Buchanan County bulletin. [volume] (Independence, Iowa) 1869-1891, 1877-07-27

Turks strip the country before they
leave it, and the invading army must
bring its own supplies and sufficient for
those OF the native Bulgarians from
whom they expect sympathy and aid.
If Russia could depend upon the ordi
nary amount of production, an outlet
for her surplus crops could be found by
rail into Northern Germany and thence
and thence from the German ports to
Great Britain; but there is strong
probability that the Russian surplus
will be exceedingly small by comparison
with what it usually is.
Secondly, there are. no old stocks to
carry Great Britain over while awaiting
reasonably short termination of the
war. The last American wheat crop
was VIGOROUSLY short. The proof Of it
is that it is already exhausted before
the new crop is harvested. There is al
most no wheat going forward for export
because there is not more than enough
lief to supply home consumption till
the new crop shall become available.
So the Russians, enjoying a long warn
ing Of the war to come, boarded their
stocks for their own use, and the Ger
mans, Austrians, Hungarians, French
and all have been prudent enough in
view of possible complications, to keep
their own necessities in mind. This
tendency is well illustrated by the fact
that several brokers have been buying
what grain they could in this country
for shipment to the Continental ports.
All the conditions Of Europe, then,
promise the extraordinary demand for
American grain which alone could Sc
cure high prices in these times. If
Americas crop were no larger than 1t
was last year, these high prices would
be of no general benefit to the country,
as the surplus for export would be ex
ceptionally small. But this brings us
to the third condition which has been
SO favorable to America.
Providence has literally showered its
blessings this spring and summer, for it
has been the abundant rain which has
made the land teen with plenty. No
vegetation has been able to resist this
generous fructifying influence. We
have had distinct intimation why En-
gland and Ireland, with their constant
rains, always produce, year after year,
all the extent of their cultivated lands
will yield. The rain fall of this year
has stimulated the whole land in such a
way that it produces without labor and
without stint In the Northwest and
Southwest the wheat crop in rich album
dance is already a certainty; nothing
short OF an eXtra-natural interference
can affect it disastrously. In the South
the cotton and corn can be seen to grow,
so rapid and hearty is the progress. All
other crops i'll all other sections are SIM
ilarly abundant, with the exception of
California, where the dews from heaven
have fallen sparingly The Pacific
Coast, which usually has from twelve to
twenty millions bushels of wheat to dis
pose of, will probably not send out more
than six millions this year. But even
this circumstance is rather favorable
than otherwise; for, while the Pacific
has resources enough outside of its
crops, the comparative failure of Cali
fornia wheat will help to assure the con-
dition of the national prosperity good
prices awaiting the abundant product Of
the West and South.
The result of these conditions cannot
be doubtful, unless they shall be coun-
teracted by unforeseen misfortunes.
Half the population Of this country con-
sists of farmers; pay them good prices
for all the grain they can bring to mar
ket when their crops are large, and they
will pay their debts in the towns and
return home with their wagons well-la-
den with goods and supplies. Thus
they quickly share their property with
the town and city folk But the benef
icence of these conditions reaches still
further. Good crops and big prices will
set the transportation interests on their
legs again The railroads can again earn
money without depressing the produc-
ing and shipping community; they can
pay interest on their bonds and divi-
dends on their stock; and they can i'll
justice to themselves restore to their
employees something like their old wages
and thus put stop to the labor troub-
les that are now so seriously threaten
ing the peace of the country The banks
will come in for their share of the gen
eral improvement of things; instead Of
capital rushing into per cent bonds, it
will be engaged in moving the crops and
promoting the enterprise and specula
ton that naturally grow out of lively
exchanges. We foresee nothing but po-
litical stupidity and obstinacy that can
clog this evident progress toward more
prosperous condition. If Congress, at
its approaching session, shall promptly
change the date of the Resumption act,
and substitute for the present sentiment
tai declaration a practical preparation
for resumption at time when the capt.
tai of the country shall be adequate to
the undertaking, the popular apprehen
sion of trouble from this source will be
allayed, and hope and encouragement
will become contagious instead of des-
pondency and croaking.