The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-09-22

of TIE roads who have so generously made
this arrangement. If our commission
men and cotton factors will now
set themselves to work explaining to
the merchants throughout the country
the facilities offered here it will surely
bring good results, and if during this COM
ing season we should only get 5000 bales
which would otherwise have gone to other
cities, then the ice is broken and it will not
be long ere our receipts will be 100000
bales OF cotton, or over. Now, gentlemen
hope you agrec.with me that il we should
succeed that everybody in Dallas will he
directly or indirectly benefited by it. In
order to accomplish our aim in view we
have considerable expenses to incur, and
hope you will not think II amiss that now
appeal to you and to your friends to Join us
and become members of our Exchange
We have thus far los members, and if the
people in Dallas know their own interests
We will have 500 In less than ten days. We
have reduced our initiation fee to $40 again
in order to give all who have the interest
of Dallas at heart chance to become mem
bers OF our Exchange, to identify them
selves with us, and to assist and contribute
their share to make Dallas not alone great
grain but also a cotton market. The rule $
and regulations governing our Exchange
are now in the hands ct the president, and
in y few days we shall place ;hem in the
hands OF ull members. The St Louis OK
change has $500 members, but not one
! fourth of them are grain merchants but
| everybody sees it to be their interest 10 be-
| long to it, and to show YOU how member
ship is appreciated will simply state that
! upon stWting the exchange the initiation
fee was about $50, but to-day you cannot
join for less than $500
| 1 . Ex,k,,,..,
all hope il will, you will find your invest.
ment will be u very rcmunerative one, and
YOU will certainly have reason TO be proud
of having joined our association, whose sole
object II to bring Dallas TO become the
, city of Texas.
Many gentlemen We're called on after the
remarks of the president, which were re.
ceived with great applause. Colonel Gar
! lington, vice president of the board was
not talkcr, but will occupy q conspicuous
| place among the callers, Mr.. McEnnis
was logdly called for, but his modcsty also
! prevented his flow OF oratory from inuu.
| dating the sSsemblaEc.
Colonel L, 5, Plouts was loudly called for
and checrcd on his way to the front. He
| oppressed his deep iuteres, in the
| success OF tho enterprise, and referred 20
| his Efforts to not only start but advance the
usefulness of the Exchange. lie was happy
over the suspicious appearance otso many
! cotton men present to unite in the grand
central idea OF the promotion of the in
tereS,s OF our growing city, and predicted a
most triumphant success. He assured the
audience that in three or four years, at
| mtherst, n magnificent Exchange building
could be erected, an honor alike to the mer-
chants OF Dallas and the liberal supporters
OF SO laudablc al undertaking.
Mr. M l. Eriy0g hnnlsn,,,n1,, a
himself from speech, but gave assurance
OF his continued devotion to our prosperity
and confident prophecy of our continued
march 60 commercial greatness, He told
, us that all necessary to make Dallas a city
+ metropolitan dimensions was the good
old long pull, strong pull and all pull
/ together"
! COLONEL JOHN {. Nc COY,
! by repeated calls, was brought TO his feet.
| lie commenced by saying that owing To
| his being engaged In pursuits not strictly
commercial he had hitherto had no idea
of the MAGNITUDE or even the great object OF
the inauguration, lie was amazed to find
100 members of the Exchange all working
for common purpose and all so deeply inn
pressed with the Importance Of their enter
prise. His pleasure in the assured success
OF the movement was not diminished by
the fact that II was In the power of thcii
body to get u quorum at any time which
had seemed TO him, until the present, the
desidcratum which all Dallas organized
effort had failed to secure at the most i'm
portant junctures. In fact he had about
concluded that "quorums" were not fash
ionablc in Dallas. The remarks OF the cool
headed and wise old gentleman-ths
"Nestor Of the Bar were listened TO with
peculiar interest as he demonstrated how
Il. II II r