The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-10-15
KeR York lions.

! NEW 1Ohk, yet. l4.-Iho LAX
Shore Directors to-day elected Au
gustus Schell member of the Board
vice Mr.. A. Moore, resigned. 1t /
again reported that j. f. Banker i
elected President Of the road.
The Gold Exchange voted to estab
lish clearing house within the EX
change, the plan having been adoptet
| by a vote Of 81 to 40. - aI
The steamer Maine took SiO0,00C
specie in sDvereigns.
The Sub Treasury balance is S92,-
G68. .199.
New YoRK, October 14-At the
Jerome Park races the weather was
cold and windy, and the track heavy
and muddy. A purse of 5000 for all
ages. mile heats. Lizzie Rogers 9. L,
j; r. B. 'UonnaIly /, 3. 9; Metarie
2, z, ruled out; InVerglas 5, A, ruled
out; Biddy Malone 4, 5, ruled out
Local distanced. Time-1 :524, l :52I,
aud l :55.
The Champagne stakes for two year
olds, one mile, was won easily By FL
nesse. in LOG, Telegram second, and
Norris third seven horses ran.
= The National handicap for all ages,
q miles, was won by La Polka, Ne
misses second, Legatee third, and Gen.
Duke fourth. Time 4:1S1.
"A purse of $500. all ages, mile and
three quarters, was won By Corsican ;
beating Dufey second, Inverglas
third, Sanford fourth, and Lobelia
fifth. Time 1920. ~
z NEW YoRK, October II The Con-
gressiOnal Committee on the Causes
of the Decline In American Com
merce, held its first meeting to day in
the Custom House. at
a committee from the New York
Ship Owners Association was in at
tendance. The main ship builderS
interest was represented BY Messrs.
Hayden and HichborD, on the part of
the New York Ship Owners Associa-
.tipna Statements and arguments were
submitted to prove that the remedy
for the low condition of American
shipping interests is IN the repeal of
the navigation laws, andin permitting
American ship owners to buy ships in
England or any other foreign cOun-
try, which they are now prevented
from doing by the prohibition OF
American registry to fereign-built
vessels that the amendment of the
internal revenue law so as to allow
ship stores to be obtained free Of
duty, as In Great Britain. would en-
able American ship owners TO com.
pete 10 the carrying trade with for
eiga vessels.
They advocated. incidentally, the
allowance of drawbacks to American
ship builders on materials used ia
ships, and argued that thus, in a few
years, American ship builders would
be able to produce either iron or
wooden vessels as cheaply az they can
now be produced on the Tyre or Clyde,
while free trade in ships would give
Immediate relief TO American ship.
owners, anI prevent the monopoly Of
the carrying trade by foreigners on
the part of the Maine ship building
The argument was thatthe
only remedy needed was the allow
ance Of drawbacks, and that to agree
to the proposition OF the New York
Ship Owners Association for free
trade in ships would be tho finishing
blow to the ship building Interests OF
the country.
The committee meets again to-day,
connected with the shipping interests
of the country will appear before the
Committee tomorrow. |
The deliberations Of the committee
wilb extend overa month. and areport
embedying the results Of the investi-
CATION will be presented to Congress
early in December. The committee !
will probably recommend the repeal Of |
the law forbidding the re, transfer of |
vessels placed lnder foreign Gags dur
ing the war by American ship owDers,
and the re-enactment of the law rem
dering it necessary that vessels bear
ing the American flag should have at |
least three-fourtbs of their crew
American citizens.
The House of Bishops of tho |
Protestant Episcopal Church this af- |
ternoon elected Rev. Henry Niles |
Pierce, DID, Missionary Bishop Of |
Arkansas and Indian Territory.