, 1872-10-17
Annual Meeting Of the National
Board Of Trade.
PROPOSITIONS Favorlng I'M
movements in the Erie
Canal.
The Practice Of Issuing Scrip Divl-
dends Strongly Condemned.
Railroad EXt0rtions -- Immigration
Corners.


Special Despatch to The Chicago Tribune
NEW YORK. Oct 16-The National Board OF |
Trade commenced work brisk1y to-day. Tho fol-
lowing is q full List OF representatives present
from the West and Southwest: New Orleans |
Chamber Of Commerce, ". II. Burwel, L. J.
Highly, delegates Y. Fl. Summers ". G. BLOCK,
alternates st. Louis Board Of Trade General
C. B. Fisk, William Il. Maurice, E. D. Jones.
Mobile Board Of Trade Daniel Wheeler,
R. ". Smith, Hon. A. Murdoch Milwau-
kee Chamber Of Commerce, William +:
Smith, Edward sanderson, J. F. Hill
San Francisco Chamber OF Commerce, q. ).
Dempster, George Hawes. Kansas City boaro
Of Trade, Hon. James E. Marsh. Galveston
Chamber Of Commerce, George Ball. Chicago
Board Of Trade, A. II. Wright, George u, = Howe
s. a. McCrea, Alexander Morrison, n. 4; Far
bank, Charles J. Davis, Detroit Board OF Trade,
Richard Haw1ey, John S. Patton: C1nc1nnatl
Cook G. ". Rowland, G. n. Halloway, William
henry Davis, ". Clifford Neff. Louisville Board
of Trade, Andrew Graham, James II. Duncan,
Wm. B. Hamilton. Cincinnati Board OF Trade,
A. T. Goahaon, VIM S. Munson' Augustus aes-
The business disposed of to-day consisted OF
resolutions condenning illegitimate watering OF
stock also favoring the enactment OF penal
Jaws for issuing spurious warehouse receipts to
protect holders Of receipts negotiable; also
resolution to compel railroad companies 70 Helgn
freight received On connecting lines, or be re-
sponsible for weight marked On Rackags; a,So
immigrants on the high seas, and conoemhng
all capitation tax on immigrants.
The Board will visit the har5or Tomorrow AZ
te1noon, and be banqueted at Delmonlcos Ell
' ITO tbs Associated Press.l
New YoRK, Oct. 16.-The National Board OF
Trade of the United States together M,th !id ael
eeation from Canada, re-assembled thls morn,
me at the City Hall. Delegates we're informed
thst their ladies might accompany them on the
trip down the bay, rendered by the Chamber o.
Commerce, Memorials on a return to specie
1sv1oents uniform international rates OF post
age, and the transportation OF the pfoauc1s VI
TIE Atlantic States to the seaboaru, we're pre-
sented and referred to committees aisa aeHo 10
onening up and utilizing for agriculture and
commerce, the territory now occupied by n
dians. and q proper reciprocal Teouc,
ton Of import and export dutles OF the onlseo
States and other countries.
A resolution was passed condemn1ng the prac-
tjca OF issuing scrip dividends the watering OF
stocks. and issue Of stock without full money
BY GO reso
tions that the Executive Committee memorlalze
the different States for passing laws TO punish
the issue of spurious warehouse rece1pts, auo
make receipts Negotiable.
Alter some little discussion, and the reading
ri = paper On warehouse receipts and the pro-
lection of merchants property in gram eleVa-
tors along the railway routes BY Mr. ao1ton, OF
Milwaukee, the resolunon OF LII. ho"AAno "@o
The subject OF redeeming the go per cent duty
m Csnadian lumber was referred to the Commit
tee appointed to confer With the Canadian oele"
Mr, McKea7an, referring to the resolution q q
the Newark Board Of Trade, continuing the ~
per cent duty On lumber, said that at the rate OF
cutting Of 1882 n e. dasaded
duotion to 50 IN gold, made by Congress, was IN
resolutions Of the Buffalo Board Of Trade,
canal having been read, Mr.. Busby OF Philar
daInhia said they we're asked to suggest I'M
pro7ements for parts Of the country OF Mncn 1en
they knew nothing. The time Was come Tor tne
Bosrd to say that such subjects we're beyond
III. Isaacs, Of Richmond, asked to have the
subject postponed to the next annual session, as
the Richmond Chamber haa nos recea1eo 'ne
After discussion, the subject WIS postponed
The proposition Of the Cincinnati Board o.
roads ] In THE The 6nited States be exhorted to form
general and national classification OF freight
and that Congress be requested to pass laws e
prevent injurious discrimination OF rates o.
and give the weakest individual redress against
companies, was next discussed
Mr. Busby, Of Pennsylvania, moved condi.
opal clause that Congress ,; be sskea &C. 70 pahsE
individuals and companies on railways Tor the
transportation of merchandise, so that competi
ton may lead to reduction Of rates: ~,
centralized power af Washington power over th.
railwsys was extravagant and dangerous. Hail
road and express companies are dangerous t
the but not 80 e gseMays 'ne is
Mr., Rowland OF Cincinnati, said he was go1nt
to the States through which the freights pass TO
3 redress of the evils, and not to Washington
[Applause.l He thought the Federal Govern
ment had too much power already, Unless n
can limit the Government, our whole system 0
royern1nent must be re7o1utiouizod, and GU
doom is sea1ed. [Applange. -oa .,at -,
1egislatnres Of the various States be inserte
instead OF Congress-.
The whole matter was referred to the E1ecu
tive Committee.
M. Chickering, Of Boston, called up the pro
positions OF the Boston Commercial Exchang
Recommending measures whereby the weight Q
corn sent over the railways would be guarantee
to the merchant who received it, go that rallWa3
shall be responsible to the merchant
paper On the. means Of securing bette
railway service: He said a the 1re;r,I4 EFeser s1
extoftionato, and warned Boards OF Trad
agaiust tho iron rule that railway despotism
placing on the necks OF the people.
Mr. Chickering moved that the Legislatures {
States be asked to pass law compelling railway
receiving freight from connecting lines to weilg
The same, or be responsible for the amount in tt
original bill OF lading. which WAS adopted.
M1. Chandler, Of Boston, introduced resolu
tions of the Boston Board of Trade to the effe.
that Federal supervision over emigrants shoul
cease after they hare passed through the Gu
tom House. and their Subsequent treatment
left to the seaboard States and municipalitie
He was opposed to the establishment Of an En-
igrant Bureau, because he vas opposed to ce1
tTa1ization. He also read resolution OF tt
BoEton Board condemning monopolies oppres
i've to Immigrants, and ali taxes, direct or ind
Mr.. Chickering also said they admitted THAT that
Which S @ good men men took care Of tie emigrant viii
out pay, but in Boston they, oppose
head money on principle, The EN- en-,