Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-02-10
BOARD OF TRADE.

day Our Railroad Interests
Shall Nashville Secure New Lines
Now COntemplated-ReP Res
olutions, Etc. : An Interesting
The Board of Trade met at 3 P. NJ. yes
terday at their rooms, President French
in the chair.
Secretary Gentry read the proceedings
of the last two meetings which were adopt
ed. @ ,..... ...... .-.......-
Mr. Parsons, from q special committee,
offered the following report, which was
adopted:
NASHVILLE, Tenn, JAN, 1871.
The committee to whom was referred
Circular No. 16 from the National Board of
Trade, in which we find the following res
olution:
Resolved, That in the opinion of the
National Board of Trade, the practice of
selling cotton without allowance for tare
of the material in which it is packed ought
to cease.
We beg leave to report that while we
fully appreciate the importance of allow
ing actual tare on all articles, we cannot,
however, consent 20 single out cotton,
when il is well known fact that hay is
brought into this State in large quantities
Will IOUE W SlA HOJDo Ou SdCu URIC,
weighing ten to fifteen pounds per bale,
on which no tare is allowed. We there
fore recommend non-concurrence in the
resolution and action of the National
Board of trade.
Respectfully submitted,
c. II. PARSONS,
H. HUI MoALLIsTEB,
j. NJ SMITH,
Committee.
The subject of Nashville's railroad con-
Iections with Northern and other cities
was now brought up, and it was thought
that Nashville through her Board of Trade
should adopt means whereby our natural
advantages for becoming general railroad
center should be taken advantage OF, and
the means should be adopted promptly,
ere combinations now on foot, or that
might hereafter be entered into by Louis
vile and other points TO shut us out, could
he accomplished. In short, it was the
duty Of Nashville to guard with a jealous
eye, her interests, and not be asleep while
enterprise was at work about her to cut
of any of the natural arteries of trade in
Cident TO this point, which could be Sc
cured permanently by active and prompt
action on the part of her business men
and citizens.
Northern cities must have new lines OF
communication with the Southern States,
and they must, in securing these lines OF
communication, necessarily pass through
Tennessee. Now, the main question for
us to decide is, shall Nashville allow
through her Indifference, all or any of
these new contemplated lines to pass to
the right or left, or both, leaving Nash
Vile out in the cold?
On motion of Mr.. Roberts, the Presi-
dent, in connection with the Railroad Com
mittee, were appointed to ascertain facts
in regard to railroad now contemplated
from Cincinnati southwark, and to appoint
delegation to go to Cincinnati and look
after our interests III the matter of that
road.
On motion the Secretary was instructed
10 address q note to the Mayor, asking him
10 submit the matter to The City Council,
and request the appointment of commit
tee from that body TO act In conf junction
with this delegation in visiting Cincinnati
10 confer with the Southern Railroad Trus-
tees of that city relative to this important
matter
The subject of a charter for this Board
of Trade was next brought up Sec. Is of
the law regulating charters of incorpora-
ton, was read. A set of resolutions, CON
templsting a change of the Board from I,
voluntary institution TO corporate BODY
were introduced by Maj. Rhea, from the
Committee on Law, which were referred
TO a special committee Of three, ConsistiD G
of Maj Rhea, Mr.. Parsons, and II. c.
Henslcy
Mr.. Fuqua, from Smith county, on the
Upper Cumberland, was introduced TO the
meeting, who visited the city, and met the
Board, with n view to having the business
men Of Nashville take steps to secure the
tobacco product of the upper country, and
manufacture it here, instead Of the great
bulk of this product going to Clarksville,
| Paducah ard other places. He stated that
| Nashville was their natural market, but
other places offered more inducements,
| and their business men went about it in
| such a manner as to secure nearly the en-
| tire tobacco product of that country over
! the heads of Nashville dealers, etc, etc.
The following names were presented and
! read applicants for membership to this
! Board of Trade The Tennessee Manu-
featuring Company aud NJ. n. Parmele.
| Accepted.
L. B. Love, having gone out of business,
| rendered his resignation as a member of
| the Board. Accepted.
After statement by the Secretary Of
! the financial condition of the Bard, etc,
which was very factoring, the Board ad-
| iourned Till frst Monday in March, at II
o'clock.