New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-02
1T W1NTS THE CUSTOMS Law AMENDED
THE CHAMBER OF COMMERCE ADOPTS RESoLC
TI0NS LOOKING To TINT END.

TIONS LOOKING To TINT END.
The Chamber u commerce held rs regular monthly
meeting yc-tcrl,y. and Vice President Alexander b.
orr wa, In the chair Louis NIEdmuller offered the
following resolutions;
wher,as The deliberations q the Monetary Conference
If u,.el. d. not roni.c ony agreement 10 practical
ratio u value between gold ana silver;
whereas. A Continuation Of The monthly purchases OF
four ADD a.half no ounces q silver lbs orr "o'''"'
against Treasury no'"- viii maze 1t dincult' II not IN
ss Llc Tor Treasury D'phtm'nt 10 I'u''" IN b0"
pledges much longer,
Mhsira. such ie.ui, womb De- imm'd airly followed
by premium gold dAy fluctuations 81 onr cFcu''""s
D., inm end general di-ttu-t u opf securities b" 10
Ee.oiyed Tint ,hr Finance Committee " this Chamber
b. hereby Instructed select from - own members anu
other members Of this chamber commtte" OF hhr 70
proceed 20 Washington and urge ulon Congress the
nc,,.-'tr Of rcgcaling the sherman ~
After some Discussion the resolutions were Win
drawn. b. Difference to an evident sentiment that IT
va. incN pFilrnt 10 cAp-S an opinion respecting the
work AZ the Brussels Conference at til" present time
William T.. II. John thought that such resolutions
.houM IN failure ne referred io hc finance committee
leior" being p,e.cn,e1 10 the Ciariorr
some resolutions were referred 20 the committee
ON good r,ads. aud T. u. worral then offered the
following resolutions relating 20 The Customs Ad
minl-t,.hys law which were referred 10 the committee
on foreign commerce and the revenue laws:
Whereas, Npn"iou. Complaints ha,e recently been
mad taa, Il practice has grown mp In u" Appraisers
p.trr,nent whereby some other than price whrh
d,Ale merchandise Ia bought IN III" open market
a- been con .rued .. thr "rctual market value and,
Wherea- Reputable mer.hlut, have been subjected to
heavy penalties hy reason u such practice and
Wh,f,n. Portions sections =. :. lc ana I'D of tho
Customs Administrations Act ar relied upon 10 snsan
THE prictlcr; tAct"ltr be ~
Ec.ol,ed That tli, Chamber Of CONNER earnestly
recommend TO Congo,. 'ie amendment. Of So lions B. T.
10 ana 10 %, tine Cu.,ous Administration Act by strik
ing ont Section the words country from whence
e,uoiieri The word. that actual market value f.
p, ,fl,. az which merchandise described In the IN
voice Is freely offered fof sale 10 all purchasers In slid
MARKET. aid amending section :. a. follows: After the
void. 81. further equal-to per centum OF the total
app ai~cd value fof each per trntum that such ap-
Aid value exceed. the declared Ia the entry,"
adj t follow ing: 'bu the cNaction OF the per centun
~ the total appraised Nuno Tor each per ccntum That
such arpra.cl ,olut exceeds the value declared In the
entry may In the discretion Of the general appraiser or the
board Of three general appraisers. b" rmt'd' by
striking ON, u Section 10 utter the words "esu1te and
apptlsc" le words In BRACKET. "any Invoice or AM.
Gayt thereto statement of cost or OF cost " pro-
duction ~ the contrary Notwithstanding
Bv sniking out Of seton ~, after III" word, "~hai
y. ,onstrneh l., mean" the words "the actual market
value or wholcac price defined in this section ond
sul-iitutng therefor words "fot purchased m"r.
,hand-c price paid ior III" samr In the olrn
nafk.. IN nnshrd condition ready for shipment and for
the noclanll, procured otherW, than by purchls the
mice at which the could have been purchi.rd ia
Ia, olrn markets. at date u invoice In finished
ton Irody foi shipment
Resolved That copy 81 these resolutions b. FOR.
VARIED 10 each Of the senator, and Representative, from
dea,o- t. the passage by Congress OF the proposed