The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1888-08-30
The Rise In Wheat.

this market, and on Saturday it sold for
95 cents. The quotation three DAYS brfore
was So to SIS. The market WAS strong at
that price. and We expressed the belief that
it would hold firm and probably advance,
but we were not exactly prepared for the
bound upwards to the reighhorhooG Of Il
dollar We have no doubt. looking at the
causes. that an advance may be looked fer
and a strong market al the advanced price.
The shortage in this wears crnp is esti-
mated at from so coo 600 to co coo 0O0
bushels. The amount held over rem last
year is not as large AS il was tile year pre-
vious. The home demand by natural In
crease of population. is greater than it
was then. The cropin R0nmania is below
the average. while in Russia there is 2
good yield Rut reports force the con-
clusion that the general European crop
will be the worst during the past fifty
years. The potato crop of Ireland and
England is practical failure, and the rye
crop of Germany is far below the average.
1t is from this source that the poorer
classes, when flour is scarce and high. re-
eeiye their bread and Its substitute. With
these resources diminished and large de-
mand upon restr' cted supply of wheat,
the effect must necessarily be higher
prices. and more or less suffering among
those who are strained to command the
cheapest class of food.
The further fact of the unsettled condi-
tion of European alfairs-the attrtion
between Russian and G erman relations
the watchful condition in which Austria,
| Italy and France stand. each armed to the
| teeth, supporting an increased army, and
consequently driving labor from the pro.
| ductiye avenues Of industry, and ready at
any time to aggravate the present sensitive
peace relations which on tile surface exist
conspire to present causes affecting the
market for breadstuff,s and justify the
conclusion that not only will the present
advance lie maintained, but that even
stronger prices may be re .liZed.
We adduce the conditions which in
cline Us to this opinion, but it is by lit
means an inexqrabie result that must fol
low such as We have conjectqred. VIZ
woaa not have any one to be guided by
what we may think. We present The
facts as they now appear. and each holder
of grain must be his own judge. Wheat
may go up or it may go down. No ont
can. with mathematical precision, tell
| tbinn ~ no OF t,,o taiu vol
the present rise is net the result of specu
lation. Indeed. 1t has been looked for b,
almost every one who has been close OBJ
server of the developing facts, and conse
quently is not a source of surprise Il
them, We have been careful to say al
little about the wheat market as possible
for six months past, and to keep out Of ou
Columns confusing statements and upin
ions, leaving the legitimate transaction;
of EACH week to speak for themselves. VIZ
know low important it is for our farmers
to have nothing but solid facts, to be for
tilted, i'll their own minds, against the IF
feet of speculative returns, aid the passing
opinions Of tie daily reporters. We coult
have filed our columns with such and oul
readers would have been no wiser aftel
reading them than before. but more IN
easy. AT this time we think the stua
ton will justify the remarks We hay,
made, and give to those most interested
the facts upon which to base conclusions
HARP ON Mis. Y0Sr.
staunton Republicans E'ass Resolution
/ OF lie seserese eettsure.
Especial teiegl ag4 to the Dispatch
sTAUSToN, VA, August 27.-~Tbe Republican
OF the city OF tsunton met in convention -at
del. gates to the Lexington District Conven
LiGn 10 nominate candidate tor Congress
The meeting adjourned until Tonight, wine,
it reconYened and ELECTED the following dele
gates and and alternates Charles Curry
n. Reed, Nike Crogban and Hugh Murry; Al
lerpates, s. Brown Allen and H W Williams
The fol blowing resolutions we're adopted
"ResotpeG That We approve Of tho action o
Jacob 4osJ, as or represei tallye in Congress
| IN so Tar as his congressional record goes, bu
We regret The stand he has taken against tn
political OF ganlzation of our state, giving com
tort To Inc enemy and conLribstt ting largely [,
our legislative defeat III The iast state cam
paign regret that ne saw lit 10 bolt GU
| County Convention to elect delegates To GU
last Stale convention: to bolt our district con
Yentlon Aeld at Petersburg; to bolt our stat
convention held at The same place aud join Tn
IL
appeared before our National Conventlou d
tnicago in advocacy OF the admission of dele
gates thereto whom he ought have known
represe nted bEt a very small minority faction
oI our party, and We furthermore sincerely re
greet The large opposition to his denomination
Tor Congress In this his OWN county anu CITY,"
In this community where all the fact
are known, it would not be necessary t,
make reference to the above misstatemen
ct facts But as false impression wher
the facts aFe not known may be created w
Simply call attention. to the report of th
proceedings Of the regularly called mas
convention and the meeting OF the sece
ders, published elsewhere. There was
in the latter meeting. as We are in
: formed. about Is of them Republican vo
tiers of the city The others were eithe
Democrats, or not entitled to vote in th
, city. The regular meeting was compose
!, of 100 to 125 Republican voters of the Cit
and sent regular Republican delegates.
sufficient respons 10 the whole state
inent iS the result of the election of dele
gates in the county. That speaks for it
self and is an endorsement given Mr.. los
seldom eyer accorded to a public maj
Where contest was instituted for dele
gates.
We have no disposition to comment Of
the D,spdtch's communication. 1t wa
not designed for the good of the par
ty or to represent public sentiment
We leave it for our readers to consider an,
pass upon.
1t was an interesting, yet not very at
tractive incident. that last week there Hon
A. G. Thurman, Democratic candidate TO
Vice President, was declaring free trad
doctrine to the farmers of Michigan, AL,
commencing the Bill while the putativ
father OF that Mills bill, Hon. Roger @
Mills, was ycciferating to the wage Garner
and manufacturers of New Jersey, that TIL,
Mills bill was protective measure. 1t i
something like the canyass in 1914 whel
in the South it was Polk, Dallas. Texas
and Free Trade and Sailors Rights. All
in the North, Polk, Dallas and tie tarit
of '42-a protective measure.
70 catch votes, the Democracy sets it