The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-01-17
NiTlONAL DOlRD or TRADE.
The Commercial Men Of the
Country Demand Increased Fa-
cilities for Transportation.
Financial and Revenue
Law DiscusSiO


The National Board OF Trade reassemoied Mt
Rialto Hall.
communication from the New York Produce
Exchange was received, enclosing the report SUBJ
mitted yesterday. The communication OF william
+. rogers, OF New York, covering q plan Tor the
collection or the duties on our imports, with
drat OF DILL for carrying out the writer's views,
was referred to the Executive Council; also
communication from the City Treasurer OF VIII
mlngton.
letter was read from the Secretary OF the
Dominion Board of Trade announcing the post
ponement OF the annual meeting until Tuesday,
February "a.
President Fraley appointed Mr.. McLaren, OF
milwaukee,, chairman Oh deicgat on 10 pe selected
hereafter, TO attend that meeting.
The Executive Council, to whom was referred
the matter OF the distractions the mouth Of the
Detroit River, reported the following preamble and
resolution. which were adopted
Whereas there exist at the mouth of the Detroit River
SHOALS ana ocks many OF them being n the direct road
serious distractions and in very sreas many instances
great Loss and whereas some Of these obsrue ons lie
II rs believed that the of valuable property in
the navigation is not exceeded il eanaIied by
ina. passfns through amy oshcr outlet in the world;
Esso,yed, That the Executive Council be instructed
ask lis innediase attenoa to The prompt removal Of
these INSTRUCTIONS where they exist
Mr.. NAzRo OF Boston, moved that the rules be
suspended and subject 70 on the Oficial pro-
granme the Darlen Shp Canal-be taken up.
the rules were suspended, and Mr.. Nazro read .
lengthy communication from Commander Self
ridge, OF the United states Navy, on the subject
The following was then adopted without de-
BATE
Resolved That the National Board of Trade hereby
nj ba e Tt ana ana natoaa
Conmanaer seiridge, of the United states Navy, and
the Sscp s to ST. svoaoe c0nd
On motion OF Mr.. BONNER, OF ST. Louis, the Pres
ident appointed a committee OF nve, TO wnom was
Indian Ierritory-with leave to report at their
pleasure
Mr. GRosvENoR, Of st. Louis submitted the re-
port OIL the Committee on Transportation, to whom
was referred SUBJECTS o. 9 and OF the official pro
gramme
Mr.. CROKER, of Boston, said the whole question
OF transportation was involved IN one WORD, COM
petition. We want competition from Portland to
the Gulf OF Mexico. Beueve IL, the time is not far
distant when the railroads Will do the trdnspOrta.
ton business Of the country because they DO it SO
much quicker and he thought the railroads yet IN
their infancy.
After urther debate by MIR. Hustled OF New
York; Mr.. McLaren, oil Milwaukee, and others, Mr.
TAYLOR, OF CncinnaJl, moved the adoption OF the
first four resolutions OF the report OF The Commit
tee on Transportation.
The resolutions named were then adopted and
are as 1OllOWs:-
transporting grain III bulk should III all deliver the
IS hat c a@ sSS aha n'
would appealed 10 This principle it IS proper
pass laws compelling its Observance thereby iacatng
nxpeden ior CONGRESS at the pres
sn % my 81 q % ahe
tatlon., .,.-.,
sble e the power which gave them existence and may
arbitrary powers; nevertheless experience has shown
to11ihat the Practical work of transportation being
IAN al
freight lines frequently great abuses and 70 an
portation that raiiroads should either assume the
oSe the OF f nes
may undertake it,
me nrth resolution in reference to the charter.
ing by the general government OF any railway
between the West and the seabOard, under proper
restrictions whenever private capital may under
take its CONSTRUCTION, was next discussed.
Mr.. STEVENS, OF New York, spoke IN favor Of its
adoption.
Mr.. ABLE, OF st. Louis, opposed it. He did not
think it advisable to put the control OF railroads or
any private affairs IN the hands OF the general
MIR. BRYsoN. OF st. Louis, claimed that the resolu-
ton advocated granting the general government
no more powers than 1T already possessed, and
quoted Supreme Court decision that as Congress
had right to regulate commerce, 1t had right to
regulate the means OF commerce.
MI. VAN HORN, OF Kansas City, opposed the res
olution. He did not think it came within the
province OF this body, which was an advisory one,
to discuss this question: which he considered
ment
Mr.. GRosvENoR, OF ST. Louis, did not believe that
double track freight railway or any other railway
under the patronage OF the general government,
but would not oppose the resolution, because he
believed the government had o perfect right to
grant to individuals the privilege OF building rail-
roads, II the latter chose SO to invest their capital.
He believed the only remedy for deficient
transportation between the East and West must
be found in the Improvement OF the natural water
system as means Of transportation, compared
with railroads had proved failure, because the
eanais w hoS ISaci. suMcleut hummer OF points,
and said that the Erie Canal had carried no. 900
less tons in 1872 than in 1862
Messrs. Wetherell and windsor, OF Philadelphia;
Townsend, Of New York, and McLaren, OF Mlwau-
kee, also took part in the discussion, at the con.
clusion OF which Mr. Van Horns motion wat the
The following. the sixth and last resolution was
then adopted without debate.
Resolved That the Exec Council instructed TO
several states the recommendations respecting State
mere"ver to nr@s tSe sever, cin % ana
different cities to their influence the adop
GATED Sa ana OF the PRINCIPLES herein snun
Mr.. GRUBD, OF Philadelphia, submitted the report
was adopted. It embodied the arst resolution Of
the Boston Board OF Trade bearing on this subject
and adopted by the National Board Of Trade on
wednesday last and, IN addition. the fOlOwing:-
Resolved, That these evils so great arc exert
ing so destructive influence the morals OF trade
the Country consider What moS ii
tqas sae a s E Sy
resolutions to Congress in the of the National
Board OF Trade and take such other may
retormatory legislation. III
On motion of MIR. MRrssNER, OF New York, the
rules were suspended, and he introduced pream-
BILE ana resolution, which were adopted, IN REFER
ence to bills OF ladlng. They claimed that up to
the present time there had been no system Of lssu
ing bills OF lading. and that there was no &C.
curity for the holders OF bills and that the National
Board OF Trade should memorabilia Congress and
the state legislatures to enact such laws and reg
on mou0n OF Mr. BONNER, Of St. Louis, the report
OF the special committee, to whom was referred
the subject OF the reorganization OF the Indian
Territory was read, and after some DEBATE by Mr..
Bonner, who read letter, Colonel Il. c. BoudinOJ
Marsh, OF Kansas City, and Mr.. Grub, OF Philadel
pha, the Following resolution was adopted
Resolved, That Congress and hereby respectfully
memoralized to establish without delay territorial
government over the country known the Indian
Territory, bringing the people thereof under the
and Jurisdiction Of the United States such equ
table basis will secure - =
F,.A homestead to the head of each Indian family,
the title to which cannot be aenated for designated