The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-07-20
THE GREAT LABOR QUESTION.
INTERESTING INCIDENTS AND RESULTS OF
THE CONVENTION AT MEMPHIS.
FORMATION OF A GRAND CHIN RSE IMMI.
TION COMPANY. 80

ssh..t - t>T
FORMATION OF A GRAND CHINESE IMMI.
TON COMPANY.
THIRTY THO USAND DOLLARS SUB
5URi6ED.
- .tc.yV ajcZ, ,r9v
"A Ch1naman's speech-1sxpcrtcmSe OF q
south CarolAntan-What the Aaborers
vAal Cost and How to Got ThUm-Vvhat
Commodore Maury Says, &c .,Asc. -
The movement for the Introduction OF Chi
nese laborineo the soath has at last taken
definite shape. The convention OF those inter-
ested in the subject, which adjourned at Mem
phis on Thursday last. resulted in the foreaa-
ton of o stock company, to be called the
''Mississippi Valley Immigration Labor Com
nany." for the purpose Of introducing Chinese
laborers, to supply the great want of labor
experienced everywhere in the Mississippi
Valley and adjoining states.- The capital Of
the company is to be 81 GOO coo, with the p1lvi-
lege Of increasing it to g. 600 900. and all cap
italists end planters who feel an interest in the
movement are invited to cooperate and take
stock in the organization. Books for subscrip-
ton to the stock are at once to be opened in
Memphis, and the company IS to be organized
on the 18th day of August, by the election OF
twelve directors, who shall hold their offices
for twelve months, and until their successors
are elected. The directors are to elect one Of
their number president of the com pany, and
are also to elect secretary and treasurer, each
Of whom shall be a stockholder Of not less
than ten shares. The following are the
main additional features of interest in the
RGAN OF OPERATIONS.
The shares Of the company shall he one hun
dreo dollars, and every stockho,der shall be
entitled to as many votes in all elections as he
NAV We shares OF stock.
When tue company shall be organized, it
shall be The duty of the president and direc-
subscribed; which shall be paid when called
for, or the stock may be declared forfeited to
the eompany. The Company shall not. at any
the stock; ;nor stall they cali for pa,ments OF
stock oftener than once in every thirty days.
When 80 organized, this company shall take
the most activemeasures for carrying mto ef-
teot the 0b3ects this organization, by bring.
ing into this country the largest number Of
Chinese agricultural laboreis in the shortest
possible tame. 1t shall: provide proper accom-
ers upon their arrival in this city. until they
are engaged III fair contracts with employers
and 1T shall be the duty or the company to see
that, in the contracts with planters, the flghts
Of these labOrers be properly protected
In placing laborers, a prefsIenc shall in all
cases be given TO the stockholders Of this COM
Pany over those who are no. and ss between
writing, filed with the secretary. shall be frat
hlled; but this company reserves the right for
the first swelve months to exercises q Just dis
cretion by partially filing different stock
QT0YvSN uU1,o o1l r.
piled.
All contracts between theae laborers and
planters shall contain stipulations for Just and
k1nd En treatme9t and prompt payment Of the La
wi!ful violation Of such etipuiations. "
Il snalt Pc ths % duty Of said company in all
thingsto obey the laws OF the State and Fede-
raj Governments, and as early as practicable to
procure the passage Of law Of the State legal:
izing the company as q corporation. r,,e
Ihe company shall keep account Of all it's re-
cepts and eSpendiGures,! and shall make re-
ports to the stockholders by publishing con-
denked statement OF it's condition and opera.
tiODS quarterly. .n
Every oficer Of this company SHAH be a
stoekholder. Its executive officer shall give
OF directors. \. ~,
Books for the subscription of stock shall be
opened at such places (and shah be kept open
longer s as e msy hof
proper,) as may, be- determined upon by the
executive committee. The president OF this
convention fs directed to receive the names OF
tions from the different States represented in
the conventlon-who shall be constituted the
agents OF this company. and authorized to re-
celye m ~, stock in The company from the people Of
their respective States The president of this
convention shall appoint local committee OF
tour who ,shau have general supervision of all
matters relating to the organization of the
company, to appoint committees to obtain
al NOR rykt GkokA =
whlcn may be necessary in the future, until
the election of board of directors, and whose
acts shall be the acts Of this company.
THE COMMIT TEES.
TT Q following is q list Of the committees ap-
pointed, in accordance With tie above plan. to
open stock books in their several States:
. South Carolina T. D. Wagner, A. F. Ravenel,
Major Hutton.
Tenn,,sssee--E. NJ! Apperson. W. r. Hunt
!, Alsbama- General n. B.. Forrest, Colonel
Lyon and General Battle. SA.9f !"acesa ~;
IL aoSissaaEJSba sa.so Whlians Emile papfee
Mississippi-- Duncan. Daa,, Geo, W, ,Koontz
and General NJ. s. Blewltt. -
,1sa' + snt,loky - s. Trimble. p. g. Reed and
A Araan.asM: . .; i; Bell General T, ghpFeabiil
v.rsinia~A. M d, MoFaranel, i. i. Beach and
3. ii, May. g4gfatg
.ooai Executive Committee-Gener Giieon.
J. Pillow, Y. A. Cherry, j. w. Clapp and in Jge
Archibald Wright. Foe
THE FIRST sUBsoR.prIoNs.
AT the journment Of the convention tie
books OF stock were opened and upwards Of
$50 900 subscribed. Messrs. Koopmanschaap
h CO., of California, were the first subecr ibers.
putting down their n mes for $4,000. stssse u
General Pillow read w. let ter from General N.
b. Forrest subscribing $1,000 in, benals, or he
Selma Railroad. and ssaia ne would soon bs
ready 70 elnc!cy one thousand Chlnese labd1
ers. HethouYht he could procure subscrlp-
lions ofstock along the llhe OF me Selma road
to belween 500 900 ID $500 900 before sas 10th
Of Augusts II. ..,..o B. e. ,.t..s q.
:xlxE SUPPLY AND The NODE OF GETTING nABon '.
ExPRNsR on RlTRANapoaFA9Ios AND o.sy qy IA
Bon gooD, 90. S
On these subjects, AFTER 3 full and carefa,
consultation with leading Uhiness sxeercha1its