Old Mackinaw; Or, The Fortress of the Lakes and its SurroundingsStrickland, W. P. (William Peter)
History
Old Mackinaw; Or, The Fortress of the Lakes and its Surroundings
Strickland, W. P. (William Peter)
Great Lakes (North America); Mackinac Island (Mich. : Island) -- History; Michigan -- History
The Detroit mills manufacture excellent flour, and it is to be
regretted that they are not capable of making a much larger quantity
of their well-known brands. There are six flouring mills of different
capacities in the city, and although they are generally at full work
such is the demand for flour they make, that they are very often not
able to supply their customers. These mills ought to be enlarged, or
others built. Detroit, the commercial metropolis of a great
wheat-growing State, should be capable of manufacturing an immense
quantity of flour. The increased expenditure of money, in the purchase
of wheat, would be very beneficial to the trade of the city.
For the last fifteen years, the exports of breadstuffs from the United
States have fluctuated very much. In 1846 they amounted to nearly
twenty-eight millions of dollars, and rose in 1847 to sixty-nine
millions. In 1848 they fell to thirty-seven, and in 1852 to twenty-six
millions. In 1853 they amounted to nearly thirty-three millions, and
in 1854 they rose to about sixty-millions, but fell in 1855 to about
thirty-nine millions, and again rose in 1857 to seventy-seven
millions. In 1858 they again declined to about fifty millions. We
cannot accurately detail the exports of 1859, but they have been very
light on account of fall in the European market, after the termination
of the war in Italy. During these years there were various causes for
the remarkable fluctuations which we have noted; namely, famine in
Ireland, the Crimean war, and the failures of the harvest at home and
abroad, nor have these exportations been regularly divided or spread
over the various months of each year. They have increased or
diminished according to the European demand, governed by the supply at
home and regulated by advices from the other side of the Atlantic. It
is likely that the export of breadstuffs in 1860 will be very
considerable.
Michigan possesses many advantages over her sister States, and these
enable her to bear up against monetary panics better than they. Her
immense length of lake coast is indented with excellent harbors, which
invite commerce from every quarter, and furnish excellent outlets for
her surplus produce or mineral wealth. The great and diversified
resources of the State support her in the evil day, and bring her
through a commercial crisis in safety. From the ushering in of the
year to the close, there is not a day in which the marts of commerce
are not enlivened by the contributions of grain or live stock from our
fields, fish from our lakes, lumber from our forests, or ores of
various kinds from our inexhaustible mines.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account