The anti-monopolist., 1876-08-03
WHOLE NO. 1OS.

was so short that Great Britain would be
on the brink OF a flour panic before the
lst Of August 1876. Our national De-
partment OF Agriculture stated that the
wheat crop OF this country was only 3
tWo-thlrd crop. Under these crcun-
stances 1t was universally anticipated
that the price OF wheat would. at this
time. be very high.
That the farmers of the west have met
with a grlevous disappointment in this
particular is directly traceable to the tin
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,n rye, barley and pota-
toes. The peasants OF France and Aus
tria come within this category. When
shard times visit the world this class OF
wheat-eaters is largely increased
while even those who Continue TO uss
| wheat-tlour 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
rs ry-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 articles to teach the people how to
live on nothing and keep tat; potatoes
have, fortunately Tor the half-fed mnltit-
udes, been exceptionally cheap, corn
bread is cheaper than wheat bread, and
80 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
Hall, 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 10
eighteen months They cannot get work and
their families have nothing to eat. Wher,
they ask the Street Commissioner for employ
ments they are put off and get no satisfaction.
lie knew some favorites who had been working
steadily ever since March, He knew Of men
who had had only morsel 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 os
his office. The officer named said that Coyle
was ordered out of the office for Using abusive
language, and that he was the owner OF a hous.
and lot in the Seventh Ward. The Mayor the,
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 IL.
thanked them for their orderly conduct. when
Coyle who seems to be the prime mover in tl..
demonstration, replied "We were peaceacls
: last night because expected you to
90 something for rs; but we may not l..
50 quiet II we get nothing to do The con-
niittee then retired, and thus far no new de-
lnonstration has been made.
Under ordinary circum stances the price
OF wheat would rise. Three-Iourths OF
the wheat exported from the United
States come from Minnesota. Iowa and
Wisconsin, and in all these states the
wheat crop is far below IN average.
Our great rival, Russia, has short crop
We quote =
From Southern Russia the accounts Of I'll.
crops are not favorable. The locusts have COM
United some devastation, and the general cor
eiition of the grain crops have been unpromis-
: ing the whole season, but We have no COM
, plants from the governmental districts of III.
east, southeast and central Russia
| The other sources Of European supply
are also deficient =
From Austria 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 u.
/ tina Theisa and Of the Danube
! From Germany the reports Of the growing
crops are not very favorable ~ to the nth O,
June, but there were hopes that better weather
and the heat Of the Summer would make a fav-
orable change. The markets at Berlin and
, Hamburg We're quiet but firm and rather de-
void of transactions.
In England II Is conceded that the wheat
crop will be later than usual by from ten day,
to fortnight. The cold and wet season hs.
l kept the crops from growing, and on the l7:l
) Of june the heads were beginning TO si4o,,
themselves from their green sheaths in the
EASTERN counties. The resnlt will be that Greal
britain will require some five to eight million.
Of bushels more than has been calculated nnor
, TO carry her through the year.
Under these circumstances one would
feel justified in anticipating rise in the
price Of wheat, but with workmen who
live on morsel Of bread in two days,
it's no wonder that wheat rules at sixty
and seventy cents per bushel in Minneso-
"a. There is not over-production, but
under er-consumption, produced by the
hard times, intensified by reduction OF
sixty millions ofthe currency in one year:
and by policy which threatens to make
every man pay his debts in gold in three
years. or sooner, if Gov. Hayes can
bring it about.
: All misgovernment finally finds il
: way to the pockets ofthe people. and he
that has least suffers most. The wheels
Of the gret Jnggernaut Of Republican.
ism, ,smeared with the blood Of thousands.
have at length reached Minnesota; and
the grim and golden idol, surrounded BY
the priests Of Wall street, and adorned
. with the plunder ofihe people, has taken
: possession OF the land. Let our farmers