Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-07-07

touching an enterprise in which
the people Of that city have
only half believed, but to which all
have conceded the merit of involving
the most signal advantages for that
section. Accompanying the cor
respondence IS a copy of the CO-opera-
tire Nelrs, of Manchester, which fully
explains, as follows, the attitude of the
undertaking, and justifes the Picayune
IN concluding that its practical devel-
opment is now assured:
One of the most significant facts con-
uected with this movement was the at
tention given to It by the great leading
journals Of the metropolis; the Daily
| Nelrs, the Standard and the Telegraph
all gave prominence to the subject in
their reports Of the Congress, and,
most significant of all, the Times be-
slowed upon it even greater attention.
| 1t Is well known that the leading Jour-
nal seldom enters the field as a propa-
gandist; its policy appears to be die
/ tated by It's name; II Is mirror of the
times, and any movement which re-
ceives its special notice may be looked
upon not only as one of great national
Importance, but as a practical success,
/ and no journal in the " rid has better
| facilities for guiding it IN its decisions.
1t is TINS that this, the greatest journal
| of the world, speaks of our Mississippi
z
! of the afternoons business was a paper
on international Co. 3peratiOn,' by the
Hon. T. D. Worral, United States, read
very effectively by that gentleman him
self, who, on rising andon resumiug his
seat, was greeted with enthusiastic
cheers" The Times then copies the
paper IN eJteHSO, and concludes thus:
DIR. WOrrall was shrewdly interpella-
ted on various practical points, such as
the difficulties of the navigation Of the
mouths Of the Mississippi, the pros
poets Of free trade now that the Demo-
Gratis have gained the day, etc, which
he cleared up seemingly to the satisfac-
ton Of his querists, Messrs. Howard,
Wilson and Slater. As to free trade,
DR.. WOrTall said: If you want to re-
duce our American :ariff, Join with the
agricultugists Of the United States
Great cheering The discussion was
we'll sustained by Mr.. Medium, Ban
nockburul, Mr.. Monk ,Birming ham,
and others, tho drift Ct it being strongly
in favor Of the ideas Of interna-
tioral cooperation enunciated in
the paper. At length, Mr.. Thomas
Hughes, Q. c., after confessing that he
had at first looked at the scheme with
some degree Of suspicion, avowed that
his doubts had been scattered upon
maturer thoughts, and moved the fol-
lowing resolution: ''Tbat this Con-
gress is Of opinion that the time has
come for the Inauguration Of a system
of international exchange between the
cO-OperatOrs of England and those Of
the Mississippi Valley, and recon-
mends the plan as proposed to be car
ried out by the Mississippi Trading
Company to the support of this Union.
The motion having been seconded, was
carried mem con.
DR.. Worrall writes that the company
has been organized with a capital Of
S25.OCO,OOO, and the first installment of
100000 already paid in. He also
adds the gratifying intelligence that
deputati2n, elected especially for the
purpose, are now on their way to New
Orleans, and may be expected there
about the 10th or 18th Of the present
month. For these gentlemen, who, to
use DR.. Worrall's words, "baveno polit-
zeal mission, hut come with blessings
IN their hands to the people of the
South and West, .. is asked and viii be
exten5eda cordial welcome and genuine
hospitality. They are to visit Calves
ton, St. Louis, Chicago and other cities
during their visit to the United States.
The undertaking they represent has for
its object the development Of vast
producing section and the Inauguration
Of direct commercial intercourse with
England, which must necessarily
prove immensely beneficial to every
interest in the Mississippi Val
Lev. We do not understand
that the depdtatlon alluded to by DR..
WorralI is that now in conference with
the Executive Committee of the Ma
tional Grange, at Washington, but
such may be the case. At any rate,
the interest manifested in the move
ment by the co operation societies of
England, who number half a million
members and carried on business opera
tions to the extent Of S150,OO0,OOO dur
ing the past year, is strongly sugges-
tive Of results the magnitude Of which
it Is difficult to aggregate.
Turning in another direction we see
a barely less promising outcome for the
States Of the Mississippi. With all
confidence IN the ultimate success Of
the Eads project Of improvement, the
merchants Of St. Louis are even now
reaching ont to control the trade with
Brazil, which must ere long be devel-
oped. The Republican of Monday
gives deserved prominence to a letter
from Mr.. VIM. de Lara Upper,
one Of the Oldest merchants of
Rio dc Janeiro, anu for many
years agent of the ROYAL
Mail Steamship Company Of England.
He says there can be no doubt that
line Of steamers from the Mississippi
to that port would develop an immense
and profitable traffic, both of export
and import, with the Mississippi Val
ley. Such a line, if carried ont 18th
sufficient capital, energy and honesty
If purpose, cannot but become e5-