Savannah morning news. [volume] (Savannah) 1868-1887, 1885-07-17
KING C0TT0N'S SUBJECTS.
OFFICERS ELECTED BY THE
NATIONAL EXCHANGE.

erty Has Been shipped.
GREENBRIERWH HIrE SULPHUR SPRINGS,
W. VA, July l6-President Gardner
called the cotton convention TO order
at 10 O'Clock this morning. United
States Senator Gibson, OF Louisiana, was
on the floor by invitation.
f. L. Airey, of New Orleans. was elected
President for the neXttwo years by accla-
nation. Jerome Hill, of ST. Louis, was
elected First Vice President, and took
the chair, the newly-elected President
not being present. He thanked the
convention for the honor conferred
upon him. c. II. Parker. OF Nor
folk, was elected Secretary for the next
two years. c. ID. Miller of New York,
W. Muller OF New Orleans, Il. Nj. Conner
of Savannah. w. II. Gardner Of Mobile,
j. \. Vaughan of Norfolk, w. X. McClin-
took of st. Louis, w. l.. Moody OF Gal
weston, W. ID. Cleveland of Houston, and
J. ii. Clisby of Montgomery, were elected
directors.
The reports OF the sub-committees were
submitted.
DECKLOADS.
The committee on deckloads reported
as follows:
Your committee beg to report that they do
not deem the article Of coal for ships use OF
suficient Importance to be considered. AS
b. the carriage Of cotton on deeS We strongly
disapprOve Of the practice. aud suggest that
the President OF this exchange be instructed
to petition Congress 10 pass an act TO prohibit
the same, and requiring masters Of vessels
carrying cotton 10 foreign ports to state un-
der oath at their sailing If any Of the cargo IS
on deck.
This was adopted.
INFERIOR RAGING.
The committee on inferior hagging and
lightweight ties reported in saVOr of tirst-
class ties and bagging, ties to weigh not
less than 80 pounds 10 the bundle, ard
bagging not less than IA pounds to the
yard. and the report was adopted.
The committee on weather signals re-
ported in favor of additional stations tor
the cotton belt, and the President APP
pointed a committee Of three to memorial
ize Congress TO furnish such stations by
legislation.
THROUGH BILLS or LADING.
The committee on through bills of
lading reported as follows:
We call the attention of this exchange to
the various decisions of courts in different
sections of the country upon the subject OF
the liability Of common carriers upon bulls of
ladng signed by agents where no property
was actually received. Cases have occurred
where bills Of lading have been signed IN
regular form and drafts negotiated there
upon, and it afterwards appeared that no
property had been shipped. which cases have
been brought into litigation and varlously
decided upon by different courts. Your COM
mttee firmly believe that this state OF things
tends to place not only banks, but all con-
nected with the negotiation of drafts upon
bills of Iading, in state Of doubt as TO their
security.
LEGISLATION ASKED.
Therefore, your committee earnestly
70 pass law plsinly making common car
riers liable for acts Of its agents, aud that the
various exchanges request their representa-
tives IN Congress TO use their influence to Sc
cure this end.
The report was adopted and referred to
a committee of three members Of the New
York Cotton Exchange to memorable
Congress in favor of the passage of a
law covering the wants of the cotton in
terests.
A long discussion preceded the adop-
tion of the report, Savannah alone voting
against it.
The report OF the same committee in
reference to railway Determinations was
tabled.
STANDARD TYPES.
The committee on standard types re-
ported the following, which was adopted:
We recommend that the time for making
up standard types be changed from Sept. TO
NOV. l, commencing with the season OF 1885,
said types to be received annually on the same
date In order that they may be made no Of
cotton grown in seaeou, for which they sre TO
serve rs a standard, that committee OF one
expert from each exchange represented in the
National Exchange be appointed to meet In
New York the first Wednesday In November.
who shall bring with them full samples of the
different grades from their districts in order
to arrive at a uniform type as nearly as may
be to be made up to the basis OF the standard
OF 1887.
A recess was then taken to . O'Clock.
BxCHANGE REPORTS SATISFACTORY.
The convention was called to order at 3
! O'Clock. II. w. Garrow, Of the Houston
! Tex. exchange, appeared on the floor as
"A delegate.
The committee on information aud
statistics reported that the reports OF the
( crops and movement of cotton were emf
nently satisfactory. The Gold and Stock
| Telegraph COmpany's reports were com
plimented. The committee ask for daily
/ reports from West Point, Va, and weekly
| reports from Richmond, Va. The report
was adopted.
W. Il. Gardner, of Mobile, reported a
/ resolution iavOrlng a stOppage Of the coin
/ are Of the silver dollar as the unanimous
/ view Of the committee.
/ Mr.. Allen, OF New Orleans, spoke
/ against the resolution, insisting that the
/ convention uAkub hpN W bVuIh lut BUD
/ ject.
DUTY TO TIE COUNTRY.
Mr.. Gardner, Of Mobile, was in favor Of
1 the resolution. he said that he knew
| that IL was not popular in the South, but
I he wanted the resolution adopted AS "A
/ matter Of duty 70 the general welfare Of
/ the country. As long as this country al
I lowed Soc. TO buy 81 worth Of property so
/ long would the Old World give us silver
All the way through while gold would hide
/ iteelf.
Mr. Krossner, Of New Orleans, and Mr..
/ Hentz, OF New York, favored the resolu.
/ tiOn. which was adopted, Mr. Allen, Of
/ New Orleane, alone opposing Il.
The resolution IN reference TO freight
/ discrimination, which was laid on the
/ table this morning, was taken up again
and discussed AZ length, but was finally
dropped as question FOR individuals and
railroad companies.
HONESTY OF PLANTERS.
Mr. Gardner, OF Mobile, offered tho fol-
lowing, which was adopted:
R,seiUsi, That this convention desires 10
/ cNprose 10 satisiactiun at the very small pro-
I porli0u Qi mixed packed nDd falsely packed
/ cotton found during the last Two years. and 40
[ hoprs Tint planters win ln future exercise the