, 1862-10-24
MEETING OF THK BOARD OF
TRADE,
Rfne1suaeA On the Schedule of Uons
A1safQAN,

.,..- '
eH"a'
Alter the reading ard appfoV4 OF Inc MI
nutes Of the previous meeting, Presldent
"hsEAsn ea'4 - s.-.s|,. ~,
lad been neld ON hondas last lney oia not
deem it expedient to adopt the rules relative
TO rates of commission, but referred the
whole matterb,c1 to a full meet,no If tho
Ros,a hato,a thav .hon1d -af.sa :. sIon.
The flmple reason was that the Directors did
Iot believethat the rules would be carried out.
Mr.. HoreurE1,Hf, des{rr4a that aorae one os
n,-...s-. .1 ~ .''1t1 Wv "a
why the Directors refused to adopt the rnles.
MrRRr NELSON desired the nrncera,nqs
WV
OF the mee1lng oi me directors 70 pc read,
wn1ch ~ Fe9sfpe. 8 p ~as aeeeaeo TO- and they were
read by The fresldent. =
a discussion mere ensned Is g the action OF
ne 3 o'5e&ss, naaca WAS pasaeaps5so u o
eesefM members. ,x
M. aoGGH1ErNo reVlewed Tue history OF
Inc se5e1o,e s1a o 11e We walc9 ce Is eaus,nE 80
as muea ,esS- p. ns ~ r. o4e & ~ 'as SoMsLs aa1n
1f Mresart. ~ eI3d r.. 40 ror,it4sa "a Ro
.ne pe aasaa1. a4 t. ~ thcta s1se enn 9 eee noasn
Nefs uosatmoos , 4a ~ sas4s applvHfA VI 1ne re-
polss NV .ne s ~ ~ amopvsa ~ 1as &. ;s.gss.
t1' ese4 - 4stH ~ ~ ;raet"s ~
mS ane S,,t - .e .svs-ts ~ 4t.. p'1
ts-41.:-r nl.n T., :, t,t - .X.,.t - = .-s1
a 1--we ~ X ocrotae u sn5 ~ .aI ~ .atn ~
nan5 z ~ ton1ht thev haa haPter ry W. eas
~ r;.41 1 ~ H. RnaId ~ ~ rssso-r ~
w 1. 'o N
p!PpaGT{ + {1xnrpwoon III onofht there v.rs sonoo
xs..c,.. - Ennfd evaae tha Ia - nr r,1es H N
PeaeunSS rs .Sa-as,S ~aw @av Tha on1p aav.nt,na
~ .h;n1, ~ +o-sff I'D -aa fh.+ rata.anro ,on1S
- .1aSa ~ - q ~ 9 hn9nnrahie ,ner 90 mears
tue ~ tha,, - a"n, ~ - ,;as A,.o -.
tza!e.e, " +r.ns.a.,cns II s1-re..ea ,hst ~
6ea+a. shn,,a 10 an.erde1 eo :. ~ - 81 nar
s+ snun .tt1taJ p1 s.rssn Ths Ps;de394 20. ~
a;neS ~ fh,t +hs nIIectn,s dis M. haIteye t5c
PIane1t1 cnn,d he e7forcr5 ~''o
AsA nav. in rsulg to Nj. Houzhte1fap,
eafd IL was verv stTanQ,e tbat 0entlemen
| shoulG come up here ut t6is Late d&y aud plead
! ignorance. He was opposed to ! tariff OF
rates because II takes away the life Of trade,
which is prospered by honorable competition,
! BE believed that it would injure trade Couu-
try merchants wou1d employ agents OF their
| own. He denied the right Of the Board to
pass arbitrary rules. They tend to make
men lees honorable. "You cau't regulate
any man honest who is not SO Of himself"
nor 1ta,11- other rnan', rould indye for him
He hid iitfv IN his Side. Whiie NJ. Dow hac
.4s n1u 10y ~ ~ ~ Sts "a" 1-ss tha he,rast
nern$ps w, ~ Als sade waS sae neas!sss ae,,
+h4;~ ~ s,t;nn i A nn.b;nr u,nre ~ less 4iaT
fact;ons oS,nosit;nn
WT Riru.pns enonsrpd ~ the pras:den
whether the Directors would carry out tn
wishes of the neetinr Tonight, The Pres;
s.ar dae1;,oa ~ a1,S,lT fn1 hfz na-oc;stn:
tsut uteLIco ~ ape1A ~ ,,s. ~ ~. ~
| n1,.;- " ~ wheth.1 The DirectoTs had an
b onntr,1 ovar thr es.a11ishmant Of ratea
eo41aol 4sSr Sae,in..3 ~ a;lcnss tha @,sas+;o~
! Nh RJcntrns then endeayored to tia
3 : ron.+.;ns. n ra;at;on IN the ,narter IN n
. obo.t.r a5d hv-tsWs of the Roar5 Int f;nalI
) .a,,,a ~ ~ he conc,ns;nn tbat, h. <sson35n'
q s<,a 4 y - 'l0
No p.xno1 pu cnntanaed that thu n;rac
M hsa ~ r;oht ~ ref,,s ~ aaant sar az sc,adnl
~ ratas rev had h. On snnc;s,fu instrncte
70 " 5 nau go pssn - ~.
q ~ ~ X aEr 10y ti,aea W .o
..s;,. @ -" nasa.@ to n;rea,o-s ~. ,,ot
: sunk ~ ,14s-o.,e - -S, 1nsra rgS !
oEposiuton ~ ~, nus onthst;o.t y. 'n9 0'aAo'
1dI.any ~ ~ .u%s 1Tn~"d 4hst +ba raso,
S MlRk1 NELsuS mgseu W LIZ. tne tesoa op