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212 



THE ILLINOIS FARMER. 



year — if not worse. Hogs will bring this 

 fall six cents per pound — at these prices 

 they will sell all they have — and the next 

 year will see the same state of things that 

 we do now I We make this prophecy — and 

 we base our judgment on the fact that but 

 few people learn anything by experience — 

 not enough to change the general result; 

 but those who do, "will put money in their 

 purses." 



-<•»' 



Be Cautions in Time! 



There is abundant evidence, that while 

 foreign demand is lessening for our agricul- 

 tural productions, the importation of foreign 

 goods is increasing. What is to be the 

 result? We know that when a family bu ys 

 more than they sell; — when they purchase a 

 thousand dollars worth of goods in a year 

 and sell but five hundred dollars' worth, 

 they are in a bad way, They must have 

 money on hand to the amount of five hundred 

 dollars to pay over, or they are v«ry likely 

 to suffer serious distress and have to give 

 up their stock or farm to their creditors. 

 Loss must result in this case: — if we do not 

 sell as much abroad as we purchase abroad, 

 the nation must be growing poor, and 

 though we may have the cash to pay the 

 balance against us, yet the paying out of 

 this cash and sending it out of the country 

 will be very likely to produce commercial 

 distress and hard times, which may be felt 

 even in the Par West. 



The New York Journal of Commerce 

 presents the following statement: 



"The imports of foreign produce and mer- 

 chandise at the port of New York, for the 

 month of July, are larger than were ever 

 before landed at any port in the United 

 States during a single mouth. The total 

 value landed during the month was $10,- 

 083,874 larger than for July of last year; 

 '$19,491,259 larger than for July, 1865; 

 and $15,571,856 larger than for July, 1854. 



The quantity thrown upon the market 

 was still greater, as it included $10,470,820 

 withdrawn from warehouses, while only 

 $6,796,835, were entered for warehousing. 

 Thus the total on which duties were paid 

 was $36,613,668, and to this may be added 

 the free goods, making $38,968,898 of mer- 



chandise thrown upen the market. The 

 value of foreign goods entered at this port 

 during the first seven months of the cur- 

 rent year is $22,711,393, in excess of the 

 corresponding total for 1856, $72,413,257 

 greater than for the same period of 1855, 

 and $41,687,908 greater than for the same 

 period of 1854. The cash duties paid in 

 July amounted to $6,987,019, against $5,- 

 441,544 in July of last year. 



The total foreign exports from New York 

 since January 1st, exclusive of specie, is 

 $3,178,176 less than for the corresponding 

 seven months of last year, but $7^137,699 

 greater than for the same period of 1855, 

 and $5,257,673 greater than for the same 

 period of 1854. The specie exported during 

 the last seven months amounted to $26,026,- 

 439 against $19,501,927 for the same time 

 last year. 



We must exercise caution in time. This 

 policy of the country, long pursued, will 

 produce hard times. This cannot be doubt- 

 ed. We have money yet to pay our 

 foreign debts, but this will not last always. 

 The sending of money away will make it 

 scarce at home. A great demand of money 

 by importers, is felt by jobbers, then by 

 the retail merchant and then by the con- 

 sumer. All we wish to say is — be cautious. 

 Buy only what you need. Pay your debts 

 as fast as you can. And be especially 

 careful about promising to pay for wild 

 land when you have more now than you 

 can properly cultivate . Better by far ex- 

 pend your labor on your present farm, 

 making ic yield double its present amount, 

 than to half cultivate and get half crops 

 from twice as much land. We repeat, buy 

 only what you need and pay for it. Paying 

 time must come. The merchant must pay, 

 and you must pay him. There is no dodg- 

 ing in either case. 



-«•►- 



A New Seed Drill on a New Principle. — 

 We have often thought that, at the present 

 time, there was more mechanical genius en- 

 gaged in inventing, perfecting and nianafactar> 

 ing agricultural machinery, than was likely to 

 receive its proper reward. We are often sur- 

 prised and astonished at new inventions of 

 agricultural machines. Scarcely a week passes 

 that there is not some new machine presented 

 for the patronags of farmers. 



One of the new machines is called " Em>> 



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