The bread prospects of the country have decidedly brightened. The
sky has cleared, without a return of heat ; and the best chance has thus been afforded of recovering the harvest with a minimum of damage from the wet. In the United. States, official statistics point to a harvest exceeding by ten per cent the largest ever gathered ; a calculation perhaps short of the truth, but suffi- ciently confirming our own inference from the greatly-increased breadth of land under corn in the Union. Mr. James Caird, after a tour of agricultural survey, reports an unusually full crop throughout the North of Europe. In other countries, we now know that the expectations of dearth have not been fulfilled ; and the present prospect, from one source or other, is that of general abundance. This again confirms our impression that the large rise in the corn-market was purely speculative ; and so the corn- market itself has since found out.
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