New-York tribune., 1872-10-17
LOCAL NEWS.
NATIONAL BOARD OF TRADE,


NATIONAL BOARD OF TRADE
SECOND DAY-THE DUTY on CANADIAN LUM-
BER, INLAND WATER COMMUNICATION, AND
GAMBLING IN TRADE DISCUSSED.
Tn accordance with the resolution of the
preyous evening the National Board of Trade reassem-
bled Yesterday morning the chamber of tho Board OF
Supervisors in the County Courthouse President Fraey
presiding. Mr. Stranahan OF this city, rom the Co-
mittee on Credentials reported in favor OF admitting
Chas E. Hill and @. w Lano as delegates IRON tne
Board OF Importers and Grocors OF New-York Jas E.
M,rsb of Kansas CITY, and Joseph Il. Ser
eeant of the NewHaven Chamber OF Com
meree The report was adopted. Mr. straDahan In the
name OF the Grocers Board Of Trade and the ChanDer
OF Commerce. invited the members OF the Natohai
BOARD TO dinner at DelmOncos tomorrow ana 10 an
excursion around the Bay and Harbor OF New-York To-
day Both invitations were accepted GeOrge OPuyAo
OF this city presented three memorials First upon tne
resumption OF specie payments second. on uniform
raes OF international traffic and other rules third on
ransporaton Of goods and other articles from the west
to the seaboard
Mr. Fisk Of st. Louis offered a memorial on the open
ing OF the Indian Territory to commerce ana agriculture
and another delegate offered memorial upon our yari-
ous international treaties All were referred to the Ex
eeutiye Council The Executive Council was Instructed
tn memoralize the Legislature Of the different States;
First 10 enact such penal laws on the subject as VIII
adequately prevent the Issuing or neSouauhH Vi
spurious or fraudulent warehouse receipts secondly 70
enact such laws on the subject Of warebousng as VIII
protect the holders warehouse receipts In the saeV
and integrity of the property covered by such receipts
thirdly TO make warehouse receipts negotiable Ike
other commercial paper. Adopted
The following resolution Of the Executive Committee
came up for consideration:
Rd Of scrip Syid the .1ts,5g 5g % e sod
cemp,aes perncou for the a0oSaon o "nin
| are deserving OF the consideration Of this Board
Mr. Ropes Of Boston moved to amend the resolution so
AZ TO read without corresponding reserve OF accuu
laon OF profits" which adopted. ana tue RESOLUTION
WAS agreed to. The recommendation or the Executive
Council on the subject OF Improvements IN the security
afforded by warehouse receipts Issued for properly
stored was ne and the committee towhom
the subject was referred offered the following resolution;
Iod That The Executive Council Be irsTue TO sg no
enact tns laws as will punish issuing negotiating Of spurious
fraudulent warehouse rscePs % 59.S. 81 1 ou receipts in the
safety AMI Integrity Of The pIosTy eo'eea & y h 'a oB@ers paper
Adopted
The reers appointed to count the votes for the Vice.
Presidents reported the election OF the following
Geo opdyke John W. GAMBLER Boston A = Go'hoIS
Cincinns Wright C6icaso' WT S@h h%sdIss' R. W "
PsTi BSsqPi G. Us hIa, Fn SS W. Grosyenof
dence Tho C. Hey Portland c. j. Holman F"A'sP-A' - D.
Fish, ST. Louis ~
subject v. concerning the duty on Canadian lumber
and destruction of American forests, called up by
the Newark Board OF Trade the following resolutions
being presented:
Wea, The duty Of % per vslorem imposed Lumber I'M
pord from Canadian provinces upOn abrogon Of the Reciprocity
Treaty Pacs protection Of ATe,n sS 1S9dy 69 es P
and SnsrOo' ad 1PS5 % and b. eiaas aad
eppss Of or own forests which policy should and pro
teci Tor the Of future generations and as,.
lumber 10 h great u aud the benefit Of only es
proPIeors Of tic lumber lands Of the lumber o''e' ~
Resolved That The juy imposed Canadian Lumber Of 5
prohtfy and that the National Boat Bos 0 if4'e WI"
use is and edlsvors to bring about such result
Notro rl odd gzpl
length ON the subject in support Of the resolutions lie
eontended that the present duty sunwse ana UNJUST ana
that per cent would be fair equivalent Our loreStS
need protection, he said, or we should soon nave ho
orests to protect According TO the present average
rate Of cutting say 100000 feet annually IN years INC
forests of this state will be exhausted.
Mr. WetbereT of Philadelphia did not oppose reduc-
ton OF the duty but he opposed TO free trade IN
lumber reduction from 20 per cent to he considered
TO be too great Ia That interest. He thought, however
that Congress understood this question: and we shou De
satisfied with what it had done with regard to IT, on
motion Of Mr. Thompson Baltimore the resolutions
were referred the committee appointed TO confer Win
the Canada delegation who had leave to sit during the
Subject VI relating to Inland Water Communication,
continued from the last session aud embraced Tue
- That % qse3. Of tn: E1eeuTs rec couPe n, Il any prop
preparation the United states % money or Gre. ana o. 1n & SOts
terest m,y have IN ,ra The tS1e e, % @ 81 [ @
Mr. Isaacs moved for a postpOnement the Rich
mond delegation had only lately received communica-
tons in regard TO it, and wished to have ehance 70
present their views upon the subject Mr. HazaTd OF
Buffalo opposed the postponement as the Erie Canal
WAS the main question under consideration it was de-
cided to postpone furCher discussion until to-day.
Classification and rates of freight By railroad was the
next subject for discussion Mr. Branch OF klchmOnd
opposed to giving the Government eohtroI Oh ra
roads 1t was very dangerous experiment TO give such
power a centralized government They mad no Ousl-
with this subject at all II dld not belong 10 the
Board Of Trade motion to postpone the subject was
lost and Mr. White OF Baltimore moved that it-be re-
terred back the Executive Council Mr. Rowland OF
contemplaed and he was desirous meet the question
now. After further discussion the whole matter was
referred to the Executive Council 10 report al the next
ann ual meeting OF tho Board.
Topic WILL presented by the Boston Commercial Ex-
more reliable railroad service particularly In refer
once the transportation or grain ana guaranteeing
weight OF the same" Mr. Chiekerng presented the
RssoSd That the Council memorable the Legislature
securing freight from eoanscng road. to weigh The freight and be
qud % be liable ior the ace S the e Of iaSng upon delivery
tc Refered 70 tho Exeeutiye Comet The dscusson
on subject TX Tare Louisiana sugar." post
pOned until to-day. Subject was in relation 10 market
reports and presented by the Boston Commercial
Exchange 1t was referred TO q special committee.
Subject XI was in relation to Immigration, aud was
proposed by the Boston Board OF Trade 1t was sub
Roea That in the judgment Board supervision
Immigrants arriving in The U1ed states should cease after they
that their treatment subsequently ny safely be n 70 The several
sut OF rivalry and competition SO actively among them
Rescued That tho Board unquaaedJ condemn, all schemes OOnbi
pVed the proper and usual facilities for cheap and safe trnOr
would respectfully urge upon the various local governments ake all
necessary counterfeit such schemes and combinations and
Rsosd That all captldOn aIes collected upon immigrants
vhs P directly or with OF without color OF law are Od0aI sOd
Mr. Gambler Boston spoke at length upon the sub
jeet Of the treatment Of immigrants on the high seas
hat hn