The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-05
COTTON EXCHANGE FOR PEACE
WILL ADOPT A MEMORIAL TO con-
GUESS TO-DAY.

VIII Commend 5he Presidents
Course and Appeal TO Congress to
Cooperate With the President in
Peace NegOtiations-Mr. j. Il. VIII
Hams said 10 be the Only Member
of the Exchange Who VIII Oppose
the ReSoIutiOns-Mr. Williams In
Favor of Intervention, But Does
Not Believe Trade Bodies should
Interfere in the Present Crisis.
The Cotton Exchange will hold a meet
Ing at noon to-day 10 consider the situa-
tion between the United States and Spain
and the possible war.
The majority of the members of the eX-
change believe that peace should be pre-
served. not al any price, but on terms hon
orablo TO The United States and which viii
doubtless result in an adjustment Of the
present unsatisfactory state of affairs in
Cuba. Judging by the sentiments expressed
by leading members of the exchange the
resolutions will approve the conservative
policy pursued by President Mckinley and
will urge upon him to continue this wise
anu NpllSGi NdAANt tOdA 7Nf "a A44t7
all the interests of the United States and
the honorable position of this country in
dealing with other nations.
The resolutions TO be presented will, in
all probability, follow the line of those
adopted at the meeting of the New York
Board of Trade and Transportation. The
Cotton Exchange has received no reques,
from the New York Board of Trade to take
such action. however, and the meeting is
purely on the initiative of the members of
the exchange.
The resolutions adopted by the New York
Board of Trade are as follows:
Resolved That the New York Board of
Trade and Transportation, recognizing the
gravity of the crisis between the United
States and Spain and the magnitude of
the calamity which war will entail upon
both nations, enthusiastically commend
the wise and conservative course of the
President in his firm determination to ex-
haustt every reasonable means to maintain
peace with honor, and to adjust the A'ela-
tons of Cuba in a manner satisfactory to
the people of this country. We commend
the action of Congress in supporting the
President in his effort to prevent HOSTILE
ties pending an adjustment by peaceful
methods.
We appeal to the representatives of the
nation in Congress. to continue to cooper
ate with the President and 20 accord him
every opportunity to exhaust peaceful ne
gotta tons. and if war cannot be avoided,
let il be under the guidance of our presi-
dent, who pre-eminently combines the ex-
perience of a soldier with the conservative
wisdom of a patriotic statesman.
The speakers at the New York meeting,
though favoring peace, were warlike in
their utterances, declaring that the nonor
of the country should be upheld even TO
the necessity of war Nevertheless the
resolutions were adopted unanimously.
Mr. j. =. Williams is said to be the only
member of the Cotton Exchange who Is
likely TO oppose the adoption of the resolu-
tons. He has expressed very decided views
in discussing the duty of the United States
towards Cuba in the present crisis. If
peace can be obtained in no other way he
believes it TO be the duty of the United
States TO intervene, by force of arms If
nece ssary When informed of the proposed
meeting of the Cotton Exchange to-day,
and its probable action Mr.. Williams said.
Il am unalterably opposed to the adoption
of any such resolutions. do not think II
proper for trade organizations to interfere
in any way in such matters. l feel fully
satisfied that the President and the Con-
gress of the United States are capable of
preserving the honor of the country with
out any advice from us. l am willing to
trust it in their hands"
President d. G.. Purse of the Board CT
Trade Is out of the city, but is expected
back to-day. He may call a meeting of
the board TO take similar action.