The New York herald., 1878-11-14
UNITED STATES BOARD OF TRADE
ANNUAL CONVENTION AT MASONIC HArL-A Ma

ANNUAL CONVENTION AT MASONIC HAILs-A ma
TIoNAL BANKRUPT LAW ADVOCATED.
The United States Board of Trade held its annual
Convention yesterday at Masonic Hail. In the alb
of Mr. Leslie II. Books. OF Mobile president Of
the organization. Mr.. Ellwood L. Thorne. chairman Of
the Executive Committee, presided. Messrs. Samuel
Marsh. Clark Bell and j. W. Norton appointed q
Committee Credentials They reported the fol-
lowing delegates present Charles Ellis. OF Rich
mond; John Tucker. of Norfolk; Beverly Tucker, of
Virginia; +. W. Cole and ]. b. Davis. Of Nashville;
Charles Ulman. Clark Bell A. Blumcnhal, A. Thomas.
G. A. Peabody Alexander Ncoll. j. T. Conover, II. $.
Beatte. A. j. DAM j. W. Morgan, J. IL. Golde, S. G..
Thompson, w. II. G. Price, Andrew Peck c. H.
Williams. Thomas wcddington and Samuel Marsh, Of
New York; II. c. Wilson. of indianapolis; A. +. An
tlerson and II. A. Jones, of Newark; w. A. Sweet,
Robert McCantly, L n. Hail. Jacob Amos. L. L. Jud-
son and 4. II. Agnew, of Syracuse; Charles Ingiis
and II. S. Crosby, OF Patterson Nathan Appleton. Of
Boston; W. H. Post, Of Hartford, and A. b. Manierre,
OF San Francisco. The meeting then organized for
business.
Mr.. Thorne on taking the chair said that the honor
conferred upon him very unexpected, and he felt
little nervous in accepting it. Never before in the
history Of the United States had such representa-
tive body been gathered together. The society
at present counted 1909 members One result of the
Boards operations would be to bring the wholesale
and retail interests Of the country into connection
with each other and to promote good understanding
between them. The rooms of the Board ut Washing
ton would become kind Of commercial capitol and u
prominent centre Of influence in the councils OF the
nation
Regular business Of the Convention was then
opened by Mr.. Charles Howard Williams, who moved
the following resolution
That the restoration Of a national bankrupt law Is
deemed q pressing to the
quested TO take action in that direction BY The early
f Il M p 10 ss a
further to take action TO wise amendment
Of the law when restored,
In presenting the resolution Mr.. Williams referred
to the confused state Of things introduced by falling
the States and Territories instead Of the general
law. In New York. for instance property to the
value Of $275 was exempted from m seizure while in
State statutes and could not be repealed or prevented
1t better to enact general law for the whole
country Mr. Hall. Of Syracuse, and Mr.: Tucker.
OF Virginia. objected to the resolution on
the ground that the former law had been
dishonorable debtors to the detrment Of the creditor
class. Mr.. Alexander Blulnenstha, Of New York,
offered amendment striking out the last part OF the
resolution, and simply recommended the matter to
the attention OF Congress. The amendment was
cepted but the resolution was finally overwhelmingly
defeated.
After the recess Mr.. Nathan Appleton, of Boston,
read a paper the French treaty and introduced
three resolutions. The first was to the effect that
committee be appointed In response to the Interna-
tional Congress OF Industry and Commerce held at
Paris in August last, to cooperate in drawing up
international commercial code; the delegates
appointed to attend the next International Congress
at Brussels in 1880.
DINNER.
In the evening the members Of the Board enjoyed
very fine banquet at Dclmonico's, at which number
of prominent gentlemaN were present. Among the
guests Postmaster James, David Dudley Field,
MgcrnoA S. Sullivan. President Farrelly. OF the
American News Company; Coroner Ellingcr Rev. DIR.
John L. Newman, Major r. Retldington Judge Pea
body and Rufus Hatch. The toasts were numerous
and varied, including "The President Of the United
States and His Cabinet" "The Army and Navy"
"The American Bar, The Clergy. Commercial
Bodies in America" 1.-The Relation Of Commerce to
Politics. .Iseciprocity in Trade .The Currency,
agriculture /" american Shipping and Education,
the Great Aid to National Progress. The last named
theme was the subject of very able address by the
President Mr.. Ellwood f. Thcrne.