New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-02-12
IMPORTANT COMMERCIAL QUESTIONS.

MEETING OF THE BOARD OF TRADE AND TRANS
MISREPRESENTATION BILLS AT ALBANY-sA
NATIONAL BANKRUPT LAVA PRESIDENTIAL
TERM OF SIN YEARS.
The Board of Trade and Transportation held its
monthly meeting yesterday. F. Is. Thurber sub
mitted a report of the Committee on Railroad
Transportation upon the recent investigation
Of railroad management Of this State, de-
claring that the charges made by the Board
had been fully sustained. The report analysed the
railroad bills now before the Legislature Assem-
bly, bill No. %, to regulate the transportation OF
freight it is claimed, embodlcs correct principles,
and would prevent fragrant Determinations.
Two or three amendments were suggested,
one that il should be a misdcmeanor TO
violate any Of the provisions. Assembly bill No.
%. to prevent the abuse of the proxy system IN
voting II was thought could not be improved. As
sembly bill No. "a, designed TO prevent STOCK,
watering, also considered good. Assembly bill
No. % 10 create q Board of Railroad commissions
ers does not give the commission suitclcnt power
the compensation is not suihcicniy large 10 com,
mand the services OF the best class OF men, anu
should be made $4,000 instead OF pJ,OOO
year. The fear Was expressed that the
usual methods of making blll useless ny
loading II with amendments would be employer.
Resolutions were adopted demanding the passage OF
these bills, and deuouncng tho use of money by
railroad corporations as expressed ny leEslallVe
Committee 10 purchase the election OF the peo-
pies representatives."
Communications were received from the san
Francisco Chamber OF Commerce, the Boston Board
of Trade. Boston Merchants Association and the
Baltimore Board of Trade, IN relation to National
bankrupt law.
A resolution was adopted urging the members Of
the Legislature 10 use every honorable method TO
defeat the bill for an island on Robbins Reef. Mr.
Thurbcr said this proposed island was IN the inter-
est of the STANDARD Oh Company.
IL was resolved that for convenience in reckoning
the metric or decimal system is much superior 10
the present system and that manufacturers OF
goods which VIII pack well IN mutlples of ten rs
IN multiples of a dozen ould M far possible en-
ploy the multiples of ten. Other boards of trade
and organizations are TO be asked to take similar
action.
John T. Henry offered resolutions. which were
adopted. IN favor Of the extension oil the FIes-
Dental term 10 six years.
Resolutions were adopted regTcttiug the failure
of the ConCrcssi0na Committee on Commerce 10
approve the Reagan Railroad bill.
4 committee was appointed to confer with the
Western Union, or the AnglO-AmeriCan Telegraph
Company. with view to having the rule rescinded
which provides that code messages must be com
posed of words IN English. French, German
Spanish, Italian, Dutch, Portuguese and Latin
languages Proper names (names of persons aud
paces) will not be allow ed In the text of code
sages except in the manner they are used IN ordi-
nary private messages" strict enforcement OF
this rule would cause much trouble and hardship TO
business men.
committee was appointed 10 cooperate with n
committee of the Baltimore Board OF Trade 10 as
sst IN the suppression of the practice o! adu terat
ing food especially the cOlorng Of coffee with sub
stances more less poisonous by placing such re-
strict Ons and penalties upon the nterS ate traffic
of coffee as in their Judgment VIII enable COM
trymcn TO this article It's purity aud strength