New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-15
NATIONAL BOARD OF TRADE MEETS.

NATIONAL BOARD OF TRADE MEETS.
A REPORT ON THE CURRENCY QUESTION PRE-
sENTED BY THE EXECUTIVE COMMITTEE.
Washington, Dec. 1.-THE National Board OF
Trade to-day for its twenty-eighth an
nual ses sion. Ex-Governor Stannard, of ST. Louis
presiding in the absence Of Frederick Fraley' 81
Pm Apha, who has been president. Of the Board
since It's organization In 1868. The Executive Com
mttee made It's annual report, which was adopted
without dissenting vote. On tho subject OF the
currency the report says:
Probably there is no subject which is SUI 81 sqSh
greet uprising in favor of sound money In 1896 wa
b be desreS the way Of permanent prospety
which condition is mainly due TO the fact that the
doubt. Overconadence as TO the continued influence
for sSed Of the defeat OF free silver at the asl
eleeecHIs a serious mistake While nara times are
undoubtedly a stimulus TO unsound systems OF
Gus friends Of such systems Will be entirely satls-
fed by a return Of prosperity. Hard times when
ediy been ,ed by interested parties 70 nst false
ideas into the minds OF many OF our people partcu-
come part of their political belief a spirit OF un
rest and dissatisfaction Ftin exists among such
classes. and there is no evidence that among such
has taken place anywhere in the country. In New
York or Nebraska the opinions OF the dissatisfied
are now practically the same as before the election
bun a form and natural sequence Of the greenback
heresy, the tendency IS TO become hat
FORM shows HSn has become
theory of public policy and conspicuous tenet IN
the doctrine OF National political party. The only
way meet IL is BY persistent education, for which
purpose OF the sound money organizations
have been continued and National formed.
though without very much popular interest or sup
port. and by the adoption of sound financial
policy including not only coinage, but banking and
currency. While our present system exists, there
Is the ever-impending danger of repetition OF
late financial difficulties when the country would
be at the mercy of those who do not have its best
interests heart In the absence Of careful atten
ton in the mean time unless by some very unex-
pected contingency we shall have Unprecedented
degree of National prosperity the time OF the
next general and Presidential elections may
expect he fat money issue the issue Of the
campaign.
one of the most important reports presented and
adopted that OF Jonathan A. Lane OF Boston,
on the reform OF the consular service. The re-
port advocated the extension Of the Civil Service
rules TO cover the consular service to the end Of
securing practical business men In the service
rather than purely political appontees. Another
important RECOMMENDATION was that hereafter i'm
porters be compelled to attest their invoices before
a magistrate OF the country from which the goods
are shipped. in addition TO their oath before the
United States Consul.
A report adopted from the committees on
Uniformity OF State Laws. which looks 70 tho uni
flying OF commercial laws in the various States.
The recommendations OF SUPERINTENDENT Wyman
for a National quarantine law discussed at
length and heartily Endorsed.
The venerable President of the Board. Frederick
Fraey. Of Philadelphia was. usual. unani-
mousy reelected.