The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-17
THE NORFOLK COMMERCIAL eosvryrr,s.

THE NORFOLK COMMERCIAL CONVENTION.
~~~~~~>~c~~~~~~~~~>~~~
Second Days Proceedings Euahu..
siasn-Report OF tho Committee Adopted.
Organization Of the InteTnafional Commer-.
eial Company-The Basis OF Direct Trads
Resolved Upon-Interestins Preceding
Parade Of the Firemen-Pyroteehnic DisA
play.
| NORFOLK, Va, Oct Is, 1864
The Convention met this morning at ten O'CLOCK.
agreeably to adjournment, the full attendance or
delegates being present The galleries were crowded
with visitors, and everything indicated an unabated
enthusiasm In the great objects sought to be accom-.
pllsned by the combined wealth and intelligence OF
the states or North Carolina, Alabama, Tennessee,
Kentucky. Missouri and virgnia-that OF establish
Ing lines OF communication with the Great West,
and direct trade with Europe by steam.
The President, George w. Boiling. having called
the meeting to order 1t was stated that the Com
nlttee on Business were ready to report through
their chairman. General William Malone then came
forward ana read the following report
The committee charged with preparing business for tho
es % a s and PEI S
; and BE- er saa nP%
A e. ss 81 thu 1sss%y co a so
folk and for this purpose they herewith submit form or
The q
y a'
e e eg s sas e %
the and s. s sn IN v y ~ q Inc o
ance OF this work to the whole country this Convention
OF great and immediate NATIONAL importance.
General Malone, Colonel William Lamb, Mr.. john
son, President of the Raleigh ana CASTOR Railroad,
and others spoke strongly in favor OF the report,
| using arguments that were insurmountable.
Colonel Lamb. well known as the gallant Confed.
| crate officer who defended Fort Fisher when IL was
captured by General Terry and Admiral farsagut,
| spoke as follows
Mr.. PREsIDENT-I have been requested by the dele
cation from Norfolk to report in favor OF the report
| submitted by the Business Committee to tas Con.
ask 1or a nc. for FEW oees 70 few
practical suggestions in re ard TO this charter I
believe that If this Convention is to do any work at
ALL if 1t Is to be o working Convention,
| 1t must be by an organization under this
charter. And allow me IN the outset to
say that was very much rpri5ed to hear gentle-
man from Tennessee arise anu tell us that his people
did not expect to subscribe TO this steamship COM
pany cannot believe that he represents ais people
| as the Tennessee delegation. tApplansel The gen.
tleman SAYS he was deegate to the Bristol Conyen-
| ton; and what did the Bristol Convention call fora
Why we were to raise steamship line to run direct
from Norfolk to Liverpool. Certainty, II they ex-
was no need of our travelling away to Bristol to do
it. Cries OF ''That's so'p And besides, was not
! tee that recommended the appointment OF this
| very committee to get this charter and to raise
me; il not, must repeat that am asonished ne
should open this cause by stating thai tennessee WIZ
not Join US practically IN THIS great scheme s OF drect
feel as do the Importance OF the occasion OF this
Convention In my opinion. II we adjourn ' without
it back twenty years; we will be the laughing stock
| Of New York and Baltimore and especially when we
have charter under which we can legally organize,
and by the small subscription Of $30o00o with ten
per cent paid, we can raise fund hat viii enable us
| This scheme, gentlemen, has been the dream of my
boyhood and for twelve years have tried to make 1t
| the war I WAS interested IN this direct trade.
went from convention TO eonvenloy but instead OF
direct trade with Europe it was direct trade Win
Africa. Applause and laughter.) And l was inter.
ested in direct trade during the war. was on the
Cape Fear river, and had thirty odd steamers plying
| have been the jealousy Of the Baltimore and Ohio
| Railroad and other Northern organizations that
made them send down Ben Butler with shpful 9, Of
| powder 70 blow out the bottom Of the Atlantic
Ocean Applause and laughser B1 my friends,
but second gallant federal general, supported
| by brave admiral Of the federal navy, did
scheme of direct trade with the South and came
well nigh extingushing me also. (Laughter) Crhe
Now, gentlemen, since the war have been engaged
Ia correspondence with European capitalists, and In
1903 got this charter rom the legislature Of VIZ
your cooperaton-the co operation OF Tennessee, OF
Kentucky North Carolina, Missouri airl Ilrsinla-5
scheme viii be an established fact tAppiause:l
| Now, gentlemen, wish to speak to you as neIs
ng to run vessel om Ne% e
| and back, giving us six weeks to do 1t in. Now,
haoT sas and D oSy a W
to raise for the return cargo. Well the difficulty that
tho merchants who have tried 1t experienced, was
from the fact that. although we have the cotton and
tobacco and other staples to send to England, we
found it impossible to get the lmportatons, as we
could not promise any regularity In the line from
Liverpool to Norfolk ana Tor this reason, we felt
that II we got line established for six months,
after it would receive sufficient impetus to keep
on But we felt that It would require q heavy ex-
penditure to start the enterprise and that l. for n
stance wou1 os sldk come H. with better and ser
line Of steamers, and thus reap all the benefits Oh
my UNDERTAKING But II y different WIN an organ
| could have q fund OF $4,000 cash to start
| the scheme Then, gentlemen, l ask you *
believe that direct trade is to come wsrn see your
| names down on the subscription list. (ApplauseJ
be ten dollars and larger anares in proportion Now
i gentlemen, these shares VIII prove an heirloom TO
| them for their benefit. II there be bachelors here
with no one TO leave their money 10, invest IN tns
you have children, buy share each for all Of them,
| and, by the way, would remark to the gentlemen
In rsgSrd to taking snare eaG vr
before every door at least eleven children the Oldest
Of whom was hardly able to keep the young
the hal-"How about man who has no
childrenfD In that case you can take
share for yourself and the old woman. Q.aughter.l
| Let US commence the work. Let the chairman OF
each delegation get large a subscription from the
| delegates as possible AMI it will successfully in
| augurate the work. would tell the eloquent gen
temen who will be called to-day to address us
that though they speak WI the tongues OF men and
angels without they subscribe 1t wiz be a. sound
| ing brass and tinkng cynbals hope TO sec my
4 friend from Memphis VINO opened this debate bv
opposing subscription, the first TO subscribe zap
plause
When Colonel Lamb had retired the Chair sub
mitted the report OF the committee to vote OF the