St. Mary's beacon., 1863-03-19
Frn-i = . Gr.'hn,r' razs:se.
TOBACCO--lTs PROBABLE PRICE
For 1893.

TOBACCO--lTe PROBABLE PRICE
For 1893.
| ALlx.xpnI.. YA,.l
Feb -. 1863
Extracts from IN r. d.:
And nov / Eave something 10 sa,
about tobacco. What arc H. sirws "a
ayeur planters on the subject Y IN she1
ltxpcct an increase Of prices oyer I'll SIS
years crop? / fear ihry may be q - :
travagant in their views. although fmuS
he Admitted that from present dste thc
probabilities arc that the Spring price:
will rule very much higher than those oil
the same period last year. The prices Of
/ hast FALL and the prcscit winter. say from
September dawn t" the present. reri"d. were
! fully one hundred per cent on these Of the
Spring: anu TO d"ub, large sums Of money
have been realized by those persons whu
purchased carly in th" year. But the
satgrc. ults may not take place again.
think j, would be prudent in the planters
net to i.mk t"r tou high prices. The pres
ent excise Law oa the ma~n7a1u~d article
mus, caIry ap the price in the manufac-
turcd frm to very E'sh figure. but this
concs ont of the c,r,>u.ncr. although. Ia
be surc. i: leaves ride ssn,gin far the
rae nmier.m The consumer is liberal
/ customer. lid will sLbm,it tn high taxes
whilst N, )rrIncsr Msnad h. dsronruqei
.f~'m ats p,"""rfi"a if the tax was placed
ON the growth OF I'll" article Besides
the rer~"urs IL tie Torrrnmcnt would b.
propo.tionatly decreased. The less the
taxes arc OH the raw material, the yrvnter
will b. the Production. anl, % c"urs', the
the greater the revenues GU the ruanu'ac-
turcL arilcIc---sinply hccausc thrr" will bt
more u, it fnr ,axni"n But hig', taxes
ON the manufactured firm must necessarily
enlIaDcc tie piicc "f the article. IN that
firm. and in he same RI, tin will 1t enhance
the price of the raw material an H.@ hnntIs
.J the producer. Apart. however, from
this consideration. ! do not see how the
old rates Of .Jire anal ten c'"'s PR pou"i
for the raw article. ran. for >r,cral wears
10 como. be looked forward to, ~ sprcnl.-
tors and buyers, As The ruliic prices. Ny
"wn Impressions are. that those days have
Parsed away. craving out "f existing cir
cuuistanccs. aud a:c ~, likely 10 return
for long rhHs. and that. too, whether
there is "a continuation of the war or not
1t is highly probable. and more than .ca-
.onabIe t" suppose, that. owing to 'lc i'm
ncusc loss Of slave Labor Caused by thr
prescn, war; in Virginia. Kentucky.
North Carolina, Tennessee and Missouri,
i've Of the largest t'bacco-gr"wine Stases,
the crop of 1852 in those States mus, have
been very il considerable, if not altogether
nominal. These States have been during
the last year, are how, and will he during
the present year nvcrrun SD completely
by Il devastating -"ldicry. on both sides
that it will be equally impossible to cal
euls,c on q crop OF tobacco during the
present gear. Inlcrd, it is stated in all
their leading Journals. and generally re-
oy all par les. that "a" tobacco .
should hc grown the present year in those
States; but that all their resources skoul!
be applied tc the cultivation Of corn.
roots. cereals and Other kind of food for
the support Of III. army This is not Oh
ly highly expedicnt. but il is certainly
what nigh, naturally enough, be cx-
pscted Indeed. it Is almost certain. from
The drmoraiiGcd c"nditi"n of the slaves in
those States. TO say nothing Of the vas,
withdrawal IF that sort of labor from ag-
ricultural purposes, to Those Of war, that.
no tobacco cr,p Of any extent. can. with
amy reasonable degree of reliance. be cal
culatrd on. Here. then. at once, is the
beginning Of wide field for speculation
and cor .c,urr. These .fce States haze
heretofore producrd mm'st the entire crap
If vJs,cco. in the United Sot-s-Mary-
land aud small portions of Ohio. Pcnnsyl-
vania, aud Connecticut are alone TO b..
excepted. Aud what these latter Sta'es
have. aud can prr,iuce. is but u feathers
1eiyht. in comparison with the whole crop
of the United States. i" the scales IF the
yrnerl consamptio" IF tho 1or'd. Th',
al,ne.t entire loss of the crop If 1862. and
We may say. the entire lnss "f the crap OF
1868. aud ths Likelihood If continuance
Of such state Of things for some years t"
come. 10 Those State. must. aud will i'll
evitably. have an effect on prices of
crops, raiisul clse~herr, which IA" human
toTcsiSnt can pHUclIate. du" WHICH, IL u
very certain. has never yet been seen or
witnessed III the past history Of the
growth aud production of Tobacco. T."
what extent prices wil: go, or rhen the
expansion xill likely begin, are results
beyond the knowledge OF the most shrewd;
but Que thing is certain. they are natural
results, FROM natural causes. ans! not mere
epLemeral or cor "c,ural spceula,ions.
The crops Of 1850 and 1861. in those
States. and which, Or great portion of
which. is suFposed to lie at present i" the
hand. rf The Confedcratc.. it not burnt. ar
otherwise destroyed. could have no Vatr-
rial lasting effect upon the market, even
should the blcckade "f the southern port
be broken The uh"is consumption IF
the United &utes aionr. owing to the
causes have above enumerated. will NOR,
than r, quire all the Tobacco that can BE-
grnwE. Ia Maryland Ohio. Penns, lvania,
and Connecticut Aud. even surprising.
that the crops Of 1860 and 1861. which
the Confede rates are SUPPOSED 10 have on
hand may be scat abroad. aud sold IL
f,r..ien markets. a,.i thus diu,it.isi the