Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1868-10-23
THE COMMERCIAL CONVEN.
TON.
Report Of the BusinessCommittee
SECOND DAYS SESSION.


NORFOLK, VA, October l5.-The Con
vention re-assembIed at half past tel
O'Clock this morning.
REPORT OF THE BRISTOL CONVENTION CON
AITTEE.
The following is the report of the com
mittee on Business of the Bristol Conven
ton, which was called for during yester dayt
session, by Hon. John Goode, Jr. 1t wa
read by Gen. Malone
The undersigned committee, charged by
the action of the Bristol Direct Trade Con,
vention, with the duty Of ascertainiag what
charter, If any, could be obtained or made
available for the purpose of organizing a
company for the conduct of a steam service
between the port of Norfolk Va. aud the
port OF Liverpool, England, and the pros.
pect of raising, by subscription the means
necessary for the establishment Of semi
monthly line of such service, beg leave to
say :
|. That they have found charter, grant
ed by the Legislature Of Virginia at the ses :.
sion OF ie6o-67, in their opinion, adapted
to the object.
That act OF Incorporation is known as the
international Commercial Company of
Noriolk"-a copy is hereto appended-from
/
has been displayed in the powers granted.
! Under this charter, ample certainly for
| all immediate purposes, subscriptions NAV
al once he made aud an organization of the
enterprise effected
IL Your Committee have further ascer-
tanned that, under the existing laws Of the
! United States IN respect to ship building,
steamers suitable TO the purpose OF direct
uSa" ca"n"t be procured In the United
| States except az cost far exceeding that
0i Vessels built ia Great Britain aud that
British vessels cannot be registered and
owned on this side as American property.
Besides, II is well understood that the ex-
penses OF operating American built steam.
ers are greater.
In view of this state Of facts, your com
mittee would recommend the policy which
has governed the formation of the leading
steam lines Of the country, such as the Gu.
nard, where the system Of chartering Eng
lish vessels sailing under The British flag
has been succ"ss lully pursued aud this
plan OF operations is fully au horned by the
terms Of the charter TO winch refrieuce is
MADE. Ihls manner Of organization, IN
your case, aud which your committee would
recommend, viii secure practical, the re-
suits which you seek 10 attain: and At A cost
winch your committee entertain the bou.
vii be found within the compass of the .ev-
erai interess Involved m ihr success of the
enterprise Your comm ttee entertain the
belei that the org ,niZatIun OF COMPANY
uhaer the CHARTER referred 10, with 4 CAPT
tai % $685. will serve he immediat,. ab.
Jects IN sies, ami may be made, as we
lhe Oiss oi more extended aud perma-
heh' organization OF The service, rs success,
may justify.
III In Vic a al III. ra-s...,,t,l;,, ~
Bristol Co yenti9n al no early day, Your
committee have not had time to 30 mos, in |
thv maiter.pf subscription than, a. fir d.
practicable, 90 prepare the pubic MUD, /
mo1e directly intrtrsted IA tar great sub |
JecE, Tor action On this ucras on.
An your committee would venture .l ,
suggest, that IN their peiicf tie ume mas az
rived ior positive, practical action thai the ,
Hood tide Ia the affairs OF tnls import n !
moeeln, nj sud IN the fortunes OF our grra |
section OF The Am rican Continent, is now .
at hand, auO II TAX % aGvaut e. OF, cRunu.
fail TO lead TO ali these g.Or ous results, /
which the HAND OF nature has 50 generously |
designated rs st'suahie.
Ii Is al admitted fact sustained by the
statistical results recorded % the past histo-
ry Of the country-that The productive re-
sources ANA domestic demands Of the sec
tion, whose welfare OF rght you are espe
clslly charged 10 care for and 10 foster, are
more than ample 10 sustain the enterprise
your wisdom aud your patriot u are now
concerned 10 insIgurste.
Aud IN support of this declaration, we
would trouble you a. examine the sccOmpa-
nyiug table marked 2, tsbulated by the hand
OF distinguished cilzen, ia that day pres
ideut OF the Virginia and Tennessee railroad
company, John Robin Mcdaniel, E,q., from
the census Of 1850, which represents 10 IN
figures the sufiiciency of the
resources when may be commanded. The
census Of that year Is adopted for the rea-
son that ii more correctly represents the
Of the country embraced in the
table than that Of the year 500, ia view Of
the losses produced by the war.
But really more than the area embraced
by this table, all OF which is directly aud
tributary TO the great lines
IF railway converging upon the harbor of
Norfolk, may be confidently counted in es-
Iimating the territory whose trade would
inevitably and promptly come TO support
This great project.
The States Of South Carolina, Georgia.
Mississippi and Arkansas, whose
resources are given ia the accompanying Ia
bic No. 3, by their geographical position |
aud railway connections with your radial
lines, point to Norfolk as their most Rvaila.
bic port upon tue Atlantic seabord for the :
Of commodities with Europe
and we may add, with our oSn Eastern :
cities OF the Atlantic.
By the same authority, aud drawn from
he same sources, il Is stated that the entire ,
exports Of the United States for the year
1886 amounted in value 10 SSl0,5s6, $3.50. of
a hicn the Southern States exported direct
D. tie r own accouut the important part of F,
81 so, 300 $40, TO say nothing OF The Immense f, ,
amount al values Exported by this lection
hr ugh the agencies Of our Eastern cities
The importaunns necessary for TOO Slu,h :
based upon the average consumption ot im- y
,ofts hy tho eutro population OF tho United =