The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-26

Y Y Santa Clara Co, Cal.
Savannah has been interested in the ma
val stores business, the aggregate re-
ceipts have been of rosin II 031 barrels,
and of spirits of tuEpentine 2.Sl5,954 casks,
$S5, 100000.
Concerning the rice planting industry
Capt. Purse ssaid:
The rice planters of this section have
had another year Of immunity from Sc
riOus disaster and there is more DISPOSE
ton to increase the acreage of the pres
emit With the superiority of our grain, it
is not agreeable to have its value nXed
by the greater gross production of the
Louisiana fields. Our planters, however
have been able to bring about an appre-
ciable reduction in cost of production, and
in the year closing to-day, though prices
have been low, they find themselves in
better shape financially, and are SATISFIED
with the seasons results
OF the lumber trade, the report says;
THE consolidation of interests mas
strengthened the position of the lumber
trade tributary to and seeking shipment
at Savannah. The demand has exceeded
that of the three preceding with conse-
quent improvement in prices through short
of anticipations. General outlook fore
shadows further Improvement. In grocer
les, dry goods, hardware and general mer-
chandise, the trade of Savannah without
increase, maintains it's purity with com
peting centers with a healthy uuderUone
not everywhere else present. rms Is an
occasion for congratulation, when IN
Weather sections unpropitiOus conditions
are spreading disaster in their wake" 81,
THE experience of the year IN an
branches of trade" Capt. Purse said,
"showSft that the disturbing and depressing
influences of the last half decade nave
been more deep-seated than we nave per-
mitted. ourselves to believe and in many
lines more from specific than general IN
nuences. For the future it Will therefore
be safe to figure reduced cost in pro-
duction to meet arrange of prices to con-
sumers that seem to have come upon us
for a long stay. This is a surer cure for
existing troubles than back into the arms
of protection legislation by which the trade
of the country was for a while enVironed
by a Chinese wall that the few rich might
grow in wealth by the impoverishment OF
the multitude"
In dealing with the cotton interests, the
IA reduction in the cotton crop in COM
parison with two preceding years bore i'm
mediate fruits in enhancing values, and ii
is sincerely to be hoped that the lesson
this teaches may not be disregarded by
our planters when preparing TO put IN
their crop of 1896. With cotton crops in
keeping with reasonable trade demands
and diversified farming there IS no rea-
son why southern agricuturists should
not always be, as this year, the most
self-contained and successful part of the
rural population of this country.
Touching the question OF sub-treas-
ury, the report says:
dBesides adopting strong resolutions in
advocacy of Savannah's. demand to be
made a sub-treasury point, your presi-
dent accompanied Mayor Myers and Pres
ident Williamson of the Cotton Exchange
to Washington and joined in per-
s gpon RtGP e Ways saVan ana means
COMMITTEES :, of the United States
House of Representatives in a special
audience granted Savannah's committee.
The opposition of Secretary of Treasury
Carlisle to this time copfronts Col. Les
ter's sub-treasury bill with defeat. II
1,e TO
effect a. change of opinion in Secretary
Carhsle's mind, there will be no difficulty
in securing a favorable report from the
ways and means committee, who have
charge of the bill, so fofcibly has Sa-
Vannahs case been impressed upon them
and so handsomely Endorsed by the clear
ing house of Atlanta, Ga, and Jackson
villee, Fla, and banks and bankers
through Georgia, Florida, Alabama and
Tennessee. Col. Lester Is still devot-
ing his best energies to the enactment
of his bill backed by the support of the
Georgia delegation in Senate and House."
The new postofice is dealt with as fol-
securing an additional appropriation of
100000 to complete oarneW postoffice with
marble is likely to secure to savannah, for
delay, a building in keeping with those
completed at Charleston, S. c., and jack
sonVille, Fla, to do which the unaug-
mented appropriations were INADEQUATE
Conserving other. questions Capt. Purse
said: For nearly a year past your presi-
dent has been corresponding with parties
in Italy to see II II were possible TO place
southern coal through savannah in COM
petition with English coal in the Mediter-
ranean. Until barge communication was
perfected between the coal fields and Mo-
bile, Ala, there was promise of success,
but now Mobile must be the outport for
foreign shipments of Alabama coal. The
result of the opening of this all-water
route from mines is shown in rate of the
81 to s110 per ton to Mobile against 81 rs
to Pensacola and $1.S0 to Savannah.
"Your cooperation with the cotton ex-
change in appealing to congress for an
additional appropriation of 81. 100000 TO con-
struct training wall at Tybee to provide
a safe anchorage and to enable Capt o.
NJ Carter corps of engineers, United
States Army, to make permanent and last
our river and harbor he has so ably
directed is likely to be successful through
Col testers untiring zeal, notwithstand-
ing the aVowed opposition to a river
and harboq' bill by the present congress.
THE Manchester canal management are
anxious to secure an Atlantic port through
which to direct shipments of cotton, naval
stores and other products 10 Manchester
through the canal They aim to put on
rae11Ia- line Of steamers suited to trade
for this purpose between Savannah and
Manchester direct. The earnestness with
which the canal company Is pursuing the
matter supported by the assurance of the
active co-operat ton of a leading ship
owning English firm, and willingness TO
render assistance on this side, give prom
Use that the undertaking may take shape
early enough to start in with the opening
Of the fall trade. This is only one of the
many substantial evidences to be seen on
All sides of the interest Savannah Is at
trarting in the commercial world IN recog-
milton of her location and equipment for
development as a great trade center.
Savannah is now the leaning clearing
house city south OF Baltimore and east