New-York tribune., 1874-05-08

mlttce Cyrus w. Field, Samuel b. fuRBeS' anu h'opou
Bierwirth were appointed delegates 10 a'son' VI" '"o
,d,, .o,ohration u, the settlenent OF Iceland. on
Aug l. Tn, following resolutions were then presc"'oo
by Samuel y. Ruggles:
iResoiped That the Chamber OF Commerce OF NeW p'
with feelings OF deyout gratitude 70 AlinguJ .izens
congratulations 20 tNcr 1ellON
throughout the state and the United states on tnc
cent and signal defeat OF the pTpPos,u Pd od nave
paralyzcd and prevented the enlargement anu
meut OF the great water ways OF the oIr, ~ %
needed for preserving the vast and constantly growing
commerce Of iho state In this great delVetdnoo .lo
Chamber gladly recognizes the active anu Vo ~
operation it, feOw-laDOrcr, the Produce EAcldh VI
VIZ Cy ~ ~ The Hon Mr. Hayemay5r Mayor OF
the city. denOuneiug the measure as INJURIOUS III @ ts
high degree 70 The lasting interests ol th' so anu
Rcsoleef That while all tho members OF the Chamber
share alike IN the common anxiety 70 d9!eSt pr
position SO destructive and suicidal the oa1aogr az
large deems IL due TO justice aud TO history 20 express
its tlaus the Special Clmmiitee oI tDer Doiy e'n
the Chamber and A A. Low, John Tiylor lc1n-
ston Charles Dutlor Samuel ID. BlDcock aud SiilsOn
Cbittenden who personally atten i at Albany on the
argument OF the merits OF tn measure before the Joint
Canal Committee OF tle senate and Assembly, and who
largely Contributed, by taelr influence and weight OF
ch2actci % It's final defeat More especially Is 10 proper
to record the obligations OF the Chamber 10 tho non
VIM. NJ. Eyarts. lately chosen an honorary menoer gi
the Chamber, whose powerful, wise, anu inl5Yo.y W.
dres on nat occasion arrested ~ the downward
OF public opinion, which hid Deen Llsleu ny SIN
gular misapprehensons, aud whose litse an
ike yiew so eloquently expressed practically restored
TO tho councils of the state the manly ana whOesome
80 much the lasting welfare ald honor OF tue Ste;
the resoiutions were adopted, with an acknowiedg-
ment OF the services of Mr. Rugges himself. Jas. W.
Eyoll Chairman OF Committee No. D. made the follow
ing report
Your Committee No. 4 respectfully report that the
Arbaton act proposed BY tAj ChanOer hlS bjch
adopted with some amendments by tae L'GismttuIe'
and the Governor has appointed the Hon ElOch H.
Faucher Arbitrator under the provisions OF tie ac
ana he duly confirmed By the Senate By tHis ~
election "a CLERK OF arbitration devolyes upon tuls
Chamber who is to be- commissioned Dy the HJyefnOI,
Your Committee recommend for this posiuoa Gsyrg'
Wilson, the present efficient Secretary OF tue Cnao5I,
aud that election b. held this day. By ths dc te
salary OF the Arbitrator IS to be liked Oy inc CI.m
your Committee recommend thlr that subject, anu
also the subject OF rooms accumulation for the
sIttug3 Of Arbitrator and also the subject OF pro
out the act be referred TO the Executive Committee
with lull power to determine and proylae iot te SAM,
The Arbitration act seems TO have met WIN geherd
favor; the press nave referred 10 1t approYngy ana
from an sides expressions OF satisfaction nom the com
mercs classes Of nis port meet the eyes Oh your G CON %
Tue effort made IA 80 timely manner Dy ego
Chamber has been crowned with success anu pIdcu-
cal tribunal OF commerce eslaOllshcd'
Tais report was accepted, and resolution thanking
the legislature adopted. Samuel b. Ruggles then
presented elaborate pamphlet recently prepared by
him. containing tabular statements OF the agricultural
products o the States ana Territories from lo4O TO 1870
The pamphlet concludes with the following propositions
established by the tables and which, in the form OF
resolution. were adopted by the Chamber:
l. The agriculture of the American Union is the broad
and enduring basis OF lis national strength
2. its Agricultural population OF 5943fI In l7O hau
created and acquired property In Agricultural Teaila
valued at sll2i9j87l7, showing an average value OF
$1,s7s per mead, yielding net yearly income OF s5D} t
g. Every million added to tnat a2rleultnfai popuauoh
Will consequently add 10 the natIonai
The present yearly increase IN this population being
81 439 an additional million Will be gained oVery l1
g. These additional millions viii be urgently needed,
end can be readily supplied by Europe from tIne 10
time and from age to age TO enable te AN a HpYn nrn
to produce and export the VeRetaDe aui aiula plo p
ducts to feed and the cotton to clohe' tue large ana
steadily increasing population of Europe. ,
g. ne ten interior States of the Ohio River and
on the Upper Lakes and Upper Mississippi aud MISSOURI
weighing more than tweny-one millions OF tons ayor-
dupols by the close Of the present century, 20 years
hence, these states will pro0abyproduee ahhuAiy Iorty
T. It has now become matter OF vital interest, not
only 10 American Union but TO the common clvlZa-
ton aud welfare OF the world 10 improve To mo utmost
all the waterways. natural or artificial aordng cheap
transportation from the immense interior OF NORTH
America 10 tho Ocean.
NewYor, the member OF the Unlon specially In,
trusted by Divine Providence with the most efficient ana
available of these great waterWays Is oound Dy every
tened selfinerest seduously to foster and promote
every needed for tho speedy aud judeious Gu
o. Tae steady progress OF agriculture in oversprcad
ing tho American Union, from the Atlantic to the Pa
cihc, shown by the Tables, WIN the steps already
taken for improving the channels by land and water.
nsh moral ana historical element most important ana
instructive in tracing the evolution OF an Empire on
the North American Continent yet unequaled In the
history OF the human race In survey thus philoso,
phical and comprehensive, the necessary international
to Dc transported across the oceans should only be
stated in the actual money" In gold or silver, recog-
nized by the civilized world ana by our national Con-
stitutiOn.
TO- The many millions OF industrious and thrifty agri-
culturists who 10 play the primary part In this
great drama OF human progress, may properly ana right
fully claim, that the mmeuse fruits or thef toll shall be
valued only actual money In gold or silver and in no
rredeemablo paper currency OF any description lhe
six millions OF honest farmers now standing this
great continent well entitled to honest money for
honest labor"
The election Of officers for the ensuing year followed
aud resulted as follows:
Pesdenswiam E Dodge FirIi rtespre'dsns-SsorEe op-
Ss,0ad VtePresifntWillam VI. Yemlye. 4reIsuTer
Francis T. Latnrop Seds,1ry-George Wilson
EIecuiue COmHeSoon Humphreys Chairman; Samuel B. Rug
giles james N. Brown, william H. FOgg. Elliot c. Cowtu.
ChdirHds Of the Committee Of AT6ran0I-Leopod Berwirth.
Member Of ne Comrtiites-Joseph Stuart.
Finance CarTcfySamue D. Babcock, Chairman;
William Segman PieEpoaI Morgan Cyrus W. feIl Eluund W.
Cories.
Committee toretyp C0msres and the Revenue Ldps-Jsmes ".
Elwe Chairman Jonathan S1urge Charles H. Marshall William H.
GUdOr, Gustav schwsb
Committee Internal Trade and AprOvsmenJOhn Taylor John.
on, Chsman Morris Jesup Charles Butler, Alexander NJ.
White, Abram :. Hewitt
Committee on the Hrrjor Shpping-Paul Spororl Chair
mani W. Blunt, Bgsto T. Fabbr James T. sanahan,
James H. rockingham. -
Sp >dl COMMITTEE R,fOrr, L1rs-Jackson s.
Chairman; Joseph segman, James T. Stransha Samuel
d. Babcock Daniel G. Robbins George W. Lane Elliott Shepsri
schwb William H. Fogg jonathan sturge James H. Consa
bio, David Dows, William NJ. Fless