The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1876-07-05

journal 80 fully comprehends the situa-
tion OF these matters among US, as this
London Journal manifestly does. The
co6ditious could not be better stated
even by q resident statesman to whom
all the facts were familiar.
But there is an outlook to this matter
even beyond the proximate question of
opening additional markets by opening
a new route. It is in regard to our meet
ing and overcoming competition in the
grain trade in the markets Of Europe.
10 greater or less degree, all Europe is
grain growing country. True, its pop
ulation is gradually exceeding its bread
supply. still there are in Continental
Europe, and especially in its Easteru
portions, in the Danubian valley and in
Southern Russia, some OF the finest
wheat lands in the world. The value Of
the grain sent from Russia to England
alone, in 1873, amounted TO $4,000, 600.
Besides this she to large extent sup
piled Germany, France, and Belgium.
Australia, South America, Egypt, and
even India, contribute likewise to the
European bread supplies. For America
to enter the lists alone against all this
competition is sufficiently discouraging
under the present costly system of in
land transportation. But, if relieved by
the "Jetties" in this particular, our peo-
pie may take courage and defy competi-.
1 ~, ho orlya 70 6f Tho
effect of this would be to cheaper bread
to the consumer; but 1t would likewise
benefit the producer, at the expense OF
the present oppressive monopoly of the
middiemen. ........
Abiding to this aspect Of the matter,
the same writer in the London Standard
alter showing the advantages that would
accrue to the European manufacturers
and laborers, says: .,.l....-
!, ssBut to the backward and purely agri
cultural countries OF Europe-the Dan
uDian provinces, Hungary, Poland, and
above all, the south OF Russia, the con
. sequences will be altogether aifferen
anu extremely serious. Already south
: ern RUSSIA has suffered severely from
: American competition in tine corn trade
v A report prepared for the municipality
, Of Odessa last winter affords much in
structive in orinatlon ON this point. Ii
l. the year 1857 RUSSIA supplied A pc
II cent. OF all tue corn imported into Grea
Britain, while the United States sup
g Piled no more than IA per cent
'l the proportions were thus more tina
lhree TO one. But in 1873, only six year
Ia later, Russia found herself utterly dis
tanced. Russia tueu supplied only
per cent, while the United states SUI
1T plied "A per cent. Tue United State
a mad then taken precisely the place OF
:, cupieu BY Russia SIX years previously
~ while Russia had iaiien to less tina
OF half her lormer proportion. IL is tru
le tnat Russia sent US i'll 1873 a
"a absolutely larger quantity, but tn
a Increase of the American e.
u porLation was six times create
/. In spite of all the disadva
,e tages under which the America
~ 1armer has labored, we thus see that b
" superior skill, intelligence and energ
In the extraordinary fertility OF his SO
n mis- business aptitude, the great col
in merce OF his country, and the capital
his disposal, enable him to so cumpe
l. i'm Russia that in six years his expor
to 10 us have risen from under one-third
,r- Those of Russia to more than double. b
=, | WleA tle mOutuS VI ING MlseIsSiPpi u
cleared, and the cost OF carriage
a. largely reduced, it is evident that Il
I'd competition OF Russia with the Unite
o. States In the grain trade becomes il
a, possible"
And thus it is that the attention Of t
civilized world is becoming attracted
= the wonderful undertaking oil openingt
avs of the Mississippi and connecti
its wilderness of waters with the l
=, impeded ocean highway of the worl'
commerce. Truly, as the London Stdl
ov ard intimates, while this achieyeme
may not be as sensational as the OPT
= ing of the ship canal connecting
nd Red Sea and the Mediterranean, "it
ar. not impossible that it may be as grea