The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1869-07-10

The Commercial Convention at Memphis.
MEMPHIS, May 2O.-Delegates continue to arrive.
The number is now 100.
A number of resolutions on various subjects
were introduced and referred to Committees, in
Guiding one requesting the southern railroads to
hold a Convention for the purpose of establishing
an immigration corporation and taking measures to
SystematiZe also. asking the Government to aid
various roads also. one for the appointment of a
Committee to memorialize Congress for the repeal
of the direct land tax of 1860.
The Committee on the Southern Pacific Railroad
reported in favor of n line from San piego, Celifor-
MIA. through by the junction of the rivers Colorado
and ella thence TO Ell PasO. on the Rio Grande {;
thence to a convenient central point near the thirty
second parallel of latitude east OF the BraZos. over
in the State of Texas. from which main trunk feeder
roads should lead from st. Louis, Cairo, New
Orleans and other pCints-all having equal rights
and connection with the main line, while similar
roads from San Francisco and other points on the
Pacific coast shall have similar and equal rights of
connection. The Committee gave as the reasons,
that this line favored is the shortest connecting the
Gulf of Mexico and the valley of the Mississippi
with the Pacific coast. and though the Southern
Pacific coast is unoccupied, it presents easy grades
and the cheapest construction. with the most fertile
and hospitab.e soil that it is traversed by means
of water transportation at three points. affording the
greatest facilities for construction that this line
Will open TO the world the great resources of Ari-
IONA. and render more valuable the great stock
raising districts of Texas and New Mexico, and
stimulate enterprise there. secure n great portion of
bullion which now seeks Europe by hazardous con-
Quotas and smuggling vessels finally. that it will
encourage emigration and direct trade with Europe.
They reported IN favor OF steamship lines from
Southern ports. which should be encouraged by
subscription. and approving the scheme inaugurated
between Norfolk and Liverpool.
DIR. Lindsay presented q minority report, setting
forth the claims of Mobile, Charleston, New Orleans
and Savannah. which excited a long debate, pend
ing which the Convention adjourned.
MEMPHIS. May 22-Numerous letter kilograms
are received from distinguished persons regretting
their inability to be present at the Convention.
John &. Fremont telegraphs from New York his
cordial thanks for the action of the Convention in
regard to the Pacific Railroad. He said our bonds
in Paris are exchanged for 79 in gold.
The Banking Committee reported, urging Con-
gress to amend the National Banking law so as to
give the Southern States a fair and equitable por-
ton of the banking capital and circulation, by a
redistribution.
A resolution was considered by the Convention
IN favor of q reduction of interest on the national
debt by means of a consistent and faithful discharge
of its obligations to the public creditors.
The Committee on Manufactures reported in ia
vor of recommending TO the Legislatures of the
various States that they encourage manufactures
by the enactment of laws freeing capital invested
in mining and manufactures from taxing. thus in
wiling the world to bring its capital to develop our
vast resources. Also. that Congress exempt from
duty machinery to manufacture raw material.
Other reports were made in favor of the estab-
lishment of a Bureau of Manufacturers and Mining
i'll favor OF Government aid for removing the bar
at the mouth of the Mississippi protesting against
the construction ofany more bridges over navigable
streams unless they are large enough to permit the
passage of the largest steamers at high water also,
III favor of asking Congress to indorse levee bonds.
The Convention adopted a resolution to hold an
other Convention at Louisville on the 18th of Octo-
Der next.
\ resolution was adopted memoriaiizing Con-
gress in favor of abolishins the duty on railroad
iron.
Cuban.
HAVANA. June 3.-Gen. Pelaz. whose life was
threatened by the volunteers, went to Cienfuegos,
but the volunteers there refused to allow him to
land. He was eOmuelleu to return To Havana
his arrival here the volunteers demanded his
life, because he had sold his country, asserting that
he bad received 100000 to allow some rebels to
escape. Yesterday evening the volunteers assem-
bled before the Captain Generals palace and
shouted death to Dulce! Death to Pelazl'
Next morning a committee from the volunteers en-
tered the palace and demanded Gen Dulce's imme-
dlate resignation, declaring he was allied with
traitors. The resignation of the Captain General
soon afterwards announced. No act of violence
committed. The volunteers now have full
control, and are really the governing power of the
island. Several Lieutenant Governors and civil
officers OF high rank, accused of connivance with
the rebels. are to be Immediately relieved of their
Offices.
The Government accounts of the affair in the Bay
OF Nipe are much exaggerated.
The landing Of the fiibusters causes u depression
of business. The Spaniards are uncertain of the
future.
Information has been received by Cubans here
two expeditions of over 600 men. with arms
and ammunition, had landed and Joined the revoln-
lionary forces. They are represented as being old
and tried soldiers OF our army.
Desertions of Spanish troops TO the Cubans are
Increasing daily.
Frequent collisions occur between Spanish troops
md volunteers.
The Cu6ans are organized into two army corps.
me under command of Gen. Thomas Jordan.
An engagement is daily expected between Gems.
-esca and Jordan. TIE Cubans are confident of
'ictory. Gen. Jordan has over $500 American
roops.