St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-01-21
TRADERS IN COUNCIL.
The Sixteenth Annual Meeting of the
National Board of Trade in Session
at Washington.
Representatives. Present from All the Prin-
cipal Cities in the Country From
San Francisco to Boston.
Messrs. c. NJ. Loring of Minneapolis
and p. III. Kelly of 1T. Paul,
Vice Presidents.
resolutions Upon Bankruptcy Legis-
iauon and communication with
Foreign Nations Adopted.


Foreign Nations Adopted.
WASHINGTON, Jan. 20.-The sixteenth
annual meeting of the National board Of
trade was commenced in this city at noon
to-day. Nh. Frederick Fraley of Philadelpbia
presiding. The roll call disclosed the
presence Of forty-five delegates. represent-
ing the following trade organizations of tbe
country; Baltimore board of trade, Balti-
more corn ana flour exchange. Boston Mer-
chantS association, Chicago board of trade.
Cincinnati chamber of commerce. Indian.
apollS board of trade, Milwaukee chamber
ot commerce, Minneapolis board of trade.
NeW raven chamber of commerce, New
YORK chamber of commerce. New
1 elA BOARD of trade and TRANSPORTATION:
fhiauelpha board of trade; Portland tOrl
board OF trade; San Francisco chamber OF
commerce; 81. Paul chamber of commerce:
Trenton board of trade and the Bridgeport
BOARD OF trade. The annual report of the
executive council explains the French svS-
TEN Tor the encouragement of shipping
interests. and says il will prepare the way
lor the discussion of the subject of Amer
lean shipping.
OTHER MATTERS.
AneIc are certain questions, saws the re-
port on which the board has passed fire.
quently, ana with SO near an onrroarb Ia
unsnimity that IL may be- said 20 have created
platform for itself. SO far as they are CON
cerncd- Among them we may mention the
enactment OF IA national bankrupt law. the
es'"oAshment by the United states govern
ment OF Il postal telegraph and telepbone
system, the suspension of the coinage of the
standard silver dollar etc The ouestion of
UNIFORM legislation in the states in reference
10 cohVeyances OF law, judgments, the coll
lecuOn OF debts, forms of contracts and tina
manner or means of enforcing them the or
ganiAation and management of Joint stock
companies, etc, the report saws, is respect
iully referred To the commercial associations
OF the country for their careful consideration
suu Ior such recommendation rs they may
decide to make.
At the conclusion of the reading of the
report. which was adopted, the Merchants
association of Milwaukee was admitted to
the board
THE ELECTION OF OFFICERS
Tor the ensuing year resulted in the unani-
nous reelection of MIR. Fraley OF Phila-
delphia as president, and the following list
of vice presidents:
William Young, Boston; Samuel F. Thomp.
son, baltimore; L. W. Seymour, bridgeport;
oscar \. Sampson, Boston; George NJ Howe
Ch hcago; :. +. Covington, Cinctnnati. pbilin
Parsons, Detroit; Allen Metcher. Indianap-
Oils; +. p. Bacon, Milwaukee; H. H. Camp.
Milwaukee; c. NJ. Loring, Minneapolis; ID. N.
sperry, New Haven; james 5. r. Stranahan,
New York; Ambrose Snow, New York. B r.
Janney, Philadelphia; j. n Dolph. Portland,
john +. Miller, san Francisco; p III. Kelly,
81. Paul; James Buchanan, Trenton
Inc subject OF bankruptcy legislation
was taken up out of the regular order and
placed in the hands of the following named
special committee for investigation. with
Instructions TO report mt subsequent meet
ing: Messrs. Gano Wise, Janney. Woods
and Supplee Subjects relating TO inter-
state commerce received a similar dispOsi-
ton, and were referred 10 Nessrs. Pope.
Higgins. Murray and Bacon with like in
structiOn. The two subjects: The Ocean
Postal Service, proposed By the Philadel-
phia board OF trade, and American Ship
ping Interests. proposed by the New York
board OF trade and transportation. were
taken up and discussed. The following
resolution were then adOped by vote OF SO
10 10:
SHIPPING AND POSTAL SERVICE
Resolved, That the National Board OF
Trade recognizes the necessity OF adoptina
the same methods pursued by our competitors
TO establish quick aud frequent comIuunica-
tion with foreign nations and place our shin
owners upon an equal footing with those OF
other countries.
Resolved, That II Is eXpedient for the na-
tional government to assume the fun expend-
iture aut .orized by law for the carriage OF
the mails To foreign ports in American yes
seis, and congress is urged TO appropriate
further sum not greater than 30 cents per
ton, gross register, for every thousand miles
OF actual voyage, as a subvention to Ameri-
can vessels of over LOCO tons actually en-.
gagged in foreign commerce.
The president appointed a committee 10
present the foregoing resolutions to appro-
pirate congressional committees. and ascer-
tain when they can be given a hearing on
their behalf. The special COMMITTEES on
bankruptcy legislation here offered the fol-
owing resolutions, and recommended their
adoption:
Resolved, That this board again most en-
phatically and unreservedly express its sense
or the great Importance OF the Immediate
enactment OF just, economical and expe-
ditious national bankruptcy law; that this
board believes that the bill drafted by Judge
Towel is one possessing those desirable auali-
ties, the substantial provisions whereof are
also contained In the bills now pending in
congress, and which have been respectively
introduced by the Hon. G.. + Hoar in the
United States senate, and known therein as
Calendar Bill, Senate No. ia, and by the
Hon. y. y. Collins in the house OF representa-
tives, known therein as II. X. 1l.IIg. and
which measures are hereby heartily approved
and indOrsed by the board. BE il further re-
solved, that congress Is hereby most respect-
fully urged to grant the commercial interests
of the country protection and relief by an
iTnme tate enactment OF "A law containing tho
provisions of the bills heretofore mentioned.
A committee of one of each constituent
body of the board was appointed by the
chair to present the resolution to the house
judiciary committee. Adjourned until to-
morrow.
EIOped From "a window.