ABSTRACT

Those who venture to deny that a permanent and reliable home market is preferable to a fluctuating and uncertain foreign market, may well be suspected of laboring under some sort of strange hallucination. The culture of wheat can never lose its importance in this country, and therefore it is well to preserve its prominence in our methods of illustration, in as much as no other article which contributes to the wealth is in greater need of a home market. The number of men directly and indirectly engaged in producing wheat in the United States cannot be ascertained with anything like reasonable accuracy. England desires - naturally, as, under like conditions, any nation would - that this surplus shall be made as large as possible. She knows that, when the surplus exceeds the demand, the price declines. Every manufacturing establishment in the United States, no matter where located, helps to build up a home market in its own vicinity.