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Domestic News
May 14, 1795
Gazette Of The United States And Daily Evening Advertiser
Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
A May 4, 1795, communication from Albany advocates for a general embargo on all grain exports in America to address exorbitant prices and global demand, preventing farmers' exhaustion and drawing on historical policies of nations and states.
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OCR Quality
98%
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Full Text
ALBANY, May 4 1795
COMMUNICATION.
The propriety of laying a general embargo upon all kinds of grain in America, will doubtless excite the immediate attention of the President. It has been the policy of all nations to guard against the danger of draining their own supplies; this policy has also, been adopted occasionally by the States respectively, when the power lay with them: the present exorbitant price of grain of all kinds, and the unbounded demand in almost every quarter of the globe is such, that nothing short of a general embargo will reduce the price to some standard of reason, or prevent the farmers from being completely exhausted.
COMMUNICATION.
The propriety of laying a general embargo upon all kinds of grain in America, will doubtless excite the immediate attention of the President. It has been the policy of all nations to guard against the danger of draining their own supplies; this policy has also, been adopted occasionally by the States respectively, when the power lay with them: the present exorbitant price of grain of all kinds, and the unbounded demand in almost every quarter of the globe is such, that nothing short of a general embargo will reduce the price to some standard of reason, or prevent the farmers from being completely exhausted.
What sub-type of article is it?
Economic
Politics
What keywords are associated?
Grain Embargo
Exorbitant Prices
Global Demand
American Farmers
Presidential Policy
Where did it happen?
Albany
Domestic News Details
Primary Location
Albany
Event Date
May 4 1795
Event Details
Communication proposing a general embargo on grain exports in America to reduce exorbitant prices and prevent farmers' exhaustion amid global demand, citing historical policies of nations and states, and anticipating presidential attention.