New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-15
an alleged breach of the Neutrality act for other
onense. Very respectfully, GRosvENoR p. LOwRRy.
No. rs Broadiedy Eete York, Oct a. 1862
THE SOUTHERN COMMERCIAL CONTENTION
REPORTS OF THE COMMITTEES ON EMIGRATION
AND FINANCE.

|
AND FINANCE.
LOUISVILLE, Oct. 14.-The Convention ses-
sion opened 1890 D. NJ James W. Garey OF yir-
ginia, Chairman OF the Committee Emigration sub
mitted report which adopted after dis cusson
The following synOpss Of the report 1t that
the population of the whole country was according to
the and nearly ID S Ss S
OF lsSo tho population OF the two sections was North
1Ss Sa1 and Ssr r nW' r that naa
come into the country during the seventy years
more had settled in the North than f had se tRs
in the South According to estimates made every foreign
wealth. butt to be Clearly within the
your Committee will assume it to be $500 per head The
from immigration alone has thus been increased by this
enormous sum- The North has ontstrpped the South in
Commits is devise means Which may g'e enable the
south TO participate In the advantages OF immigration
war have adopted measures for the encouras cement
OF foreign Immigration. These measures have not been
Wholly with TesarS 70 southern
states and u.s. from ignorance and In some measure mis-
must be dspeed and the prejadcss removed and the
pendices Of the Southern States apply with equal force
prevails that the climate Of the South is unsuited to the
white man. Europe has heard Of the parallel OF &c
black and white labor in America SPAIN Italy Barbary
Egypt and Asia Minor. which lie south Of this line and
the Southern States inhabited by having tanned
black skins From this it inferred that the climate
OF the Southern States unsuted to the Teuton 80 long
these hurtfu prejudces exist the emigratng stream
Of Germans Swedes, Norweeians, Britons, and Danes
these prsjudices can best be accomplished by united
effort The plan contemplates State organizations for
tee propose that this Convention appoint q Gen.
eral Agent OF immigration; that the States be re-
hands Of the GENERAL Agent to be used in preparing
publishing transatlng, and circulating gratutously
among the emgratng classes report showing the phys
cal geography Of the States adopting this PLAN their III
dnstral resources the special advantages which they
offer the immigrant, and other information.
In reference to Cooe labor the Committee said the Inn
portanee OF Cinnamon and other Asiac labor does not
require the means suggested In the report That could
be accomplished by separate State and private organi'
.aons The future may develop the necessity OF using
Rord That this Convention conear the ososg reports sec
abroad Of Mathew Mau; spISep q S% for the dis
s Of s s h sesS,0Es ed ,Ss 5 s.s
Immgaon third that this Convention earnestly recommend the fore
bose Of T.. South and SoaS Tor ADOPTION BY ssf respective
The Psds Of The senate ssi sDssss the House each Of the d
copy this report and resolution, for such action to them
The Committee Emigration also made another re-
port in reference to the Oriental and Mediter-
Steamship Company, which, 30 far as emigration
concerned, was laid on the table.
The Committee on Banking and Finance made the fol.
lowing report action upon which postponed until
Friday The conclusions OF your Committee on Banking
try in the value OF It's productions, and all
financial must be determined In tho light OF this
fact second currency 10 not prOduconIof country,
and is not property but only medium to facilitate the
exchange OF property; third currency values OF prop
erty and rredeemabe currency regulate themselves
by each other that except temporarily the amount OF
rredeemabe currency In circulation IN no manner reEu
ates the ease OF the money market or Influences the rate
OF interest fourth an rredeenable currency retards
production by the fact that IL measures the value Of
property so unseady as to destroy confidence pros.
raes industry, unsettes society and should be and can
be banised from the nations exchanges Therefore be
Rsd That Congress he requested banking
law with efficient and certain for prompt REDEMPTION Of tue
With provision that TO be issued only last
the legal tender redeemed sD destroyed until specie
restored Second iha' Congress direct the See Of the Treasury
his possession, fast the net Of the Government
will allow the National Bank Currency
applied than be rnsh. under the conditions here
be the SOUTH toe
uhu the whole circulation be qnazel the basis Of
population Third that Congress drec, the Of the Treasury
his BY the necessities Of the
AMI the Psopleo their money markets ai business their
Adjourned until tomorrow.