The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-10-07
SOUTHERN COMMERCIAL CONVENTION.

Direc. Trade Between Southern Ports and
Europe FavOred-Government Aid for the
Southern Pacific RaiIroa6-A Yankee Finan-
cial Free Trade Pslicy Agreed Upon.
CINCINNATI, Oct. g. 1870.
The Southern Commercial Convention reassembed
at nine O'clock the President In the chair The re.
ports OF the committees were heard.
The Committee on Direct Trade between Europe
and the Southern Atlantic Cities reported favoring
the granting OF aid to American shipping. The re-
port was adopted
The Committee on the Southern Pacific Railroad
made report recommending aid by Congress to the
road near the thirtysec3nd parallel, with branches
leans. Adopted
Canals, &C., was very lengthy one One OF the
resolutions declares rivers channels OF travel and
communication belonging TO the people OF the
try and not TO be INSTRUCTED by individuals cor
p0ratlons.
CHARLES REEMELIus. of Ohio objected to this reso-
luton. He said two classes OF people have rights
on rivers those navigating up and down and those
crossing THIS resolution totally ignored the rights Of
transit, and was revival OF the old public opinion
raised by the Ordinances OF l787 but which has been
destroyed by the courts.
Mr.. STEUNARTT. or Missouri, had no design to OBJ
struct railroads, but 1t was the desire OF the commit
tee to prevent railroads from unnecessarily obstruct
ing river navigation
motion was made to amend by inserting the
word unnecessarily before delay The amend
ment was lost The resolution and report were then
adopted by the following vote:-
YEAsAlabama 8; Arkansas, 4; Forida.TS Georgia, IL
Mississippi Missouri 1o Massachusetts Ohio 2i Ten.
nessee South c.rolina Pennsyvania. a Texas vr.
Ken;ncky Il Maryland u Michigan s. New York.
The report Of Connecticut recommending free
trade in money and the repeal or the usury and
habits by which money contracts exceptionally,
and the amendment to the banking laws as to
take the monopoly from banks In supplying
rency, was adopted and subsequently recommitted..
In the afternoon session the resolution In favor OF
the early completion OF the Atlantic and Pacific
The report OF the Committee on Free Trade in
Money, which was pending at the noon recess was
taken up, and the f1rst resolution, recommending
the repeal OF the usury laws and OF all the statutes
by contracts IN money and treated exceptionally,
was adopted. The second was lost.
n. N. Bishop, OF Ohio, onered report OF the
committee In regard to public lands which was
adopted without discussion, The report declared
United States to regard public lands,
EOr as capital or source OF revenue but as the
means OF Increasing the population and wealth OF
the country. The report recommended the appoint
ment Of a committee OF three to memorabilia Con.
The Committee on Free Wharfage made report
recommending Congress to leglslate with view to
the reduction Of rates that are now excessive.
Colonel GAsKILL, OF Georgia, considered the re-
port as asking OF Congress to invade the rights OF
the States, and he hoped all OF these were not lost
by the late war; Congress mad no more right to TX
the rates OF wharfage In ohio than 10 fix the price
on beef or pork.
The report was adopted.
E. A. Jones, or Tennessee, made report OF rail-
road facilities from the Ohio river to the control por
ton OF the South, with resolution In favor OF re-
commencing to the Legislatures OF the different
States and also OF the counties and municipa author
tiles through which they may pass by the following
lines OF railway and ask liberal legislation there
for:-First the Cincinnati Southern Railroad; sec
ond, the Louisville and Chattanooga Grand Trunk
Railway; third. the Cumberland and Ohio Railway
The report was adopted.