Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-12-04
By Telegraph
NATEONAE BOARD OF TRADE,
Second Days Proceedings.

C~IECTNEATI, December 3.-Ibe Ma
tionai Board OF Trade was called to order
ct half past nine this morning, by Presi-
deDj Frsiey.
Tie Rev. J. L. Robertson opened the
session with q short prayer.
a communication was received from
the Western Union Telegraph Company,
tendeFiEg the use OF its lines to the
members for the purpose of transmitting
messages to their friends and families.
Communications were received from
The Young Mems Christian Association
and the School B0srd, inviting the MEM
bers to visit them, and thanks were re-
turned f1r the same.
Nj. Randolph, of Chicago, chairman OF
the Committee on Credentials, presented
a verbal report recommending the ad-
mission Of members from the Corn and
Flour Exchange OF Baltimore, which
waE adopted.
He aIs) reported the delegate from the
Dubuque Beard Of Trade, and on motion
Of Mr. Kirkland, Of Baltimore, the dele
gate was admitted. Also 8 motion sd
hitting the delegates from the Memphis
Chamber of Commerce; also, a report
By the same, opposed TO admitting the
delegates from the Springfield, Ohio,
b ard Ot Trade, which was re-committed
to the Committee.
The Executive Council then reported
concerning the civil service bill, and, on
motion of Mr.. Wetherell, of Philadel-
phia, the Board was asked to favor the
passage Of the bill introduced by Mr..
Jeucks, of Rhode Island, at the last
session Of Congress. The whole subject
was laid on the table.
The next section Of the report was
that the Executive Council renew the
application to Congress fer q charter,
which was &C spted. The same in refer
ence TO the Central system was referred
back.
a communication from the Detroit
Mich } Board Of Trade, concerning tne
copper interests of the country was re-
ferred back, YVES referred to the EXecu-
tive Committee. Another from the Louis.
vile Beard OF Trade concerning the
channels Of tho Oaio and Mississippi
rivers was referred to the Executive
Committee.
A communication from the United
States Nail Line Company, rendering
the steamer America for a pleasure eX-
eursiOn, was received and the invitation
declined with the thanks of the Board
for the kind offer.
The following resolutions, offered by
the Chicago Board Of Trade, were the
q Of 8 great deal Of. discussion,
the delegates from the East generally OPP
pasing their passage, while the Western
Representatives as strongly advocated
their adoption, which WAS finally done,
by a vote Of ayes 40, nays %. They were
as follows:
WHEREAS, The custom prevails in
most cities at the Esabosrd, Of selling
produce, provisions and other property
nominsily for cash, but in reality upon &
credit to the purchasers Of FROM five TO
fifteen days, snd
Where's, The Western or Iatsrior
conE!gaor Of sueh property has been, in
many cases, obliged to suffer loss by
credits so given by his consignee to ire
sponsible parties, and at other times hss
been Obliged 70 pay largely for guaran-
tees by his oqnsiguee Of sales on a credit,
ResoIUed, That it is the opinion OF the
National Board Of Trade thst ell sales of
grain, flour, provisions snd similar prop.
eriy consigned for sale on owners &C.
count to commission merchants should
be sold for essh on delivery.
ResoIued, That this body recommend
to the local organizations associated with
the adoption Of such regulations touch
ing the sale and payment FOR property
ns will conform TO the foregoing resolu-
ton.
Mr.. Trezsysnt, OF Memphis, submit
the following, which was referred
ResolUed, That it lie the manifest
OF beth the Government aud
people, that the construction Ok railroads
should lee encouraged by the former. and
this can he done by permitting railroad
iron to be imported free OF duty.
Resolutions to secure the private
property Of beligerents at ses, freedom
rom seizure, and TO make telegrsphirg
psrt Of the postal system, we're introduced
nv Mr.. Trezevsns also, who, speaking ON
he tslegraphie resolution, referred
10 the time when letters cost twenty