Evening star. [volume] (Washington, D.C.) 1854-1972, 1888-01-20
THE INTERESTS OF COMMERCE..
Session Of the National Board OF Trade
To-day.
THE MERCHANT MARINE-PRoPOsED REVISION Q
THE BANKING ACTS, AND AMENDMENT OF THE MA,
UkALIzATION LAWS, ETC.

THE MERCHANT MARNE-PRoPosED REVISION OF
THE BANKING ACTS, AND AMENDMENT OF THE NAT
URALIzATioN LAWS, ETC.
When the National Board Of Trade convened
this morning a resolution asking Congress to
amend the naturalization laws was adopted. This
resolution requires that persons naturalized must
show to the court a certificate from the customs
oncer at the port where he may enter the country,
giving the date OF arrival, the port or place OF
departure for this country, his place of nativity,
and the political power whose dominions he shall
have left. ...
Resolutions favoring the revision and codifica-
tion Of the national banking laws on the basis Of
the recommendations Of the Controller OF the cur.
rency; advocating the refunding Of the present
per cent debt Of the United States at low
rate OF interest, redeemable In annual INSTALL
mentS from 1891 to 1921, with the view to the
use OF the new loan as security for the circulating
national bank notes. and the repeal OF the law pro-
WONG Ior the compulsory purchase OF silver bull
ion, were adopted.
RESTORATION OF THE MERCHANT MARINE
The several resolutions urging action by Con-
gress looking to the restoration Of the merchant
marine and advocating the policy OF paying boun-
cussion Capt. snow, Of New York, spoke in favor r
OF such policy, and he was followed by others.
THE WESTERN MEMBERS DEFENDED.
Some Of the speakers attributed the failure of
the board to adopt such a measure in previous
years to the influence OF the Western members.
Mr. Clun, OF Chicago, said in reply that the men,
bers from the West were In favor OF Whatever
would advance the welfare OF the whole country
He felt strong sympathy with the ideas ad-
vanced by Capt. Snow, but he thought that care
should be exercised In voting for any resolution
the effect OF which was to take money from the
Treasury.
Mr. Baker, Of Chicago, offered as a substitute
resolution urging upon Congress the passage OF an
act providing for the free admission or foreign
20 the sna that "a
mitted free OF duty. In speaking ON this subject
MI. Baker said that II the Government choose 10
pay subsidy that he had no doubt that American
vessels would soon have control OF the track. He
questioned the wisdom OF such a policy. The
European governments that paid such subsidies
bankruptcy, and therefore they had paid dearly
for the control OF commerce. He alluded to the
reflections which he claimed had been cast
upon Chicago In the remarks made on this cues
tiOn by Senator Dolph and Representative Buch-
anan, and said that Chicago was no "pent-up
bers siding with him doubted the wisdom OF the
proposed tonnage law, but had no enmity to the
shi2pang 2Ean Interests 1se 1ssor..,,, ~
Mr.. Bakers resolution, which was lost by q vote
Of 10 to %.
IN FAVOR OF TIE TONNAGE BILL.
The resolution favoring the passage by Congress
OF the tonnage BILL now pending before that body,
or some similar bill, was adopted by a rising vote
OF % to 10.
The board then adjourned for lunch A nnal ad.
1ournment will probably be had at the close OF the
afternoon session.
REDUCTION OF TIE RBvINuHs.
At the session yesterday o resolution was
adopted recommending the various boards OF
trade throughout the country to organize boards
to collect statistics OF the cropa A resolution
was also adopted urging upon Congress the i'm
portance OF early action 70 reduce the present
revenue In way which Will least eInbarrass ex.
listing industries. "While tt is desirable" con-
taxes 1t Is not desirable to abolish the INTERNAL
revenue system as O whole" AresolutiOn In favor
Of national bankrupt law was adopted, and also
one relating 70 q commercial union between Cam
ada and the United States