The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-02-01
DIRECT TRADE.
Col. Avery Says a Contract Establish
ing q Steamship line Is Sionad

Col Avery Says a Contract Establish
ing a Steamship Line is Signed.
In communication published IN Tues
DAYS Constitution Col. l. w. Avery says:
am glad to be able to give you the good
news that a cable telegram has been re-
ceived from Mr.. K. Sando of London,
England, the head of the large company of
English capitalists who propose to put on a
great line Of steamships to Savannah or
brunswick. that the contract for the steam
ships has been closed and signed.
Complete direct trade will be inaugurated.
THIS cheering result of the direct trade
SgitaLlon of the last seven months, Gaping
the successful start and operation of a num-
Der of partial lines. will STIR deep joy over
the south. All true men over the whole
laud will be glad. all southerners will be
enthused at the grateful news, all patriots
will wish the line signal success, and every
interest aud ag ency of the south and west
will work hard to give it lasting and pros
porous life.
The event marks an era in southern prog
ress. 1t is the strong, practical eff )rt to vi
talIze the southern hope Of fifty years to get
trade Independence and power-An attempt
ma ie under better auspices, with larger
hope and more forces and finer chances of
victory than ever before.
THE CHARACTER OF THE VENTURE.
The steamships are vessels of large ton
mage and high speed; S 900 900 bank is to
be established to advance money on both
imports and exports, aud an importing
house is to be established with $780, 900 cap
itel to build up an import business, by New
York importers. for southern trade, of vast
capital, long experience and success. with
complete European and southern connec-
tlons. These merchants have mastered the
import business in New York and can mas
ter it in the south. The Central and East
Tennessee railway systems have agreed to
establish an ocean terminal fund of 5 cents
on every 100 pounds Of through
freight, or s. on every ton, to help
create import traffic, the fund to lessen as
the traffic grows. The presidents of every
southern and western railroad has promised
cooperation. Col. Sto7all and | have let.
ters from the leading meat packers and
-four and grain merchants OF the west
pledgiDg large shipments by the line. Maj
Henry Fink, the head of the great East Ten
nessee, Virginia and Georgia railroad,
writes me in a letter received to-day
"W hen your English friends can publish
sailing day and quote ocean rates, we can
put our traffic men at work soliciting bust
ness.n
MR.. sANDO WILL COME.
Mr. Sando. the leader of this English
steamship movement so full Of promise for
bu6 SOutIis uhS hCCokbOd Oil llNAbdGAOu W tL6
great banquet of the Savannah Board Of
Trade on Feb. s, and has written Capt. d.
G. Purse, the efficient president, that he will
be present. And Col. II. B. eros y, the
New York representative of the English
men will respond to the toast "Our trade
with foreign countries at that great com
mercial festvity, at which the most distin-
guished men of the country are expected.
But one word more We, of the south
have IN this fact the chance of our progress
i've career aud this realization of our dear
est dr. anu. The Englishmel mean business
and have every means of success in pluck,
sense, experience and capital. They will
give the venture full trial We have
everything to insure their triumph. OF course
we will do our part.
If we do. no mind can measure our ben
eft