THE FOREIGN COMMERCIAL NEWS.
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Every successive arrival from Europe indicates
more and more clearly the immense gain, which IS to
result to the business of the country from the repeal
Of Odious and oppressive tariff Of lS42, There
is great demand in England and on the continent
for our agricultural staples. The last commercial
intelligence, as we give it in another column, shows
that this demand is increasing. As consequence,
freights and prices here at once go up. Why Is
thisi There have been poor crops, and failures Of
crops before in England and Ireland, and on the
continent, and these have generally hitherto pro-
duced comparatively but slight effects upon Ameri-
can prices. But nov the American grain. market
instantly feels the beneficial influence Of the Eng
lish demand.


The explanation Of this Is obvious. Both Eng
land and the United States have taken off the egis
laye restrictions upon their tGaGe, and thus foreign
nations are enabled To become our customers in the
food market. They sending Us orders for gram
and provisions, because their own croPs-especlaly
the potato crop-have failed, and they see that un-
der the tariff Of 1896 we receive their manutac-
lures in payment


The wealth thus gained to our immense ogricul-
tural population throughout the land, by the IN
creased price of the products Of the soil, can be es-
mated only in millions Of dollars. Every man who
raises bushel Of wheat, rye, corn, has reason
to be thankful for the tariff Of l546 and for the de-
cided Improvement in the foreign market.


How strikingly does this state Of things rsfule
the whig pre,snce that the home market IL, and must
be- with us the regulator Of prices and the absorb
ent Of our agricultural surplus How often has it
been proved that any home market whi can
be created in this country, 10y the manufac-
mrors alone,) must b. always aud altogeth-
er inadequate to consume even tlhe of our
teeming agricultural productons' Yet in the face
Of this and in the face Of the ic hat any increased
demand for provisions at Liverpool or London at
once raises the price of such articles in our own sea-
ports--the same parrot cry of the 'honc market"
kept up. But the peo pie may be securely relied on
to see the truth as it is.