The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-10-17
iiliculty OF inducing
q uniform law on the
house receipt would
country. lie felt that
,OuSemeD, and banks

The mercantile interests must stand between the
;Sucrs OF these fraudulent receipts and the banks.
A DELEGATE proposed that warehouse owners be
compelled to give bonds covering the fun value OF
Mr.. ROCHE advocated the resolutions and moved
their adoption without further discussion.
The resolutions were adopted.
SuIjecf No. 5-Duty Canadian Lumber and Destruc-
OF Trade.
The resolution recommends the abolition OF duty
on Canadian lumber or reduction OF the present
twenty per cent ad val0rem duty, the present
policy Ii an imposition upon the consumers OF the
Mr.. McCLAvE claimed that the duty is an onerous
one upon the consumer, as much OF our lumber Is
imported from Canada The home producer, in
consequence OF high duties increases his facilities
and In consequence our forests suffer greatly while
the prices are no lower for the consumer. The
Official facts show that the imposition o
the tax Is not beneficial to the home consumer.
The Importation from Canada is about eight hun
dred millions Of feet per year. and the tax upon the
consumer Is over eleven millions OF dollars. Mr..
McCave referred to the destruction OF forests,
and from statistics he estimated that seventeen
years are sufficient to exhaust the forests OF any
State. taking Michigan as basis. He showed the
demolition OF American lumber forests to be at the
rate Of about four million acres per annum and ar
gued that 1t would be judicious policy TO encour-
his argument was 'WOOdman, spare that tree" at
the sacrifice OF those of the Canadians across the
st. Lawrence.
Mr.. wETHERELL thought that Congress had care.
mlly considered this subject. They had reduced
the duty less than twenty per cent. On cheap
goods the reduction had been from about twenty
per cent to five, and ne thought this q moderate
duty aud that the lumber interest should be salts
ned when the average percentage to produce
revenue 10 about fOrty per cent, some interests
paying as high as sixty per cent. The propositions
made IN the resolutions amounted to free trade,
and he did not think we should get the duty SO
low as to injure our own trade.
Mr. THOMPSON, OF Baltimore. moved to refer the
matter to the Conference Committee, TO confer
with the Canadian delegates, which was adopted.
Subject No 6-"Inand Water Commune alton y proposed
by The Buffalo Board Of Trade and amended by Ex
~ the National Board Of trade looking appropra
WORK within the limits Of particular state should b
shown that such is abandon entirely the
and the entire Jurisdiction such work with the
ship.
discussion occurred on this subject, the Rich.
mond delegation asking that 1t he deferred until
next year, and Buffalo, through Mr.. HAZARD trying
to force the subject on for immediate consideration
and hnal disposition. The matter was postponed
until today
SslJet No L-"classiheaton and Rates OF Freight by
Rsiiroad" proposed By the cincinnati board OF Trade
states hereby ex6or,ed general and national
classc o. Freight and Congress hereby requested
tons In and classification freight or exoronae
which redress can be Obtained by is dvaua
against the strongest corporation.
Mr.. BUsBy, OF Philadelphia, moved to insert after
the word flaws" the words, "saall favor indvidu-
els or companies other than the railroad companies
IN placing rolling stock for the transportation OF
OF promoting the public interests by wider
petition for the carriage OF freight than now ex-
Mr. BRANCH opposed the resolution, as, in his
opinion, placing the railroads under centralized
government at Washington was more dangerous
TO the liberties OF the people than leaving the trans
portation OF freight In the hands OF the companies
The corrupt government at Washington has already
too much power This was question outside OF
the commercial interests OF the country properly,
and II the Board was in favor OF taking I'D SUCH
questions they had better give all the railroads OF
the country to Grant or Greeley, II he Is elected
MI. ROWLAND made strong speech In Opposi-
ZION 70 requesting Congress- to interfere IN the
matter lie argued that they had no power under
Jhe constitution OF the United states TO do so, and
~ c0uld only he done by referring the subject to
the Legislatures OF the States.
Mr.. SARGENT proposed to substitute "the Legisla-
lures OF the several States' for Congress
Mr.. BUsBY argued that the passage OF laws allow.
ing transportation companies to run trains upon
railroads would make considerable competition
and allow the shipper to give his products 20 the
lowest bidder, whereas now he must pay whatever
the company VINO own the roal nay demand.
The subject wa. dnally referred to the Executive
Committee for future report.
SsLiea No. a-whst measures win secure more rclia