New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-06-25
THE COTTON MERCHANTS.

A meeting of cotton merchants was held at
DenOncos lower hotel yesterday. About r. Mr. Baker,
of the firm of Duncan, Sherman Co.. called the meet
ing order and 1t shortly after organized by the selec
ton Of Mr.. John H. Earle as Chairman, and Messrs.
and Bell Secretaries Before the character Of
the meeting was announced Mr. Baker desired to cor
rect an impression that this meeting had been called by
Messrs. Duncan, Sherman Co. The firm has signed the
call the many others, but had not called it first
themselves.
Mr. Earle, the Chairman then explained the object Of
the meeting, remarktng that some persons supposed u
was the held Thursday by the cot
holders. IL was, however not so by any means but
the calls for each had been inadvertently issued for
about the time He called for the expression OF
the opinion OF those present and hoped something inn
porant would grow of the meeting to the interests
The Chairman was followedby Mr.. Fielding who spoke
of the abuses existing and asked were there means 70
he adopted to correct them lie would IKE to see the
matter tried, and suggested that Committee be appoint
ed TO confer with the Committee of the cotton holders
and that both take steps TO put stop To the abuses
On Mr. Fieldings motion being seconded, that gentle
explained that point Of complaint was III the
system Of the delivery of cotton, and another that
they had now TO rely upon the sample of cotton ex-
pOyed for the purpose Of testing the quality OF these
samples and if demanded the bales should be opened
He also thought the contract system should be snplted
A remark from Mr. Hulse, that he understood this
meeting called that permanent Organization might
that such was undoubtedly the intention, and he there
fore hoped gentlemen interested would advise with the
put in the form of resolution, as follows:
Resolved That Committee Of nine be appointed 70 confer with The
with power authority draft such resolutions and adopt such
shall accomplish the object for which this meeting was called and
perfect organization Of the trade.
The resolution being adopted, the Chairman named the
Committee which is composed OF the following gentle
men, which would represent he said all Interests as
well of buyer Of seller: Messrs. j. b. Kitchen, VIM
Woodward, ir., Eugene LentilhOn, Hy. Hentz, Ii. T.
Baker NJ NJ. Fielding, F. W. Williams, Cheesebrough,
j. Seth Blagden. . -, ,,.
tees could not agree the Chairman replied that he could
not see ground for disagreement but on the contrary,
everything indicated harmony.
Hitherto said Mr. Whitlock, jr every effort made 10
the end now proposed had failed and this because an
organization effected Oh proper basis lie
did this of but rainier 10
encourage the present Committees IN thelr eHOrs e
upon certain rules they might accomplish great deal
1t might he called the Cotton Association OF New-ipIk
or ANYTHING else 30 that they bound together
They might be associated under the laws OF the state
then would he legal and violation of the rules oouu
be punished -, A., -
After Mr. Whitlocks remarks motion to adjourn pre-.
the Committee when they shall be prepared with