New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-15
MERCANTILE INTERESTS DISCUSSED.


One of the principal topics Of interest before Inc
Board of Trade and Transportation At Its monthly
meeting yesterday was the report OF special COIL
stse t6FTugR WcR has been ncr
Elaboration for the past two months. The evils OF the
system of bankruptcy in this State were pointed ont
and the bankrupt law framed by Judge Lowell
and now before Congress, was approved, -,
Resolutions were adopted that the Hepburn rail;
road bills now pending in the LegsiatatI9 s f tbo
LEGISLATURE and that the bill providing Tor Doard
of railroad commissioners should be 80 amended as
to give them the same power to hear and ACT upon
and between railroads themselves, WHEN Is eA-
ercised by the English railway commissioner. A.
State canals should he maintained for public use
and benefit only and that the bill before the stare
Senate authorizing the use OF the N 1I to TG
boats and which is an attempt to Obtain the eaha az
for railroad purposes to the ultimate destruction Oh
its boating interests, should be defeated.
The committee on terminal facilities prcsenteH
long report in relation to the improvements OF the
water front and strenuOusy opposing the bill now
issue and sell bonds and with the proceeds make
extensive and permanent improvements upon land
movements to deed it to certain of Its citizens IN
consideration of receiving q fixed price equal 10
about one-fourth the cost OF making the lmproVSS
mPnts upon it. Resolution were adopted urgently
recommending the completion OF the water front I'M
proyements in accordance with h the present plans
which include the widening of West and south-s's;
also opposing the bill above referred TO.
WRECKS AND OTHER MARINE DISASTERS.
The German bark Heva arrived in port Tuesday
after q remarkably long voyage OF eighty-siX dave
from Hamburg, in O disabled condition. She had
fine weather until February 1, when heavy
westerly gales set in, continuing until
tered. The wind came from the southeast,
and went all around the compass. and then
back az ain to tho same point, lasting twenty-four
hours. The vessel was thrown on her beam ends,
with the sea making clean breach over her, ana IL
topmasts before she rgntcd. At ten A. M. on the
following day. with the hurricane still increasing,
and q very high sea, the .ybboom was
suddenly carried away , with all the
rigging attached, and the vessel was
again thrown on her beam ends. The main
mast was then cut away and in going over the side
the vessel was badly damaged and cansed to leak.
The crew suffered greatly from exhaustion and ex-
posture. -. -.
The bark Francesca, while being towed up the
bay by the steamer William Beard tuesday, weht
ashore on shoa in Swash Channel. She VIII proD-
ably be loated off when the weather mOderates:
Tie agents of the brig Lizzie NJ. Merrill, which
sailed from this port for New-Orleans January 81.
learned Tuesday that the vessel had foundeTed on
Cape Hatteras, III gale. All on board were lost
plank after floating for about eighty hours in the
water, by the bark Vigilant. The Vigilant arrived
at Qnecnstown on April 2. The lost Yessel was
owned by S. J. Southland, of Richmond Me-. where
she WAS built in 1868.
of the steamship City OF Richmond, which arrived
from Liverpool on Monday with ,25S steerage pas
sengers, several occupants OF the steerage were
washed overheard during gale. Tue officers OF the
ship said Tuesday that only ono person was
friends and unknown by any of the other passen-