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Herald of Freedom and Torch Light, Sept 1862 (1-7D Other news: Agricultural)

Herald of Freedom and Torch Light, Hagerstown, Md., September 1862, page 1 Click on the MEDIA ITEMS below for more information



As we are now reasonably sure of a large surplus of breadstuffs in this country an important question is, whether our surplus will find a foreign market. The editor of the American Agriculture has just returned from a trip through Great Britain, France, parts of Germany and Belgium, and reports:

I found the wheat harvest in progress on the Continent. From what I saw and from the statement of many farmers, I judge the yield to be below the average. The large area will in part make up the deficiency, but not wholly. In Great Britain the weather continued very wet up to the 24th of July, when a change occurred, and from that up to the 4th of August the wheat Crop continued to improve rapidly. But at the best the damage to the growth by the wet weather all through the early summer cannot be repaired. It is morally certain, therefore, that Great Britain will require a considerable amount of breadstuffs from abroad. Much of this could probably be obtained from the Continent at some figure, but not at the prices for which it can be furnished by the United States. My present opinion is that our own surplus grain (unless unprecedentedly late) will mostly be taken at prices which will yield— fair remuneration to American farmers; but very high prices can hardly be looked for. The present premium on gold is decidedly advantaged to the American grain markets. A gold “sovereign” counts at $5 50 in the purchase of grain in America; in Russia and Central Europe it counts only as $4 75 or $4 80.


Herald of Freedom and Torch Light

Maryland Historical Society

Sept 10-24, 1862

Collection Location:
Maryland Historical Society

Antietam, Battle of, Md., 1862; Maryland Campaign, 1862; Hagerstown (Md.)--Newspapers.

Washington County, MD. September 1862

Western Maryland Regional Library
100 South Potomac Street
Hagerstown, Maryland 21740

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