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we have here the real cause of the reduced
our exports The limited wants Of foreign natiens
our productscoon exceped-creates but very trning
draught on our rmmense supplies. The absence OF large
markets to take away products fast they accu
mulate has no effect the quantity produced but has


very serious effect prices reducing them to the very
lowest point, and forcing stocks abroad on specua


on, at ruinous prices During years Of great specua


ton heretofore when cur mportations very heavy
prices for our agricultural products ruled very hgh and
heproducers enabled to into the market with
the means purchase largely the manufactures we were
importing. The consumers Of our imports were compa.
iaus1iy mn, what ,ney moment. The low
prices paid for our agricultural products will compel the
producers to live within themselves, and the de-
mand for imported merchandise must be very greatly
restricted to what would be- farmers receiy
ing great prices for their crops An attempt to import
heavily for future in the face Of the present prices
our own staples will most assuredly be attended with
aero osg