St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-30
BUSINESS MEN MEET.
National Board of Trade Will
Discuss Finances, Etc.

WASHINGTON. Jan. 29.-The twenty
fifty annual meeting of the National
Board OF Trade was called to order at
the Shoreham hotel in this city today,
and Will remain in session for several
days. The leading business men of the
country are represented, and their de-
liberatiOns may have much effect Ill
shaping future congressional IegIsla-
ton.
Committee recommendations drawn
up by the boards of trade and other
mercantile organizations all over the
country will be brought up for conSld-
Grafton.
The most important topic will be the
currency question. The discussion Will
be led by the Baltimore delegates. who
will request the national board to in
dOrSe what is known as the baltimore
plan. Other recommendations favor
OF uniform legislation IN the different
states. uniform bankruptcy law, in
duStrial arbitration, inspection OF immi-
grants. improvement in the reports Of
the agricultural department, preven-
ton OF forest fires. national
clearing house, q ship canal from the
| lakes 20 the gulf; improvement OF the
naYigable rivers in the Ohio and Mis-
SissippI valleys, the Nicaragua canal,
foreign reciprocity, fOrtlticatiOnS for
Long Island sound, forfeiture OF rail-
road land grants, prevention OF the ap-
pOintment of the former officers OF a
railroad as it receivers, national super
vision of railways and telegraphs. re-
ductiOn OF postage on drop letters,
uniform trade mark law, tue develop
meut of our merchant marine, changes
III the classification of mail, the repeal
of the income tax. a naval reserve and
the reconciliation OF silver.
At the morning session there were
! about fifty delegates present from the
constituent body. Frederick Fraley, of
| Philadelphia, who. during the last year,
celebrated the nineteJh anniversary of
his birth. presided at the morning ses-
sion, which was consumed in UrganiZa-
ton and in listening to the reports of
the executive council and the several
committees.
At the close of the session the fol-
lowing resolution was unanimously
adopted:
Resolved, That the national board of
trade. now assembled, strongly ap-
proves the earnest message concerning
the financial condition of the country
Just sent to congress by the president OF
tie United States, and strongly hopes
that congress will set aside all feeling
except from paramount duty to cOun-
try, and enact legislation that is neces-
Sary to strengthen the federal treasury,
maintain the public faith and credit and
tend 10 relieve the industries, trade and
business of the people from the tinan-
ciaI disturbances from which they have
recently suffered.
At the afternoon session committee
of nine members was appointed by res
OlutiOn 10 consider financial questions.
The annual report by the executive
council was adopted. 1t urged that the
amendment to the interstate commerce
law, recommended by the national
board. be made the subject of special
attention, and recommended the keep
ing of prominent representative in
Washington to look after matters of
legislation of special interest to the
board. Frederick Fraley was reelected
PRESIDENT; II. a. Hills. of Boston, Sec
TPtarV and treasurer