The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1873-11-06
c,aIa. sos cotton, Is King.

Grain, S0s lotion, Is King.
Tho present panic has bought into
the foreground several Very curious and
valuable facts:
I. That grain is king, and not cotton.
9. That the gold ofEarope may 1e made
10 flow to America hereafter II We so
VIII Il. 19s INA New Orleans has4nads
"a wocfnl mistake in treating the Wcs-
,e,n produce trade with So much indif-
mremt, AND fiyisssah efrhsr stime, A.
tchtfo,i and tap,iaf',o mo ro.,o,r ~adc.
These thcer propositions are proven
rs follows: New orls Ciiy has already
received fran England 81, 10000 stcr-
fih!s IN soiti;J seess0o,00O ,noreare en- reste.
C.nada has sen. s700,00O to New York,
sf;kicsxsi, IMilxauket,, land 'oiber places
in this country. How much does THIS
amount 10 Ten millions OF dollars,
gold. All this money has been sent
toinvest in American. grain. England
must have bread. She can wait for cot
ton. Her people mus; eat whether they
spin or not New Orleans has 10000
bales OF cotton on hand, worth Stz0op,-
s,,yv in psospcrOus- times Yet she is
short Of S,se ~ l.ayipg Ito IL
Der cents. pfcsMa.A foe cote isd usscncy
wn;Ic New York j. selling gold ii 5 ! :.
:.i..S Is vay;aS - 10 - cents premium
+. Gs>ASgksSs Schaaye,whlc New York
is selling 1t at { 10 s. Sac paying ~
cent per bushel for corn, while New
fprk Inys bat 50 t0S l. She can lsseli her
/, eo:lJk andxic nissS bsy Her bread and
meat at high prices. no: having the
c;ssh to pay ior ihcm. Tho latest advi-
tcs trpm ,asre say cotton il tower and
dull. aud corn is scar:c and tending up
ward. Yet New Orleans, Sits -. the
,aou,h OF or the navisabie waters
cfw!.ich drai,ka sAIIdy psdd:6iSg hun
drcs;s ..sS millions oh b;sstHfs OF grain
every year. 4. Ncw Orleans would bat
.:L''C.c afaf Sfkasas.r, corn would be
selling at 40 cents upon her market to-
DAY, III 45 csnIs al INST. Spring wheat
syss,,alfbe ;,btu,.ai:t at s % for No: :,
though it is now bringing Sl.35 TO ST.
40 in New. - oris. These facts would
have araws :aSsi0 ooo, 900 Of gold into
New Orleans to-day instead of 10 New
iur.., an1 activity and thrift would have
kcsnybsr- cxpS:Sa sscs iaaiead 81 siaes in-
,Ssrarilxsf. ksStrI1 aud &c i or:iixins
idlcrcss witch is roy upon her. Trnc,
sl.a, i,;.s soa t,,.s, buS whca ean siic'sctl II:
When New York and Bos.ca merchants
sliaiI be jim 10 send cxtrayaccnt 'tt'ers
tn ,isn..iand for goods of'aa kinds; when
the r.,i;W-,y. tniidc:so of ..am;r.ca shall
again demand Of England all the iron
sic canrmaie. Not much sooner T:h.n
81 IL. H., sisl,, r. hS
ACTIVITY in the trade tor some time to
come because the matchmaking trade
will bc llfcless tvr q. comparatively long
TING America is Engiani's larscs,
saktom or, anil An, cr,cal@s ;iearly stpiped
bu.ing. .Thr',linss tina. England his TO
sell We can get along y ithsu,, for months
rprpnle ]; in tact, we ean manufacture
them ourselves in the future il We will.
But our wheat, core, pork, larI, butter, |
etc, Eusland must tavei and, as we
wont take her goods, she mast pay us !,
in geld. II Is not easy 10 see that orr /
l,aaic will ke transferred TO England
l.fSsch,it,, II This Sort Of thi,::.s goes
ON For it involves the shutting up Off
tho wurEshohs,I the closingFof mines,
etoppa.c OF factories, advance in bread !
a$tsaduy ,nrreasrrx rate of /
b 4he Bank ~ Hn::;ssand.S 4
But in the meantime grain is king. !
Grain draws a steady stream Of gold
IRON EsgIlsh Golfers II lows through, /
thc Chicago banks and enables them to .
maintain their integrity, and keep busy /
while banks in cities that do not export !
grain areHSashed aaJ.iaie. nAs an evil
.icncc that the strength OF the Chicago
tanks is of foreign ana special nature,
we point IL tlis uitcr Prostitution OF her
great lumber interests. Chicago has
twolva>t Interests. One is iiunibe-, (ty T
far The most profitable Of the two, the
other is grain. English cani:al does not
want .Chicaso,s lnatcr, SO The lumber
interest dies. English capital really
Goes " ntt'hics.o's graincsoythc grain
interUst lives. II not. only IiteA bit
such hosting is done by the Chicago
press over the fact that it does live, lat
!. novice would suppose every interes;
IN tho city were equally alert. However,
grain is king, and Chicago is that kings
capital. Not that Chicago is the best
capital the king could select, by any
means, ai,yi more thani Washington is |.
the best capital the nation can have :;
hut i, is there, and st. Louis fully rea-
lies that 10 move either Of them will
be 4 big job. Bat the former will be
in timc AS sure as the
world stands. Tho Great Mater .ouic
is as everlasting rs the hills. and in
tine the improvements which ongrcss
Will te compelled to provide for, and
the fasiii,iJs (which The NECESSITIES OF
com mtrtcc~ Gfff- win the tidv .ori,, and
st. l.euis will become the great grain
Ut thscoaiincni-7.St. ,Lgsis
Dec.ocrat. =" y 90 , "a "A