The New York herald., 1877-11-15
TRADE AND TRANSPORTATION.

TERMINAL FACILITIES AND RAPID TRANSIT DIS
CANALS OF THE STATE AND THE PACIFIC
RAILROADS.
The Board OF Trade and Transportation held very
interesting meeting at three O'Clock yesterday at
thor rooms, No. ll0 Pearl street Tho old Cheap
transportation Association. seems has been merged
with the National Association, their unted efforts
will be used future for the bcneat OF commerce in
general-city,- State and national The questions OF
rapid transit for this city, terminal facilities aud the
carrying OF freight ot course will directly affect Now
York. while tho canal questions ol the towase OF boats
and locks viii Indirectly do SO. At the beginning OF
tho meeting yesterday, at which Mr.. Y. b. Thurbcr
presided the following gentcmcn aud business firms
wcrc proposed aud elected membership :-Auchn-
Gloss Brothers. Janyriu Palmer, l. Delmonioo,
Hcnry Stccgcr H. W Collender, Lawton Brothers
aud Libbcy Bartlett Kimball. ln The absence OF the
chairman OF the Committee on Claims aud Grievances
member OF the stated that IT was proposed that
u delegation should wall on the different railroad
agents and ask them to reconsider their classification
teas THIS referred tor further action
There was also suggestion that as there to be
meeting of the freight agents in this city on next
linseed should be BROUGHT to their n0tice. The
suggestion received and accepted.
Colonel Baker, the chairman OF the Committee on
Terminal Facilities, said that they had nothing further
10 report tnan that they had Increased their Efforts
and II was obvious that they had met with success
witness the energy with which the grand work
being accomplished. Their efforts calculated to
give the people what tney had So long fought for
VIZ, rapid communication between both ends Of the
Island and better accommo odation for the moving Of
freights TO lts seaboard IorminL
STATE.
Mr.. Abraham B Miller. who has been the deter
mined opponent Of thu Brooklyn Bridge on benai OF
tho shippers aud warehousemon OF New York. hero
arose and offered tho following resolutions, which
were adopted -
whsroas tho state OF New York /. mainly indebted to
tha Erlp Ian har
and comnerce and whereas tho result Of tho low tolls
adopted BY the Canal Board only
resnea in Dractc.y the superiority OF the
means o cheap transportation but has also reoved 70 our
West that had other cities by
as hs and snass a.s' .Sa. % asys Sssa 10
view Of the approschng conpeton q he enlarged Wei
irss viii psrm. the passage Of tons
o as parposs Of aivsrn Ts The sy q as s1M sss @ no
portanco that the indst liberal and enlightened policy
in all matters reating TO the management and mproye
ment OF our canals: therefore
Board be apponed with power to confer with similar COM
pose OF eonsdrrins ana aaSpnx WISE p1sy IN ,ssasa 70
the unied support OF all who arc Interested in tneir vel
Rosovsd That the secretary this Board be and is
hereby instructed 70 prssent copy q these peambes
New York Produce Exchange New York Maritime
,on the importers and Greces Board Of Trade tho New
has the commercial bodies designated each requested
THE PACIFIC RAILROADS.
Mr. John 7. Henry offered the following, which
were adopted:-
Whereas the Union and Central Pacific railroads
seeking OF their liabilities Co the United
and propose system OF yearly
king fund for ultimate redemption o their
deits to the United States: therefore
Resolved. That in the opinion Of this Board such
is desirable that the
both es but the record OF these companies in tho past
has such inspire the public with conhdonce
in their dsinterestencs notably the LEGISLATION which
sought changing securities OF the United States
from "A u
Mobicr Company tor the OF absorb
ing tine proceeds OF the bonds which the
mentioned supplemental Legislation permitted THE
eSorDtant rates since
by them ali show OF iArnc the
public which Is calculated inspire hdence their
professions.
Resolved That the argument lately cnunciated by the
iteo that the power TO alter amend or repeain the
OF the Legislation creating nnd governing these
companies only intended to give power the
powers and emouments conferred them, soph.st
cal unjust aud mischevoas and recognized would strike
heavy blow AT the most important safeguard hitherto lett
for tue protection Of the pasc interest against tho
croachments o great corporations.
Resolved, That copy OF these resolutions duly authen-
ticated transmit the chairman vi the senate
mittre having this under
the presiding officers OF both houses OF Congress.
After some othcr ess ehe IN cot pe adjourned