, 1873-10-25
COMMERCE.,
Fourth Day of the National
Board Of Trade Con-
Vention.
Further Consideration Of the
Question of Transpor-- Z
talon.
The Right Of Americans to Buy
Foreign Bottoms Con-
: ceded.
Report of the Committee on
Reciprocal Trade With
Canada.
Tho Oppressive Alcohol Expectation
Restrictions and Regula.
tions.
a. Highly Interesting Report
from the Finance COM
+ mittee.
Which Is Ably Discussed by h1r.
President Frayloy and
Others.
The Convention Adjourns to Escape
from the Substitutes Offered.
a. Highly Interesting Report
from the Finance Com
'. mittee.
Which Is Ably Discussed by hlr.
President Frayley and
Others.
The Convention Adjourns to Escape
from the Substitutes Offered.



T1fH NATIONAL HOARD OF TRADE
met pursuant 10 adjournment, the President in tho
Chait.
Prayer BY tho 1sor. Slr. Cheney.
Mr.. Hawley, Of Dstro!t, moved that remasts
tho transportation question be limited to hvs minutes.
He regre.teI IT, butls necessary, in order to e1-
pedita business.
The motion was agreed to.
TIE TRANSPORTATION ouEsr1oN.
Mr. Allent Of Philadelphia, explained why he had
agreed the report Of the Committee OF which he was
member, IA to tito second resolution, It had been
said the free Railroad Laws Of tho States would do n
that was necessary but that Wis incorrect for hero
vero states rhere such laws did not exist. Thoy
might want to build road to- Charles
ton or Savannah. So recently Cincinnati met
With difficulty In getting road through
Kentucky He favored the third resolution, and
believed Congress could regulate transportation
by laud well as By water. It was dormant power,
which It time to exett As to tho fifth RESOLUTION,
every businsss.man knew how improvement arpro-
prations wore og-roled through Congress- aud 1t WIS
possible tho proposed Hoard might remedy that. He
believed Mr. Hoons substitute amounted to nothing,
since 1t purety IN expression Of opinion, while
The resolutions Of tho Committee we1c dstinct and
oloar, aud Which gave aomctltug to congrets to
act On.
adn. nunwRLI, OF NEW oALrAss,
lce1ed 1t ha duty SIMPLY to Ray he should voe against
Ill Rubatukes ad also ths tlree first resolutions.
which proposed to adjuat question which had not
teen 1used in Congtessits power 70 create cor
poraton within tho States. That waa thing tt
had mover done. lie did not want tue
Board of Trade to 60 Into that Question. Tao
fourth resolution he tavored anre 1t stated that tho
only real reef ly In the Improvement Of the water
communications. He was In favor Of improving ahem
a every .here-eilher tbs ST. Lawrence. the Er1e OF
the afssisslpp. Tue former, however, was frozen for
SIX months Of tic your while tho latter was always
open' anu, even ~ ~ no" WAC, coa1" carry "osseAA
products 30 per cent cheaper than any other route
TAe percentage OF vesses lost between the B4io and
IIyernoo, was fur oreater thau between Ncw Orleans
and 1tyernool Hs reu.rded tbs st Lawrence uud the
aao !1sett9''' 40 ''@1tea VAC ~ "Aoo N AS
MIssivsippi a. tho two great comrepsasiug routes.
lie. 1ArstAw, OF KANSAS CTR,
o;.on. .,.,.d ,ac,s ~ .s.n.J t,,,t tho outs
oeaeVo IL s'a'ea lac~' ~ 4sSuneu .n', sus ouns
remedy for railroad eYi!s WAS IN 4ee'a4auoA'
to which no could not agree. He, thought
compe4tlon tho onIy remedy e great
Eastern lines, even, had not at Present
sufficient capsei'y TO carry western p1oauce' IneFe
whs too urh dangcr in this appealing for legislation
Western terminus be at Kausas City, 70 81 stop a
rivalry between st; Louia and cu,cago. H. favored
tho 1hira resolution, mud tic words - Or anta coI.
troll - IN tho second. lie would be gnd TO see nauy
oes fos Sonn nourd Of I'D not vat win Ss
approval
Mr.. woo11x, OF ONO.
portaon. On the railroad q!sstlon 1AeIs we're ~
nonta nv9yed.-tas power o. o. coaytvss, ths p9sy ~
i.rgsiusnt, ito sest q tbs taria 3ron, and lus
aeet Of thc geat freight lines oR taFn chIraes Ias
!atter posa naa not usen ossassea a. III! ~ te Con
Kenllsnien who had not pressed tncir ca.ns to t4t
hoor that hYe.n!nutc rule snoal.l Ds eniorseu: ~
.ne5eeiose, rsiasea 10 speak ans 'nose A1ee LIB <t
Ma PEI rEY'5ox ,i, Or =. nloaMoxn, that ,n
could hardy see how 1t coulu uo taat my ont