The New York herald., 1876-07-01
NATIONAL BOARD OF TRADE
The Closing Session at the Union
League Theatre Yesterday.
Bills OF Lading. Storage Receipts and
FsiIroad Transportation.
IMPORTANT RESOLUTIONS ADOPTED.

Ir ffalfy tie ChtH. TIC proceedings ofrncd
punc,uail, al the hour. hut the attendance
smaller than previous cays The New. Mr. Tiffany
offered prayer on The opening OF the meeting The
hr.t brsnc~s the adoption OF Tho following pre-
snhle and resolution tho postal service. Submitted
BY the Besrd Trade o. Chcsgo;-
Where's. shs prs@s as.,y q the ms.l' IN al part. Of
,as .s.ess, a.s ., az The Sa.,n.s. and -.
eiai rsl~lisas q shs psps sns .hss. ne ,sesns i'm
rsiin II issi ~ ass "a rssses set paints
.,.~,srr rssais. ans 10 ss.nasnmsas .oala be great
esA Al. ths essinsss iHs.rests Of eoa"'ry there
ne.alsed rs. she National B..ri " TRADE speaking In
srsss III psss'as :, .- sks mean. u e@a,iasiax The
speei. isss a. .sr,os On az .ss. ssrs ,ss s.ms . no.
Of sGs asm.nd and - be adopted a. reason
Mr. ASpxx~ RorNsr-oS OF ottawa. Canada chair
man Of the Dominion Board of Trade. then addressed
the meeting lie regretted that his delegation had TO
leave, but they had engagements AZ fhiisdephia
which they we're obliged 20 keep lie thanked the
gentlemen OF New YORK, the part Of himself and
colleagues, for their knaness and courtesy, and IN
vi,ed them any time they ie inclined to
come where they would be certain 10 receive hearty
welcom..
Mr. BAi>s. Of New York. then offered vote Of
thanks Peter Cooper tor printed statements fur
nished TO tho Convention, which was nanimousiy
adopted
Mr. Rumsry of Chicsro. then requested leave to
hand to the secretary some papers bearing upon the
postal service whi.h granted. These papers were
a monthly report OF mails distributed In New York
and Chicago By last mail rams
Mr. BAixk then offered the following resolution sub
mittcd by the Board OF Trade Of New YORK. which
was ost;-
Resolved T., IN the oplnea Of mi. Board .hs i..e,f.
of trades unions With The system Of srpr-nieeship
the active competition st tosessn nanaiaesusefs
Hes. and the issoea.sd attention sisea sy gov
,sdrs render rsr,An, 70 ear n.,on. progress ,hs,
and science school. 10 all the states Of shc rnoe ~hers
instruction may Improve and create skilled labor
The following resolutions. submitted BY the Corn and
Flour Exchange OF BALTIMORE we're then read hy the
secretary
ciai ,r.nssc,on. ,hs hoard Of Trad.
disability aud transfer laens.
hsssq and r. Ssns aa
dealing. win the oi WIN Essa; e. ss,s,sa
the subjsctbsre.oiors under ss sss-vs -
from one 10 srm. hat The
said abuses lies within shs scope and province Of
conferred by The eonssts,on: ,hs, shs du,y Of Con-
s a:%:ss s.s x s"s
Congress by the Executive Council
Mr. n Il. BAvAKD, OF baltimore, spoke in favor Of
these resolutions
Nj. j. ID. HAYES. OF Detroit, said that the
PRESENT RALRoAD SYSTEM WAS PRNrosrgRous.
and what was wanted was department OF commerce
to reform n these abuses and that railway clearing
house system should be established Tor the regulation
Mr. CovixaroS, Of Ohio said that bills OF iadng
should DO sacred and carriers should DO punished for
| issuing bills Of ladng not on board.
| Mr. NoLAx then offered the following preamble and
resolutions, submitted by the Cheap Iransporiatou
Association OF New York, VIII ch adopted also
n resolution akin TO them submitted BY The Board VI
Trado Of Philadelphia
Where's. the application Of steam to the psrps., q
has to F,es. extent in the Of 81. es
roads which are entirely under private and
M %e rd po''s1 Which sna "a. %
tar in Of that OF the OF She United
exercised equitsbly or impa.tisiy: therefore
That %he he "aI ~hs ". sa
suffering perhaps inscparabc from rcvciu
emerging It's transition and sssuminr iss
that It's rights and duties such should be
defined and the intimate rea.ans which exist the
equ'tably and pcrmanentiy adjusted
the nalienabs right, and Attributes Of .assrsa,y ssss
s to ,Ss, %s the he s Of
principal lines of transportation :" the pub
or .s. OF men without pr.pe, and regsston IN
hr the % .ns srs Os $ Ss
system Of ca. an be isssa the ue
wn.s prsven,sd and Certain ssnr,si nss dne,ndng
nr :ne Unit State. ''a
Resolved Ths. the frs. step in the ISOLATION Of this
should be the requirement of ul
nation upon which be just principles srton
'ors both state and Sscna the S1osds %
the computation Of statistic. and information by men Of
The Phsdsph Trade suggests the propre,v Of
y ada sf od be o two
cnsa an o % be S Be - %
shippers OF similar gocrs in similar amounts
The following resolutions, submitted by the Board Of
| Trade and Produce Exchange OF New York, we're
offered and passed without discussion:-
Resolved That this Board commend :. the consideration
undcation OF tho laws VI all the states relating
Whereas experience of than twenty years in the
Western cities has demonstrated that system OF baking
and expeditions Of handling crops
cereals ana whereas. tho same general plan has ben
adopted the seaport cities and opera
Resolved That the best interests the producers. er
ehnn,s and exporters OF gram require ane adoption OF uni
Resved That five commissioners be appointed by the
OF the National Board Of Trade Tor the purpose
out the views expressed in the foregoing preamble
Mr. NouRsE offered a long report amendments 10
the first section vi the constitution IN reference the
formation OF the Executive Council winch referred
TO the next meeting Of The National Board at Mil
Mr. Buzny, of Philadelphia, then offered the follow.
| THE BANKRUPT LAW
of the United States submitted by the Board of Trade
| Of Philadelphia
sruced to its Influence with Congress The
United states approved March i isS7 and tie supple
mens thersun 20 as to REQUIRE that all adsmen nose.
oijudgment other lieu against personal procry. should
Wherein tue debtor resides S he a oss by
principal business, least tour months prior
ing of any petition in bankruptcy. arains. him
ns contemplate the ,hy nth section ssid haas
Act and the supplements thereto" and IN deaut OF
record the debt security there
have no iien priority. preference precedence
other ciam IN bankruptcy. And mrtacr to
all aud other liens
preference should take eject from date of
execution before taxing o
claims in bankruptcy. Aud still farther such ler
sstion will make tho exemptions IN favor of
throughout tue by
laws the different states
| enptions In favor Of nsolyent debtors.
Mr.. J. A. rRIcn. of Scranton, offered the following