, 1870-04-12
BOARD OF TRADE,
Installation OF the officers Re-
Gently Elected.
The. New President on Warehouse
Receipts and Delivery Of
Grain.
Improvement OF the Illinois River
md Its Tr1busaric..

sA1pAosEAEAA VI INC ILLINOIS &f3Fcf
md Its Tr1buaaric..
The installation Of the recently elected officers
et the Board Of Trade took pace LAST evening Mr
A. Towner, tho retiring Second Vice President
called The meeting to order. He Etated that, OF,
account OF the absence Of the retiring President,
And because the Preadent-elect was the retiring
ies fieslent became bis duty to Introduce to
thens their Captain for the coming year He then
read letter from Mr. R!chatis lie retiring pr.si
him. '"
me newly elected Prcsidcnt, 4. II. McCrea. tar-
inR @ been tntroduee,l, referred to the honor done
11e nasty manner in which matters wr5r slIs-
cussed dultnk hnsIncss hours, and thought mat
. .sss p, 50 much importance as come before them
got. The Directors did not want to assume ali The
sisdty, and Wshed the full boar, to act uro1
a.! important matters Hc then proceeded, Is fol-
lows: Somewhat Of = misunderstanding has, as
you are aware, recently been developed between
tne tat and the elevator proprtctoIs Of this citJ
touching important questions Of right tnd duty..
IS 10 ne regretted that, wheto ttarttcs arc 50
eose1y identified in interest, xny misunderstanding
fSoud ~ s1.e md It. xoal seem . b tue policy
and all proper concessions .reely acrofIed that
Ntli tend 70 promote the best Interests Of the city
and country. esrectaly II the concessions ASKED
convenience. Having much CONFIDENCE In the
sound Judgment and integrity Of the gentlemen
Vac A. a. engaged u the Erain-Tasehousing bpsi-
III a. IN ea!iy day eonceds 70 he bo.f1 tae su6
nsanqa H. points involved II the controversy, II such
q,aon ~ OF e'sa wsienou,e s resn;9 5{i1s@ q
recently adopted By. the Boanf, certainly
cannot % hs deemed a. embarrassing to thc manage
ctsies sought Q! the elevator proplteIofs teni in
any considerable degree to INCONVENIENCE thern OF
Ganae @ tncm additional expense. The business Of
grown TO st9antlc proportions, md not 0 oniy na2 @
9Nn members ant citizens, but also merchants At q
distance, are constantly investing large sums of
4 + be possible 10 Know il ii lis, 81 % fhcst
i1sass 4isnf an and In evfs1 ~ay ErogsT aaa
such rece!pts il be ee ssEed to make u ss Clear ss
pesanls r. t6s record q these is.uea II The system
OF leF1alfatont as now adopted, can tc improved
upon, ana no doubt improvement E1u BE- suggest
ed y i proceeds IN Practice, those improvements
1ns11s nnora oe y ,qope ts 70 oe prekuned that no
narasa this s!slein. but all vii Giye Il iar tsta
~ AZ togreMions Of practical character either
considered and acted upon, AMI II Is hoped that at
no distant day system Of registration md cancel
'atea @ III, b. nsrssted ACCEPTABLE . ii Interested
s!t.em o. rcpoFttn9 grain u store, especially In
Tbs Is not the place to discuss the question that
rnsss and legislators. namely. saai n rt.sSor d
The delivery Of grain BY our railway companies to
such pef.ons Or t9 such elevators IS The shipper
may designate II IL evident that this question
ean :ss ,"nly he .,cterminet ny the courts No ount
me sa csrrs mas ne Tas fs eUn!es con-
tons cannot accomplish anything, anu IT ia yery
snnssa; doubtful II any further Legislation On that
an early settlement uf this question Aud il this
boa5l can properly assist ii nastenng the con- Oh.
eInseD T. ought, In my opinion, to lend such I'D
NJ 3. F. Murphy, First Wee President, said he
]onla endcaSot IN cyc1y WIS to do bis duty to the
Ar, r. ". Dater, Second ylcc.presiacnt. made
similar observations. He pledged h.meelt to de-
s WE NJ IT,, ums III ability 70 fon the duties Of his
ness. ~ 0'@'-
s1ASp1so COMMITTEES, Hc
ing tssn s. hs r. 'ss follow
<.s1 T<:n1snMss.s. Masay I,nea1n. II Goeasew
;-na l.st4;s-Mettf1 Lincoln. Dan aa III HsIae IT,
u aretsf'os l@:getFfo"-Aettr1. kfeikh Yis5ef. srd
2ar z'esesfo"-Mertz.. E1Aher. La.sruor, aud Pick
zKtlcgra,steg.Msssn; steas. Houkh. aud Murphy. II
T1arss,p-Mts1,. 1ngs.p GeednoE; IAvFrnee ana Kfclsh
ses7aF:Fa .1ss1ss 9ts1st Denton md Pickering
::,;:: ( s;tesss: zsssssaey
I*s>ettor ~ sAPtri1-Georsr G. snaith
go Sess-s.SG e ese'fs E seoS:7s {: a'an'a7ene
The appointment Of Inspector Of Proy1Aons wAs
ts3poned un&li the committee, appointed to fe.
wise Tie provision tules, shall hare feporte4.
to Tie sea., Faasos Faiss e. n
The amendment having reference to rules govern
lng the packing and inspection, and to the sale Of
rEoslaonkt the consideration OF which Was In The
ha1ds OF HrectA committee, wa& on motion
laid oEe1 until thai committee shali harc repoSea
NOT ADx111En.
Ar. II. r. Towner, npua the late committee on
membership, recommended thsi II: T1snS A. 4.
ME-. Eye expelled tzu the board List ye, he road
=; $: 8 Z Y. Rogers sposs .estnss IL. ze.du.saou
=. : ballot Kas ordered. but before the vote WIS
t5e Eolon 2 Postpone the consideration Of
TUE CANAL AND KIv1z
pfosren: S1s ths 'oo;, PGss q he q ne IN
astes az tfSRasd fn'1a .as Hesitation ~ tns s;a.e
Reet Island provided tie Tai:si s:.:es easa 1oaia
$500 for the work. but it EAs nerer AaplIed.
t1t non beg :: Rocs Island and the work u now IN
session, ras In favor Of limiting the expenditure
nJ 1he S!ase 10 the Improvement Of the Illinois
!s,.| raSs1 1tse Ae then Rad the following coGuu-
ra1. t. tas aav9asr1 oJ caieso ter Is
H.4 ~ - INC AHn8.4 &1o A!chtf1n G2l14 viii
s5s % r. ,s sstex:n4 .asss:iens = ,s z
IS I e soa Il fss.h s.af Id = .at ~
1s5't q s. { e s + e SIS II s III
tse u alew!ok the aty Of Chaeu to e1pead tHp And
e.1l - ~ aAsoEtsS . sSfd lRat
st1 II Ed e iI1;s Isss. q E.
thfn eIt1t!ns Utns cFta it, rrr-nnT.- e.N
IL y hue that tht a!tr&zt ANIMAL income frpu,
al n g. a.! f. r T.. e -. s:s
trndfoe and t1t+1azdinAty Ftrsasr for the
Ea1nr time. hAa esteo lnsI1sk1
1rayipk rt& auuu2t income 41& ~ a
1ks atate of faea 4bow thai dc det Z n K
scrttaat tne1esank. n the tzeune The cacL istfs
yo1r eqs4,es Il t. he1 sats S.bi i T. = ~. r
Ing faeta and esdmAtcs. yI.: -" 'S's
hs M a;as s9ssal IsSIns fs} s. T. ~ r. oei
f. &c . f;s .Tss1s 11asaos: i IL s:4 Iii:
1hr s.nc mt Of Income rrr mile ou IT. e1.
tension to tbe Mississippi Rive. With ns7.
iFAhEe feeder to Eoek RiErr. lN n11.x and
hs improvement d NJ m;noa Ri1e9, .
taf'aonmTnnla 81 s5sf n ssaa.! .s.a &C.: :
caIA. aiter ihe tomrleton Of thesc IN.
rsoTs'aert'+ !ot tnertased tolls. s7aB
Mak.ne y annual Income q. x-.....,... els.c
The eAual for the Last ten YeAf1
bare hen Ice Audttor's rrpots t4ltt,II&N
Btins sl,nc1.d fce each uilt Of
E.tslnated annual e1r<nsea fuee1.
tended canal Il aatne r1te per
E.ssn,sted expenses for iuptain. "
ten6ence, COLLECTION of toll1 Inet
teotlnf. And frpa17 o{ the Iii.
iTFF fF4]f mi