The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-01-08
CHAMBER OF COM MERGE.

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CHAMBER OF COM MERGE.
Last evening, at about half past O'Clock, there
were gathered at the rooms OF the Cotton Ex-
change about fifty members OF that body.
After the reading of the minutes OF the last
meeting the annual report Of the secretary and
treasurer was read and adopted.
The report of the auditorial committee was
then read by John q. Walton, Esq, relative to
the condition OF past dues. The report was as
follows:
GenNemen-Your committee appointed to ex-
anime the books and accounts OF the secretary
and treasurer beg to report that they have per-
| formed The said duty and have found the same
correct; cash account showing balance OF
the books Of the Chamber about $500 uncollect-
cd dues for past years. Some OF these dues, it is
| thought, may be collected in full, others par
tally while many are entirely uncollectible, and
would suggest that the secretary and treasurer
| be instructed to make such compromise settle
ments OF these back dues may appear to him
for the best interests Of the Chamber, and to APP
| propriste the amount collected first to the pay
ment of the outstanding indebtedness OF the
Chamber.
A communication from the United States En-
gneers Office was read. relative to the bridging Of
the Ohio river near the city Of Evansville. On
motion the communication was received. The
committee to whom this communication was re-
ferred reported that the United States engineers
| we're fully competent to determine the subje
In satisfactory manner.
A communication from the Board Of Trade OF
Cairo, relative to the refusal Of the Postmaster
General to allow -four samples to pass through
the mails, was read and referred to committee
composed Of J. vairin Mathews and W. @. Ray
mond.
A communication from the Boston Board OF
Trade was received, relative to petition to Con-
gress asking its assistance In arranging for an
international monetary convention.
On motion, the following committee Was ap-
pointed: Messrs. Townsend, Walton and Oglesby.
On motion, the following resolution was carried:
Resolved That the president appoint three
delegates to attend the convention on the subject
OF immigration to assemble in New Orleans on the
22d January, 1878.
In sccordance with this resolution the president
appointed Messrs. Bush, johnson and Wilson.
President Bussey then stated that the business
of the meeting WAS shout ended, saving thu cleo
lions for the coming year. He was glad to be
| able to report that the Chamber WAS in q more
| hourlshinR condition than when he first became
it's president. Notwithstanding some discour-
| aging circumstances, the membership had been
largely increased and renewed interest mani
tested In its future success. He then called
upon the members of the Chamber individual y
to exert themselves to increase the membership,
citing his own success in securing fully $50 addi
tons in forty eight hours.
Nominations were then declared in order, and
Judge Kennard nominated Gen. Cyrus Bussey
for president.
Under suspension Of the rules he was unani-
mously elected.
Mr. r. a. Howard was then chosen first vice
president.
Dol. Louis Bush was then elected second vice
Col. Wan. M. Burwell was elected secretary Of
the Chamber.
On motion the following executive committee
On Tobacco. Fl. Joseph.
On Neutrality-suspicious.. G. johnson.
| On Bapks-Albert Baldwin.
| On Coal--W. G. Coyle.
On Shipping Interests-L. Lacoumbe.
| On General Trade-Adolph Schneider and John
M. Sandidge.
On Western Produce-Messrs. Odendahl and
W O. Raymond.
| On Cotton-T. 9. Herndon and Louis Bush.
| On Sugar-Louis Bush.
| On Groceries W. B. schmidt.
| On Dry Goods--Joseph Boiling.
The following resolutions were then adopted,
| after which the meeting adjourned:
Whereas, the Chamber OF Commerce OF New
Orleans was organized for the special purpose OF
making known to the country at large the COM
mercial wants of this port and the country
|
measures the commercial interests upon which
| the city OF New Orleans and the Mississippi val
| ley are dependent, and
Whereas, being non-p9litcal body, we refrain
| from expression OF opinions on purely political
subjects; yet we hold it to be our privilege and
| duty to express an opinion upon any legislation
of Congress tending to affect our commercial iu-
terests, which should always be considered in
nou-partisan spirit:
1. Be IL resotved As the sense of this CHAMBER
that the enactment in to law Of what is populary
known as the sBlsnd Silver Bill" which has
lately passed the House of Representatives. is
fraught with serious danger to our material in
terests.
2. That we regard the rapid approach under
existing laws Of the national currency TO the
basis Of gold value throughout the world as
national blessing.
8. That the appreciation OF the nations securi-
ties in the markets OF the world, which has en-
abled US to fund large portion Of the national
debt at low rate OF interest, gives greater
premise OF future permanent prosperity than
any changes sought to be made by new legisla'
ton.
4. That any change which by force of law shall
make silver dollar Of leas intrinsic value than
the dollar in gold. which has an even value
throughout the world. the equivalent in value to
the gold do lar in the United states, will tend to
disturb the exchanges with foreign countries, and
eventually drive g I'D out of our market as cir
culatirg medium and make it an article OF mer-
chandise.
S. That honesty is the best policy among ma
tions as between individuals, and that any act
tending to impair the nations credit will prove
expensive to the whole country, and cannot re-
lieve the temporary embarrassment under,which
our COMMERCIAL interests rest.
6. That the question Of finarce, Of all ques-
tions with which the government has to deal,
should be most dispassionately considered, with
out reference to party or section.
z. That the execution OF the governments
contracts, in spirit and in law, should ever be
held sacred, and this Chamber protests against
any measures Of supposed expediency in the IN
terest Of any section or party.
RREvITIES.
The annual meeting Of the members of the
Milne Asylum for destitute orphan boys was held
Yesterday, and the following gentlemen were
aLactad diractars for the ensuing year: I. N.