American citizen. [volume] (Canton, Miss.) 1851-1863, 1863-03-06
4 view ahgaa for Spectators.
n The Mobile Register and Aslveftiser.l

From tat Mobie LEICESTER ana. ausellsser
There never was a time when the old eau
ton, = Never go a claiming at high water =
applied with more significant force than the
present. Prices, in almost every necessary
or desirable commodity, have reached point
from which a fall is easy and rapid, and may
be precipitated mt any moment and yet the
mania seems still at fever heat
This imitation of prices has been produced
more by a superabundant currency than from
any justifiable scarcity; and the time may
not be far distant when the man who has
invest ted his means in bonds or other public
securities. which have fixed and permanent
fyaltie--eaual at least to Confederate notes
will feel as safe and comfortable as he who
puts his gains into sugar at fifty cents per
pound, or Hour at seventy dollars per barrel,
Tor at even one half these prices) or any
other commodity at equally fabulous prices.
Let us make a.calcuiation. We will select,
for example. the two articles of sugar aud
-four The former is selling in New Orleans
at. say nine cents, and in New York at.ten--
furnished from our neighboring West India
Islands Flour is selling in New Orleans at
SO, in New York at 49, and in Cincinnati at
So !; aud this in currency 10 better than
our own A fair specie stan dard, predicated
ON prices outside the Confederacy-from
whence our supplies viii fow-for these
articles would be about seven cents for
smear. and six to seven dollars for -four; and
the marty who has to day $4,000 in these
articles mt present rates, viii have something
less than $1,000 the moment our ports are
omen or the Mississippi free!
our markets with foreign goods, and the
warehouses bordering the Ohio and Missouri
are oroaniur with Western produce which
will find its way into the Confederacy in
fifteen days after trade opens
That a change which will come sometime,
is certain and it may be nearer than many
IMAGINE. If not sudden. il will, when it does
! come. take the public with more or less sur
mise The causes at work are varions. The
suffering. not only of Europe, but the entire
ontside world is having its influence The
s;saffaction of the Northwest may tend to
omen Western commerce sooner than many
anticipate But more than either, the fact
that the services of four hundred and hits
fhansand Federal soldiers expire in little
moro than sixty DAYS, is a matter of no small
import to say nothing of the result OF I'M
pentinr battles In the meantime
II will not require actual peace or final
oneni,.te Of the blockade to bring prices down.
The FIRST tangible indication Of such result
would convert every holder into setter, ana
drive all demand from the market, ana tnas
within twenty-faur hours after such a behef
had settled on the public mind Lei al eeSs-
ceraed maxi a note of fhfs- when this time
c.,r,as as come it will, such a tumble 10
,riees--such melting of past preits-sac
i q sevif,iug out . of easy fortunes, viii De IN
I teresting to a fieeced public, and canton
4 30 al spectators. save fortunate few who
have Ind the wisdom and prudence to .sstand
! from under Z in due time
/ 800 Az ON MERCHANT
Two old gentlemen of our acquaint.
ance. mellow with good living as we'll as
with age. were fond Of cracking joke a
each others expense
.sDid you ever" said one to the Other
Is.see me. when l had taken more than yos
thought could carry =
.No indeed. cannot say that have.
lreioined the other. bat / have seen yot
I when thought you had better have gons
twice after il.