Freemasons' Hall, formerly the Savannah Cotton Exchange, was built in 1876 in Savannah, Georgia, United States. Its function was to provide King Cotton factors, brokers serving planters' interest in the market, a place to congregate and set the market value of cotton exported to larger markets such as New York City or London. By the end of the 19th century, factorage was on the decline as more planters were selling their products at interior markets, thus merely shipping them from Savannah via the extensive rail connections between the city and the interior. The cotton exchange went out of business in 1951.