The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-13
DIXIE'S BOOM In GOTHAM.
Plans to Carry Out the Aims Of the
Recent Convention.

"A
manent Organization Starts the Ball
in Motion-only Seventeen Out of
the Twenty-eight Members of the
Committee Present - Cooperation
without Profit as an Object the Plan
Favored by a Majority of Those
Present.
New York, July 12.-In continuance of
the objects advocated at the conference
of representative business men of the
north and south at the Fifth Avenue
hotel on June II, the committee on
permanent organization then appointed
met this morning at l1;50 O'Clock in the
committee room of the Mutual Life In
surance Company.
The meeting was held behind closed
doors. Seventeen members of the com
mittee, which in all numbers twenty
eight were present and it was decidedto
postpone the roll call in the hope that
others woald arrive. Almost the sole
business of the day was the reading by
Secretary George H. Sullivan of plans
and suggestions in furtherance of the
aims Of the committee from businessmen
throughout the country These COM
munications were chiefly typewriter,
and formed a goodly stack of manuscript
on Mr. Sulliyan's desk In all thew num-
and volume, they were listened to with
interest by those present, many of the
ideas set forth by their authors being re-
ceived with favorable comment.
THE SUGGESTIONS.
The suggestions varied in length from
a paragraph to thirty pages of type
written matter. One of the earliest read
was from Stuyvesant Fish, president of
the Illinois Central Railway COMPANY
mo mi MOI of ha
was kept in Chicago because of the strike
there. Mr. Fish, as did several others,
expressed strong favor to the idea of
raising a large fund for the development
of southern industries, though he men
toned no definite amount.
Shortly after noon long telegram was
received from the Young Mems Business
Club of Augusta, Ga, in which that or
ganization pledged its support to what
ever conclusions the committee might
reach.
Clinton Furnish, director of the Blu
reau of American Republics, of Washing
ton, was present upon invitation, and will
probably be added to the list of the com
mittee.
Hamilton Disston of Philadelphia,
though unable to attend the meeting sent
as his representative j. M Kreamer, gen
eral manager of the Florida Improvement
Company, under MIR. Disston's name.
Among Tue OJu6TS present. were OudIleS
A. Deshon, president of the Southern So
ciety, and James H. Swan of Inman, Swan
& Co.
TWO SUGGESTIONS.
Capt. Garden said "The suggestions
in general may be classified under two
heads. The one proposes a business cor
poration with capital stock and with
profits to accrue TO the stockholders from
the encouragement of investments and
10 g -
The second plan proposes a cooperative
organization, but with no profits to its
members, its aim being to advance the in-
terests of all worthy of Endorsement, and
to bring about closer personal re-
lations, and thorough and earnest
cooperation between the people OF
this country in every walk
of life. To this purpose its funds would
be devoted. We have been advised that
the south is preparing to meet us in sub
stantial manner, so far as the raising OF
money IS concerned. The attitude of the
north toward the south in the matter is
simply this: Say what programme you
want and We'll stand to carry it out at
once -
THE COOPERATIVE PLAN FAVORED.
1t seemed evident that the majority of
the committee favored the cooperative
plan which eliminated the matter of in
divldual profit, and it was predicted that
$500, 900 would be raised with out delay
for its prosecution. The committee took
a recess for an hour at l rs o'clock p. m.
Just prior to that, however Mr. Furnish
was received by reclamation into mem
bership as were also Col. K. Wayne VIII
son, the publisher, of No. % Park Row
New York. William G.. Maxwell
OF the law firm of Chanler, Maxwell &
Philip and Jonathan A. Lane, president
of the Boston Merchants Association
@F et,1 ,,,.y,1 =,
organizations in the United States. 1t was
also announced that the name of Walter
Stanton of the dry goods firm of Converse
Stanton az Cullom had been omitted il
the published list of the committee. None
of these northerners represent southern
states in the committees deliberations
but are practically comnitteemen-at
large.
OTHERS PRESENT.
The afternoon was passed in discussing
the plans proposed Among those pres
ent, in addition to the committeeman men
toned, were h. II. Edmonds, editor Of
the Manufacturers Record, of Balti
more; f. M. Jarvis, of the Conklin Jarvis
Trust Company of New York; John Skel
ton Williams, banker, of Richmond, Va.
and Berid smith, Judge Alexander c.
Haskell, and II. H. Courtney, represent
ing respectively the District OF COlum bla
South Carolina and Kentucky.
Shortly after 3 o'clock the meeting ad
iourned TO II a m. tomorrow.
In the meantime, Chairman Garden
with others of the committee, will confer
together, and they will endeavor to re
port tomorrow morning on constitution
and bylaws arranged to represent the
spirit most favored at the discussion o
the afternoon 1t is thought that the or
ganization, as finally formed, will be af
ter the cooperative plan, so extensively
cd nd haf n 70 Will
ministercd by board of trustees tina
win serve without com pensation.