West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1895-05-16


she leadsth. "
Another argument, or what is in
tended for argument, Is that the
foreign market Is SO inaccessible.
and so fdr dvay. Why, some peo.
ple-I am sorry TO say many peo.
pie-seem to think that the foreign
market Is IN some remote corner Of
the earth, where 1T can only be
reached by the utmost excrtion. and
found with the greatest difficulty.
Aud therefore, they conclude that
any man or party, that would try
to destroy the home market. and
compel the people Of this
country TO go out in search of
the Jore'gn mdrhet-perhaps IN the
moon-and carry their products
along with them, aud maybe perish
ia the effort to find it, ought to be
branded as enemies OF their country
and be banished beyond the bounds
OF flaming space, where angels
tremble while they gaze"
This is a very favorable time to
investigate the "home market prob
lem" Tho tariff and the home
market, are now both in full oper-
alton. BY the unwise management
Of our commercial relations, AS we'll
as iinauclal, the farmer has the full
benefit OF the home market, and is
able to sell his wheat at ffty cents
a d"SdeL, aud the planter his cotton
at cents II pound. The Joretqat
market doeS seem difficult to find
just now. Our unwise legislation
for years, has at last succeeded in
breaking it down pretty effectually,
81 wheat as. 80 cent wheaL. This
charge, or assumption, that those
who favor tariff reform and tariff
reduction are enemies to the homie
market, Is as groundless as it is
foolish. But it may be said that
while no one directly desires to in
jure or destroy the homie market.
the policy MeY atOOcate, will operate
It's ruin-neither is this position
tenablc. What is the homo mar
ket? 1t is the demand Of our own
people for what they can consume,
or rather what they can afford to
purchase Of our domestic produc-
tions of every character-o manu-
factured goods, and farm aud dairy
products, and fuel. This embraces
nearly the whole catalogue Of mans
wants.
The home market is made UP Of
two indispensable elemonts-supply
and demand. Two classes must be
brought together to constitute a
market-those who want to- BUY,
and have ability to buy, and those
who desire to cell, and have the
ability to sell; that is have more
than they nood themselves, Of what
others want, and desire to buy.
In ordinary language. u market is
some times spoken Of as the place
where commodities may be bought
an d sold, or exchanged; bat IN ITS
true and active sense, it means the
act Of sale, or exchange-and there
fore its effects are not local, but
general. It IS the demand that
creates it; it IS the supply that salts
fios it; it is the joint results of both
that regulates and controls it..
Sometimes men go TO the market
sometimes the market comes to
them. A man frequently meets
with his market on the highway.
1t often comes into his field, his
orchard, his stable and his dairy
aud sometimes into his forests and
his mines. We are apt to associate
th9 idea Of "trayeling" Will mar
kot; "going to market" hunting
market" The market as fre.
quently hunts the seller-the de-
Diand, Che vaat, goes cut-malSes
itself known and fclt, and the sup.
ply, II it exists, readily responds.
These forces acting reciprocally
upon each other, constitute the in
tornal trade or doBtaRd oi country.
As 1 have intimatod, the markets
Of a country are really not localized A.,
but exist everywhere, all over the
country. Demand - want - does
not take any notice Of the locality
Or section whence It's surplus Is to
come. It only seeks the commo-
dity; II wants sack Of -four, a
pound Of butter, a dozen Of eggs,