Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1877-04-25
No. 26.
War in Europe.

'NN' Hoh"i.tob VI tHiDSS III LN
rope as the apparently impending
struggle portends would have very
important bearing upon onr commerce.
our Hpances and possibly also upon
the future of our population. Our re-
latlon to Europe is that of supplier
of food products and Of raw material
and consumer. in return, Of Europe
an manufactures; besides which W.,
stand in the position of being la, g+.
borrower of its capital and the Quite
Tor Its inadequateIy remuuerated pop
uatlon. The first effect of hostilities
would be to stimulate the demand fo,
food supplies for military consumption
which, in time of war, is always atten-
ded with sudden increase of commits
sarat stocks and a large amount o1
waste; this rule applying to navies ar
well as to armies. The mark cts, there
tore, would Immediately feel the effec,
OF large Government demand for
grain and for provisions. The next
effect would be to stop the supply o.
such products from the countries en-
gagged In conflict. Just what this I'M
plies may be inferred from the fac,
that Russia usually exports about
80, 100000 bushels of grain to Eng
land and European countries; and that
Turkey and her dependencies exported
last year to Great Britai ;alone 6, ,SOo.-
600 bushels. So that war would Gu,
off 100000 bushels of grain usnall,
distributed throughout Europe; which
deficiency the United States would BIZ
mainly expected to supply, Besides
this, proportonate extra demand np-
on US for pork and packed beef. And
beyond this we should possibly receive
important orders for munitions Of war.
But, when this has been stated, little
more remains to be said as to the war
causing any increased demand for
American products In respect to
most other articles. its effect will be TO
diminish the demand. The depression
eff trade in Europe will check the CON
sumption OF orr cotton and put dowu
It's price; and petroleum and all minur
exports will be similarly affected; ST.
that what we may gain on one class Of
exports we shall lose on another. 1t
must be kept in mind that while the
enlarged exports Of food products will
increase our returns from foreign couH- /
tries, yet it Will cause home CONSUMERS
to pay oorrespoudingly higher price
upon a many times larger quantity
consumed by our own population
which is state OF things by no means
conducive to, a satisfactory condition of
the masses nor to the consumption at
other articles by the Million ansa asg
The truth is that whatever adzanf-
age may come from the war will accrse
rather from our imports than our ex
ports. Coming, as war would, upon an
already depressed condition of bnsines.
10 all the nations of Europe, it must
induce there general prostration OF
business, with consequent general
decline of most of the articles we i'm
port from thence; and it would ais,
involve in the same way correspon-
ding fall in the value of the commodi-
ties We import from Asia and South
America. All our consumption of ten.
coffee, suger, dry goods, and otlnr
merchandise which we now derive fronl
abroad would thus be obtained at lower
prices than would otherwise prevail.
The bad condition or the closing of
other markets would cause:considerable
amounts of certain kinds of goods to
be consigned hither to be sold for
what they would bring; and thus the
reduction in the cost Of some foreign
articles might be very important.--A.
7. Bulletin, 4April l6. - e~
The Masonic fraternity Of Clepe-s
land. O., are making extensive prepar-
atons for the trienniai sconclave of the
Grand Encampment~o of Knights Ten
plar Of the United States, to be held
in thar city on the 2Sth of Angus.
next. The Grand Commandery IF
Ohio has extended antoearnest invita
tlon to all subordinate cemmanderie~
IN the United States and Canada, to
be present on the occasion. Quarters
have beer provided for l0,0u,
knights. Many citizens, not members
of the order, protfer TO the commitaee
the freedom of their residences for the
entertalnneut Of visitors 1t is conf
IDENTIFY expected that this will be the
largest gathering of the kind ever hela
in this country.
THE Columbus Republican says:
The railroad bridge acolsS the Wiseau-