Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-30
BOARD OF TRADE
Business Transacted at Today's Ses-
sion of the National Organization.
FINANCIAL RESOLUTIONS ADOPTED
The Subject Of Arbitration Between
Employers and Employees.
COMMITTEES APPOINTED

| of the sensational report he lad heard that
| the Postmaster General intended to re-
sign, that the proposition in the program
relating to postal regulations be considered
| in time to present to President Cleveland
the assurances by the board that it was
| in full accord with anything he might sug-
gest for the improvement of the postal
service. This request was granted and Mi.
7 Gddings read a resolution, reciting the
abuse of the mails and impositions practic-
| ed by various serial publications, which
were not legitimate, which would increase
the postal deficit s1S,OO000O for the fiscal
| year and cause Postmaster General Bissell
! to resign with the adjournment of the
| present Congress-, and recommending that
! the law be amended SO as to exclude from
sccol class matter the classes OF publca-
| tons rot leSitjmately belonging thereto
| and to consolidate the third and fourth
classes of matter into one class with
postal rate of one cent for two ounces, OF
eight cents a pound, which is eight tunes
more than is now paid on newspapers,
! magazines, etc. The resolution urges Con-
gress to consolidate these two classes OF
| matter.
Consideration of this resolution was tenn
porariiy suspended to hear the report of
| the committee on finance.
| Financial Resolutions Adopted.
President Fraley, as chairman Of the
| committee announced the following resolu-
! lions, which were unanimously adopted:
Resolved, That the national board of
! trade, assembled, strongly approves
the earnest message concerning the imam
cial condition OF The country just sent to
| Congress by the President of the United
| States and strongly hopes that Congress
| win set aside all feeling, except from para
mount duty to the country, and enact that
| legislation that is necessary to strengthen
the federal treasury, maintain the public
f,ii n .,pI M n relieve n
| dustr:es, trade and business of the people
from the financial disturbances from which
they have recently suffered.
ResolN ed, That this board thoroughly ap-
proves the recommendations of the PreSi-
dent for the issue OF bonds specifically pay
able, principal and interest, in gold, at a
rate OF interest not exceeding per cent, as
a means to that end.
Mr. Field of Philadelphia offered an
amendment to the G:ddings resolution in
! regard 10 postal regulations, and a COM
n1lttee consisting of Messrs Field, Cid
dingS and Hackelt was appointed to con-
| slider the two propositions and report.
| On Arbitration.
| Proposition u. on arbitration between en-
| ployers and employed, came up and the
| following resolution was accepted by Mr..
| Dousnan, who had the topic in charge
| Resolved, That the national board of
! trade favors the creation of a national
board for the arbitration and Cancellation
OF differences between employers and en-
ployed, and to that end indorses and
| recommends the passage Of judiciouS and
| definite legislation.
Mr.. Dousman read a carefully prepared
| paper on this topic, and was followed by
/ Mr.. Mexican of Philadelphia in an earnest
| speech on the general subject of capital
and labor. Mr.. Mexican denied that the
two are to be forever in antagoniSm. and
said he was the first employer in Philadel-
| phia to attach his name to printers
| trade union, and had always been glad he
had done so. He believed arbitration was
the effective thing, although not always
| practicable.
Inspection of Immigrants.
Mr.. Fairback of st. Louis, taking up the
subject of strikes in this connection, said
arbitration was usually unable to deal with
| them. He suggested the employment of a
commission of fifty sixty citizens in a
community to listen to complaints and ad-
| just differences.
Mr.. George F. Stone of Chicago made an
| eloquent speech. urging patriotic sense Of
| necessary concessions on part of both labor
ard capital, but insisting that first of all
order be maintained, no matter what the
| cost.
Mr.. Reed of Wilmington opposed the
| resolution, because 1t seemed to favor
| trades unions, to which he was opposed.
| He believed if there were no trades unions
| there would be no strikes
Mr. Stone Of New York declared that
| civic authorities should be urged to use a
| little more persuasion in putting down
| strikes
The amendment was voted down. 10 to
! 16.
Comm ecs Announced.
President Fraley announced the follow
| ing committees:
| On water transportation-H. c. Haar-
stick, St Louis; ]. D. Parker, Cincinnati /;
| H, G. Hilken, Baltimore; c. L. Janney, jr.,
Philadelphia; S. NJ. Haupt, Philadelphia;
| D. b. Smith, Toledo.
On railroad trausportation-F. B. Thur
| her, New York; f. p. Wilson, Cincinnati;
| II. F. Dousman, Chicago; David McMena-
min, Philadelphia; Adam speare. Boston.
| The committee on credentials reported
| favorably on the application of the Youngs-
town. Ohio, board of trade to become a
| port was adopted, and j. A. Logan admit
| ted as a delegate to represent the Ioungs-
| town board.
| lating to practice in federal courts, was in
| definitely postponed, and topic No. 8. on
| inspection of Immigrants" was taken
up. A general discussion showed that this
| was a matter of deep interest all over the
country. The proposition was that House
| bill No. 5246 be Endorsed by the national
board. The bill would exclude any person
| no had been convicted of a crime or been
public charge. Mr.. Harper of Cincinnati
and Mr.. McMenamin of Philadelphia siren
ucrsly opposed the adoption of the reso-
luton OH the DrOau STOullu OIL HuHiai!tN
Mr. Stone of New York made a practical
and we'll supported plea in favor of the
proposition, insisting that New York. as
the gateway, suffered all the evils from the
misc ellaneous character of the immigration
and it was time relief should be had.
At 1920, in order to visit the President,
on motion of Mr.. Tucker, the board adj
journed until 2:3O PIN.
Yesterdays Session.
The board at it's afternoon session yes
terday on motion of Mr.. Dousman of Chi
cago, set at work on the financial question
by the organization Of a special committee
of nine, consisting of Frederick Fraley,
Philadelphia; r. L. Lyon, Chicago; John
A Caro-, Cincinnati; Daniel Miller, Balti-
more; Silas NJ. Giddings, New York; J. ].
Sullivan, Cleveland; H. E. Cobb Boston;
! George E. Leighton, st. Louis, and William
v Mexican, Philadelphia. The committee
met at o'clock, SO as to give it plenty Of
time for discussion and agree on a declara-
ton with regard to financial legislation to
be presented to the President at the re-
ception today.
Mr.. E. Waldo Smith Of New York at
tempted to have the last ten subjects on
the rcgram GALL presented for considera-
ton by the New York board Of trade and
TRANSFORMATION advanced to receive earlier