National Republican., 1883-01-20
nIeaty Remarks About tho spreclsles
Monopoly.

cluding session at Willard's yesterday. The
president, Mr.. Fraley, presided as usual, and
the attendance of delegates was quite large.
The discussion of the shipping bill was re-
sumed where it was broken of the previous
evening, but before the debate had proceeded
far the following
BANKRUPTCY RESOLUTION,
offered by Mr.. Janney, was adopted:
Resolved Thatthe case of the Lowell bankruptcy
be now confded to the constituent bodies of this
board, in order that continuedaction may be had,
and that the passage of this bill may be urged
upon the senators and representatives, who in
congress representthe Interests ofthese constituent
bodies; also, that these constituent bodies VIII
demand continuous favorable action at this ses-
Sion OF congress-
Mr.. Dingley,
FATHER OF THE SHIPPING BILL,
who was in the room, was asked to say some-
thing about the measure. He said that of one
fact the board may be informed, and that is
that the bill which passed the house last week
is the only bill which stands any show of be-
coming n law this session of congress. He
warned the board that attempts to have the
bill amended in the senate would probably
defeat itand no relief would be afforded the
foreign carrying trade for another. He frankly
admitted that the bill did not 20 as far as he
would like, but it went as far as congress
would move this session, and in his opinion it
would be folly to refuse TO accept the relief
proposed, because it was not enough. He
explained the meaning and probable
operations of several sections of the
bill about which questions had
been raised. He said that the section admit
ting certain material used in the construction
of vessels to American ports free in bond was
merely n complement to section in the eX-
listing law, which permits the FREQ inn
portation of finished material used in ves-
sci building. 1t was designed to admit free
of duty the raw material rs well the finished
article, and went no further.
Mr.. Dingley explained that legislation must
go step by step, and he advised the board to
put no obstacles in tho way of congress be-
cause it did not take two steps at once. This
bill was move in the right direction. Next
session another forward step could be taken.
Mr.. Wetherill of Philadelphia; Mr. Nc
Ruer, of San Francisco; and Judge Bu-
chanan, of Trenton, objected to tho tonnage
tax clause as burdcnsome instead of otherwise
TO American shippers. They pointed out
wherein the language of section 10 was liable
to misconstruction and how under its pro-
visions nearly everything used in the con-
struction of vessels would be admitted duty
free, which would be equivalent to free ships
at once. Mr. Wctherill stated that he was
interested in ships himself, being stock
holder in the American steam ship line, which
owned and ran four steam ships employed in
the foreign carrying trade Ten foreign vessels
were run in connection with the four Ameri-
can vessels, and he spoke by the book in say
ing that it cost one-third moro to run Ameri-
can vessels than il did to run English vessels
under the existing laws He thought the
pending bill was clearly in the interest Of for
eign manufacturers, and that it proposed a
premium for the introduction of foreign ma
terial into the construction of American vcs-
sells at the expense of American material. He
thought that the right way to encourage Amcri-
can shipbulding would be to encourage build
ers to make American ships Of American ma
terials.
Mr.. Dingley succeed in explaining away
many of the objections raised against the bill
and vote of thanks was rendered for his
able and clear clucidatOn of the subject
After some additional discussion of the ques-
tion, participated in by MesSrs. HOlten, Lin
coin, Fraley, Nelson, Davis, French, Bigclow
and others, Judge Holtcn offered the follow
ing resolution as Il substitute for the pending
resolutions, amendments, and suggestions, its
adoption to
DISPOSE OF THE WHOLE MATTER
for the time being:
RcsOlUcd, That this national board of trade ap.
proves in the main the bill now before congress
looking to the improvement OF American shipping
ana trust that IL will not iail TO become a law,
The substitute was accepted by Mr., Lincoln
and everybody else, and adopted with u sigh
of relief. Mr.. Lincoln then attempted to re-
vive his tonnage amendment in the form Oi
an independent proposition, but the question
was laid over. The amendment sought to be
incorporated in the resolution Of cOmmenda'
tion of the bill was provision that the ton
mage tax shall i'll no case exceed thirty cent:
per ton in any one year. Tho resolution OF
the Philadelphia board of trade, recommend.
ing the
TOTAL REPEAL OF THE INTERNAL-REvENUF
was knocked out by the adoption of the fol,
lowing substitute, offered by Mr. Thurber:
Resolved That the repeal Of internal. revenue
taxes is hereby recommended, with the exception
otthose ON spirits, tobacco and iermentedliquors
bank checks, proprietary articles, and matches
together with the tax on bank deposits and OIL
alcohol used in arts and manufactures
The debate on that proposition was short
and sweet
In lieu of the resolution adopted by the
Detroit board of trade recommending a re-
newal of
RECIPROCAL TRADE WITH CANADA,
Mr.. Goodwin offered the following;
Reso,Ued That this board realirms the opinion
expressed ut its former meetings us TO the desir'
ability OF the appointment OF commission tC
consider the trauo relation between the United
States and Canada, with Il view 10 establishing
them on reciprocal basis.
ResOiuCd That this subject be referred to the
executive council, with the request that they
press the matter upon the attention OF congress a
the earliest practicable opportunity
An amendment proposed by Judge Holton
of Wisconsin, to include Mexico and other
North American countries, and directing the
council to consider the oXpedcncy of estab.
lishment of free trade relations between the
countries was voted down, and Mr.. Goodwin'f
resolutions were adopted,
THE HAWAIIAN TREATY.
The following resolution, adopted by the
New York board of trade and transportation
came up for consideration;
Resolred. That tho so.called reciprocity treaty
with the Sandwich islands having proved unre-
cproCal in Its results, uuiustly discriminating as
IL does both against our American sugar and rice
industries ana against other friendly nations who
purchase large quaint tiles OF American products
and are Justly entitled to the benefit of the most
favored nation clause" should be discontinued
nj the expiration of the term of seven years loI
which II was enacted.
Messrs. George p Denny and Edward KEN
BILE, from n subcommittee from the executive
council, submitted an exhaustive report ad-
verse TO the abrogatiOn of the treaty in ques-
ton on the theory that the United States
government is amply compensated for its loss
of revenue involved by the great advantage
il has gained by the incorporation in the
treaty, of u clause 10 prevent any other ma
ton from obtaining control of the islands, an
advantage which was obtained originally, and
can only be held by granting the Hawaiian
government reciprocal commercial tayOrs in
the way of removing the duty on sugar, The
committee supported Its position by elaborate
arguments in the nature of special peadings.
Mr. Sgarles, of New York,