Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-06-17
NASHVILLE TENN. THURSDAY JUNE IL 1876.
PHILADELPHIA.
Proceedings of National Board
of Trade.
A Large Amount of Business
VariOusIy Disposed of.

/ PHILADELPHIA, June 16.-The Presi-
/ dent called the Board TO order at 10 A. N
and stated that at a meeting of the execu-
| tive council last night Chas. Randolph was
unanimously elected secretary and treasu-
rer of the National Board.
The res OlutiOn memorializing Congress
| to establish a Bureau of Internal Improve
ment analogous to the coast survey, to
make preliminary surveys and suggest a
| comprehensive and thorough system Of
| Improvements was taken up. The body
adjourned yesterday pending the following
substitute:
s'That internal Improvements, made by
the Government, should be strictly ma
tiOnal in their character and not otherwise,
and be made in the order of their i'm
portance to the people of the Union"
Bayard, of Baltimore, moved recOnsid-
Grafton of the vote by which the substitute
was placed on IFS final passage. After dis
cussiOn he withdrew his motion, and
moved the substitute be laid on the table
Agreed to.
The subject of the improvement Of the
Mississippi river was indefinitely postponed
after Mr.. COVingtOn, of Cincinnati, said he
thought the Federal Government had no
more to do with the levees Of Mississippi
than with the Jersey flats.
The subject of a reduction and uniform
ity in postal rates was referred to a special
committee consisting of Henry, Of New
York; HaltOn, Of Milwaukee, and Eggles-
ton, Of Cincinnati.
The fifth subject, fsvOring the establish
ment of postal telegraph, was referred to
the Committee on Postage Rates.
The sixth subject, uniformity in weights
and measures, was taken up, and the follow
ing resolutions adopted.
eReSOlved, that the government at Wash
ington be requested TO invite the govern
ments of Great Britain and Continental
Europe, to appoint commissioners to meet
in consultation with like commissioners,
to be appointed by the President Of the
United States.
"Resolved, that the antique way OF
measuring by cubics should, when practi
cable, be substituted by measure and by
weight
The seventh proposition, requesting
Congress to amend the shipping act Of
1872, and the fifteenth proposition Of the
United States steamboat law, were cOnsid-
cred tOgther, and it was resolved that Con-
gress be memorialized to pass an act ere
ating a commissioner to report a bill in
reference to the enactment of a general
shipping act and for other purposes.
A communication was received from
Barton Able, President Of the Merchants
Exchange Of st. Louis, stating that that
body would not withdraw from the Ma
tiOnal Board.
The subject of an amendment 10 the act
of 1851, relative to collisions on rivers,
was discussed and referred to the Executive
Committee.
Evils and abuses in the transportation
business was the next subject discussed.
On motion the subject Of bills of ladIng was
referred to a committee consisting Of Bay
ard, Welsinger and GrOvernoT, and the sub
jet of rates of transportation was referred
to a special committee.
A proposition was submitted by the
Board Of Trade Of Mobile that the National
Government shall open without delay IN
interrupted communication between the
Tennessee River
and the deep waters Of Mobile Bay.
Mr.. Price, of Mobile, advocated the prop
ositiOn in an address Of great length, in
which he urged that it was Of national i'm
pOrtance as much as for any local benefit.
This gentleman also offered a substitute for
the original resolution providing that in
stead Of the government experimenting or
paying for the proposed water course, the
Board Of Trade should declare for lis expe-
diency, the enterprise then to be conducted
By private capital.
Hays and Bayard opposed The whole pro-
ject as one in which the government should
not interfere. A motion by Bayard to in
definitely postpone the subject was agreed
to.
The next proposition was an amendment
to the national banking law, submitted by
the Board Of Trade of Chicago, and after
brief discussion the resolution was submit
ted to a vote and lost.
A proposition relative to the resumption
Of specie payments, submitted by the Phil
adelphia Board Of Trade, has been made
the special order for tomorrow.