Morning chronicle and commercial and shipping gazette, 7 octobre 1879, mardi 7 octobre 1879

[" COMMERCIAL AND SHIPPING GAZETTE VOL.XXXilL QUEBEC, TUESDAY.OCTOBER SC-* HORTfl BRITISH N«w Tost, Oct 6\u20148peN jw, tbvre is another very curious clr cumsUncu which 1 will venture to miotioo on ibis occasion, because i have heard It from sa high an authority ou the subject as cm be conceived, and tbst is the sudden cultivatioo years ago cf the extreme Western htstee ol tbe United Statee, which first, I think, alarm ed this country and drew its attention to it, and, no doubt, affected prices\u2014that In that country the production which waa extreme at the commencement has beeu reduced one-third, generally speaking, and in some provinces one-half, and that tbs chief pioneers who advanced so greatly tbe cultivation of tbe extreme Wesiorn States of the United SUtes have all sold, or to a great degree have sold, their farms, and have sold them, allow me to say, at $30 and $40 an acre, showing sa an essential tblog that there was a basis of rent included in tbe arrangement inseparable from tbe tenure.They have sold their farms and they are now repairing to tbe illlmltetie wilderness of Canada.You will ask me wbst is my inference ?My inference is prsctical one.It may not be an interesting one, It may not be a satisfactory one ; bat think you will, ca reflection, deem it a wise one\u2014that where you are, as far as foreign compétition is concerned, it la wise not to take\u2014I speak to the landlord and the occu pi r tqaally\u2014it is wise not to take preclpl tate steps.Bat take care that you do not conclude that that is permanent which Is only transitory, though upon that subject I give do opinion, because 1 think it would be presumptiod lo any one of us to give aoy op oloa ; bat still I feel convinced that where you have to deal with new circumstances tbst where you find them of so transitory nature that tbe very laud which four or five years ago, by its extraordinary produce of fifty buffiels an acre, affected the market In England and frightened ail those who are competent to tbluk, to ponder, and to form an opinion upon the subject, is wise, wneu you see circumstances so transitory tbst tbe very place of competition is doabtfal, end when you bear that Canada expects completely and saccessluily to beat the United States irom tbe European markets, it is wise f.r us not to Uke any precipitate steps.\" The above paragraph has caused much newspaper comment and a wide diver gence of opinion, some journals going so far as to bint that the Prime Minister has been imposed upon by bis high authority and that he has made himself ndicul.Otis in the eyes of the world.When we saw the statement first in the telegraphic despatches of some of our United States\u2019 oontemporaries, we must admit we thought that Lord Bjuoonsvisld has been wrongly reported and that words had been put into bis mouth which he had never uttered.The full text of the speech, however, reveals the faot that he did indulge in the visionary rhodomont-ade about which everybody in Canada and the United States Has been consum-edly laughing at for the last two or three weeks.Whether his Lordship has been hoaxed, or whether he has allowed his warm-colored imagination to ride away with his wits, remains to be seen.The rush of impulsive millions from tbe States into our North-West\u2014our \"illimitable wilderness\u201d\u2014also remains to be seen.Tbe name ot tbe \"high authority\u201d remains to be revealed, t he same reliable gentleman is referred to in this paragraph:\u2014 \"I hovo had an oppoitunlly lately of some conversation on this subject with cue who may probably be considered tbe highest liv-iog auihortiy on such matters, wh ch are almost as political, I may say, ss statistical, and he told me that he was quite perplexed, afur the deepest and most minute ioquiiy as to wbat would be tbe result to Canada of 200 mlliiODS of the acres of the wilderness being giadualiy brought into cultivation.He said be saw there were some who believed,and be shared that opinion, that, under all circumstances, the market of tbe United States would be destroyed ; but as regards Canada itself, he said, If tbe influx of population were to go oo a* it is going on now\u2014but that we cannot expect\u2014in consequence of these fertile acres being placed at tbetr disposal, be could not tell what might be tbe consequence.That population would demand itself, not only sustenance, but extravagant and extreme substance, as always happens In California when even money la make quickly; and for bis part, be would not be surprised, with the impulsive character of humanity iu the United titates, If that wilderness which now so alarms us Is uct soon occupied by consuming millions.Therefore, 1 say that It is not wise st this moment to attempt to take into précisa consid -ration tbe iafinence of those markets.'' Without lillii IlfllTHUli \u2014OF\u2014 NEW FALL GOODS ! GLOVER, FRY & CO.Dress Department,\u2014 Newest Textures and Shadss, Millinery Department,\u2014 Paris Be»vsr and Felt Hats, with every Novelty la Feathers, Flowers, Blbbons, Laces, ate.I CARDINAL Mantle Department,\u2014 Choice Novelties aad Trimtc logs In Bhapes Tailoring Department,\u2014 New.-st Coatlngi and Trouter« luge.Good Tweed Salta at $10.60.New Ulatere and Overcoats at Extremely Low Prices.Carpet Department,\u2014 New Patterns In Tapeatry Carpel*.67 cents and upwards ; Broeaeia Carp«ts, 90 cents and upwards.A Large Btcck of Plain Household Goode, Flannel*, Bankets, Cotton Bhlnlcgs* loeg Cloths, Table Damask acd Napkins, Llaan ar d Cotton SbeetlLge, Diapers, etc., etc.All of the beet dearrlptlan.5 Per Cent.Diacount for Cash t CLOVEN,FRY & Go September 20, 1879, mmm wire i NEW DKWIG-NS IN Ice-Pitchers, Ice-Buckets, Fruit and Cruet Stands, Tea and Tete-a-Tete Sets, Butter Coolers, Cruets, Trays \u2014A 1*80\u2014 l Sterling Silver Tea Set, near y new a.SEIFERT\u2019S KUIlOt*EA.N UAZA.A.14.IS, E\u2019ealor'lcru.® JQItx-oot.IS July 18, 1879.u.II St.John Street, Upper Town and Sous-le Fort Street» Lower Town, Importers ot and Dealers in SPORTING GOODS ! FIK,K ARMS JPISTOT^» \u2014 AND \u2014 GUN MATERIALS of every description, extra in English including something GUNPOWDER Chilled bhM, O.rtrldge Oases, Ac., Ac.A.CALL SOLICITED PRICESilN BUYER\u2019S FAVOUR September 10, 1879.ALL SIZES.SIMONS &F0ULDS, Fabrique Street.October 4.1879.MUSIC ILVLL.TUESDAY EVE»».Oot.V.GEO.FAWCETT ROWE In hla Original creation of WA.IEXON STRAY.In bis own Comic Drama, BXRLjAlSS ?\u2014SUPPORTED BY\u2014 E.A.McDowell\u2019s Company.WEDNESDAY EVENING»-, Eiisrca-AOEI3 ! ReserveJ Beats at Captain O &.Hollwsll\u2019s.October 7, 1879.\tsep26 ülULÜllO«Üf ÏArliMIP, T JOHN HUNTER, COPPERSMITH, BRISS-FOUNDER, PLUMBER, iC., 12, CUL-DE-SAC STREET.ALL DESCRIPTIONS OF COPPERSMITH-log for HLeamtx.aU and Factories, each ne Steam Plpea, Sng