Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-06-08
PHILADELPHIA.

PHILADELPHIA, June, 6-Board Of
trade Convention re-assembled at 10
O'Clock. President Fraley in the chair.
On motion Of Mr.. Randolph OF Chica-
go, it was unanimously agreed to meet
December next at Cincinnati.
Mr.. Blow from the committee appointed
for purpose, reported resolutions which
were considered and referred to the ex-
ecutive committee. The resolutions set
forth that the interests of milliens inhab.
iting, and to inhabit the Mississippi Val
ley require the adoption by the Federal
government among other measures ofim-
bTovement, by national or international
appropriations, of all the outlets of the
valley, andthe removal Of every obstacle
to navigation upon the Mississippi and its
tributaries. Such appropriations should
only be limited in amount by the COM
pletion of several works between the
Pacific and Atlantic oceans, and by banal
or railroad across the Isthmus of Cen
trail America. Such works to be solely
under national protection. Subvention
steam lines for postal and commercial
communication between New Orleans
and the principal ports OF Mexico, Gen.
trsl and North America.
Resolutions were also adopted in favor
of a reduction OF the whisky tax to not
more than so cents per gallon.
The Executive Council was directed to
apply to Congress for a charter for an
association.
Mr.. Hoffman, of Philadelphia, pre-
scented the following, which was referred
the Executive Council:
WHEREAS, The National Commercial
Convention which assembled in the city
Of Boston in February, 1858, passed the
following resolution:
RESOLVED, That the central system Of
measurement Of all products of the soil,
is best adapted to the requirements of the
trade of the country, and is in harmony
with our decimal system, that it be re-
commended that on and after the first of
August, 1858, each association represented
in this association adopt the central
system in the sale, storage and transpor-
tatiOn of said products, and we recon-
mend that on and after the LIST of Au-
gust, 1858, two hundred pounds shall
constitute q barrel Of -four or meal, there
fore,
Be IL resolved, That the Executive
Council be instructed to take immediate
steps to carrying out the objects of said
resolution.
Mr.. Fosdick, of New Orleans, sub
mlGteO TeSOluIlODS, WHICH were referred
to the Executive Council, opposing the
proposed charter to private individuals
for the purpose Of constructing q canalo T
chsnnel through Pass Loutre, one Of
the outlets of the Mississippi river
to the sea, and declaring hat the
Mississippi river, being a national
highway, should always be kept
free from its highest nSvigable point
to its outlet, and no change OF any ma
ture, whatever, should ever be exacted
from shipping navigating it; that the
Senators and Representatives in Con-
gress be respectfully requested to oppose
the passage OF any such a bill, and re-
quested to urge the passage of 8 bill for
the removal of all distractions to navi-
cation on the Mississippi and its tributa-
ries the work to be done under the d.
rection of Government officers, and not
as heretofore by contract.
Davis, Of Toledo, presented q resolution
recommending Congress to provide that
National Banks shall not be allowed to
sell any part of the gold received from
the Government as interest on bonds
pledged for their circulation, until the
amount of its legal reserve is entirely
made up in coin.
The Convention then adjourned sine
die.