, 1861-11-16
The Northern blockade en- Freight,
:. EE10n1 the N z Ecoua..ist

At~AoNA~AA
EFrom the N. z. Y.Economistl
The great grain depots Of the west are Just
now as effectively blockaded as the cotton ports
OF the south. Tbs embargo Is not created by
the presence Of an armed force; but strange to
cay, by the means ordinarily employed for
conveying the products to their market At
all the great grain producing centres, there
that can lind no means of conveyance
to the eeabeAfd- The demand from Eu-
rope is equal to the immediate absorption OF
all our surplus grain but tho supply Is
held back. The demand from France has
:slackened somewhat, but there is every pros-
average for several months to come. The
reports from Great Britain indicate that we
have yet to experience heavy domand from
that quarter. The probability Is that recent de-
: yelolmenfs VIII discover greater oeifciency
In the Eng1ish crop than was generally antici-
pated. The potato crop OF ireland is CON-
plete failure, aud it will be well if that coun-
try does not suffer from q famine almost
equal In severity to that which produced
'such fearful consequences fourteen years ago.
Binder these circumstances, and with large
demand, too, for cur army supplies, We can
anticipate nothing lees than Continuance Of
the heavy drain :npou the western granaries
that We have lately experienced.
The fact, however,, meets rs that the needed
supplies must be waited for until batter facili
LtH 1Ql Ud1eHDIR a&E p1DElNEQ4 OUf G11E8lH
are gtutted, and the whole rolling stock Of our
raihoads Is tasked to its utmost to convey
grain to the Eeaboard. The result OF this ia
unfortunate for the west, and fer the whole
COMMERCIAL community dependent upon the
rising prosperity Of that section Of country.
The producer Is deprived Of the advantages Ia
price that always result from an active demand;
and enormous profits are realized by the rail-
road and shipping interests, An owner of q
vessel can make half the Vu1ue Of his craft
by single trip bet1een Chicago and Buffalo
The rates Of freight are 30 enormous as to
constitute fully five e5xthB of the entire cost
Of breadetufs in New York.
Corn is worth about 8, Per bushel on the
spot where It Is grown in Illinois, and Yet to-
day It sells in New York for 60@65c; Its val.
ue being Increased eight fold BY the cost Of
are to be encouraged in liberalization Of what
seems to be their Cestfny-tO become the
great grain producers for Europe as well as
AmertcG; We must have this means Of trans
port increased and cheapened. As matters
are 1atteuiug upon tbs agricnltuists, much
to the damage Of the general commerce Of the
country. No Investment could pay better
| than that which would increase tie railroad
accommodation between this port and the
west. The matter will. no doubt, sooner OF
those interested to remember that they may
lose much BY delay"
| from the Philade1phis North Americana
Not only are increased facilities for t1ans
| portatIon becoming necessary bat It Is equally
essential that we should lose no time in furn
! Thing them If We expect cur produce shall
feed the hungry millions Of Europe, and pre-
serve In our favor that balance of trade which
since the outbreak of the war has caused euct
astonishment and such charges In the world'e
| commerce. With abundance of capital lyipe
idle and operatives seeking employment ST low
wagee, we ought to avail ourselves Of the oppor.
tunity to iucft ase the rolling stock Of our rail-
ways, multiply their tracks, complete works
which hitherto have been held IN abeyance
and enlarge the capacity of cur canals. O
course it ie nov too late to do anY OF these
things 50 as to be Of use to the present crops
except in the increase Of the railway rolling
stock, and that, in our Judgment, ought to
be done promptly. So vast is the pressure
1tom the West upon the Pennsylvania rail
road that the most stringent regulations have
been established to prevent anything more
than spe CITED quantity Of freight being re
ceived for shipment at any peint within Civ
en- time. This is q wonderful state Of thf1gt
when We consider the state Of trade.