Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-05-14
LEAF TOBACCO MEETING.
x.,sonmr hoard of Trade to ne
Formed.
philadelphia Telegraph-i2th.)

fplfiadclpnia IeitStdph-l-ti.J
Ieaf-tobacco dealers from various bust
moss centres OF the country will meet In
this city on a week from Monday to form
a national Ieaf-tobacco board of trade.
Much of the delegates time VIII, OF
course. be occupied In attending to the
business details in connection with the
formation OF the organization, which In
the future promises to be most potent
influence for the good of the leaf-tobacco
trade. In their leisure moments, how
ever, they will be given the opportunity
to inspect the principal places of interest
in the city, and will be royalty entertain
ed by the members of the local Board OF
Trade.
AS yet the programme for the meeting
has not been definitely determined upon,
but as roughly outlined thus far 1t Is as
follows:
Monday the 22d-Business sessions from
II A. NJ. to +. NJ. and from i. NJ. to
$50 p. NJ. The remainder OF the AFTER
noon will probably be taken up with
drive through the park, and in the eve
ming will occur the banquet. This latter
will be a most elaborate affair, ana VIII
be participated in by nearly all the Phila-
delphia leaf dealers in addition TO the
visiting delegates.
Tuesday. the 23d-Business session In
the morning. In the afternoon the visit
ors will be taken down the river In a
steamboat to the League Island navy
yard, and then back to Cramps ship
yard The two days events will probably
be brought to a close with planked
', shad dinner on the Jersey river front.
The arrangements are all in the hands
OF Philadephians, and no efforts are be-
ing spared TO insure the success Of the
affair. The Entertainment Committee is
composed of George w. Brewer. Jr.,
chairman; William III. Dohan, Adolph
Loeb, Morris Rosenberg, J. 5. Batroff, f..
A. Calves George Burghard, and Jacob
I.abe. The banquet is being arranged by
committee consisting of Walter c. Will
son, A. C. Eisenlohr, Felix Eckerson, Sol.
Loeb, and Harvey Hirschburg.
PHILADELPHIAN FOR PRESIDENT.
One of the first acts Of the delegates
will. OF course. be the election of perma-
nent officers. There has been no official
slate prepared, but it is a foregone con-
cluson that John r. Young, OF this city,
will be made president Mr. Young does
not covet the position, and, in fact, would
be very well satisfied to see il bestowed
on some one else, but owing TO the prom
inent part he played I'm a successful fight
recently made against a ruling Of the In
ternal Revenue Department compelling
leaf-dealers who sell tobacco I'm lots less
than a hogshead or bale TO take out a
manufacturer license the other dealers
have decided that he is just the man for
the place.
There will be various matters TO come
before the leaf-men as soon as the Ma
tional Board is organized but one of the
most important will be that dealing with
the lightweight law This clause in the
Dingley bill provides that on tobacco
stored in a bonded warehouse. dealers
must pay duty on its weight at the time
Of entry instead Of at the time of It's
withdrawal. The hardship imposed by
this provision will he readily understood
when il is stated that tobacco Is often
allowed to lay In a warehouse for year,
and that in that time there Will be
shrinkage in weight Of from to per
cent This means a loss to the dealer OF
from $l2 to slS per bale of 10 pounds Su-
matra tobacco, on which the duty is sl.S
per pound; and corresponding though
smaller loss on Habana tobacco, the
bales Of which average 10 pounds. but
on which the duty is only % cents per
pound The dealers will seek TO have the
law altered TO read as IL did under the
Mckinley and Wilson bills-namely, that
duty shall be paid on the weight at the
time OF the tobaccOs withdrawal.