The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-23
NATIONAL BOARD OF TRADE.
The Thirty-frst Annual Meeting
Opens at the Shoreham

The Thirty-first Annual Meeting
Opens at the siorehnm.
The thirty first annual meeting of the
National Board Of Trade began yesterday
at noon, in the banquet hall of the Shore
ham, in the presence of q large atten-
dance of members from all parts of the
country. In the absence of Frederick
fraiey, who has been president OF the
board since its organization, and is now
niHc;y-seven years of age, E. o. Stanard,
OF St Louis, Ex-Governor of Missouri. &C.
cupied the chair with Secretary W. p.
Tucker having charge of the records. Pre-
vicus TO the opening of the meeting the
Executive Council of the board held a
meeting. at which E. o. Stanard presided,
and matters were discussed relating to
| the business to be submitted for discus
sion, as we'll as the report Of the Execu-
tive Council. Ex-Governor Pattison, of
| Pennsylvania, was present as a member
| OF the Keystone State delegation and is
expected to make a strong fight against
the Ship Subsidy bill. which is to come up
| for consideration.
Delegate Dousman, of Chicago. intro
! duced MIR. Stanard. who made a short adj
dress. in which he expressed his regrets
at Mr.. Fraley's inability to be present,
| and thanked the members for having con-
/ ferred upon him the honor to preside dur
.ing the deliberations of the board
committee of five on credentials was
appointed. after which Secretary Tucker
read the report of the Executive Council,
/ in which he outlined the work performed
during the past year of the Executive
Council. He said in part:
This meeting will be called upon to
again express itself upon the question of
increasing and Strengthening the Ameri-
can merchant marine. While little diff
ference Of opinion will exist as to the
wisdom OF the proposition as stated, the
method to be pursued in securing such
an increase, whether under the plan sug-
gested by the Ship Subsidy bill or by
some radical modification OF same, will
doubtless give rise, as in the past, to
considerable discussion. Notwithstanding
differences of opinion as to the advisa-
| biiity of colonial expansion, the fact re-
mains that this country is now respon-
sible, and will be in the future, for
large amount of additional territory and
& large humber of inhabitants which were
not before under our protection. Under
this condition of affairs, it behooves us
as merchants and manufacturers to con-
slider we'll what are our opportunities
and advantages in these new relations
and how best we may profit by them.
The trade with and by means of these
new dependencies, particularly in the Far
East, has not heretofore been with this
country to any great extent and under
the subject of the extension of American
trade the matter may be fully consid-
cred and such wise plans adopted as will
prevent other ne lions, who have no
rights equal to ours, to profit by our
investments aud colonial policy. A more
pronounced demand is made for an
amendment. to the War Revenue bill, now
that the object for which the law was
passed has long ceased to exist. The
tax upon sales made at boards of trade
or chambers of commerce seems most
unjust and burdensome and unwarranted
by any business or economic conditions. |
The failure of Congress to act in the |
matter OF the Isthman Canal and De- |
partment of Commerce and industries |
iuily Justifies the appearance of these |
SUBJECTS on the programme.
The question CT amending the Interstate |
Commerce Law has called forth sugges- |
tions from twenty odd associations. show
ing eonelusively that this is question
In which the business element of the
country is greatly concerned. A large
majority of the suggestions favor the
adoption OF the amendments proposed in
the Cullom bill, which is now on the call
endar in the Senate. The meeting will be
called upon to again consider a num-
Der of resolutions in reference to postal
Government readjust the railway mail
rates. The meeting in discussing this
topic Will doubtless give due weight and !
consideration to the report of the Joint
Commission of Congress upor the charges
made as TO excessive railway pay tor
carrying the mails.
The treasurer's report which was read,
showed receipts of 1852. and a balance
in the treasury of s479,2S, and was adopt
ed.
resolution was adopted that the daily
sessions OF the board begin at 10 o'clock
a M, to sit until 1870 p. m, to resume at
$50 p. m, and to sit until p. m
Mr.. Murray presented the name of Fred
erick Fraley, of Philadelphia, for presi-
dent of the board and moved his unani-
nous election, which was agreed to.
EA-Ia.- Francis, of Missouri NOV
Ee ment of special committee
subject of celebrating the
-1 .Hr anniversary of the purchase
.Et lar'e ma tract The motion was
.4l ,as
lte bbers' Association. of Bos-
-, the Manufacturers Association, of
New York, and the Wheeling Board of |
Trade were admitted to membership.
The deaths of S. W. Giddings and James
Buchanan were reported, and fitting reso-
utions passed. ,
The delegates representing the WASH
ngton Board OF Trade are S. ". Wood
ward, F. L. Moore, DR.. A. P. Pardon, and
George Truesdell
The board will meet at 10 o'clock this
morning, and receive reports of the vari-
,us committees.