The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1869-12-07
nan The principle Of immediate converti

Mr. Ropes, of Boston, advocated the
adoption Of the majority report. -;
Avote was then taken upon the sup sl'o
tute of Mr.. Grubbs, and it was los., lne
mover casting the only vote In the aihrhia-
tive. a., o,r-
A vote was then taken upon the resolu-
tion offered by the minority, ana IL was re-
iected-ayes, "a; noes, 81.
were then put upon their passage, and the
first was unanimously adopted. The second
resolution was 1ost-ayes, %: noes, 80.
The third resolution was also iost-aveS'
%: noes, 50. And the fourth resolution,
nv \ vote of SO ayes to q noes, was also lost.
INoTE,-A two-thirds vote was required TO
mass either of these reSolutions.] So the
first. advocating speedy return to specie
,ayments, was the only one adopted.
GENERAL CANDY.
Durino the debate on the finance ques-
ton Maior-General Candy visited the Board.
and was invited to seat within the Dar.
He remained an interested auditor until the
adjournment, o,- for.
one hour.
AFTERNOON SESSION.
When the Board reassembled. MI: aano,
OF Cincinnati, moved that the o1llclal stcho-
prapher be directed to prepare report OF
the debate Oh finance as soon as possible, ana
that the same be printed and transmitted 10
Congress. The motion was lost.
MI. Branch, OF Augusta, Ga, asked per.
mission to introduce resolution Ill regard
to the finance question, but the boaru
refused TO grant leave.
UNIFORMITY IN THE RATE or INTEREST.
The President declared in order the
accommodating
passage of law superseding the usury laws
Of the several States, and making seven per
cent. per annum the uniform rate OF lnte-
rest when no contract has been made for any
other rate; and authorizing contracts to be
made in writing for the use of money at any
rate of interest Upon which parties able and
willing TO contract for the same may agree.
Mr.. Jetfrics, of Philadelphia, moved that
it be referred back to the Executive ColIn,
ell with instructions to frame memorial
to Congress on the subject.
Mr.. IIawley, Of Detroit, moved rs SUBJ
stitute that the Legislatures OF the several
States be requested to abolish the usury
laws and make seven per cent. the UNIFORM
rate of interest.
Mr., Richards, of Chicago, thought that
this country was too large to have its affairs
regulated In every respect by central Go
ycrnmcnt. He favored having as much as
possible done by the States.
Mr.. HASTE, of Charleston, was opposed
to having the rate Of interest fixed by Con-
eress, and believed that the several States
could not be induced to carry out the pro-
Mr.. Trezevant, of Memphis; HaWlcy and
Hazard. of New York, took the same view.
Mr.. Loncr. Of Baltimore, moved to lay the
whole subject on the table; which was
agreed to.
UNIFORM INSPECTION OF FLOUR AND GRAIN.
Mr.. Kcclan, of Milwaukee, presented the
reDort of the committee on the propositions
for the uniform inspection OF flour and
gram. The committee recommended the
indefinite postponement OF the SUBJECT.
The report was adopted, and the recon-
mendation Of the committee was agreed TO-.
TRADE STATISTICS AND REPORTS.
Mr.. Gano. of Cincinnati, from the COM
mittcc to which were referred proposition
l, presented q report urging the Importance
Of the collection OF trade statistics and cX-
change of daily reports, and recommending
the appointmcnt Of Il committee to digest
some scheme tor the better carrying out CT
these ideas. The report was adopted.
TARIFF DUTY on RAILROAD IRON.
The twenty-sixth proposition Qrom the
Memphis Chamber Of Commerce. was next
considered. 1t is embodied in the following
resolution:
rest OF both Government and people tha'
the construction Of railroads should be en-
couraged. and that Congress Is hereby
respectfully asked to do this by repeating
al! duties OIL railroad IRON"
Mr.. I'reZevant, Of Memphis, made IN
elaborate argument in favor Of and Dir.
Wetheril against the resolution.
Mr.. uawlev submitted al amendment.
which was accepted by Mr.. Irrelevant, pro-
yidiDc that Congress be momoriailZed also
to repeal al duties Gil ship-buldIng mate
Mr.. HASTE, of Charleston, expressed his
opposition to the proposition and amend
mcnts, and A1r. D0re. of Charleston, Ia
vorcd the same. :.
Mr.. Sampson, OF Boston, offered the loI-
lowing substitute
"Whereas the present duties on the arti-
cles of iron, coal, and salt, are excessive ;
"Resolced, That the interests Of the
country demand a general modification oil
the tariff and reduction OF the duties on
iron, coal, and salt"
The substitute was accepted, but not re-
ceiying, on motion for its adoption, the re.
uuisite tWo-thirdS vote, taited OIL aooptloD.
The vote stood--ayes, SO; noes, p.
RESOLUTION OF THANKS.
On motion of Mir. Eagan, Of Chicago, the
thanks Of the Board were unanimously ten
dered the citizens of Richmond for the hos
pitable reception Of the Board; to the
Richmond Chamber OF Commerce for many
courtesies to the railroad companies for re-
ducng fare of the delegates TO the citi-
zers and friends for the reception OF Ell
dav night and the banquet on Saturday
night !; to Messrs. J. Bell Bigger and assist
ant secretaries Major Writ Harrison, SER
geant-at-arms, for efficient services; and to
Representatives Of the press foI faithful re-
ports Of the proceedings.
REVISION OF THE TARIFF.
The twenty-eighth proposition was unanl-
mously adopted. II provides ior the
revision of the tariff and revenue laws OF
the United States so ~ to render them us
nearly as possible harmonious with each
other, lust and equal to every class Of the
community, and stable in all their PROV
sions."
CoSFIsCATIoN OF VESSELS.
The thirtieth proposition is AZ follows:
Resolved, That Congress be recon-
mended to repeal so much OF the law oil
1893 "a condemns vessels to con1isCation iol
acts of their officers or crews and paSsen.
gers which are beyond the control Of, and
unknown to, their captains or owners
- NJ 4,