NP, RD 10/2/1861

From the Richmond Dispatch
 
October 2, 1861
 
Salt
   We are glad to learn that the Virginia & Tennessee Railroad Company have made preparations for transporting salt from the works on their road, at Saltville. Smythe co., as rapidly as it can be manufactured; and that notice of the quantities it will transport per week has been given to the owners of the Salines. Within a week or two past this road has brought down very large quantities of the article from the Salines, as well as four thousand bushels of New Orleans salt. Whether this action of the railroad will relieve the market and put the price down to reasonable figures, will depend upon the success of speculators in getting control of it, and holding it in [ quantities ] to make it scarce during the packing season.
   In order to prevent this sharp practice of the speculators, it might be well for individuals, or clubs of individuals, to send orders direct to the manufacturers at Saltville, Smythe county, Va., accompanied by checks on any of the banks of Richmond, Petersburg, Lynchburg, or Norfolk, for the purchase money. The name of the manufacturing firm is Buchanan, Stuart & Co. We believe the price at Saltville is seventy-five cents a bushel, together with the cost of the barrel or sack it may be shipped in, which is added.
   This firm itself holds a monopoly of the business, and have put their price too high; the usual price at the Salines having heretofore been fifty cents. We believe, however, that seventy-five cents will satisfy them, as it certainly should do, being, if we are correctly informed, from four to six times the cost of the article. On the principle, however, of "Live and let live," the public may be willing to stand seventy-five cents as a war price. By sending orders direct to the Salines, the public will immediately be able to discover whether the manufacturers are willing to supply the article to consumers rather than to speculators, and whether the railroads are as ready to bring it down to the public as to large dealers. If the manufacturers will fill these small orders, and if the railroads will bring down the salt thus ordered, in preference to the car loads and train loads sent down to speculators; we think the monopoly will be crushed, and the price of salt reduced to a fair figure. We see no other mode of checking the speculation going on in this necessary of life, and we suggest its trial in time for the people to procure their supplies before the hog-killing season.

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