The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-10-22
CHICAGO.
CONVENTION OF NATIONAL BOARD OF
TRADE.

| AAAbEs
CHICAGO, Oct. 21.-The sixth annua
Convention OF the National Board Q
Trade assembled in Music Hall at nool
to-day. President Frsiley, Of Philadel
phia, called the body TO order, and tn
proceedings opened with prayer by Rev
Dr.. Goodwin, Of Chicago. A delegation
from the New York Produce Exchang,
was admitted to seats with welcome.
Secretary Randolph, Of Chicago, callet
the list OF delegates. There Is large at
tendance, nearly every city In the country
being represented; but the list OF delegates
is yet incomplete. r. F. Swami wa!
chosen Assistant Secretary.
B. @. Culver, President Of the Chicago
Board Of Trade, delivered an interesting
address Of welcome on behalf Of Chicago
and her business boards, which was
briefly and happily responded to by Presi
dent Frailey in an eloquent tribute 70
Chicago. Do
The report Of the Executive Council
OF It's action for the past year was read.
The report recommends the encourage
menl oi American ship building, by the
allowance oi bounties, whether the mate.
rial used be foreign or American, and
condemns the credit system Of the gov.
ernment promises TO pay, and the Ma.
tional banks founded thereon, and dc.
mands currency resting on the specie
basis. II condemns the policy Of the banks
paying interest on call deposits, and IA
vors the government regulation OF inter-
State transportation, and the reduction Of
rates so that the producer shares the prof
its Of his produce, and condemns the wa
teripg of stocks 80 that dividends are
paid on fictitious representations of value.
The Convention proceeded 10 the cleo
ton Of officers, Mr.. Smith, ol Milwaukee,
presiding, President Fralley was unani.
mously reelected.
President Fraily, upon resuming the
duties OF his post, made briet address, Of
thanks to the body for their continued
manifestations Of regard and confidence.
The following Vice Presidents were then
elected: @. 4. Culver, Chicago: 8. T.
Covington, Cincinnati; E. P. Dorr, Buiia-
10; A. p. Bride. Detroit; Henry ]. Lats-
tain, Kansas; William z. Smith, Milwau.
kee; ]. 9. johnson, Newark; W. NJ. Bur
well, New Orleans; George 0pdyke, New
York; J. Hoffman, Philadelphia; E. Q.
Hersey, Portland; William Grosvenor,
Portland; B. r. Bonner, St. Louis; B. F.
Nourse, Chicago. ,I
Pending an election, the chairman ap-
pointed Howe, of Chicago; Boynton, OF
New York; Marsh, OF Kansas; Davis, oi
Cincinnati; and Haskell, Of Portland, as
a Committee on Credentials 10 consider
the now applications for membership Of
the Board.
A delegation from the Dominion Board
OF Trade was announced and received on
the platform and welcomed by the Presi-
dent. The welcome was responded 10 by
Vice President Rowland, Of the Dominion
Board.
BY "a suspension Of the rules committee
was appointed to which was referred the
subject OF transportation facilities. Com.
mittce-Grosvenor, Of St. Louis, and
Howe, OF Chicago.
The invitation OF Carpenter Il Sheldon,
managers of tho Star Lecture Course, to
attend the reading Of Harriet Beecher
Stowe this evening, with free tickets, was
accepted with thanks.
II was decided that the daily sessions
be held from 10 A. NJ. 10 4P. N. Ad.
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