The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1878-01-31
NEW YORK CITY.
The Merchants and the Railroads,

National Associated Press to the star.
NEW YORK, Jan. 3l.--ln response TO a
call issued by two hundred merchants
and bankers Il special meeting Of the
Chamber OF Commerce was held yester-
day afternoon for the purpose Of con.
siderlng the following question:
"Do great trunk lines which hold their
charters from the Legislature Of this
State have the right TO make rates W hich
unjustly discriminate against the oOm-
merce of this city and grossly lnjure Its
mercantile interest?'
The meeting was largely attended.
Samuel D. BaDcock spoke i'll brief oil the
object OF the conference, and asked for
an expression of opinion from those
| present. The opening remarks were
made by Charles q. smith. de said we
| do not desire mat railroads should make
uon-dividend paying freight rates.
| We contend, however, that freight
rates which iujure our commerce should
| cease, and that the great powers OF rail-
roads should not be used as engines to
damage ,ur commerce.. he then read
| the following, winch were received with
Applause:
| "Whereus, In the opinion OF the Cham
| ber OF Commerce 1t ie true that the con-
| ditions OF permanent prosperity alike
.or the commerce OF Now York and the
leading railroad lines OF this State are
| linterdepeudent and inseparaOle, aud
that harmony should always prevail be.
tween IhLst great interests; therefore,
ssResolVed, That u special committee
of representatives frUm the leading
financial and CONNIE: Cal interests OF
this Oily, to be known as the Committee
on Railroad Transportation of the
Chamber OF Commerce, be appointed b.
the Chair, whose duty II shall be TO In
quire into anu report 30 this chamber,
from time to time, upon the relations eX.
listing between The commerce VI tnls olty
and leadiDg railroad lines connecting
New York with the West, anu whal
measures aie necessary to insure toI
the commerce oi this city permanent
and reasonably equitable rates oI
freight"
f. b. Thurber and G. c. Dodge spoke
at length, taYorlng the adoption OF the
resolution. q. NJ. Depew, representing
the New York Central Railroad, was in
lroduoed. He said that The action o
the Committee In calling the meeting
met with the hearty approval OF Mr.
/ Vanderbilt, who thought it. right thai
the merchants should meet to cOnsult
AS regards their common interests there
was no common antdgUnlsm between
them. 1t was simply aquestion as t.
J the methods by which the same object!
could be obtained, yet there was some
lreciprocity due the Central Road. Mi
Vanderbilt proposed to do all in hi
power for the merchants OF the city, bu
If he failed the Central Road would b
compelled TO cut rates TO conform 10 th'
rates adopted by the Grand Trunk AM
New England roads. The resolution
= was then adopted Unanimously. Ate
the appointment Of committee the meet
ing adjourned.
Business Failure.
AithUf, Bergman Il Co., he oldest to-
house in New YORK, have failed. Liz
bilIties $3.50 co.,
ANOvel Exhibition.
An exhibition OF beauuiut women a
GIlnore's Garden Is to be the next eX
pertinent in the show business, openin
February II. 1t will be conducted o
: the same plan as the baby show, an
, Will be known as the ''dIeat lnterni
tional Congress OF Beauty and Culture.
One thousand ladies under forty yeat
7 OF age are advertised Tor, and IL Is ais
i. the In Leution Of the managers to plaC
y on exhibition one thousand youths {
both sexes over tive years of ag'
Premiums will be awarded ~ the mos
:. lady-like woman, to the handsomes
blonde and brunette, and to the wOma
with the most expensive dress. Prize
will be given tor the finest head OF hai
Q and preltiest blue or black eyes, and
y the besl vocalist, roller skater, dalseus
q and pedestrian.
snow Storm.
! A great snow storm is prevailing thi
>, morning.
u The Ninth National Bank
9 has reduced its capital one-half fror
1 81, SOC, 900 10 $3.50, 1000. The manAgemst
). ol the bank 10 charged with irregular
Q ties.