Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-25
NJ OF COMMERCE.
The Merchants' Tax CensIdered-Actiop
by b Chamber.
Our Trade Win Central Mississippi.
Facts and Figures by Mr. Barry
General Business.

There was a meeting of the Chamber Of
Commerce yesterday afternoon in their
| new hall, Commercial Place.
The minutes of the previous meetings
having been read, the secretary sub
mitted the following communication
from the National Board of Trade:
NATIONAL BOARD OF TRADE,
SECRETARY's OFFICE,
BOSTON, Septsmber Is, 1871,
". L. Trssk, Secretary Chamber OF Com
merce, Memphis:
Sir-The fourth annual meeting of the
National Board of Trade will be held in
the city of st. Louis, commencing on
wednesday, 9Th of December next.
1 beg to remind our association, that
under the eighth article of the constitu-
ton, subjects to be considered st the
annual meeting of the board, must be pre-
sented in a written paper, to be placed in
the and of tue secretary at least forty
days previously to the meeting, thst Is
to say, mis- year not later than the 9th Of
October.
shall send to your address in a day or
two, copies of & pamphlet showing the
action of this board in favor of the forma-
ton of q department o commerce as a
branch of the general government at
Washington and containing an account of
the bosrd Of trade of Great Britain, to
which 1 ask the attention Of your mem
bership. HAMILTON A. HILL,
Secretary and Treasurer.
Amotion was adopted ordering the pay
thent of sll dues to the board, but no &C.
ton was taken on the subject matter of
the letter.
The following names were submitted
as candidates for membership: Judge B.
O. Brown and Captain Robert Gibson;
under s~'suspension of the rules, they
were elected.
The following report of the retiring
board Of officers was read and adopted:
At q meeting of the retiring board of
officers of the Memphis chamber of COM
merce, called to TX the salary of the Sec
rotary for the ensuing year., there were
present: Messrs. r. A. Pinson, president;
Newton Ford and w. NJ. Harrington, vice.
presidents; and W. W. Scheduled, treas
urer.
A quorum being present, MI. School
field moved that the salary of the secre-
tary for the next year be liked by the
board ct the sum of seventeen hundred
dollars per annum.
Mr.. Ford moved to amend by fixing the
same at the sum of sixteen hundred dol
lars.
The amendment being accepted by the
mover, the motion was unanimously
adopted, and the secretary's salary wss
fixed at sixteen hundred dollars per an
mum TOR the LEI year.
On motion of Mr.. Harrington, the secre-
tsry's bond was fixed in the sum of five
thousand dollars.
The board then adjourned.
Attest: R. A. PINSoN, Pres't.
LION TRoUsDALE, Sec'y.
The new board of officers submitted q
report as follows:
MEMPHIS, September %, 1871.
Tho hno.a nF naraaEa mat nrTrurunN n /
call. Present: Colonel r A. Pinson,
president; Messrs. J. W. Dickinson, Ma
poleon Hill, and job E.. Randle, vice.
presidents; J. 7. Willins, treasurer.
On motion of Mr.. n. Hill, Mr.. j. W. |
Dickinson and J. T. Willins were ap-
pointed tellers for the election of secre-
tsry Of the chamber of and
merchants exchange.
Mr.. Willins was requested to act as sec
rotary.
Nominations for secretary being in or
der, Vice-President N. Hill nominated
Mr.. Leon T~rOusdsle, when Mr.. Vice
President moved thst he be elected secre-
tsry by reclamation, which motion wss
submitted to the board of officers and car
ried unanimously.
Mr.. Leon T~rousdRle was tbereupon de-
clared duly elected secretary for the an
suing year.
On motion of Mr.. N. Hill, the bond of
b19 -ITehAuI6T WAS uA6u III Lh6nbN-uN6 1
hundred dollars.
1t was moved and seconded tina a COM
mittee of seven be appointed on arbitra-
ton, as provided in section one, article
four, of the bylaws, whereupon the fol-
lowing gentlemen were appointed on that
committee: Messrs. John 7. Srstton, T.
3. billiard, William TRrris, s. NJ. Gates,
o.. G. Cannon, W. l.. Radford, and c. L.
Anderson.
1t was moved, seconded, and carried
that the vice-presidents take rank in pro-
cedUre in the order in which they were
elected by the nominating committee, to-
wit:
First ice -President-H. G. Smith.
Second Observation-Disclosures. R, Moore.
Third INSTRUMENTATION Z Rsndle.
Fourth ice-President-N. Hill.
Fifth cs-President-J. W. Dickinson.
On motion, the board OF officers resolved
to allow the secretary TO appoint an assist
ant, with the recommendation that his
salary be nine hundred dollars per an
mum,
There being no further business, Ehe
JOHN t. wILLINs,
Secretary.
The late treasurer, w. W. School6eld,
submitted the following report, and asked
for a committee to investigate his books:
MEMPHIS, October "a, 1871.
DEBIT.
Oct. Is. To balance on hand....-.. Sl7 40
lS7l-oct. "a. Receipts to date. 4,l07 81
s4,IA so
1871. CREDIT. |.
25. By disbursements to 4
date, as per vouchers. $4,O2s 81
on hsnd..-.....-.--..". sos Is
On motion, the report was received. /
MERCHANTs' TAX 2
The proposed law, which was published
in yesterdays APPEAL, in relation to tax 4
on merchants capital was read by the |
secretary. :
Mr.W. R. Moore addressed the chamber c
on the general question Of taxation Of s
merchants capital. he said the bill pro- 8
posed to place the merchants on exactly /
the same footing with owners of other
property, He submitted the following I
resolutions, which were adopted: t
WHEREAS, Article g, section %, Of the
constitution of Tennessee declares that :
mo n species of property from which :
tax msy be collected, shall be taxed .
than any other species of proper r
and that 'the proportion of a msr- =
capital used in the purchase of
merchandise sold by him to non-residents
md sent beyond the State, shall not be
at a rate higher then the sd vaiorem .
SIX on prOperty;" and, I
WHRREAs, By the present law of Ten 2
lessee merchants throughout the State .
ire made to pay more thsn double the u
-ates assessed ION other species of prop !
,rty; - and, u
WHEREAS, Not only the glaring impol-
but the actual injustice to this large
nd useful Glass of citizsns, demands the
pesdy repeal of a Law recognizing 80
an outrage upon the CONNER
ial interests of the State; therefore, Y
Resolved, That the merchants of Ten. K
lessee respectfully, but earnestly, request O
he immediate passage of q bill by the Z.
legislature which shall place all honest z
lasses upon the same fair and equal
:
RESOLVED, That, believing the accompa-
wing bill embOdies the only correct and
quitable principle, we respectfully ask =.
be adoption by the legislature of ie, or >
embracing its substance. "
ReS0IVed, Finally, that we seriously y
against the present system, which :.
lsces us in the unjust and humilisting +
.tituds of beggsrs for the "privilege" Of Se e
in building up the prosperity of =;
State. .
Mr.. Fred Barry, of Aberdeen, Missis- m
ppi, was introduced to tbs chamber and N
5oke shout our Southwestern trade. He pl
i'd the natural curse of trade of Mem w
bic, had been diverted from his section v
country by the proscriptive tariff OF W
"