Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-03-08
MIssISSIPPIVALLEg SOCIETY
Address, by Invitation, Delivered Before
the New Orleans Chamber OF
Commerce, by Mr.. C. X.
GrifiBg.
The Purposes and Objects Of the Society
Clearly, Fairly and FOTcibly Set
FOrth-1he Prospective
Benefits.
An Organization on a Sound and Solid
Basis for the Benefit Gf the
South and the West
Etc, Etc.

DtNNu d8N tHb Wbol
Etc, Etc.
Ia order to satisfy our readers OF the
ADVANTAGES 70 accrue from the establishments
in Memphis OF & braLch OF me MlsslsalpBl
Valley society, we ptlbllsh lne IolLoNing su-
tresS by inVitflion delivered before the New
orleans chamber OF commerce, by :. II. I'll II
fng, ESQ general mansgSr OF Dranehes OF Lne
Mississippi Valley society, OF LohOon' pre-
y,qratory TO the formation of the New Ofleans
branch, on the second instant MI. .Orllnng,
on being introduced by the president, said;
CfENrI.EHES--I am happy 70 meet
here 80 many OF the representative business
men Of New Orleans Ia accepting noGsNeI,
YOUR presidents kind invitation 10 address
YOU on the subject Of the Mississippi VI alley
society, of London, I confess that Ieei uh-
able to cope with the interests capao!e OF pe-
ing subserved on TINS occasion. INT i cOin-
manding presence OF Webster, OF the winning
elOguence ofClay, would better harnnonlze WIN
the grand possibilities involved IN lhe perieSt
blending Of these international relations. II
Is the work OF a statesman, and II can not De
accom- pliShed by an agent The mississippi
valleyi What an agricultural and commercial
empire opens 70 our view! W hat variety OF soil
and climate! What network OF navigable
EiVers-and all uniting 10 form the mighty
Mississippi, which flows by your city IN silent
majesty 10 the sea, yet leaves behind harbor
vast enough 20 hold the shipping OF the WorId
The grain hich feeds, and the cotton Whlch
clothes, grows on its fertile banks, ana each
can be produced in Sufficient quantiiles 70
supply. the wants of christendom. Besides,
The mineral wealth Of this vast area is the
richest in the world, Iron is now becoming
the most impOrtsnt element in the progress OF
civilization: ana with iron mountains and
iron wales nanked by ineXhaustlble coal
Gelds, our great valley invites the labor and
capital OF the civilized globe. To speak more
practically,
THE MISSISSIPPI VALLEY
sucIudes the vast region drained by the Mis-
-issippi river and its tributaries. 1t embraces
afghieen States and i've Territories, extend
ing IRON the Gulf Of Mexico TO British
america. and from the Alleghanles to the
Rocky Mountains, and contains the majority
of 'he population Of the united states; 1el'
wins a small proportion OF It's land IS I'M
11royt,d or its mines worked. We startie at the
fget nat only i've per cent. OF lis resources
oyo vi utiifZed! And what, gentlemen, is the
great valleys counterpart across the At
fautic The population so dense that thelr agrl-
rlIifrrfl resources, with all that science and
srf can do, fail TO supply its people with
braad They resort 70 man nufactures 70 main
tain the necessary conlneTclal equiilIo qi a' Iluan'
vet the fact Is patent that poverty ana paupeIL-
ism are on the increase IN Europe. Not only
gsthis true ID the aggregate but IL IS true IN a
numerical sense. The surplus Popu.alon
nea6 homes, and the capitalist IS seeking
Cnn0r tuuitifs for the safe and prontaole IN
,tsTr Of his money. The Mississippi al
E71rtrssI, wants so badly-what Europe has
10 sDare-i0usCle and money. But the great
dIficultv ia lringing these two needs II
g,vo,ar ronj7, ,1C ton Is the want OF correct and
Felia5le information and enlightened
CONFIDENCE IN EUROPE,
concerning our resources and the condition of
things generally. do not refer 70 m thls IN i an
5nvi3ToI1s sense Our ideas OF distances, agrl-
euIfure facts and figures, seem incomprehen-
eible to people whose entire country co1lu oe
covered by one Of tie southern otates., ,, = VI
instance q prominent business man OF Eng
land. in conversation respecting ms Hoinlng
TFe sociafv a. k7d, "W yfshO ulu Great bIltaln'
whose commerce IS wiki all the world, pat
,-,,,5-e a Cocierv- whose aEOwed object is only
40 extend our 1elatiOus wlth a mere val q
meaning narrow strip OF countIS S S tsu ~, ~ ~ ~
teen miles wide. When INFORMED OF thS A eA-
tant OF the N ississippi valley ne was perfect
lv sStouuded. A business man IN france
wrote To friend of his living In TINS city re-
nneStlng that he deliver in person 10 a party
In washington a small package OF Valuable
papers, suppcsing tnat the caP4i1at 1S %, u Si Siie
fanr from New Orleans. W hen informed
mat ID required several days TO go BY ran 10
washington, and that a man could rloe q
week night and day, on rallroao tralh anu an u
in one direction in the United states, me
Frenchman's establishment knew no bounds
Ind ed, the
IGNORANCE
,,rsy-ailfpg throughout Europe concerning our
country. is people aud resources Is PAIN ully
-,ateut Even capitalists in Great britain,
france and Germany nave lafBeIN inNesUeu
IN american securities that ordinary business
Fnefl here would not think OF tOucnlng' Inc
consequence IS that wlld-cat scheIlles t anu
.so1ud enterprises are placid IN the same cate
,orv The result IS that, indirectly, our peo-
NE are compelled 10 share the losses occa-
,,Uer,fiv forced TO sell their bonds in raising
money for legitimate projects, Tor MY or
sixty cents on the dollar, Wheh me! lllgnt pe
s1li al psr II facts only were stated ana the
investors had sufficient confidence 10 believe
in them. Want Of
DIRECT TRADE
between Europe and the south and west, has
aIWavs crippled. and stu lmpalrs our various
industries. The south and west have ever pald
commercial tribute TO the eastern ports ana
very legiumately 100, ~ Jne iinai result s G
energy to overcome all obStac es, whetner
they be natural or whether they De arunclal'
Now. gen lemen, in recognition OF the great
wants 0f Europe: in recognition Of the great
wants Of the south and west, and IOr lhe puT-
VB0se OF bringing these wants togel el@neI, @ llleIe %
sras organized in London, England, last sum, ,
5,aer. an International chamberof commerce
Z cosmopolitan in Its inception; cosmopolitan
la its purposes, yet recognizing lne superior
eIa5u1t Of this vast basin of undeyeloped
agricultural and commercial wealth, this IN
te. national chamber OF comm c0IIllheIceq sq a. ~
T0r don. the last two words giving the name
q 81 1ificsnt antithesis It's motto Is
PROGRESS.
The g. ,rlety seeks closer union of the busi-
ness int, sTests of Europe, and the business IN
-a-.ste 81 the south and west. such union
must rssu u IN an increased and more prohIa-
DIE commerce between them. The society
,.selrs f1 Frir,g the necessities OF Europe and
fbenefsesi ties OF the valley in direct conJune-
1i1u-to bring them together in the recipTocl-
lies Of trade aIyd nnaDce. such result must
he mutually advantageous. me society seeks
10 dissenninate reliable information through
out me Old world j concerning our resources
.,U4 81 .fablfsb moro confidential relations
Itryveau Europsa.ns and the people OF the MIS-
.IagiuUi valley such result VIII largely IN
crease immigration anu aIso t.e 1 l1lioT sr,a ~
foreign capital at 10 " rates OF lhIeIeSt % ne
g1ciefy seeks to facillta direct trade between
Europe and the ports oi the MlsslssiP PPl PPi vi
lev, and 10 actively O-operale win ~ PeoPMlS pc
IN me removal of an distractions, natural OF
1thervise TO the direct Interchange OF their
products. Like al CHAMBERS OF commerce.
THE SOCIETY IS NOS-TRADING.
u has therefore no specific adNanaage %, oi
l.l,,,ge,-r1 srI1tIv has no stock capital NelLneI
,loes lie society seek TO bind up any % one mt mt
- trade or business, but with Droaaer view
o,l more cosmopolitan purposes II ealsayn =
Tte1'J our busIregs relations by means OF z
reliable international bureau st, % o,tidenee ~
dnance that viii COMMAND the cohlloelSS i. - =.
f6e commercial world. Hence lhe soeietS
trenches on no public or prlNaLe COZ pOIa y1 III .
nor on any individual Interests, Dut H sneLLt en-
- -r.af ,;olu me of business by Whleh All art
6enefted and enriched. 1 remarked mat i ths
society is strictly non-tIaolhg, 10 js,s ILse tHS
,nano hership fee is charged OF nNe pouh1i
sferling or twenty-five dollars, Lene"aDis
,,aarl- or At the option OF the MEMBER
THE LIABILITY OF EACH MEMBER
.-.trtgtlv limited 10 his subscription oftwenty'
80 1oII,ars No eXpeDses viii be lncui req by
hreeoCiefv. except under the express author
- a,,d discretion OF the executive commit
W a. -, ,,-iIl exercise careful and rigid su
-sS-i,te1on with view of keeping the e1
Ft.s,saa AT a minimum. 10 BuaLu against tIs ~
55rnisgjop Of improper persons 10 one m 81 a. ~
seorne member, alUef Oi ~ u ~ :,
shall be duly elected Dy thS ne, "a, elteotoig = y
he .ue.i- ue.,sI, ne wishes TO join. This Is an I'M
the D - .sruffou. The society recognize
t-li.seftV Of securing tne FIOlAllHe -
i-S ., uS,.. N the community - heLhDSls, =
49, ~ II ~ establish ana eNtend tplO@u t y ~
- anliohtened conndei1ee, i,S~C,, s,,d H.
- ~ ,-r,leut OF his suDScfi pt3Oni y, ni.et
Ieino dufv elected and entolls9, ,.d VI iZS ~,
lliEtidcste of membership, - s9I = ~ - ~. -
~ ~, -. ssrat a. ~ and attested DS tus seat t ~ y
~ soofatv The certlncates u - 80 fre.f
- 5ssIIed only on the authority OF tsie li ~ =,
orv I'm London, bat VIII De CDSSlLs dss7iIxJarefi
- ,,--efdent of the branch WIlefs oSti
sit'a f.s,fi seafe entities its holder 10 Tue
SERVICES OF THE SOCIETY
in, ,roeuring or disseminating lhio eiO1 III,
anE nrouer subject, aud 10 snoh reg @ "a ~,
dng IaNht can afford in furtherance OF nj!
.1nd undertaking, IN harmony VIII III - ,oi - =
seets in which it may be epgageu; tnS 5ls, oo5
~ - ~ Society has been nXe1 IN l-OneiIl
- - reasou that 1t IS the eleaflhg-house y y
tie world, and the great 41onslatS 1,S . s,ies q >,
rLrsetendons Rooms az the pAleht7Jllce 81 81
i--.l,,- @1,.z-,ed where trustworthy statlstiC
- - raIfa commerce, nnanee ana manu-
Ir..tT,,,se IN The Mississippi Nalley are Deihl
arrsnsSad Tor ready reference, anu MhSI
SPECIMENS of all the haIloAe ltI1 - t,t ~ ~
soil mines and manultsc 70, = - ,s-,I1 . f5,r
ed such collection OF hisselalsbA wa ~ "a, ~
an understanding Of the hatuls tt "a tis H -
-e-,-~e. - ,.,,d r7cfs OF the great sOOih an
Vol while a general idea OF tls5,t tilassli ts
fude and state OF development NJ WI pe 1911 oon
Veyed by Ihs recorded STATISTICS 1HS'' ''V'''