Evening star., 1898-12-14
One of the Topics Discussed by Ma
tional Board of Trade.
SESSION TODAY IN THIS CITY
Proposed Reduction in Internal
Revenue Tax on Spirits.
THE VIEWS ENPBE : F ID

The second day 5 session Of the twenty
ninth annual meeting Of the national board
of trade WAS opened this morning at IT.
O'cIock There was a good attendance of
the members in the banquet hall of the
SEoreham Hotel wnen the presiding officer
raped .or order. \ number Of the COM
mites OF the board We're in session during
the morning and in some cases the sessions
were prolonged. and a result the men,
hers did rot get To the meeting in time.
However they came in before the proceed
iuES hdd advanced very far.
The subject first considered was embodied
in a resolution offered by lie New York
board OF trade and transportation urging
upon Congress the grave Importance OF en-
acting rational trademark registration
IJw- This resolution was adopted.
From the same body came another reSo-
lutiOu which WIS next considered, favoriHE
m" adoption OF an American system of
navigating naval reserves and urging upon
congress the passage of a law providing
tor -hC creation OF tn. same.
In advocating tins resolution Mr.. Waldo
Smith of New York spoke Of reading the
proceedings Of the board of some twenty
i've years ago. wneu The same subject was
under consideration. lie quoted from the
debate remarks of members who said there
was no necessity for such n measure,
this country had just emerged from the
civil war Ind would never engage in an
other
The Naval Reserve.
on motion Of MIR. Patterson of Philadel-
phia amendment was adopted to in
dor~e th5 bin now pending in Congress pro-
vidjns for a naval reserve.
The next resolution which was adopted
was also proposed by the New York board
Of trade and transportation, and designed
TO add TO the definition of mixed flour in
the internal revenue bill the following:
But not 70 Include self raising -four to
he used without further admixture of salt,
1t
paper packages only. and not TO exceed
SIX pounds i'm each package
Mr. Kline OF Philadelphia called atten-
ton to what he said fact that there
are as many irregularities in the waS reve-
nue. bill i'm regard to medicines, not merely
patent medicines. as there are in regard
to flour He was not opposed to this reso-
luton. however. but he merely wished to
place on record that fact.
Mr. Thurber Of New York said it WIS
generally conceded that there were irregu-
larities all through the war revenue bill,
owing to che hasty manner in which II had
been drawn. Il was the intention TO cor
rect these as far aS possible.
Control of MonopOIies.
From the committee on the control Of
TonoDoIies Mr.. HaIpen of Philadelphia re-
ported the following resolutions:
THAT combinations Of persons and cap
ital tending 10 the increase or decrease Of
prices 0I articles required for general pI)-
lie use and which shall stiffe fun and free
competition. are To be deprecated.
That 50 FAR as II may BE- consistent with
iuH liberty " trade, Congress is hereby re-
qIsStea 10 use is power 10 prevent such
eOTUJ.ua lions
The secretary. bv permission, at this
stage, read a telegram from Mr. Frederick
FTaley. the president Of the board in re-
SpOnSe - the greetings telegTaphed him
Yesterday by oIder Of the board.
Minority Report.
Mr. Waldo Smith. As a minority of one
u the committee, rssrun!ng consideration of
the pending question, reported that it would
be iuaisisabie~to make such a recomrnenda-
ton {" Congress as the members of this
b0Iy were engaged in trade. The effect of
The resolution l. simply to ask Congress 10
restrain he members of the board from
putting their hands into the pockets of
t'tLer people. u might ne appropriate for
labor organization to take such action In
regard % trusts he said ne did not believe
slcA q ,hlug vas in existence in this coun-
~ 2lt There are combinations. He thought
IN" sherman trust act was all Congress
could do on this subject He said that in
~sEeHt cen states antitrust laws were passed
ana IT, sixteen OF them they were declared
unconstitutional
Effect, Not Cause.
Mr. Berry of Chester, Pa, said that
trusts wtre an effect and rot cause and
tri't they were the result Of an effort to
maintain prices. There is a tanoorarv
remedy. and tnat is to restrict productinn
But the remedy that ne believed was the
real one was to increase the volume of
ths currency.
This declaration Of his welI-ls known views
on the financial question was greeted with
much g'od-HaJured laughter by the mem
bers Of the board. who had listened to Mr.
Berry remarks with interest.
Statistical showing
Statistics were quoted by Mr. Thurbcr Of
New York which tended TO show, he said a
reduction in prices "f oil and sugar since
the formation Of the trusts controlling
those commodities. lie expressed the hope
that the resolutions would not prevail.
The opinion was expressed by Mr.. Stone
y 'Aicago. no favored the resolutions that
me REDUCTION IN the price Of oil was not
au" 10 the combination, but to the increase
u the production. and he thought if il was
not Tor the Standard OIL Company. the
pfl'e OF oil would DE much lower than it is
The resolutions were lost Nv a rIsine, vote
o. - 10 II which was not a two thirds vote
= l@N"I "i the resolutions. Is required by
Dr. a. p. Pardon Of the Wasbinato,,
LnaEd OF trade presented On behalf OF pre-
laent hitmau oI Columbian University
an invitation to the members of he b-ard
20 attend lecture TO be given this affer-
noon al > O'Clock In the hall Of The mi
Neisi,y Dy Mr. John W, Foster On consular
relations. The Invitation was accepted.
Gnu q il'IAprE ci the committee of the
board on consular relations wss dez.gna "a
TO specially represent the board o. rbat
occasion.
Revenue Tax.
Mr.. Hobart Of Cincinnati presented The
report q the committee favoring a reiuc-
lion pf the tax on dis He'd spirits from
$40 per proof gallon 10 20 cents. as the
latter. tbg report stated, WAS the highest
TeFsHu.- producing point The report re-
i-rret 20 the encouragement which the
higher Fst= gave 10 .,ishcnes sty. and refer
@n,t was also maze to the same conditions
~ The course Of some remarks ny Mr.
t1urb.- OF New York
The board refused 10 adopt the report If
ne "'IrHl-iet @ni the resolutions il en-
Pcll-i 10y a rising vote of 10 to %