The New York herald., 1869-02-05
CHAMBER OF COMMERCE..

Recommendations to Congress--PaciHc Rail.
road Subsidics-Secret sales Of Government
Bonds and GoId-The Brooklyn Bridge.
The Chamber met yesterday, VIM. Il. Dodge, pres-
dent, IN the chair.
The report of Messrs Wallbrdge and Stranahan,
delegates to the National Convention at Cincinnati,
was read by the Secretary in the absence OF those
gentlemen. The report Is a recapitulation OF the
proceedings Of the Convention. The resolutions Of
the Convention referring to admitting British vessels
to American register and recommending Congress
to aid the various Pacific railways with subsidies
were disagreed to by Mr.. Buck and Mr.. Lowe respec
lively and these gentlemen were desirous OF having
the dissent of the Chamber recorded ON the minutes
On motion the report was adopted, tho Chair hold
ing that IN adopting the report the Chamber did not
pledge itself to the propositions made by the coll
vention.
After some further debate it was resolved to ap-
point committee or three to consider the Objec-
tionable points and report at the next meeting.
The committee consists OF Messrs. Buck, Snow and
Lowe.
Mr.. OPDYKE offered the following preamble and
resolution
Whereas the :ecrs. sale Of bonds and gold
cuated to sngende suspicion AGAINST the Treasury Depart
Resolved That this Chamber rsspectfuy but earnestly
hs o. .oo the M no" before the United
After few remarks from Mr.. OPDYKE the resolu-
tion was adopted.
Mr. BUCK offered the following preamble and re-
soluti0u:-
toned grant permission for the erection OF suspension
and whereas the subject OF Srdses and docks
for the river Of the highest Importance 70 the
a whereas i the sAs |
70 the and future wants q community other
plans have been proposed-therefore,
Resolved That committee Of three be appointed BY the
Chair to examine this subject In all lis parts and particularly
report thereon this day two weeks with such recommenda-
question :, 49,. ...,,,,a.. -.
Be
at washngon with request that the Uned States Senate
action sais f Of this Chamber. '''N'' %-
Mr.. DODGE begged leave to call the attention Of
question: and hoped that the resolution would re-
ceive due deiberation.
that it would probably mar the arrangements already
made by the lncorporators.
Mr.. BUCK thought that the bridge, as proposed,
would not fulfil its design. He thought that Con-
gress should suspend action until other plans
submitted He knew that there were other plans
be approved. He had no faith In the practcablty
Mr.. GEORGE W. Dow opposed the adoption OF the
resolutions. He said that the bridge project was
impractcabe. He considered 1t great scheme to
make money for some parties TO him unknown. He
thought that the bridge would materially interfere
with commerce, as the span would not be high
enough to allow OF the passage OF large vessels,
some Of which had masts 160 feet high.
Mr.. SINCLAIR ToUsEY was opposed TO the resolu-
ton, and hoped that the Chamber would not stultify
itself by recording itself as against the project.
The argument on this resolution was long and in
teresting, and was participated IN by Messrs Lowe.
Buck, Opdyke and others. The resolution was finally
adopted by small majority.
Communications were read from the National
Board OF Trade. the Philadelphia Corn EXCHANGE
and the Memphis Chamber OF Commerce. The latter
related to the plan for building new levees on the
Mississippi. Letters were also read from Senator
Morgan and the Commissioners OF the Central Park.
All or these were referred to the appropriate CON-
mittees.