The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-04-27
COMMERCIAL CONVENTION

nv urge and res,.
table delegation. The following ,1,'
of lis proceedings is taken from =, + a.''''a
ia Chronicle and Sentinel. Ausa
Delegates attended from No,s,n
Wilmington and Fayetteville, n. e "a
eral towns aud villages in S. CaroI II, S'-
Georgia, Montgomery, Ala. and l r. ~
Col. Thomas b. King of Georg,. D''a
pointed President, and NJ. W. Co. s@'p
rotary. D.
On motion Of Gen. Hayne a eou.
Of "A was appointed TO report man,.
the action Of the Convention. " &
e. n - AprlI 3T
a lengthy report OF great cleames, -, va
bihty, on the subject Of the Object. ~ c
Convention, accompanied by etnf
tons. The report being read.
Mr.. Memminger rose and add,.s.l,
Convention in a speech Of cooss..g
length and emmett ability, on tbe -,
which have conspIrcd 10 break d.
direct foreign trade Of the South ~
remedies 10 be resorted to, 10 re,l,.
Judge Longslfeet followed Mr.. Me-.
GER, and addressed the Couyeutlon +,
time.
Judge Mcdonald, also addreswd,t,c
sentioD, and proposed a substitute &, -
Of the resolutions OF the Commulee a.
TO recommend the Incorporated of %
in the South oil 40 millions capital b, a.
some discussion between Mr.. Mia. N
Cgau,,ae and himself, he wllhdtew
Alter good Gsai Of discussion ma.
dttiereul resolutions Ea3 amendne,,, =
ed 10 them, they were finally pa.ssj +, \. |
following form:
l. Resslued. That q direct trad, MI,
channel Of communication bstx GOO r.t.,s, ~
efies 10 each other the beat market q, ia,
raj pfod0ctIsns aud that lhs interval. :
lhud party musi operate as staI upo1 t.su. !.
ges s~twrsn lbna,.
, Rssolrsd. That the Sssih.rn az So
,sru States Of this union stiuld thass q, =, ;,
~hich are purchased Bssfiy the skg, -,
imports Of thu en1nuy Tia, ,hey are Il, ~.,
mars u large Foriioa OF thcss Ia gosts A.. 49,.
naturally themselves IL furnish the eh.ss,lt..
which tho .rehssges 10 maze that e. 20 s,ss, !
have their tilsIrns been feund lneapsbs q -,
tanning themselves 10 q fair compestssa % "A
er schemes, and that the divsf,ion Il tAtf n,
ffoen lu natural channels. must have "a. ..,.,,
- Hg h. n Al
mcni, az BY The abstraction Of cur pcos, s,,-,
other pusaus.
} Rsaoltsd. That 10 the osiaion oflAs Cs,.,
'ioa such a stats u things should as sass 4.
uuas thai ID. present esudiiisn VI TIE t,s--
oral fslaiions Of The eouatry, and tbs d.s-ssn
Of tie sHisuag ehaus*ls 81 trade, .lIef4 !, sg~
iaHtiy 81 bfcssiKg dean the ifsmust, x. ID,
% lssg Filtered our commerce, .h5 :! ,rfrs
10 The South ls sssufai sdsan,ags,, az nEt
sneamhsni apoa sFsry rian ~ho has Il As.1 a
gooa q sis esun,fy. 10 lead he best sIt,,ss |
the promotion OF these % acts ana 10 s,,is s y
trade upon SQUAD and refHiaaqui taia
Rsssirsd. That lh.. Cosvsal,sa = k1l
ware % ,hs aitliegllies To be osaosps IA IT, ~.
eeuiioa Of thsif eGiefpf,ss taI aoshist el.sai |
thereby, asa fully relying upan ,hs r.sr VI
and nsalous ca operation II ilsu fslSs E. Ea
iasr ara ec,srmised 10 savsscs Stih sst-a!p
ssssfssss ard -ith that vrs.. 20 safes,s' 'vas |
need ihs adoption u the iollspisg sasat.'a
/. That an .lIsri shah ~ ulsds &c aF8.aa
impog,sfs and purchasers 81 soulherh ~ e,a d |
saais sariiiiis. ~hieh are efsrsd sssas,s I'd |
Nith thss viss 1t 10 Recommended ihai % h'H |
N The scsrStts sbosld insmtdIaislr sspi rra |
efthsuttspecllTs capitals 10 ,hs sareh.ss siiva /
CHchsngs, and 10 the ptoeurtuscUi 1t r'gts
funds IN Egfsre and that thsy .lsst'4 ,srt y
ass Of the cane 70 toe inpoflIng ntfrsis. -
= discount o. collateral pledge q saeh gHt Na
a. he may take from the nsrchaals u ia rsa
%. and that thts accommodated = assfad y
eel upon paper having mote haa 81 Eaa.a
foh, ss upon that haying less inc bat ~ brn
o. The interior Gu opersis BY collecting sas Hzs
Toe the Proeseds OF such papf to b aii
the seA cnst that they msintsiu The efeesl 9 80
Bills shd Keep dowu The exchanges By fses'alI
their Dan papsf at the sea ports iss hti =
Other hand. tho Banks Ia the Soothsfa AliA'
cities make arrSsgeGsnt By shich Hs Ss'H
all 81 them ,hsIl Be 81 par ia each.
2. Tha, With vice 10 The impofiasi Eag'ah
sqaallgiag The exchanges bsiaecs >aats'fa ~
S,ulh sss,srn States aud Terriior,s', lha oa's
iioa sa'neatly recommend 10 the yafao-i A'H
Of tae principal ciiics Of these states, q 's'a
may BE- conveniently located 10 fses'r' - -
81 each ether "a their general business ias ~
soPt such arrangements for ssulsmssD, I" w
periods, a. they may deem suitable ae1 ~,
he Banks agtlns, ~bon the balaaes sh'9E'
. furnish funds ior settling tbs SAINT, q sr
10 interest OF six per cent. from he Psf'Sa
lsmtni, aud that = Committee Of tTe - '''''
o take such measures as TO their lJesp'l'''
airy folly toto effect the preceding ''F'@--
.attans
;. Ths, the Marchanl, OF N, South ira ,,
Vest, BE- earnestly recommended to g." ~
nee 10 the Importers in their uarssIi "a :
hoy afford them an opportunity OF TAU 80
ion Sllh other sections, BY making 'a'1
alls for purchases al Southern and ssa'a '' ~.
caPofts, and on tho other hand. that w
hauts al The sss.por,s shall torIhsi'n ~
importing such stocks OF goods, as ~'li ,s''.,'
'ir rates, supply TO the demand ifsa' w -
hAnts OF the interior. nv
That an earBcs, and united effort So -,
rsde 10 draw home tbs capita Inrs''sa