Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-22

speaking to Merriwether, the committee
1 did not intend to recommend an increase
of currency, and insisted on the adoption
Of report entire.
Gentleman from Kentucky moved the
previous question on the report and
amendment, on which the vote was taken
and the previous question called.
The vote was then taken on Merriweth-
er's amendment and lost.
The question then required on the orig
inal report, which was unanimously
adopted.
The report of the next standing COM
mittee in order was that on
MANUFACTURES AND MINING.
This committee made no report, except
in the matter of the following resolutions,
referred to it for its action:
Resolution of T. b. Micou, of Alabama,
as follows:
ResoIued. That this Convention do re-
commend the Legislatures of the several
| States here represented to encourage
home manufacture by enactment of
laws, relieving taxation capital in
vested in mining and manufactures, Illus
inviting foreign capital to invest among
US.
Report faWorably and move to adopt.
ReSOiVed, That the Congress of the
United States be memorialized to report
All uuLltS on MldCIlneTN 10 De uStu lOT
manufacturing raw material in the United
! States.
Report favorably and move adoption.
WHEREAS, The Government has here
tOfore gathered and published the facts
relative to the cost of producing cotton in
India, Egypt and elsewhere, in countries
competing with ours in the cotton
markets of the world; and whereas, 1t is
highly probable, if not certain, hat u
/ anrfOn g8n no mann foot N rod at hnnan m
greater advantage, and that capital and
skill would be largely employed in the
increased manufacture of finer material
if an elaborate statement of facts showing
the relative cost and natural advantages,
and the most efficient process of manu-
facture at home and abroad, and that the
proper means to be used and route in
reaching foreign markets with our cotton
fabrics, the cost of transportation to these
markets, including interest, insurance
defferential duties, ETC.; therefore
Resolved, That this Convention respect
fully request Congress to authorize the
Secretary of the Treasury through the
Bureau of Statistics that in their wisdom
they may deem best. to prepare fun re-
ports on this subject.
Approved by Committee and recon-
mend to the Convention for adoption.
On the motion of -, as follows:
WHEREAS, the great mineral
Of the embarrassing of gold, iron,
copper, and almost every other mineral
have been but partially developed, and
their great value hitherto overlooked and
neglected; and whereas, the national adj
Vantages for manufacturing, of climate,
water-power, timber, and fuel, all are
equal to hat of any country or s%eetiOn;
and whereas, to a proper appreciation OF
these great sources of wealth to the South
and the whole country, an elaborate
statement of facts showing the quail
ity n quantity of the different
ores and minerals, and the facilities
for manufactures is indispensable, and,
whereas, the limited time of this session
Is wholly insufficient to enable your COM
mittee to properly represent these inter-
ests; to the end, therefore, that the COM
mittee may be enabled to present to the
members OF the Convention or to the
country such a report, here respectfully
ask further time, with the privilege of
publishing our report without recommen-
dations from the committees, with the
proceedings of the Convention, ar1 to be
submitted 10 the next meeting of this
body.
The committee report favOrabIy aad
move its adoption. All of which are
signed by II. NJ. Lowenstein, Secretary.
The previous question being moved, all
of these motions were adopted as recon-
mended.
The next committee in order was the
committee on
mississippi RIVER LEvEEs.
Gen. Acorn, Chairman of the Commit
tee reports as follows:
WHEREAS. The subject of rebuilding
the levees of the Mississippi river, in such
a manner as viii afford permanent protec.
ton and security for the vast allgSial
fields bordering on this river, iss68e
which should command the early and
earnest attention of Congress; and
Whereas, The advantages to he derived
BY our whole country, from a restoration
Of these lOwlands-the most valuable and
productive of the SOuth-to a condition
BY which they can be worked without
danger from overflow, are almost incalcu-
liable. Therefore,
ReSohred, That the commercial and in
dustrial interests of the country, without
reference to section or class, would be
greatly promoted by the reclamation of
the rich lowlands Of the Mississippi val
ley, bordering on the Mississippi river.
ResOlUed, Tina we earnestly invoke the
early attention of Congress to such legis-
iation as may be necessary to extend the
aid of the Government of the United
States to the States of Missouri, Missis-
sippi, Louisiana and Arkansas, by the en-
dorsement by the United States of the
bonds, in such sums as NAV be
necessary to rebuild, in a thorough and
permanent manner, the levees of the Mis-
sissippi river, when these States, by salts
factory legislation, shall have provided for
the interest on the bonds, and for their re-
demption at maturity.
ResOJUed, That a committee of one from
each State represented in this Convention
be appointed to memoriaiize Congress on
this subject, who shall be charged with
the duty of endeavoring to procure legis-
lation in the form prescribed in the fore
going resolution, or in such other form as
may best secure the objects in view.
Gen. Ruggles, of Virginia, moved the
previous question, and the adoption Of the
reports.
Gen. Acorn said the friendsofthe levees
would waive ali discussion. as they desire
TO cOnfine themselves to the line of right,
and not waste time i'll discussions. The
great agricultural interests of the land,
which, in its palmy days exported three
fourths of the entire exports of this coun-
try, is being crushed by combinations OF
the most gigantic character, and if prompt
and effective action were taken before ten
years, not a bale of cotton will leave this
country for the looms Of Manchester.
The rules of the Convention allowed
him, as Chairman of Committee, twenty
minutes, but he would yield his time to
his distinguished friend, Senator Welles,
HDiii MiSSOuEi-
Senator Wells then took the floor, and
amid cries of 1.-THE stand" he commenced
to speak in a clear, ringing, sonorous
voice, tina o convinced his hearers that
he did not need to take the stand to be
heard. He said he could not consent to
let this report pass by without discussion.
1t was by far the most important report
that had vet been brought before the Con
yentiOn. 1t affected the reclamation of
the richest valley in the world, millions
millions Of acres in extent. The
only way out of our troubles. as he
said once 20 the Chairman of the
House, and that is to dig out.
must pay our way out of
debt by the soil. Reclaim this valley
from overflow. and where could you 90
with a better chance to do so than in this
great valley. Last year this country eX-l
ported Sl67, 600, 600 IN cotton, and as much
more in other products. There is no rea-
son why this may nOt be doubled if we
this valley.
The honorable gentleman then pro-
eeeded to show that the United States in
stead Of being a producer in the markets of
this world, the balance was against her.
which gave rise to the celebrated retort of
when asked why he did not
lend to the United States. His reply was