The Washington times., 1904-01-20
SILVER DOLLAR
UNDER THE Ban
Board OF Trade Would Dis
continue Coinage.
MERCHANT MARINE WANTED
National Corporation Law Endorsement
Also a Observation-Disclosures Visit
the White House.

Radical changes in the present cur
Fcncy system. an adequate merchant
marine. Improvement Of the consular
service. and Endorsement OF q Tin pro-
viding for a national corporation law
We're the main features OF the rcsolU-
tions indorsed at the second days ses-
sion of the National Board 81 Trade.
a lively discussion. during which tho
charge was made that conflicting State
laws hinderod the work OF the associa-
ton was precipitated when a resolution
was presented indOrsing a bill now be-
fore Congress which provides for the
Incorporating. under a national law, Of
bodies u engage in commerce between
domestic and foreign States. Certain
members charged that such law is inn
possible under the constitution and
would conflict with the corporation laws
OF States.
Adopted by Close Vote.
Maurice Wise. Of New York. chairman
OF the law committee. reported that the
bill to provide a national corporation
law had been presented in Congress by
Representative Palmer Of Pennsylvania
after due consideration of its legal
phases. BY a close vote the resolutions
were adopted. The members OF the
board voted against Incorporating the
organization.
Change in the currency system was
recommended in the adoption of reso-
lutions. in part as follows. presented by
{. Stuart Patterson, chairman Of the
currency committee:
Resolved. To the end that during the
present r,r
mes Of the country may be placed upon
stable and permanent foundation. the
Congress Of the United States be urged
J. To enact such legislation as will
discontinue the coinage Of standard sill
yer dollars.
Authorize the coinage of the sill
yer bullion in the Treasury and the
recoinage of silver dollars into such
denominations Of subsidiary silver coins
as the Secretary of the Treasury may
deem necessary to meet the public re-
quirements.
To Maintain Parity.
3 Direct the Secretary OF Treasury
70 maintain at ali times the parity with
sold Of the legal tender silver dollars
remaining outstanding, and TO that end
to exchange gold for legal tender sill
Yer dollars when presented to the Treas
The resolutions further recommend
the repeal of legislation which limits
she retirement of national bank circo-
iaticn to a total OF 100000 in any
month of the year.
TO provide for an adequate merchant
marine the board adopted n resolution
approving the recommendation bv Presi-
dent Roosevelt FOR Il special commits
son to investigate and report as TO de-
sirable legislation
Want Metric System.
a resolution recommending the adop-
ton OF the international metric system
on the ground that the DEVELOPMENT OF
commerce is hindered by the present
system. was approved. J. r. Carter
chairman CT the committee on consular
service. recommended that this branch
be operated under rules somewhat SINH
FAR TO that Of the civil service.
T. r Wood. of Philadelphia. for the
commerce committee. recommended that
Q permanent committee OF five be ap-
pointed for the purpose Of conference
with the Department OF Commerce and
Labor to cooperate with it and to serve
as medium Of intercourse between the
apartment and constituent members OF
the board of trade The report OF the
the creation of this department and
recommended that cordial relations be
at all times maintained with it. The
report was adopted
For Higher Education.
DR.. HOLSTER. director of the Carne-
gle Institution. spoke In behalf Of a
resolution presented by the Pittsburg
chamber OF Commerce, urging the ne
cessity Of adding 10 the curricula Of unit
yersities and colleges a course Of study
for higher commercial education. which
shall embrace a knowledge Of modern
languages. political, geographic. and
economic science. together with a statis-
deal knowledge OF banking exchange
and transportation. DR.. HOLSTER said
that modern expansion requires more
thorough educational equipment be fur
nished in al matter relating TO bust
ness education than is now provided b.
the so-cailed commercial colleges. on
motion Of A. T. Anderson. Of Pittsburc
resolution was adopted authorizing the
appointment OF a committee charged
With arousing public opinion with the
view Of improving methods Of CONNER
cial education.
Measures to attain speedy transporta-
ton OF freight and passage OF Iegisla-
lion Cor the prompt furnishing OF means
q transportation without discrimina-
ZION between shippers We're approved
provisions for "a system 10 provide ,inf-
tformity In bills Of lading were recon
mended.
The convention adjourned at y O'Clock
70 60 to the white House. where in
was received by the President.