The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-30
NATIONAL BOARD OF TRADE.
Twenty-Fifth Annual Meeting in Ses-
sion at Washington.

WASHINGTON, Jan. 29.-The twenty
fifth annual meeting of the National Board
of Trade was called TO order at the Shore
ham Hotel in this city this morning and
will remain in session for several days.
The leading business men of the country
are represented and their deliberations and
conclusions may have much effect in shap-
ing future congressional legislation. Recon-
mendations drawn up by the boards of
trade and other mercantile organizations
all over the country will be brought up for
discussion. The most important topic will
be- the currency question. The discussion
viii be led by the Baltimore board, which
VIII request the national board to indorse
what is known the Baltimore plan"
Cid recommendations favor uniform legis-
!ation in the different States, a uniform
bankruptcy law, industrial arbitration, in
spection of immigrants, Improvement in the
reports of the Agricultural Department.
Ing house, ship canal from Lake Erie to
the ocean, Improvement of the nav gable
rivers in the Ohio and Mississippi valleys,
Iortihcations for Long Island sound, for
feiture of railroad land grants, prevention
OF the appointment of the former officers of
railroad as it's receivers, national super
vision of railroads and telegraphs, reduc-
ton of postage on drop letters, a uniform
trademark law, the development of our
merchant marine, changes in the classifi-
cation of mail, the repeal of the income tax
naval reserve and the reconciliation OF
silver.
The National Board of Trade was organ
lied in June, 1868. Each local body having
nfty members is entitled to one delegate to
the national board, each having hundred
members is entitled to two delegates and
associations with three hundred members
each two hundred additional members over
three hundred The officers are: President,
Frederick Fraley, Philadelphia; executive
committee, John A. Gano, Cincinnati; AM
SNOW. blanchard
DALI Baltimore; Jonathan A. Lane, Boston
a T. Dousman, Chicago; Charles Parsons,
81. Louis; A. G. Raymond, Detroit; Robert
R.. Heffer, Buffalo. and A. K. Miller, New
orleans; OBSERVATION-DISCLOSURES, Hamilton An
drewS Hill, Boston.
At the morning session there were about
nity delegates present. Frederick Fraley,
VINO, during the last year, celebrated the
ninetfeth anniversary of his birthday, pre-
sided. The time was consumed in iorgani-
zation and in listening to the reports of
the executive council and the several COM
At the close of the session the following
resolution was unanimously adopted:
resolved, That the National Board of
Trade, now assembled, strongly approves
the earnest message concerning the financial
condition of the country. just sent to Con-
gress by the President of the United States
and strongly hopes that Congress will set
aside ali feeling, except from paramount
DUTY to the country, and enact that legisla-
tlOn that is necessary to strengthen the
federal treasury, maintain the public faith
and credit. and tend to relieve the indus
lIles, trade ana business or the people from
Inc financial disturbances from which they
have recently suffered
AT the afternoon session, a committee of
nine members was appointed by resolution
to consider financial questions. The annual
report of the executive council was adopted.
1t urged that the amendment to the inter
state-commerce law, recommended by the
national board. be made the subject of spe-
cial attention and recommended the keeping
of prominent representative in Washing
ton to look after matters of legislation OF
special interest to the board. Mr.. Frederick
Fraley was reelected president and H. A.
Hills, of Boston. secretary and treasurer
A resolution urging the enactment of the
Torrey bankruptcy bill was adopted with
only one dissenting vote.