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Show un: ntiti: of hiii'it. Theipectnclo of agrtat nation com. lalnlng because of the bulklnusa of Its breadstuff supply la only equaled by that other one that the eamu nation Is In possession of lamentation! deep and dlrebtcaureof having inch a generous share ot one of the preilous mutals of the worldl The quietlons at how to dlsjo.e of the former and how to cur-tall cur-tall tho va uo ant circulation of the latter have worried cur statismiu, financiers nnd political iconomlata not n little, and the more they higgle with the situation the leu rcgne they aieiu to make. In some arti of the Jfoiltiest they have resorted to the praotlcal solution of burning their ooru for fuel; juit think of this nnd then think of human tilings lu different jartiot tho earth actually starving! If the ellorls of whuat-Jobbrn nnd silver luggli ra aro a rei roach to Providence, what can the destruction of that which has the qunllt) of appealing his gorandaavlug Ilfelticlf bncullei? The Chicago JliruUlot a recent (lite contained the following paragraph: Tho gnecrnmont report March 10 Is exp.Hte.1 tuilltitointotlio uorht aulhorl la ncly Ihe rtn.nn for Ihu re.oite ittou. l.htug wheat accumulation In Ainerl a; Hint the BimnlmliliiBly Urge M-lblo la re illy troi by an H-tonUhiugU smull itrm reserve, nun ui luo.uOJ.oud lens llisn laal earV and almost iliu siiuill eat en record, 'the Miirch guvirnimn. roort la rtally Ihe ihlif bull reilmew. It lua result lu hlseomple odUeuui-IHure. odUeuui-IHure. lint It W not likely Hint the surlciilturat huriau villi gu bailc nn I luirca.o Its crop )Hld ngure. lntdoea not do tlml, Hun UN Inevitable Hut It muvt anuouncu au uuusually siuall farm rokorvo Tho United Rtales produefs annually annu-ally about twice as muih wheat as It neids for home con umptloii nnd of couroiuihava"tturrlucnnuotnllllnd storage, Ilcsldes, It Is one of our ihlel eXiort8 and thus tiecomesa source of revenue from abroad. Iu this mattir we have no equal and steady com petitor llji.lt mliht be but for it-Instability, it-Instability, not iroduclog ncough aome teasons to keen atarvillou away from Its own people's doors, while India, though more reliable, is mum farther away, llraililrctt't shows that the yield of the former thla year will not bo heavy but that ol India will be qulto abundant, and the Argentine Itojubllc which la about now In the midst of Us harvest time-Is time-Is to bo a very free shipper, and alto gather the vlilble supply, while not equal to whit It has been, la I ro-uouueej ro-uouueej ample. Tho tfljrtv of those who seek to "bull" tbu market that Is, to rale e the rices by showing that there la a great falling off lu the sup-pi, sup-pi, are thus not likely to succeed. "If there Is any other resent or (lospeo live bullish factor In tho wheit trade asldo from ravages of worms or effects of tho weather," tayi the paper quoted, quot-ed, "It Is not easily perceived. Avail, atiloauppllca here nnd abroad, based on the ralu ol couiumillou, aru apparently ap-parently ample; growing crop conditions condi-tions abroad are In the main not unfavorable, un-favorable, au I the outlook dees not favor heavily Increased ei oris from the United H.atea, so that, unlets wo find fanners' whint-blm very low Indeed much lower tbin ever before there opj-ears to bo no trlcn lever In sight." There, la another cause, however, for tho low pilco of wheat Usl lei Its abundance, ai hii been revlously olnted out In these columns, and that Is the Ion plica of sliver. There seems to te au affinity between the two products, for ceitalir It Is that when conditions cenerally ire normal the two rise and fall together to nearly equal as to Indicate iynrathy; the movement either way Is gaugid to almost tbermomelrla precision. |
