The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-14
BOOMING THE SOUTH.
The New York Committee Still Dis
oussing Plans.

New York, July 13.-The permanent
committee appointed by the convention
Of northern and southern business men,
which met at the Fifth Avenue hotel on
June 2l last to develop the trade of the
south, effected permanent organization
to-day at meeting held in the Mutual
Life Insurance building. The name Of
the new organization is the Southern FIX
change Association. The committee was
in session until o'clock tonight.
Capt Hugh r. Garden, the chairman
OF the committee, presided over its delib-
erations. The greater portion of the day
was taken up with formulating the by
laws of the new organization.
The following officers were elected:
President-Hugh Il, Garden.
Vice President-Stuyvesa Fish.
Treasurer-John H. Inman.
Secretary and General Manager-Col
II. Wayne Wilson,
The Southern Exchange Association
Will be a co-opera tive association with a
capital OF $500 600, which it is proposed to
raise by voluntary subscriptions. The
members Of the organization will have no
personal profits in the new association
what is absolutely necessary. The sub
scriptions will be raised from corpora
tlons, from transportation lines, from to-
bacco firms, from northern corporations
owning large stretches Of land in the
south, from the citizens in the south, and
through other channels.
THE REGULAR MEETINGS.
The regular meetings of the association
will be held on the second Monday in Jan
uary, March, July, September and No
vember, OF each year, In this city. The
annual meeting viii be held on the third
Wednesday in June
Nine members Of the association who
will be appointed by the president, will
act as an executive committee during the
intervals between the regular meetings
The executive meetings will be held on
Tuesday Of each week. There win also
be special committees which will be
| styled bureaus Of agriculture, collec-
tlon and distribution of information,
finance and revenues
The principal place Of business will be
| New York, but agencies and additional
| Offices will he established in this country
and in foreign countries.
Resolutions were passed notifying the
| members Of the convention that the COM
mittee had established the new organiza-
tion, and its officers were instructed TO
y
NEW MEMBERS OF THE COMMITTEE.
The following names were added to the
| committee; EX-Mayor w. h. Grace, ex-
| Mayor Hewitt, Thomas p. Grasty of
| Kentucky. Clarence Clark of Philadel-
| phia, William McAdoo, Chauncey M De-
| pew, j. Wilcox Browne OF Baltimore,
| James Swan and Thomas X. Worthington
| of Baltimore.
The articles of the association state
| that the new organization will endeavor
"to procure the passage Of laws in the
| southern states which will secure prompt
adjudication and encourage the In.
fiux OF capital and population as
may be required that 1t will
in every way possible aid in the develop
ment of the southern states that it will
| not interfere or compete with the bust
ness of the local investment, real
| estate, or other corporations, firms
! or individuals engaged in the
| work of southern development
| that there shall be an advisory board or
! branch Of this association in each south
| ern state, of which the member OF the as
| sOciation for that state shall be chairman.
| In addition to said chairman, the advisory
| board shall consist of at least one repre-
| sentative from each congressional dis
! trict In said state; that one of these ad-
| vsory boards shall be established in
| the District of Columbia, the mem
bers of which shall be appointed
| by the members Of the association
| from the District of Columbia. The ar
ticles 90 on TO state that a registration
| fee shall be paid by all corporations,
| firms and individuals desiring to make
use of the association, such fee being not
| less than 81, nor more than 500, and that
| the revenues of the association are to be
applied for its maintenance and not for
the profit of its members