Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-01-26
THEY WILL COME AGAIN.
The National Board of Trade Adjourns to
Meet Here Next Year.
President Fraley Makes a Graceful
speech Of Farewell-Some of the
Resolutions Adopted Today.

esoiuthons A0Opte0 Today.
A number of resolutions were acted upon
at the session this morning of the fourth
day of the national board of trade, which
held its meetings at the Shoreham All
the business having been disposed Of, the
board was ready to adjourn. Before, how
ever, this action was taken, a vote of
thanks was extended to the president Of the
board and to the secretary, for their SER
vices. This brought the venerable presi-
dent. Mr.. Fraley, to his feet, and also elicit
ed speech. which was delivered In the
feiicitous style for which his public ut
terances are well known.
After expressing his appreciation of the
Kindness shown to him by the members of
the board. and his regard for those who had
been members Of the board for a number
of years. as well as his high opinion Of the
character and ability of those whom he
met for the first time at this session. he
went on to say that there were two ex-
periences in life which were more or less
familiar to all. One was the pleasant an
ticipations Of friendship and enjoyment
which marked the beginning of q series of
row felt when the time came when the ties
that had been formed were to be broken.
He expressed the hope that at the next
meeting of the board. next year, All
the delegates present would be able to come
together again.
That such an expectation was clouded
with doubt the record Of the year proved,
showing. as it did, that here and there one
who had been accustomed to meet with the
board had passed away. as well as the sum-
mons which had come to one of the men,
bers who was here for the purpose Of at
tending the meetings Of the board. Mr..
lAxy tel \ IL,
ness. and,as is the case whenever he makes
an address. his words were followed with
the close attention Of the members.
The secretary, Mr.. Hamilton Andrews
resolution of thanks, which had been pass.
ed by the board in recognition Of his serv-
ices. The board then adjourned to meet
next year in this city.
Resolutions Adopted.
The action taken by the board on the
various matters considered at the session
this morning was as follows: The Mica.
ragua canal matter was again brought up
and on motion of Mr.. Fairback of St. Louis
a resolution was passed memorializing Con.
gress again. 'as We have done heretofore
from year to year at each annual session
of our body" that the construction and
completion of the Nicaraguan canal has
become an imperative commercial neces-
sity for the future advancement of the
trade of our country, and that Senator
Morgan's bill asking for the indorsemen,
and guarantee of 10000, 600 of bonds should
be enacted into law.
Following this. resolutions were adopted
as follows: That the board of trade earn
estly favors the adoption of an American
system of naval reserves. offered by the
New York board of trade and Transports
ton; that the board recommends prompt
action by Congress on all matters relating
in, nrdnr haf h. in,
dustrfes Of the country may have a clear
field in which to adjust themselves to any
alteration in conditions and to recuperate
from the effects of the recent financial
crisis. offered by the Chicago board OF
trade. An interesting discussion took place
on the resolution offered by the Philadel-
phia grocers and importers exchange. call
ing the attention of the national govern
ment to the wisdom of connecting the
Chesapeake bay. the Delaware bay and
the karitan bay by meals of a ship canal;
on another resolution by the Trenton board
or trade. recommending an appropria ton
by Congress OF S.. 600 for survey for a
canal between New York and Philadelphia
and one offered by the Pittsburg coal ex-
change urging upon Congress the import
ance OF the governments obtaining possess
sion of the slick water improvements on
the Mononeahela river.
Some opposition was manifested TO the
ADOPTION or the resolutions singly. owing
to the fact of their being local I'm scope and
not general. and after considerable debate
a resolution offered by Mr. Tucker was
adopted. asking Congress to appoint a com.
mission to be composed Of representatives
OF the army. the navy and persons selected
from commercial life. the latter taken from
the leading cities interested. the commits.
sion to investigate the subject of water
ways as whole and report to Congress
on the desirability of the improvements
A resolution was adopted favoring the
consolidation of third and fourth-class mat
ter into one class. to be known as the third
class, with a postal rate of I cent for two
ounces or cents per pound. Mr.. Field OF
Philadelphia, a former postmaster of thai
city, spoke i'm favor of the proposition in
the last annual report of the Postmaste r
General. recommending direct appropria-
tons by Congress to ten of the principal
post offices of the money needed for ex.
penses.
The Nicaragua Canal.
At the afternoon session yesterday Sen.
ator Morgan. in response to an invitation
addressed the bond On the subject of tn.
Nicaraguan canal He said that he had nc
other motive for seeing the Nicaraguar
canal completed than his love for the glory
of America He believed il would be the
coming triumph OF the marvellous intelli-
gence of the nineteenth century. 1t had
been demonstrated, he said. after two cen.
turtles of ceaseless research and INQUIRY
that the only place where the waters Of the
Atiantic ana racine could be Joined arti
fcfally together was by means Of the lakes
of Nicaragua and canals. He praised Ad.
miral Ammen, who was present, for his
bravery in the presence of dissentint
scientists when he Informed the Paris con
ference that the building Of a canal across
the Isthmus of Panama was an impossible.
ity. Senator Morgan said the work could
be completed and fully equipped in all its
parts within five years at an outside cost
Of not more than s7OOOO,OVO. The cpeakel
said that the present administration favor,
the canal.
A vote of thanks was extended to the Sen
ator for his speech.
The chair announced the appointment Of