The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-13
THE MISSISSIPPI VALLEY
TRADING COMPANY.

Some twenty or thirty of the merchants of
our city last night assembled at Parlor P to
hear the explanation of DR.. T. D. worrall, Of
the objects and purposes of the Mississippi
Valley Trading Company.
The meeting was called to order by L. j.
Highly, ESQ.,, on whose motion Gen. G. T.
Beauregard was elected chairman and Col.
W. NJ. Burwell secretary.
Gen. Beauregard introduced DR.. Worrall,
and stated that he came on mission that was
of interest to every citizen of Louisiana, and
that he preceded committee who were on
their way to this country for the purpose of
taking look at and obtaining information
regarding the Mississippi Valley. DR.. Wor-
rail- would explain to them the success which
had crowned his efforts to arouse an interest
in this portion of our country.
Dr. Worrall said that he had met with un-
expected, almost unlooked-for success Not
only was the committee coming here to view
the country, but it came as the representa-
tives of their society, which is composed of
at least five hundred thousand people. He
corrected mistaken idea that the CO oper-
alive societies of England were on par with
the Trades Union" They were utterly differ
ent, and he dared to say that there was not q
manufacturing man in England who would
tive association. He introduced the rolls and
rules of several societies, as bearing out the
statement which he had made regarding the
distinctions.
There was another erroneous idea, and that
was that the societies sold articles under the
market price. This was mistake. They
never sold anything under the price of others
around them, but they make money by doing
their own business, and they had been emil
nently successful and were werth an immense
amount.
He followed by giving detailed statement
of his work among these societies which led
to the formation of the Mississippi Valley
Trading Company, which was now fully or
gained, and meeting with the greatest sue
cess.
The company had been Endorsed by the
Congress Board of all the societies, and all of
the societies had taken stock in it.
The purpose is to build our own ships and
send out as many men as could be employed.
We shall build these ships and send out our
goods, and as much of them as can be sold.
We shall of course establish agencies in cities
along the Mississippi Valley, and it remains
for the people of New Orleans to have the
headquarters in this city.
ALI l ask is that you give these gentlemen
who are coming proper reception, and extend
to them all the assistance in your power.
MIR. Highly moved that a committee of ten
be appointed to receive the gentlemen. The
motion prevailed.
The Chair appointed the following named
gentlemen: Mayor G. ]. Leeds, Chairman;
Gen. Cyrus Bussey, Messrs. John Phelps, W.
c. Raymond, S. II. Kennedy, L. J. Highly,
M. Musson, j. M. Sandidge, I. N. Marks and
DR.. Hu. Kennedy.
Mr.. Leeds excused himself from acting as
chairman of the committee on account of his
Office duties.
On motion. Gen. Beauregard was requested
to act as chairman.
Mr.. Highly asked if the gentlemen who were
coming represented the Mississippi Valley
Company or the cooperative
societies.
DR.. Worrall reported that they came repre-
senting both, and to show that the societies
were represented, they had placed the GEN
eral Secretary of the Congress Board on the
committee.
The question was asked, what is the plan,
how did the company propose to work? DR..
Worrall replied that it was proposed to estab-
lish agencies in both countries; build ships
10 carry produce, and move hands to build it.
The cooperative societies would load the
ships and fill the warehouses on the other
side of the Atlantic, and it was for the people
here to bring their produce to the warehouses
and load the ships on this side.
A motion to adjourn prevailed,