Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1896-02-07

Washington, Jan. 29.-The National
Board Of Trade at it's morning session
today discussed at some length the re-
port of the committee to which has
been referred the several resolutions
Bearing upon the money and currency
questions submitted by a member of
the constituent bodies of the board.
The committee in it's report states that
it finds the unfortunate conditions
which existed one year ago to he sub
stantial1y unchanged, and states that,
(. In 1.-The judgment Of the National
Board Of Trade, the establishment OF a
Bound stable and efficient monetary
system is essential to the restoration
of confidence and the prosperity of our
Industrial interests, and such reStora-
ton is an immediate and urgent duty
of Congress; that the essential proVls-
ions in such system should INCLUDE
the relief of the Government by the
retirement and cancellation of the le-
gal tender notes under safe and proper
conditions as to time and method; also
provision for the revision and extension
of the National banking system 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"
The report of the committee was
adopted by a vote of 43 to 9.
BANKRUPT LAW.
The committee on bankruptcy re-
ported the following, which after dis
cussion was adopted:
Resolved, That the National Board OF
Trade aft1rmS its approval Oh the Iorrey
it's enactment of the only measure that
can give permanent beneficial results to
the. National interests of the United
States. GIiiAUHd
Resolved, That the passage of an equf-
table bankrupt law during the present
session of Congress is imperatively de-
Aea1 in int Of fiVl
The committee on reciprocity, of
which Bellamy Storer is chairman,
made a report, embodying the follow
ing resolutions, which was unanimous
1y adopted:
r That the National Board of Trade ur-
gently demands of Congress the enact
ment of such legislation as will establish
lations between the United States and
Mexico, the Central and South American
countries and Spanish-American colonies.
POSTAL REVISION.
A report was submitted by Mr. Finley
Acker of Philadelphia, chairman of the |
committee on poSctal regulations. |
Among the recommendations were to |
change the rate of postage on first |
class matter, letter postage, to 1 cent |
for each half ounce; to restrict second |
class matter, at the present rate of pos !
tage, to strictly bona fide daily, tri-'
Slml-Weekly and weekly news |
papers, and to charge to every depart
ment of the Government now using the
privilege the actual cost of
the service. The report was adopted.
L. NJ. Haupt of Philadelphia pre-
Rented the report of the waterways
ommittee. The report recommends IA
Forably deep draft connections between
khe lakes, the Ohio and Mississippi |
Fivers and the Atlantic, continuing the
Improvement of the great rivers of
he central basin conSecutively, and
ne construction of an interior coast
Use canal for domestic commerce and
RATIONAL defense. The report also
(rges on Congress the immediate grant
hg of such financial aid and support
IS will secure the control of the Mica
Agua canal to the Government, free
om foreign interference, provided,
pwever, that in extending such aid it
(ll acquire such title thereto as will
lcure the ultimate payment of the
nds guaranteed or the money ad-
need.
was also decided to hold the next
bal meeting of the board in this
on the fourth Tuesday in January,