The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-10-04
THE MERCHANTS EXCHANGE.

THE MERCHANTS EXCHANGE.
This Exchange was opened with the proper
ceremonies. The speech Of Mr.. w. C. Raymond
of the we'll known firm Of Keep 4 Raymond, vii
fully explain the object and condition Of the Ex
change:
Ge7sAemen-As the representative of the Execu'
tive Committee, am called upon, l suppose, very
naturally to open this Exchange with few re.
marks. have to say in the first place. we wei.
conne you as subscribers and visitors You have
set in motion grand movement that will facili.
tate tho transaction of business, and concentrate
all the commercial interests Of tie city. With its
origin you are acquainted. Some months ago. a
few OK US thought we ought to have Merchants
Exchange. There was some discussion as to the
feasibility of the undertaking. in view of the de-
pressed condition Of society at this time, but ct
last We gathered together meeting of some forty
or fifty merchants and business men, and deter
mined toproceed
We organized temporarily by the election OF an
executive committee, AIMED with authority to
make al! the necessary arrangements Tor opening
the Exchange. Thus armed, your committee of
i've went to work, and the result of their labors
we place before You to-day. We have spent your
money as economically rs we could to put you in
. condition to work effectively together, and we
ask your pardon for what We have done, perhaps
lmprudently in some cases, and unwlsely IN
Others We did the best We knew how, and you
now have it in your power to carry out this great
idea Of combination Of the commercial interests
Of the whole community.
We now place in your hands the Exchange
We have made all necessary arrangements. We
have 'ppointed gentleman Superintendent to
represent us, who has gathered together all the
facts in relation to the working vi siuilar lnsti-
tutiOns in Olher commercial communities and
embodied them in . constitution which will be
presented to you this evening for adoption.
Nov, gentlemen, you are all interested in the
the success of the Exchange; We have started
with subscriptions. and We are pledged to see it
carried on for year but the subscriptions are
not large enough to cover the whole expenditure
and we desire you to increase the number of sub
scribess. Let every man constitute himself
committee Of one to enlarge our sphere Of action
and bring in every commercial man in the city Of
subscribers we want to see this room full of the
business men OF the city.
We estimate our expenditures at from $l1 900
to 1900 . year, to carry on the enterprise a.
fully and perfectly as it ought to be, in this the
second commercial city in the Union, tor we
stand next to New York.
Now, gentlemen, need hardly urge upon you
the maintenance OF this Exchange. hope to see
it succeed. Some ask: 'Wil It succeed?"
suppose, as chairman of the Executive Com
mittee, have had that question propounded five
thousand times. 1t is your business to make it
succeed. hope, then, subscriptions will be rol ell
into this institution, so that VIC will have some
thing to work on that will assure success that
A WORD as to the future. Now, it becomes
your duty, and you will be called together this
evening, to adopt constitution and organize
yourselves into permanent body. That consti-
tuition has been prepared after the model Of those
in use in Cincinnati, Chicago and st. Louis, and
We hope it will receive your cordial approval.
After adopting constitution it becomes your
duty to eleS5 permanent officers, consisting Of
President, Nlcc-Presldents and Treasurer. This
election will taks place Monday next, between the
lrS n and Z md I Il
you full attendance. The very life Of this tx
change depends upon the character of the Off
GERS elected. At the start we put all the power
In the hands OF the government. 1t is the only
way to secure a success.
We do not want puerile organization, but an
organization OF men-men in every sense OF tho
word that will carry this work right through.
will also announce that after tais election
on Monday these rooms will be reserved exclu-
slvely for subscribers. In order to make it
success We must run this Exchange for our own
advantage and make it to the interest of every
outside business man to come in.
Lastly, would say, / suppose our visitors
some Of them at any rate-anticipated that on
the opening Of this Exchange we would furnish
not only something for the mind, but something
1or the body-ln common parlance, lay out nice,
large refreshment table.
Well, gentlemen. we did not come here to O.
fresh our bodies with something to eat; we came
here to talk business, and to establish an Elk
change, and upon consultation decided, in the
first PLACE, that We did not have money enorah
to spend for fine lunch and in the second place,
that we did not need to have fine lunch to open
this Exchange in business way.
Gentlemen who want q drink can go to . COT
see-house. Again, l am afraitEso give you one
when we have not the money. Laughter and
aPRlause.]
We cannot help it,
-SA-e@-o 9
We copy below letter from an old and ropeet-
able merchant ~ New York, and the held OF
great manufacturing establishment. It a,ea,ss
for itself@
Dear EriesdeYers p the a2a inst. st hand.
Your citizens deserve great credit Or the stata
they took and the bravery shown by them in
their fight with the miniolS OF the corrupt End
thleving Kellogg Government on the 14th insA
The day should be ever memorable in the minds
and hearts OF all lovers % free government
throughout the Union. We only regret that Kel-
logs was left to still further tyr.nike over you.
eyes and to see the South e you and haze seen
it. There is q change ,aAns place tlAst = think
promises better for your people. have heard
many heretofore Republicans express themselves
strongly against the carpet bag lule existing in
fall elections here viii show tho South that their
Northern brethren have not altogether forsaken
them.
BY reference to our Lost columD the advertise
ment for q letter eaS be seen, ana the finder will
be rewarded by oavine the Same atsS Royal
street.
THE WEIGHT FORK TO q nsREIs-Tps 81.
Louis Pork-packerS Association held . meetila
Tuesday: andc dopted the rule constituting 80
pou,,n- gs t., emou0 Of green meat Ar g
eta,tticd barrel oS pork, in Sccordsnce with
Mt he anti ~
packers recently hold Ct Louisvils.~.S Ious
R11,,IhIicua1 % i,aA