The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-28
NATIONAL BOARD OF TRADE.
Opening of the Eighth Annual
Meeting Yesterday.
Large Attendance of Delegates and
Foreign Visitors.
PROGRAMME FOR TO-DAY.

Trade opened yesterday twelve O'Clock at the Union
League Theatre, Twenty sixth street and Madison
avenue. There were nny gentlemen present The
names Of these delegates and the organizations they
represent are Observation-Disclosures Board OF Trade,
William s. Young and Israel N. rarr;. Baltimore Corn
aud Flour Undergraduates d. Fisher, Il. b. Bayard
and George H. Baer Boston Board OF Trade--Joscph
!. Ropes, John W. Chandler, benjamin }.
Nourse and Jerome Jones; Chicago Board Of
Trade-Georgc NJ. Howe John r. Bensiey,
George i. Rumsey, l.. II. Lincoln, A. y. Young.
h. G. Raney, Z. q. Cooley, I. T. Quincy; Cincinnati
Chamber OF Commerce-D +. Covington Benjamin. Ec-
ceston, Samuel Frank Solomon Lcvi Detroit Board
OF Trade. ID. Hayes; Kansas City Board OF Trade
X G. Crowell; Milwaukee Chamber OF Commerce
W. +. McIaren, Charles Ray, David Vance and
John X. Goodcrch; Newark Board OF Trade-E. l..
Joy, Phineas Jones; New Haven Chamber of Com
merce-J 7. Sergeant 4. s Wheeler; New York
Board of Trade-Gcorge Opdykc, William orion, T. W.
c Clarke; New York Chamber OF Commc rcc-samucl
Il. Babcock, William F. Dodge J. s. 7. stranahan S.
X. Chittenden; New York Cheap Transp ration
John +. Henry, Charles Watrous, i. A.
Couplin: Importers and Groccrs' Board OF
Tradc-George W. Lane and D. ~ Turnurc; New York
Produce Exchange-Frankn Edison, Charles Speir, L.
J. n Stark Ed Hincken, J. H. Hcrrick. John IL Boyn-
ton i. H. Parker, James McGec, Theodore j. Hustled.
Louis Roberts, Philadelphia Board OF Tradc-Frcdcrick
Fraley, Henry winson, j. T. wcthcri Clayton Finch,
Joseph G. Grub. George !. Busby Philadelphia Com
mercial Exchange-Gcorge W. Macrcs, q. J. Holman,
Nathan Brooke, j. O. McHcnry; Portland Board OF
Trade-T Z. Hcrsey, A. X. ShertcliT; Providence
Board Of Trade-Jamcs NJ. kimblc, H. Z. Taft, n. W.
Aldridge; Scranton Board OF Trade--J. @ Price; ST
Louis Board Of Trade-Edward Vernon, James A. Short;
Buffalo Board OF Trade--E. T. DOR, Frank A. Sears:
bridgeport Board Of Trade-Davd NJ Read, Morris w
Seymour; Dubuque Board ofTrade-I. d. Randall, John
l. Hancock Besides these there were also present by
invitation delegates from several foreign commercial
bodies From the Association of the Chambers OF Com
merce OF the United Kingdom of Great Britain and Ire
land-I Lowthian Bell n. r.; Henry Mitchell, Brad.
ford Chamber OF Commerce. L. w. Balm, OF Chamber
Of Commerce Of Worcester, England; A. C.
Twcniyman, Of Chamber OF Northampton, England;
Frank Wright, OF Birmingham, England. John s
Adm, OF the Belfast Board of Trade H. s. Mckenzie Of
Falmouth. From the Trade and Industrial Diet OF the
Archduchy OF Austria, Edward Konilz merchant, OF
Vienna; Francis Noble Werthein, manufacturer, OF
Vienna, ana Franz Wilhelm President Of tho Austro-
Hungarian Export Society. NJ Chatc represented the
hoard OF Trade OF Lyons, France. Colonel +. H. Rich,
OF the Royal Engineers and Inspector Of Railways Of
British Board OF Trade, also present.
The chair taken by tho President, Frederick
Fracy, Of Philadelphia and he introduced Row Dr.
Armitage, who opened the proceedings with prayer
the presentation OF number Of credentials from diff
erent bodies Mr.. Franklin Edison, OF the Produce Ex-
change, made
ADDRESS WELCOME
TO the delegates. He said -
HoNoRED GuEsrs-In tho unavoidable detention at
Albany OF His Excelloncy the Governor and the alb
sence in distant city Of His Honor the Mayor, the
pleasing duty OF welcoming you to our city dcvolycs
upon me, as discovered last night therefore on
behalf VI our commercial associations, bid you
hearty welcome.
We those who are our honored guests the rep-
reseutaiives OF the commerce OF other nations
ievc that these are not mere empty words but that
this welcome springs from the hearts OF loyal
American citizens Tho wheels of commerce move
more heavily with manufacturers idle and the
reward OF the husbandman Is lin dollars ccrs) less
abundant than in years recently passed Yet notwith-
standing all this, welcome you to peaceful homes
and pleasant nresdcs with st plenty and TO spare IN
our fathers house. We welcome you as citizens
oi Commonwealth whose resources bound
less and whose industries and commerce
have already In the rst century OF national existence
developed 10 colossal proportions. nations finances
must be made to rest upon the solid basis rcprcsen
iaiive value ana the prosperity OF people, like that
OF m Individual. comes but as
THE REWARD glGurYuL LABOR
put forth for rightlu ends
10 brethren Of the Dominion of Canada we extend
most cordial greeting We think you arc aware
constituent bodies, formal request has gone that
our government shall take such steps shall bring
about speedy restoration or the Reciprocity Treaty
upon truly reciprocal basis Aside from this cues
ton. however, there are many subjects in which we
have common interest and on which shall value
your counses.
To those gentlemen who come to us as repre-. cnta-
tes OF the TRADE and commerce OF nations beyond the
sea we give thrice hearty welcome We trust tho
time Is not far distant when they shall meet regularly
with us IN our counsels and bring with them rcprc-
senscd hers soda When shall The fS
OF nations which Is nohly represented
today IN the .Ciy OF Brothcrly Loyc'--the city OF
our President, and which Is due so largely his own
personal effort and 10 those of his delegates
be raadc 10 bring perennial rutage. In conclusion,
gentlemen allow Inc TO say, ON behalf OF coai-
mercial association, that II will be source OF great
qualification 10 them II they shall succeed in making
tins visit 10 our city one oil pleasant memory to your
selves as well as the occasion Of benefit TO those whom
yon represent.
President Fraley replied briefly in response He
thanked tue commercial bodies OF New York for the
cordial feeling extended, and could thcm that
lie sentiments OF Kindness and good feeling were
thoroughly appreciated and returned. OF
THs COMMERCIAL PROMINENCE OF NEW YORK
he felt proud, II the city Of merchants all
America was Philadelphia city OF manu- iacturcs
lie looked upon these gatherings as provocative or
great good to tho commercial interests OF the country
mingling together and having an interchange OF
opinions from all parts Of the country. He concluded
b. hoping that what delegates from tar cities would
see here would stimulate the growth OF their own
c.ues.
Tue Secretary, Charles Randolph, of Chicago, then
REPORT OF THE rxkcurlvE COUNCIL.
II stated that the council had held or meet
Philadelphia number OF important matters In
which they were interested were acted upon in
Congress though they were treated with the greatest
respect Little progress lad been made tho imam
cxi question they considered useless tho time
make any effort 10 the adoption OF more ell
Gent measures 70 secure the execution OF tho Icsump.
lion act
The subject of international unity OF weights and
measures and OF amending tho postal laws pre-
scented to Congress. The matter OF reciprocity with
Canada was introduced but did not receive favorable
consideration.
AZ the close OF the reading IL was announced that
Peter Cooper present and he invited 10 take a
the platform. Tho meeting then proceeded to
the
for tho ensuing year, with the following resut:--Mr
frederick ffxicy, OF Philadelphia, was unanimously
s3oceed President; Mr.. Charles Randolph CT Chicago
Secretary: Mr. George Wilson. OF New York Chamber
81 Commerce, and Mr. n. r. Swords of Newark were
piccted Associate Secretaries.
The following gentlemen were elected Vice Presi-
fcnts:R. b. Bayard, OF Baltimore; d. Fiovington OF
Cincinnati; w. T. Mci.arcn, OF Milwaukee: r. J.. JOY
81 Newark; j. s. T. Stranahan. fthe New York Cham
Der OF Commerce. Franklin Edison, 81 the New York
Produce Exchange. ). D.. hayes. OF Detroit; Z. J.