The bunkers of the country Imvc been holding aconvention ut Niágara Kal Is. At this assemblage all the resourecs of the country have been discussedi nul varieJ aud contradictory opinions have been aired in recaní to the stability of tl'1 linan al systeni of our country. Aiiion the papers read was one diseussing the industrial resources and industrial i)rogrcss ofthe - Atlantic cotton itatec, ty Dr. A.ndrew Si. monds, prerideni ui' the First National Bank of Charleston, S. C. In this. report Jr. M monda shows that by the uh of phospbate depotlta on the coast of South Carolina as fertilizers the cotton erop in the South Atlantic ha been noticeably inil. By contiuuing the use of fertiliers, the Atlantic state eau be made toyiekl I large if not a larger cróp of cotfou per ere tliau the uw and richaoil oí the irtstrn gulf States. Faetones have been estabiisucu Dl tnc smuii ifi v- t ..... verting tliis cotton intocloth. Tlu se factoics are built with southern capital, and outhern laborers are employed as factory ïamls. It is gratifyingtosee these iinprovemeuts in the coiulitiou of the south. A very fewyearsagothesouihern igrKtUUirUt WM satistied to glean the scauty erop that a worn out soil ooW oe made to jiroduce „ :.i. tia teut lunount of labor Tliociop when gathered was of no use tothem withut the aid of northern and foreign manuaeturers. For genei-ations past the trainng ofthe southern mlnd has been effeminUng in the extrema, The energy that is f late displayed by the inhabitants of tlie south Atlantic States, in eataMhlüg uianuK'torie.s in tlieir midst, boHdlÓg their own stablishments with thelr own capital, rai)loying southern imisclc to produce the rude material and to convert it into the elieate fabric for the consuiner, is gratifyIg to every one that has the interest of the nited country at heart. Xew inda-tries, on of the country less dependent apon ther sections thau heretofoie. Wlien the people of the south begin to bestir thcinselves and to realize that it is for their advantage to avail thoniselves of the experience and inventions of the more practical northern mind.when the people ofthe south lbOW such signs of thinking and acting for themselves as those mentioned abovt-, e canpredict speedy advancement in thecondition of all classes of society.