The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-10-28
THE SOUTHERN COMMERCIAL CONVENTION.
IRON the Memphis Apnenl. Oct I'll

THE SOUTHERN COMMERCIAL CONVENTION.
! IRON the Memphis Appeal, Oct. Y
The notion of the Convention ID regard 10 dcolipg
against Inc propriey o. an advance by government to
the planters, the opening Of ports free all the
worlds commerce. ana allowing the oxportation df cot.
ton IN return for imorsaons, las already reached you.
But there was one important matter passed over which
requires The early and earnest attention the country
mean the resolutions proposing the ncedfu prepai a,oy
legislation to prevept trade and france falling again
under the control OF New York. These buttons,
think, expressed the sentiment OF the country hoy
certainly ala aim cad blow at the North, appeared
upon the debate They weTe;-
!, 10 place a dscounting duty Of twenty per cent on
all foreign goods imported into the Confederate states
through or Tor account Of Northern parties Tor period OF
ten yeais
2. To place direct 'incomo taxi upon al Northern
exchange or bills payable there, for similar period.
3. Recommending our banks anu merchants TO make
all cotton produce bills accepted payable in Europe,
al east 10 the extent Of our foreign impo taons.
These resolutions were ka8Ma the "aifect trade
resolutions" The friends OF direct trade taking the pc
sltlon that because Of tho acucal employed in
tire ato Union 10 divert our ado North, it became 40
soitey necessary Tor TIC Sou.h 10 aid Soherp raae by
legislative enactment TO brek away from the restraint
upon niuelc &C, o1g and SO unusty imposed by
| tine Amc lean COVE nHsent.
These resolutions postponed in the Business Com
milter ana passed over from lime to me until IL was
too late to debate them. They were, However, csle for
b. tho Convention N the as hour d rs session, and
would have passed but ior the argumei put forward by
Gen. Dun Greea, Chairman OF the committee, followed
by pa iiameutasy movement which or the debate,
and laid item on the table.
| The position taken by General Dun Green was that
these resolutions fatal TO Northern Commerce
with the sonth SO destructive OF all hope q New York
ever again pagicpa.ng IN he mportatip oil goods
~ wealth, dugh the discount VI cotton bills and
tn control OF uGr oAc,nse thai 10 PASS them won1 be
10 proiong the ha III Dir CO 6aas rco,atons IN
fdt. no, Id a.Qle any 1i.ai 0ah The N0fh ssiL
and Irets't any 'catracttn q he eoRset. o'sa NAM
ctul connections tetesa he North and South These uieics
sadGet pf taora lad ereat ueigdt fstI ne tencio..
All debate beng cut on by natuie OF The motion with
which Genera DLn Green closed the argument, the
"Gtect trade r. soiutions'' were tabled
ihe greatest excitement followed this unexpected vote.
The direct TIA meA were only TIE more coiA inccd ct
the mpo lance o. these from the fact thai their
opp incns conf them aIgerous the North
hey believe that The e. trade ,osoabons unless psac
taled By aiecttfade, - wouid not gave tho south the
fu measure oi @ lninetcal benefit desired II MAS also
coatendcd for and think wiki great 10. ce that OF
the objects, u Dot ihc aemonnt olcct OF tic conven-
ton, was 10 Indicate the necessary pre- aaory to
prey ent the olth from even again wing any control
over our trade For one am free TO that the
objections uiged by Gene, ~ Green were, my mud the
very why the direct trade Resolutions should nave
been pissed. lLe fact that they dargcgous to
the North IS the best evidence Of thea eeossiy tie
South.
In order to allow the Utmost harmony 10 prevail it
ED 70 supp ess lie exciting debate which flowed from
tbs unexpected position OF Gene al Green But under
stand that tie direct resolutions will be taken up
in another iom and pressed upn the alton
II tho government
Outside of he Interest to the mercantile community
which these resolutions possess, significant and i'm.
porant political element Is developed by their deca,
above stated.
powerful Georgia hiluence ana that part poel
ton ~ the government ifem this STATE opiosei to
ties which are MY suspended, and which ar, TO be pre-
serve, as an inuoeInsn for peace 10 the North, well
as bass Of adjustment Of terms Of that peace What
ae atsa7e al aai elucoi result # sch commercial
am t'saeii reconstruction u e, as matter If Craze
cencer q ne SoaAea People AZ your correspondent,
give The shpe facts. They ase certainly significant and
p. egGant With srcal events hereafter.
herewith append the direct resolutions aud the
address 10 the Conv eItiln offered by Mr.. Vernon
10 tit AraBEts TIE toS, EslioS;--
Your aliultiln is called TO tho accompanying resoll
tens which have been referred 10 The l,siness Commit
leHll ct III ia q tfat
II these rcsJiths, 10 strike decisive and deadly blow
at Au,than trade and New York banking influence The
people OF the South have learned what value place
mere pretensio;s We desi'e acts, ana acts so unmis
tkeabe as u SO. tie s question al once and forever. We
Propose 20 tax Northern cogstaisv npostaticIs WcWo-
p Sc to tax Northcin exchange. We Propose to tax
Northern shipping. We propose to open our ports to tie
ecamescco u tAe world during tho war. W. propose,
through King Cotton to SLATER tlet blockade TO atoms
BIt above All, We propose 10 uilo and co ert the Cot
ton crop, thus eivng rclici 70 te government and tho
planter. Ihls propose TO do by declaring all csrp cs
free that the blocaae, allowing The SHIPS take back
cotton. We propose, also, to place general IN.
s,tagce upon our entire crop under TIE operations of
winch Lcoln care net touch bale Of our cotton. We
propose to 40 this ny making al he original bills, drawn
upon the faith u tbs coton cso payable abroad. This
hts our exchanges over Tie head u New York Introduces
our prod CO bills into The cheap icy markets there,
and being hypciecaied in iolmug basis OF credit, gives
Europe, TO the extent Of such hypothccaon advance
peFcnpiory right N oar crop, subject 10 the conditions
We may impose. The placing OF our cotton bills in Elropc
Is simple process. The PAINTER draws upon his factor
who giv,s the us piatoe wi Ii this difference that
instead Of tcce Il at Me south i'll Now York,
h accepts pay abe in Euroc at the point
To the ba kcr IN insurance oces, by issuing policies
OF insurance upon plantations, reflects the security
With these explanations, the following resolutions are
submitted for your consideration. Ii we are in eirnes
IL mean to wei TAX it is only necessary 10
strike al The root q tha present financial aad commercial
policy OF the South Let the policy Indicated in these
resolutions be adopted and thee VIII be need of ha
RAISING our own mel chants, aud midding cotton wilt
four months b. ing twelve pound, cash ID every
Southern market Utilize our cotten crop, open ports
strike down Northern exchange by legislation aud by
making all colt bills p ie abroao--thcsc niea
at once simple, dir and effective which we
need
Resolved. That extra discriminating duty Of twen
~ per cehtua be laid by Congress- by SPECIAL enactment.
or added to the tariff bil, upon all mporatas the pro-
ducton manufacture OF foreign countries which 81 all
be imported or shipped from or through any port city
oil the United States Of America and pty uf one dollar
per register on all bottoms entering any port Of the
Confederate states reIn any port Of the United States.
Reset, 3D. That direct income taxi Of twenty Ter
shall be levied by Congress Tor The period Of len
Yeas, upoE all foreign bills exchange drawn through
upon, remaed through, negotiated in and for &C
count ~ parties resident In the Omitted States of Amer
well n ten per oentum upon all bl's iotcs,
othe Obligations OF debt, Or contract, made payable in
any city place in the United States Of America for
Similar periee of ten years.
Resolved, HAT Minister Plcnipotcnary accredited
70 foreign courts be authorized to enter into treaty sipu
rtions t,rm OF with nations recognizing
Independence To grant To such nations the access ef
potS With their Ships and mel chandise upon the most
liberia terms winch Cong ess, in its Judgment, may con-
Resol,esr That Congress shall remit the duties VI on all
caig which shall run tho Blockade or be entered in
VIC alton of IL during the war, and that the seaport
Cites recommended in such cases to remit all port
and city dues.
Resolved, That every ship thus entering ports.
bringing valuable caIgoes of necessaries for people,
and supplies Tor brave COUNT ymen arms shall be
allowed 10 take back Europe cargo of cotton other
Southern proucc; provided that such shipments Of cot
tn Shall be for manufacturers account aud for actual
consumption.
Resolved, That the Secretory OF state shall appoint
Commercial representatives abroad, Ia accordance with
the Of Congress areaky passed in relation thereto;
and ii the appointment OF sgch commercial consular
class who best able represent the cantie
interests OF Our people abroad
Resolved, that shall be appointed as consul or
commercial representative who wiling proceed
Lis posi- Of duty and the gov dur
ing the war, without compensation
RICHMOND ITEMS.
from The Richmond In luiicr Oct l0.1