The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-05-01

THE TOBACCO TRADE The RESULT OF THE
MEETING GESrERDAY.-A meeting OF the To-
bacco Trade Of this city was held yesterday,
u, the Tobacco Exchange, to consider the re-
port of the standing committee to whom was
referred o resolution of inquiry as to 'sWhat (f
any) action is necessary 10 be taken in order
to the proper conduct OF the warehouses Of
this city and to the reesta bllshment or its to-
bacco trade upon sound and healthy basis"
The Chair announced the object OF the meet
ing; after which, Mr. S. M. Bailey, from the
committee, proposed 10 modify the report,
and remarked that the amendments which
he proposed were in the Interest of the eX.
pOrtcrS and an argument in favor of free
warehouses.
Mr.. W. d. Gibson hoped the Exchange
would set their seal Of dl>approbatOn to the
report. He protested against II in the name
OF dvccucy and law. II was against peace
and harmony. He had no occasion for the
services OF a sampler, and was perfectly sat-
i>tied with The present inspectors. He pre-
scntcu q substitute for the committees re-
| port in the shape of Il series Of resolutions
| arquicsciuy in the late action Of the General
Assembly in allowing the tObacco.ir pcction
! laws 10 remain a they were, and asking lor
| the appointment OF Il special committee TO
| Investigate all charges Of false nesting and
packing, and if the plrllcS are found guilty
TO post tueir names conspicuOusly in the
| Exchange, and the members thereof to avoid
| future transactions with them, DC.
| Mr. Ficklin presented an amendment to
| the substitute which provides that any COM
mission merchant or seller Of tobacco can
employ sampler if he desires to do SO, but
| at his owR cost; that there shall be no dis
elimination in favor Of any tobacco offered
for sale on Change, and that those who de-
| sires TO avail themselves Of the law as it now
sands can do so.
Mr. Gibson SAID the amendment would be
! acceptable to him.
| Mr. Ellison urged harmony and delibera-
ton, bur he deemed it necessary that some
| action should DC taken in the matter.
Dir. Pcytun Wise, in replying TO the re-
| marks made by Dir. Gibson, said he (Mr. Glib
SOM bad denounced the report of the com.
mittce and their resolutions without giving
any reasons why the resolutions should not
be adopted. He could not see anything in
any Of the resolutions which violated any of
the laws OF Virginia. lie contended that the
merchants OF Richmond were losirg money
every day by reason Of the inetrcctiveness Of
the inspection laws. II sa crying evil, which
every one feels
tir. Bailey contcnded that the report was
only intended is an argument in favor of
free warehouses and the adoption OF the re-
solutions and that MIR. Gibson had not ad.
dressed himself to the resolutions.
Mr. james A. Scott said he was willing to
leave the subject where 1t then stood, and
thought that If the resolutions we're adopted
they would prove very oppressive lie
therefore moved to indefinitely postpone
the whole subject, and said if bis motion was
carried he would then move to abolish the
Tobacco Exchange and return to the old
system. [Applau.e.l He thought this legls-
lation on the subject Of tobacco would en-
danger the interests OF Richmond.
Mr.. Somclville rose aud seconded Mr..
SCOTS motion amid much enthusiasm and
excitement.
A vote being taken uiua U0ce the Chair
was unable to decide.
Mr.. Wise demanded the ayes and noes,
and being taken the motion to postpone was
agreed to-ayes, 85; noes, 80. s-.
Mr. T. D. Neal moved TO adjourn, but at
the instance of several members withdrew
the motioD.---------. ------. --
Dir. Scott then presented resolution pro-
yidiug that on and after the 18th of July
proximo the Tobacco Trade OF Richmond
Shall be dissolved, and that the old system of
selling tobacco at the warehouses aud at the
counting. rooms of the sellers be returned to.
Mr. Flcklin proposed modification of the
resolution. which was accepted.
Mr.. +. ID. Christian demanded the ayes
and noes on the resolution, and being taken
the meeting refused TO abolish the TX
change--ay es, AZ noes, G1. [ApplauSe.]
Mr.. Wise gave notlce that be would at
some future day offer modified form Of the
report.
MIR. Hill, Of Hill e. Skinker, presented
resolution providing that hereafter no gene
raj meeting Of the Trade shall be held for the
consideration of any business Except in case
of the death of membe) except on Mon
days, aud that notice Of such meeting shall
be conSpicuously posted in the Exchange at
least one week in advance Of such meeting.
Agreed to.
Adjourned. .. 3d.. s'.- r~-..