The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-19
WANT FEWER BOXES CUT.
NAVAL STORES FACTORS RECON-
MEND A BIG REDUCTION.

They Ask That the Cut For 1897 Do
Not Exceed 33l5 Per Cent of That
of 1896 and Would Be Glad II No
Boxes Were Cut at AII-ResOIutiOns
to he Submitted to the Operators
Next Week in the Interest of the
Naval stores Industry.
The Savannah and Brunswick naval
stores factors held a meeting at the Com
merclal Club rooms yesterday morning,
to discuss the situation Of the market,
and pass resolutions to be presented at
the meeting Of the operators and factors,
which will be held here Aug. 26.
The meeting was presided over by Mr..
J. P. williams, with Mr. L. W. Nelson,
as secretary. The Brunswick interests
were represented by Mr. c. Downing,
president OF the Downing Naval Stores
Company.
The agreement Of the factors, as will
be seen by the resolutions adopted. was to
the effect that the cutting Of new boxes
be reduced to S3ls per cent, as compared
witch last years cut, and that the cutting
be commenced Dec. Is, and discontinued
on Feb. Is. The resolutions, which were
unanimously adopted, are as follows:
Whereas. the naval stores industry, in
common with many others, has been de-
pressed during a period of several years,
from over-production,
And whereas, we cannot reasonably ex-
pect remunerative prices to again obtain
until the causes for the present depres-
sion are removed,
And whereas 1t is within the province of
the large class of our citizens engaged in
said industry to relieve the situation by
concerted action to provide Safeguards,
which viii insure a reduction of the out
put for the coming year,
Therefore, BE 1t resolved, by the factors
of Savannah and Brunswick, in meeting
assembled, that we will extend our aid. in
every reasonable manner. in giving our
fun and unreserved cooperation IN re-
ducing the production for the year 1897 to
a point which will insure, under normal
conditions Of trade, remunerative prices
through the year, and that in order to
bring about this result, our attention
should be first directed to the cut of boxes
for the coming season.
And we therefore recommend to the ma
val stores producers, that In our opinion it
would be better for the industry should no
boxes be cut for the year 1897, but believing
il difficult to carry out this suggestion to
the letter, we recommend that the cut of
boxes, should not exceed under any con-
sideration SO 1-3 per centum of the cut of
1896,
And in order that this plan should be
successful we would further suggest that
the producers agree that they will not
commence the cutting of boxes until Dec.
Is. 1895, and that they will discontinue cut
ting, Feb. Is. 1897,
maximum price to paid labor for the cut
ting of boxes should be one cent per
box.
And be II further resolved, That the
above recommendations be submitted to
the naval stores factors of New Orleans,
Mobile, Pensacola and Carrabelle for ap-
prevail and Endorsement.
BE it further resolved, That a commit
tee of seven be appointed by the chair TO
represent the assembled factors and sub
NIT the foregoing recommendations and
suggestions to the convention of naval
stores producers, which is to be held in
Savannah, Wednesday, Aug. 26, for con-
sideration.
Be it further resolved, That the thanks
of the assembled factors be rendered to the
Commercial Club of this city for their
courtesy in placing the rooms of their club
at the disposal of the factors for the pur-
poses of this meeting.
Be IT further resolved, That it is the
sense of this meeting that the foregoing
resolutions shall be published.
The resolutions were signed by the fol-
lowing firms: Downing Naval Stores Com
pany; Savannah Naval Stores Company;
Ellis, Young & Co.; Chestnut & ONeill
J. ?. Williams & Co.; Peacock & Hunt
Naval Stores Company; Nelson, Champion
& Co.; West, Wigs & Co; Crawford
Henderson & Co.; and F. I. Mccall.
A committee of seven, consisting of
Messrs. ]. P. Williams, L. Mcneil. c.
Downing, Jr., John r. Young, j. W West,
w. c. Powers and L. w. Nelson. was ap-
pointed to present the resolutions at the
mee1ng of the operators and factors.