The New York herald., 1874-12-18
CHAMBER OF COMMERCE.
THE PROPOSED AMENDMENTS TO THE ARBrrRA
TIoN ACT-THE QUESTION OF SELLING TIL

THE PROPOSED AMENDMENTS TO THE ARBrrRA-
TIoN ACT-THE QUESTION OF SELLING THE
LATERAL CANALS Considered.
An adjourned meeting OF the Chamber Of Com
merce was held yesterday ut the chamber to
receive report from the special committee on
amendments to the Arbitration act, and also .
report from the special committee on railway and
canal legislation
The President, Mr.. W. E. Dodge, called the
Chamber to order, and requested MIR. Shepherd
chairman OF the special committee on amend.
ments to the Arbitration act to state the scope
OF the proposed amendments.
Mr.. Elliott T. Shepherd said that the principal
feature OF these amendments was the allow.
ance OF an appeal to the courts OF appeal from
the Judgment OF the arbitrator. 1t was clause
that had been put into those proposed amend
ments at the earnest request OF the arbitrator
Judge Fancher). II had been suggested that
there should be no power OF appeal for a less sum
than 81, 600, and that sum had been agreed upon.
The committee also recommend the restoration
OF the expenses Of this Court TO the
original proposition which the Chamber
OF Commerce pledged itself to-namely. pro-
viding room convenient for the pur-
pose, fuel and light, at its own expense. The
amendments now propose that there shall be
salary nxed for the arbitrator and for the clerk,
and that these salaries should be paid by the county
Of New York. New York, said Mr.. Shepherd, is the
commercial centre OF the country, and there was
no reason that the cost OF the arbitrator should
be put upon the Chamber. q Chamber that had
done so much all eady for the commerce OF the
country The only other feature IN the amend
ments iS proposal iOr fixing small fees Tor the
performance OF work that was absolutely neces.
sary for tue purposes OF arbitration. 1t was also
man use 81 s
Der. The clerk Is engaged in taking acknowledg.
menrs and the arbitrator Is already allowed q lee.
These fees are Insignificant In amount, but they
are perfectly proper charge.
the memorial Of the Chamber praying for the
adoption OF these amendments was then read, and
the following memorial was adopted
THE MEMORIAL.
To THE HONORABLE rnK GOVERNOR AND rHS LxCIsLAruRx
oy NKw YoRx, III SENATE AND AssEsnLY cosvxsKD:-.
The Of 0s hs 0eamss S Of the
ralsts respectfully represent TO honorable body
na s s @ @itss9ss
nns oScs
@ :ssi:
s asy s
xSisS ;l ,SfshsT DsIsss; make
,ydsS into nsys s;sSs with The worS
Ieysisn and q this ArbitTasion and me
mony Win nth the new revision Your S there
law. and thsy will ever pray. SPECIAL COMMITTEES.
TERMINAL FACILITIES.
Mr. BuGTles, chairman OF the Committee on
Terminal Facilities, reported the articles Tor the
organlx0Son OF q conference Of certain trades
represented by the members OF the Chamber and
asked tnat they should be approved. IL was pro-
posed Mr.. Ruggles said, tnat this conlererfco
shouldwait upon the Governor elect at once, inas-
much as he was preparing his Message, ana urge
| upon him the Recommendation OF selling the lat
eraLcanals canals which, he said, had been .griev-
ous burden TO the state. There was . strong
! wish expressed In she western part OF tne state
| tnat the tolls may be reduced Sufficiently to pay
| the expenses OF the necessary repairs ana for
the due improvement OF the canals. THIS would
include o small toll upon the canals, and the con-
| f.renoe would ask the Governor elect to act de.
| risvely. Mr.. Rugglos concluded by'proposing that
the name OF Nr. y b. Bahcock be substituted for
the name OF Mr.. Low, who desired TO resign. Mr..
| Rugglea' propositions were unanimously adopted
II and the CHAMBER adjourned. ~