, 1870-12-20
OPEN BOARD OF TRADE.
Dedication OF Their New
Rooms.
Address by Charles Randolph
Speeches by MI. Whitney
and Others


cation Of tue new room Of the Open Board Of
Trade, In tho newly erected Popex Block. facing
on Madison nteeG TIE hall and comulttee
room. with TWO other chambers, are reu,rd BY the
open Bonrd Of MI. Pope At &, 900 annually for the
nrst two yea1s snd s6.00o thereafter, The hail Is
spacious and conmodloun, It's dimensions being
% oJ y feet, and 2s feet In height.
about three feet In height, railed IN. Tne hall il
heated with steam, and lighted brilliantly, Be
Eidea the gas lets on the walls, there are two
taD x sst; ssaa@s sm a, ~ internal
necessis5 Tor The engassmeatot some sacn plsee
hzs becn felt ever since the organization Of tne
ns+e Sesa S'Ss s9ss % s
the summer IN Exchange Place. The Organization
nunbels at pIesent some 500 members, TIC fol-
Wnitney; Vice President, il. c, Ranns1; secFe-
taKy, Charles G. Cooley.
tt L'clock m the aft:tnorn.
The depressing Influences OF tho weather. last
esening. we're painfully spPareut, the attsndanee
mesE1e. About one hundred pe:sous were pres
eli. OF aboot une-ttlrd Of the humber expected.
REMARKS OF 7Hx PRK-1bgKT.
mum box, was Eaas' Light GQa1d Band. which
Tie prelilainarJ burss Of music having been
brought 70 satisfactory Termination. Mr.
Thomas Whitney called the meeting to order:
He congratulated bis hearers on tue opening Of
The past twenty Jeafa the Opcn hoard had sought
from pli!&x 10 post, Ana from cellar 10 Gnrrer 90
| 70 SPEAK, for some abiding p1see. Some place for
| the hctiy whose daily transactions amounted to
millions, vas "a absolute necess1ty.. He reiser-
ased his congra ntauons, and hoped that ll1 heaf-
ers we're prepared to nuke an excellent haul out
Tho baaa PLAYED "Tpe Star spapsled Baune,."
| TnE prDlcAIoky ADDRESS:
The rIes1dent tai n tutroinced Mr. Charles Rar-
de'pa, Secretary Ct the Board Of Tn te, who de-
ivsIsd the dedisato.y addles'' Of which The FOL-
aiser q coperniulstinr n,s hearers an the ccmp,e-
| tisn II tte:r bal, ME. Randolph proceeded 70
q mptre the extent OF husinesa tione At the pies
sms In scI:1is r W.T. tae OF soe
| The transactions in srain ard provisions had to-
| C. rue vaetts g'eattr than was necessary to pass
tonea shs sy Il Lid his snqs
up ces-, aud The city mad coine 70 be constdsred .
vsst ttpot for ne he,dln9 and ,.is!stbuti,E o1
neattpg ltsels. and to.dsy. as. IN the
nsls Of ,Josspb, mc2 were ,.l,. 70 be E, fou5d .
would justly the senturr, AMI bring ab,u'
prutItahie set 4lts. we're boarding sae acc1musa,
rr,ces. ia o,her D,s1ch.s Of commerce, sucn
transactions were deemed III 2ttlUlIs and honor.
all:r whtlc in grsln It II continually urged thai
.'ecsipeip." lie believed TIE larger number d
Transactions w,thtn tee walls OF Tue new hulld!,t
would be Of TIE sa.:culs,'v: ctsse:
c+mncicsal transactions. he nelev.a q that tSt
man who put bis grain IA an elevator, snd qu!eu!
a' or srccuIssSr % ,5.n shs led dfy Ecss ms:casrt s
. rlough ii would be wcil for him. were HI
10. tsunttd vita nn as;erpt !!
.tstsauott on some poor famsl, THOUSANDS i nile
Away. WY should 1t &c thst wat nas htno1nbl
T. ore, thGnlt be dishcrctsole II another: Al
lhoucl II might sprca+ to be bolt ssa. Il far anE
n to defend the eenu!ae seaipef. The 20 Co. asS
wss prepared TO ssY a word for him. ID til Owl
: experience he had nescr Enown sale or q pu1
e be Msdc a1 witn e. :h'f
: that many trades were 1nade w1.1ou
Any psss5ge 6 tho property, hui it ~
: rss.les, ard must be Masually agreeable. AZ t
: tce auesucn whether ttis plln Of deallnR wer
houo. Rt1e tr c1shouoratle te held tllst dtRlin
oshsr sa III - is risss ~ese 1 sfeasef ana IL
! orhet ealing involving corresponding amour
! was due to ore trading. lie believed tlat by
: resolve On tie pa,t Of every member, 10 maze q
0 trade which he could not on the Instant psotct
With malsin Of security, would result IN create
The speaker ccncuued with review Of tt
1sion to tde country tributary TO Il. He believe
= ! 1t to he most berehcial II resulted Ia high.
+ prices rhan could be obtained 1nr The prod1ct
S5 s,s p4ste ,os t. she sss
lin es accumulated on theE ba"':S- lie bcl1ved 4
: Western farmer made pr s...t more than
trolicd By current supply and dtmanif. He ecu
!, not cloEe. be saId, without tribute to the mi
r composing the open Board, and to Its prcse
. % spirited body Ct men. he challenged 1os them
Vta anJ i1s eood 10 ths , vol
- to iii desa.9sy temssks, III. Raadolpa took j