, 1873-01-24

The Matter Discussed BY the Di-
reCtors Of the Board Of Trade.
a Variety Of Opinions Expressed,
but no Action Taken.
Another Meeting to be Held on
Saturday.

A meeting Of tho Committee on Miscellaneous
Subjects Of the Directors Of the Board OF Trade
WAS held yesterday afternoon, for the purpose OF
discussing some points connected with the in
spection OF grain under the State Law.
The first point Was as to the separation Of tho
Railroad and Warehouse Commission, forming
tvo Boards.
Mr. Howe seid it WAS good idea, and to re-
duce thu salary from s3, SOC to 92,5oo. The in
spection fees would cover Ill expenses: The law
applied only to Chicago; and the Office should bo
thcro.
Nr. Irwin moved that the Committee recon-
mend that the Inv be thus changed.
Tho Chair said tho meeting had been called
rather to hear suggestions, and then report to
the Directors.
Mr. Irwin said there we're defects in the in
spection, and gave instances leading to results
which had caused complaints in the East The
grades of barley had been gradually changed, so
as to make difference between September and
January OF 10 cents bushel. The quality varied
at the different warehouses, as some Of the in-
spectors had been negligent, and tho quality
run down. IT the present system went on. Chi
cago would lose Its barley trado. Milwaukee
barley was now several cents above Chi
cago barley; while, at the beginning
Of the ecason, there Was nc difference. They
kept up their grades there, and would secure
much Of the trade. Some ono should haTo
authority to oversee tho whole mattez.
There followed q discussion Of the Milwaukee
method of grading wheat, after which ca1no an
other on tho demand for high mixed corn. Mr.
Wight was in favor Of dropping the term "No.
l." and calling it "high mixed" Ho felt there
wss need Of change in grading corn. Owing
to the present system, the yellow corn from
Southern Illinois could not conc here, while 1t
sold well at tho East. He would mako the
standard for high mixed three-quarters yellow.
He strongly favored a change in grades.
Mr Drainard believed the corn grades we're
made for an European market, and in view OF
| the changed condition Of things st tho East,
required change. .....
lii. Randolph did not think the division Of the
Commission would do much good unless the law
was changed He believed it q mistake to have
the Chief Inspector appointed by the Governor:
The Commission should be here, and appoint all
its officers. It Was pretty certain that mere
ppn1ess p'"' there '> was change. Grades
should not be regulated by iron
law. Local causes might badly influence Legia-
latures. A good Commission, properly restrict
ed, could best 31 the grades. He did not BE- =
corn. cor ffhey bad lad three good crops, but the
Called low mixed Lately. No. Z corn had sold
about us we'll as No. /, but that might not con-
t,nue. The grade Of yellow corn was Of no &C
count. Il they could abolish Yellow and su6stl- b4h
and 2, he believed it would Gaswer. Il Ill
these things could be done, he b:,
lieved they had accomplished al
that was necessary. He did not * be.
| ieve in changing grades to accord With
rules In other citiea The law was too intie1lble
| too, In fixing the grades Of wheat. Some power
| was wanted, when necessary, to keep an old croE
separate from new, and that should be given X
| the Commissioners.
Mr.. Davis did agree With Mr. Randolph, ex
cept Is to the grades Of corn.
hlr. Murry Nelson agreed entirely with Mr
Randolph: Tho law must be changed or the
| trade suffer. At present the law was great ca
| lamity. Tho trade here could not compete with
| Ohio and Wisconsin, where the regulations were
Mr. Howe said he saw the necessity for q
flexible inspection It the time Of the wheat cor
uer last year.
Nlr. Randolph said it Was flexible but on the
Mr. Nelson said very few people realized the
| importance Of the Grain Inspector. FL power
| was far greater than that Of any Governor.
| AIR. Randolph said the Commissioners had
stated they knew Of no oEror III inspection.
That statement VAS enough to convince him OF
| their incompetency. He gaTe an instance OF a
great error in inspection
nlr. Wright suggested that the Committee
! recommend that one Of the Railroad Com
| miBsioners have an Office hero, or that they
meet here ut least once q month.
| Tho Committee adjourned till hclf-past
| on Saturday, when public meeting will be
! held.