Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-10-16


Building, which were taken charge of by
President W. J. Crawford, who made the
following response.
RESPONSE BY PRESIDENT CRAWFORD.
Mr.. CHAIRNAS, LADIES AND GEsTLENES-In be-
half of the Memphis Cotton Exchange and the
Building Company, formally accept the keys
rendered by you to-day rs evidence OF the com
pletion Of work admirably conceived, faithfully
executed and duly delivered to those for whose
benodt it was erected. In doing so, sir, beg to
assure you, your associates and your predeces-
sors, that the organizations which l have the
mindful of the onerous duties and great respon-
abilities SO generously assumed, TO which you
years, and for which you are entitled to the sim
cere gratitude of each member and every stock
holder in these respective institutions. How as
siduously, faithfully and earnestly you have ex-
ecuted the important trust committed TO- your
hands, is evidenced by the existence Of this
its delicate tint and harmonious colors,
and the practical uses to which it is subjected to-
day, att~sting the combination and existence OF
those dement's, stability, beauty and utility.
found only in that architectural perfection which
70 ths honoT and aIorv Of man Ne have assem-
bled this morning, ladies and gentlemen, TO mark
and commemorate an important era in the com
mercial history of Memphis, one which attests
her pride, her progress and her power, and IN no
less degree declares the ogressiye spirit and dig
nifty of her merchants, who have by their energy,
constant toll and indomitable will not only con-
tributsd to the material prosperity and adyanee5i
in placing this city on a commercial basis
second TO no other in this section, and estab-
shsd hsG cntop beyond D11t a@srca
matter Of record. of which every Mempnlan may
Justly feel proud verified I 6y the 0 be e61n
try, that Memphis, notwithstanding the rayages
of a terrible and unfortunate war, the municlpaI
mlsfortunes to which she was subjected some
years ago, and the destination of epidemicsi un-
PaTaileled in their severity. Tor enersy, s1a9y d
sas City, stands to-day without a peer IN the
whoe country. Situated in rich snd iert1le nl
mid haf fDa and
leans, on the great Mississippi river, with her
railroads radiating to nearly every point OF the
from the great States of Arkansas, Alabama, Mis-
sissippi and Tennessee she IS destined 70 Dec9ne
even Of national Importance and masni-
tude. Speaking briefly and concisely in refer
ence to those matters which concern US Directly,
the mercantile element of this community, SO
far as my knowledge extends, strongly advocate
the permanent adoption of our present system OF
| is given for taxes received, intellig'- r-5u?
and honest administration i' l-ss,ta efS cien ~
the far name ana lam" ~ eeF city shall be imam
% Saiy S esEIg Iedee%ed advocate the estab
lie az eeheAt Of our own citizens, of a grand
snfoh depot, an abundant supply of pure and
good water, ample and improved street railway
facilities, good public schools and libraries, and
l all those measures that eminent1y and properly
| We advocate the passage and enactment by our
state Legissatnfe OF those lays which shall lnuTe
commercial and mechanical intere is, and the
adoDtion by our State government of that system
| which shall equalize taxation on all property
| throughout the commonwealth. In matters OF
national interest and Importance, and which ma
terially affect US In our respective vocations, we
and good will existing throughout the land,
which gives stability to our government in ali
| sound basis for all financial and commercial val
ues, and proclaims to an adrniring world the
ship. We Believe In Volume efS Of sound nf'cu cur.
Tency commensurate with the business in;
\ that whenever the government is.ues a value
| from its Treasury, stamped with the insignia oi
its approval and Endorsement, be it gold, silyeI
Lawrence river to the Gulf or Mexict, and from
speedy improvement Of the Mississippi river and
its tributaries, which shall open highway TO the
seas for the granaries of the great Northwest, by
Mississippi Valley shall be reclaimed, and which
| shall prove an open sesame to untold millions for
| our country and pOsterity. We are not seriously
| opposed to the passage BY Congress of a national
| bankrupt law, provided it shall be alike just tC
| both the creditor and debtor class, shall be eco
nomically administered under the law, and its
| benefits and advantages honestly enjoyed by the
GIp, people need scarcely scarcely tel those among You
on these bluffs, nor those who have first seen the
light of day, nor those from sister States who
snce, nor those from colder climes who have
sought and found warm hearts and happy homes
enterprise have led them to brave the foam
capped waves of the Atlantic to sojOurn amongst
4
| bodies of Memphis throw wide open their doors
and extend to each Of ou most cordial and
n byEone years successfully laid the founda
S.ln;. Sons OF "a city city riyalIng in FAM qnt
esPitsT Of the eO1 Neltse EsypaI
who through all hGSr mi.fOFtanes and vicissi
tuaes nave remained loyal and steadfas
=? !he epss Of their nativity and adoption, tn,
the sweat of their Hrows and the product of the
soil 70 the maintenance of her CONNIE rcial PROV
| ess-those not to the manor born, who have freely
| donated their capital and energy to the eultiva
tion and advancement Of her foreign relat ons
| Gods holy ordinance to crown the grandeur O.
mans noblest achievements with the grace o
their presence, the purity of their being, and the
blessing oftheir appreciation.
President A. B. Treadwell of the Mer
chants Exchange then delivered the fol
lowing address;
ADDRESS OF PRESIDENT TREADWELL.
Members of the Exchanges and friends:
The circumstances under which we are gath
| cred this morning are of unusual importanc c.
ument of enterprise and taste to the business o
commerce. The civil zation OF the world owe
| much to commerce. Who is it that stems HI
mighty ocean and rides the billows of the sea
reaching every port of the universe, Transporting
.he products from each to the other, giving u
teas frem China and Japan, coffee, minerals anI
karks from South America, spices from the Ea
Indies, sugars and the fragrant havanas frou
Cuba, wines, oils and fruits from France ao'
Italy, carrying in exchange our cotton, meat
and grain? Itis the euterprising merchantmen
| Wherever you go in the habitable world you will
find The tradesman eager to accommodate yor
| with all the lqXuries and necessities that can b
| brought together. Who are the great promoter
and givers of employment to the steamships
steamboats,, railroads, telegraphs and telephones
Who is foremost in every enteTPris
| Who promotes education, morals, civilization
Who contri outes literally to charity, religion o.
| everything that is calculated to improve tn
worldP Need tell you it is the merchant?
hope my friends will excuse me if appear en-
and with a life time devotion, my best days EN-
ployed in rs pursuits, my intimate association
waited thoughts and the high moral character 0
| the men who carry the commerce of the world a
| it were, upon their shoulders, have so improve
me that cannot say less in their behalf Oh tn
merchants of this city, with whom have ha
such long and close relations, could not say to
| gy than am Wpetent to pass. That they hav
undertaken and accomplished the erection of thi
elegant building is a monument to their enter
prise and pluck, showing that they are keepin
pace with the day and times in which the
magnificent surroundings? For while tn
merchant is educated to calculate clos'
ly' weigh carefully the probabilities $
} | upon which they transact their business is uGo
high and elevated scale, The first-clsss mel
| chant would scOrn any short cut deceptiy
( | practice in his dealings, but runs upon broa
gauge, with heart free, frank and generous, de
wronr. Memphis stands out to- day. in bold rI
; lief as the most promising city in the South,
| not in the country. Standing as sno uOcs IN u
center of the cotton belt with her cOncentratio
| of railroads, her close proximity to the graf
oaIs shI sSr the same to III rsr
OF the South and Eat the high standing of he
merchants for correct, dealing, their energ!
pluck and enterprise, has brought her to th
| front, and she will stay there. L am proud
Memphis-proud OF her Exchanges. and proud
| her merchants. We are glad to welcome OF
| friends from distance, and proud to know the
I | have appreciated our efforts by lending us the
: presence upon this occasion. To the ladi' 9, wi
| ALWAYS foremost encouraging
| elevating and refining, goou and loving we than
/ for their presence and smiles May you all cor
! | tiuue grow in prosperity and your shadow
: never grow less.
The band followed with a fantasil
Recollection of the OPERA" by +. Baye
= when the following Grafton was delivere
I by the
+ HON. J. W. CLAPP.
Mr.. CHARMAN, LADIss AND GENTLEMEN
deem myself much honored in having been 8
lected by the two Exchanges of Memphis, d
S anu b onS be tbonSbt an1rnnriofs mn
the occasion OF the formal dedication of tn
grand temple to the benefcent genius of cor
| merce; and in pc forming this duty am qui
y sensible of the difficulty OF avoiding repetitio
: to some extent at least, of what has been so we
said by the official representatives, of the E
r | changes upon the present and a former occasion
y | l will eudeaVor, however, TO express such rehe
z tions as have suggested themselves to me
5 timely and which hope may not be altogeth
| unworthy of your favorable consideration, all
h ing at the same time to observe such 6reyity
II purpose of the event that has convened this We
i large assemblage, pot only of the best but of {
Is | fairest element of our city population and
l. many from abroad who have favored us with the
g presence. Although these asst ociatious are know
y bers represent different industries or interests
n | the business world, yet both are composed in {
,. main of those who may be placed in the cat
y CORY of merchants, term especially applied, it
true, TO persons engaged in the purchase and 81
9f Of goods, but broad enough to include all & who
IL | your associations occupies this wider field Al