The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1878-04-10
aillsbasnagb 4stagosr
TOBACCO AND IT'S PRICE.
wEpsespar ..sArele ~ q s7ss

TOBACCO AND IT'S PRICE.
We have never seen as much detection
yansng iyIsleis = At the present time.
Prices q the lover grades Of tobacco do not
RAY expenses u. cultivation. Some qaali-
ries are wanted and pay well; but the de.
mSsaror fgcse igr0mpsrstisriy. limile.la aad..
the supply comparatively small by far
The largest proportion Of last years crop was
IL very interior grade, and tins Is
The great resource II the people Tor money
A combination of causes will account, Tor
the present depression. The want Of p SAT-
tcieley Of circulationis one; but that alone
would not act disastrously if it we're notfor
the check put upon business by The urfor-
tanate delays in settling the question Of
the tobacco tax. Neither buyers nor man
ofactarers feel sale in laying 10 stocks I'M
der the present,tax when change may pos
skibly be soon made, and the state Of uucer-
-tainty from present appearances seems aes,
tined to last, Perhdfs for months longer
and in the mean lime, the present distress
will continue aad be intensified. s8r.g
tsyHo apeoplc 20 much accustomed 10, and
dependent upon. the cultivation Of one sta
.,rle, il i 40 uHgracious task % give advice,
s,Yet,tbere is no question that tobacco 'eoL
rtareis overdonss Aeliysrin comparative
ignorance of,what other parts Of the world
affe doing ID missing tobacco. and fancy that
North Smer,css. being tie Birth pace 81 the
weed. isthe great centre Of Us Pro2annctioou.
sNssprodace 10 the Baiiel States about two
shsndred and ffts millions 7 Of pounds. Of
which the contribution Of North Usrolina is
from e..eyrn millions to sixteen millions.
But Asia produces ihEee, hundred aud eigh-
atty EIilIionss Europe about two hundred
and sixty millions, Northern Afriea fifty
millions. the West Iudies and South Anne
j. rica about a hundred millions more. The
-.lsIand. Of the Pacific and Australia add
their gaota, aud swell the sum total sos an
enormous amount. With al Of tbis, our
planters are brought into competition. In
D. some qualities We have 20 riyalshiP. There
-a, snothing on the face Of the earth ike The
= Nofth Carolina aud Virginia bright yeilDw
Nor IS there anything equal 70 tie chewing
tobacco f.the same region. But Ameri
.~ cans are the suly Chewing nation. aud th'
I demand for that grade is limited to tbeu
aud 20 the aafine service Of The ditferen
natiuus.
III With The exception Of the Cuba. the La
81 TAXA ami the Manila tobacco, the crops Q
e all she1est u tire world arssof low grsdes
and il is with the ia,nsuse quantity Of tia
s. class, dat our low grades come into eOuh:ci
il is not ibecefore surprising that price
.-,r rule IOx fur such grades. And angther be'
= cause has come INTO Play TO aaeet ihe yalu
of thik Glass. @Tb.h xOftwenty iou
cent. pound 90 god poor alike h'
... tursed The planter Of the South. who va
tie great consumer Of the eOnnODer brand
-e Ut manufactured tobacSo, 10 producing b
-a oxn supplies. This has had very m'rl
eli eIfe,t upon the market; aud even with
tsduction 81 the tax. there is danger III.
@ the new habit will be persisted in. Fig.
We porut out these facts. MT BY way !
advice. but 81 suggestion; because se Al
fally aware of an the difficulties 70 The va
Vi tie rartaiimeht Of production 10 . resit
= nov unfortunately only able to make OF
single crop upon which they rely &
profit.