The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1877-05-11


with the two belligerenis. are compare
lively insignificant, the clash 81 arms ~
the East can not but have an Immediate
and considerable bearing upon AmcrI-
can commerce. OF late years Russia,
and Turkey and her appanagcs, have
furnished England and the Continent
principally England with an average
yearly supply Of grain, amounting ~ the
aggregate 10 about i5.oOo.ooo bushels.
This supply will not only be cut on, but
the two belligcrcnts, with probably To-
octher not less than million and half
~ men in the field to feed, will be con-
stantIy in the market as buyers OF grain
and provisions.
ANY grain deficiency in Europe. arts
mo from war or other causes, must be
substantially supplied by the United
States. Owing to perfected system OF
CHEAP rail and water transportation
from the grain-growing districts Of the
West 10 the Atlantic sca-board, Ameri-
can grain has Of late years steadily
crowded Russian cereals from British
markets. In the present instance no
other grain-growing country can sue
cessfully compete with Us in supplying
an extraordinary demand for breadstuiis
for military consumption. Thiscnlarged
export Of grain aud provisions promises
more money 10 our agricultural classes,
increased 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 50
rapidly during the last eighteen months
will be increased BY the Russian Turkish
war. A. vet there j. no demand Tor
American fresh beef upon the Continent.
but il i understood that several specu-
lators are now abroad with the intention
of introducing il; and we have heard
that the German steamers VIII soon pe
fitted up with refrigerators for the eN-
mort Of fresh beef, the same n the En-
olish steamers now are. The expectation
~ beef first commenced in October. $40,
with a shipment Of $1,000 pounds from
This port. which had increased 10 6,262,
$50 pounds (valued III S5ls.'62) IN
March last. The consumption Of Amcri-
can beef in England has surprised the
most sang,line shippers on this side.
Within the last As hours the largest
shipper of fresh beef in this town ha.
received a Telegram from well known
and responsible English house, offering
10 take all his shipments at sixpcnce pei
pound "a little over IL cent~) laid down
In Liverpool War and war rumor'
have increased England's needs in this
direction. The expectation Of fresf
meat from this country is like. soon Z
become great feature Of our intcrna
fional trade.
But while war viii probably increas'
our sales 81 food products. il will % Yer.
nearly the same extent check the con
sumption Of cotton, petroleum, and 9th
en- raw materials, for which Europ
looks chiefly to rs. Al the same tim
the existing prostrafion ~ trade abroa'
must bc greatly augmented by the clos
ING IL European pl,a r.. and larry
lines Of certain desc nf'yns Of manilfac
tured goods must be shipped 70 this coun
try and sold for the most they will bring
American markets will become outlet
for whatever il upsalable IN the grea
ccnterS Of European trade. and import
ed goods will fall In value here. decd
ed gain to the great mass ~ the people
those who consume tea, coffee ana q
gars. a. well a. 10 the Weather class,
who drink foreign wines. dress in hroae
cloth and silks. and indulge IN cNpcnsis
European Injuries. Our manufacture
will probably be shorn Of portion !
their profits BY the great influx Of sliri
ish, French, and German goods force
ofat rninous prices.
Yet, while our trading and CONNIE
cial interests will be yariuusly. and ~
always bcneficially. affected by war
Europe. our financial condition will
strengthened and improved. Our 60
eminent securities will be free from y
distrust attaching 10 the great borrow
ing nations Of Europe, any Of which q
likely 10 be drawn into the conflict.
il not, from present appearances, pro
able that the struggle will long be 60
fined 10 Russia and Turkey. Prude
European investors will. therefore. M
urally single out United States bond
now prominently and fayorS,ly know
in all European money markos. ~ lea
likely to be effected by the contingcnci
Of the war. and as presenting eve
guarantee Of safety. In the main, :
war will benefit us both commercial
and financially, though probably not
any astonishing extent. York 81
F..I.u -.