The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-04-04

The SOUTHERN COMMERCIAL MovEMENT.-The
planters. cotton growers and merchants Of the
Southern States, have, it is known for some
time pest meditated and threatened the adop-
tion ofmeasures calculated, in their opinion, to
depreciate the greatness Of this commercial
metropolis, by diverting from it the trade of the
South, land concentrating it in one Of the ports
of that section Of the country. A convention of
that body met last summer at Baltimore, and
appointed to hold the annual convention for
this year at Memphis, Tennessee, on the first
Monday in June
We understand that the principal and para
mount objects contemplated by the convention,
and to be brought under consideration at the
meetingin Memphis, are definitely these =
The establishment of continental depot of cotton,
in opposition to Liverpool.
The direct expectation of cotton by the planter,
thus doing away with middle-nen, middle ware
houses middle commissions, middle assurances, and
all that interminable medium which eats up our
substance end concentrates our exports at Liver
pool.
To build up Southern importing market, in oppo.
sition to New York.
To establish, through railroad alliance, more SYM
pathy with the great West and Northwest, socially,
commercially, and nationally:
TO have one or more lines of steamers to Europe.
To induce emigration through Southern ports, to
pass to the West by communication always OPEN
expeditions and cheap; or to settle on our fertile
lands.
To stimulate manufactures and general industry.
To educate our children at home-to spend our
wealth at home.
To aim at commercial and industrial independence.
These objects are all more or less laudable. and
we wish success to the association in their vari-
Gus enterprises. By all means let the planters
establish measures to transact more immedi-
ate trade with the manufacturers, in the direct
expectation Of their cotton, and thus avoid the
expenses. delays and Inconvenience Of middle
men, middle warehouses, and all that is wrong
in the present system. By all means let them
build railroads establish transatlantic steam
ers. stimulate manufactures, and educate their
children at home. 1t is right that they should
do so-the South will greatly profit thereby, and
the whole country will share in the benefits of
such system Of internal Development.
We don't fear, however, that New York or
Liverpool will be utterly destroyed in the con-
summation of all these projects. We do not
entertain any dread that our greatness or pros
perity will suffer the slightest diminution. Not
at all. The natural advantages Of our situa-
ton will be sufficient defence and barrier
against all such attacks. The Developments
Of the resources of the South will only give a
stronger impetus to our present rapid rate ofpro-
gress. and therefore. gentlemen of the Southern
convention, we are ready with all our heart to
cheer you on in your undertaking, knowing
that if you carry out your projects they will
considerably improve the South and rebound
to the benefit Of the country at large. and above
oil to that of this great commercial metropolis
Therefore, gentlemen, prepare to go ahead at
Memphis and don't let the whole scheme turn
out flash in the pan.