The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-12-16
,osu,fs of the National Ror. rd OF
Trade.

The tincinTah H'e~e''e aus sums up the
~.sontioas adopted ~ the Nationa, Board
# Trade held in chat city last week:
We gave f.,il reports Of the proceedings
n the bcLy, but the precipitation of the
Govern ncnt annual reports upon US at the
6nr Il adjourned prevented our summing
n. ,he results. These VIC shall state briefly
!, IN favor Of reform Of the bad GUS
.,a .; taxing thirty days time on nomi-
ra,,v cash sales of produce.
. 4 resolution requesting the Govern
-,srt 10 take measures TO procure an inter-
rs,;onal compact by which privateerine
Kali Ac abolished and all private property
q, sea exempt from seizure, except contra
hand Of war.
:. requesting Congress to r-9inibit the
carrying o! petroleum on Passenger vessels
4. That Congress sh,ll provide that Anne
ricsa citizens T.ay build or purchase YES
.rls in any country, and have them regis.
,e~c3 as American, on payment of fixed
sa;y on their cost. That it shall allow q
h,nn;y on American materials used in ship
hgidlnC equal to the duties that would
have been paid If they had been imported
That our lines Of ocean steamers should be
aided by preference in carrying the mails
ST. liberal compensation.
;. Specie payment. The Board could
not agrce upon definite plan, nor was this
70 We expected from their brief delibera-
,;,ns. They had in their body the usual
diversity Of mems minds. To deal with q
ya'u:ne Of near eight hundred millions OF
irre,leemable paper money, and with the
general arrangement that is iuseparable
trom it, and to devise plan to bring it tc
specie redemption, in the face of the fact
Inst the country Was never able to carry
Two hundred millions with specie paymen,
.5ng st a time, is work for the highest
siatesmanship and the most careful delibe-
-ation. 1t is creditable to the intelligence
o: the Board that its opinion was almos,
unanimous against the system Of irredeem-
sb.e currency.
s. The Board resolved for an amendment
g. the banking or the legal-tender law by
vhich the banks shall be required to keep
The gold received for interest on their de-
,o-!tel securities until ii fills their re-
.ai-ed reserve, which is nov held in legal
ic-9crs.
:. That Congress shall legalize gold con-
tracts.
). That the Government shall not avail
;r.clf Of the Payability of the 5-20's till
here has been 8 general resumption of
.o,cic payment.
.. Government aid to q general railroad
.r,tcm for the great territory beyond the
.s,t,ements. 4 road from Kansas to New
Mexico; one from Fort Smith westward
through the Indian Territory and Northern
Texas to n point in New Mexico at the base
Of the Rocky Mountains one from Mar
hall, Texas, to D point on Canadian river
% connect with the above trunk line Oh
the 35th parallel to the Pacific and one
rom Lake Superior TO Puget Sound. These
20 he endowed with bonds and lands, after
The manner Of the Pacific railroad.
10. To amend the banking law so that
hanks, instead of making their quarterly
statements at stated times, shall, when
called on, report what their condition has
}een upon some specified time in the past.
II. The Board resolved TO promote uni
:ormity in the trade statistics OF the con-
si!tuent bodies, and to promote uniformity
II the weights and measures in which those
s'HrsticG are rendered.
Y. To take measures 10 reform the want
# uniformity in the laws of the several
safes as to the liability Of stockholders in
pint stock corporations.
-. The Kanawha canal and river i'm
fyscmert project was referred to q special
committec, to report at the next meeting.
"A. The Board resolved in favor Of Co.
yernmcut guarantee Of bonds Of the States
Il MisSiseippi and Louisiana 10 leyee the
Mississippi river.
Is. That the Erie canal is frequently
t4zoltoits utmost capacity, and that if the
&atcof New York shall enlarge it so as to
receive steamboat of coo tons burden the
Goarl will view It as evidence of wise
md liberal craftsmanship.
Is. The Board requested Congress to pass
Nr. Jenckc's civil service bill.
Besides these things that were adopted,
tho Board voted down some notable schemes ;
among the rest the Government postal tele-
graph scheme.