Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-07-17
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GREENBpIER NHJrE SULPHUR
STRINGS, WEST VA, July l6.--Pres-
idcnt Gardner called We Cotton Con-
yention H. order Of 10 o'clock. IInited
States Senator Gibson, Of Louisiana,
was on the or by initiation. r. l..
Aircy, Of new orleans, was elected
president for the next 40 years by ac-
( claruation. Jerome Hill. Of St. Louis,
was elected st vice-p resident and took
the chair, the newly-clected president
not being present. lie thanked the
Convention for the honor conferred
upon him {. y. Miller, of New
York; W. Mullen. If New Orleans
II. NJ. Carver, Of Savannah; W. II.
Gardner, OF Mobile; T. N. Vaughan,
Of Norfolk ". x. McClintock, of st.
Louis; w. l.. Moody Of Galveston
W. ID. Cleveland, 4 Houston; aud j.
II. Chisby, Of MONTGOMERY, we're elect
cd directors. tn reports Of sub-com-
IL 'ttees we're submitted.
The Committee IN Deck-Loads re-
norted as follows Your committee beg
TO report that they DO not deem the
article Of coal To- ships use Of sufli-
cient impoi nee 90 be considered. As
20 the car ge cotton on deck, we
strongly di prove Of the practice, and
suggest III he president Of this Tx
change be instruc ed 10 petition Con-
gross to pass NJ act TO prohibit the
same, and recurring masters Of vessels
carrying cot 10 foreign ports TO state
under oath a. .heir sailing Il any Of the
cargo is on deck Adopted.
The Committee on Inferior Bagrlng
AMI Lightweight Ties reported in favor
If tirst-class ties and bhgging. the ties
20 weigh not less than fifty pounds TO
a bundle, aud the bagging not less than
one and three quarter pounds 70 the
yard.
The report was adopted.
The Committee on Weather Signals
reported in favor Of additional stations
for the cotton-belt, and the president
appOinted committee Of three 10 !
memorable Congress TO furnish such !
stations by legislation.
he COmmi' &c on Through Bills Of |
aiding reported O. follows We call |
he attention Of this Exchange to various
decisions Of the courts in different Sec
lions OF the .ntry upon the subject
of the liability of common carries upon
bills of lading signed by agents where
no property was actually received.
'9ses have rccurred where bills of |
ding have been signed in regular form
sn1 drafts negotiated thereupOn, and it
afterwards appeared that no property
rad been shipped, which cases have been
IrOug't into litigation and variously
decided upon by the different courts.
Your committee firmly believe this
Sta'e Of things tends to place not only
banks, but all connected with the nego-
tiSti0n Of drafts upon bills Of lading, in
a state Of doubt as to their security
fheI efoTe yOVI committee earnestly re-
cOmMend that this Exchange ask Con-
gress to pass law plainly making COM
mon carriers liable for the acts Of its
agents, and that the various exchanges
request their representatives in Con-
gress to use their influence to secure
this end.
The report was adopted and referred
to a committee Of three members Of the
New Nolk Cotton Exchange to memo
rialilc Congress in favor Of the passage
Of law covering the wants of the
cotton interests.
A long discussion preceded the adop-
ion of the report, Savannah alone
voting against it.
The report of the same committee in
reference TO railway determinations was
l-lled.
he Committee on Standard Types
epOlt,d the following, which was adopt
j We recommend that the time for
making mp standard types be changed
rom September LIST to November LIST,
commencing with the season Of 1855 /;
aid types 10 be received annually on
he same date, in order that they may
BE made up Of cotton grown in the sea-
ou ioI which they are TO serve as
tanGaId; that a committee OF one ex-
'ert from each exchange represented in
me National Exchange be appointed to
meet in New York the first Wednesday
a November, who shall bring with
hem full samples Of the different grades
rom their districts in order to arrive at
uniform type as nearly as may be to
lc made up to the basis Of the standard
flS77."
4 recess was then taken to 5 o'clock
his afternoon.
The Convention was called to order
/ Is L. NJ.
il. W. Garrow, of the Houston
Texas) Exchange, appeared on the
DOR as a delegate.
The Committee on Information and
tatistics reported that the reports Of
ne crops and movement Of cotton were
mi0ently satisfactory. The Gold and
lOck Telegraph Company's reports
ere complmented. The committee
/ * for daily reports from West Point,
a.. and weekly reports from Rich
,ond, Va. The report was adopted.
". ii. Gardner, Of Mobile, reported
resolution favoring the stoppage Of
le coinage of the silver dollar as'the
uauimous views Of the committee.
Nr. Allen, Of New Orleans, spoke
,alrst the resolution, insisting that the
invention ought not to touch the sub
=.
Mir. Gardner, of Mobile, was in favor
he resolution. lie said he knew it
SIS not popular in the South, but he
nted the resolution adopted as a mat
Of duty to the general welfare Of the
juntry. AS long as this country al
we'd eighty-five cents to buy one
liars worth Of property, so long
ould the Old World give us silver all
e way through, while gold would hide
elf.
Messrs. Kressner, of New Orleans,
Il Hentz, Of New York, favored the
solution, which was adopted, Mr..
Len, Of New Orleans, alone opposing
The resolution in reference to freight
elimination, which was laid on the
de this morning, was taken up again