Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-11-22

AaoPuOn OF Important Resolutions
The Merchants Tsx-Fanances, etc.
At a meeting Of the Board of Trade yes
terday morning, President French in the
chair, the following preamble and resolu-
tons were, on motion of r. B. CheathaIn,
adopted:
Whereas, the necessity for public build
lngs for eustomhouse, postoffice and court
rooms In Nashville has long existed.
Whereas, the United States Government
has secured an eligible site for this purpose.
Therefore
Resolved, That our Representatives in
the Congress Of the United States be re-
quested to bring to the notice of the Gov
eminent the large amount of public BUSH
ness done in this city, the want Of facilities
for its performance, and the need of public
buildings adapted for this purpose, in keep
ing with national requirements.
Whereas, the removal of any restrictions
calculated to embarrass commerce will tend
to increase trade, and
Whereas, the wharfage charged upon
tonnage at our city landings tends to dimin-
ish the river trade, already greatly reduced
by railroad competition, and
Whereas, every effort should be made by
sources of the Cumberland river; therefore.
Resolved, that the Mayor and City COun-
Gil of Nashville be requested TO take into
consideration the expediency Of either abol-
ishing. all wharfage tax or reducing it to
such rate as will enlarge the commerce upon
the Cumberland river.
Whereas, the present rate of interest has
been the means Of inviting increase Of cap
ital to this State, and has enabled the enter
prising to obtain means to develop its re-
sources, and
Whereas, The experience of those States
which have removed the restrictions upon
interest on loans of money has proved the
efficiency of leaving it as free as other mer
chandise therefore
Resolved, That in the opinion Of this
Board of Trade no further legislation is
necessary upon the subject of interest, and
that further time should be given to learn
whether all restrictions shall not be removed.
Resolved, That the Representatives from
this district in the General Assembly be re-
quested to oppose any change in the present
laws.
Resolved, That, the Committee on Rail
roads inquire into the probable connections
of the Chesapeake and Ohio railroad and the
Cumberland and Ohio railroad, and tearn,
if possible, what inducements will locate
these roads, making Nashville a central
point.
Resolved, That the action of the David
son County Court in disposing of the coun-
tys interest in the Edgefeld and Kentucky
Railroad to the American Contract COmpa-
ny meets the approval of this Board, and
we cheerfIlly invite the voters Of Davidson
county to ratify the action of the County
Court in the election to be held on the Goth
of December.
Resolved, That the thanks of the Nash
vile Board of Trade are eminently due to
Col. Albert for his skillful and accurate sur
veys of the Cumberland river, and the per-
sonal interest he has manifested in its i'm
provement.
Resolved, that our Representatives in the
General Assembly be requested TO take
such steps as will secure an enactment in
conformity with his suggestions to protect
such Improvements as may be made in the
navigation of the river.
Resolved, that our Representatives in the
Congress of the United States be requested
to call the attention of the Government to
the necessity Of early improvement in the
Cumberland river, in accordance with the
surveys made by Col. Albert, exhibiting the
great amount of products dependent upon
its navigation.
Whereas, the several Boards of Trade
and Chambers of Commerce in the princi-
pal cities of the South have taken action to
memorable Congress to refund the cotton
tax which has been Illegally levied, and
Whereas, the cooperation Of the Nash
vile Beard of Trade has been invited in
furtherance of this effect, in which our
community and the planters of this State
are so largely interested. Therefore be it
Resolved, that a committee of five mem
bers of this Board be appointed to prepare
to Congress through our Repre-
sentatives, setting forth the injustice of the
tax, and asking that measures be taken to
have it refunded, and report at the next
regular meeting of the Board.
The President appointed Messrs. Cheat
ham, Rhea and Orr TO confer with the May
or and Wharf Committee of the City Coun-
Gil respecting reduction in prices charged.
Mr.. Rhea, from the committee in refer
euce to the merchants tax, submitted YER
bal report showing the action of the COM
mittee in connection with a similar COM
mittee from Memphis, and also the result of
with members of the General |
and had reason to hope that the
action of the Legislature would be favorable |
to thespurposes in view.
On motion, President French was APP !
pointed to represent the Board in the Ma
tional Board of Trade in its meeting at st. |
Louis, and empowered to designate another
of the Board as delegate to the
same body.
On motion Of Maj. Rhea, the President, |
Vice President, and Secretary of the Board, /
were authorized to select, and fit up per-
nanent rooms for the occupation Of the
Board Of Trade.
Mr.. Gibson, Secretary Of the Board, re-
ported liberal payment of dues, leaving a
balance of 5000 on hand after paying cur
'ent expenses.
The Board adjourned until next regular
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