The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-05-09

opR exports ana imports WIN nus
sia aud Turkey together are set down,
by tho New York HaileiR, NJ only
seventeen millions Of dollars, two
thirds al lais being with Russia, The
precise figures show that 1t Is on out
exports most entirely that the influence
of the war will be felt, As fully one
hali OF oar export 10 Rui6a ouiels hel
ports by way Of the BLACK Sea, II h.
very probable that 80 much Of the
trade would bo stopped, to be diverted
perhaps 10 the Baltic aud White seus
The Turkish trade would not be likely
10 be interrupted II Is this compare
lively Insignificant foreign trade OF the
Two nations Mt war that makes their
present relations 10 ono another u
matter Of littlo direct commercial in,
torest to us, But when we regard the
export trade in grain which they usual
ly command, the war will bo seen TO
have very large Importance to us be
cause Of the interruption 10 that trade
which II IL responsible for, In grain
exports Russia aud the Turkish prov,
inces are the formidable rivals OF the
United States In the markets Of Eu,
rop0, Since 1864, Russian exports Of
wheat have ranged from thirty.throo to
scyenty,livc million bushels per onnum,
and steadily declining Of late years,
The Turkish Danubian provinces now
export twenty-sevcn million bushels Of
brcadstuils, all told, An estimated aver
age Of the exports OF both countries
gives u total Of sevcnty.two million
bushels of wheat and maize liable to be
interrupted by the war All, Of course,
depends upon the magnitude and pro-
longation of the war, If IL so far all.
serbs the productive force of the two
countries ms To render the raising OF grain
nm uncertainty beyond tho limits Of
each country's needs, then our oppor>
tunity will be clear one, II depends
again, at the last, on the extent of the
obstruction to exports by way of the
Black sea- But of the fact that there
will be large deficiencies in the supply
OF grain to the European markets from
the Black sea there can be little
doubt, and for making them up the
United States will be literally drawn
upon, The supply Of wheat in our
own markets now is not more than
one'half Of what IL was n year ago, and
if we calculate that the Russian supply
is cut oil from the English market by
the war, the supply until the next
harvest must be very small and prices
of course very high. And them comes
in the question of what that harvest
may be. The rumors of hail storms
and grasshoppers are surely not of an
encouraging sort, although some due
allowance is to be made for habitual
grumbling and the tricks of specula.
tors. But il the war is prolonged
whether it becomes extended over
Europe or not, there is no question that
it will create an extraordinary demand
for American breadstutls in Europe by
cutting oil the usual support from the
Black sea region And in the event of
the wars becoming general, the drafts
ON our agricultural resources will be-
como immense, far surprising anything
they have been in the past And this
is the wheel that will set all the other
industries going. 1t only remains for
Intelligent and patriotic legislation to
take all proper advantage of its rare
opportunity.