The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-06-08
COTTON MEN TO MEET HERE
The Commercial Bodies Want The
DiliCreltial Rate Restored.

It's Reduction Causing a Falling OF
Of Cotton to the South Atlantic
Ports-A Committee Of Business
Men From Charleston to Meet Com
rnittees From the Savannah Cotton
Exchange and Board of Trade To-
Day-Ths Railroads Will be Repre-,
scented.
There will be an important meeting in
the directors room at the Savannah Cot
ton Exchange this morning at 10 o'clock
standard time, at which a committee of
business men from Charleston, among
whom viii be memb ers of the cotton ex-
change and board of trade of that city
will meet members of the same CONNER
cial bodies of Savannah and also repre-
sentatiyes of the different railroads cen
tering here. In response to a letter re-
ceived from MIR. J. Adger Smyth, presi-
dent of the Charleston Cotton Exchange,
Capt D. G. Purse, president of the Sa-
vannah Board of Trade, wired yesterday
morning that committees from the com
mercial bodies of Savannah would be glad
TO meet a committee of the business men
The matter in which the meeting will
be interested and for which the confer
ence is to be held is the discussion of the
question of the reduction of the differ
entail on cotton between the Virginia
ports and those of the south Atlantic.
THE. DIFFERENTIAL ON COTTON.
This differentlal which is fixed by the
Southern Railway and Steamship Asso-
citation at about II cents on the bale was
reduced, Dec. is, 1898, to cents and the
consequence is the bulk of the cotton is
flowing in the direction of Norfolk,
Savannah and Charleston have a
common interest in bringing it this
way, and good deal of discussion has
been done along this line, but so far to no
purpose. The cotton exchange took the
matter up some time ago, but without
immediate result. The Charleston cotton
people have in like manner been hammer
ing at it for some time past, but likewise
without results. This is the matter for
which this meeting has been called, and
il will be discussed with a view to seeing
what can be done to bring about an equal
ization which will give the South Atlantic
ports the same advantage as those of
Virginia.
TO GIVE THE ROADS A CHANCE.
The railroad men say that the differen-
tial was fixed at IL cents until the roads
running " lLG DOulu ALlduIlC DOEgS udu
obtained greater amount of cotton than
their share, when it was decreased in
order to give the roads running to the
North Atlantic ports chance to catch
up.
President Purse, of the board of trade,
has appointed as a committee TO meet the
| business men from Charleston, Messrs. j.
2. Williams, G. W. Tiedeman, A B.
Moore, T. S. Wylly and James
] E'apfn Tr and TDracfIot,t
of the cotton exchange, has
appointed Messrs. w. w. Williamson,
Edward Karow, John Nisbet, W. w.
| Gordon and f. A. Cults. Among others
who will be present at the meeting will
! be- Maj. w. f. Shellman, who will rep
resent the Central railroad; Mr.. j. NJ.
| Carolan OF the Sam road, Mr.. l. M.
/ Fleming of the Florida Central and Pen
/ insula, and either Mr.. F. b. Papy or Mr.
| G. ID. Owens, of the Savannah, Florida
| and Western. The meeting is expected
| to be one of much interest to the South
| Atlantic ports.
THE CHARLESTON COMMITTEE.
A Charleston dispa tch to the MORNING
/ News avs the committee which will
| come over from that city consists of T.
| K. McGahan, president of the chamber
of commerce; j. Adger Smythe, president
( of the cotton exchange; j. =. O'Nein
P.SS4uShu VI VIC PIOuu CG eACHtnBei H. ~
Mallory, j. G. Hemphill, editor of the
/ News and Courier; c. w. Towsley, man
/ ager of the East Shore Terminal rail
road; William Bird and j. NJ. SeignOus
They leave Charleston this morning
for Savannah in special coach al a. m.
The special says their idea is to perfect a
plan to protect the South Atlantic ports
against the unjust discrimination made
against them by the Southern Railway
and steamship ASSOCIATION in the inter
est OF the Virginia ports. The confer
/ ence in Charleston has resulted in the
organization of business mems league
which will cooperate with Savannah il
efforts to effect this object