The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-02-08
Iitbfnon1 gispaht.
.-...,.s .r KaiivsaA ODcsrs.

49,
~.. c.,v.,.,sn Or KaiissaA 0Dcsrs.
,,,. t,,uv.ntiou, having for lie object the
.,or,,on Of measures to sec ufs asupply Of
.,.,.r,., for the railroads Of the South. as
..n hlsd st the Oouuoii chamber In this city
-, "wednesday last, and adjou med yesserday.
.ra, having accomplished Its object. 10 far
a. t was possible. In . satisfactory manner.
Mr. Goodman. Of the Mlssissirpi Gen trb.
x~.s President Of the meeting. and MIR. Ohns.
n ralco,t, Of the Richmond and DAnviile,
secretary.
The following railroads were represented
"a the 10 ven ton. In most instances BY their
Presidents;
Memphis and Charleston.
Virginia Central.
S,uthaide Railroad.
Petersburg Railroad.
Kichmoud ana Petersburg.
Kichmond. Fredsriehsssrg and Potomac.
Virei pln aud TsnnAASeA
YORK River.
Wilmington and " eldon
Orange ard AleA andria.
Richmond and Danviile.
Mississippi Central,
Sopth srn misstssippi.
Memphis, UiArksviils AID Louisville.
Washing ton Count Texas.
Western North Carolina.
1rsehviiie and Columb in.
Manassas Gap.
There were In attendance, besides, num-
Der Of Superintendents and other railroad
oficera
] he plan adopted by the Conyenho to
carry ont tAs purp osss Of the Convention. Is
~ substanc6As follows It divides tbs rail.
roads IA .he Confederate States into four dis
:ricts, on the assumption that II would be
,laposstbie for such O vast number Of later.
ests 10 work together ndyantaseously. Tue
railroads IL Virginia constitute olo division,
tRoee East OF the Savannah river, and South
OF W.Idou another; those South OF Knox.
vie, East Of the Tola bIgDee. spd West o! the
Savannah river aautacr aId those Vest Ui
Chattanooga and the ToMbIxbse EAst Of
the mississippi. river. aud Sout OF Rentucky
enc Aer.
A Central Rolling NIL !s t. 20 located In
each division. with such machtn0 sEopa nd
tuuEdries as may DO necessary the cupit tai
requisite to put these wor Ks ia operation to
be subscribed and paid BY the roads belong
Ing 10 the respective divisions. The atiuira
OF The rolling mills arc to be managed by a
Hoard Of Directors In each division, CONSIST.
ing oi the President. OF the roads, and they
are 10 loca " the mill to the best advantage vi
mo roads coneerned-to dx the price OF ma.
terial and transportation-to ssI.ct and ap.
loluts General Superintendent toA the works,
aha hx the capital necessary 20 carry out the
seaeIae, ana the manner OF paying III tho
Sane. Zach road aud il terest to furnish all
,ns Odd material Ihey CAN spure
The second part OF the plan 10 in substance
az luliows In the event that the ronds Con-
stiluuI9 either division should fail or de-
cline TO establish mills as above provided,
the roads are p lodged, II 1t shall be found
necessary, 10 make advances 10 individuals
or associations VINO Will undertake 10 estAo-
Ism the same. 70 the extent aud upon the
Ls.slr hereinafter stated: that any person OF
associa non VINO may establish and put III
operation, within eight months OF the lst VI
January, lss1.aa manufactory OF raiiroAa
supplies wLlcn shall be approved by the con-
pan as. they viii contract " purchase OF them
annually. during the present waIEAnd for
tein OF three years from the cl0ses4t the
war, such supplies as they shall maniac
turo. " the extent Of the requirement. OF the
several companies, for repairs, consumption,
sri equipment, for the period named. at u
pr1oe NOT greater during the continuance OF
the WAY than fifty per cent. upon tho rates
,urrent for articles Of like ality on the LIST OF
July, 1866 IN after the close OF The war an
advance OF not more th.n thirty per cent.
upon the actual cost OF tTanspor tation Of
similar articles at the time Of purchase, ex-
elusive of import duties. In addition, the
companies agree TO make loans At six per
cent. interest TO ndivid uals who establish
such man ufsetories as may be approved Of,
to an extent not less than ffty nor more than
seventy five per cent. per mile OF each of said
roads, for term not to exceed three years
The amount loaned 70 each individual to be
determined by tho roads, but not to exceed
n the %ggrsga ate the above Limitation. Man
ufsctortss 80 established to give the prefer.
spce to roads WI no have loaned their capital.
vsntiou pledge themselves to call together
their Boards, and sec o re action upon the fore
going plan. at an early day.
Several resolutions were adopted by the
Copven ton, OF which the following Is the
most important:
Rasolred. That In the opinion Of this meet
ing II Is Of great impor tanes to the defence Of
the Gonfsderacy that every facility sho uld he
extended to the development Of the mineral
wealth Of the Confederate States and as u
large proportion OF this wealth 10 now
owned by alien enemies, An earnest Applica-
ton b made to the Confederate Congress to
pass law coudscating and selling tho int
rests In the property % owned by nlien enc.
mics In the various mines OF minerals, which
Will enable Southern operators to work the
sams.