The New York herald., 1878-12-05
COMMERCIAL CONVENTION.

SECOND SESSION OF THE SUBSIDY MEN At NEW
oRLEANs-GE RESOLUTIONS PASSED FAyoRING
CONGRESSIONAL HELP FOR SCOTS TEXAS
PACIFIC RAILROAD
BY TELEGRAPH TO THE HERALD.
New ORLEANS, Dec. 4, 1879.
The Commercial Convention. which is unques-
tonaby composed of fine body of representa-
tive men together in this city met here
this morning at eleven O'Clock The number OF
States represented now is eighteen, foilows:-
Georgia. North Carolina
Illinois, Ohio
Indiana, Pennsylvania.
Iowa. South Carolina
kentucky, Tennessee,
Louisiana, Texas.
Maine, Virginia.
Mississippi. West Virginia.
Missouri, Wisconsin,
Under the permanent organization the officers
are
Frrsadsnt-General Fitz Hugh Lee.
tce I'fes'deafs--E. D. Holtem, Wisconsin; G. I.
Webb, Iowa; George J. Lewis. Tennessee; George II.
Rea Missouri: George II. Tearn, Texas: J. kounN.
Pennsylvania Alexander Campbell. West yirginia
i. H. Cameron, North Coroiina: Robert Mallory.
Alabama; Jones $. Hamilton. Missssippi James
NJ Glenn, Ohio; J. w Richman. Illinois: J. A.. Cowar
din, Virginia; L. $. Goode Louisiana; II. J. Remer.
Indiana.
Secretayy-H. G.. Hester Louisiana.
Four standing committees wera appointed-f1l on
the Improvement of the Navigation OF the Mississippi
and the Confinement of Its Waters Within Its Banks,
c) on . southern Railroad. (a on Commerce with
Foreign Nations az Memorializing Congress
Touching the Measures Adopted by the Convention.
BUSINESS or THE CONVENTION.
The first business done on the assembling of the
Convention the Inauguration OF the officers
General Lee being escorted to his seat by John +.
Eubank. of Virginia, and John Hoyar. of Missouri.
General Lee was greeted by loud applause. Coming
to the front of the stage he thanked the Con-
yenton in a most eloquent address, which
int tcd hv
much the kindly sentiments he uttered felt by
the entire delegation. A vote of thanks then
unanimously rendered to f. ID. Holten. who had con-
dncted the preliminary meeting of the Convention.
Mr. John b. 1afitte then urged at some length the
necessity of establishing such treaty with France
would promote our interests with that country. Mr.
Frank Ii. Hatch, of Louisiana offered a resolution
for the abolishment of the quarantine and Mr. Nal
lory. OF Kentucky, offered another resolution for the
establishment OF national quarantine. both of which
resolutions referred to appropriate committees.
THE UNITED STATES TREASURY.
A resolution was then offered by Hon. Louis Bush.
of New Orleans. to memorialize Congress in favor of
the improvement of the Mississippi River. and
another resolution by Mr. Burch. Of Missouri urging
Congress to make such appropriations would
always keep navigation open at the mouth of the
river. After some debate on these resolutions and
their proper reference to the several committees the
Convention adjourned until half-past two O'Clock.
After recess the Committee on the Southern Pacific
Railroad reported through its chairman. indorsing
the road known as the Texas Pacific Railroad bill
in favor OF which is now pending before Congress,
and urging the national government to take such
action would complete this road. This met with
some fierce opposition from some of the delegates
from Texas but the resolution finally carried.
and the Convention then adjourned until tomorrow
morning ut ten o'clock.
The following is the text of the resolutions concern
ing the Texas Pacific
Whereas the commercial interests of the country
' the Mississippi River with the Pacific ucea" y,
second parallel OF north latitude and Whereas
secure cheap transportation said line cheap
secured BY such measures as will SECURE cheap
the securities or the Texas and Pacific Railway Company
ns an nERway free al railway w ai
earnings subject to the regulating power of Congress-
oms N n ns a % s ss au% DS %
Of APPLYING the best laws Of in the
merce of the world In It's application TO Congress for
o low rate Of interest the bonds Of the Texas
and Pacific Railway Company would afford the
construct this Texas and Pacific Railway: and the bill
pending before Congress to complete said companys
which con6des in person unconnceed with the enter
prise nculcates the wisdom Of suspicion and jealousy
govern ment aid down to the OF harmony with the
and Is bill which seems host adapted to secure speedy
| completion Of such line and 10 enable the com
therefore resolved That this Convention recommend and
urge upon Congress to take Immediate favorable
Railroad may he constructed at the earliest possible
that competition by an independent competitive line
| interests Of the country may be stumulated; and
whereas, competing lines north and south Of the
country 1t resolved that the aid alresdy granted
by the general government to the Northern Pacific
whereas unless the Union and Central Pacific Railroad
companies held to the stricest the
lit OF the competing lines will be essened lost there
Resolved That the Union and Central Pacific railroad
q eharc oh rtara ind he "a aWs raYula