Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-06-18
NATIONAL BOARD OF TRADE.
Reception by the MasOns-Bunksr Hill
CeIebraGiOn-specie Payments
hates of Postage.

PHILADELPHIA, June 1.-THE mem
| bers OF the National board Of trade this
morning proceeded in body to the Ma.
sonic temple, where they were received
by Grand Tyler Sir Harrison G. Clarke,
who escorted them through the build
ing. The regular proceedings were
opened at ten o'clock. MIR. Holden, oil
Milwaukee rose to question of privi.
lege. He stated that thirty-two years
ago to-day he had the privilege Of being
in Boston, where he witnessed the ami.
versary Of the battle Of Bunker Hill.
The speakers heart was with the ceIe-
bration in Boston to-day, ami therefore
he offered the following sentiment:
"Tbe national board of trade, in session
| at Philadelphia, in consideration of
questions relating to the commercial
and industrial interests of our common
country, begs to offer to Boston, to
Massachusetts, and to the nation at
large, its expression of patriotic fervor,
its love and devotion to the national
life, and its earnest hope that the liber-
ties which the blood of Bunker Hill
helped to establish may never be
abridged" Carried unanimously.
Mr.. Henry reported a resolution that
the national board of trade memorialize
congress to restore the law regulating
rates Of postage to its former statutes.
Adopted.
Mr.. Strsnahan moved to reconsider
the vote by which the subject of specie
payment was postponed yesterday,
which was carried, and Mr.. Windsor, of
Philadelphia, offered the following:
ReSOlUed, That the present time, when
the commercial indebtedness is small,
prices Of commodities low, and curren-
cy so excessive that large amounts Of it
are lying idle, presents a favorable op-
p)rtunity for the institution of measures
to restore specie payments.
Resolved, That such payment cannot
be restored and maintalne so long as
paper currency exists which can be used
in legal payments instead of specie.
ReSOtUed, That this National board Of
trade therefore prays congress to with
draw from circulation and cancel the
United States legal-tender notes, by in
stituting measures for that purpose at its
next meeting.
Mr.. Holden offered the following
amendment:
RESOLVED, That the National board OF
trade expresses its sense of satisfaction
that congress has fixed day for the re-
sumption Of specie payment, but that it
cannot withhold its expression Of con-
Germ that no well considered plans have
been adopted for the execution of the
measure, and begs Of congress to place
ct the earliest possible moment means
in the hands of the department OF the
treasury for providing resuming at the
time mentioned.
This resolution caused some discus
sion, and finally was offered by its auth
or as substitute for Windsor's resolu-
ton. The previous question on the reso.
lutiOns was then called and resulted in
bringing it before the board.
A motion to lay on the table was lost,
and the question on the adoption of the
resolution was then taken and resulted
in yeas 81, nays S. Recess.
At two o'clock the members of the
convention took carriages and were
driven through the park to the centen-
nial buildings, which they inspected
thoroughly, after which they were taken
to Belmont mansion, where banquet
was partaken of.