The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1877-10-02

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made by any one who might 80 desire.
The substitute was adopted.
| Mr. N. NJ. Wilson nominated Mr.. B. &.
Gray for president, and denomination was
seconded by various members.
| Mr.. T. Ii. Gum nominated Mr.. c. K.
Barksdale, and his nomination was duly
seconded, but he declined it.
Mr.. GRAY was then unanimously reelected
president, and made short and happy ad-
dress returning his thanks for the honor.
Mr.. N. 81. Wilson nominated Mr.. James
A. Scott for vicc-president, and he was
unanimously elected.
General Peyton Wise was next placed in
nomination by Mr.. Miles Cary for the office
of secretary and treasurer, and ne was
unanimously reelected. .:s
...b GENERAL wIsE's. SPEECH.
Upon being reelected General Wise, in ac-
knowledgment OF the compliment, said:
thank you heartily, gentlemen, for the
compliment that calls me to speak to you on
| this occasion. But il l CONSENT to respond,
it is chiefly because l lind myself enthused
| by the faces which surround me, and which,
as an illustration OF my good fortune, and
not of my merits, have shone' upon me LOT
| many long year OF the past with the genial
| light of trust and confidence; because hnd
| ali around me men to whom l am bound by
every tie that can appeal either to my heart
or nv head. Mr.. Shakespeare says:
rhe friends thou hast, and their adoption tried,
| Grapple them to thy soul With hooks OF sfeel."
You have been mine own familiar friends
for many years OF mixed fortune; you have
been tried friends, and may my tongue
cleave to the roof OF my mouth il ever IN
public or in private I desert you.
It has been fashionable in certain quar-
rN1ho VI
the yery shibboleth Of corruption; to de-
nounce its membership as ring, whose sole
Durpose it is to grind the faces OF the poor.
But say it upon my conscience as gen.
tleman, and as knowing whereof L afhrm,
that there is no body in this broad land
similarly large more addicted to the prac-
tice OF those virtues which gild and rehne
business, more catholic and comprehensive
in spirit, and more genial and gentlemanly
in demeanor. s.-
You have Just entered into new quarters,
with more elegant surroundings and larger
facilities for business. I trust they may be
the omens to each one OF You OF new and
happier careers. in which success VIII
follow effort, and plenty may be Wedded 10
happiness at home. Certain 1t Is, that
grand prospect awaits you and oil the peo-
Die OF this State il we but strive earnestly
and honestly to deserve it. The country
has been recently afflicted by great rail-
road strike, so called-really by rebellion
against all law Of the very worst elements
OF the land. 1t has alarmed to the last dg
gree CAPITAL, ever sensitive, at the North.
It has demonstrated two things: -g~I,.s
First, that Government to which we
nav two or three millions per annumls Ut
terly incapable OF dealing with great
question like that; that it has ended, by
Gods mercy, nobody knows how, and that
it may recur at any moment, and conclude
nobody knows where or when; and second
lv, that In the midst Of the widest social
convulsion at the North, the South was
peaceful, law-abiding, respectful OF the.
rights OF all, and without a day OF appre-
hension. Capital will tend here because 1t
will be safe and because it will find magnl-
tcent employment. It will reyiVify our
agriculture; make nature again flgor-
Gus and fruitful; it will dig our canals
and finish our railroads; bring to our
doors especially the raw material OF the
West, to be converted into various forms
OF manufacture, and to be speeded on the
wings OF the wind to the uttermost parts OF
the sea. It will make us the friend and
neiehbors and boon companions OF that
great land, teeming with every probability
that can captivate the fancy, and every posi-
bilitv that can enlist adventure; and already
7 foresee the time when mighty empires on
the Mississippi; the Ohio, and the Atlantic,
the fruit of the union OF Us and them, shall
waken into life, and discarding every line
OF sections and OF State, their peoples shall
know no future animosities, shall have no
future contests save as to which can most
eiId the common glory or best inspire the
common veal, and when both united shall
dictate laWs-yet laws Of love and brother
hood-to all the States Of all the Union.
But in order to induce the speedy arrival
OF capital to make it achieve these wonders
we must make our record as an honest.
debt-paying people. Let our individual
standard be ever so high we must make IL
higher still. Let us so live that the old
among us may show how un1inchlDS non
esty Of purpose and action can survive tne
ruin and blight Of time, and the young eA-
bibit in their future how purity OF LIE can
keen aslow the genius OF youth and gild
old age.
Thus, and thus only, can this trade be
focus of wisdom and OF worth, Richmond
be a centre OF wealth and refinement, and
dear old Virginia become wise virgin,
keeping her lamp atrim, and throwing
steady flame OF light onward to her safety,
honor, and welfare.
This career is yours, and pleads trumpet
tongued to you to tread it. thank Youf0r
| all your kindness to me.
STANDING COMATTEE-THE L-wHO
SHALL ATTEND THE EXCHANGE.
On motion OF Mr.. Watson the present
members OF the standing committee were
reelected to serve for the ensuing year.
Mr.. Osterloh presented a preamble and
resolution declaring, that the hammer is
used too freely during sales; that it should
be used but once, and thas when it falls the
| tobacco must be knocked ont to the bidder.
Mr.. Gum presented q resolution declar-
| ing that after this date no citizen OF Rich
mond shall be admitted to this room except
members Of the trade, unless actually en-
gagged in the tobacco business.
General Wise moved TO amend by adding
at the end the words "and all kindred busi-
nesses"; which was rejected.
The original resolution was then adopted.
Mr., Scott moved that select committee
be appointed to consider certain sugses-
tions made by the President in his address
to the meeting. - :. .,,s,.s, -, =. ~.
Mr.. Darlington, as a substitute, moved
that a committee Of five be appointed TO re-
codiiy the present rules and regulations OF
the trade.
Agreed to, and referred to the committee
to report within month.
HOW OFFICERS SHALL BE ELECTED HEREAFTER.
-AIr. Clarke presented o resolution proVi-
ding that the president and vice.president
and members OF the yarions committees snail
he elected biennally hereafter; that the sec.
Asary, and treasurer, auctioneer, clerk, and
L 1.-. - 4 1,,t IN rfH