Evening journal., 1897-08-06
FRIDAY. AUGUST 8. 1897.
We Will FEEp ME woRLD.

WE w WOIlLD.
Politicians may talk of business de-
preston and prosperity and devise all
sorts of excuses for the former and
schemes for the bringing about OF the
latter, but the fact is, mother earth
pulls the wires that govern these di-
verse matters which mean so much to
her tenants. All arrangements fall be-
fore the agricultural prospects Of a
country. II the soil yields quantities of
valuable subsistencies of life the sue
cessful crops will make the land where
they are raised prosperous; II they fail,
depression will follow The fact that It
is now assured that there will be big
grain crops In the United States and
short ones in nearly every other grain
growing countryof mportanceth through
out the world this year, forms a sub
stantial basis for prosperous times that
is surc TO be felt in every section Of
the country The foreigners need our
grain. We will have it to spare, but
the foreigners will have to pay for It.
The competition in the worlds markets
Of wheat from Russia, Argentine, India
and Australia, our most prominent
wheat-growing rivals, will be dimin-
ished OF absent, for the wheat crops OF
all of these countries, except India are
short From the various European
countries, headed by England, orders
for our wheat have already begun to
come In enormous volume.
Cash grain prices have been corre-
spondingly higher, and the purchases
by the foreigners have shown their ur-
gency by being made on an advancing
market. All this means much to the
American farmer and to the railroads
and to business in general. The far
mer is able easily to sell his wheat at
big advance over the prices ruling a
year ago. He will have money to
spend. The railroads will have their
share of the good times, for to them in
great measure falls the work OF moving
the crops. For all this the foreigners
will pay the freight
OF the two great divisions OF the
~ WAtdl |NlOU Vi ln0 0nlAiA 0AdNIHt wiz
ter and Spring, tho Winter wheat has
already been practically harvested and
all the reports agree as to its excel |
lence in quantity and quality. The
threshing returns generally exceeded
expectations. The advices in regard to
Spring wheat prospects have been good
and another great wheat outturn is eX-
pected to be added to the volume Of
Winter wheat already gathered. These
expectations, reduced tofigures, are about
as follows, the calculations being based
on the statistics of the government crop
report Of July 10: Winter wheat 269
$4,000 bushels, against a crop OF 264,-
900 bushels last year; Spring wheat,
1879, ,9O2, 900 bushels, against 63,345,O 600
last year; grand total, 459, ,427 900 bush
els against 4276s4,OOO last year.
After reviewing the good crop pros
poets for this country it is proper to
turn to the prospects in other eoun-
tries. The advices nearly all tell tale
OF damage and shortage. In Russia
drought first and wet weather after
ward did great injury to the southern
provinces. In Australia drought also
made inroads in the crops, and in Ar
gentine locusts helped to cut down the
harvest. 1t has been estimated by vari-
Gus experts that the European coun-
tries will this year have to import any
where from 10O,OOO,OOO to 100000, 600
bushels of wheat, and everything indi-
Gates that it is from this country main
ly that they must secure such an
amount. The Liverpool Corn Trade
News, in a recent issue summing up the
situation of the crops in Europe, esti-
mated the average crop of the United
Kingdom at twenty-nine bushels to the
acre, compared with last years harvest
OF thirty-three and two-thirds bushels
Storms have done considerable dam
age to the crops in all parts of France
and Lc Fermier gives the probable de-
felt in the wheat yield of that country
as 56,OOO,0OO bushels. Latest report:
from Roumania confirm the wors
statements as to the damage done 10y
rain and floods to the crops. In Ger
many a two-day storm all over thu
southern part Of the country did seriou
damage. The latest official report il
regard to the Hungarian crops esti
mates the total yield of wheat at 20,
200, 900 bushels less than last year.
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