The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-01-09
TRADE AND TRANSPORTATION.

ANNUAL MEETING OF THE DoARD-INTERsTATE
coMMEncE-rHE SUGAR QUESTION AND THE
UNICORN LINE.
The annual meeting of the Board Of Trade and
Transportation held yesterday at their rooms
No. 81 Pearl street. Captain Ambrose Snow. pres-
dent. in the chair After the reading and adoption
of the minutes of the previous meeting Mr. +. b.
Thurber, chairman of the Committee Railroad
Transports on, to which had been referred the bill
pending in Congress "for the regulation of inter-
state commerce." reported upon the at great
length
The principal features of the bill are fol-
lows :-Sections / and provide that freight
shall not be carried cheaper for one ship
per than another under the same crcum-
stances. Section prohibits combinations or pool
ing of freights. Section provides that shall
be charged for transporting for short than for
long distance. and section that schedules Of rates
shall be publicly posted at each station. The other
sections simply provide for carrying these provisions
into effect. The committee say in their report "As
regards sections and the fairness and desirability
of their intent will commend them to railroads and
all shippers who do not seek advantages their
fellows; but in the opinion of your committee they
do not go far enough. for q shipper sending nine
loads of freights might be compelled to pay double
the rate charged shipper of loads. because
There should be a standard of quantity or
unit established" In conclusion. the committee
submitted the following resolutions, which were
unanimously Adopted
Resolved That in the opinion Of this Board provi
sions Of the Reagan b for the regulation Of Interstate
of the kind is absolutely necessary protect
terests involved great that competent board OF
be to ,n the
time recommend Congress such additional qualifying
the S%sc and rarosa "
Rs;Sssd That the TOR such
the highest character aud ability.
THE SUGAR QUESTION.
Mr.. John f. Henry offered the following resolutions
relative to the sugar question, which were adopted
Resolved That the question Of change in ths tariff
on its merits without refcpnce to the charges Of fraud
and aducrsiion which Interested parties have sought
DECIDED }S" sSs 81 hitch Grad. m
american industry extensively employing both labor aud
value take OF all duties sugar either OF which
with the sugar makers of other countries
UNICORN STEAMERS
The following resolutions of Mr.. r. L. Browning
the occasion of considerable debatc:-
Resolved, That view with qualification the proposed
addition 70 on, terminal and commsrcal aces in the
ears and ships oge,her 80 often advocated by
aud managed that they viii result cheapenng the
f"s q %rrSGs s, snS 's EG mr.. SO
mcn Of the New York Central Railroad will DO entitled
the thanks OF the pubitc
Mr.. Thurbcr opposed the resolutions the ground
that the New York Central road had done nothing ~
yet to entitle it to the thanks OF New York. other
gentlemen said the resolutions indicated the giving
of glory to Mr.. Vanderbilt tor the estnb shinent of
the "Unicorn lne. whereas he had moth ng whatover
to do with It, An cncrprising broker had chartered
a number of old vessels. they said. which the Central
Railroad win freight for him. Tho resolutions were.
however. adopted.
A new list OF directors reported among them
being Captain Snow. Mr.. Clafiin. George Opdyke.
John Il. Henry, Il. u. Thurbcr, II. A. Conkling. L. j.
n. stark, Moses u. Hanaucr, William A. Cole, A. ID.
Miller and Simon Stcrnc. Captain Snow was re-
elected president; Messrs. John r. Henry. Il. b.
Thurbcr and oeovgc Opdyke, vice presidents; Oar
win r. James, secretary, and II. r. Durkce, treasurer.