The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-06-17

NOW ASSURED
Home for Southern Com
mercial Congress.
"A BUILDING CORPORATION
Active Work Of Congress Is Going
Steadily On.
The New Building and Ground WIN
Cost One Million. Five Hundred
Thousand DoiIars--Deed
In Transferred.
nv ALFRED J. sToFER.

Washington, June Especially
Old st. Matthews Church corner Fiji
teenth and II streets. which In Feb
ruary passed into the hands OF Mr.
John NJ Parker, of New orleans. and
Mr.. Charles Hall Davis, of Petersburg.
acting for the Southern Commercial
Congress, has now been decided to the
Southern Building Corporation or
which Mr.. T. +. Schneider. the we'll
known architect and capitalist OF
Washington, 10 President and Mr.. John
NJ. Parker. Of New Orleans, vice pres
ident.
The lot Is $50 feet square and q
magnificent ONCE building Of the finest
type Will be erected ten OF twelve sto-
ries high. This corporation has been
organized for the express purpose Of
erecting the building as home for
the Southern Commercial Congress as
well as for revenue. The building and
ground win cost si.500.0o0. The only
difference between this enterprise and
building corporation along the usual
lines 10 that each stock certincate
bears the following endorsement:
at Is a 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 accrued interest at the rate
OF six per centum per annum."
This action In relation to the home
and revenue producer OF the Southern
Commercial Congress. readers sure the
erection OF a building which win mean
much OF practical benefit TO the South
ern States in attracting attention TO
them as the region Of greatest present
opportunity in the United States.
~ Ia h.. htafIA fa aFaNtQd
general publicity work carried on by
the Southern Commercial Congress for
the benefit of all Southern States Will
| 20 forward without cessation. The
movement has already been a distinct
| success in stimulating local confidence
and in creating desire for co-cpera-
| ton among the commercial organiza-
lions OF the South who In a sense have
similar problems to meet. The work
OF the Southern Commercial Congress
is for "a greater nation through
greater South"
work OF the Congress.
1 The Southern Commercial Congress
Is a natural outgrowth of the organ
ICED effort being made throughout tho
South and is supplemental to all lines
of work carried on by Chamber OF
Commerce, Commercial Clubs. etc. II
will devote its power TO calling into
being throughout the South CONNER
TO strengthening existing orgauizR-
lions, and to prompting on the part Of
every thinking man an immovabie con-
fidence In the commercial destiny Of the
Southern States. At the same time, ~
will carry forward general propagAn-
da, beyond the power of local organi-
zations so that the South as a whole
may be fully understood and there may
come to II the development possible
through more investment In enterprise
es 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
northward. more unused but valuable
land and greater general accessibility
to coast line than can be found In COM
bination IN any other portion OF the
United tSates.
Commenting upon this stupendous
truth. The Washington Herald recent
ly said:
Granting the accuracy of this state
ment, II follows that there Is to be un-
folded south OF the Mason and Dixon
line, a commercial drama OF marvellous
meaning for the whole United States"