, 1873-09-16
A NEW AVENUE OF TRADE.


Proposed NnrroVv.Gnsfgo Ieond from
Luke superior to Foot Point, s. @.
TO The Chicago Hoard Of Trade:
Can you inform us, in this benighted region,
first, how 1t Is that in tho general telogrhphio
reports OF tho grain and provision markets OF
tho United stntoa sont to tho Charleston and
Savannah papora oyory day. Chicago IL entirely
ignored, whilo Now York, Baltimore, Philadel-
phsa, Cincinnati, St. Louis, Louisville, and Now
Orleans, nro carefully roportedS This thing
has attracted my attention moro than onco, and,
but for somo private correspondence with your
city, it might havo occurred to mo that tho
cittea OF New York and Philadelphia had quietly
wiped her out, as being an unnecessary nppen-
dngo To thoir commercial systotn. It Ia true
That tho millions OF bushels Of Indian corn that
wo uso in making our cotton crop and naval
stores, and that food our people generally, aro
bought in New York, phi1adclphia, aud
Baltimore, through comnisBion-morchants,
tho Hmnl1 matter OF ~ per cont
being of no moment to tho Chicago grain-denlor,
who AndR futuros q much snfcr and 1esa trouble
somo way Of oarning IN honest income. But,
admitting thabFwo nro not directly Interested III
prices on tho spot in Chicago, STILL tho informa-
tion, when wo do have it, affords ua an oppor-
tunity.of noting how much it costa 10 got corn
from tho point TINT wo used to look upon rs the
groat grain mart Of the world,
Our Wholesale rate in tho region south of Cape
Hatserag to St. Augustine, embracing tho States
Florida, Mabama, ind mississippi, during tho
past yonr, has averaged 90 contH On tho coast,
sacks included, md 85 ceuts to 81 per buBhol III
tho interior. Common Now York shipping hay
ton, N. g. Cargo-corn is this day quoted IN
bulk at s5 couts; Pennsylvania lay, $50. For
morly, much tho creator portion Of
our corn canao from Wilmington. In
Savannah, corn is IL good demand, Wholesale,
orn, and Of to o7 conts for whito; New York
shipping lay. 928 por ton; Eastern hay, 933 por
ton. Most Of this stuff goes by railroad into tho
interior; By rail from Jacksonville Fla, savan-
Tho yossos tint bring this corn, hay, bacon,
whisky, tobncco. &C.. accommodate ua worry
much, We admit, for God only knows how the
imn,ouue number Of cotton-producera would bo
fed If tho aupply depended upon ralroad trans-
Que merchant horo aent m order to st. Louis in
December for corn, oata, and hay, to supply
Government contract, and, though Ills order was
psS5p& ayS5 & ' a tna 5 Wea ut "an anr os f.
got veaselH to bring ua this corn from
tho ports north Of 1Iattoras We aro obligated to
ship our cotton to Europe via Northern ports.
It is true that this ontai!a an ayorase extra cost,
Ac., Of 80 to Sc; but, admitting that only half
OF our cotton-crop goes by that route, it does
not tako much out OF our pockets, for $2 0O0,-
QUO bales at So por bnlo is only $50, 900 QUO por
Rnnuln, and whit la thut-n mere bnEatouB-
to The rich Soath' ...
This is tic logic Of the Now York and phila-
delphin hrilroad' Princes, the cllief Of whom is
tho Vicc-Prcsidont Of tho Pennsylvania nail-
Tho Southern people have no credit, no means.
They laye boon so systematically destroyed by
tho Southern Security Company, and such rings
III New York and Philadelphia, aa to 30 paralyzo
this section Of tho country that It may fall an
easy prcy to the avaricousnoss Of tho Mani
Tho citizons Of South Carolina and North
Carolina fully realizo TINT they have been labor
ing under great disadvantages from the o1cos--
eivo ra.es charged on Woateru produce carried
to Now York, otc., and 1oahipped by yossol, and
agan by rail, to them; and do most earnestly
invite, not only tho Board Of Trade Of Chicago,
but the Boards Of Trado in tho West generally,
to look Into this matter. There is at Foot Point,
Port Royni Sound, s. G., q magnificent port,
perfectly honlthy al the year, "a milcB from
Savannah, 100 from Augusta, 90 from Charles
ton, where an outlet eau bo found for q large
portion OF the exports Of tho Gront West. Tic
route vin Chicago, indianapolis, direct through
to Cumberland Gap, Tonn., up the French
Broad Valley, to South Carolina in piokons
County, thonco to Foot Point and Savannah,
il ouaineuty practicable, and is, all in allt tho
beat route from tho Great Superior, Mich
igan, aud Erie-to tho Atlantic Ocean, On route
not only to u most important domestic market,
but to European. West 1udian, and South Aneri-
can marhets. Tho natural accommodations nj
forded for loading and discharging freight from
tho very largest yessols is.important, aud freight
shipped from Chicago eau DO put in Liverpool
more economically than BY any other route now
i'll operation iu the United statoe.
The groat trouble with Charleston and Sayan-
oh, to begin with, is the want Of tho requisite
draught Of water upon their bars, Which should
DO at least "a foet, whereas no steamship can
run to time, at all times drawing Is
foot, at either Of those, ports. Agnin,
the Georgia Central and tho Georgia
Railroad boing broad-gauge roads, dependent
upon numerous other connections, cannot
perform, economically, tho transportation
necessary to secure d continued flow OF freight
tarnr ,norco a Wa aroo mo tg M H. 40 aaI
hoforo o,,r NJ ronli1o tlor pnoit,on o,,d crn