The New Orleans daily Democrat., 1878-07-03
CHAMBER OF COMMERCE..
The Executive Committee AgItatey the
Question of q Commercial Convention!

| Fhe Executive GDnaHllLbee AbiJA1es bne
| Question OF commercial Convention!
The executive committee of the Chamber oil
Commerce met at No. 1873 Gravier street last
night. Gen. Bussey presiding.
| The following report was received by the COM
mittee and accepted:
New ORLEANS. June 25. 1873.
In compliance with resolutions passed by the
| New Orleans Board OF Underwriters, New Or
| leans Cot on Exchange and Chamber of Com
merce, q committee from each Of the above
named b tdies was appointed to meet and con-
slider certain questions to be laid before them.
| The Board Of Underwriters appointed COM
mttt as folloTs: b; a. Pa Palfrey = chairman
which was added Mr. jules Tuyes as chairman
! Of the marine coHmittee.
| 1he New Orleans Cotton Exchange appointed
Messrs. VIM. @. Black chairman; VIM. Cum
ningham and John Ch4ffe.
The Chamber of Commerce appointed Messrs.
| A. hrsiber, chairman; VIM. O. @. Claiborne
The committees met at the Cotton Exchange
on the twenty-ffth day of June. 1878. at II
There were present:
Fro,u the Board of Observation-Disclosures. T..
A. Palfrey James |, Day and Lloyd L. Cole
man.
From the Chamber OF Commerce-Messr A..
Schreber and VIM. O. @. Claiborne.
From pfnn me 4 motf2n T EXo9angemmeTsSFs' william
| Mr.. Ed. A, Palfrey was called to the chair Mr..
| Aholuhe Schneider acting as secretary.
|
! ing to be- the consideration OF the following
subjects, to wit:
/. The establishment of maximum rate OF
| forced charges on vessels and their cargoes In
distress at this port.
O. To arrive at some Just method of fixing the
insurance valuation on cotton from the interior.
3. To recommend some uniform mode of set
Ting cotton losses by the river.
On motion of Mr.. Schneider. seconded by Mr.
ResolUed. That the questions as above be sub
milted to two special commit ees to be appoint
| ed by the chair The first committee to con-
slider question No. l. and the second committee
to consider questions and 8. These commit
tees to report at an adjourned meeting.
The chair appointed on the first com mittee
Messrs. Schreiber. Cunningham and Miller,
and on motion. duly seconded, Mr.. Palfrey was
added to this committee
Of The river committee Board If Underwriters.
on the second committee as chail man, ana the
second committee was appointed therefore, as
follows: h. A. Palfrey. Chairman, and Messrs.
Black. Day and Chaffe
There being no further business before them,
the committees adjourned subject to call OF the
chairman.
NEW ORLEANS, June 27' 1873.
The committee met pursuant to call. Present:
From the Cotton Exchange Messrs. Black,
Cunningham and Chaff5.
From the Chamber OF Commerce-Messrs.
Schrieber and Claiborne.
From the Board of NEUTRALITY-SUSPICIOUS.
PalfreY, Tuyes aud Day.
The reports of fsub-committees being in order
the following report from the first committee
was read, which was, on motion, received and
its clauses adopted seriatum, and then on mo-
tton, properly seconded adopted as whole.
NEW ORLEANS, June 27, 1873.
To the President and Members of the Commit
ties of the Chamber OF Commerce, Cotton
Exchange and Board OF Underwriters:
Gentlenten-Your sub committee appointed
for the purpose of examining the questions of
forced charges ON vessels and their cargoes in
distress have the honor to submit and recon-
mend for adoption the following tariff of rates
L I'm n hanlinD n
press, storage and return to vessel .... So
2. On cotton wet; hauling TO press. storing
and asserting for sale to include every
expense OF haudltng, per bale. S5
8. On cotton damaged by ire: same as wet
cotton. ACKNOWLEDGEMENTS. 81. 85
L. On cotton damaged or not damaged;
hauling to press. storing, recon press
ing, putting In order bands and bag
ing ali expenses, per bale. .......:..... 81 90
s. Dlscharging cotton at levee (5tevedOre's
ChHrgeS), per bale. ACKNOWLEDGEMENTS. 30
keloading same (stevedore's chargesl-- so
6. For inspection and apDratsement Ito be
divided among the inspectors and ap-
praisers), per bale. e....................... 25
Z. Fol, survey, when the cotton has been
submerged, each surveyor ...-....-.... so 90
A. sCHRIEBER, Chairman.
After which the following report from the
second committee Was read and received:
New ORLEANS. June 26, 1878,
To the Chairman and Mem bers of the Commit
tees of the Cotton Exchange, Chamber Of
Commerce and Board of Underwriters:
Gentlemen Your committee to which was re-
ferred the consideration of the following Ques-
tlonS, to wit:
First-Toarrive at some Just method of fixing
the Insurance valuation on cotton from the in
terror;
Second-To recommen some uniform mode
of settlement of cotton losses by the river, beg
leave to report:
That they recommend that the general
monthly valuation OF the bale of cotton for in-
surance be fixed by joint com laittee of the Board
OF Underwriters and the Cotton Exchange; said
committee to consist of two members from each
of the above named bodies. La Case of Disagree
meut these four to call in fifth, whose decision
shall be final.
Deviation from the above to be matter of spe-
That they recommend that cotton covered by
identified be settled for at insured value at
total loss.
1 hat all cotton damaged 20 per cent shall be
paid for at insured value. deductlng the original
frt light.
Par ial losses on identified cotton to be settled
for by paying for the actual weight of dry pick
ings at value of sound cotton. less the net pro-
ceeds sale of such pickings.
Ali extra expenses OF bringing cotton to its
destination and putting In order to b6 paid by
the underwriters.
Respectfully submitted.
ED. A. PALFREY, Chairman.
The different causes OF the above l6DeEt