The New York herald., 1862-01-03
CHAMBER OF COMMERCE.


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The Tarim Question-Our Public Deb,
ana Ta1atton Canvassed-A Disg ra cexu
scene I'm the Chamb
Areguar monthly meeting Of the Chamber of Com
msrce was held at their one O'Clock YESTERDAY
'ne Doaro oeng represented by quite large
OF mempers, Mr. A. Low in the chair in the absence
Of the President
After reading the minutes Of the last meeting an election
ior new members to the Chamber entered nto when
the following gentlemen admitted John E. Forbes
Daniei Willis James, John slade, George Cabot Ward,
David Watts Mayor elect Opiyke having resigned
the charcanshp OF the Committee Arbitration, Mr.
Robert B. Minsurn was substituted in his place.
Tho committov appointed at the last meeting OF the
Chamber to present memorial to the administrator roa-
| tive 10 the protection Of American shipping in
European waters, reported through their chairman,
Captain Marshall, that they had proceeded to
| Washington, and the affair was now progress
| ing fayorably. The committee had visited tho Pre-.
sdent Secretary Of the Navy and members Of the Cabi.
| net, whes the Secretary informed them that he had
already despatched one vessel to protect shipping
from privatsprs, and would detail Snosher as soon as
| possible
The CHARMxr hefs rose and at easSh alluded to
the Tariff bill rscsnty put In force There had recently
been passed by Congress Tariff bill, which would
York. and it would be advisabss for that body take
some action in the waiter By the present rebcrod
Iarge amount Of commerce had been annhin,et 1t
would be well for the Chamber in his opinion, tc look
into tho propriety Of Isgieating properly With HHeo
tariffs in existence, goods coming to this port
them, he thought his duty call tho attention OF the
Chamber to the fact.
Mr.. RICHARD LArHERs folloysed the Chairman by readg
long communication relative to the question
He argued at length upon tho policy pursued in tho
present Congress relative to taxation 1t the duty of
tho Chamber to call the attention. Of Congress to the
mode of legislation. Too much dsa.e had already been
spent upon protess discussion Great evils
they threatened with unconvertible
cy, an enormous public debt and an impaired public
credit, umloss Congress could be induced up
the exigeney Of the times. Success tho peo
pie appealed TO in proper and equal method of tax.
ation The banking interest, which suffering so
severely, would be greatly relieved in this manner Tho
gentleman concluded by Offering the following resolu.
tion:-
Resolved That the President and officers of tho Cham
Der be COMMITTEES, With power TO add to their number,
to consider and digest respectful momoia to Congress
asking for speedy passage effective laws by which
such equal taxation shall levied the several states
and Judcious system OF excise devised sustain
the public credit and form stable basis for tho payment
of tho interest and tho ultimate liquidation the prin
cipal Of tho public debt
Dir. DEsxlso followed in favor Of tho resolution
5000 900 600 would be required for the nations
present, while but Sl00 600 900 could be obtained from
the importation Of tcas aud other articles Individual
taxation would produce the remainder and there was no
doubt but that the country would support tho burtha
Mr. ROYAL PHELPS General wEIMoR: others followed
Of tt resolution, when finally passed.
Mr.. nE.ls offered the following resoIuticn:-
Resolved That tho merchants of New York have seen
with surprise the construction which the Secretary Of the
Treasury has put upon the late act Of Congress
to increase Of duties uncertain articles of mercaa
dse and that the Executive Committee OF this Chamber
DO instructed prepare TO its being made
applicable goods in bond imported prior passage
Of said law and goods on shoboard prior TO ths7th
Mayor eject OrDYKE hoped that the word .sregret,
would be substituted for the word surprise in tho
solution
Mr. lHsps concodc. tho point and that he hoped
it mistake OF tho Secretary Of The Treasury, but he
was averse speaking all the point les, he might be
od into saying too much He had shsh respect for the
Secretary Of The Treasury Tho present Tariff bill had
been sprung upon them quite suddenly, and articles
which previously subject to but tariff
Liable to two II expressly implied in the new
law that oil articles subject o tariff should be imported
from foreign countries, and that the articles aenable
the former tariff should be substituted by Others Tho
Chamber were willing TO support tho government in
overy available manner, but he thought thacths
law should be modified in the manner TO which no al
luded.
MIR sruRaEs hoped that the feeling which existed hs
tween tho merchants Of New York and the Secretary OF
the Treasury should continue.
Mr. OrDynE certain that If the Secretary revewsd
the In question he would make tho necessary
struction u,on it,
Mr InID1soy General wrIxo@k and several others then
followed in lengthy discussion OF the points ISSUE seye
raj members giving ideas any way connected with
the subject. The resolution, however, was carried.
CAPTAIN MARSHALL an ation To the Chamber In
visit the Stevens battery at Hoboken the 4h OF Janu
ary, which machine he dcnominate ~ nondoscrpt.
General wETxoRs offered resolution that committee
be appointed to report the efficiency Of the battery
Mr. Pr opposed the resolution Ho could not see
what the Chamber hal to do with batteries.
General wErMoRg asserted that they Interest ia
the defer the harbor, everybody knowing what
of nctccncy they in at the present time Any
Mr. Drss,Se Dusn asserted that merchants were those
who most interested In our harbor defcnccs The
previous speaker had ounded the question what
the Chamb,r had to do with harbor deienccsy
Mr.. PIEirs (cxcitedly)-Mr. Dner bas always mis-
stated what have uttered. This is not the lst tine
| ihat the gentleman has TAINTED and magned me- lie
| has been In the habit Of tauntng mo
Mr.. DurK- merely alluded 10 his own remarks when
| he spoke Of the harbor defences OF our city.
Mr.. HSh.s-I din'. say IL. never made use Of this
| The Cg,IRN.x-Mr Ducr yor are out of order Sir
| Phelps is but responding to yoar assertion
Mir. LrrR-I cal for reconsideration Of the whole
question once, in order that may have opportunity
Mr. Punps-Your practice has been, since
| I became member Of this Chamber, TO mis-
| ing man, and will not stand your language.
| shall b. driven from the Chamber o. you will moiiy
Conf sion was now the ordcr OF tho hour tho chairman
doing all in his power to quiet both gentlemen. Ia the
meantime the question with regard to tho stevens bat
4 motion to adjourn was here passed Mr.. Phelps then
walked up tho part OF the room whore Mr. Ducr stood
and spoke cxcciy to tho latter. He asserted that b.
| had ruined every organization with which he had been
connected that he had known him for ten years, and
| that he would yot bo tho ruin Of the Chamber.
| Mr.. DtFR--You lilo, sir.
1 Mr. PuxLss-You quarrelsome, queruous man,
| fond Of bringing every one into trouble.
| Mr. puEa with high wrath)-You lie. sir. You lie
Mr. Iheps then induced to leave tho room without
| further argument, when the members dispersed
Personal Intelligence.
grand silver wedding will take place this evening nt
the residence Of Major wm Watts late of the Twelfth
| regiment, New York State Militia. There will be q very