The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-05-12
CON MERCE AND THE SOUTH.
tOTTO MEN FOR 4 MLhfnH"i
MARINE AND ISrHMTAN ANAL
Revolutions Of the southern spinners' A.'ocia'
tion on the Commercial Needs OF '"e
Hour Former Minister Barrett declares
That China Il the SOuth's Nc'c>NN'

AiouF FORMER Minister bnt'V'
That China l. the south's Ne''>''''
'HAnI orrE, y. G.. May II Al the me"'ihs
or the Southern Cotton spinner> ass"c'a''""
her" to-day. after y. \. Tompkins OF 'nar'o'''.
Arnold 3 sanford Of Eosion ana i'o'"1"
Pauison Of New YORK. had mads speeches. IN
following resolutions wer" adopted on Iho'oh
Of Mr., Tompkins;
'ResoI,ed. That the Southern Cotton Splnh"r~
Association recommend 10 Congress III" en-
acting " Legislation c%arryin; sncl co'lpeh'"-
tons as wi'l stimulate the deve!op>heht OF
American ahipping interests under th' amer
lean fac, 10 an extent necessary 10 n'ni'
American on the high Sea'in hne OF
peace, and which will provide at the same 'linc
such transports ard ~s!xl!!ary service as may De
no"drd In time Of wa.
Whereas, Il appear that one of III" princ'-
pal dificul,i - lying in tho way o. the cohstrnc-
ton o. tn Nicarag ian Canal seem" to be due
10 d ubt as 10 whether tn canal should b" Tor
tilted or not it becomes desirable Tor those
business interests for me service OF winch the
canal is proposed to fornuln'" some cXpre'-
sion on hi. subject for the Information OF our
legislators, therefore. be It
"Resoired. That this assoc alton hereby eS-
presses itself IN favor ~ the construction OF a
cana under the proyi tors OF III" Nay-Pannce-
fote treaty and subject 10 such Other treaties
a. may be desirable TO secure the neutral trade
Of the cannl in time Of war and 10 freei It ms a
commercial facility from nl vic,ssitnd"s o. war.
hut that our Government shall be solo owner
and reserve the right to for.i'y the canal Ia the
event of the VIOLATION Of those neutrali7ing
trha,ics.
We approve the action Of the House Of Rep
ran, Tor ,n. ia. IA. A NJ thA a. III N
Canal bill. and recommend sped, action on ia"
part OF h. Senate, .
The fouowing, introduced by A I Miller OF
Shelby. \ 6, wlS passed:
'Rcs0trd, That in view Of the growing ma
teriIi inter,s 81 which! IN" south. ha'in IN" ex-
tension Of trade with China and Japan. where
the sale of American manufactured and raw
cotton has grown In ten wears from s2.OO,tOo
10 s22, 900 o0J the southern Cotton SpinnerS'
Association earnestly recommends he pas
sage AT this session OF the bill before
Congress providing for the appoint
ment of a commission 10 Investigate and report
upon the commercial, industrial ard economic
Asiatic countries. for the purpose Of further d"-
velopmen, of American trade in those lard~
A committee for The p9rro~e Of bringing
citation was appointed This evening John Bar
rett, former Minister TO Siam. spoke to the cot
ton mill men. on Commercial Advantages of
the far Fast In part he = i'd
China H. The SOuth'- necn ssity The perma-
mont industrial prosperity OF the South depends
upon lhp eXtenSiO and protection Of our
Estate markets. II the demand alone for
southern manufactured cotton goods, VIII Ch is
rspidly increasing in China. should be closed In
the South. widespread industrial depression
would inevitably result, This fair section would
he thrown back where il was before the wonder
fui progress of the present The unreasonable
potentialities Of Chinese de mand are ttir eco
monte complement Of the vast possibilities OF
y,ur Southern supply Therefore. III. Sou'h
should unanimously favor not only The IsEiti-
mat expan- son of oar AsiatiC but
the preservation and protection of the ndvan-
tage> and interests which We already possess.
The marvellous development of III" last ten
years prr~ageS even a moro astonishing record
for the next decade. In 1850 our cotton manu-
facturcrs exported To tho far East We're valued
at only 81 900, Wpl: in 1905 they exceeded 30, N01,-
0E, of which nearly IS per cent came rom
southern mills. Raw cotton exports in 1889
were valued N the insignificant sum OF 2,3&l;
in 1898 they we're valued ~ nearly SS,OOo,COl
The best experts predict that during 1900
We shall sell over sl2. 200. 600 Of manufactured
cotton and slO,OO,NN worth OF raw cotton in
Asia. Placing the total trade ten We" : ago AZ
81. 900 and that of the present at So. 600, OC0,
We have an increase that surrassSS the world
and holds ont vast promise for the future In
ton wears more. or 1910, the South should be
selling TO Asia at least $50, OOl,N no worth Of her
products. II each one of thiua's 4,O. 00O, 900 of
people should average only % cents cNpprdi-
lure on cotton cloths per annum We would have
n total consumption OF 500. Oo, OOo,'
The meeting ended with a dinner tonight.