The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-02-08
POSTAL RATES UNFAIR
THE BOARD OF TRADE GOVERNORS
INDORSE THE LOUD BILL.
Other Resolutions Up for APPROVAL
Anti-ScaIping Bill Narrowly Es-
capped u Sanction.


The meeting Of the governing committee
of the Board of Trade last night was de-
voted almost wholly to the consideration of
the report of the committee on communica
tions and resolutions. There were COM
munications from many commercial or
ganizations asking for the cooperation of
the Board of Trade in many matters of
legislation. AS the result of of these,
the governing committee adopted the fol-
lowing preamble and resolution touching
upon the postal laws q
Whereas, There is at present quite
discrepancy in the postal laws. so far as
they relate to rates on newspapers books
. and periodicals and matter mailed by our
merchants and others to- the extent that
newspapers, etc, when sent to a postoffice
by a publisher or news agent are handled
at the ridicuousy low rate of, l cent per
pound while all classes OF merchandise are
rated at is cents per pound. and
~ ereas This not only works a great
INJUSTICE upon the merchant. but a serious
the cause of enormous deficits in the postal
accounts of the government, and
Whereas, We favor the enactment of a
law that will remedy all this. to the end
that all patrons of the Postoffice Depart
ment be treated exactly alike, and to the
end that sufficient revenue may be raised
to meet the growing demands of the postal
service; therefore, be 1t
Resolved. By the Indianapolis Board Of
Trade that we favor the passage of II. r.
1853, a bill now before the House of Repre-
sentatives and known as the Loud bill
which bill proposes a thorough remedy,
based upon absolute equality. and we re-
Spectfulfy urge our senator's ant' repre-
SentatiVeS in Congress to leave nothing UNI
done to secure the passage of this thor
oughly meritorious measure"
Another resolution asked for the passage
of House Bill 1855, providing for the APP
pointment of a tariff commission which
ties. Communications from other cities
urged the board to join in urging Congress
to take steps for the completion of the
Nicaraguan canal, and urging the passage
of the law creating a Department of COM
merce. The secretary was instructed TO in
form the parties sending these communities
tions that the board had already acted IA
vorably on both questions.
A communication from the National AS
socation of Merchants and Travellers, with
headquarters at Chicago, occasioned a good
deal of debate. 1t contained a resolution
condemning the interstate-commerce law
Intellectual, but not offering any relief
and asking the Endorsement of the Board
of Trade of the anti-scalpng bill now pend
ing in Congress. The governing committee
about to approve the report of the
struct the secretary to request Indiana's
representatives and senators to support the
BILL when G. c. Perry suggested that the
railroads were able to take care of them
selves. He cited instances where railroads
furnished tickets to scalpers themselves
and limited that the scheme presented by
the National Association of Merchants and
Travellers was a trick of the railroads to
he
Interstate-commerce Commission in the
powerless position it is now IN. The result
of these suggestions was the refusal of the
governing committee to concur in the re-
port of the committee on communications
ana resolutions, which recommended the
the National Association of Merchants ana
Travellers.
A communication from the bureau of
publicity OF the TranSmissfSSippf and Inter
natioral Exposition to be- held in Omaha
announced that a party Of men had started
from Omaha to make circuit of the prin-
cipal cities Tor the purpose of advertising
the exposition The special train Will pass
through indianapolis in ten days or two
weeks. The committee on arrangements
was authorized to entertain the visitors.
A communication from II. II. Hanna
thanked the Board OF Trade for its part
in entertaining the delegates to the late
monetary convention, and the Board OF
Trade i'll turn adopted resolutions thank
ing the Indianapolis Maennerchor for the
uSo " AtS StuDtlotSt ana tue dSSlSldilCe Oh
its members in entertaining the delegates.
A long preamble and resolution from the
Chicago Board of Trade was read and in
dorsed. 1t urged Congress TO pass House
bill No. $3.50, being the bill prepared by the
indianapolis monetary commission. The
secretary of the Board of Trade was in
structed to ask Indiana's representatives
and senators to support the bill
Hughes d Co., of New York, asked the
board to ndorse the project for the estab-
lishment of an American Bank. The
communication was received" r. $. Fos-
of the National Board of Trade, the duty
of which shall be to obtain new members
of the national board The State Board of
selected c. s. Denny as an advisory men,
Der of that organizations representing the
Board of Trade. The governing committee
ordered an assessment made for the benefit
of the heirs of James L. Fugate, deceased,
and elected Willis T. Esugate to the va
cancy,