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Southern Commercial Convention.

Macon, Ga., Oct. 14.
--About 400 delegates are present from nine States.

Mr. A. O. Andrew, of Charleston, S. C., was elected permanent President of the Convention, and Messrs. R. H. Manry, of Va.; W. A. Berry, of N. C.; G. B. Lamar, of Ga.; D. Hubbard, of Ala.; G. B. Sammey, of Miss.; J. B. De Bow, of La.; Samuel Tate, of Tenn., and J. T. Myrick, of Fla., were elected Vice Presidents.

The meeting was very harmonious, but no business was transacted except the organization.

The Cotton Planters' Convention will meet here to-morrow, (Tuesday,) and they will be invited to take seats in the Convention.


[second Dispatch.]

Macon, Oct. 15.
--The Cotton Planters' and Commercial Conventions to-day merged into one. The Committee on Commerce and Finance submitted resolutions recommending a modification of the sequestration act, which was laid on the table until to-morrow; also, a resolution recommending insurance companies to take risks on cotton stored in interior towns and on plantations, which was adopted unanimously.

A resolution declaring the proposed issue of Treasury notes and the present bank-note currency, under the resolutions of the banks to advance to planters, will furnish an adequate circulation for the country. To this resolution sundry amendments and substitutes were proposed, looking to a Government advance on produce, in Treasury notes and bonds, which are now subjects of interesting discussion by numerous speakers. The Convention adjourned until to-night. Discussion pending.

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