Evening star. [volume] (Washington, D.C.) 1854-1972, 1865-11-11


BOARD OF TRADE-The Board Of Trade Of
the District OF Columbia held a meeting We'd
nesday night in the Council Chamber, City
Hall, the President Geo. w. Riggs, Esq., in
the chair.
The Chair laid before the Board letter from
mr. a. Gallup, manager of the Bankers and
Brokers Telegraph Company, proposing 70 in
treduee into the rooms of the Board OF Trade OF
TINS city branch office. The communication
was referred TO the Board of Directors.
MT r Elyans, from the subcommittee to
oraft y-laws for the government OF the Board
OF Directors, stated that one article should
come properly before this meeting, and that
was article 9th, which required the election of
n Board of Arbitration, to consist of five mem
berS not one of whom should be member of
the Board OF Directors.
The following were elected a board of arbi
tratioB John l.. Kidwell, +. b. MOhun, Jas.
l.. Barbour, Saml Lewis and d. b. Clarke
MIR. X. vi. Hall said he desired to keep mn "a
much agitation As possible, and to keen the on
erations of the Board Of Trade before the peo-
pie; and he therefore moved the appointment
OF a committee to take into consideration the
expectancy of building an opera house, with a
room connected with it for the meetings OF the
Board of Trade. He thought they could induce
some capitalists TO go INTO the matter to the ex-
tent of $4,000 il the board manifested a dispo-
sition 10 put in another s5O,OOO, and build an
opera house worth at least SIU0,OlO.
Mr.. A. X. Shepherd thought this movement
was premature, for the board would have to
&c, a charter from Congress before anything
The resolution was finally modified so as to
authorize the committee to inquire into the ex-
pediency of erecting building for the meet
Ings OF the Board of Trade; and Messrs. X Nj.
+. B. MOhun and ). Bacon were appointed the
committee.
Mr. J. f. Ellis said he desired to call the
attention of the Board to a matter which de-
served their consideration, and that was the
growing tendency on the part OF the people
acre to send elsewhere for every trifiing article
they needed. He hoped that this matter would
be attended 10, and that our own mechanics
would be patroniZed-
Mr.. Riggs said he thought the establishment
of a Board of Trade would remedy all of the
matters complained of by Mr.. Ellis.
MIR. EIYans said there was enterprise
here. the Atlantic Steamship Company, which
ought TO be patrOniZed and sustained, for nearly
all of its stock was owned in Washington.
That was one matter, but there was a necessity
that the next Congress should pass general or
a special act so as to allow the Board of Trade
to be Incorporated. A law of limited partner
ship was also required, and this must be acted
upon during the next Congress. In view of
this matter, MIR. Elvans suggested that the off,
GERS of the Board of Directors, with such addi-
tons as they may choose to make, be a CON-
mittee to represent the matter before Congress.
MT Morgan referred to the fact that the
Atlantic steamship line had been mentioned,
and he advocated It's being patroniZed, as il
was emphatically Washington enterprise.
The President MIR. Riggs here stated that he
noticed Prot Henry in the room, and he hoped
10 hear from him.
Prof. Henry responded, and said he was
there n casual visitor. He had seen a notice
Ofthe meeting, and Its importance and charac-
ter had struck him forcibly. Washington much
wanted institutions of this kind. He referred
TO the fact that the city had been denOminated
one OF magnificent distances, and that it had
been much slandered, and he hoped this
ganization would give the lie to previous re-
ports, and that Washington would not be a
byword in the future, and be considered of no
commercial Importance: He spoke al length
of the advantages that Washington possessed
naturally, and then referred to the Smithso-
MAN Institute one of the features of Wash
ington.
Professor Henry made some interesting ex-
plantations in regard TO the history of the Smith
sonian Institution that we propose to recur TO
hereafter with more room al command.
On motion of MIR. Bailey, members of the
press were granted free access 10 the rooms of
the Board.
Mr. A r. Shepherd introduced the follow
ing resolution, which was unanimously adopt
ed:
Whereas it is currently reported that the Bal
timoTe and Ohio railroad propose to make their
connection with the West at Bladeas burg,
having the terminus of the road recently char
tered at that point, instead of this city, to the
detriment of this metropolis, and in violation
of the general understanding among our citi
zens; therefore
Be d reSOIred, That a committee consisting OF
the president and two members of the Board
Ito BE- selected by the president) be appointed
the Baltimore and Ohio railroad, with a view
TO having the terminus OF this branch road in
this metropolis.
Mr.. Mitchell introduced a resolution endors-
ing the action OF the Board of Directors rela.
tive 10 the running Of cars through the streets
and the Board then adjourned.
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