The herald., 1898-04-12
BOARD OF TRADE
ANNUAL Meeting HELD LAST
NIGHT
PRESIDENTS REPORT
REFLECTS GREAT CREDIT ON THE
ASSOCIATIONS
THE ELECTION OF DIRECTORS
The New Directors Will Probably
Meet Today to Organize and
Elect Officers

Meet Today to Organize ana
Elect officers
The annual meeting Of the members of
the board of trade was held last evening
at o'clock. President r. M. Daniel was
unable to be present on account Of sick
ness. A finance committee consisting OF
Messrs w. c. Hunt. chairman; r. A.
Levy, Theodore l.. Stassforth, l.. c. Harry
and George c. Hill was appointed to report
on the books of the board for the year. The
following directors were declared unani-
mously elected:
p. M. Daniel, John s. Thayer, M. A.
Newmark, ]. J. Bergin, Max Goldschmidt
and p. H. Mathews.
PRESIDENTS REPORT
The report of the president was read by
the secretary and was, in brief. as follows:
1.-THE directors have held twelve regular
and six special meetings. Early in April
the directors drew the attention of the
chief of the weather bureau to the advisa-
bility of establishing local forecast office
In this city, ana as u result the observer
in this city was authorized to make local
forecasts and to publish the same. Later
in the month six delegates were appointed
from the board to the pure food congress
at San Francisco. Two delegates attended
and reported that much good would result
from the same.
In May resolutions were passed asking
our representatives at Washington to lay
before congress the matter of abrogating
the treaty between the Hawaiian islands
and the United tSates which provided for
the free entry of raw sugar into this coun-
try to the detriment of our beet sugar in
dustry. This action seemed wise to the
board, not only because 1t would help
build up our industries, but also because
goods bought by the Hawaiian islands
were obtained in the cheapest markets in
the world without regard to the reciprocity
treaty.
Our representatives were also urged to
use their efforts to defeat the passage in
the house of the Nelson bankruptcy bill
The board has on several occasions ex-
pressed it's approval of the Torrey bank
ruptcy bill. The Nelson bill would fail to
give this country what it needed on ac-
count of Its many weak features. On the
resignation Of Messrs. Mckinley and Graft
as attorneys for the board e. 7. Dunning
was elected to fill the vacancy. The SER
nently satisfactory. His careful and pains
taking labors have been of great benefit
to the board.
CONVENTION HALL NEEDED
I'm June the directors of the board in
vited the National Educational associa-
tion to hold its annual meeting in Los An
geles. committee was appointed from
the board to act with other committees
tn f1a affp t.~ q =
association. Although a strong effort was
made. We were unsuccessful. would ad-
wise the necessity of providing In this city
a building furnishing ample accommoda-
tions for the meetings Of large conventions.
There should be no delay in this matter.
Five delegates from this board were ap-
pointed to the International Gold Mining
convention held in Denver in July, 1897.
In July the Transmissssippi Commercial
congress, then In session at Salt Lake
City, was invited to hold it's next session
in Los Angeles. The other commercial
bodies of the city Joined in this invitation,
but 1t was not accepted. trust that it will
not be long before we shall have the honor
of entertaining this organization. At the
same time action was taken to secure the
later running of cars on the lines of the
street railroads in this city. The request
was granted. The new order went into
effect on the first inst.
In August a committee was appointed to
act In conjunction with like committee
from the chamber of commerce and Mer-
chants and Manufacturers association for
the purpose of arranging, IL possible, for
the erection of building to provide suita-
BILE accommodations for these and other
public and semi-public organizations in
the city and Southern California. 1t was
also suggested that this building contain
q convention hall. 1t is tg bd hoped that
they may be successful in the undertaking
as soon as practicable. In August a repre-
sentative of the board was appointed to
attend the National Irrigation congress at
Lincoln, Neb., in September.
DISCRIMINATING RATES
The board called the attention of the
6outhern Pacific railway in September to
the fact that rates given to shippers In the
northern part of the state Disseminated
against jobbers here in shipping to inter-
mediate points and requested that the
rates be amended. Resolutions urging
congress to create department Of com
merce and industry were adopted by the
board in October. believe the United
States is the only great commercial nation
not having special department in its gov
ernment devoted to this particular line of
work. The presidents report expressed re-
gret at the death in November of c. F
6murr, late freight traffic manager of the
Southern Pacific company.
THE creation of traffic commission, as
introduced at the first session of the Fifty
fifth congress, was recommended by the
board In December. This is an attempt to
take the question of tariff out of the do
main Of party politics, and, think. a move
In the right direction. At the same time
the board adopted resolutions against the
annexation of the Hawaiian islands, for
the reason that such action would be det-
rimental to the best interests of this coun-
try. l believe that no other country should
be allowed to annex the islands, Resolu-
tions were also adopted at the same time
urging the president and congress to in
crease the artillery force sufficient for the
proper manning of our seacoast defenses.
am thankful to be able to say that this
action was taken, as the wisdom of it to-
day cannot be doubted.
'Resolutions of regret at the death. In
February, Of Mr. Thomas Stimson were
adopted by the board.
I'm February the board sent a protest
TO washington against the modification
0f tho civii service act. 1t Is q matter Of