Beans, white .56/lb
Cattle (live) 123./cwt
Clover seed 1.57/lb
Whisky 1.08/ 750 mL
An editorial comment ( discussing the newly developed McCormick reaper
) in the August, 1844 edition is very telling:
"So long as crops come in so abundantly, we must expect the prices of
produce to rule low; it behooves the agriculturalist, therefore, to
avail himself of all possible improvements in culture and harvesting.
He will thus be enabled to successfully compete with the foreigner and
supply distant nations cheaper than any other country can do. If
prices fall, we must endeavor to grow our products at less cost."
This was *long* before any sort of "cheap food policy." Think about
that for awhile.
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