The Osceola times., 1877-05-19
The Effect Of the War In this Country.

| Inc Euect VI inc war IN tuts VOumtrys
Though our commercial relations with
the two belligerents are comparatively
Insignificant, the clash Of arms IN the
| east can not but have an immediate and
considerable bearing upon American CON-
merce. OF late years Russia, and Turkey
and her appanages, have furnished Eng.
land and the .continent-principally
England--with average yearly supply Of
grain, amounting in the aggregate to
about $4,000, 900 bushels. This supply
will not only be cut of, but the two
belligerents, with probably together not
less than million and half of men iu
the field to feed, will he constantly in
the market as buyers OF grain and pro-
visions.
Any grain deficiency in Europe, aris-
ing from war or other causes, must be
substantially supplied by the United
States. Owing 10 a perfected system Of
cheap rail and water transportation from
the grain-growing districts Of the west
to the Atlantic sea board, American
grain has of late years steadily crowded
Russian cereals from British markets.
In the present instance no other grain
growing country can successfully COM
pete with us In supplying an extraordi.
nary demand for breadstuffs for military
consumption. This enlarged export OF
grain and provisions promises more
money to our agricultural classes, in
creased activity to railroad business, and
probably revival to some other branches
Of industry.
The sending abroad of dressed meat
and live stock, which has grown 80 rapidly
during the last eighteen months, will be
increased by the Russian Turkish war.
AS yet there Is no demand for American
fresh beef upon the continent, but II IL
understood that several speculaton are
now abroad with the intention of intro.
ducingit; and we have heard that the
German steamers will soon he fitted up
with refrigerators for the export Of fresh
beef. the same m the English steamers
now arc. The expectation of beef first
commenced in October 1878, with a ship.
ment of $4,000 pounds from this port,
which had increased TO 9, ,262, 1855 pounds
valued at $5l7, ,762) in March last. The
consumption OF American beef in Eng.
land has surprised the most sanguinc
shippers on this side. Within the last
48 hours the largest shipper Of fresh beef
in this town has receiveda telegram from
a well known and responsible English
house, offering TO take all his shipments
at sixpence per pound "a little over ~
cents) laid down in Liverpool. War and
war rumors have increased England's 3
needs in this direction. The expectation
Of fresh meat from this country is likely
soon to become a great feature Of our in
ternational trade.
But while war will probably increase
our sales Of food products, IL will to very
nearly the same extent check the con
sumption Of cotton, petroleum, and other
raw materials, for which Europe looks
chiefly to us. At the same time the exist
ing prostration Of trade abroad must be
greatly augmented by the closing OF
European markets, and large lines Of GER
tain descriptions OF manufactured goods
must be shipped TO this country and sold
for the most they will bring. American
markets will become outlets for whatever
is unstable in the great centers OF
European trade, and imported goods will
fall In value here, decided gain to
the great mass Of the people, those who
consume tea, coffee and cigars, as well as
to the wealthier classes who drink foreign
wines, dress in broad cloth and silks, and
indulge in expensive European luxuries.
Our manufacturers will prokably be
shom Of portion Of their profits by the
great influx of British, French and
German goods forced of at ruinous
prices.
Yet, while our trading and CONNER
cial interests will he variously, and not
always benefcialIy, affected BY war in
Europe, our financial condition will be
strengthened and improved. Our Gov
ernment securities will be free from the
distrust attaching to the great borrowing
nations OF Europe, any of which are likely
TO be drawn into the conflict. II is not.
from present appearances, probable that
the struggle will long be confined to
Russia and Turkey. Prudent European
investors will, therefore, naturally single
out United States bonds, nov prominent
ly and favorably known in all European
money markets, as least likely TO be
effected by the contingencies Of the war,
and as presenting every guarantee OF
safety. In the main, the war will benefit
us both commercially and financially,
though probably not 10 any astonish-
ing extent. ..---New York Sun.