Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1909-06-16
ALEXANDRIA, GAZETTE AND VIRGINIA ADvERTIzER.
ALEXANDRIA, Gazette.
WEDNESDAY EVENING. JUNE IS, 1909.
SOUTHERN COMMERCIAL CON-
GRESS.


GRESS.
Old st. Matthew's Church, corner Of
18th & II streets, which 10 February
passed into the hands OF Mr.. John NJ.
Parker. of New Orleans, and Mr..
Charles Hall Davis, Of Petersburg, act
ing for the Southern Commercial Con-
gress, bias now been decided to the
Southern Building Corporation Of which
Mr.. 7. F. Schneider, the well-knoWD
architect and capitalist Of Washington,
as president and Mr.. John NJ. Parker, of
New Orleans, vice.preuident. The lot
is $50 feet square apd a magnificent
Office building OF the finest type will be
erected ten or twelve stories high. This
corporation has been organized for the
express purpose Of erecting building
as a home for the Southern Commercial
Congress IS we'll as for revenue. The
building and ground will cost $1,000
900. The only difference between this
enterprise and a building corporation
along the usual lines is that each stock
certificate bears the following endorse.
ment:
"It is q condition hereof that the
Southern Commercial Congress may, at
its option, at any time within three
years from the date hereof, take over
this certificate by the payment to its
owner and holder of the par value hereof
and secured interest at the rate ofsix per
centum per annum."
This action in relation to the home
and revenue producer Of the Southern
Commercial Congress renders sure the
erection of building which will mean
much of practical benefit to the southern
states in attracting attention to them as
the region of greatest present Opportnn-
ity in the United States. While the
building is being erected the general
publicity work carried on by the South
ern Commercial Congress for the benefit
of all southern states will go forward
without cessation. The government has
already been a distinct success In stimu-
lating local confidence and in creating q
desire for cooperation among the COM
mercial organizations Of the south who
in q sense have similar problems to meet.
The work of the Southern Commercial
Congress is for SO greater nation through
q greater South"
The Southern Commercial Congress
is natural outgroWth of the organized
effort being made throughout the South
and is supplemental to all lines of work
carried on by chambers of commerce,
commercial clubs, etc. 1t will devote
its power to calling into being through
out the South commercial organizations
where none exist, to Strengthening
existing organizations, and to prompting
on the part of every thinking man an
immovable confidence in the commercial
destiny of the southern States. At the
same time, it will carry forward general
propaganda, beyond the power Of local
organizations, so that the South as a
whole may be fully understood and there
nay come to 1t the development pos
sible through more investment in enter
prises and through the arrival OF men
of kindred impulse with those already
in the South.
The stupendous truth regarding the
south is this: Nature has given to the
states south Of the Mason and Dixon
line more available coast line, more
navigable streams, more water power,
more water products, more minerals
conveniently placed, more forest re-
sources, more agricultural range from
the products of Florida and Texas
northwaId, more unused bat valuable
land aud greater general accessibility
to coast line than can be found in
combination in any other portion Of the
United States.
Commenting upon this stupendous
truth, a Washington paper recently
said: "Granting the accuracy Of this
statement it follows that there Is TO be
uufolded south of the Mason and Dixon
line, a commercial drama OF marvellous
meaning for the whole United States"
--HHn-