Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-01-17

Newly Elected First Vice President of the National
Board of Trade.
of being chosen to such an important Of
flee and pledged his hearty support TO the
work of the organization. Remarks of a
similar nature We're made by =. NJ. Estes of
the Nashville board of trade, who was
chosen second vice president at the cleo
ton yesterday. The firm of which Mr.
Swasey is member manufactured the
great Lick telescope and Mr.. Swasey is a
member of the Royal Geographical Society,
London; chevaler of the Legion of Honor
France: eX-president of the National So
ciety of Engineers, and X-:)resident of the
Cleveland chamber of commerce.
Resolutions Adopted.
Tie resolutions relating to the bank
ruptcy act and to the merchant marine
respectively, adopted by the board, were
as follows:
Resolved. That we recommend to Con-
gress that the present bankruptcy law be
maintained but so amended as to provide
the following additional grounds of re-
fusal of discharge from bankruptcy:
First. The loss by an insolvent debtor,
within four months Immediately preceding
the filing of a petition in voluntary bank
ruptcy, of money or property by unlawful
or illegitimate specializing betting or
gaming.
debtor of merchandise within four months
Immediately preceding the filing of a petit
ton in voluntary bankruptcy, the subse-
quent sale of such merchandise at a sacri-
fee and the making away with the pro-
ceedS therefrOm.
Third. The making. or suffering to be
made any preference of any kind in an at
tempt to defraud creditors.
Fourth The making of any intIntion-
ally wrong or false statement or state
mcnts to commercial agencies or other
wise fer the purpose and with the intent
of securing fictitious or false CONNER
ciai rating, and the obtaining of credit as
the result of such fictitious or false rating
The de!iNc:ance on merchant marine was
RESOLVED, That the National Board of
Trade approves of any legis alton which
VIII promote the national defense, create a
naval reserve. establish American ocean
mail lines 10 foreign markets, especially to
South American. Central American and
oriental countries and to foster and pro-
mote commerce generally, and to that end
ii recommends and earnestly urges upon
Congress the speedy passage of the ship
ring bill now pending in Congress, being
y, modified bill which was reported to the
Iouse of Representatives January 10, 1907,
by its committee on merchant marine.
Proceedings Yesterday Afternoon.
After The Stars report of the proceed
ings of the National Board of Trade closed
yesterday afternoon, the convention dis
posed of the report of the committee on
postal matters. 1t reversed its action at
several preceding assemblies and declared
against a parcels post system. Many
speeches were made for and against the
system. The committee failed to arrive at
"a conclusion ard a result two reports.
one an affirmative and the other a mega
tive, We're presented to the convention.
Seven members of the committee voted In
favor of the convention reaffirming it's
advocacy of the parcels post, providing 1t
could be operated without loss to the gov
eminent, and seven were against the propO-
siton absolutely.
Parcels Post Deliverance.
AS a result of the debate. which occu-
pied practically the entire afternoon ses-
sion. the convention adopted the following
by a vote of Al to %:
Whereas persistent agitation in favor
of the establishment in this country of
carrying system for parcels under the
direction of the Post Office Department,
modelled somewhat upon foreign lines. is
being urged in many directions: and
Whereas, the national board of trade
recognizes that circumstances in this coun-
try in regard to social conditions, length
of haul density of population, lack of
monopoly of carriage, improbability Of the
establishment of zone system, etc, render
an extensive development here of a par
cells carrying system, such as exists in sew
eral foreign countries, certain to entail
loss upon the government of most serious
proportions amounting tc many millions OF
dollars for equipment expenses and further
involving an operating deficit of enormous
proportions annually,
Resolved That the national board of
trade is opposed to any legislation looking
to the establishment of a parcels carrying
system in connection with the Post Office
Department of the country at this time
Officers Elected.
Prior to adjournment. at o'clock, the
convention gave it's unanimous approval to
the report of the nominating committee.
which resulted in the election of the fol-
lowing officers:
President, Frank d. La lame of the
Philadelphia board of trade; first vice presi-
dent Ambrose Swasey of the Cleveland
chamber of commerce.; second vice pres-
dent p. NJ. Estes of the Nashville board
of trade, and secretary-treasurer, w. r.
Tucker of Philadelphia.
The convention took a recess during the
afternoon to give the delegates opportunity