The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-04

Meeting Of the Chamber Of Commerce.
regular meeting of ths Chamber held yesterday,
At the Merchants Bank-Pelatah Perit Esq, in the
chair.
number Of communications were recsived among
others from the Chambsr Of Trade OF Cincinnati in
reference to the weight of candles. Laid the table,
The CHAnMAS stated that Governor Clark had entered
into correspondence with the Secretary Of sttt. with
refer to the dhpidated condition Of the storage
buildings Staten Island, but the government had re-
fuIed to repair them.
Mr. Cake BA1row called up the subject Of the usury
laws, and offered the following resolutions
y That A = ,s with regret d. tie
nszolyed. hat the opinion Of TIE Uha.nbsr
sse and ia. .h.Ssr 1s o
geremiins efforts disseminate information he ev Ia
hueace nrgent usury laws upon the great financial move
with to mpxpy them With brief aud
MARKS tor the better understanding of ths only
our Usury reform bin is lost for this session TIE orgu
ments and the tasts come 'ted with toe all
mos, EN- pbs,iay In our favor but unaa2piy both ar
acts and occurrences which We cited soming up
aIoul every day, showing the intoeraoe oppression
OF this law, We were only answered BY c'id sni heart
less vote against Some Of opponents
doubt aeuated by honest motives in opposing us ohecs
dsepgenuous and unfair in their opposition IT has
been by parties saiei ia the movements
Of legislation han am. that this law is Continued 10 its
present form because its complexities uca i've
business. Now that we have failed to make. during
this session, the impression we deemed ourselves
tted to look tor / would sugges. that the Chamber
refrain fom sny further lion body, leaving 1t FOR
some distinct AID properly organized association 20 gap
pie with su evil influences ss WORK in he dark Flick
and chicanery must certainly exist yhare behind
the curtain that might in compromiss the
dignity Of this Cham to encounter The In
ttore ahead may demand the exercise of warmth
end energy of action altogether convenient. for
numerous body We should therefore inme 1iHeiy
ths ons ,int Of rstormirg our usury ia va It has
sometimes teen said that We may have asked Tor too
great reform uptn this point I wonla say we have
idly svowed the opinions entertained in favor of
almost entire repeal at the time have mod
Grated our request down to TIE smallest conasvabs
approach 70 re orm. We probably have many sincere
opponents in the country have not the fain.est
conceptien of tho embarrassment il causes
to mingle usu,y quibbles with daily transact Of
the vast msguitude have attained 1t should
] be- our pleAsure ~ 1t will be duty, TO unde
| ceive this CLASS of our citizens. We must at the
same time seek with unremi ting zeal to exp ,se and
abate all underhand Influences to the end that this
have supeIintenced the sending Of than
thousand ccmmuncscns Into every nooL and of
teis vas. State closing our messages with an inquiry
rel ir by the leading interests Of the ihte:ior We
ctived many rep les, heartily sanctionng course,
tore accord int ligebce friend In the
country than do certain editors about Albany, who u-
dniIonsy disseminate the false notion that the farm
Unanimously opposed to disturbing the usury
,eee in this maitor il bre hreu Of the
Iy should prefer legislative guardians In their cash
| affsire.
| RoyAL Pnnrs STATED that The agitation was almost
useless while the present .cutivs ia power. NV
Clstk had told him (Mr. Pheps} that he had in.
formed the abolition Of the usury laws In England had
raised the ofnterest to nine rer cent aud with tha
tact staring him In the face he could not eppSove the
bu MIR. Phelps ASSURED the Governor that he mis-
taken that only two per cent was required but the
Governor would not be ,nvnoed, nor would the
bers of the Iegaature Indeed the later Ter the
impression that MI Barstow and the COMMITTEES we're
lot Of Wall street shylocks. who wished eat up the
commercial community. Uaughter) The {" deluded
As Mr. Phelps termed them, woud not be
convinced.
The revolutions eventually adopted.
Captain AalsHALL called the attention OF the Chamber
to the exhyagAnt postage pald fr lsttsrs ~
ocesn and argued that the great expense fell emf
grants.
Chas. B. Marshall c. Il. Dobnsy, Moses H. Grinneu
end Pelaah Perit appointed mittse to confer
with the Postage Reform Committes; after which the
Chamber adjourned