The times. [volume] (Richmond, Va.) 1890-1903, 1894-07-13
BUSINESS CORPORATION
ron ESCOURA0fNG ISTEsfMENTS
IN THE sOUyH
Meeting Of the Committee on Permansn'
Organization Appointed At tho Recent
Conference of Southern Investors

NEW YORK. July Fin continuation
OF the object advocated al the CONFER
cncc OF the representative business men
OF the North and South at the Flt'h
Avenue Hotel. June 18th. the committee
on permanent organization then appoint
"a met this morning in the committee
room Of The Mutual Life Insurance Com
pany.
IRE meeting was held behind closed
doors Several members OF the meeting
were present but not the fun commit
tee. and the roll call was postponed 10
await their arrival. Suggestions in
fprtbcrancc OF the aims OK the commit
fee from business men throughout Che
oounfrv were received. These communi-
cations. chiefly type-written formed
gOodly stack OF manuscript. numbering
over two hundred, out were listened 10
with interest by those present. many
OF the ideas set forth being received
with favorable and manifest comment
The suggestions varied In length from
n paragraph 10 thirty pages. one OF the
earliest read was from Stuyvesant llSn;
president Of the Illinois Central Railroad
Company. who though a member OF the
committee. was kept In Chicago because
OF The strike. Fish, as ala several others,
expressed strong favor 90 the lded o..
raising large fund for the dcyelopmtht
mentioned no definite amount. In the az
tcrnoou a long telegram was received
from the Young Mems Business 'luD, Oh
Augusta. Ga, IN which that orsanzdloH
pledged its support to whatever concur
sion was reached
Clinton Kurdish. director Of the buIcau
Of the American Republics, "FHlhbt""'
was present upon invitation. HanutOn
DisstOn. OF Philadelphia, though uhanIe
10 attend the meeting. sent kcpIeseh,dtite
J. NJ. kroamer, general manager Oh IN.
Florida Improvement Company uhufr
D!sstOn's name Among the DINERS pres
cnt were Charles 8. Deshon. president OF
the Southern Society. and James IL. swan,
Of lnmdn, swan co.
fng SUGGESTIONS
Capt. Garden said that the suggestions
In general way may DE CLASSIFIED uhdeI
two heads The one proposes business
corporation with capital stock, and
with profits 90 accrue 10 stockholders
from the announcement of investments !
ana increasing population Of the south.
The second plan proposes a cooperative :
organization. but with no profits % It's /
members. its aim being 10 advance the /
interests of all worthy Of enforcement I
and 10 bring about closer personal rela- I
lions and thorough. earnest cooperation /
between the people OF this country IN |
every walk OF lie To this purpose its /
funds would be devoted We have been |
advised that the South IS preparing 90 /
meet as I'm substantial manner So far |
as Rllf lNlSlHE OF money Is ctirtflifHl !
The attitude Of the North toward the /
South In the matter is simply this: say /
what programme you want and we VIII |
stand 10 carry it out at once
al seemed evident that me majority Of !
the committee favored the cooperative |
plan, which eliminated the matter Of IN
dvidual proht. and IL was predicted that |
half million dollars will be raised with
out delay for its prosecution.
The committee took Il recess for an |
hour at lis +. II. Just prior TO that.
however. Furnish was received by accla- /
nation into membership, as were also
Colonel r. Wayne Wilson. publisher, OF /
No. - Park Row. New York: William G..
Maxwell. Of the law firm Of Chandler,
Maxwell q Philip, and jonathan A.
Lane. president Of the Boston Merchants
Association one of the most powerful |
commercial organizations I'm the United
States. II was also announced that the
name Of Walter Stanton. Of the dry goods
firm Of Converse. Stanton & Cun0m
had been omitted in the published list II
The committee. None Of these Northern
mittees deliberations. but are practically |
cOmmittcemen-at-large.
SOME or THOSE rRFsENT.
The afternoon passed In discussing the |
plans proposed. Among those present in |
addition 70 the committeeman mentioned |
were i. II. Edmonds. 81 Baltimore, f. |
NJ. Jarvis, Of the COnkin-JarVis Trust |
Company. New York. John Shelton WI /
Iiams. banker. Richmond. Va: Berid /
Smith. Judge Alexander q. Haskell. ana /
r. II. Courtney representing respective
", the District OF Columbia. South caro-
lima. and Kentucky Shortly after
o'clock the committee adjourned until to-
morrow at II \. NJ
In the meantime Chairman Garden. with
others of the committee. Will confer to-
gether and endcavOr to report tomorrow
on constitution and bylaws arranged 10
represent the spirit most favored at the
discussion Of the afternoon. II IS thought
that the ORGANIZATION as finally formed
VIII be after a Cf-Operative plan, So ex-
teusiycW suggested. and that its affairs
Will Dee administered by a board OF trus-
tees That VIII serve without compensa-
tlon.