Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-08-21
MASS COMMERCIAL AND FINANCIAL CONVEX
t TInN


@ TON.
TO he Nsrehanfs, Bnkers and O;heys of he CJafsd-
crate States Of America go
There two great objects which We desire Is tbs re-
aul. OF the momentous struggle which Il nov pending
o1e 10 Political the other Commercial and Financial
The first has been thoroughly orgal lied aud under the
direction of the abest minds In our Confedsracy and
with the blessing Of God appears TO bs rapidly progress
ing to satisfactory conclusion The second and In our
estimation the greatest and most important has not %
yet orgauz ,on and Is In great danger Of being lost
by the success Of the 6rst-before any we'll dgested
plans have been adopted for is attainment.
We feel h to be our duty therefore, TO ourselves and
country 10 seek to awaken the public mind 10 the inoA
ousbs importance tf seeing 10 IT, that our forces are
promptly mustered and well equipped for the coming
struggle, plans thoroughly discussed and well ma.
tured that by prompt and combined action when the
,n shall be mfde We shall ensure entire
and become seek be, not only politically but
commercially and financially free and Independent
Have We not the Kill and energy 10 our Oonfederacy
needful 10 conduct our commercial and hnan.
cial Affairs a. well abroad - at home? II not W
fear must be content heretofore, 70 allow them 70
remain In the hands Of, and be conducted by others
Shall the profits arising from our immense trade with
Foreign countries continue 10 how into the hands Of
those who inimcsl TO peace and welfare shall
the benefits arising therefrom be retained by and
transmitted Is . rich legacy TO our children
mighty and systematic effort has been made by
1erCuhnu Anu Dtuksf1 ~ tuo Nortn W anu
enposs almost the entire profits Of Southern trade in
their hands, Our institutions have been decried to the
world in the hope that by this they might drive
from us the sympahies Of other commercial nations s
o,srut not wholly prsven direct intercourse bstwssa
us and them.
With these facts before u.s. Is 1t not time ws should
awaken TO the vital importance of instant wise and de-
cided action upon the sui sctr
One Of the greatest obstacles In the way Of the essb
shment of direct trade with foreign countries-immedi
aey upon the opening Of the pors Of Confederacy
ia the fact ths> npr Merchants are comparatively uu.
known in foreign markets. and have credit establish
ed there. Although the products Of the Sohsra States
haze eonstitsd the bass Of credits and ezehangs be.
tween the late United States and thoss nations for
than half century, in financial and commercial sense,
We are unknown to each other-our bills OF exchange
having been drawn by Northern Houses, and the vast
amount Of their productions consumed by Unsupported
through the same channe-so little have We been known
these Transactions that years would he required in the
ordinary Of events to build up that trade and
bsh that confidence which is absolutely necessary 10
commercial transactions which are founded on system
Of credits.
Il is clear therefore, that some extraordinary
must be devised, enable TO free ourselves from
these impediments TO commercial credit and indie
pendence, and prevent our falling back into the old
channel as soon ports are again open. IL IT,
moreover, desirable that products, other than
great staple should be fully made known to the worif,
aud the great advantage to foreign nations of drecE
rrsds with U.S. aud should all unite s5oris in the
promotion Of this great work.
We therefore, cordially invite the merchants bankers
and others Of the Confederate States TO 10 Mass
Convention, in the city Of Macon the l4th day Of
October next for the purpose Of devsng plan for
establishing system Of credits between the Confederate
States Of America aud Foreign countries which may DO
practicable and available to all desiring to use it, and
which will also command the hearty support Of the cit
zens Of our whole country.
We earnestly invite the assistance aud cooperation Of
the press of the Confederate States in bringing the sub
ect fully before the peop and the presence Of ts
oers on the occasion named.
We wouli also, respectfully suggest to tho various
Chambers Of Commerce and other Societies within the
Coaeieracy, organized for smir purposes the pre-.
priey of appointing Committees at esy day for the
purpose Of due and deliberate investigation Of this i'm
portant subject and proposing plan TO be submit
ted TO the Convention at It's meeting.
Very respectfully
WM. B. JOHNSTON, Psesd't.
HEsRr l. JxwHrr, Sec'y,
Macon Chamber Of Commtrs.
Macon, Georgia, July Goth, 1851.