New-York tribune., 1879-01-09
TRADE INTERESTS DLSCCSSED.
ANNUAL MEETING OF TIE BOARD OF TRADE-RAIL-
ROAD FREIGHTs AND THE SUGAR ADUIIERAIloN.
Thc BOARD of Irade and TranspOrtatlon

ANNUAL MEETING OF TIE BOARD OF TRADE-RAIL-
ROAD FREIGHTs AND TIE SUGAR ADUI1ERAlloN.
The Board of Trade and Transportation
held its annual meeting yesterday at No 81 Pearl-st
The Executive Committee in its report referred to thr
success efforts have the Belt Line used Tor the
transportation of freight, aud regretted that with the
execution OF the White star Line connection with
the PIERS had been made. which Indicated that the asser
on of the railroads that the lack OF this privilege
one cause of their discrimination in rates III favor of
other cities, was only a preteXt Arguments with com
ftccs Om other commercial bodies III an effort 10 cs
tabsh rates and cldssi1cationS so that NcWNork might
be permanently placed O equality with other
board cities it was claimed. had proved of no avail.
The committee does not feel discouraged, however be-
cause of the defeat Of the Railway Commissioners bill in
the Legislature after year. and intends to present
F. b. Thurbpr OF the Committee Railway Trans
portatlon, presented report ON The question OF the
bills now before Congress TO regulate iuierStht" com
meice il was stated that while sections and H. which
provide that freight shall not he carried cheaper Tor one
shipper than under like circumstances, taIr
and desirable, they do not 60 iar enough because
shipper send ng carloads of freight might he
ten carloads because the not like" 1t
would be best that there should ne a standard OF
ouaty established. Section Ill, winch prohibits
6mat0ns or pooling of ire'gn>, the committee belcvcs
viii be OBJ. sed by the railroads and all persons who
have invested in railroad securities on the present
a ed basis IT also says that the wisdom Of section ".
mat more shall not be CHARGED for transporting for
short rtuau fora StaucC l. dis putrd by railroad
meu aud by many merchants, who alCgc that III some
surplus products which must necessarily he carried at a
very low rate. Inc publication or post NJ of rates ami
| provided section V, declared dpSITii-
Bile and that ne objected 10 only by those who
seek to eyade the provisions of the law
! concerning equality Two illustrations were given
TO show the necessity OF the passage OF the bin proposed
one The memorial To Congress sish'd 10y tlc New
thc Pacific Railroads and the Pacific Nal Steamship
GninauV III relation 10 freghis to the Pacific Coast
ana In" other an article IN IHE TEBUNL OF Deccmbef
IS. lSTS, under the heading, Instances OF Reduced
| Katcs' In CONCLUSION, resolution was adopted de-
catnC tat measure, such aS the hll To regulate
lncrS tate ucrce, absolutely necessary to protect
the public interests and mat the mag ude or the i'll
tcrcse involved great that competent Board ~
commissioners should he appointed 10 superinend the
operations OF such law, ana from mc 10 tme to re-
commend Congress measures necessary to the public
| and 10 railrCad interests.
John f. Henry, presenting i. Il. Ibulbers resol-
tons on the sugar arn sand therc seemed 10 be some
we-oIglzed effort 10 break mp the sugar refining IN
uubncitv and excitement had been caused. the resOu-
ions declared hat the ducsion Of change in the t4ri
sugar now pending III congress sh"uIh De stitCd on
ts merits, without reference to the charges OI fraud
and adulicItlOp which interested persons nave sought
to connect VITA H. cach ol "hIch s"UuIu NC lhNcsu-
gated and decided Independently; That the admission
Of high grade sugars at the same rare OF dutY dS low
grades would be uius to an American Industry eXttn
slyclv employing both labor and capital; that Con
eress should Tx rate according to value, OF tahe OF
resolution Of thanks TO W. H. Vanderbilt for "the
anc dIscssIon lost Moses c. Hanaucr stated that he
was not certain that great bcn'tts To the Iahsp0ld
ton interests OF this Citv would result from sucn llnc
AS the house ne was connect with hau applied for
room aud informed that arrangeincnts could only
be made with the agents III chicago w H. Nh'y sdd
tnat t.c line existed more IN imagination than any
where else, the vessels were chartered Tor return
frriglts after bringing fruit from the Mcdltclanea
Johu f. Henry SAID =" II wait until Mr. Vanderbilt
docs really confer benefits ON Ne"-lork commerce,
before We give hlm vote OF thankS, we VIII never gct
an opportunity. | don't think he Is III such posi-
ton that We need to pat him on the back
The result of the annual election showed only nlnc
changes IN thirtV-,iX dIcc0rS, Benjamin IataIn
L. f. Holman +. BloodgOOd Il. f. AUSTIN, tfancl. BaRcr
John Cailiu, Samuel RiyHOr W. A Cole, NJ c. IlanaucT
and g. ". DdyIds di>placlng nlne Others. Ambrose
snow was reelected president; John f. Henry. j. r.
Thurbrr George OpdVkc Vlce-prcsldchts; Darwin H.
James. secretary, anu l.. r. Durhee treasurer Ia dc
crnfIng the chair Captain Snow sad that thinking 1t
possible he might he reelected, he had prepared his
speech. Then ne read II.