New-York tribune., 1876-06-29
LOCAL MISCELLANY. Z.
NATIONAL BOARD OF TRADE.

[
nEpCE-piscUSsIoS OF THE CUkHENCf'
Tho N,t;onsl BOARD Of Trade held its second
DAYS session in the Union League Iheater ye''eFuay'
h,,,ir, AZ 10 a IN Discussion held on two SUD
,actstJe expet;sncy Of establishing Satiuhai Do
partment OF Commerce. and the currency arse pa'
of the time for debate was taGen up Dy D. ~ ii"''
Detroit and ]. c. Grubb OF Phlodephla' Iho Ioi'0i "
whom read long paper the first topic ana the 'ao'
made an address OF hal. an hour tho subject OF the
national currency. The session closed at f-'ao ci'e"
and tho members OF the Board took sail apou' '"'
barhor Al the cests OF the New York commercial organ
izations.
After calling the Board 70 order, President Fraley III
troineed Mr. Robinson, chairman Of the dee&atioh rom
Canada and Mr.. Wright OF birmingham, England ch'r
man OF The delegation from the united Conmercisl ohS
hnrs of England and Ireland Both gentlemen made
brief congra natorI speeches. Mr. Nours'. CHAIRMAN Vi
tho Committee Credenais, reported hn' inc boston
Commercial Exchange had fused Win the BOSTON
Board " Trade and therefore no longer loinD
of the National Board, and also that sho liHhs'
BoNd OF Trade lad ceased to be MEMBER OH account Va
u. weakened condition j. r. Henry VI the New" iolA
Cheap Transpor tston Association read report Oh tae
delegation from the National Board OF Trade 70 te
Douinion BOARD OF Trade Of Canada, convened 10
January The report mentions the passage
by the Dominion Beard Of Trade OF rcsouuon 'J'"s
that the Canadian Government be meInoriaLzod 10 re-
soro the por dferentsl duty on tea an" c"D0e
IFuu 81
great Importance ia References to die rnaterof transport
,,cr and the enlargement Of canals, favorable To III
r,scd facilities FOR IN ernatioDal rac ana iesDutobs
10 ylerloriZ, tic Canadian Parliament 10 impose re
clproc.l duties" competitive inerchandse comlnS
into Canada from tho United states Tne report a.eo
calls attention to following resolution passed by tho
dominion Board OF Trade reIsyo 10 the discussion on
Canadian reciprocity which VIII occupy the attention oi
the Board before Its prcscn. session, close:
g,s,rcf That ,Ais BotI is VI LGo opinion that J. l3
very desirable that trcap Of f,ciPSciy h lIaHr 'n m
IN United S:.cs On com reH"hri' i'"rt ii ~. t
b4, shOuid obtained aud >.-o al opinion tE'. .bo
iraory steps thereto 0usss " os taken BY ine oie:n
0 t- Itntrd states seeing t'i ~ was Dy 'ne' ~
ton that the Old treaty Was ab-os1'cd
Air Nour,o pro,suted resolution nen'fiazins Con-
gress TO MAKE silver legal teEder Only Tor sums IeSs
Hau 50, and Mr. CoAklag offered RESOLUTION ln'unS
n. nation. " SOrth it south America to pe represented
IN Commercial re1. held IN tAis city June !, 1877,
10 40 in constituting an American international CON
ncrcc Both resolutions Ners approved anu referred 10
tho Executive Council ~ I've Board
Tae resolution subIs1to4 by the Executive Council
urging The Board to exert ~ inaacnce for the establish
mcni OF National Dors-tmcut Of Commerce was tatn
t<scn up j. D. HaJrs oi Detroit rcad ~ exhaustive
treatise on the extent growth. influence and needs Of
commerce. with TIE purpose of showing that Tho com
iarra inter % tC cDInry nave become 50 immense
tat they con Lo lcug,r lo oo.ei Icr br The Treasury
Department. ne urgst that tao lnanci!f business of
the country vas cnouZh 70, se,retHry "to"m"rce
should have . living hFff ana N"tf', tiifs TiNtu w
par; Of the C,rne, Council oi ia" nation. with Dc
p-rtront OF Commerce which the public can Sc!
information oit,g md Trustworthy IN roRH.d I"
rhc general %, the cou-try. and have far rep
rcscntatiOn % The scat % GOycgnmert.'
NJ. We,hcrcil OF Philadelphia, president Fraey, am
spoke IN favor OF the resolution, "lch was uh'h
mDU,ly Adopted
The srjcc. OF The National currency then brought
before hc Board ~ the following resolution ofrred by
tue Boston Boar! Of Traic:
R,,o'r., Tha, he National Board o. Trade rcahlrns
yIDtl1u that the ht1nci and indn-irJ piuririly ~
of an rri-euab." aHo d""frcited paper cGrIrncl Hno
td.t rnc only remedy 'lr -tI'inf so-'leM dl',re"'
a Just and .ound standard ~ ''in'- - .,.t... 800,
R,.oir'd, Aai in' present aitsaa,l3n OF business ahd
ssI-r.J.uiauc- o IllS tHps, 'il,A tir me n-'r-ab
r''uli> oi tu''."n 'NI r'i'' 't"h'', I''H- il 'i'
fam iATorau.' 1PpHftIniF Ia. replacing it'
M ,rf ri- .usfun t s large surplus 81: la.
teui, n,.o. winch cannot bs maintained 0u par 6h
Tli.,d d,y Lo ..Uer hc uacc,,arS atrp5 for
funding or 90. G's.,a -nil@ nd cano'i,rF tLrs'
par with coin.
). C. Grubp of Pal,jelph, occrraI tro Goor 'or sar
an hour ID giving hi- We've on fae uu'st'1 Re s1I H
,ut,ian,. tbat n te country Do Ge,-ud Upon coin
absolute as y so.r 80 could n"t m.iu-
isiu IL, credit for auzIr hour. 10 barter dollar of
coin fpr dol a Il Iir. 90 ios,ahurlea cl'ait tat
4i.,,li. doltc may r.tn-I'H Y'l-r o'aAt' i@ 't
what r,mm-rr, -s.s irr I.-surV."u .- 's. uofa 'i
tsIl'ai pioj. nv, 90, DI,.s- o! "rs's 10 i' t''
-,Ia iu.y An4uri'r 'uustr-srI wI.F TOO ,''ll.r
oi money ul ercsru-r. 'ni ter iu ot'.i.n VINO
must Ir, -Si-tI uis Ian. -d sui 'htu sH ut ihu 'n-
.ii,U.. LI. .ll 4.y'. TAI o. N.f ltt ifti Sc
.-. . ID 4u-t nr i'sgr' A. u's al '.. fl lr' r''rf,
-4 Tor i, tuuuat" Ilr ,uircs iIt over fu- uli-
.a-..'n aaul to-day, ana .Hr D'"'i ""''".Ae" a'" 10
AZ 80 tre ,trcs Winona took board thr excursion
p..F. AnI pr,r.t,,, ...u".a Il,. .A.. tuu t'i. D..
,t...r-a' lltrfs Point. v.... m.s r. 'Ir party tit-
srsr-ls,t ant s..;r4 f'H excavations beneath The
l,,,r: I.,p around t.r --te. upl. NrV-I.-, iIr
=. .,7-r. t.t Nl.t. L..F % ui It., ..N4. th. L per
~. o.lb.n q. r.ruoi's Island ANA sotusAlA 20 ,he
/ st.itI. < .0lnt.