The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-01-30
BUSINESS NEN IN COUNCIL
MEETING AT M MEkCnANiS'
EXCUAEGP> ESTERDAY.
Preiybt .,o,ono. = the South
east-Kansas City RaiA
The Silver QuestIgR.

The meeting Lt the MerchantS n
change yestei day, called for the pEE-
purpose Of taking action with retor.
ence TO freighta on grain from Men,
phis TO the Southeast, and to consider
ether ma,tsrs of import to the bust
ness community, was numeTouhly
fttendsd, and was composed not Only
OF business men, but embraced repre-
sentatives Ct the river and railroad in.
tereets and citizens not directly con
n.cted with commerce but interested
in the commercial welfare OF the city.
The river interests were represented
IN the persons Cf Capt. AID. Storm Of
the Anchor Line pud MI. 7. B. An
drews of the Grain Elevator; the rail-
reads by Col. Barney Hughes of the
Memphis and Charleston railroad;
Messrs. Newman Erb aud g. o. John
son of the Kauia a. City railroad, and
the press by Capt. James Phelsn. All
Of the leading business houses had
representatives on the floor. At IL AS
O'Clock, after the adjournment of the
Call Board, the meeting was called to
order by President Chase, Mr.. L. A.
hcclluk dChlbk u bcSto'uf1s
THE GRAIN TRADE.
The letter OF K. J. Woods and 9TH
ers, published in these columns yes
terday, touching freight rates on grain,
wss read TO the meeting, and the fol-
lowing resolutions offered by Mr. r, j..
Woods were unanimously adopted:
WHEREAS, Members OF this Ex-
change and others Interested in the
grain trade and general prosperity Of
our city have %pettioned this body for
formal action regarding certain adj just.
ment or pooling of rates by the rail-
roads interested in the movement OF
grain and other products from Mem
phis and Joints on the Ohio river TO
the South and Southeast, and believ-
ing that petitioners have good and
sufficient reaJo for alarm; therefore,
be it
Resolved, fret, That the president OF
this Exchange appoint a committee OF
three members, and that he be ro-
quested to act with them, to represent
10 tho managers of the railroads haul.
ing from here into the South and
Southeast the injury that is resulting
10 our uaie by the present d justment
of rates.
Second.-That said committee be
luther instructed to represent to said
raiLead managers that the 5 cents per
100 pounds differential in favor Of
Memphis over Ohio river points, first
adopted by the Green Line Associs-
ton, was q proper adjustment of tbs
rates, and that the subsequent reduc-
ton Of said d~iffereDtial t. 3 cents wa
an injustice to Memphis.
Jhird.-That said committee Ia also
int tructed to represent to the mana
gers If eaid railroads that it is their
belief, from evidence in ~posseseion Of
members of this Exchange, that the
tariff rstee COW in force are not being
main' aimed from st. Louis and other
points north OF the Ohio river, which,
in effect, works a reduction to the
Southesst from said river, from which
Memphis derives no benefit.
FOurth.-That said committee, or
one or more Of them, TO be selected by
and from said committee, be instructed
to call upon the officials Of said rail
roads in person, and fully represent
the great Injury and injustice being
done ID the industries of Memphis,
and respectfully suggest such remedy
as in their judgment ia best suited to
avert the evil
The committee atterward appointed
by the chairman in compliance with
the above resolution are r. j. Woods,
I CaNaalv and w r Mallnrv