The Yazoo Whig and political register. (Yazoo City, Miss.) 1840-1842, 1841-11-19


/ Union. II the Olispissippi cotton market
was in Mississippi, as is the case with al our
neighbors, who can communicate cohve-
nienly with the sea. our planters would be
on an equal footing with other cotton grow
ers; heavy expenses and Losses would be
ANNUALLY saved to them; our own commits
sion merchants would be employed 10 con-
duet the trade; and our river towns, and
the State generally, would enjoy the advan-
tages of an exporting community, instead Of
furnishing, as We Row do, an export of some
ii5 millions year to Augment the trade Of
sister State. The currency and exchanges
Of our State would be benefited to the ex-
tent which our cotton now benefits those Of
Louisiana. The thousands of persons of va
rious occupations now employed in New Or.
leans, in and about our cotton, directly and
indirectly, would find their employment
here; and all the exhibitions Of wealth. in
dustry and enterprise, which is based upon
what probably is our export trade, would be
seen in our own State.
To establish the cotton market of Missis.
sippi where it righttully belongs. il is only
necessary, IN the view Of your petitioners,
7 to place the cotton at one, or at two or three
important shipping points in our own Stale,
either Tor shipment or TOR sale. The marker
will certain y be where the cotton is and !,
IN point OF nagni ude. il would be greater
Than any other in any cotton growing coun-
try. 1t is now in New Orleans, because we
send the cotton there vessels and purcha-
sers stop at that place, because there they
meet the article they are seeking.
The important question then naturally ari-
ses, how shall so desirable an enterprise as
this be sci on foot! 1t is The Opirion Of your
petitioners, that concentration or deposie
OF a considerable quantity OF cotton at one
or more OF our shipping POINTS, Tor shipment
and Tor sale, with suitable facilities tor put
ing 1t Oh shIptoard IN good order; and with
such arrangements a. will promise a cOnlln-
uance OF like operations, " i'll be sufficient to
invite both purchasers and vpssel Is in ample
numbers 10 those points. And We further
confidently believe, hat such an opening OF
The trade will insure, al no distant day, the
permanent establishment OF coton trade IN
mississippi.
Lut yonr petitioners beg leave respectfully
10 express heir opinion tha thus is no. likely
soon 10 be b on hl about BY Individual enier-
PRISE: We therefore resp, ctful request
your honorable body 10 pass aw incOi pora-
Ing cohipan1, 10 be called a ''IOTToN
MART, o be coated at Na,chez and also
one al NicksruIg, and one al \ aLoO City, IN
TINS Sale, with such privileges aud reslrIc-
ilonS as may IN your isdom be best adapted
10 The transaction OF All extensive commission
/ business, and upon the following general
/ plan, VIZ: lst-Each one to be required 10
erect large and commodious warehouses,
WIKI sampling rooms, Offices repairing house,
&c., 50 a. 10 exhibit, to the best advantage, an
exile nsiVe and conveniently arranged COTTON
MARKET ESTABLISHMENT. Each company to
have such capital as may be deemed suti-
cIent for the purchase OF suitable lot of
ground, the erection OF suitable warehouses,
&c. Those at Vicksburg and NatcAez 20 be
situated on1he bank OF ttIe river convenient
TO good ship landing, so a. TO be able 10
Convey cotton TO a vessel 10y means o. a small
railway, or otherwise, without exposure to
the street o: ordinary drayage, and entirely
without damage. The establishment at va
zor City TO be similarly situated Oh the tank
OF the YazoO river so as TO convey cotton 10
vessels in The Mississippi BY means OF steam
boats 10 ply as lighters, without landing or
re-shlpment OF the COTTON. 2d-lhe Mars,
IL doing an ordinary commission business,
Will receive all cotton sent 10 hem Tor ship
ment, for sale, storage, &c. All cOlton re-
celVed by them to be kept, absolutely il good
order, and in all cases delivered ia the same
condition with underwriting stllctness: Pro-
vlded that they will not be required 10 receive
any bales that are not so packed, anu of such
dimensions as that a vessel ma, ordinarily
receive OF them her full tonnage. And any
bales being injured on delivery at the Mart.
10 be IN all cases repaired at the expense Of
the owner before being exhibited in the
GpilIp q r. Shiuninr a
by the Marts 20 be so made as thai each owner
will receive separately the proceeds of his
own property. albany person having
cotton at the Mart 10 have the privilege of
Tree access TO the sampng rooms, and any
other privileges necessary 10 enable him 10
sell such cotton himself, if he so chooses -
5lh-Ihe establishments to have the privi-
ege OF drawing bills based upon actual ship
nehts OF cotton, insured tor a part of the
Value thereof tor the. benefit of the owner.
ell-I he Marts to be prohibited from oW ming
cottoh under any circumstances, or being in
any way interested III any Otherwise than AS
ageh and TO own no other property nor
immediately necessary tor the performance
~ an agency OF the character described.-
Each ohe to employ such officers aud Iaborers
aS may be necessary. 7th-A tariff of COM
mission rates 10 be established by law, 10 go.
Vern the charges OF the Mart. 8;h-A board
OF examiners to be appointed by law, TO visit
'he Warts and report to the Governor OF the
state.
Your petitioners beg leave, respectfully
sta,e Their opinion TO your honorable BODY
'4a' the establishment OF corporations some.
What OF the character above described wlIIl
nave the ettecI OF commencing the important
business OF direct ex POI ,aton in this STATE !
20 loudly called tor by the suffering interests
ot our cotton Planters; and that once com.
nehced, 1t will he taken up b. our ow IA com.
mission merchanls,a and thus great al vantagcs