New-York tribune., 1872-10-16
NATIONAL BOARD OF TRADE.

FIRST DAYS SESSION-RECLPTION OF THE DELE-
GArEs-PERMANENT ORGANIZATION.
The DELEGATES to the National Board Of
Trad5 met, yesterday, noon, 90 the Chamber OF Com
mcroc, at William ana CciU-sts. The Hon. Frederick
Fralcy of Ph adcphl President Of the National Board
called the members TO order, alter which they wero
formally welcomed to this city by the Hon william T.
Dodge President Of the Chamber Of Commerce Of this
city.
IIr Dodge said that behalf Of the Chamber OF Com
merce lie felt great pleasure in giving the members Of
the National Board OF Tade hearty aud cordial wei
come, ana II would giyethe members OF tie Chamber
great pleasure during their stay ia the city to promote
their welfare. He grclted that the rooms Of the Cham
berof were not moro cOmmOdious but he hoped
that when the National Board OF Trade visited NewYOrk
AGAIN they would be in better position TO accommodate
them Tho public mind he said, was at present excited
over tho approaching Presidential election, but never
tbees the proceedings OF the Board OF Trade would be
watched with unusual interest for It's deliberations
were Of vast importance TO the great interests Of the
nation The wealth and progress OF the country at such
An carly period aitcr the late great struggle Is not only
wonder to all O,LCr nations, but also to America.
Wherever tuIns continued evidences or wealth and
rapid increase present themselves During the last ten
years the nation has expended thousands Of millions Of
dollars in constructing railways which have given vast
value to land previously an unknown waste and have
almost annAatcd tho distance between the Atlantic and
the PaCnc and this very large expenditure has been
made without any way interfering with the monetary
affairs of the country The speaker then referred at
some length 10 the underlying power OF the annual pro-
duce of precious metals The vast country divided at
present from seaboard would be subject for the de-
liberation Of the Board of Trade and he trusted their
discussion would have beneficial results, for something
must be done at once place in tho hands Of the agi
cultural districts the far West greater facilities for
the transportation OF their agricultural products Tho
farmer requires more encouragement and Is now anx-
ousy looking the Board for assistance He concluded
by stating that suitable apartments were IN readiness in
the new Court house for the Board.
The Hon. Frederick Fraey President OF the Board,
fttngly responded, and warmly thanked the members
OF tine Chamber OF Commerce, whose unlimited kindness
he said made pleasure to the members OF the Board
OF which he was President To visit New-York He had
also witnessed the progress remarkable throughout
the country referred TO by Mr. Dodge which, with other
TOPICS would command the strict attention Of the Board
Tine country had made another gran march toward ree
dom civilization and one OF ls greatest chrdctcr
islics To-day was It's love OF freedom liberty ana
eGualfy lie tneu reviewed the improvements IN
railroads. 6tcambOats, ana press OF me country,
and concluded 10y wishing the Chamber OF Commerce
every success ana expressing the nope tAat the deoer
atOns ~ bis Board might De such as 10 cause the Cha
Der of Commerce to be proud OF II. , a.. D.,
The delegates tLen JOurned 10 the room OF the board
% - laoI,d,cted iy Mr. Dodge on tie rcassembng Of
the Board, MI Fraiey took the chair and called the
meeting 10 order On motion OF MI. Ropes OF bV'toh
Messrs. George Wilson OF the hew-1Ork CbhthDci Oi
commerce ana Il. :. Swords OF the Newark Board OF
Trade were appointed Associate Secretaries with Halnll
ION A. HILL Mr. Hi read the NTH annha repor. OIL the
Executive Council which was a review OF the subjects
| mai lad engaged the attention OF the Board and
| tLc action taken by tho National Board Of TRADE
| 10 promote the desirable objects In view. Among
| the more important topics considered IN lhe
| rcport were the ostlblishment OF closer and fo-
ribrocay advantageous trade relations with Canada,
tho better protection and enlargement OF the shipping
interest ght dues IL great Britain. greater freedom OF
internal trade the systematic collection ana coup.ia
tinu of commercial statistics, direct importation 10 Ihe
Interior the vast Increase aud utilization OF luuBra-
ton, abolition and reduction OF local chalsts pn
| shipping, and the organization OF system WhcieDy
correct und detailed market reports may DO keHcl"'
! and economically disseminated.
| me Hon George Opdyke was temporarily called 70
fbe chair aud the delegates balUted Tor permanent Oi
c'rs me tellpls reported that votes had been cds
of which GO we're foT Mr.. Frey. and each for hessfs
| HurrrIi a4d Firh. Dir. fTaiey declared Guly
elgcted q e Fisl OF Louis and Mr. Branch Of ltch-
InOnd were appointed % wait upon the President anu
oddTr iu which he returned thanks 70 the delegates
h, making LI Chairman ~ the National BOfh oi irarf
.rntsIgcir ne pts nN .lJ ,O telerto tr' ptef-c