New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-10
THE Crops Ar HOME IND ABRo4D.

rains in England, France ana spain, anu lhe
drought, hail and grasshoppers in Russia, seem
10 be fighting against the repudlators IN the
United States. 1t is not an extravaganza to
say that the recent news from Europe may
have an important effect upon the political
and industrial future Of this country. Year
after year, Providence has blessed tins lana
with bOuntful crops, and each year the foreign
demand has been so swclCd, by wars or by
failure of crops abroad, that the American
producer has found a market for ms surplus.
This year. the adyIces from the West thus Tar
nronIse rs large Il surplus of wheat as was
realized from the unprecedented yield ol 1878.
Some anxiety has been felt, not unnatuiaiiy,
lest the foreign markets should be unprepared
TO take so large a surplus second year I'D
succession, and many have anticipated serious
disaster in consequence OF the excess ol our
riches. But the news from abroad indicates
chat, however large our surplus may prove
Europe will probably want it all.
According to these adviccS the prospect IN
England, France, Germany, Spain, Itaiy ana
Hungary is exceedingly unfavorable, on ac-
count of the unpropitious weather. The crops
are late in Development and the gram mas
been swampcd Ivy water or choked ny weeds
70 such an extent that it is thought " nothing
"short of a miracle can give Europe abundant
"'baryosts this season. Remembering that
EuroDe. even with abundant harvests, requires
from this country many million bushels OF
wheat, and that the deficiency IN nome supply
seems TO be steadily increasing, even Wheh
the Weld is excellent, because continued low
prices and failure to realize profits pave leu
thousands of farmers to abandon the cultlya-
lion of wheat. we may readily INFER that the
quantity to be required, if the crops turn out
badly in so many countries at once, VIII De
very large. According to Odessa adylces the
condition of the crops in Southern Russia has
hardly ever been as bad rs ut present. 1t Is
asserted that, in the neighborhood OF Odessa
and in the Governments OF Bessarab a, hhersOn,
Poltava, Ekaterinosav, Baku, l1tilS, StaVl0-
pol and Katas, "the gram which was left by
drought and hail is now being annihiiated
"by frightlul swarms of grasShoppers and
corn-beetles." In Italy the injury to crops
anpears 70 be mainly in the northern portion,
but the deficiency in France Is expected to be
unprecedented, and the weather reports III
Great Britain continue most uniavonble.
If these accounts are even approximately
correct, the demand upon this country Will be
far greater than il ever has been. IL is
worth noting that late cable dispatches
mention as reason for the comparative
steadiness of prices in Mark Lane, Che general
reliance upon supplies from America. From Sep
TENDER ], 1873, to June %, 1879, the exports o.
wheat from this city, Baltimore, Philadelphia
and Boston amounted to S3,G43, S5l bushels,
of which 46,477.000 went to the Continent
and 37,1OO, 900 to Great Britain and the ex-
ports of -four from the same ports amounted
to 4.4561G5 barrels. About 105,OOO,OOO
bushels OF wheat, against u, 900 600 bushels
during the previous year, have gone abroad
from these ports alone, and the exports nom
the Pacific Coast have also been large. The
official returns show that the quantity eX-
ported during the ten months ending April
80 was 1O1, SS9,321 bushels of wheat and
4,713.74S barrels Of flour, in all about 1885,
45SO61 bushels, and the exports in May and
June have been remarkably large, amounting
for the seven Atlantic ports alone to 1861
997 bushels and Cos, 400 barrels. Thus the
known exports within twelve months have
been about 14S, S55.35S bushels of wheat
besides the quantity exported within the past
two months from the Pacific Coast and the
minor Atlantic ports. But the prospect Is
that a still larger supply will be required
from us during the next twelve months, for
the condition of foreign crops is more an
favorable than it was at this date last year,
aud the stores abroad are much more nearly
exhausted.
The financial and industrial effect of another
season of bountiful crops and enormous for
eign demand can hardly be Overestmated.
1t will be felt in every branch of trade and
manufactures, and will stimulate to renewed
efforts the great army of producers who have
recently taken new farms in the Far West.
Debts by the thousand will be paid. Fami-
lies by the hundred thousand will be cncour-
aged TO more liberal purchases of the pro-
ducts of our factories. Working men and
women by the million will feel the effect IN
better employment and improved circum-
stances. But the political effect VIII be not
less salutary. The reaction against the sound
and honest policy of the Republican party has
been due, III large measure, to the prostitution
Of industry and trade. When men are out OF
EMPLOYMENT when business suffers, there are
thousands in every State who blame the Coy
eminent. At such time heresieS of the
widest kind spread like a prairie fire, and
reckless demagOgues find hearers and follow.
crs. The Greenback fever has been mainly a
product of the hard tines The spirit of re-
pudiation begins to fade wherever industry
and business are more prosperous. II we have
another season of splendid crops and eager
markets, there will be a startling revolution
in public opinion, in those very States where
Democratic and Grcenback heresics have had
most power. 1t is quite within the range OF
possibilities that the bad weather and the
grasshoppers in Europe, and the favoring
weather and bountitul crops III this country,
,.,,,, boye a decisive Influence mon the next