, 1873-10-27
COMMERCE..
Fifth Day Of the National
Board Of Trade Con-
vention.
Unexpected Adjournment I'm
til January, 1874.
Baltimore Selected as the Next
Meeting Place.
Saturdays Discussion Of Trans
portation and Finance.
The Latter Subject Passed Over
Until the January Session.
Improvement Of Water Routes Urged
OIL Congress-.
Reciprocal Trade Relations with
spanish-Amerioan Colonies
Tho Thanks Of tho Convention Tonlorcd
Chicago for llor Hospitality.
Saturdays Discussion Of Trans
portation and Finance.
The Latter Subject Passed Over
Until the January Session.
Improvement Of Water Routes Urged
OIL Congress.
Tho Thanks Of tho Convention Ton0crcd
Cbicago for lfor Hospitality. =


IT. u.t.,:1. ;.
GGlclSo lUr HUI u0Spltalltys
-
......
The National Board of Trade met On Saturday
at 10, pursuant to adjournment. President Fraley
In tho chair.
Prayer BY tho Rev. Laird Collier
Tho CHAR reported TINT tue Executive Cour-
Gil had uuanlna ot'sly eccctca Charles 1lhftolph
Secretary and Treasurer, anu designated Baltl-
moro Us tue next place OF meeting.
Iho last recommendation was agreed to.
TIE DAMIEN bH1P-oAHAh.
Tho Exccutlro conn"il submitted the foAow-
Ing, which catae from the Boston board OF
Trade: ....-.-.
t. lhe nos.s @ ~ tne VhMta haases arc a.
.1aon viii many porta Of Ii. world beyond tho
Equator, md an inicr-oceanic c:na through the
Ish1nus Of Dor!en Will bring tho Atlantic ports of tho
nnsod stato1 IN cloaer connection with those of TIC
raeS &c Gecn nan aIc tnao o. EUROPE oven WITH tue
ooH s~J ;no o"TS t tIn Niini nora ~ r,d ho-
roeoEuizss tho grcst comalcrc}u aud nationni mpor
tance of Tho Darlcu 0ani, as surveyed and projected
ihy Commander galfrdgs, Of tho uuitel stutcs Navy
n.'d commend this great cnterprlao 70 tho favorable
consideration Of sho people Of tho United sfntcs.
1lo1teuT1oS TO MEET IN TIE NATIONAL CAPITAL
1lr. Stone, Of Wilmington, offered tho follow
e ~ "'''S'4 "''' '0>0e''' 0'D'''
Gu; .......
a Tnnt & hereafter nc eanqal meetings q thts
IL tho nnnth " of f nnarn m en' oy " T. o
Mt. uoro sa'a II the boara was 60 exofctso
any influence On Congress IL shonld moet by the
middle Of December.
Mr.. Stone modified Ills resolution accordingly
NJ 1rnfrn,,,, s,,1roato +hnt t,,o. ,,oot =, na1.
.;,aa.o ~ .''a "aae,'a srsas,,a.. Ivy ~ nooaas
1moto on IAs socona Iaesuay OF Oecenoer
since they would De near Congress, and II neces-
sary, could 60 over and see them.
Ruled out of order,
-. HO.-. 80 ot f4N"son
was taken up anu MIR. Nousae' OF Boston, said
ho would reply to some OF tho remarks made tho
day before. It was common tal!acy to talk Of
<,ola 1n,,ut n,vava f,ow from dohfor ~ crofitor
goio iAoat a,"ass ~" 11oin aoo'o, W o,ou1sot'
~ was nlssaAe' america iaaa always ooen
debtor country in relation to Europe. No mat
horo. That yas rcgulaied by exchange. In q
-" "esAe "a.'o ,a ' - 49, NO., '.aa 'no ses
o. commouasles 1no"eus IL uau cone In llom
panic. To use tue low rates Of exchange, Euro
naans sont over their pold to buy it, mud thus
r rsa..aa 49, s1,;nn,onts - oro;,, rhars
e1"'1eu oat s"'p'4eus' st"'a' .Ao'o
Hs @ saus o sxsnss na Spss Of
and imuorta, Since 1864 much OF orr exports
1,a a's,, Govt ,1rood +, 1o,a. ,na ,,,;o,,t
u"u osoA seu' 49, - W. nsa' su.
tinue 10 Do II consaeoee continued taeFe. Two
things only were ncceHsary,-a feeling Of &C.
c,lrity III Europe aud tho prompt payment OF
;ntarc.t. flur on}v thouc],t sbonld h. con1a ira
nroat an,v oun,or i,,at monar ~ sn fos,s n.y. - h"a
ploA'a"'s otap.os '1A' u'onos' oo lux 10 ~ i','o
been dono. 1t lad been an advantage to the
country, not merely from tho uso of the money
bnt tho DEVELOPMENT of tho country. Even hasty
dovo,ann,o,,t. n,;ant ~ tho ,or,, r,,,, In roo;
e.u Aopo. 'h-s - NV .y6 A ~ suea
Stu, tI'o aBg' oSate OF tnat aens was 1risht1ul,
md tho interest vas s150,000.000 in gold. Looli-
ing at the future oil ao-callcd creditor countries
ha,1 bccn mt m ccution na m whnt hnoricnn
"s.,s;.:a ~ 49, w. ",'a'1, ,,s' ~ s...
s.'t",s seua..',s' 10y suou'a Das m"us o, no"