Loss of Southern trade by the Northwest.
--The St. Louis
Republican, alluding to the loss of Southern trade by the
Western States of the
Rump Government, says:
‘
See what awfully desolating results have followed the cessation of that commerce.--The Western States of
Europe are trembling under, it. Our own North, momentarily benefitted by a demand for army supplies, does not feel it as it will by and by But survey the
West, with no choice of an outlet to
Europe, save through New York — its products at half their former price, and all its purchases at double that price.
In fact, the farmer of the
West can scarcely raise produce at current prices.
The gross yield of his farm would not pay the wages of the hands necessary to raise it. No part of the
United States is more afflicted by the cessation of the
Southern trade.
Men now see the fallacy of all those theories that belittled Southern industry, and the importance of southern commerce with it; to the rest of the
United States.
Let us give some credit to the men who, while sustaining a system which, though legal, has been held up to unsparing odium, have made that system productive of so many and great benefits that the withdrawal of them has sent fear and trembling through the nations.
’