The New schedule of prices for wheat.
The voice of the press and of the public seems to be unanimous against this schedule.
It does not even satisfy the farmers, although they are to get thirty dollars a bushel from the Government
for it.--The farmers cannot but see that the act of placing such a price upon wheat makes the currency in which it is paid worse than nothing.
They know what a bushel of wheat is, and what it is worth, measured by the standard of labor.
They have been, always, in the habit of paying for reapers the current price of one bushel of wheat per diem.
When they are told that in the money they are to receive, a reaper's day's work cannot be fairly paid for with less than thirty dollars, what opinions will they form of it?
It is principally because it undoes all the labor of the last Congress, and degrades the currency, which that Congress took so much pains to improve, that we object to this schedule.
It is framed precisely as though no such laws as those of the last session had ever been passed — precisely as though we were still under the pressure of Mr. Memminger
's paper mill, and liable to a deluge of treasury notes to the tune of hundreds of millions every hour of the day. It plays into the hands of speculators, and those interested in depreciating the currency, and it renders utterly nugatory all the laws of the last session, and this too at a time when money is extremely scarce from the enormous amount withdrawn from circulation.
We learn from a contemporary that the Governor
is using every exertion to call the attention of the President
to this state of the case.
We trust that he may succeed, and that a meeting of the commissioners may be immediately called to rectify their terrible mistake.
That they meant well, no body doubts; but they have blundered fearfully, and fearful may be the consequences, unless they be arrested in mid career.