Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-08-17
THEY'RE IN LUCK.
The Farmers of This Great
American Republic.
The Crops Of the Country Far Above
the Average,
While Those Abroad Have Been
Exceedingly Short.
THE CROP MOVEMENT TO EUROPE
HAS ALREADY BEGUN,
a
AND WILL NO DOUBT CONTINUE FOR
SOME MONTHS.

Heavy Rains in Kansas Assure the Safety
of the Crop and a Heavy Yield-The
Bright Prospects in the West Produces
n ACOrrespOndingIy Cheerful Feeling in
the East-Wen Have a Surplus Oi
Fully zoo, 900, 900 Bushels of Wheat.
WASHINGTON, Aug. H. Each days
information from the various sections OF
the country increases the already enor-
nous estimates of the crops To make
this the more significant, the news from
abroad indicates a greater and greater
shortage in the wheat crop. Recent re-
ports from the corn in the region of
which Kansas is the center showed that
ample rains had come at this turning
point in the growth of that crop, thus
assuring its safety and heavy yield.
This condition Of affairs is producing
very cheerful feeling among the bust
hess men in the eastern cities. All re-
ports received here upon this point agree
that the confidence is strong in early
and active fall business.
New York Business Men Happy.
A New York letter to the Philadel-
phia Press gives very clear expression to
this belief. II says:
"There has come a decidedly hopeful
feeling to the business men of this city
who keep themselves informed in regard
to business prospects. Some of them
have received within few days private
information respecting the western crops
which indicate that the harvest is not
only going to be much larger than was
expected, but probably the greatest ever
known in this country. Ex-Mayor
Grace, for instance, in speaking of the
matter, said that he had received very
extensive reports from the western coun-
try, in which assertions were made
which fairly astonished him. He was
prepared to hear that the indications of
q great harvest were being realized, but
the figures which were being presented
in these reports were simply colossal,
and showed that the year 1891 is likely
to make a record for American grain
crops.
"Other merchants and railway men
have received reports of similar ma
ture. The New York Central people
say that their correspondents declare
that the crops are so enormous that it
will tax to the utmost the resources of
the trunk lines to move it to market.
Jay Gould has sent here instructions
that every available car on the Union
Pacific system be got in readiness at
once, and that arrangements be made if
possible either to build, to hire, or to
borrow as many other cars as possible.
This information, of course. has caused
something of q change of feeling ON the
part of business men, so that now they
are not only looking forward to early
prosperity in the fall, but to a perman-
ent increase in prosperity. Railroad men
tell me that it looks as though new roads
would be built and the demand for iron
and steel rails be greatly increased at q
very early day.
Politically these indications of pros
perity are of considerable Importance.
One of the ablest Democratic politicians
were realized, and he be-
would be felt at the beginning Of the
most materially aid the Republican
party, He did not see how 1t was posi-
Bile for the Democrats to make canvass
suCCebSlully dSdLllSu Ou duHAlulStidJlOh
under which such great prosperity as he
believes is sure to come within few
months is developed
''Some of the fnanciers think that
with the advent of good times the an
tagonisn of some Of the farmers will be
dissipated, and the agitation of free
coinage of silver will be forgotten.
"All of the railway managers declare
that there will be an enormous export of
grain to Europe, and they seem to have
mad information from the other side
which confirms the report of great
shortage in the grain crop there. Finan-
ciers are talking about the effect upon
the market. Some of them assert that
while Europe must have our grain it has
little cash to pay for it, and. therefore,
will send back in payment of the debt
great quantities of our securities, gilt
edged and frayed-edged ones alike.
"What the effect of this would be up
on our market, of course, is matter of
Some of the fnanciers think
that it will tend to neutralize to some
extent the beneficial results that the
of a great crop would produce.
Others declare that the prosperity which
every one believes is sure to come will
be sufficient to sustain the prices of these
even if they are sent over here
to pay for the exports of grain.
''It il quite a decided change in the
feeling Of those who have to do with
business affairs which has come over
them within the past week. There is no
longer dependency, but In its place
much of hope, and, although there may
be possibly a brief stringency in the
money market when the demand is at
its height for money with which to move !
the crops, yet no serious trouble is ap-
on that score"
the Prevailing Sentiment.
This agrees with all information re-
ceived here from New York, and un-
doubtedly reflects the prevailing senti- |
ment there among the heaviest oper-
ators.
MORE AND MORE UNFAVoRABLE. |
The Reports Which Come from Other
Great GraIn-ProducIng Countries.
To give greater significance TO this
promise Of unusual abundance in all
portions of our land, the reports from
other great grain-producing countries
continue TO grow more unfavorable. .
Within q day or two 1t has become
known that the Russian government has
been obliged to forbid the expectation
Of rye. Such a shortage in one grain