, 1873-11-07

tilted In tbs Inference thAt, W1lnt hhs hantdtcti many
.iie:lon, will contln,1o to happen. That eyotom
Mhlcl. permits snch llccnac, presents ol,anoos
10 lMssiby greater irrsgnlsFlties than vel
1t nny art Of MIR duty IL Observation-Disclosures In our h,si.
meas syhtctn, Which this investigation ltaa mnto cn1.-
tons frol snun sI,1cea 11uxl,n l.or FOR ylontions
OF o laws Of tr la1l. Tho instances Of ai lupsrs
"F' shown to hn very common. Wareho,'fcmcn arc
CONSTANTLY IEHDiEtl ulAfN
which III not tlpiry to lcnl md, we must tccve mi
anftcquely inf, i o for tl,tir ow1, ncco1nt. il
MUD to trhea the moral dlsthc,iona betwcen such
4eis mud lho, more vulgar o.S.nses which arc
nro s9m n,,,.a Sr II tue n law AZ Fenes 5 o Dnt
Of exactly equal rRrce before tic law, except at thcro
may lie ,ev 1attcny, wo therc ia petty exception
III favor Of wareholsse pceilations.
During The progress OF t1B investigation great e1-
phns!s 1ids bccn ulaent1 nrnn thu
AFs1fsiEb nEckHstIY
r o e4a anns q d ' sS asst SS Sal nss nssnt M
convenience would resu!t to tho chipping interest by
srlet o1sersaee ol Tho a,s This might srs
things but tho temporary disadvantages would az NC
its thereby rcsng. Ncassnno that tfe general nnbu
concern u, tlc integrity Of warsose receipts would
vastly oMtwoGh ay tneonventenees Of .letatl 1eces
mind would huss l,ecn disturbed, Or t,a4 tIis
M Violations % Of 4f iic WI warsaS rss.so w sse'ias bs:t,
cevnnned to tho Recommendations witch '1., ars
IT,, thu aege. ~ neeessary SIN, No TO not nlnit
In the way Of warelu''semrn pruvihng III lilo means
necessary y Tor ~ transaction Of tlotr 'sesp There
II c'r 10 o sW nssI whet y e y prevent ca son lsn
we think X hna long hecll patent to tic members tT
tho Hoard Of rade tint ti.o ars,1,e urressity for
s'1cl accommodations covers tin rurroao niltl
ArF0R1,s THE rRt:TCNT
tHr wolesaa aud ,'nrestrained violation of tho en-
Tire nct n la7l But Whether the hostility Of the
In mats nitx
they can or cannot pcrcctIn That uwncra of grain Mono
have the right t. iss entire dspoaal We arprclen
appreciation 81 iia rshs, md th"t It viii isfs nbo @
their cnforcc1ncnt-Mn thta--or II necessary,
rl,der still more cxncting 1aw. "A warefouse re-
Of our daily business, an rs thcir perfect integrity ii
30 necessary in imparnE thcir vat'lc sccrity it
should Eo thrown arod te ery eryfy or To +.
regularity shonld lc kept carefully shut. Small de-
viations, like small loans to shippers,
st1buLD Shr iii. rtnsfIrrEp,
Then tho probabilities ct future ferio1,s defaults
will be- exceedingly remote The fact TINT no great
losses TO the general public layo yct occurred ia
warohonsonen It II enough tint wo eai Gee ita evils
aud can approciato their logical tendencies. 1t is
enough that e know Of immense private losses that
for single fortuitona circumstance which might
noysr tntergnks to shield tho public again So long
10 them tn the gran they hoi III trnst Just 20 long
will tho temptation to an abuse Of that privilege bo
CONSTANT PUBLIC MENACE.
miliariiy WITH past utauthotised shipments must in
no wise bo aowea to dun the public hcnso as to tho
instance Of such liberty, II must be boro III mind It
IL 3 breach Of trust md cr1no
PUNISHABLE uY FENAL tNrL1c1roNs.
u IL TIE courso Gf events, II al!ond alpear in thia
would o high time fiat aon,o such 1aw-lreaker shols
AZ The books Of tho inspection and Ecga,ratson ot,-
ces arc pnDlie recors, aud consequently opc for pub
r. ex9inaIon, We deem Il proper to a.gaeat ttat lo
returns Of fntrccto Of Shipment and Of canrcliaioH
With vew 10 the discovery OF further Irregularities
Ant the enforcement Of the law.
We further recommend that, Il any public ware
housensan ho detected In loaning or shipping any
erin not hts The % receipts "f such
TREATED Aa IRREGULAR,
and M insufficient tender IN tIe fuld1lmcnt OF con-
tracts between members Of this Board.
It IL further A1tggeptetl tlAt some additional ltEB-
1nso Is necessary to compel registration for cnccl
ton, by shippers.
af 5 as ssqs9 rss.ey T. re o,s s eyftsa y W to
house receipa, by making suc1 reeepta first ind
rars,hount lien on tho warehouse ind grounds de-
voted to warehonHing rurrofes
ouM REGISTRY srsrEM. ...
Considerable bf the evidence taken In This tnrcsti
gatiotl has Ind reference to The III wlsc! or
present sate t. eonro Il vas Soovea tat s m np M
right md Intelligent administration Of TINT depart
nlflt Of tho inspection service might. rll1er the
present lava, fiji Crtat measure hayo prevented
1nay Of the Irregularities that have been called
to cons!dor. Tho evidence upon this p0int is part
Of tho record Wo refrain from any general comment
Mpo II, AZ II laa been submitted to e RaiisuI and
Warehouse commissioners who will doubtless apply
al 1Iecesssr, curreciyes III orsr to |, restoration, M
pnl,jc cohate1lce III tile integrity hnd efficiency Of
.hat Officer.
All Of Which Is respectfully submitted.
A. II. W1s10HT,
EoBr, WARuEN,
HOWARD PntEHrLEr,
CHICAGO, Nov. &, 1878. Committee,