Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-12-19
ON THE RIALTO.
Regular Monthly Meeting OF MGR
chants Ycsferday-Matter Of lm-


Regular Monthly Meeting OF Mer-
chants Yesterday-Matter Of I'm
p0rtanee Transncted. -ifl
The members of the Chamber Of Com
merce met yesterday afternoon. A COM
munication was read from Captain John
Cowden, with reference to the redemp-
ton of the low lands on the Mississippi
from overflow, and perfecting the great
highway from the Northern lakes to the
gulf. The following resolution was
adopted on this question:
Resolved, That the chambers Of COM
merce, boards of trade, and steamboat
mems associations Of the cities Of the
valley of the Mississippi be requested to
send delegates to o convention to sit in
the city Of St. Louis on the 22d Of Feb
ruary next to define general plan for
the perfection Of the navigability Of the
Mississippi and its tributaries; for the
opening to the commerce Of the great
lakes and the Northwest; for the iron
and coal feidH OF the Ohio valley Of
navigable highway to New Orleans,
thence to the sea through ship canal
for the largest ocean s.eamersI for the
prevention Of foods, by tie diversion Of
rivers one into another, through outlets
and canals, and thus the redemption Of
the low lands from overflow and the
utilization for commercial purposes Of
the waters of the West.
THE MERCHANTS TAX.
The following resolutions were adopted:
Resolved, That the merchants of Ten
nessee are now forced, much against
their will, to appeal to the courts for that
justice which the Legislature has per-
sistently denied them.
Resolved, That the expenses Of de-
Tending the suit contemplated in the
above resolution be paid by private sub
scription obtained for that purpose.
Resolved, That committee of three
be appointed by the President of this
Chamber Of Commerce, whose duty it
shall be to employ learned counsel to
defend their cause, and to make all nee
essary arrangements to bring the ques-
ton Immediately before the proper judi
cial tribunals.
Resolved, That merchants throughout
the State be requested to refuse payment
of taxes until the final decision OF the
test case, which we propose to immedi-
ately make.
After reciting string of preambles,
the following resolution was read and
adopted;
Resolved, That the Board Of Cotton
Exchange Of the city of New York be
requested to join in memorial to Con-
gress to refund the tax collected on cot
ton during the years 1866, 1866, 1867
and 1868. ialf
COTTON INSURANCE.
Mr.. Patton, Chairman Of the Commit
tee, reported the following resolution,
which was adopted after considerable
discussion:
Resolved, That the rule be made and
is hereby adopted by this Chamber of
Commerce, that cotton sold after this
date be held at the risk of the seller I'M
til removed by the buyer or paid for.
1t was resolved by the Chamber to re-
quest the Secretary of War to make
Memphis full signal station.
RED RIVER COUNTY.
The following resolution was adopted:
Received, That it is regarded as a
measure of the first importance to the
trade and commerce of the country that
all distractions should be removed from
the Red river in the States of Arkansas
and Louisiana, and looking to this end,
we cordially recommend to our Sena-
tors and Representatives in Congress to
favor the passage of such appropriations
as will insure the early accomplishment
Of this purpose.
The Chamber adjourned over to the
next regular meeting, the fourth Mon
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