The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-02

North Tevns. They will ondcayor 10 ar.
range lot more favorable rates Of reiRhis on
cotton tO thc senhOnrd aud "a nufihcrn
markets, and will adopt rules for the GOV
ornmeu Of nll the transactions connected
with the cotton trade Of the city. AS TINS
Is matter that directly Interests every
business man In Dallas, II Is to be hoped
that they will give II that encouragement
il deserves, and that those who do not deal
directly In the staple will lend their all am
influence In an object so laudable by unit
ing with the cotton men ana be-
come active members OF the OK
change. Those who become members
of the organization now, will, of course, be
charged only the small amount taxed Tor
membership at present, but should the en-
terprsc prove u success, and there Is no
good reason why it should not, the adms-
sion fee for members will no doubt be
greatly advanced, st. Louis has only be-
come great cotton market in the last lew
years, and some five or six yearsbago, when
DALLAS, January 3l.-Up to last night
twenty-five or thirty names had been en-
rolled rs members OF the proposed new cot
ton exchange. In the list we notice nearly
all the leading cotton firms and operators
In the city. Every one yet approached has
signed or signlied an intention OF doing so
without hesitation, showing that the move
mept meets the unanimous approval oil
at least those directly interested in the cot
ton trade of our city. There Is now no ques-
ton of the success of the proposed corpora
ton. The books are still open At the Board
of Trade 70. signatures. All business men,
no matter what their calling, who feel
an interest in increasing our cotton
receipts, are cordially invited to join. IL
will be the prime object of the exchange to
double and treble the receipts at this point,
to keep our present trade, and take every
necessary step to make 1t tour-tolu larger,
the next and all succeeding seasons. Every
merchant and manufacturer, as well as
every one else at all interested i'll our city
and its growth, ought to become member
of the exchange. As we now have railways
running in every direction, it is believed
much can be accomplished by concert OF
action. In these days trade will come to no
one, to. no town or people, without
being invited. Hercules helps the
man who helps himself We
see all other branches of trade in our city
rapidly increasing each and every year;
There is not one which has not doubled
within the past three years except cotton.
That has actually declined There is a
cause for this. Our dry goods and grocery
men work-they work day after day, Ill sea-
son and out, TO extend their business. NO
effort has been made to increase cotton.
The proposed exchange will do good in two
main ways: 1t will first establish rules
and principles of equity and honor
among the cotton. men of the city;
and guarantee fair dealing with al
who bring or ship cotton here. for
sale, and, secondly, push the trade OF , our
city far beyond where it now extends Inc
meeting will again reassemble Thursday
afternoon at clock and proceed to final
organization. Every one interested, whether
a signer or not, is cordially invited to be
present. The signers will, Of course, be
there unless providentially prevented.