, 1866-01-20
mERc1xAN1S, EXCHANGE.

4 printed COPY Of thc act Of incorporation, Con.
tt,tnlion md Bylaws, With list of o1cers torthe
current year, Of the Chicago Merchants E1chan.e'
authorized By an act passed at The last sesslon of
nur StAtc Legislature, IL now before u.s. the move
nent having assumed definite shape and direction.
The Exchange, ns is well known to our business
men, IL = consequence and exteneion Of the Gro
.ne purpose oi a1ording facilities for The purchase
and eale Of commodities not coming within The 10
gitImA'e Ecope OF the Board Of Trade transactions.
above named. We extract The following paragraphs
showirg he results atTised At:
The AsFoctahCn Is empowered to 1ppotnt 1nSpet-
torF, CANCERS and messufeEs Of merchandisc, also
10 spIotnt '.eommittees OF arbitration md appeals
IN mniters Of dispute. whose award Is legal ver.
Dict thus placing the law business Of the msf-
chants IN 1bctr own hunds, instead Of submitting It
to courts and tues, who generally know litsle Or
nothing OF mercantile usacc, and further, eaving
zone Great ob3sct Of this corporation Is to ele-
y0te mercantile character, and dfscoUn1enance all
uncomme1rial cr. 1llegitimate transactions, such.
termed) t.khnrt."
.sQneet!Lns or interest to the mercantile COM
muu!ty nte continually arie1uE. upon which this
eaeet-ior Instance, the relations Of commercial. o.
more especially. strcet brokers' to the merchants
and how far 1t Is desirable to encourage thef Rer.
or taxation, ~ appral 70 the proper antho1tles ior
n dstts from 20 respectable body as this corpora
tior, Will slways command sttertion,-an iust1nce
Of which is found In the recent action Of the Com
missioner Of Internal Revenue, In references to tax
Ing the travelling sAlesmen Of merchants a. brokers.
The 1ntprfous and suicidal policy Of western Eatl-
roads in thelr tariff Of prices, and the present mad
ncr OF handling grain In our city, call fot an cIpres-
zion Of the sentiments ofour united mercantile In
te1ests, and for remedy.
The corporation ts empowered to Issue stock lot
purTotte which II may require. and ii il proposed,
IT toMe future lime, 10 e1etf baiIdtng With accou1-
Eodniions fer good exchange, reading and Ice.
tlre too1nt, where defpatchea nom The principal
clues sha! be received daily. giving current quosa.
tons ior The leading articles in dry coods4 grocer
les, LalnRnre iron. Gfs. drufs etc. etc It's also
propo~ed 10 commence the collection OF general
1ihlar, md Library OF Reference, for the use and
fnetsrction OF merchants and their clerks, snd 10
tuInish the reading sGon With the bert commercial
nep spspcrt flom Ill parts Of the world There can
lie lli.le doubt That the etocl Of the corporation
VIII le a remunerative investment. II suitable
hrl1d}pgik erected.
The eurpYes&ton Of the rebellion, having opened
cities tilher;o 1tsl1lctcd from tndc to the com.
TeTce ot the world, it behooves the nerchants oi
Chicago. by thst untf On Of tcuon Through which
Rg1.td rsfn1e are accomplished TO retain. 80 1ar
T. possible the hrsnest secured 10 II BY reason o!
tEt wsr aid 10 extend lie influence and advantage.
10 la1rrr ard norc distant hc1de. The geo
clspl1tsl position OF Chicago Is such, thai
In ntdtr 10 successfully compete with
0,ker asEc cities for heavy business transactions
she J4t 1T nc very Cf ft1nt period have direct tyAa{