Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-14
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n e1yleE eEof itRsi ness lFssh heqnradoptetLi
E = The reading Of the coInmittee's fepor
r showed that no rules had been adopted
and the call Of the States was proceeded
with.
n siMr.-5lG9 Kenss, oflARhAmsJ piidveS
7 that the Government be requested q
nakea reduction on machinery to nalzs
"A yarn, ia also irtr9dpeed 2 resolution
deprecating the unequal distribution o
the currency. ---
Mr.. Brooks, Or New York, rose to a
Epoint u order, and wanted fheisdalkga-
tEionstp ann0npce then aehaiThJe1!S The
chaiTmen Of the different delegations were
J EttIep pfflnouneed. :
Z | b, The Secretary then read list Gf the
I tstantiing committees, which Was too
lengthy. and unnpOfsant t0Bben given by
telegraph. IA g. ntlemsns having heard
the name of Eugene Underwood, OF Mimi,
4 init the Convention ioftenHE- thaT any one
eise, perpe trated 4 Joke by moving tRat
the gentlerlan from. .3EaRa be added to all
@oeios no eil Z fsieatlsfs e Rhe yoke and the
Mr.. McCabey of Ark, offered the folloK@
ing resolution, which was adopted hy n
unanimous vote amid great applause, 'rha
members rising$o their fact: - 49, p = -
Resolpsdy That this Convention, repre-
-senting- -eEaEgs STATE s-iR-zsths-zAaasricRn
Union, are deeply sensible of the loss sus-
tanned b57 the Whole country in the de-
mise of the late eX-President Franklin
Pierce, and sympathising with his sur
tyaring fa4IliIy 1Rt hen great berna Seineat,
hereby tendeF tefhenl the-Eirafdand CON
dolenoe of the American people.
And then the Convention adjourned, ~
-, During the morning session OF the Con-
Ventieny al fIu 70 Der Of fFfesalu eiORs ere Of
| tered, some of which were read and re-
ferred TO the appropriate Committees, and
others were referred without being read.a
.4i1 IL. AETERNooN SESSION,
The afternoon session of the Convention
met at 2 o'clock. There was good deal
Of eVInsion, and net much else 81 this
sessiokg HfsN III flF4flU g
1t began to be evident that the Conven-
tion wqulb not bs74iny1 harmonious
very Soon after the opening yesterday, and-I
Yhan anything Ike an Important measure
came qP today there Yas a disposition Oa
the part or the members to retard busf-
ness .eosi 1rsE sf1 Gl--h ZI
Mr.. Armstrong of Louisville, said there
would be a grand procession to-nAorrew, |
which would be participated in by the
merchants, manufactures, business men
and citi4ens Of Louisville generally, and
that II would tak0 at least four hours for
the procession 10 pass any given point,
and he thought that every member of the |
Convention would like to see The display, |
and he moved that when the Convention
adjourned il be until noon to-nnorrow. |
Thursday, and the motion was adopted. |
Hon. Erastus Brooks, of New York, of
fered resolution recognizing the necesS
siJy of atri-weekly line of steamers be-
tween this country and the southern and 1
northern ports Of Europe of sufficient ca
paclty and speed to convey tie United
states malls and such passengers as
may desire to emigrate from those ports
and also with view to procure such re-
Lief from the Federal Croyeramsnt as may
De necessary Tor its maIntenancs, and that
The tioYeruInent be meInorialized to aid
the project, and lIyrdirect stI bsi6ies, or by
awarding 70 { he said lipe the foreign mail
cclhtrss,l=-sstld 2iHs. OF stealslsfs to be buiH
with American capital, and to be n1sHned
and ofhcered BY American seamen, exclu-
Mr. P. Carls, efE Sew York. said he had
the honor to represent in the Convention L
the Mediterranean and Oriental Steam
NRF Figation CompRny OF New York, and
1he wis hea 90 read and offer totlie CeiISen-
tfon, 60 be placed on the records 81 rs pro-
ceedings, number of letters from our /
foreign ministers approaching and ap-
PrOElpg 0f the establishTnsnt Of the. line
~ sihielF 4tsfe reSe atesf, sfIeiS aSlSeaf tesub-
init the following far adopt.oni
WHEREAS. the OriButal and Mediterra-
mean steam Navigation Company of New 1,
York pnrposes 10 establish an American Z
line OF steamships between Norfolk, and
Dlher Southern ports, and CaSiiz. Mar
seilles, Venice, 8enos, and ether Meliiter-
ranean ports of Southern Europe,
and through the SueZ canal to the 4
East Indies, hereby thegreat staple 0ft
the south may have 0irect cJnE yllIee to I
S5uthern Franee and SK KitzerIand, and
-
safe and comfortable means to the States
Of the MON OF am intelligent class of
labbrers accustomed to the culture of ,
cotton, fax, and the mine.
And1 whereas, Nat q single line of
American steamers, owned by Americans
now plies 8etween the ports oftlle United
States and The southern European poFtsj
And whereas, The establishment of an
American line OF steamers, manned and
by citizens of the nited States, I,
and sailing under the flag of the Union, 4
viii be Of immense importance, and will
be powerful engine in restoring ouft
commerce to its former prosperity, and !
of bringing into the South q /
cl ass of immigrants verv essential to her
welfare; therefore be it
ReS0lred, That in view Of the COM 1
bined opposition of powerful foreign ,
steamship1l lines which. now mOnopolize
our foreign commerce and hostile to anY
American enterprise, that this Conven-
ton heartily approves of the objects of Z
the Mediterranean and Oriental Steam ,
y Navigation Company, and recommend to
the Legislatures of the Southern States TO
aSd end assist the C9npanY by legislation, 8
and by Offering a BsufityLfAF eTligrants in
-rOduced into the respective States: saidf
bounty TO bepaid inlSrate bonds, bearing
not less than per cent. interest, payable 2
in twenty years; which, together with the
al
mails, shall be deposited at such places as
NAY be designated, TO, form 3 ssilking
% nj for the nenS1it Of the same coiapally.
And-be it further % a9 - w
ResOIged, That this Convention recon- 3
mend to thea United States Congress to s
grant aid to the company by authorizing
he Postlnater- tSenersllo give tothecom- Z
pany the conveyance OF the mails to said I
ioreign ports during the corporate exist
snce Of said conpaiyi and also endorse
rs cpipOrativeF bonds. rQnhing twenty !
gears and Bearing interest not to exceed
j,per cent, TO amount equally to the ag- 3
gregate Of said Southern States' bonds, /
and such postal money 50 deposited and q
acerHing, as aforesaid, shall be used as a | G
sinking fund for said company. f
Mr.. Clarke asked the reference OF his I
to the Committee on Foreign G
Affairs. .u1,ra % yla
Mr.. Leath, of Cincinnati, offered the 9
tOll0N1ng: UTa 1eiHIrH .EG 1a1 -'ffeu p
WHEKEAs, The Secretary of the Treas
ary has, OF late, made it practice to sell
! part OF the gold coin in the Treasury f: ! s
and, With the proceeds thereof, has pur- {
chased $40 bonds at high premium; and :
Whereas, We consider such proceeding 1
IS unjust. impolitic. aud q great disturber /
# the legitimate commerce of the whole d
therefore iiilf q
Be ureSQtped, That the Honorable Sec
rotary Of the United States Treasury be
to desist either in selling the 7
reserved gold coin, or in buying the $40 Z
bonds, and thatgib is ~ceFtainly below the :
hgHitysof the CniteSl 9tates % 20 into an G
open market and sell, at a high premiam,
is gold COIN for currency which brings r.
price below what, on its face, -the United A
states promises to pay, thHs- showing to
he world that the Government of Ihe7 9
United States acknowledges its own cur !
'pn0y 70, he below gar, while. they also 5
-lairly show that gold is designed 10 be
lsed. as a speculative medium, and that it
3 also below the dignity of the Republicl
hat the Secretary offthe Treasury shonid
bay the SO bonds, Tor If these 5-20s are :
'edeemabie in. gold, the Government
,h0uld at once redeem at least SIS, ,000.0 600 ;.
II them. and cantinae totake.them mp att t
IN appointed time in specific tnu n4bers =
shoh a course would be honorable to +
pursue, and would have the gratifying
fleet Of bringing she 5-2os up,to gold par, b