Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-31
THE INCOM { TAX
It Was Not Endorsed by the National
Board of Trade.
AGAINST THE FRANKING PRIVILEGE
Recommendations Made by the
finance Committee.
OTHER BUSINESS TRANSACTED


trace did this morning was to express
profound surprise at the statement in a
morning paper that the board had in
dorsed the income tax embodied in the
tariff bill. The official stenographic re-
port Of the proceedings showed that no
positive action was taken on the petition
asking Congress tc repeal the law, except
that by vote of 36 to 1G' the resolution
was tabled. In effect the delegates got
enthusiastic over the prospect of having
their several incomes taxed, but they did
not recommend anything in particular.
DIR. j. L. Forward, representing the
Chester, Pa, board of trade, was made a
vice president of the national board; Mr.
Hamilton A. Hill was reelected secretary
of the board, and Washington designated
as the place for the meeting in 1896, and
the fourth Tuesday in January as the date
Finance Committees Report.
The finance committee submitted the fol-
lowing report, which was adopted
Resolved. That in the judgment of the
national board of trade the establishment
OF a sound, stable and efficient monetary
system is essential to the restoration of
confidence and the prosperity of our in
dustrial interests, and such restoration is
an Immediate and urgent duty of the ma
tional Congress.
mat the eSSGQtlai PROVISIONS In Sucn a
system should include the relief of the gov
eminent by the retirement and cancella-
fion Of the legal tender rotes, under safe
and proper conditions as to time and
method, and also provision for revision
and extension of the national banking sys-
tenn under conditions which will maintain
our monetary standard and secure to the
country a safe and ample currency to take
the place Of the notes so retired.
Resolved, That in the event of failure to
agree upon such legislation by the present
Congress We earnestly recommend that pro-
vision be made by Congress for the creation
OF O monetary commission, non-partiSan in
character. selected with reference to quail
fications in ability, knowledge and expert
ence in monetary affairs and as far as
possible representing all parts of the coun-
try, to formulate and recommend to the
succeeding Congress legislation appropriate
to the difficulties and removal of the evils
now existing.
A resolution by Mr.. Hackett for appoint
mcnt Of a committee of five on the reform
Of the banking system was adopted.
Mr. Warmers Address.
Mr.. B. H. Warner of the Washington
board of trade made brief address to the
national board, expressing regret that the
customs of the national board did not per-
init the Washington board to extend to the
meeting such entertainment they would
like to offer. But next year." said Mr..
Warner, we shall expect to give the ma
uOnal board a banquet, ana We nope the
invitation will be accepted.
A resolution by Mr.. Warner giving the
Endorsement of the national board to the
proposed International exposition in Ba!ti-
mere in 1897 was adopted.
The committee on western waterways
reported that the improvement of the Ohio
and Mississippi rivers and their navigable
tributaries should continue to command
the attention of the national government.
They also asked that aid be given TO
ship canal from Lake Erie to the ocean
The committee also urge the control of the
Nicaragua canal by the United States, and
it was urged that financial aid be given to
that enterprise. The meeting voted to ask
Congress to pass the Senate bill Oh the
Nicaragua canal without amendments
The committee on railroad transDorta-
ton reported in favor of urging the pas
sage of the Riley bill, now pending in Con-
gress. and also the Patterson interstate
commerce bill.
Against the FrankinE Privilege.
The committee on postal service, through
Mr. Acker of Philadelphia, the chairman,
submitted an exhaustive report attacking
notorious abuses Of the mails by publish
ers of cheap and trashy literature. and
ask support for the bill prepared by the
Postmaster General and now before the
House committee on post offices. This re-
port attacked unsparingly the Thanking
privilege as employed by the government
departments alleging that 1t cost the gen.
eral Post Office a large part of the annual
rect recommendations:
That radical modification OF our postal
laws be made so that no part OF the postal
system shall be furnished to any class of
citizens at less than the present average
cost, which would secure, first, 1-cent let
ter postage: second. the consolidation of
second, third and fourth-clasS matter into
one class with the uniform rate of cent
for two ounces or cents a pound: third
to charge to every department Of the gov
eminent. or any one now entitled to the
Thanking privilege the cost of such service
so that every department shall show true
and correct report of its operating eX-
penses.
Resolutions on the naval reserves. n reso-
luton calling for a strict enforcement of
laws relating to railroad land grants, de-
claring that New York harbor ought to be
fortified at the eastern entrance TO Long
Island sound, asking legislation by Con-
gress to protect railroad trains from rob-
Dery by increasing penalties therefor and
making a second offenSe punishable with
life imprisonment, and asking for the en-
actment of law for uniform trademark
registration in the effort to avoid litigation
and establish and make secure ownership
in this form Of property. We're adopted.
Committees Appointed.
President Fraley announced the following
committee on uniform commercial reports:
Ryerson Richie, Cleveland: L. S. Lyon,
Chicago: E. 0. Stanard. st. Louis: F. b.
Thurber, New York: Daniel Miller, Balti-
more.
He also appointed Mr.. Thurber, Mr. Nc
Menamin, Mr.. Speare, MIR. E. p. Wilson and
H. F. DouSman, a committee to present be-
fore Congress the Thurber resolutions in
behalf of the Patterson interstate COM
merce bill.
Mr.. +. B. Thurber. for the committee on
railroad transportation. to whom the sub
ject was referred, reported a resolution,
which was adopted, against the appoint
ment of friendly receiverships." and ask
ing Congress to pass law providing that
no person who had been a director, officer
or employe of any bankrupt corporation
should be eligible as assignee or receiver of
such corporation.
Income Tax Resolution Tabled.
At yesterday afternoons session the reso-
luton calling for strict inspection Of i'm
migrants by United States consuls was
passed. as were one providing for the COM
pilation of uniform commercial reports
from various cities and one calling for
better crop reports from the Agricultural
Department.
The resolution against the income tax
was tabled after quite an exciting time,
during which speeches against the reso-
luton and in favor of the tax were made
by Messrs. Raymond of Detroit. A. r.
James Of Buffalo, Mr.. Mulcahey of st.