The New York herald., 1869-05-22
TENN

Tho Memphis Commercial COnventiou-ThIrG
Days Observation-Disclosures Facilities Re-
quired in tho South and West-State En-
courasement Of Observation-Disclosures Of
Duties on Railroad Iron.
MEMPHIS, May 81, 1869.
The Convention was opened this morning at the
regular hour. Numerous letters and kilograms were
read from distinguished persons expressing regret
ct their inability to be present, and sympathzing
with and endorsing the work already done; also
one from General Beauregard stating that the dele
gates to the New Orleans Convention would be
passed free both ways over the railroads hence to
that city; also the folowing:-
cordial thanks to friends and yourself for the
acon Of the Convention Our bonds quoted the Paris
&c FREMONT, for the Directors
Missouri editors -seventy-fve in number-assembed at
Pilot Knob, greet the Memphis Convention, and
country. WILLIAM j. COLEMAN, President
The Committee on Direct Trade made an amended
report, meeting the Objectionable clause discrimi-
mating in favor Of Norfolk and endorsing the direct
trade schemes naugurated at other Southern ports
and the report was unanimously adopted.
The Committee on Finances and Banking reported
resOlutiOns-"T the convention recommend and
urge Congress to SO amend the National Banking
laws as TO give the Southern and Western States q
fair and equitable proportion Of banking capital and
as their wisdom may determine."
Resolved That the convention favor the reduction OF
the Of the Obligations the
the public creditors
atures Of the varou: States to repeal all usur other
as D.
Various resolutions and amendments were offered,
but were voted down. General Dufr Green read an
elaborate memorial on the subject, which was re-
ferred to the standing committee
The Committee on Manufactures and Mining re-
ported in favor Of recommending the Legsla OF
the various states to encourage manufactures by
the enactment OF laws freeing the capital invested
In mining and manufactures from taxation, thus
inviting the world to bring It's capital and put to
work to develop our internal resources Congress to
exempt from duty the machinery for the manulsc-
ture OF raw material. On the subject of mining the
committee asks further time to prepare report.
The Committee on Agriculture and general busi-
ness reported in favor Of publishing the preliminary
report OF Commodore Maury on the physical survey
of Virginia; also for the appointment OF committee
OF three from each State 70 solicit aid for that pur
pose; also for committee Of i've to memorialize
Congress to aid the plans for connecting various
rivers, as suggested by Commodore Maury, and that
said committee also collect all statistics this sub
The report was adopted unanimously. Also for the
appointment Of standing committee Of hve to me-
moriaze Congress on subjects endorsed by the Con-
venti0n, and not referred to q special committee,
which was adopted; also for committee Of five to
correspond with the Board Of Trade at Manchester,
adopted; also that the convention heartily approve
the bulk gram movement recently inaugurated be-
tween ST. Louis ana Liverpool via New Orleans,
which was adopted.
The Committee on Railroads reported at great
length In favor of pushing forward the roads now
being constructed; approving the action OF the
Legislatures Of Arkansas and Alabama granting aid
to the railroads. also In favor OF eveeing the Mssis
sppi so as to make the levees o road bed; showing
the importance Of the completion Of the various
roads now under construction, and asking Congress
TO grant the right Of way for q railroad from Nor
folk to st. Louis via Louisville.
General Featherst0ne offered an amendment re-
commencing the construction Of a railway from
Ship Island to Jackson, MISS, which was adopted
Also an amendment asking Congress to abolish the
duty ON railroad ir0n which was adopted.
The report was adopted, with the exception Of the
clause asking Congress TO grant the right OF way to
Norfolk and st. Louis, which was res6cted,
The special committee ON time and place for the
next meeting reported in favQf OF another conven.
ton at Louisville, KY, o1 the 18th OF October next;
pare constitution to be reported on at the next
meeting; and that the standing committee shall hold
over which report WAS advpted