Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1853-02-25
4 1.1,o71bcr- of Commerce, OF Board OF Trade.

The establishment of some association in the ma
tarc Of Chamber of Commerce, or Board OF Trade,
FOR this place has than once been suggested IN
commercial circles and the impression seems to be
n city general among mercantile community
tbat s,me such organization would be highly useful.
AMI have tendency to advance the interests OF the
place.
The objects and sphere of duties of such body are
very succinctly stated in the preamble to the arti-
cles Of association of the Baltimore Board of Trade
adopted in 1919. as follows
Believing the necessity of association Of citizens to
give tone energy their efforts in securing the advan
manufactures; and that this end may he accomplished 10y
the establishment of Board of Trade the duty OF whose
executive shall be consider all subjects of Internal I'M
1royement azated community, which may be brought
under their by members of the and take sucn
efficient measures in relation thereto the Importance OF
the uiect sha call settle and adjust all matters
relating the trade of the city to establish its
nIinances and maintain unity Of action for pubic g"oo
we hereunto subscribe the following articles OF aSsoca
ton"
The most importsnt objects are briefly set forth
above, which might apply with equal proprlety TO
the Chamber Of commerce Of N. York, which seems
to have the same ends in view. This latter BODY
received a charter from Cadwallader Golden, the
ROYAL Governor of the Province of New York in the
wear 1870 which charter was revived by an act OF
The New York Legislature, passed Feb. 18th. 1884.
It has been in operation ever since, with various
changes of fortune although it's power and influence
over commercial matters.in New York, do not seem
t, be quite as great as formerly-so many new and
peculiar clements Of commerce have recently been
introduced to give different tone and character
to matters and things there. The Baltimore Board
of Trade was incorporated by an act of the A1ary'
land Legislature, passed in May last.
The most important feature in all these bodies
seems to be the appointment of committee of arbi
tralion, whose business it shall be to arbitrate and
decide all disputed accounts and contracts and all
controversies Of mercantile character, which may
he brought before them by the members, In order
to render such decision, arbitration, binding. it
would necessary for the parties to have signed
a penalty bond, for such amount as the committee
may require, to abide by the decision of the same.
in looking over the annual report Of the President
and Directors of the Baltimore Board of Trade,
made on the 81 of last October, find that their
attention has been directed to large range of sub
iects to wit Memoralizing Congress for bill 10
guard against steamboat explosons,-for the i'm
provement of the Light House system-in favor of
the River and Iarbor Bl-in favor of the preserva-
tion of the Wheeling suspension Bridge, by declaring
it national post route, etc. committee was sent
the maintenance of daily mail communication be-
tween Baltimore and Norfolk, and through Norfolk
with large Southern section. 1t is thought that
to the effort thus made in great measure, is owing
the present running of such daily mail Internal
improvements commercial regulations, and al
manner of subjects seem, also, to have attracted
their attention, and procured their action.
But we have gone sufficiently far into detail. The
object of such association in this place would b.
to act the recognized organ of the commercial in
terest-to receive to make suggestions upon al
matters pertaining 10 the welfare Of the town. either
in its relations with other ports with the interior
of the country-to establish and regulate commercial
customs and ordinances and to decide upon sucl
when any disputes might arise between its members
The guardianship of our interests in the interior
and of the communications opened up by means o
our public works, should be placed in the hands O
yigant and regularly constituted body, who's
duty it would be to obtain every information in it
power, and from time to time, lay such information
before the community, accompanied by such sugges
tions as might seem proper. Our interests in thu
coal fields and our future prospects everywhere re
qnire careful watching. In taking any action 70
bringing the dangerous state of our navigation to th
notice of Congress, the existence of some permanent
recognized body, would be of great service so in
diSpensable, indeed. that some such body, in tn
shape of committee upon the River and Bars, wa
appointed sometime since by public meeting, an
has been acting since to the best Of its ability.
Enough has been said, however, to bring the mat
ter-although feebly-to the notice of those nteres
ted. Any further action must proceed from them
Should they deem such action necessary or proper
we hope that it will be taken promptly.