, 1872-10-16
OUR COMMERCE.
Proceedings Of the National Hoard OF
Trade.

1T0Qes
SpeciuI Despatch to The Chicago 1+ibune
New YORK., Oct. 15.-The first days proceed
iugs Of the National Board Of Trade to-day we're
confined to the business Of organization.
Seventy delegates were present, including rep
resentatives from the following cities in the
West and South: Chicago, Cincinnati, St.
Louis, Louisville, Milwaukee, Kansas City, San
Francisco, Nashville, and New Orleans. Hon.
". E. Dodge welcomed the delegates in
the Chamber Of Commerce, promising to
do ali III his power to promote their comfort and
pleasure. He spoke Of the increase in our rail-
roads and the influence they must exercise on
commerce also, Of the value Of the production
of precious metals here and in Australia. This
underlying power, be said, was giving increase
to trade and vast prosperity to the country. The
speaker referred to the vast crops which did
not remunerate agriculturists in consequence Of
the cost Of transporting grain.
Mr. Fraloy, President or the Board, respond
ed He expressed the pleasure they
experienced in visiting the metropolis Of
the Union. He alluded to the vast
improvements Of the past years and improved
the press, which now circulated millions where
only tens were circulated years ago.
During their stay in the city the delegates
will be entertained in various ways The
CQauQ6T Oh CQUll49It6 Ahf6 A4aAo aA4Aut9"
ments for an excursion on the bay.
ITO the Associated P5ess.]
NEW YoRK, Oct. 15.-At the opening Of the
National Board of Trade Today, President
subject Of increased facilities for transportation
Of products Of the Great West would demand
their attention, aa something must be done at
once toward this end.
The Board then adjourned to the Supervisors
Chamber, in the City Hall, to commence its an
nual sessions.
Credentials were presented by delegates from
Baltimore, Chicago, Portland, Me-. Troy, n. T.,
Kansas City, Cincinnati, Newark, n. j., Calves
Louis, Wilmington, Del, New Orleans, Phila-
de1phia, Louisville, Buffalo, Providence, Salem,
Mass, Boston, San Francisco, and New York:
Hon. Frederick Fraley, Of st. Louis, was
elected Permanent Chairman.
delegation from the Dominion Board Of Trade
was present BY his invitation, and, on motion,
the delegates, consisting Of William McGovern,
Of Hamilton, Hon: John Young, Z: =. Moran, J,
q. Grant, and their Secretary, William Pattet-
son, Of Montreal, were admitted to seats.
Mr. Young, in returning thanks, spoke Of the
disadvantage to both countries OF the want Of
reciprocity. Canadians wished all barriers to
trade thrown down, but until the United States
National debt was reduced did not desire b
ZollVerein.
large number Of nominations for Vice Presi-
dents we're made, from whom fourteen were 20
be aelected. The following were chosen: J.
". Candler, Boston; e. s. Hazard, Buffalo,
VIM. Wright, Chicago; A. T. Goshorne, Cinoin-
natl; ). II. Dunham, Louisville; B. ". Smith,
Mobile; 4. E. Smith, Muwaukee; ". II. Bua-
we'll, New Orleans; George opdyke, New York
Vim. h. McClave, Newark, N. j.; II. Grosvenot;
Providence Theo. P. Carsey, Cleveland; J. G.
Hoffman, Philadelphia; Charles B. Fisk, st.
Louis.
A Committee on Credentials was then appoint
ed, consisting Of Stzanahan, Howe, Burahong,
Percy, and Goshorne.
A COMMITTEES Of eight was appointed to con-
suit with the representative Canadians on the
two countries, &C.
The Board soon afterward adjourned until 10
o'clock Wednesday morning.
The daily sessions are to continue until
o'clock .. m.