The New York herald., 1870-04-19
THE STOCK EXCHANGE NOMINATIONS.
An Opposition Meeting Yesterday-N
Of VIM. Seymour Jr., for President Of the
Exchange-A Lively Time.

On the 18th inst. the Stock Exchange Committee
on Nominations presented the regularr ticket for
the annual election In May. The nominations
were-For President, Alexander Taylor; First Vice
President, Moses A. Wheeock; second Vice Presi-
dent, James Mitchell; Secretary b. Ogden
White; Treasurer. Dewitt O. Hays One-fourth OF
the Governing Committee rotires on NAV l.
and the following nominations were made
to supply the vacancies thus caused:-Messrs.
William H. Nelson, J. L. Brownen, George
II. Brodhead S. 7. Russell. Ludlow Thomas,
s. b. Hard, s. A. Mills 7. A. HoyI Henry
8. Wilson and II. q. Chapman. To supply
vacancies in the remainder OF the committee the
following nominations were made:-Mr. Ii. H. Hol-
lister, for one year. in place OF Mr.. L. J. Van Bos.
kerck, resigned; Mr.. W. X. Soutter, FOR one year,
in place Of Mr.. N. @. Bradford, resigned Mr.
George w. Fuller, for two years, In place OF Mr..
VIM. II. Travers, resigned ana Mr.. u. l.. Clarkson,
for three years, III place OF Mr.. A. Campbell, re-
signed.
AN OPPOSITION MOVEMENT
was iDaugurated at that meeting by the circulation
OF the following document
To THE Nxw York STOCK ExcnAseEE:~ r. N''" 80 '''''
spscaSy Of The 81 gentlemen pscd in Denaoa me 6 Ie
morning atm opinion proper friendly compc
in view Of the fact that should Se the SmbSn @
Governing COMMITTEES, they beg respectfully all
members who are in favor OF nominating opposition
ticket to meet In the Board Room Monday half
THE MEETING YESTERDAY
was called to order by Mr.. HENRY A. BOWEN, who
read the above document in the midst OF great
noise ana nominated Mr.. VIM. b. Clarke for chair
man. The nomination was endorsed by the men,
bers in the most extravagant manner stamping,
shouting, knocking of hats and frantic thrusts with
umbrellas making up scene seldom witnessed
in any assembage. All the members seemed
to feel perfectly 'loose," ana frocked like
young colts when first let out to pas
ture. Most OF them were seated until the
newly elected chairman entered the desk and com
menced reading speech from manuscript, when q
general rush was made accompanied by the most
ludicrous pranks anu ORGANIZATIONS. The speech
was a iollOws-
| thank you, fellow members for-(deaiening
cries OF "Oh, Oh!n "Who wrote tnaJ speech,'
'Cheese It," "Cut it short" &c. mingled with
fierce raps or the gave, which finally beat down the
noise)-l thank you fellow members, for the honor
conferred on me o. being elected chairman of TINS
important meeting. loud cheers.) 1t ls meeting
the so. called regular nomnatious-(cheers j.
OF the New YORK Stock Exchanged -tcheers)- -
Notwithstanding yellsl-in lact the present
mode OF making regular nominations is open
lcheers)-t0 great abuse, ana liable to be made
(cheers)-in the interest OF clique ring. (ireat
confusion aud frantic raps OF the gave.l The same
| objections can be made-lcheers-to the manner of
been made to our political primary meetings-(pro-
| longed cneers)-whica have grown to sucn an evil
that the people are virtually DISTINGUISHED III this
city. Cheers, gr0ans ana eXciamaIlOns about the
| fifteenth amendment.) Regular nominations so
called but which may be called -lcheers)-irregu-
lar-(cheers)-have lost the prestige they once pos
sessed. More cheeringo The system OF nominat-
open-(great nOisel-as the election officers on the
| day OF election, and 1t Is one OF the objects
OF the preseat t-tcheers)-lo OBTAIN
| the sense-lcheers)-of all the members OF
| the New York Stock Exchange-(cneers)-wh0 would
be proper candidates 10 place IN nomination. When
| the form OF the government or TINS board was
| changed, and all legislation was centred In the
| forty governors-cheers)-many thoughtful men
were OF opinion that at some future time II would
become TOO much centrallzed-Coud shouting In all
parts OF the room)-and this Is one OF The dangers
| we have now to guard against. lCheers.) Eternal
vlgance--(1rantlc yeils and aughter)-s the price
oflberty. ,DeaienlnR noise anu appeals from the
| Cnair 10 be neard.l hope the lloveDient aow
augurated Will 90 marked by deboration-(cheersD =
and judgment-(cneers)-pedge to no particular
candidates, ana that che nominating committee you
may select-(cheers)--wl nominate firm decided
Ilen. who, when their judgments dictate are not
afraid sometimes to be III the minority doubtful
questions. (Renewed Stamping, yells and cheerng)
In my uninterrupted connection with the New YORK
STOCK Exchange for about twenty years--cneersl--
the good leelng OF the members Tor each has
been one OF Its prominent ieaLures-(oud cheersj-
and IN connection with this sentiment would de
precate The distinction that IL often kept up between
open board members and those OF the Ola stock
change. tC0nfusion) We are now all one (Cneers.)
Our interests are ldentical-lche the
language OF great statesman-prolonged ana
deafenng cheers)-ln speaking OF his coantry-(re-
newed cneering)-l wound illustrate my meaning
tcheers)-when he said-tcheers)-l know no North,
no South, no East no West-nOtning but my c0un-
try and my whole country. (lnoescrlDabie
flislonl SO let every member OF this board Ia rca
lion 10 matters connected with It's true interest,
say-icheersl-l know no ring-(cries OF ION 70
ION '' ana chcers)-no Clique, nothing but the
interests OF the New York STOCK Exchange and the
whole STOCK Exchange tPr0lon2ed Cheerng.)
When the meeting mad Deen hammered down into
comparative order by the cnalrmans gavel, Mr.
Wm. Carpenter was elected Secretary. Mr.. Rufus
Hatch, VINO was regarded as the
PROBABLE NOMINEE OF TIE OPPOSITION
for President OF the stock Exchange, in a brief
speech Withdrew from the field nominated Mr.
William Seymour, Jr., for President, when nomina
ten was carried by large vote. On motion OF Mr..
jenkins Val Setback, the chair was empowered TO
appoint u committee to prepare tue other nomna-
tlOns, ana the meeting adjourned until Today.