The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-04-07
: - :
Board of Trade.


was held last evening in their new room over
the Merchants Exchange. The room is very
handsomely fitted up, is much larger and
great deal more convenient than the old one.
Superior accommodations are afforded the
reporters and all the appointments are OF
superior order, and reflect credit upon Messrs
Hersey, Shurtlef and Rich, the Committee
Eswho fitted up the room.
T. c. Hersey, Esq, President of the Board,
presided.
The following gentleman, proposed at the
last meeting, were admitted members of the
Board, viz: Chas. II. Blake, J. NJ. Kimball,
E. II. C. Ilsley, Edward Shaw, A. A. Atwood,
Charles S. Fobes, ]. w. c. Morrison, Joseph
Walker, Albert Webb, Chas. II. Chase.
The names of several gentlemen were pro-
posed for membership, which stand over until
the next meeting.
The Chairman of the Committee on Hotels,
stated that nothing having been received from
Hon. ]. M. Wood in reply to the offer made
respecting the finishing of his hotel, the Com
mittee had no report to make upon the sub
ject.
Mr.. w. S. Dana read some extracts from
letter from Alexander johnson Of Wiscasset,
respecting establishing communication be-
tween Portland, Wiscasset and Boothbay, by
means of propeller to run between this port
and those places twice week. They propose
at Wiscasset to furnish the hull and spars of a
$50 ton propeller, provided the merchants of
Portland will furnish boilers, engines, &c.
Mr.. Dana stated some facts relative to the
trade which would be obtained from those
places, and spoke of the Importance Of estab-
fishing regular water communication between
this port and Wiscasset.
Mr.. +. o. Libby concurred in the views ex-
pressed by Mr.. Dana, and expressed his will
lingness to take stock in propeller for the
object mentioned.
Mr.. j. II. Hamlen stated some facts relating
to the subject. He was decidedly in favor of
the project.
Mr.. Hersey thought the merchants of this
city had not done half as much as they ought,
to increase the business of the place. He
spoke of the policy of persons who had YES
sci sailing for an eastern port and not adver-
Using the same, and merchants and others who
wished to make shipments to such places were
obliged to run round and enquire whether
there were any vessels up for those ports. He
wondered that the press of this city had not
overhauled this matter and obliged the ship
brokers to advertise their vessels. He was
decidedly in favor Of establishing steam COM
munication between Portland and all the ports
east, where business could be obtained.
On motion Of w. S. Dana, it was voted that
Committee of five be appointed to take into
consideration the communication Of Alexan-
der johnson, Esq, of Wiscasset, and confer
with him and other gentlemen in reference to
the matter, and report at a future meeting.
Messrs. F. o. Libby, Washington Ryan, J. H.
Hamlen, VIM. L. Southland, and Jonas II. Per-
ley, were appointed said Committee.
The President announced the presence OF
Lorenzo Sabine, Esq, Secretary of the Board
of Trade of Boston, and hoped the meeting
would be favored with some remarks from
him.
Mr. Sabine ON rising TO respond was greeted
with applause. He remarked that most of his
life had been spent in Maine, and all Of his
family, who had gone, slept in Maine. He
spoke of the advantages Of Portland and of
its Importance relative to the trade of Maine.
lie thought there was not SO much Jealousy
between the merchants of Boston and those
of Portland, as seemed to exist: it was more
among the papers. The merchants of both
were anxious TO gain trade, and TO use the old
motto, it was the devil take the hindmost"
He spoke OF the importance of international
trade and regulations and of the reciprocity
treaty. In relation TO the latter he stated
some facts relating to the fishing interests,
that had come under his observation. He
said Portland was favored with continuous
line OF railroad, extending 1000 miles through
Canada and the West, while Boston was not.
In this respect Portland was much more favor
ed than Boston. He remarked that people
who live by the sea generally have large minds,
but as you go back into the country, the
minds are narrowed down. He had seen
remark copied from a Portland paper 1.-THE
Advertiser,) that the Boston Bulletin was the
organ of the Boston Board of Trade. This he
denied. Mr.. Guild was member of the Bos-
ton Board of Trade and had right to speak
of il as he pleased but his paper was not its or
gan. He expressed the hope that there would
be the most friendly feeling between the mer-
chants of Portland and Boston. Mr.. S. was
greeted with applause as he took his seat.
After some remarks from Mr.. Hersey upon
the importance of continuing the Reciprocity
treaty, Mr.. Sabine made some further remarks
in relation to it, and to the part he had taken
against the notice of abrogation being given.
Tie meeting then adjourned to Wednesday,
April goth, I IL o'clock.