Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-07-02
BOARD OF TRADE.

Railroad Matters---Faribaulta and st. Cloud
Striking Hands With Minneapolis---The
northwestern OBSERVATION-DISCLOSURES
Monthly Report of tho Secretary.
The regular monthly meeting of the board
of trade was held yesterday quite a full
board being present.
The secretary read the following commu-
FAR1BAuLT, Mimi, June %, 1878.
To the President of the Chamber of Commerce,
Minneapolis.
DEAR Sir: The board of trade of this city
has appointed u committee to invite the CO.
operation of similar committees from the cities
of Red Wing, Mankato and Mortified, to visit
your board at such time as you may indicate.
and present the advantages of the Cannon VAL
ley road as a feeder to the Minneapolis d st,
Louis road, with view to interesting your city
in the enterprise.
This road has a land grant of swamp lands of
two hundred and seventy-1ive thousand acres,
which is thought to be valuable, and traverses
n wheat producing section of country, large in
extent and unsurpassed in productiveness.
An early answer will oblige. Respectfully
GORDON E. COLE,
Chairman of Committee Faribault Board of
trade
The secretary stated that he had replied to
the board would be called to suit his con-
venience when he was ready to confer with
the Minneapolis business men. The Secre-
tary's action was confirmed by the board.
The president submitted the following
communication, which was read by the Sec
rotary:
ST.. CLOUD, Mimi, June %. 1878.
To the President of the Board of Trade, Min
neapolis Mimi;
The undersigned citizens and business men
of the city of st. Cloud desire to cooperate
with you in extending any aid within our
power towards securing the construction of the
the west side of the Mississippi river, believing
that such construction will be of great advan-
tage not only to the interests of our cities. but
the country along the proposed rou'e.
We are willing and anxious to do all we can
towards securing such rights and privileges as
the company constructing the road shall re-
quire, and respectfully ask you to inform us
promptly what action on our part, it any, is
desired in the premises. Very Respectfully,
j. Fl. MCKELvYs
WILLIAM POWELL,
RosENBARGER Bros.
ID. B. SEATH,
w. 3. MITCHELL.
JOHN COOPER,
]. G.. SMITH
F. II. DAVIS,
j. Il. WEST.
The question was asked if the Northern
Pacific company had any definite and dis
tinct proposition as to what was desired of
the city of Minneapolis to secure this result.
The president replied that what converse
ton he had had with Messrs. Sergeant and
Billings had been entirely informal. He was
not clear as to whether the Northe IN Pacific
meant business OF whether this talk was
leverage to bring the st. Paul 4 Pacific to
time.
The communication was referred to a COM
mittee consisting of w. w. McNair, s. e.
Neilor, and A. Il. Camp.
Capt. Whitney reported that the sum OF
$3.50 expended by the county of Hennepin
would secure the location of ferry over the
Minnesota river at Hamilton station, thus
giving another avenue connecting Mime.
apolis with Scott and Dakota counties.
The committee was Increased by the addi-
ton of r. P. Russell and E. S. Coeser, and
instructed to 60 before the county board
and ask the appropriation of that amount
TO rthat purpose.
! Dr. Keith offered the following resolution:
| Resoluel That this board OF trade pledges to
| the managers of the Minnesota Agricultural
and Mechanical association it's earnest and con-
| tinuous aid and cooperation in making the
| MINNEAPOLIS the first week of Septemb Der next
one which shall excel all former exhibitions of
the kind in this city and which shall be q
credit to and do honor to the state OF hinneso
ia and the whole Northwest.
After brief discussion the resolution was
adopted unanimously.
The secretary submitted his monthly re-
port as follows:
MINNEAPOLIS, July /, 1878
70 the Officers and Members of the Board o
Trade of Minneapolis.
In the general business of the city u salts
factory month is reported, though in SOM
lines Of trade a falling off from the previous
month. There are important enterprises nov
before the citizens, on the result Of which larg
interests to the city depend. This is especial.
the case in several railroad movements, bu
they are Of such nature at the present tim
that they would not be forwarded by publ
mention either in this report the press, blu
require the close attention of committees VIII
have them in charge, and the hearty co-opera
ton of citizens in all measures calculated t.
promote their interests. 1t is believed that /
liberal policy is pursued by citizens and tn
city authorities that important railroad termi
mails may be secured to this city. The Hutch
inson branch of the NJ. & N. w. narrow gaug
railroad demands prompt and energetic action
The citizens of Hutchinson and vicinity al
becoming impatient of delay and with som
cause charge Minneapolis with lukewarmnes
on the subject of this road. Unless somethin
is done to assure the building of that road
Hutchinson will abandon the project and al
propriate the funds raised for this to the line
Glencoe, and then they have sure thing. Thi
would be misfortune to Minneapolis, and er
danger the building of the Des Moines 4 Mir
neapolis road, or at least defer it. The matte
is in the hands Of committee who, no doub
will do all that can be done to forward the e1
terprse. But there is danger that other an