The Pensacola journal., 1907-05-01

4 movement was inaugUTa+ed at
the Chamber of Commerce at noon
yesterday which preSages an enOr-
nous increase in PensacoIa's cotton
exports. W. G. Turner. of Augusta,
Ga, special agent of the Atlantic
Compress Co, spent yesterday in Pen
sacOla, and at his request the leading
bankers, cotton buyers and exporters
of the city met at the Chamber of
Commerce at noon for a conference
looking to an increase in Pensacola 5
cotton business. The following gen
tlemen besides Mr. Turner. were
present: William H. Knowles, presi-
dent OF the First National Bank: c.
W Lamar. president of the American
National Bank: J. S. Reese, president
of the People Bank; D. L. Bass, presi-
dent of the Pensacola Bank and Trust
Co.: J. p. COnnOT, of !. p. COnnOr &
Co. cotton brokers and exporters: J.
b. Harris, Pensacola representative
of Marks and Gayle. cotton export
erS: G. Gunter ElmOre. cotton broker
and exporter; Mr.. MCCants, manager
of the local press of the American
Compress Co, and Secretary w. c.
Jones' of the Chamber OF Commerce
of Pensacola. 49,
full discussion of Pensacola 5
past. present and prospective cotton
business was INDUCED in bY the gem
tlemen present. and as stated above,
plans were formed which Will I'M
doubtedIy eventuate in a great en-
hancement in the cotton exports OF
Pensacola during the next season.
=. 10
great need for a public wharf was
very clearly demonstrated wharf
connected by rail with the plant Of
the Atlantic Compress Co. and in the
absence of any free public wharves
on the water front il was determined
TO endeavOr TO induce the Pensacola,
Alabama and Tennessee Railroad Co.
to connect It's wharf. by a spur track.
with the compress and Secretary Jones
was requested to take the matter up
Immediately. If PensacoIa's cotton
business is TO he materially increased
before the completion of additional
roads into the city, such a movement
as this Is absolutely necessary in
view of the fact that the Louisville &
Nashville Railroad Company At pres
ent controls all of the dOckage on the
water front over which cotton can be
hauled, as well as ali Of the traC kage
connecting the press with its docks.
Having such a monopoly Of facilities
il is in the pOVinCe OF the DOuisville
and Nashville TO deny dOciSaSe 20 in-
dependent lines OF steamers, hence
under existing conditions it is impOs-
sible TO export a bale OF cotton from
Pensacola Otherwise than in a vessel
controlled by the L. 65 n.
C1nrcannl1 rarn Of tho ffs
Compress Co. commenced operations
about eight years ago. Previous 10
then there had never been 10000 bales
of cotton exported from Pensacola in
any one year For the year 1906,
however. PensacOla's cotton exports
amounted TO 10000 bales. valued at
s.. .O00. 10000 in round figures. but
enormous as this increase would
seem. not half of the cotton is being
handled here that should be, and that
will be when facilities for its eXpedi-
tiOuS handling are provided.
MI Turner is now on a Trip through
the cotton fields contiguous TO Pensa-
cola, soliciting shipments TO this mar
izet from the crop OF the coming sea
son. He was very enthusiastic re-
garding the suggestion TO connect the
plant of his company with the docks
of the p. A. q I. road. He said that
the interests OF his company were
very closely identified with those of
Pensacola that il was the policy or
the Atlantic Compress Co, Al all
times, to do everything in line with
sound business policy. TO enhance rs
operations and consequently 70 pro-
mote the interests of the communities
in which its plants are located
In reality, yesterdays conference
between the bankers and cotton mer-
chants of Pensacola was the largest
thing of tangible form which has oc-
CURED in Pensacola in several years.