The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-11-27
A BIG LUMBER COMBINATION.
A MEETING TO BE HELD IN sAvAN-
NAH NEXT WEEK.

1t VIII Probably Include Both South
ern and Western States--Reprcsen-
tatives of Large Western Syndi-
Gates Coming Here to Take Part In
It-Its Objects VIII BE to Control
the Output of Yellow Pine Lumber,
and Keep the supply Even with
the Demand-The Meeting VIII
Probably De Held Next Thursday
at the De Soto.
A meeting Is to be held In Savannah
within a few days with the object in view
of forming a syndicate among the lum-
bermen, which will cover the entire south
and west, and take in also the northwest,
If 1t is possible to do so.
The lumbermen, who are interested in
this matter will begin to gather here the
first of the week, and 1t is expected they
will all be here by Thursday when the
meeting will probably be held. Among
those who are coming here to attend the
meeting are, Mr.. Weyerhauser, with a
party of friends from the section directly
west of this, and Mr.. Bellas with another
party from the northwest. Some of these
gentlemen, who are interested in the plan
will arrive in the city Monday and Tues
day, and others will be here later in the
week, but it is expected all will be ready
for the meeting on Thursday.
Mr.. ]. J. McDonough, who is at the
head of the interests of the Southern Pine
Company in Savannah, has been in regu-
lar correspondence with the gentlemen.
who expect to attend this meeting. and
has received several kilograms and letters
from them. Mr.. McDonough was in the
city yesterday, and said he had not been
fully apprised of the plans in view but
he was aware of the fact that such a
meeting was in contemplation, and he
thought 1t would be held in Savannah
thursday of next week, provided all those
interested reach the city by that time
me object Of these lumbermen." Mr.
McDonough said, when asked about
the matter, "is to buy and own
lumber lands, and to absolutely control
tne output of yellow pine lumber. so that
the trade will be in a condition to cut n
large or small quantity, according to
what the demand warrants. There has
Deen syndicate organized on this line in
the west, and it has been quite successes
full. The Southern Pine Company. when
1t was organized, had the same obtects
IN view, and from what learn the oh
jects OF the coming meeting are to form q
syholcate which will enlarge upon those
plans or course there are many inter-
ests represented, and it may be a hard
matter to come to any agreement. but the
eHorts OF the meeting will be in that
direction. AS I understand it, the svndi
cate, If 1t is formed at ALL expecfs m
take IN Georgia, Florida, Alabama, Mis-
slssippi, Louisiana and Texas. All of the
states are likely to go into the combina-
lion Tor the protection of the lumber in
terests, and it is a protection which at
the present time is very much needed.
1t appears from all that can be learned
that the lumbermen in different sections
have never worked together. MANY of
them nave been cutting each others
tnroats, so to speak, and it is lust this
that all OF the lumbermen want to stop.
Then, again, at times much more timber
mas been cut than there was any need for.
and in this way the timber forests have
been laid waste.
The coming meeting will have an eve. II
is believed, to all the matters in which The
lumber trade is interested. Mr.. Henry
2. Talmadge, president of the Southern
Pine Company, will be here Monday and
Will remain to attend the meeting Rep
resentation is looked for from all of the
states mentioned, and the two gentlemen
named, both of whom represent large in
terests. will have parties of lumbermen
with them.
The Southern Pine Company was organ
lied some months ago with the same OBJ
1ects In view as are proposed by those in
terested in the coming meeting, and it has
carried out its plans to some extent But
this company has had various competitors
to contend with which have made 1t impos-
slble for 1t to put the business in this sec
| ton on the basis desired. It is confident
ly believed that the coming meeting will
| accomplish something in this direction.