Flour and Meal, bbls. Wheat, bu. Corn, bu.
55,217,800 173,104,924 838,792,740
_Exportation._
Flour and Meal, bbls. Wheat, bu. Corn, bu.
2,845,305 4,155,153 1,314,155
_Percentage of Exportation to Total Crop._
5.15 2.40 .39
This was the result for the year preceding the enactment of the Morrill
tariff. It is true that our exports of wheat and Indian corn rose in the
three years following the enactment of the Morrill tariff, from an
average of eight million bushels to an average of forty-six million
bushels, but this is contrary to the theory that high tariffs tend to
keep breadstuffs at home, and low ones to send them abroad. There is
need of great caution in making generalizations as to the influence of
tariffs on the movement of breadstuffs. Good or bad harvests in various
countries exercise an uncontrollable influence upon their movement, far
beyond the reach of any legislation short of prohibition. The market for
breadstuffs in the world is as the number of consumers; that is, of
population. It is sometimes said in the way of reproach, (and it is a
curious travesty of Mr. Carey's manure argument,) that foreign nations
_will not_ take our breadstuffs. It is not true; but if it were, that
would not be a good reason for our passing laws to prevent them from
doing so; that is, to deprive them of the means to pay for them. Every
country must pay for its imports with its exports. It must pay for the
services which it receives with the services which it renders. If
foreign nations are not allowed to render services to us, how shall we
render them the service of bread?
[Footnote 5: Principles of Political Economy (People's Ed.), London,
1865, page 557.]
[Footnote 6: These figures are taken from the census report for the year
1860. In this report the total production of flour and meal is given,
not in barrels, but in value. The quantity is ascertained by dividing
the total value by the average price per barrel in New York during the
year, the fluctuations then being very slight. Flour being a
manufactured article, is it not a little curious that we exported under
the "free trade tariff" twice as large a percentage of breadstuffs in
that form as we did of the "raw material," wheat?]
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