The southern press., 1851-10-11

eft of this would be lost as soon az Il was re.
moved. Under such circumstances, who would
ship II Would the planter or Spectator re,
move bale what would be the inducement
Such removal would not only forfeit the guar.
antee, but render il certain that the cotton must
reach the manufacturer with an accumulation OF
unnecessary charges, by which the net price
would be reduced. With strong inducements
therefore, for its remaining, and certainty OF
loss on its removal, scarcely bale would &c
except to the manufacturers order. Effect such
a revolution and Liverpool would no longer be
the great cotton market of the world and govern
prices for us-our own ports would become the
manufacturers market--our own merchants
would be their purchasing agents--we should
learn to do our own business, keep our means
at home, and this would bring the commerce OF
all pations to our ports--the gold and produce
of all would be brought to our cities to exchange
for our cotton. We should become the great
importing as well as exporting section OF the
country. Business would invite capital and pop
ulation-our property would be greatly enhanc-
ed in value we should be independent of all
sections and countries, while all would be made
tributary 10 us.
In conclusion, your committee will ask, can
the necessary capital be raised! Why not
Eight dollars per bale on the production of a
single year would be sufficient, while they have
attempted to show that ten dollars per bale, per
annum, would be saved in expenses, and there
can be no doubt that similar sun would be
received by creased price. IF so, fifty million
dollars year would be added to the cotton
planters income. This benefit would be CON-
mon to all and is deemed sufficient to justify
the subscription of 100000 dollars, even If
so much would be necessarily sunk in the oper-
| mi ttaae can
why the capital should be lost; on the other
hand, the cotton commissions, &c, have been
estimated to be worth in the seaports 5,437 500
dollars-the interest on the capital would be
equal to at least $l 100000 more, making 6,437,-
Go, dollars, while the back storage, receiving
and forwarding, commissions on consgnments
of other produce, and on vessels, with great
| variety OF smaller matters, would hardly fail to
| pay the expenses of conducting the blu mess,
leaving tie Interest and cotton commission bust
ness as dividend of nearly thirty-three per cent
per annum to- the stockholders.
! Your committee have thus considered as far
as their means Of Investigation have allowed
| them, tie questions of over production, and our
capacity for over production, the influence of
irregular produc ion, and the possibility of con-
trolling Its effects, our ability to increase the
consumption, improve the price and save large
|
paid They have confined themselves to the
discussion of single plan or system of protec-
| ton, not doubling that there are others, and
perhaps, better ones, which will be presented
| should convention of cotton planters be as
| sembled. Accompanying this report they Ere
sent tho following resolutions, for the consid-
eaation of this meeting
ReSolped That the great irregularity, and con-
| tinued tendency to reduction of the price Of our
great Southern staple are evils which require in
| vestigation, and the application of remedy If
one can be found.
Resolped, That, in the opinion of this meet.
ing, nothing is likely to accomplished for the
benefit of onr interest, without reasonable
amount of concert of action among cotton plant
ers
RESOLVED, That, with view to obtaining such
concert Of action, we respectfully call on the cot
ton planters of the Southern States to assemble
in convention at Macon, Georgia, on Monday,
9th day of October next or at such other time
and place as may be most convenient to ma
jority of those who may desire to be represented,
and that this meeting appoint delegates to the
same.
On motion of Judge Brevard. the report was
received, and the resolutions taken up seriatim,
and unanimously adopted.
DeUtTdi " lutUelu tlon OIeTeu the IOiIOWlnp
resolution, which was unanimously adopted
Realred, That the secretary of this meeting
prepare copies Of the foregoing report and reso-
lutions, and ask publication of the same in De-
Bows Review, the agricultural papers Of the
South, and the papers of the city of Tallahas.
| see. 20. ..t.
On motion of Mr. Houstoun, it was then
unanimously
RESOLVED, That we form ourselves into a cot
ton planters association, 10 be called the Central
Association Of the Cotton Planters Of Florida.
The following gentlemen were then appointed
delegates TO attend the planters convention, to
be held in the city of Macon. Georgia, on Mon
day, the 27th dav of October next John s
Shepard, James T.. Broome, Ben Chares, George
Whitfield, George Galp in, T.. w. Brevard, Ed
ward Houston, w. ID. Moseley. r. X. Call, w
". Maxwell, F. Chairs, L. X. Leonard. Elijah
Johnson, N. L. Thompson, G. w. Holland, John
J. Maxwell, W. II Burroughs, G. A. Croome
Alex. Cromartie, Richard H. Bradford, Edward
Bradford, John Branch, Charles Bannerman, r
w. Williams, ]. y. Maxwell, Green Chaires,
Henry b. Ware, w. L. Thompson, James l.
Hart. Thomas Lqversage, George. T. Ward, Jos.
Chaires, Jesse Everett, John Csson, Kenneth
Bembry, William Lester, Richard Whitaker, f.
NJ. G'rnett, n. II. Hall, Rich I'D Van Brunt.
The officers Of the meeting were, on motion,
added to the number of delegates above desig.
naed
Acommittee Of three, consisting Of Edward
Houston, James 4. Broone, and Theodore Bre-
ward, were then appointed TO prepare u constitu.
ton and bylaws Of the government Of said
association, to be reported to their next meeting
On motion, the meeting adjourned, TO meet
again on next Saturday, at 10 o'clock.
ROBERT BUTLER, PresidsnL
G. W. Hoknar I, Vice Presidents.
.... b. F. ALLEN, Secretary.