This historic book may have numerous typos and missing text.
Purchasers can download a free scanned copy of the original book
(without typos) from the publisher. Not indexed. Not illustrated.
1859 Excerpt: ...production of the soil, at the lowest minimum
price of production. And if it was not for the foreign demand,
prices would become entirely nominal--produce would either rot in
the granaries of the country, or, what is still more probable, the
process of production would cease altogether. Who does not see the
wide-spread ruin which would desolate the land? From an extract
taken from a merchant's books in Philadelphia, claiming and
receiving unqualified confidence, flour and wheat commanded a much
higher price in 1771, '2, '3, than now; wheat then sold for one
dollar the bushel, and flour for seven dollars the barrel; and yet
we are continually told of the great importance of the home market
created by the tariff. The corn planter and wheat grower understand
their interests in this respect somewhat better than they are
supposed to do, and so do the manufacturers of flour. They look
abroad for their important markets. The corn trade to South America
is carried on to a great extent. The millers in Richmond find, in
that country, an extensive, and, I have no doubt, a profitable
market for breadstuffs; and shipments are actively carried on in
the same direction from au parts of the United States. My honorable
friend from Massachusetts, who sits before me, (Mr. Silsbke, ) a
few years ago, inquired of me as to the prospect of procuring a
cargo of flour at Richmond, which he was desirous of ship ato South
America. The trade to Eng, notwithstanding her corn laws, is
extensively carried on. When the ports are occluded, the flour
shipped thither is placed in bond, and is sent to the different
markets of Europe, as they respectively hold out the prospect of
commercial advantage. Exchanges are thus beneficially made for
British fabrics. Canada also opens an extensive marke...
|Country of origin:
The Author of the Thirty Years' View
||246 x 189 x 38mm (L x W x T)
||Paperback - Trade
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