The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-01-30

Trade, Mr.. CoviEgton reported reso-
luton from the Cincinnati chamber of
commerce, asking investigation into
the causes of the waste of the country's |
wealth by fire, and that the investiga-
ton be made either by committee of |
the board or by a commission to be ap-
pointed by congress. Mr.. Covingten |
said he didn't believe in the efficiency of |
congressional commission. There |
was not the slightest doubt that the fire |
losses in this country could DO reduced |
from $l20,000,000 to $60,000000 annually. |
The resolution was adopted. The COM |
mittee to which was referred the var
ious propositions touching national
bankrupt legislation, presented report
in favor of the enactment of the bank
rupt bill already passed by the senate.
The report was. adopted. Propositions
relating to fictitious bills of lading then
came up for discussion, and Mr.. Sterne,
OF New York, addressed the board upon
the sabject.
This afternoon the members of the
National Board of Trade went in body
to the White House to call upon the
president. They were received in the
| library, and Frederick A. Conkling, of
! New York, presented Mr.. Fraley, presi-
dent of the board, 10 President Arthur.
Mr.. Fraley addressed the president
|
appropriate words. The members of
the board were then presented to the
| president by the secretary of the board.
| After a long discussion it was agreed,
% to IL, to submit TO congress the draft
4 of the bill defining the liability of COM
/ mon carriers on bills of lading proposed
/ by tho executive committee, instead of
\ the bill favored by the Kew York Board
of Trade. The board then took up the
\ recommendation of the New York Board
\ of Trade in regard to the regulation of
4 Interstate commerce, and on motion of
4 j. A. Gano, of Cicinnati, the matter was
referred to a special committee, which
was authorized TO report to
the executive council at this
session of the board ii
possible, a bill embodying legislation
. upon the subject, which they woRld,
> upon consideration, deem necessary.
4 The question OF promoting the in
h crease of American shipping, was then
n taken up, and after the discussion, last.
ing several hours, the board adopted, as
q a substitute for the solution of the New
York board of trade, the following:
a Resolved, That the national boarc
of trade recognizes the ne
d cessity for quick and frequent com
i munication with foreign markets anC
. that board earnestly commends to con
I lgress tho enactment of house bill 4,9S7
; for the encouragement of the American
4 merchant marine, and to promote com
2. 3mercial relations with foreign countries
n \ NoTE-This bill provides that TIL
az postmaster-generalb be authorized, in hi
nj tiscretion, to contract with an Ameri
le pan steamship company for the convey
n hnce of mails at rate not to exceed !
n per mile, the amount to be paid in, thi
an matter not to exceed the sum receive
n for ocean postage by the United State
a. The board also referred the matter G
te American shipping to the eXecutiy
10 council for further consideration, with
nd request that the council examine I'll
1o method adopted by the French govern
eTr ment for the encouragement of its me
n camille marine.
The next matter taken up was IL
&C. resolution of the New York Board {
ng Trade and Transportation, recommen
nS1 ing the establishment of certification i
'aI voices by United States consuls at II
I port of shipment. After debate, tn
Ito was adopted,
MI Adjourned.