The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-04-08
THE CHARLESTON NBoARDoFTRADE.
SECOND ANNIVERSARY.

| Board, the polls were open petween tne HoolS
Of 12 and P. NJ. A handsome collation. was
served in the Charleston Hotel Club Room,
and large number Of the members and their
friends ate to the health and drank to the long
life and prosperity Of the Board.
At three o'clock the polls were closed, and
the President, E. ". Marshall, Esq, called the
meeting to order.
Zimmerman Davis, Esq, Chairman OF the
Board of Managers, reported that the following
gentlemen had been unanimously elected ON
GERS of the Board for the ensuing year:
| WI TRENHOLM, President:
JOHN B. STEELE, Vice-President.
DR.. d. BAER, Secretary and Treasurer.
The President then appointed the following
gentlemen committee to inform the newly
elected officers Of their election: Messrs. W. ..
Hastie, Andrew Simonds, and George W..
| Clarke.
The committee withdrew, and soon after re-
turned. lIr. Hastie introduced the new Presl-
dent, W. L. Trenholm, Esq, to the CHAIR, MI
E. W. Marshall, and the Board.
Mr.. Trenholm said:
MIR. PRESIDENT AND GENTLEMEN The honor
conferred upon me in this election is as Hucn
appreciated as it is undeseryed. 1t mas 8, oeen
my misfortune to have been provence otn.yo
from punctual attendance upon the meetlIgs
of the Board, but hope with restored healt1
| and more freedom from engrossing personal
| affairs, that it may be in my power herealter
to render to the Board such servl es as may
if not in value ST least IN the spirit they eAhlDit
| show the sense l entertain OF the Klnoness Va
the Board, and Of the Importance ana serV!c9.
| nr1nClDlo
| and value Of organizations nave never poHn
properly understood or practiced at the SCUM. I,
| We have always suffered from this defect OF tne
| the Southern character. lndlvlduallsm nus
| always been the prevailing characteristic VI
| the Southern man. 1t has It's advantages anu
its splendid resu's lndlvlduansm mas mas and nauo
| the Southern gentleman man OF marx anu
commanding figure in every State OF the
Union and IN every country in the world; put
II cannot accomplish the substantial, practical
Du1poses which are obtainable by organization.
Combination and organization were always
wanting to this commercial community. Inc
whole South felt the want OF natnrai tenuen. a..
and since then, notwithstanding the huSe
troubles before us all, we have with dlfhcuity
been made to appreciate the praclcai value OF
combination, and are only slowly beginning 10
adopt it as q prluclple. sn.5; :.
| In this point Of view, the Board OF iraue ID
an institution of much importance 10 tns c9n-
munity: not only in the real things that 1t has
accomplished, as in the principle it embodles
and the future it opens to Us. The establishment
| of The Board Of Trade was the first practlcal
stem towards the organization Of the commercial
elements of the community; these elements are
vigorous and healthy-alone, ana one 0y one
they must have succumbed under the oll1cu uitles
and discouragements IN which tne war @ lelS a1 US,
together, in combination, they nave Deen
strong enough to bring us safely through the
past. and they must carry us triumphantiy on
ward in the future. We must each forget num-
| SELF and stand by the common interests OF al;
| we must close up our ranks and rally unoer
the standard Of our association; we must stano
by our State, our city and one another; We mast nus
be good citizens and good merchants, lndl-
vidually and altogether; we must push on tne
prosperity and the commerce OF the city.
prolonged applause.]
The Vice-President elect, John b. Steele
ESQ.,. being next introduced, was addressed in
few appropriate remarks by MIR. Marshall IN
the course Of which lie paid q high tribute to
the active part MIR. Steele had taken in the Or
panization OF the Board, and the interest ne
had uniformly manifested in it's prosperity
Indeed. both Mr.. Hastie and Mr.. Marshall re-
marked that the zeal and services Of the Vice
President elect had contributed no little to
give the Charleston Board Of Trade the posi-
lion it enjoys. he alluded, deicately and
gracefully, also, to the proof the Board has
given in their choice, Of their entire freedom
from sectional prejudice (Mr. Steele being
Northern many.
Mr.. Steele replied, thanking the Board fol
the honor conferred npon him, facetously re-
marking that, should any accident call him te
the chair, he hoped he would not lay himself
open to charge Of "high crimes and misde
meanor.r and be arraigned before the E1ecu
tive Committee, constituted into "Higf
Court of Impeachment" [Applause.]
The Secretary next being called upon tor MI
annual report, read as follows:
/ GENTLEMEN: The Secretary, in presentlnf
his second annual report, desires, IN Dehan Q
himself and the entire association, to THANH
Almighty God for His mercies rendered tht
past wear. Death has twice entered our midst
fak;ne from our number MIR. James P. Earle
and s. G. Courtenay, no less valued as mem
bers Of this body than as public spirited citi
zens.
litical clouds that have overshadowed thl
community during the past year. tnlnk x,
| 49, -
brighter prospects just dawning upon US. =.
The condition of Charleston, commercially
and financially, has not yet been restored t
the prosperity she enjoyed in former years
but with every year, since the close OF the wal
there has been an Improvement, SLOW, perhaps
but sure; and while our affairs are still TO
from what VIC could wish them to be, they ar
l better than could reasonably have been ex
pected few months ago; the present big
ir,rice of cotton being probably the leading
cause Of this Improvement.
: With an enlightened and energetic admins
! tration Of our affairs, the advantages
Charleston s,s port OF entry, and her e1ten
sive network OF interior communication
ramifying in every direction, must ultimatel
: not only give us back the business OF forme
+ years, but such an increase as we have righ
to expect in view of the greatly augm ente
facilities of business Of every description no.
: at our command.
8 GENERAL BUSINESS.
: In reviewing ;he transactions OF the Boar
during the past twelve months, the Secretar
finds but little worthy of special mention !
, this place. The Board, in pursuance OF tn
g object which led to .. organization, has eve
: had in view the removal of all obstacles, as ia
as NAV be accomplished, to the increase Of tn
trade of Charleston. Their committees hav
had repeated conferences with the Militar
Commander OF this District, with the pres
I dents Of several of our railroads, and others
as circumstances, from time to time, SCENE
to suggest such action. Some Of these cor
0 ferences resulted in measures bestowing BIZ
Y nal benefits upon the business portion OF ou
cit- thouph II is not vet deemed necessary