New-York tribune., 1870-02-04
LOCAL MISCELLANY.
CHAMBER OF COMMERCE.
THE LEGAL TENDER AND NATIONAL BANK
ACTS, ETC.

TIE LEGAL TENDER AND NATIONAL BANh
ACTS, ETC.
At meeting of tho Chamber of Commerce.
Yesterday Mr. H. X. Bogort elected Trustee OF the
Institution for the Savings Of Merchants Clerks to f
the vacancy caused by the resignation Of Mr. A O. King
4 communication read from tho Bank OF New York,
asking the Chambers consent to be organized under the
laws Of tho State Of New-Y0rk. The Chamber being
eboder, gave Its consent. Mr. Barthod Schesneer
was elected member of tho Chamber. aud Mr.. Geo. W.
Laur was reelected member OF tho Arbitration Com
nittee Geo. Opdyke. Chairman OF the committee ap
pointed to attend the National Chamber Of Commerce
recently held In Richmond reported that wonderful
degree OF unanimity manifested on oil topics con-
cernng the interests OF the country at large. II was
ordered that tho committees report be published and
sent to tho different members OF the Board
Capt Goldman requested to address the meeting on
hipBuilding at the next session.
Mr. Dow read report Of the Committee previously ap-
pointed to consider Mr.. Payne's bill, now before Con
gres authorizing the Secretary Of War to provide means
for taking meteorological observations ~ the various
military stations In the interior OF the country and for
giving notice ON the lakes OF te approach aud force OF
storms Tine Committee we're IN favor the BILL but
they urged the Importance OF its application TO te e,
railroad corporation destroying the cedar forests OF
Sandy Hook. lie requested that petition be sent 10
Congress asking law DO passed prohibiting further
destruction MS there ia great danger Of island being
washed away. and tine harbor injured II the corporation
I've allowed 10 continue The matter referred to
Committee Mr. Dodge said that the Chamber should be
careful how they interfere with tho great railroad er
OF the couniry-sti tho hdrbor must be protected
Mr. Mckenzie said that memorial had boen sent to
the Legislature asking law TO De passed exe,hpung
bonds aud mortgages lard already taxed from further
taxation In other States securities ON property once
taxed hot assessed again IL Is for the reason int
OF State. To-day frsdass MORTGAGES are discounted
per cent In the market M Opdyke was ~ favor OF
~ Th" p~pnty Collector Of the port Of San Diego in
communication praying that something be dons toGru %
getting vessels Of tho Pacific Mall seaiuslp Com,
pany 20 stop for freight Now the merchants are Opllgeu
10 transport their merchandise distance OF ooo nes
each way. -, -, ,..,,.
Mr. Wallace p. Grove presented tho following preamble
and resolution, with request that 1t be iad over
HIea It expressly Section Of the LesaTsnder act
that is- Hse i..a.d bs ,uthot ,b,'.G m, ,. States.
s. duties eIes' debt, aud demands 81 ysry hd
al esr%. .sI Ssm.sG. .s.s O., nsr5..
mossy Of all debit psbe and pr
within the uuiied States except duties on imports aud
Whrsd, h Section 2, National Baai scs Is speeaeAly
Sh. be received par part. bs United States ia payment
srsrpt for duties imports. al. tr ali ,,I.ns, .al other dr,
sDOou tie United st.ie ne''sOn tue pablo ae''
.Hd redemption Of the uatiOnAl eudene; sad,, 49, r, s
bill Intended ta mproe the crrd' OF ne Uieo ei
by the House Of Representatives hea H. aud
order rs%s;e .ns doubt pupo.s the Govern
discharge all just obligations to the pao ersa"r ao 70 & se
"b have been contracts. il hereby provided aud declared
o . The m s S Is Gn Of al ~. s,"", Of tue USt S,
bearing kBown Unrd STATE. notes ad tue nsss' o,s
lBg Obligations OF lne
tboIng d such obligation has eipsJ PROVIDE a
the other thaa geld aud
eT 5Ui none q obligations not already due
redeemed before maturity unless al sics ue heI
b the option of
u At such Uni states hearings lower rate
redeemed be sold ooa ana
The Uaited Sss soennr pledge. faith % make poyH at h.
period for redemption of United State. ns'o" IN o'
|
hrds Tbs. which reference has been made upon
The statute books the Government has heu Tor psro
OF than wear. past and sun remains 1"aoe !" pay com "'
It's m md obi gaoLs! he II therefore
R,spe That Government TO Issue to the holders
Of demand obgs,Gs interest bearing bond
ehuge therefor shalt request the samel aud be
further c- =. -
esoued this ChanS respectfully requests Coagres, to CO.
enforcing the eEs Tender
both spirit aud rltrr aud u cooperate
perects plan sbrreby opporauU sLa be offered 70
the holder, he (at their opo
900 aud is multiple into boDds arsg uIsrrst Tue rae OF
m bosds ncudng nere' W Oe m@ue
psy demand said lrs tender notes
Mr. Opdyke said that many Of the best nancers In the
country favored this policy.