Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-09-10
The t0ttoH Trade.
Hss"ti6tiahs I" l1sGsfer tne Ii: 81 p~oI
Gotten Trade from N>sR S0sk sS az sautis
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| At d meeting Of the C0nncIl of the Liy
! erpuoi Chamber Of Commerce on Aug O.
Mr.. Monrhea'i. OF Mis- iaaIppI, vas intro
dnced by the Chairman as "A i D?lernt,, from
a Convention recently held at Memphis,
| United Htates, to discns5 projects for the
Internal improvement Ci the Southern
States and the Extension OF their Com
merclal Relations. MIR Moorhead he
| said, was anxIons to make Il statement to
| the Chamber. Mr. Moorhead was then IN
trnduceu to the Chamber tie stated that
he had been delegated by the Chairman of
the Convention held at Memphis to wait
upon this Chamber and other commercial
bodies ln England, and to lay before them
some of the results OF that tOnV VeAtiun.-
The object Of the Convention, which Waa
attended 10y dtlrSateA from all the south
ern States, and from Some of tho Northern
and Western States, was to discuss projects
for the internal improvement Of the South
ern States and the extension of THEN com
merce and he believed it9 resolutions cx
pressed the cOnviciiOna OF the people of
those States The prOdncts Of tho South
we're mainly shipped direct to Europe. but
its imports came by way of Now York,
which, purely az matter of business, was
clearly great expense and disadvantage.
of the Southern ports. Galveston was the
chief port of region larger than France,
and capable of growing the finest cotton in
the Union, Sea Island only excepted. -
Land could be purchased there ut much
cheaper rate than in the Northern States,
and was very much more fertile. New
Orleans commanded no less than 20, 600
miles of inland navigation aud no sug-
gestc,l tho rontc by water from England,
Via New Orleans, to st. Louis as less cX-
pnnSivo and plctisanter means of reaching
the Western and Northwestern States than
by Now York. Norfolk might be con
sidored the great natural port of the
Middle States, ana with o central position,
splendid harbor, and railway communion
ton to all parts of tho Union, it was ad-
mirably adapted for direct line of steamers
between Liverpool and the Southern
States. Several railway companies were
willing to assist such line by taking
shares and he did not think it improba-
bic that the neighboring States might aa
slst such pioneer line with n subsidy. The
advantages of FREQ trade. SO we'll under
stood Iii this country, We're gaining nd
hereuts IN the Statea, where n strong Free
Trade party already existed and was yigor
ously III action, and he thought he might
safely say that successive changes Wouid
now be made In the tariff III the right
direction"
In regard to emlgi alton he remarked
that very little of the great stream now
flowing into the States found It's way into
the South. Emlgrants We're carried away
10 tho North Western STATES, where any
return they might make to Enlope was OBJ
scuro and doubtful Emigration directed
to the South would return an unquestlon.
able advantage to Europe, for the emil
grant, ii he did not himself grow cotton,
would release those who would. The South
ern States had every advantage in soil AMI
climate, but no labor equal to their power
of production. The negro race was sta
tionary, and might now be expected TO de-
cline IN numbers, aa all colored races ap
peared to do when placed in conflict with
the whites. There was movement on foot
for the introduction of Chinese laborers,
but there were many who looked with re.
gret to the importing OF such a population,
alien III SO many respects, and thought of
the future with anxiety. Apart from the
mere labOrer, there We're brilliant open.
ings III the South for men Of capital and Of
special knowledge. In conclusion, he said
he should be thankful to the Chamber for
any communications which might bear up
Oh the means of Incl easing the commerce
Of the two countries, and thereby strength
enlng the bonds Of mutual Commercial III
terest, the surest pledges for peace and
mutual goodwill