The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-26
The Great Southern ACKNOWLEDGMENT
C0nvention
prom the New Orleans Bulletin, Nay IT.

prom the New Orleans Bulletin, Nay H.
We trust that out Of the number Of delegates ap-
pointed to this body by the Governor and Mayor, a
respectable delegation respectable in number and
intelligence) will make it convenient to represent
| the city of New Orleans. There are many reasons
SO obvious that we need not partcularize them why
the largest exporting city in the Union should have
a feeling Of sympathy and interest in the debera-
tons and action Of this convention. Besides the
many affirmative reasons why we should be there
represented there are Others of negative character
whole scope of the design originating the conven.
ton, and the protested objects to be accomplished
may be thoroughly understood, we will give a brief
| history OF its rise and progress.
The convention held its first meeting at Baltimore,
during the last winter; after being duly organized
an address was prepared and delivered embracing
the objects to be submitted to the deliberations OF
| the members After some preliminary discussions,
and, a matter of course, the adoption of resolu-
tons and the appointment of committees, the con-
vention adjourned, to meet at Memphis on the first
Monday in June.
In most of the specified objects we yield a most
hearty concurrence; to others we dissent, being
entirely impractcabe, and If practicable, as being
| prejudcial to particular interests. Every true
man to the South must desire to see that era OF so,
cial and commercial millennium commercial and
industrial independence which can only be accom-
| plished by and through some OF the agencies pro-
posed by this convention. To be free and independ-
| ent, We must first concentrate our strength moral
and physical; we must promote and encourage inter
communication by means of railroads; also fully
| agree in the policy of the other auxiliaries-the
establishment OF lines of steamers with Europe, en-
couragng colonization our fertile soil stimulating
| manufactures and general industry, educating
children and spending our money at home-all these
ends are commendabe and practicable; and to leni
helping hand in the good work of accomplishing
reform OF this kind, we are anxious to city
| represented at Memphis next month";
But let us dwell for moment upon other proposed
| designs of the Convention, entirely out of their
reach, and by spending their strength upon which,
| they will make themselves impotent to accomplish
what is easily practicable In the first place, it is
proposed to reverse and rescind the immutabe and
well established laws OF trade and commerce, to
volutionize the entire commercial system, so that
commerce may be made unconnected with and indie
pendent of capital This, to practical business men,
would seem to be stupendous enterprise; but the
visionary theorist, or ignorant politician, who thinks
he must, as matter of course, be perfectly posted
up In the science of political economy can devise
plan by which it may be easily accomplished. The
first step to be taken is to break up Liverpool as the
great cotton mart of the world-to dam up the
mouth of the Mersey, and drive from its waters the
cotton ships of the United States to Amsterdam.
Rotterdam, or some other continental port. When
we take into consideration what Liverpool is, it
must be confessed that this is no tring undertaking.
The "towp of Liverpool'-for, even with its half
million of population, it is SO degnated-is the
largest cotton entrepot bv odds, in the world; it
is the recipient of thre .hs OF all the cotton ex
ported from the United 6tates it is the MAN, or
rather only, outlet OF the manufacturing districts of
England, and in thee districts are manufactured
the world; it has registered foreign and coast
wise shipping, only inferior to that of London; it
exports three times as much as London, and twice
much as New Orleans, and concentrates within itself
O richer and more diversified trade and commerce,
with more individual and aggregate wealth, than
any other commercial city in the world, excepting
the great metropolis" 1t must be acknowledged
that the convention will have herculean labor be-
fore them to break down Liverpool by establishing
"a continental depot of cotton in opposition to Liver
pool" So much TOR proposition number one. Our
principal objection to this process is that it will oc-
for ourselves as well as for posterity.
The second scheme, as laid down in the pro-
gramme ID to do away with all the intermediate
agencies between the planters and consumers in
other words to sweep off with the bosom of destruc-
ton those greedy vampres-the commission mer-
chant the warehouse man. the insurers, and all that
interminable media which eat up the substance of
the innocent and unsophisticated planter. We shall
not stop to inquire how this great revolution in the
conduct OF business is to be effected, for it to
u.s. that whether the cotton depot is at Liverpool
Amsterdam, the exports of the country must be
managed through intermediate agents. The cotton
planters may as well determine to build and man
their own ships to carry their cotton to Liverpool
to dispense with their factors and agents. As every
bale OF cotton and the larger portion Of every other
kind of produce that is brought to New Orleans, is
reshpped our factors brokers and other agents. are
particularly interested in this branch Of reform.
Another proposition to be entertained by the con.
venton is, to build up southern importing market
hill work to effect this. stern chase is always
long one and the Empire City is so far ahead Of all
competitors, that it will be long time before she is
reached. To drain her teeming cornucopia of the
wealth with which it is filed, would be as futile an
effort to attempt to bail out the waters Of her mag
ni6cent bay.
But the building up southernimporting sity is by
no manner Of means chimerial idea; on the con-
trary, is in degree entirely practicable, and well
worthy the attentive consideration Of the convention
But what southern city is to enjoy this envable
position? This is question IN which the citizens
Of New Orleans are particularly interested. ii New
York to be pfostned what southern city is to be
built on her ruins Which is to be the southern
market that the convention is to establish in oppos
ton to New York? We Of New Orleans think that
we haze some claims to preference, and upon good,
~ stantia grounds. We are at the outlet of river
embracing, with its tributaries, over twenty thou
sand miles of navigation; this river, with its auxia
res, floats the trade of thirteen large Sates we are
by nature made the depot Of a commerce, which,
limited even as 1t is now can never be taken away
from US, but which, by means of the railroad i'm
provements contemplated, will be increased hun
dred fold; are the second largest exporting city
in the Union; we can and do furnish more assort
ed and extensive market Of the staple articles Of
prime necessity and consumption than any the
old new world; we, therefore, upon every princ
pie of expediency and interest, which alone are the
Influences that control the direction Of trade entitled
to the distinction Of being the rival OF New York.
The West with their varied produce, can find no
dearer selling market, and no cheaper buying
market, than in the gulf ports. New Orleans and
Mobile will always furnish them better markets to
sell in and better markets to buy in than can pos
sibly be found in the Atlantic ports
What will be our chance to be made the great i'm
porting city Of the South by the fiat Of the conven-
ton2 None at ALL if the signs of the times indicate
anything. 1t is foregone conclusion that Balti-
has the call. The idea of the convention origi
mated In Baltimore, and its object, as foreshadowed
in the address of the Baltimore Chamber Of Com
merce, was TO make Baltimore southern emporium.
We are told in the address that Baltimore Is the true
centre of national commerce." and that Balti-
more is the best market in which the varied pro-
ducts of the plantation the farm, and the factory
can meet for profitable interchange" and that
Baltimore is nearest the North nearest the South,
nearest the West-so central in fact as to be nearest
all; it is nearest the manufacturer Of the North the
producer of the South and West, the Spectator of
Europe, and purchasers everywhere. And in the
speeches that were made at the conve iton last
winter, this paramount idea seemed to pervade all OF
them
Senator UNDERWOOD. OF Kentucky, said:-How are you
to New York tho trade that legtmaely be-
n.. suto ~vtth fha hu tho