The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-08-03
WHOLE NO. lO8.

was so short that Great Britain would be
on the brink OF flour panic before the
lst Of August 1876. Our national De-
partment Of Agriculture stated that the
wheat crop Of this country was only
two-third crop. Under these circum-
stances it was universally anticipated
that the price Of wheat would, at this
time, be very high.
That the farmers Of the west have met
with grievous disappointment in this
particular is directly traceable to the fin
ancial revulsion, which. originating in the
United States, has spread over all Eu-
rope. There are probably two thirds OF
the inhabitants of Europe who in the best
Of times do not use wheat flour, they live
on "black bread, rye, barley and pota-
toes. The peasants of France and Aus
tria come within this category. When
sthard times" visit the world this class Of
non-wheat-eaters is largely increased;
while even those who continue to use
wheat-flour are driven to economy in it's
consumption.
Hence we find. that to- day wheat is as
great drug in the markets of the world
as dry goods. The tour million OF work.
ing people in the United States who are
out OF employment are unable to buy
wheat flour; the New York papers are
full OF article to teach the people how to
live on nothing and keep fat; potatoes
have, fortunately for the half-fed mnltit-
udes, been exceptionally cheap, corn
bread is cheaper than wheat bread, and
so flour remains unsold and the granar-
les are glutted with wheat.
Take. as an illustration Of the condit-
ion OF the populace the following re-
port
| Yesterday forenoon the committee appointed
by the dissatisfied workmen Of Newark N. j,
waited on the Mayor at his Office in the City
hali, and the Chairman, John McQuaid, said
the trouble was that the men were out Of work
and some Of them had been idle from six to
eighteen months They cannot get work and
their families have nothing to eat. When
they ask the Street Commissioner for employ-
ments ne they are put Of and get no satisfaction
he knew some favorites who had been working
steadily ever since March. He knew OF men
who had had only rnorsel Of bread IN two
days. John Coyle, whose manner was very
Offensive, said when he had asked for work the
Street Commissioner had ordered him out OF
his office. The officer named said that Coyle
was ordered out OF the Office for rsing abusive
l
and lot in the Seventh Ward. The Mayor then
replied that he believed the Street Commission
er had distributed his work fairly; that he was
sorry to hear Of such distress, but that he was
unable to DO anything for them. He would
refer the matter to the Common Council. He
thanked them for their orderly conduct, when
Coyle who seems to be the prime mover in the
demonstration, replied: eve were peaceacle
last night because we expected you to
do something for us; but we may not be
so quiet If we get nothing to do.'' The COM
mlttee then retired, and thus far no new de-
monstration has been made.
| Under ordinary circumstances the price
OF wheat would rise. Three-iourths oil
the wheat exported from the United
States come from Minnesota, Iowa and
Wisconsin. and in all these states the
wheat crop is far below an average.
Our great rival, Russia, has short crop
We quote -
From Southern Russia the accounts Of the
crops are not favorable. The locusts have COM
mltted some devastation, and the general con-
dition OF the grain crops have been unpromis-
ing the whole season, but We have no COM
plants from the governmental districts Of the
east, southeast and central Russia.
The other sources Of European supply
are also deficient
FROM AUStflA we learn that the complaints
relative to the condition Of the crops have sub
sided, and ths quotations Of the grain markets
have declined.
In Hungary there has been more rain than
was needed, and some devastation Of crops was
feared from inundation in the great valleys N
/ tha Theisa and Of the Danube.
From Germany the reports Of the growing
crops are not very favorable mp to the 18th Ok
June. but there were hopes that better weather
and the heat Of the sumner would make fay-
orable change. The markets at Berlin and
Hamburg were quiet but firm and rather de-
void Of transactions.
In England It u conceded that the wheat
crop will be later than usual by from ten days
70 fortnight. The cold and wet season hss
kept the crops from growing, and on the l7tl,
Of June the heads were beginning to show
themselves from their green sheaths in the
EASTERN counties. The resnlt will be that Great
Britain will require some i've to eight millions
Of bushels more than has been calcnlated nnon
} % carry her through the year.
Under these circueIstances one would
feel justified in anticipating . rise in the
price OF wheat, but With Horkmen who
live on morsel Of bread in two days,
tits no wonder that wheat rules At sixty
and seventy cents per bushel in Minneso-
T.. There il not over-production, but
under-consumption, produced by the
hard times, intend6ed BY reduction Of
sixty millions oftbe currency in one year;
and BY policy which threatens to make
every man pay his debts in gold in three
yean. or sooner, if Gov. Hayes can
bring it about
!! All misgovernment finally finds its
way to thepockets ofthe people. and he
that has least suffers most. The wheels
Of the gret Juggernaut Of Republican
ism, ,smeared with the blood Of Thousands,
have at length reached Minnesota; and
tho grim and golden idol, surrounded By
ths priests Of Wall street, and adorned
with tbs plumber ofthe people. has taken
possession Of the land. Let our farmers
lproslzaas themselves and perish.