The times. [volume] (Washington [D.C.]) 1897-1901, 1900-01-26
THE Final session Held
Adjournment of the National Board
of Trade.
Much business Transacted by the
OrganiyatiOn-A Gable Line TO
standard, and mn international
Monetary Unit FRyornbIy Acted ON.

| Inc National Board OF Trade held It's
final session at the Shoreham yesterday,
adjourning at 1870 o'clock in the after
noon until the fourth Tuesday in January.
1861. This year'c session of the board is
regarded by its members as one OF the
most enjoyable in the history of the great
commercial. body. Business of much i'm
portance and interest to the general pub
| lie has been transacted. and a spirit OF
fraternal good fellowship has existed
throughout the session to a gratifying ex-
tent
At the close OF Yesterdays session the
members OF the board expressed their
thanks 10 the officers of the body for the
courtesy and leniency shown them during
the session, and TO the press for their ac-
curate and impartial reports of the pro-
ceedings. The thanks Of the body were
also extended TO Mr.. Devine, the proprie-
tor OF the Shoreham, for the use of the
banquet hall as the place Of meeting for
| the board, which finally adjourned after
expressing gratitude for its hearty recep-
ton in Washington.
The board convened at 1890 o'clock yes
terday morning with former Governor Of
Missouri, Mr.. Stanard, in the chair, and
DuSiutSS was TRANSACTED.
Mr.. ii. f. Preston, of Boston, presented
the report of the committee the Cuban
| cable, recommending that the board take
adequate measures TO induce Congress to
make the necessary appropriation for the
establishment of cable line between New
YORK and Cuba. The report was adopted.
Mr.. +. b. Thurber, Of Boston, presented
the report OF the committee railroad
transportation. asking the board to urge
Congress TO act favorably upon the bill
now pending. which amends the bill regu-
lating interstate commerce The report
offered an addition TO this bill, relative
to the right of railroad corporations TO
form associations for the purpose Of fix
ing transportation rates and freight CLASH
fcations. After a long debate this report
was finally adopted.
Mr.. Anderson. of Pittsburg, presented
the report of the special committee on pos
tai rates. in favor OF the immediate estab-
lishment OF the 1-cent local letter rate OF
postage, which was unanimously adopted
by the board
Mr.. Anderson then recommended In be-
half OF his committee that the board re-
&C lsider their vote on a resolution in last |
years postal report in which several sta |
tistical mistakes had been discovered. This |
was followed by lengthy discussion, |
offered by Mr. Raymond. of Detroit, to |
the effect that these technical errors did |
not materially affect the merits OF the
resolution, and that the board should mere
ly recommend to Congress fuller inves-
tlgation on the subject OF mail pay with
a view to a material reduction in the rates
charged by the railroads. This resolution
was favorabiy received.
In the afternoon session, commencing |
at 2:30 o'clock the first business before
the board was the discussion Of the rerc-.
Of the Committee on Reciprocity With
Canada which was read Just a. the close
II the morning session. After a ious de-
hnte, in which several substitute resolu-
lions were presented for the one % the
committee, which provided that the board
recommend 10 Congress the passage Of G
BIZ allowing for the drawing 10 o. reci-
proeity tra..-....a foreign Powers The
report Of - -S'-ss'.,ssft ter wus adopted
Mr.. Carter. Of Boston. tssn presented
the report OF the Committee on Banking
and Currency. THIS report presented 10
The board the urgent need OF the establish
nent OF gold standard Of currency. and
urged that the board request Congress to
take favorable action on House bill /. in
favor OF the gold standard. This report ,
vas unanimously adopted.
Mr. Kelly presented resolution eHanat-
ng from the Phllauelpnla trades League |
IN favor of establishing permanent com
nercial museums, to contain valuable col
ections Of foreign trade samples for the
benefit OF all American trade bodies. The
board was strongly urged 10 bring the
matter of appropriations for this purpose
before Congress. This resolution was
adopted by the board.
Mr. Ebersole, of Cincinnati presented the
-epor; Of the Committee on Forestry He | :
iealt with the rapid disappearance of the
arge forest tracts in this country. and
Urged the establishment of a separate Cow
department of forestry. This de-
,artment is to have the care and prescrva-
ion OF such tracts OF forest land as shall I
De set apart as parks by the Government.
The board adopted the suggestion, and will
bring the same before the attention Of
congress.
Mr. Murray. Of Cincinnati presented the
pecial committees report on agriculture,
which was adopted by the board.
committee was appointed with Mr..
Murray as chairman, to confer with the
Government officials on the subject of es
monetary unit among all ma
ions. in order to facilitate international r
relations.
After few minor resolutions, all adopt
d by the board, the meeting adjourned |
ccepting with gratitude the invitation OF
Dr. Pardon. In behalf OF the Washington =
Board of Trade, to all members of the
ther associations to the free use OF the
ocal boards rooms for business purposes. |
weak wen may have our
le-..