The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-09-21
BOARD OF TRADE
Many Subjects Considered
by the Members at the
Meeting Last Night.
s0UND MONEY CONVENTION
Improvement OF Newark Avenue.
at the Brew Of The Hill,
Considered.
0UND MONEY CONVENTION

There were only eight members present
last night In the rooms under the Second
National Bank when President Joseph
A. Dear called the Boari of Trade to
@. der to begin its winter session to dis
cuss matters pertaining to the welfare OF
the city. Prior to this tue Board Of
Directors held a meeting and passed
several claims again t the board.
Letters were received from Senators j.
II. Mcpherson and James Smith Jr.,
announcing that they wonld receive the
delegates appointed by the board and
SNOW them every attention during their
stay In Washington. Mr. Dear had
written TO these gentlemen some time
ago stating that he had appointed Messrs.
A. j. Corcoran and w. j. TAFT to attend
the Sound Money Convention held in
Washington recently. Much amusement
was accasioned by a communication from
the United States Trade Mark Association
that Mr.. Dear had been
maze one of the vice presidents of that
convention. Mr.. Dear was not aware OF
tie honor since ne was not present at the
convention. The Trade Mark Associa-
tiou urged the corporation OF the board
in tue matter of trade marks. President
D. ar in reporting for the Emergency
Committee said that the Acting Mayor
had vetoed the ordinance of the Con-
solidated Traction Company. but that
company had Incorporated in the
umsnded ordinance a provision guar
anteeing to the city a payment OF i've
per cent on all the new liuss . extern
sion of the Traction Commny u to the
old line operated previously By the j. G.
& B. K. h. Company. that tax does not
apply.
Randi Transit Company, he said, not
having been passed there was nothing to
repeal.
MANY MATTERS.
The vacation OF Washington street hal
been Withdrawn and nothing was new
III That matter.
Az TO the Railroad avenue matter Mr..
Dear reported the proceedings taken by
the board, w 20 were advised not 70 GER
t;orasi tas tuaitsr because they mad no
lega: standing. aud no injury q been
SHOWN to exist either to the board or the
CITY.
Railroad Company had agreed to open
their trestle at Mefcsr street when re-
quested. This special COMMITTEES was
discharged.
SOUND MONEY CONVENTION.
Secretary TAFT reported wnat had been
doue il tue Snuud Money Convention
held II Washington at which he attended
as q delegate from the Jersey City Board
of Trade. He told tho history of the
convention wnich was virtu lily called Rt
the iastzncs OF the New York Board of
Trade aui Transportation. The couvsn-
tfoa MET TO urgs tito repeal OF the pur>
chasing clauss OF The Sherman act. and
there were present. representatives from
sixty>eire Boards OF Trade from twenty
oGe Stxtes. With the exception OF one
board from Colorado the convention was
unanimous In fayer of sound moaey.
The vote cast was Isl. representing %, 900
members for, aud ) votes, representing
ES0 v0f 40 aUutnSE- Ha had LRpaR tina San
atcrs from New Jersey 1nd these had
said b 1T .hey could Look for 40 vote ia
the Senate Chamber upon the repeal
bill at least for two weexs- An atte1nps
10 INTRODUCES the closure would be in
eifeciu nal MS 1t would simply SHIFT the
i-~us from the silver bill to the closure.
When the convention adj burned the
members prevented their oiuti TO
President Cleveland who approved OF
them.
THEY SAW h ABY
Mr.. A.. j. Corcorau. tho other delegate.
reechoed these facts. but added the
highly mte, estinR statement that when
the member visited the President they
were extremely solleftous as TO the baby
aud congratulated Grover on the addt-
ton 10 ins small family. Mr.. Corcoran
said that when the convention was in
committee, soms OF the silver men were
actually talking OF seeding from the
Union. They aDgrily asked who has the
right TO dictate, The creator or created Of
these silver States?
NEWARK AVENUE IMPROVEMENT.
Mr.. James E. Banks urged the appoint
ment al a special COMMITTEES with
reference to the Improvement Of Newark
avenue at the brow of the Hill. He
thought that The road should be improv-
Ell ~ the county and city alike. The
Boari Ut Street and Water Commissioners
aud Chief Engineer could agree as to the
nature OF the improvement. This was
urgent. because the relayiuR of the tracks
Of the j.. C. & B. r. r. would cause any
amount of Inconvenience.
President Dear appointed Messr5.
Humphrey W. Carr, Frank Stevens and
Il. NJ. DOane as u coMmittee TO urge upon
tile Board of Street and Water Com uils-
sieners the importance of carrying OUT
the IMPROVEMENT Ut Newark avenue from
Pallsade avenue to Fifth street.
The board declined To send delegates to
the convention of The United Trade
Marks Congress.
RAILROAD TRANSFERS.
Mr.. anne banks opened Tue subject
of transfers on our surface railroads.
Tue present limited system of transfers
islaans quate TO the needs OF the city.
Mr.. IL. w. Carr said that a COMMITTEES