The New York herald., 1873-09-11

shipping merchandise arriving departing, Dy
Resoyed. That we symDs h1s with the producers and
S an and %e psdrs en go
operation IN ali lust and reasonsSs Efforts to that end
Mr. F. d. MoULroN said that the merchants OF
New York OF late years had their attention called
thropists, but because OF the necessity OF the case
The policy or the State OF New York had been
and he Illustrated this BY the Congressional and
State legislative action as TO the duty on salt,
ABOUT Of s
| Chicago to New York. This charge be reduced
s. ton by adopting n, the changes IN the canal canal
good @ a' Dni for fandins the % canal debt, When
senator Hardenperg, and 1t was passed
without the cost OF cent, because the
1t was unfortunately lost when 1t went before the
people, In consequence OF the treacnery OF the
he s meant Mr. Nathaniel Sands S ana IL Mr. William
Tweed. There were votes enough passed to carry
T. In Kings county and Erie county.
New York had only Increased since 1856, nIty-seven
Louis 254 and Philadelphia 2s2 per cent. Those
figures were positively startling: This must be
on the part OF New York we shall lose our trade
Mr. MoultOn said he would give way for Mr.:
Hustled, who had done great service for the Canal
SPEECH OF Mr. JAMES Hustled.
Mr. JAMES Hustled said that the problem OF
the problem Of the hHuI
there should be q merchants, lreignt railroad
work k with Ocs canal TnS''A ring. railroad could
be Of DS % s. ns1s ns sy to the he
ssendes to T. the Funding B which has been
es fheGs eod be
measure passed than the funding OF the canal debt
Every friend OF the canal shoold give
hvo
appointed a a Senate committee to consider
view Of the iact that there is also state Commit
tee in reference to this transportation question the
mittee to go before the JOINT committees When
these great works were ACCOMPLISHED then, IN
long prophesed she shall be. lCheersJ Then
justice win be done to all. The right Oh all will be
projected. The united efforts Of the ne Leg stature
your legislators wlll carry out your wishes, and
give you an opportunity to carry out your plans
! SPEECH OF MR.. PRINCE.
Mr. PRINCE, Chairman Of the Legislative
He believed there was still in existence a copy Of
the Newport Mercury OF number Of years ago, In
sr % Years. ssr ss It S s ssn nsa
New Yf might sss cope Th New
ulations and better trade than New York had
Since then, of course, New York had taken her
her opportunity to cooperate with the Interior Of
| the country. The great, noble river, which ex
to New York the first impulse that made her pre-
| eminent. Population went further west, out to
rasss ssw II That the an ena then Pw was
needed to procure the necessary communication
Those were penny WISE men tnsn who Opposed % the
was Vas butt; II, Then fOSxsd S the The great aay S o.
had spoken. On that day New York became
supreme; In the first hve years afterward
year succeeding there was continued increase.
This control OF the transportation to the interior,
ana .1e return ts %ach were sae
the Erie Canal was originally finished, that It was
not sufficient for the trade. 1t became necessary to
sufficient for the transportation at that time. II
is true that everybody was. aware that this
bt's but we needed to be reminded that We VENUS must Ss
kept abreast OF the times No city could afford now
tnat answered formerly The simple iact was
that the means OF transportation TO New York city
ord Ordinary growth Of the the We West Philadelphia, % Chi
cago and Montreal had been for some years past
IN s'sa Ssn S5 New % saS ssn
| Philadelphia or Boston could not compete with our
canals 50 easily "a as Montreal & Measures T we're ere 9
| Lawrence canals, the means used by Montreal to
secure her superiority and Western men
boa board Av should be their landing place, 81.
we should take care that this city should
brokerage, came OF from the original price. and
alter alter their err gram had LETT them. there we're many
competitors los = canal tranSpoTtaner put put
IKE ea o wScs cs' wefs not IN the 'eco country
The Senate committee here tonight were
inspect these three routes but to u.s. IN this city
end OF each. Nothing could be more untrue than
to say that the canals were burden upon the
had expired, II rhey ever had any usefulness that
caused the burden. 1t was in the support Of these
anal spens Ss mcsy o the
water route itself A year from now the sale leo OF
s
the Atlantic by New York CITY. But New York
merchants should not sit Idle while Western men
we're seeking for route OF transportation to the
seaboard and other cities were seeking to accom-
modate them. There should also be Q freight
before the road was finished there would be more
business for 1t than 1t could do for the Great West
as sf: were
on on this bis island, on on @ one side Of it at least,
aud lined with large ofe
houses. The present facilities were Ridiculous
fve things-Ffrst, the enlargement OF the canals
from the Hudson to the lakes; second. double
nsf cs. % New
York; fourth, an honest administration OF rail-
road corporations, that the people should pay only
Just dividends; NTH, honest legislation.
FORMATION OF AN ASSOCIATION.
The following resolutions were then read, and
on being put to the meeting by Mayor Havemeyer,
were unanimously adopted
Resolved That in the spirit Of the resou
tions adopted this meeting hereby associ-
alton, to be called The New York Cheap Transportation
Association.
Resolved That we proceed to the selection Of presi
three vice presidents treasurer and
thirty directors who shall constitute themselves board
of managers with power to fill vacancies which may
occur and to make such rules and bylaws rs be
deemed best calculated by them to carry out the
doses of the association.
Resolved That oil merchan and mercantile firms
who have signed the call Tor this meeting, and such
subscribe to these resolutions and the
membership fee OF IS, be considered members OF the
association and entitled Its benefits and privileges
The Chairman, having been called on to name the
officers Of the new association, announced the fol-
lowing
Presideni-B. B. Sherman.
Vice Presiderts-H. r. Baker. II. B. Clanin Franklin
Edson.
Secysarv-P. b. Thurber.
Johu n Ham