The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-03-08
MEETINE OE' THE
CORN AND FLOUR EXCHANGE.
EXCITING DISCUSSION.
SPEECHES, RESOLUTIONS, &C.


Messrs: GEO. Cook and H. NJ. WARp1EIp were any an
pointed Secretaries "eie "p
The President then read to the meeting the fol
loving report OF a committee previously annointad
The Committee appointed bv this BOARD IN tak
INTO consideration the selection of suitable loca
tlon Tor a building to accommodate the increasing
business OF the Corn and Flour Exchange have at
tended to the duties assigned them and boo 49, ..
to report, that only three locations suited 70 49,
purpose required have been offered to them viz
the Second street Church property fronting 81 feel
on Second street, and running back 1877 feet to an
alley-prlce $4,000. The propertv of Col Eana
on Exchange Place, 60 front byi s5 f. deenNS7n 400
and the property of Mr.. Z. Pratt. on the corner nj
Bowlys wharf and Wood street. fronting on III.
former 81 feet and on the latter So feet Mr. Pratt
repeats an ofer heretofore made to another commit
Tee from TINS board viz: to erect suitable buildno
on his site, for the accommodation of the associa.
ton, the annual rent of which shall be So. 400 q,
whereabouts, and the association to take lease or
1t 10 Tor term of not less than ten years.
The drawings herewith will show the stvla nj
the proposed building, and the character of the ac
commodatons for Corn and Flour EXCHANGE"
-FOUR committee Is OF the opinion that the only
practical plan for aspeedy removal of the Exchanre
from Its present rooms is to adopt the offer of Mr.
Pratt To purchase either of the pieces of
which have been offered to your committee orr any
other suitable property that may be hereafter Offer
ed for sale, will require the cooperation of othn,
associations, and an appeal to our merchants gene
rally for subscriptions to complete the
The result of such appeal cannot but he cons
dered as doubtful and if successful it is still mat
ter OF greater doubt whether this association could
De petter, II as well, accommodated as it can be in
the proposed building of Mr. Pratt's.
Your committee therefore offers the follou;no
resolution: '" ~
Reso'red That meeting of the members of the
Corn and Flour Exchange be called, to take into
consideration the proposed removal from the nras
ent location, and to take the sense of the menbers
on the recommendation of your committee.
IHos. w. LEvERNG,
Fl. L. WHIrEIDGE,
po,..u GEORGE H. KYLE,
=, he also read the following communication from
the Provision Exchange, with the accompanvino
note from Mr.. ADAMS, the President:
Rooms OF THE Provision EXCHANGE
H., MN. Baltimore, March 5, 1858.
President Corn and Flour Ecchonqe Association.
DEAR SIR At general meeting of the Proyi-
sion trade of Baltimore, held this dav. the accom-
Pahylhg preamble and resolutions We're unanimous
~ adopted. May l ask the favor of their being
presented at the proposed meeting (to-morrowl Of
your association W
Very respectfully your obedent servant,
JAS. C. ADAMS
~ President Provision EXCHANGE
w hereas, in the purchase of the Merchants Ey
change property by the General Government our
community is left without place of common Assem-
page Tor those representing the leading branches
OF trade; and whereas the general interests of oil
large commercial cities REQUIRES some fyad c.n+ra
from which the combined influence and sentiment
Vi tne mercantile community may emanate-where
puolic meetings may be held, and where, in short,
interests may De concentrated to facilitate action
Tor their general benefit; therefore
fesotsed, That the Provision trade of Raltimora
request the members of the Corn and Flour
hxchange Association to take such action at their
meeting OF tomorrow will enable the various in
terests concerned in the erection of a new Mer-
chants Exchange Building to unite their means and
EFFORTS or so desirable an object and that with this
view the proprety of some central location be fully
discussed. ~ -'
fesotred, That the President of the Provision Ex
change De requested to forward the above preamble
and to the President of the Corn and Fonr
EAcnahge ASSOCIATION, prior to the proposed meet
ing IN reference to this subject
F. B. CApRoN,
Secretary Provision Exchange.
Baltimore, March 5th, 1858.
MI. HENRY DuyALL offered resolution adopting
report OF the committee in favor of selecting the
building of Mr. Pratt.
Mi. ROBERT FOWLER, moved that in voting unon
TINS proposition, the vote should be taken by ballot
owing to the difficulty of ascertaining the result in
any other way, (the members all being upon their
ieet IN consequence of the absence of seats in the
l o'clock "ep' opeA "i'h
. Mr. II. D. CAPRoN, could not see the necessity
lor such course, attended, as it must be- by great
delay, and suggested that the usual mode should
first be tried, and the other only resorted to mon
that proving impracticable.
MI. ROBERT TURNER moved that the roll be called
III Young upon all the propositions before the meet
ing, which he regarded the most speedy and cor
manner oil testing the sense of members thereon
Mi. CAPRoN-l would willingly adopt the suo-
gestlon OF the gentleman as conceive that votes
by ballot cannot but be attended with DELAY.
therefore second the motion of Mr. TURNER for
call of the roll.
The motion was submitted nv the .pras;do,t and
decided IN the negative by large vote, sira roce
Mr. CAPRoN then called for vote upon his mo-
uoh TO vote rird rOce upon all the propositions that
might De submitted, and a vote being taken there
on, 1t resulted in its unanimous defeat--not sinoe
voice responding affirmatively.
MI FOWLER then called for vote upon his prop
1sltlon winch he now offered in the form of a reso-
luton, as follows:
Resoteed, That the Chair appoint tellers and that
the vote be taken by ballot on the resolution of Mr.
DCFALL, and the polls be kept open until o'clock
shouid the tellers deem it necessary and that each
voter attach his name, or the name of the firm he
represents, upon the ballot
Mr.. ISRAEL NJ. PAIR wished the President 70 :,
FORM MN before vote had what constituted
"a legal voting member.
Inc PRESIDENT in reply, read the 9th section of
.nelr charter which provides that "all persons who
and pay So and subscribe IN nav Sl0
annually in advance shall become members and
that such as had not paid, as required, for
the current year, were not entitled to vote
g Mr; ARR moved to insert II o'clock as the hour
for closing the polls.
Mr.. JOHN WELBY named 2 O'Clock which nronoS;-
lion prevailed, and the resolution of Mr. Fowler,
as mus amended, was adopted, and the chair an
pointed as teers, Messrs L. f. BALLARD and SAN
MI. WIN. CREIGHTON, here addressed the meeting
stating that he did not conceive that this mode of
Young would be carrying out the object the Associa
tlon mad IN holding this meeting, as there were a
nuoer OF sites proposed, and under this resolution
e friends OF other sites, than that proposed there
M were debarred from any indication of their choice
without hrst voting down this proposition and then
providing by the holding of another meeting for
an exercise of their preference The voting simply
or OF against this single proposition, was the only
question thereby submitted, and in order that the
whole subject might be disposed of by one ballotng
he urged that the vote should be had upon propo,
sltlon, embracing the leading sites proposed so that
each voter might append to his ballot, the name of
hat location he favored, or whether he would pre-
Ter to remain in their present one.
Mr. DUyALL said the Chair cannot entertain such
proposition after the meeting had adopted his res
)l9ton without its reconsideration
Mi, j. D. TAYLOR moved a vote of reconsideration
order that the proposition of Mr.. CRIcHroN might
De considered.
Mr.. GEORGE KYLE here stated that it seemed to
1lm that combination had been formed to enforce
| decision, peremptorily, by parties who had been
brought TO the meeting by agitators with that
express view.
Here the confusion was such and noise so great
rom calls of question" 'come to order" speak
o the question: &c, from all parts of the ROOM
nat, although the gentleman continued to speak
us remarks could not be heard or understood
Order at length being partially restoredw I'VE were
be to discover that his object was the advocacy of
location upon the wharf, upon the ground that
heir quarters should be where trade naturally ex-
sted, as he commended.
Mr.. DuvALL protested against an insinuation that
lie desired to enforce any action whatever, as he
lad come to the meeting to consider only the nte-
ests OF the association He thought his PROPOSE
ION was in strict accordance with such interests
lie was prepared to go anywhere, however. that
majority of the association should deem the most
roper place, and could not but regret to hear the
Gentleman express unkind feelings in the consdera-
ION OF the subject intimate that others were not
oVerned by desire to serve the interests of the
ssociation.
Mr.. PARR-The gentleman is out of order. He
himself charged that Mr.. KYLE was out of order in
dvocating particular location at this stage of the
roceedings, and now does the same thing.
The PREsIDENT.-The chair is aware that neither |
u the Geptlenpep Stitl, n !.