The New York herald., 1872-10-19

NEW YON
ties refused BY the state OF New York.
onss,,In Mr. ss.sop ."S 3! s,c4@ond css tss prsylS
only iour or I've voices being hesra - vsse N che
M. McGrrRx. Of Canada. annorroea tAeH .evey,s
or his delegation were about TO leave ioV heuo ana
ne wished to return their thanks for their recep-
tion here, and the liberal manner In which thsy
cs1 their proposition looking 70 re-
ANEsicAH sHIPPMa rSrERnsrs aA
consideration OF what recommend com stions SHOULD 10
made to Congress looking to- the fostering OF the
american shipping interests, but the high taEfa.
their views that ~ 40 agreement @ was hopeless aad
the subject went over until next yeer. ~ ~. s.i
The Board adjourned until ten A. N. today
Tho Great Commercial Dinner 1t DcI-
1o @UAretal ED monico's. 30 Naheoa
Last evening the delegates 20 the National Board
OF Trade, now holding their ffth annual meeting In
this city, were c0mplimented BY dinner at Dol
monic0s. In Firth avenue, the Chamber OF Com
merce and the Importers and GrOcers Board OF
Trade being the entertainers. There were present
a number OF invited guests, including Mayor
Hall, who occupied seat ON the left OF William
e. Dodge. the chairman; Judge woodrun, Rev. Mr..
Iyn. After two hours devotion TO Delmonico's bill
OF are the chairman opened the intellectual feast
by giving 'The President OF the United States"
George w. Blunt called for cheers for Mr.. Grant,
which elected responses from portion OF the
party.
The toast OF "The Queen OF Great Britain" was
enthusiastically received.
"The National Board OF Trade" was responded
to by President Fraey In happy speech, eulogistic
OF the Mberality and hospitality OF our merchants
1.-THE Dominion Board OF Trade" called to his
feet Mr.. McGeverin. OF Hamilton, Canada, who
male brief and happy speech.
Mayor Hall responded to the "City Of New York;
After few salutatory apologies and playful allu-
sions the Mayor referred to the growing influence
OF private associations upon polity. Abroad they
almost seemed 10 become In every branch OF life
parts OF government. In the city of London the
aid rendered to the authorities by private associa-
tions was especially conspicuous. In this city what
commercial bodies. exchange boards, &C., had
already done In the same direction Is remarkable.
that for the suppression Of foul literature were also
notable, and the time ought to be now when tho
antnorles IN every ~ nlancm saon,d naa .orced
whose contributions and moral, and, to some ex-
tent. political power, would do as much for the ad-
OF science and letters and benevOlence The
speaker remembered that years ago, when he
pitcn into tSe Chsmber OF thev are
lot OF verbal meddlers." 1t had, however become
power courted by the public and with fun justice
the dignined and important proceedings Of the
twenty seventh Chamber OF Commerce, which met
in Westminster Hall just before the close OF our
civil WARP Who does not comprehend the
played at the opening Of that war; Is it not
history that the financial policy OF its members
suggested to the government what really formed
the national policy during the administrations Of
managed that war Is broken by death and disease.
without Stanton, Seward and Chase the bravery
and blood a. 81 thousands would haye gone to debit
were great combinations but finance gave muscles
to the one and nerves to the other. And
repeat. 1t is history that the New York Chamber
OF Commerce designed and f0stered the financial
policy of the Lincoln administration Commerce
the Bank Of England that s feared not the balls Of
the Kaiser so much as his gold bills; not the tears
OF battle so much as the Thiers Of peace; not the
Lord chancellor, but the Chancellor OF the tx
I chequer not so much the village hampden as the
village storekeeper, who in fair fight has honorably
finance. Ali this power has been the growth CON
sequent upon the union OF telegraphs and rai-
ways-of magnetism and steam-the growth, IN
deed, of q few years. gentleman near me In
formed me the first Board OF Trade was devised by
the Protector CROMWELL who, In 1885, directed his
from various cities to meet some OF the former
gentry and devise ways to promote the trade and
Navigation Of the-so runs the phrase-English Re.
OF Trade in Ph9nicia, Tyre, ZidOn. Alexandria,
commercial cities that entered the great cemetery
OF nations, because then political economy, like
government was only for the favored few, and were
monopolies, unlike those which Boards OF Trade
and Legislatures made for the masses now. The
first Board Of Trade may have been in the ships Of
the Argonauts-those eminently "naughty"-cal
men. The allegOry OF Jason Is almost the only
commercial one In mythology. What was his voy-
age for the golden nece but the modern
search for wealth-mOdern wealth that Is
guarded by the dragon Of circumstance, whose
teeth sown beget fortultous eventsG His sorceress
dragon was political economy, which, alas some
times destroys It's own twin children, the girl pro-
tectlon ana the boy free trade, by not always con-
forming them to surroundings All, you say, this Is
poetry, but IL has It's inner philosophy. Yet add o
practical suggestion. You urging Congress about
canals, railways redress, Of panicS and the like.
DO one thing more. Let every local Chamber OF
Commerce or Board OfTrade force its Congressman
to vote for new Department OF Ministry to ate
Secretary OF Trade and Navigation, to be known
by that name and to have exclusive and jealous
care by governmental administration OF all those
great interests so Loyalty guarded by the Chamber
| OF Commerce and the National Board OF Trade.
Mayor POWELL responded Tor the city Of Brook
! Iyn. serhe Sorth' called out the hunorst OF the
Board, Mr.. Branch, Of Richmond, who spoke In O
happy manner OF New fork and her institutions and
the growth OF the South Speeches were also made by
| Mr.. Opdyke, Of New iork; Mr.. Gambler OF Boston
1 Mr.. McCrea, OF Chicago; General Fisk, OF st. Louis
! Mr.. Gershorn, Of Cincinnati and Mr.. Witherill, o
Philadelphia, and one OF the most enjoyable ses
| sions of the year closed about eleven O'Clock
1
/ Trnrn Adv NTTTm rrYAn