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2 THE CHICAGO DAILY TRIBUNE: WEDNESDAY; OCTOBER 22, 1873 taclt, nnd may bo onforced by any romody when oz Inting or thoreaftor provided, ~ Buch at least AcomA to Do logitimato conclusion from that comimon law* which 15 rakd Lo bo * common #enwo, " Woaro by (hin rosnoning lod to ollovo that tho - $Hof Wo saok [a Lo bo obiatned 1ot #o nuch by the estad--) ment of now rules or tho imposition of now dutles gu !fllf. PNPOROEMENT OF THOSE ALOUEADY EXIATING, T Altort, tho cotmnon law 1At bo mobilized, aiid, {rraddition to lin nnclontarmu, now and more eilective Wonponn, dealgned to offoct thio orlghunl purposs must o bronght Juto use, o aa to fally meot tho prosunt canditions, s An far-s» frelght tarlfa aro concerned, it Is tald aown by, compotont anthoritis, snd . cattiiot but ho evidont fo any ono who will Foflck o -tio - - Sect, thntto Nz genoral. taria inilozible o n cousld.. erahlo gerlod, which muat be the case if thoy aro ‘created by tho' Leglalaturo, with 10 provislon for mod- ifcatior, seos o Lo FHoLLEICERICnOinL, - M Tho oxporiencs ‘of. rallrond legisintion - foi forty scara, throughoitt tlio world, wherevor it Jiis een® Attomjtod, showa thnt 4t hna_alwaya fatled, ; -What in gessoinblo for one road {8 hot for 'amother; What would bo . remsonablo iu omo Son might Do vory © burdenkomo at another; peas Of war, famino or plouty, tho state of tho fonentio or forelygn ‘markots,-the ourrcnt of trafllo st &fferont season, anid many othor conditions would oiteelnp vaat, fnfluenco upon . the praper adjustment fsuch tariffa, ‘Rowonablo masimum ratos® whicl pust bo bigh euouglh to_ avold much fuctitioy bt Jrtaln and controiling canditions, nud_high cnough 360 to afford raflroad vompunics ressonablo compoil= satton t5 at wnfavorablo_catditlon of busiuess, would Donsces 1o complato aridl matisfactory forcs to yovern {iza chirgos of rallroud compauics, whose tarifT would Fuost of the timo bo volunturdly imude fur within tho timils thua eatablished, To fguoye tho offurta and oxperlenca of tho wholo world through its difforent fornis of goverument, Fluco Fifironds woro {nventod, and to fix ratcs by Biato or Kotional Ingisiation, which sbiall control undor il tho warylug circumstances of tho country, would scon to bo Adle Aud baurd, b“j:.!;uu somedy for the evils rulating to internal \riwporsation, of whicl th public complali, s beoy Suaiod, ko that e, thnt tho DI e, 'CORQUESS OF THE UNITED BTATES uld oxesciao thie_power suppored to bo conferred Ul exer astibutional provislon suthoriziug it anon oY, conmorco between tho sovaral Biates, Two o S O enily. boon profosed by means of mothods o aliould attatu 1o desired oad. (Ouo {8 T ascribe by Iavw the salon fo bo clinrged by A rale Poads for tho earriogo of persons aud property bo- bt B eoun objoctions o this.mathod will readily ocane to Ay ono who wuy roflect upon it, Tho first i P atio an that lready stiggested to ilo fizing of 1o e by Btate legisiation, nud tbia objection applies Ll greatly incroused forco 10 tho fing of such tariifs Dy National legialation, - As the oxtent of tho roads 10 be roguiated, . sud ferritory which thosa toads nccommodato iucrense, sud tho relations 6" tho" yarions linen of transporiation to cach Oler and fo tho wlolo .country. grow moro compii- 2X¥ed, tho diniculty of iziug any eystoni of Fatcs by &~ <oF by any publie nutlority Incresscs porliaps in Taw N Fdomatrical ratio, until the hope oF Teal IOrS 1. Ay fich monsuro cunuot be reasuuubly ens 2o nubjuct 18 too vast, tho interesis t0o digns too complox, i o chauges do- Snerojol Buctuations too frequel manded b el of Tuce eatablinlicd arbitstlly by {iv to bo atliorwise thatt lmrui:,% h:m to flu“r':Ll;r}:r:xd:l T o' tho public,—to_ {ho raiirauls, boeass wntes Sortain couthugoncics of business tho rafes chtablishod Sntlonunti,—to th public, hccatisp for fes b {6 fuo ruitzondn Just moitioned thia raica go- tabiiahed wil upon tho wiiolo, and oxcopt widor cef- tala contingencies of usiness, bo too bigh, andthus Aitord to tho railroads legui Juatification for.oxcovsive clinrges, 5 el tho groat burilen fmposed upon tho pu e o ehangos by raiiroudh for {rausporiation Voutt ot upo: tho iner-State commorco which plouo Tt o Teguiatod by Congreas, birt upon tho cliafges for fochl tratportation witin tho ecvaral Biaten, With whiich Congross has no powar. whitever o intesforo, - SFrom this statomont it s apparent thut : y WO CONGNEAIIONAL LEGISLATION 4 eeded or can bo useful, Tho through pstes on oll 155 groat paitroad lines, from tho sunbonril 10 to fu- U0 Bt tho country, nro uot subjeot of geieral comn- tea 2 a therefors o Congressional juturforence Dy i ronuired, Tho oxcoakivo chiuries for b o et Tobt upon tha local busineaw, whicl Iy mmx;o ‘wholly ¢ranancted within the Blata oy ‘Which tho Soveral aiiroads aro shrlored: Wt o sogulation s nothing to do. af this Congross b B NS0 fuz publlo Talot s that Gongrous should cithor authorizo th building of rafle o 10 bo owned and monnged by the Geueral Gove Srnment tsclf, or by corporations created b Fedoral P iimation for'that yurpose, 1doot dwoll upo tie ALl ections shich Linvo beon muggested to (Lo power of Tongrens (o nutharize tho coustritction and TIanBEo- o iiroads by tho General Goverument. I Ut o8, Jonst {o bo “very oubiful whethor ho power o o f suels. commorelal ontarprises o s St o cannt gxistn 3 Lt Lowevar that misy b, tho Geno Hiency of exerciing auch 8 power, s3ou If L SouId e + for » momgtit bs_ppholds proval fo cxist, cannot for w mamit bs WG, 30 Jeifective, act ono_toad, but sueny” reie B L e tencted, reaching {hcbughout tho wholo tertitory af tho Unlot, Tho yatroushe 66 Lot iola"fourd i the v, lieady 80 great s o uxalto perlous fours A tho A of nll uoughtful ey, would bo incroased mafl TR fhg opportunitiua for corruptionuot aniy fn the Sousiruction of tha ronds ut evoriioro in s munnge; ¢ weto bullt, would ho multip! e eniation Ad tho utorfurenco with tho cap joncstly ndmiuistered, 4 ] e iaca thowmncivas, but destructive 5 Sonfidenco in future nvostmouta. ‘o roads e Of oposed to bo bilt by tho_Guuoral Goverument, it e e to b operated ut sptos of churga only wufll n 1o covor cost of mafntennnco and _working, sud Teimburas th capital juvested. Tits I8 f0 mk &hioral Govornment to onter (lie Al pere oats gomuerelal DUTpose, NOF to ac o i commorelalpriucipies, but to use tho Y apic's monoy to tons already existing, A }1."’1’."5&5",‘,?;';?“;.;; osrusiion fad coutrol, Lva nover- B g a0 milel to promoto tho gerieral wolfaro helens do &% aa have boon consiructed by tho in- St stimont of yust mnounts of actual capital o Just pro- teetion, psn] ¥ Jon {s that *Congross should chartor Tal o e D ams, and ‘aulliorizo {bom {o_eoustruct O ve ouud great liuce of futer-Btato communica~ B0 Baine objection which waa suggested to tho i of constructing railrosda by tho Government e Cfhio Incrouso of patiownd patromge, spylics ta e tough perhiups in a less degroo tunn the otlier, Bul'snothior ‘dliticulty fccms to by fusurmountable, T “publio complaia ihat railroad corporatious nro e aod with b viow o oxcossivo gnfoa for tho stock- D ou, O corrupt prolia for the elicera, without xo- oL o rights aud interesta of tho publio, Tuis, to T A0 axicnt, in doubtlcss truc, and is tho real root 60 ehieh iost of th ovls comylaluod of spring; pposed that thero I any s e EATINE GAS oot o creating B Tuiln o e o o sl redy siockboldor or ita'corrupt Bificiuls into ungols of benoyoloncoaud purity 2 Tt s been frequently sald_in recent discuksions on Hueso toplos thut exporivuce shiowe tbat compolition be- e yival linea of toad cunnot bo rellei ipou to keep churges for transportution ot veusonablo ratps, Waly- fulg for thio prosont tha consideration whetlier thiu goti- flusion 1s true or not, would o Tailroad corporation Ereated by an act of Uougress, butowncd and managed by 1rivato stockhiolders, bo llkely (o nct differently in By Foupert - than would tho samo toud ownod by the o & sibekbiolders though crcutod by Stata putnority ¥ Pt question auswors itsclf, and shows that all bops of Teliof- from corporutions created by act of Oongress ‘must bo Llusory. Tuero is atill # nother objection fo tho plan proposed of CONGTRUOTING NATIONAL BATLEOADA I thoy are bule uy private capital tholr_ churges will ot be less tlun those wade Uy otber rouds Heallarly constructed 3 but if buflt by the funds 3¢ the mution, ond operated withont s viow {0 yroit, how vastly must the National dobt, slready 40 Yurdehsomo, bo lscressed. Such systom of ronds, 15 o oflicient' for tho conrol of tho rates of all the Exiating rouds of tho country, vt bo coesteusive ith tto country iteolf, and will fuvolve the oxpondi- furoof mauy lundreds, snd porbaps thousands, of tniiliong of dollars, It thay weil Le doubted whothor tho saditionul publlo burden Tuposed by the Tnterut ou such an increussd debt would not greatly ‘oxcead iy relief wiuch might be derived from te expected tolapelition of suca u systom of nationsl rullroada il tiouo already pxliting, M Anotiiur couslderution fn thls connection i worthy of notlcs, . Fhroughout nearly the whole conntry, and eapecially ‘$n the \West, raltoads huve alresdy beon fhiit in advanco of the “equirements of businoss, 310my lines, aided by the viclous system of MyxioLPAL’ BUBSONIPTIONA AND CONGRESSIONAL BUD~ AIDIES, ; by tho improper 1ssug of bonds aud atock be- o BlR 7 L0, huvo boen bukt 1n_ocutions whero ua E oy aro ok required, uud cannot carn 8 reuson T nat lipou thelr dctual boucst cost, much less i heis ‘exagyorated nominal eapital, 'To udd to T spibat thyus wiready unprofitably fnvosted the grost e euired for tho construction of o system of O onal ulirouds, to ho dlso_ unproftably uvested, i Vo to lncrcaga L hurdens of the peoplo and o e uettvo capital Fequicad for tho busincss of the Lomhiry nio & dead welght, to Lo loog boruo without o general 4ood results bolng roalizud for which tho Thouy s oipended, Thio objects which wo have in Now T Dreakiig wway from our old party sssociations ud Joining iu tuo movemont In which we 6ro Doy on- ey bV & 1ucts ider scope (hun moruly t0 Tegu- % Tiliroud trunsporlation o correct railrond abiiscs, Wo icek 0 reforin what s bney not luapily callod CLAGS LEGISLATION, {o slop forever (Lt juporition of_Lupdens upon the Wholecountey for the enelt of vartionlar clusscs or Toenduies, 'Fa allow sufiroads 30 bo Lullt with the money of tho nutiou, which at tle most niust chilotty Dunncit thowo suciloty' of cowntry which thisy pn Littor ia 10 commiton_3ujustico and wrong which it Of (1080 thit wo ure organized to_oppose. "fi it 1ot 1o to pause, and 4ro W HOE oW oxperi~ st # rovulilon occasioned by tho bureting of tho PUb futlated by the artificlal governmental ind mus Mitiuat ald which bua stimulated tho construction of O vils for purgoscs of wpoculution merols, und far T iticipation of ibo real wants of tho conutry? i tir wo iave boen considoring mninly tho ovily Aitler which wo suficr, and the pbjectiona to gowe of 2o mothuds of reliuf proposud, 710 remaing now to o otvo_than any of thots which oly ¢o bo uffectivo than auy o 0ro Hely b o, “Aluion hna sifeatly beon Jmnad ¥ Lo siutoront %o frequently put forth of lato, that try, domonatrates tho corractnesh of tho prop{ tatod, B U R R eider what tho £ KA OF GOMMUNIOATION, | 1, o which cofucol foralgn cotin- . tries nud thd Attantld seubonrd wiilh. tho Valioy.of tho 1 “and ifs tribtaien, . Thdy Aro tho o River Bt, Lawronrc, tho canala ond the ludson vor, the_ Now York Central Ttaflrond, the Erlo Raflrond, tho Peunkylvanis X . zoad, thé Baltimoro & Ouo Hollrond, with tha vark Tinos of road oxtending Woat, and aporated I connec ton with the four rouds Ju and fta connoetion by tho Virginin syalem of rallraads and canls now approaching completion, and tho Mis- i Tiver, tho great natiral ontlet to tho world at or tho comtoreo of its, marvolona valley, Tho natiral linca of ‘communication thua exiatin aro beyond ail control elthor of ‘vidualn; sud fortuuntely, fo of thio country, thono COMMERCE. snbaral add s/ Uppor Misaliniyy areat Inken nud National Board of named 3 the Oblo River v us rostding fu ¢ incs are nuch on afford the cheoapost. carringo for our products known to tlie ‘world, oxeopt only ocean Lrafisportion,” Thone notural tines thorcfore, whicl nro freo to-all, cannot fall to- ozart a powarfit infuenco in rogulating tha prices of trausportation over the ariificial Lince which aro fu 1n apeaking of thess natubsl m of cauala_ iR tresed o5 bo- Thoro canals oo owned not ‘individuals or corporationn, bul by ono of the great tcr of tho Unfon, whino fuforcata uro idontieal with our own,: . In addition to the artificinl lines bofors mentioned, thioro aro tho lines conneclfng tho River Bt, Lawrenc from Ogdonsburgh and Miontresl, with Boston and iho Now Eugland Biates, Theso, thoigh now leea jm- oriant than tho four great liues mentioied, aro never- 1olens already infiuentinl, and are ko, the futuro siill moro powerful compotitors, Lot us now cotslder tho poeition of -the FOUR GREAT TRUNK LINXS of railroads north of the Ohio River, with iheir ox~ tcuslonn to the Misslkippl Valloy befuro® meutioued, other for the trade of tho Thio vant smount of capital roprosonted by oach of controlled ns it s largely by local in- tereats too valunblo to be dlsrogarded, forbad tho porsibility of any- combi uiry Musle Hall Yes- terday Noons compotition with ther lincs the Now York s; ing thele conttnuatios “Principal Citios of tho The Convention Welcomed fo 1'12:’5?.',‘2,;.‘,‘3‘.'},‘.‘(é:‘fi}‘é‘»’z‘,‘r‘:‘.‘éfi%"'mfi"«‘n.fi“‘iuffi'&’l;yl‘i"ffi? af & convention to report Chicago by Charles E. Culver, Esq. They aro all rivala of cac) would poem (o Ination _botween thom Boatile Lo tho ntorcstn of this soction of tho country, Tho Baltimore & Ohio Ttond n wholly col— troliod” by citizone of Mary! Tond by citizens of Pennsylvanin, tha Erlo Toad by tho Now York Contral by citi- zona of Now York andl Boston, and_the great ciifes of Now York, and Doston, whoso capitalists majuly own and control Hicso roads respectively, havo lieratoforo Loan careful 50 tomanago tholr r0ads 5 to sectiroto themsolves 08 much 08 Po- 6iblo of tho bualness of tho Narthweat, Foson o ballovo that what has been truo in the paat will continuo to b trie fu the futuira, u eeed to Business, d, the Pennsylvania citizens of Now York, Daltimoro, Philadelphia, ted by the Executive TUVALIES DETWERN TILESE VATIOUS OADS, which have nover fn thoir history beeu pormationtly roconciled, will alwaya_continite 10 oxist, My wo not, then safoly roly upof thoao facts, alded Dy tho compo- tition of the natural linea of communication befora d the netivo jonlousies oxlating botweon tho great seabonrd citles for pre-omiucuce in thelr control of Western trada? 1t lias already been sald that through rates by theaso lnca do not afford cause for goncral complnint,—that 1t {a only whoro compotition docs not axfut that'oxces- sivo chiorgos nro dmposcd -by railroads, Tho local rates aro thoso which are burdensomo, from ouo ond of but an additional proof that tho TATEA FTXED DY COMPETIFION shiould bs tho rates fixed by law, sary thot tho ralivosds should bo compalled 10 braus. port for oll s thoy do for thoso linving b Compelition, to remove thio burdens under which wo ualizo fo tho community the bou- s woro iutendod toand should Fraudulont Warchouso Recoipts-Tho Bank- rupt’ Law-~Troatmont of Trado and Commorce. not lera ouly, but everywhero, ho Inud to the Onnadian Reoiprooity-—No~ tional Finanoes, And It 1 only neces- now suffer, and to e ofita which rallroa o of tho legialation of thia Btato, fn 1871, ulaling rafirond frefght seowied to be sound, Thal principla was to allow railrosds to fix heir rafes for ranaportation subject only o tho of thie common law, that thoy aliould not bo excessivo, ut forbldding tho Tosds to chargo for transportation 2. tlio samo kind of proporty o less distance a prico oqual to that chinrged for tiie greater -distance,” mutter of fuct it {s well known that rallroad chorges for the greater distances are slmost always fixedl at re- duced rates by reason of competition, aud tho dealgn elution was L0 givo (0 persoms at nou-comn- a {ho benefits of ucl principlo was uphold by the Suprome Gourt in tho quo ‘warranto case before-montioned, and althongh the de clslon of thnt enso turned upon minor points, yob. the sounduess of that method of control wus fully” estabe lishod' by that decision, ‘Thero seoms to bo NO WENIOUR OBATACLE to applying thls principlo in o lurger Iaw provide that rallroads may establish or intor-Slate rates t such pricos na thoy mn, compelled by competit channpels to adopt ; bnt having thomaelves catablishiod such rates as bolng reasonabla aud satisfactory, measure them by the samo standard 28 to rates for Jocal busincss, and’ require them to ses to it that just rolations arg ot.nll times malntained botweon through aud locel Fates fn tho placo of ratod and unjuatifiable differences, understood by this that rmlroads should bo allowed to charge only the samo rates per fon por milo for short. distances that are charged for .(l{stances, but that they should be tosted ouo and fnter-Stato rates, to- [lorations a8 ought to be _ of Commiitees, noral regulation ; The eixth annunal meeting of tho Nationn] Toard of Trado bogan at noou yestordny in tho Kivgsbury Music Hall. The dologates waro Prayer would, thorofore, bo of-: |- tion of property, of wuterlug of stock, and tho issuo ,,.mi, "of the fered by the Rev, Dr. Goodwin, of the First ol Covgrogational Church. Tho Rev. Dr, Goodwiu prayed. It was moved by O.J. Hofltann, of Philadel- phis, tho mombora of -the Now York Produco TExchango be' admitted without the usual rofer- ‘and as thoy ma each othor or naf The motion was agrood to, A" motion to aduiit delogates from tho New o rand England Board of U'rado was tomporarily pout~ ' LIST OF DELEGATES. iwith another, local, ealled the roll, ng follows ¢ ther with such o Yroperly includad. Whilc it may Le admitted that tho railroada aro en- 1tleil to chargo komowhat higher rates in winter than {n summner, yet the rates established fn_competition with natural lines of communication stiould form tho stondurd by which, with Just modification to Lo regue 1atpd by law, rallrond rates should be fixed whou those natugal chonnets are closed. ort of consequence whether or not MED, WINTE, OIf BLUE LINE fon, ‘or uy othor similar * vampyre " thoy are aptly styled by the Prestdent of th fon Roud, oro pormitted to ruu on the roads, aver {n alty way tho intor-Stato business shul ducted ; they must all bo compolied charge alike on the equitable basis suggested, They seph Kiusoy, Guzzam Cano. Providenco Bourd of Trado—Jumes M, Klmball, ‘Willlam Grosvenor, Chicago Board of Trade—0, E, Gulver, A, M, Wright, . M. How, N, K, Folrbank, W, E. Doggetf, E. W. d of Trade—Heury J. Latshaw, Mursh, o Board of Trade—Georga L. Buzby, Georgs U, Allen, John Prico redericls Fraloy., Chambor of - Comaerco—8, Bassott Blntehford, J. C, Do Kanans ity Hoar to shore _and Willlam _ Howaell, ., rallroad companies, in whatover Stal ‘Weltherell, the Hon. mado Tesponsiblo for ca companics, own cara &nd lo carriod out by as fully us thiat done by their cal ngents, With those regulatious d Judicioun Stato legislat venturs the prediction that tho torested In tho rallroad companies will bo fiod han with the present vacilating, and generally viclous eystem, whicliig tablo to those engaged it Ha mandpula~ S%0 that tho relief wo nro weaking may bo quilibrium of the catablished on & asle, s 18 proposod, SUITADLY. PRNALTIES ount bo Azod to fta violatton, These peualties munt and tho romedica giyen #o prompt, as to ue- ! to the public aud to individusia o and niust be anfliclently uevore tes from violatin eotation {Lis} those injured coull prebiend that railroad companies in ) collusion with tho companies in ‘fefoat tho effect of the regulations sug- % combinations cannot atand rounly-administerad imporod and fran- mbe: hange~L. J. M, ., Boynton, Theodore 1, Now York Produce antors, Edward Boll, Johu ‘FHustod, Forrest H, Purker, James L. Flint, Heury 0, Ward, Fkederick Molssuer, Now York Cliamber of Commerce—George Opdyke, Jamos 8, T. Stranahay, 8, B, Ohittenden, John Austin T.outs Union Merchants’ Bschango—Barton Ablo, ‘Nowark Boord of Trade—John O, Johnyon, Willlam . Guild, . Portland (Me,) Doard of Trade—T. O. Hersey, Gharles I1, Huskell, Milwaukee Chamber of Commerco—The Hon, Will- fam E, Bmith, Edward D. Holton, Willlam P, A~ Laron, Now Orleans_Chamber of Commerce—Willlam B, ot Trade—Bamuel P, Thompaon, Joreph It Beoman, [ mmiorclul ‘Exchungo Association— | Boyrd’ and Meskrs, Grosvenor and Hill, who, from | tion in all their bearin uld [ Christian 1, Hoftmau, Wilium Moske, 1homas Al | wieh rophien, and oHer data vt (ol Knowledges | Jopristy of & ¥igoreun Sibtest on ‘;%g:x‘:"lyp:‘rxgq:;;hh: woro rpquealed Lo preparp p ropost on the whole ques- | the pernfcions practive of paying interost on current tion, to b presented at the presont mooting for Lo | bauk doposits, u practics to whicls pertups mor Ints inpncial thug wecurcd, aud country, now so seriously dlsplac natural and consequentl; the law, with tho iaihelyivy not affotd to seok Buuvill, L, I gl Bultimore Boure James B, Brinkl ono Stato might, cated; but such corrup wfory” well-consldored and i State laws. _And penaitics may chises forfoited for guck dlsregard aud collusion, just as rondily o8 though thio wholo 1i within the imits of bocauso” no_gyjeh . col Xnowledgo and consent Thovo considerations a that acd of Trade—Richard Hawley, Henry P, Bridge. uny other c e att . B obliyillo Board of Trade—i, O, Prindell, O, W. | "*Tiso"Gouncil would sspecially calt the attontton of | Uisturbance, Tula ~ pr e Mo te e Seel) Ino of the roas > This would Ya just, lusjon_conld exist without tho of sll tho_ronds engaged In it, tong 1rad us to the concluston Iouis Bourd of Trade—B, R, Bonner, Jamea Bo- | geations {n or the total repoal of tho Bankruptelaw i er, T, W, Fox, Ko hiihion Jidarq of Trade—Toronto, %, Tt land, 0. J, Cumpboll ; Quebee, T, H. Or treal, Tlugh McLenna) Iy ?nmuan,l fhoy “asit thut dolegules will carafully Sk fi‘\'fimo‘i' h}:h\t\'fl’l“; ;q:m‘u"nt_xnb“nm&ug&nih ot nll!x; omusites, . udon, John Wulke | gmphatio wn oxpression of well-matured, sound Wood § Otaw, Jsmos Skear, | Subton as shall sommmand the vospect abd convince | ror memiieetof & TOE DUTY OF CONORESA 5 respect ia exiromely Hmited, Congreas sbiould it that {he uatural lines of communication bee ‘whotlicr lakes or navi r romaln unovallie iz Penuock. twoan the diffurent Staten, R, F, Bwann was olocted Asslstant DEPARTMENT OF' TRADE AND COMMEROE. curglop fu the lulln rivers, ur not aljowed to becomo o o "t this diroction les & duty too loug neglected, rompt disclinrga tho quota of roliof” which o ADDRESS OF WELCOME, Tho Obalr said it gave him groat plessura to m‘mn‘l!n{:lnl "l" cauntry, 'imfi‘m 43 o 2 n i uny 1 ot e ury, futroduce Mr. Culver, of tho Obleago Board of | ceived theuunninious opproyal of this Board,was sgaiu | agriculturel communitica havo effected orgaufzitious ed upop tho attention of Congress ‘and {h - | dovoted largoly to tho sgitation of it, and 10 ‘dovish Trado, who desirod to makoe o few remarks wol- | (& 5hderh of the Gorernment. ng {osiington, sioh as | meanisos of rallet gitation of it, and to dovising coming them to tho oity. Ho hopod thoy would | as it 18 belloved, without mnking some improssion s | slances degiu odl roalprooato, and cordiaily wolcome M. Culver to | 1, the, necatslty Lof such ‘a movemenh, = bub | sbeorstion of thols theirhall, Mr. Culver then spoke as follows: These suggestions, u to the mode of action which seoms tomo to promise ugeful results, lote cons{derstion of ‘;fi:& il?\'flfll m‘llr atten~ ing it to otber partles, who may bo moro font, “i% embody a prn”s'lh:ul nvthod of relief. OTHER BPEROHES. eaker, W, A, MeKeighon, of Liv- dollvorad a powerfal nd ‘olo- Lich wos listenod to with the only ns an fncomp nleyln fo in the broad fleld ingaton County, quant speech, "W closest nttention. B, M. Smith followed him in a apecch of two hours. His remarka fo-day woro political character, delivored for tho pas lation to that associstion, 10 offor you its salutations, | ident Fraloy r“l‘l.‘;:u,onenunman, Wo Tocognize roprescnlatives of | lafd beforo you at the procut meeliny {hio busitcas {ntereats of our country, who meet from | for law ol (ablishing the department, tihio 10 time, seakig o securo ndiviiual andeectional | to Congress 1f ite praylsions slall bo found ko sueghthy | the generally reduccd o spoochos ¢l L welfara anly ae thoy can be nttained by t two months contain such owerful facts, showing the corruption of tha arty and tho great nood of it puris tho strongost Janguage ho could omploy, nrged the farmers to voto their ticket, and thereby commence the work of re~ fountain head. ——— un Fighter Gol Whon J, I. Towokond loft home on the Lower Arizona, on the 16th of Boptembor ised Lifs wife and childron {o ro- ood horss nue in which sud with whom 11’1 read aright tho stuted ol catsblislanent of thoe Natjonal you will have mot, blocts lind in view In the | such lnut, he promise v.umh:he ;flmu mgh%i d, ns ho turnod or Liim, hio was woll armed, and, Iy d the Bradshaw Mountaing, ho r door or Indians Townsond did nol 1o next, but on. his head towar: ) thought himself woll fixed fo or auy other game. retyrj thnt night, tho afternaon of ¢! his old hows, frionds thongh or thonext, oré hio 10th his horse galloped up to Boma of his '-sl;‘l'r timo has tho without a rider, sgitited und unsottjed regar t tho horse had thrown him, while othors thought the Apaches had got bim, for it was known Chief of that tribo, aud wll‘;! 1mlj the lnnillwlm might be lying around lo tlugn £ont 3ut to look I they dian't flnd came upon him | with s bullot-hol Proscolt Miner says that J. 1% saw the Apaches in'tho fico of prings; that he was on mdradp nl\‘rpy 3 chargod upon thom. aud all alone, Lis frionds I moro shells of . his on tho fighting-gronnd, aud_ho Cho, n great had left the Verde Nusorvo, t for anything which Twao or three par- or Mr, ‘Towusend, but him_until the 20th, Iying doad, near Dripping 8p o cloan_through his body, "Lownaond fivat or to suggest toj bt T bog to o allowed to pay vlll watels with eagor intorest the resnlta of this, your | time, permita srticlea of Loni n it doen ata 1imo | used’ oqully s fuvarably ss ti 1 . when many are sutfering from tho effocts of an unpre« | abrand, Put, without tho adoption of ‘suma are |, question of th tletl] lvlll copitull codunted wud el oz eotod duanclul panle,— pania | raugentent wifullas o he ono sughosted 1o tho i | poaton, iy {udeed, § tlat was tho nutural roault of & faulty system of, and | renol xth annual meeting, foot at the timo; to lovel grouud hink, fQr two or w woro found waos ns doad ‘Townsond wus & abuses suifered, wat upou corporations unefuland | cannut boconstruotod by olie awi mechaulcs on ss | muud that they shall not bo roquired —sutd aporutions and suld notione combiniug | favorabls torms ue forelyubilit can be purchused, and | donds on stocks which yuprosent nio monoy invests greatu dfstru, e erodit, chocken invoutiuents, | tistat o suivo tho b fs dosirable g norosso Abner- | miout nducod withdrawal e eomatiot.yoly pon computition hobweon rival A oy i afso atupal i of comumuplin- OO, fentzam o conirol rutos of charges, This Ao afien buen nevorlial {hiat Very many po A otumo 0 botiova in 1ty trudh, and yot & ¢ e atve. cxmnination of tho faola will’causo y ‘Cortucinoas, A e r "but businews entorprises, and aro aasiod by hs wao 1awa whcl tontral dthor come e rasactions, Widlo it 8 truo tlot fn_some T Falizoa may neod spocial cantruly yot, 1t 18 rustecty Fat tho Taw of computition ayplich {o them B b 1t duc (0 fudividuals, We ure ot left ovly o spoculstions ou tus Bubjoct Tho oxperieyco of of buukdovomty, cripplod mamn= | fean tounigs to s polnt i wumo degeco somaponiticato drawlng revonuos from the a shot as old Dayy Orackot, faoturon, purulyzed businoss, dopreciited Lrices of ag- | with ou forelgn commoroo, it wou native Texan, whors o was widoly known aud ed us & shoro and & romaorsel was 4 well known among ¢ tho white sottlors in tho T thirty-six Apachos to th lar way wish hi not inviudo stra) on tho day on W and wopt to Arizona in 1807, A highly ‘rospect~ a skillful huntor, e Indlon raco. the rod men as among ‘erritory, for ho sont y Dunting-ground o last mortality bill ivh o rocolved his own quiv- rlcultural products, und bpought tho tho verg of ruly, Wi ly braye inan, by your sutlon, Vurwlodgo and your ostonsive exporieno, knowledge and experieuce cau sppreciate ”Ehlnhl ani mln&.w‘fiu and domands, hore aro nons botten x Feinedios for-tho'xaltef of lmnlfln feoling opproasod by | lind hurdens tao grioyous to b then you o “sortclif 87 ppnconly‘aatsgonlitioy Uit whioit In renlity nco doy loth, Tt u hope, gentlon ', thal your catinw d | both 1o rhi; -owning and the ’hip-sufling Tutgren do.feznilonn nny by ;Ao ondngad in (s vartons fulintrial Aiteromts of one | the wouldy . ) Mr, Proaldont, T aliould do_violenca to my own fecl- | CANADIAN REGI'ROCITY, ugs of gratitudo 2d 1 notnt this {imo nnko some day dohonor, At your meeting held [n 8t, Louis, soon fico, yonr.Exagutive Conneil in tuelr report roforrod to, | <0 cottatrics wliol iglug about such ent synipathy, shicl ot only-nioved {ho feelings of | woot but which taudhed chords of lova. that | 32 tlons bearing upon. th moatly all queations reln sver, oven water for the thirety, Gontlomen, woy W | 1oid you Jn gratofut romembkance, "Iyt Now, Ar, Lreaident, that you, and many of ¥oiir s- jsitod nnd tomfontod s dutbid day of mi. | epit oty i s (b xtont of o dissaor, wo rololo | mot - ms’ “theon pien 10 have you with us ngain, nt you ‘witness for imalvon to what e3iant your kinduess, under God | 15 gever of & lberal trade loasfug, hine rosultod in our prosperity. Ouco more iwithout a8 yot submilting ény specifio resolutions the word, to find Chicago almost ontirely ro- } ynuiine ,of this_country withont & parallel, Tho grow rostoration, Might God bloss her_ onward prog-, stacles, aud that tho-influence of the Donrd ‘waa eviden! EXECUTIVE COUNOIL REPORT. felt not .onl, s tallorah : 984 liquentions of public concern wero regarded ss warth 8 follows B .1 171[1of great respect by tho Government, ., Tho,Council ‘At tho lnst annual moungl. Yield in New York, soveral’ | iromembering the happy rsults attending the visits ubjocts wero roferred to the Council, #omo With the | represontatives from the Dominion Board at our la tho viuw of giving tho recommondstions of tho Board ‘propositious have recolvod consideration at our-hands, and, sa far an thoy’ contemplated “memorlalizing gov-- been complied with, The Councll was ordered to pre- | wo may bo supposed {6 shares cominon interest, pare aultablo metorials to the Legialatures of thosev- | It in by, frequent intercourne With ,our fellow.men, ™ eral Statea favoring the following propositions ¢ ot only of tionality, but of, th Election of Officers and Appointment | ~Frar—Tuo enactmont of el s whioh il e | B O e O e o k mankiud; with {ts common interests and necessitiens or frandulont warehousa rocelpts; also, tho enact- | and since n new era hias, na we hope, dawned upon tho justmont of natioual disputes houss recoipts in the. safoty and integrity of the.| by means ofher thion tho sword, may wo not also ho‘lo o Iargo, o quintely prevent tho i4Buing or negotiating of spurioun | tmubd ment of lawa which will protect-ihe hioldors of ware- | world' history iu tho.ad; Eropmi coverod by such receipts, ond that ware- | that froquent -comme conferences may tend o per, i & e Semrnd—Thlt oll persons bo left fres.tatrade In |.the wolfare of al - menco of specifiu coltract between the partles, there | renowned thsn war.” ahu‘ul(ll Do a standurd rato of intorost, oatablished by NATIONAL FINANCES, tato law, i . - Third—That lawa should: be enacled to probibit. such pernicious practices a8 tho fesus of scrip divi- denda without & corresponding roacrve or nceumnula~ of stock by iucorporated companies, without & full | cial s ‘monoy equivalent, 'Fourth—That railroad corporations recelving frelght from conuocting linea should be required . by Btato Inw, in all caos, to wolgh the samc, tho welght in the original bilt of ladf? - thie {uvestment of their funas o the particulur State in | vatuce, wiifels thoy are churtered is injurious to th compuny, unjant to other portions of the oountry, snd ought ui 1o be allowe, . - . - Thero mermordnla sreroduly. forwarded to the several Stute Legislatures during tholr scsalons last wintor, . in February last, and at'that thme took occasion to pre- sent our wishies to tho various Committees huving bired tho actlon of the Fedoral Guverument, 46 to | o’ urgo upon them the lmportance of early action upon thia conntey, shil hua 1o clemen as tiud reccived your approval, thoeo operat Tn this connection, the Council would romark that they woro most cordlally roceivod by the Vresident of the United Slates, Leads of dopartments_and by the 5, both Bonators and Representi- tives, aud their viows were latened o with murked re- spectlve spliores, 10 avail th gestlons cmanating from the National Board of Trads, U, i #oma Qegree, an_expreselon of tho views of the comumercial inicrests of the country, e THE BANKRUPT LAWH. . amendatory to, or the amount of szemption {n the assots of & bankrupt, | or contempt of all sane men, of tho mercantile intéreat of the country Af thes fallod | withiout any protenss of legal autkority, ma %6 Sino tholr infittence In favor of o veto of thomans= | na.— stmply * o outgromih o by uro by the Prosident, thoy thut ho withbold his approval, Tho Presidont, | mony to refuse his sssent to the tho ropredentatives of tho _peoglo, and had bsen by thiem approved 88 b proper stituent bodies, calling for thelr views and oxporiences | Sunuces of & groat people cular wers - roferred ' to & mpocial com- | constitueut bodies, mittes, consisting of the President of the | these questions will olleit your mos! conideration of this Bonrd, the Board to this rejort, and ai tho subject of modi- | must bLe, or at leust {s, moneys op “ call,"tepds to inyil presented on the officisl programme ~for dis- | and tho oncaursgomont of devices FodyToted oF th : “auch | peoplo are deluded o tholr ruip, Vo #o cléar und THANSPONIATION, ¢ - ntern: opod, {lie udgmont of tho National Legislature, superyision of matters relatiug Lo, ho trade ox a5 menauros o atill not successfuliy ay to Immedinto. results, | facturing, and in fack , Proparo o paper on il sui in- | =pproval of tho Associatton, o . | Inrgaproduttion and moderate consumption, inducing toresta conmon to all, and by promoting tho nation’s TR NATIONAL BHIPPING INTEREST, alowor rsngo of pricea for tho producte of the faru, You bonor us by your preiouce in our |- Tho question of what mensurcsaro necessary and | §o that while the furmer, in timos "or Ligh priccs for ‘0 oxtend {0 you s slncero and most cordisl | should bo urged upon Congress for itnadoption for the [ bis surplus numm“lumfi, mn‘ scarcely ~ conaider We deulro to express {he hopo that your | restoration to ita foriner commanding "pro- [ whother pp-not be Jex Convontion hers may provo profilablo and pleasant, | portions of our Natfonsl shipping- - lutory | rates for the iransportation of hik property snd thiat whon you ura called {0 Aoparato it miay bo'| est, hoa - zocoived . consldoration - ab - your | to markot, ho willunder an adveren coudition of nur~ o will uyo not only friondly feellnga ‘foward | hnfids at goveral of tio provigus sesslons, Lust year, | Kote, whieti o eall ther, but that you may also have a kind regard | ofter being very fully dlscussed, it was postponed | of hls produta la absorbed tn carrying chiarges, aud for and ugressblo recollections of tho city and it citi- | until tho preset meeting, with tho undurstanding that | that Lis proportion of thelr valuo ut poluts of gous 1 should bo preacitad by th Execuliva Couoll n | sumplion lus windled ton mere pittanee, o inchined, forin us §u tholr judgmont would Lo most accopt~ | not unressousbly, to Inslat that those oharges shull b Board of Trude, tlioy | ablo, not only to this Doard, but aleo to thoseutimenta | reduced to a point tha shall 1;!0'!""0 only » fair and Wora (o promiolo tho ofiloncy and extond e vsful- |-of i couniry at furge. Thio Cauncil bas plkcod on | equitalile zefurm of prolt toll varlous Bourdsof Trado, Obambers of Gom- | tle progeauio thros rosolutions oy, Ui aublect, 1o | o and other bodice orgunized for general come | whiol U urposcs i1 the United Biates, to wecuro unlty (- recommenas au ailowance of botinty for s} Ly of nction in yeforenco to cowmorciul | to bo adju uenges; oustoms, anid laws, o - 18 sl demand of the pepple, ) abitemont of duties on articlos entoriuys i uro and fraud thau suy rebate or | oxposted thoy will ~ be ernlclous practicos i, tho business of bunking,—the | in the last of tho sories would bo directly disoriininat- | fair to presutne, aud it fs undoubtediy truo, that the irect offect of wild aud rockless opornllons of unsoru- | ing sqainat American shipbullders, ~ Admiiting tho | masu of tho ))m{vlu of tho Unilel Hiaten ard catiroly lators, togeibor with tho unwiso action of | premis thoso who, forgofting benefits, and for reasons of | our National Reveuuo laws, au uow enforcwd, voesely | Drisod wiiou! 3 receive B Tosonablo muvn b , which will searcoly bo questioned, thint under | willing thut capifal years of our ehipplyg infroat, Wo may be ablo | belonging 0 the wlockh , of tho day, | must not ovorlook tho fact that tho hist6rs of ho fiis! flad thnn ol to {0 devino | marks thoso nations as’tho most enduring which tho tnost aucceasfal - i - coutralling rrio, Nono miore capahio | commicres, and,an ihin feathro Line bean pormitted (o ’ . fatp and barmanizo fitorodta that: | foll-into noglcet, thay hovo naturally sunk, losing the, s : A 1 for I dont upon Lo pro é‘hi’a‘l} e e oy b e e = St : | ench for o atwn sitecens dopendent up “pros-’ - 1th, bontotpt, Tiid sccond-and third ‘of flo Slxth Annua,l Meetlng Of the ity of tho othier, aitd whicl ouly nead to he bronght [*neries of rewolulfons mio fu harmony with the e o Jant relntions’ aud- to dndro 10 1o well-eing of | Uia aptrit of tho law being in thio diracton of placing and "ot 3 atteh it you Wil bo_eutltled to | olir peaple o perfect oquulily with hose of whits aua Wil reeciv Quanka 1ol ouly. from thown yun ca | over untlon whio iy oy cto For e golden nrizo of Touially roproont, but thniike, a8 wall, from all wia | helng reeognized us i mistress of 116 comiuercs of ato, - howover, wo extended, and and.numorous, concurrenco ' of - X priciciples in rogard 5 ity ba al thist 1lio bod focl it wise at tho jout timo to pasn upon. , T * *MIBCRLLANFEOUR. RUNJI o topiua alread: gramimo prosents others of and witci 13 ro outi:lo1 fo your careful attontion, fow of thero have beon Iald over sluco tho lukt meeifng, - thotgh the groster-portion aro new, and -will, doubta lean, bo prosenteil o your notico by ropresentitives of the bodies submitting them, in mich a wiy a8 to come mend thow tn your approval, suro_in congtatulating the . Boord on th o8 aliuded to, tho of o groatost’ fnsportanco, ‘Tho Council take plea= quA:;l'lho lw{flllll:. m"l“:?‘ mcul‘l‘l';” of U.u;‘l\m!s\ mn $ 8 estion of Irade relations with our nely Tho Sesslon Opened at Iings- | fuunof tiozeumsstobistin spesiained omarts | Bumiuios of Glndle s o Vit Sloumony and bn both ocenslons the Bosrd gava T g ths Natjons! oanl_of._Trede, for: thels former mnmuwum-nmmpnlxuul“unnu':’f.}"‘;’;fi?-: part of kindness to fho city and“assoelation to which'you this | g3 Gevernment ploarly dictated that misuy of the ro- it s DB S ot Gty | Ao ot oot bafyed s tiial dvont nnd to onrassocintion i torm-of thovearme | Hrolistions should be ot on ook, that would renulk = iy KN o “u":t“f'na ufil l“l"fli‘{h"‘fl‘: of commoditics bo-" :, thiowo mronent Bt whlel e, C o Wiata, | Lieen tho Lwo peoplos an tho siaturo of scparato gov- Delegates in Altondango from NI tho | S Fiady® sepacated Shough thby ™ wero, i, | gramente, would, pormit, Iy tho recommends: e, it {8 not alone for oxpression, °f‘=¥dml‘l"ly suggost fo our Governmont on thin subject, it ia bo- for which wo_toudor thanke, We Tecolved Works | Jiaved it haa fn tho mnin tho-hotrly coucurronco of n8.well - an worda of Jove, When Azone Jostith ‘1:" our -friends’ representing tho - Dominion Doard of m‘.‘e:flfi%fisfi«"{mfi?fi&n ::rn ;d fg&: l:’:“’;m‘f, Tr:ldn, who hlvn.kln(ll y fi:vnrcd un with tholr prosence X " | and an expression of. viows, it hos b whit saved ua from (o dumb despair described by th | {int tho united mfluenco of tho comiorcial o0 ianed ])Del'l Wo wero saved by messages O Borm‘" (OF | tativon of tho two countrica would ero this have boruo lozson aud of liopo for tho future, togothier with that | frygt jn the ndoption on tho part of Loth Governmonts - ndfustmont of tho quies- subject, But in thia on in ng to anything like innova- {tions” upon tho Leaten courso of ordimary Tegialation, dolays have - been cxperleced, and’| bilo: 4’ is " undenfable .- that . publio " eontl subjcols as aro purely of .a gonoral, and not. local, charactor or Intercst, the alm of tho organization baw boon to discourago tho dlscussion of all questions not of gonoral and_ publio concorn, deoming it tho wisor plan to confine its uttersucea to only such il the constituent bodies and the commercial intorests of tho country would bo Inclined to regurd as proper jca to bo considerad by it, Luaon, the Councll beg to exprasn tho hopo {hat, during the prosont neasions, {lio rolations of this o. commorcial ‘and industrial inter- csta of fho ' wholo country may bo frocly can- vangod* by the dologatos in _attendhnce, sad that suggeations may bo tendored by | thi whicl it may bo hoped to more thoroiig] Interoata {n tho prococdings and afms of th At » suporficis] glance §t may be thought that such nn organization aa tho National Board of Trade, pos- of no power to enforca ita oplnions and_viows, g meroly recommendatory organization to and claiming pone, but boin Loth as relates to mont, had at most only an oxcesdiugly limited sphora of unctulpess, but when it {s remorn) ‘public opinjon has much to do with but laws, it must bo con. ho first 'fmportonco thi nound” princlp! Tho National Boary not 15 intorfere In or givo dirootion fo quostions of but doca ook to unify and concontrato toreata [t roprosonts, to tho end that queations the commercia] and industrial interests of the wholo country may be corroctly understoo their bearing Du.fim prosperity of the nation au red that, in thia | dily | enining strongih pol! c{ in this diroction, 1t atfll necds perhapa péralstent roltoration of-tho wishes- of the peoplo to fnduca action on the part of thoso to . X nay, trelcome to our hoarts and our Lomes, =" |'whom tho renpousibility in this matter fa_committed. And Tts Members at Once Pro- ; THB ONAIM ‘WAS BURE 5 Tho Bounah have plicod on'tho ofclal progsamme for- - ho oxpresaod an unanimous opinion .whon ho [illis meeting the. subject of. Canadian recipracity, infon.bo_educated upo: ¥iid e far aa in ponsible givon. a Bl right direction, ‘anld thoy gratefully racoived tho complimont ‘regund to ik, T mubjeet ot WDuy on %nn.d:.‘é. Almbor an atcuction of Amorican- Foven prid, and wore thankful, in tho bighost senso of | Tirtos RS, % BiinG poatuond. for. sonadaration g oot tor Ay riginal i d ' b i h i s:ln‘umls'.nd‘:ru;h'unr‘:ll,mc‘;ln["m ‘mit- | stored to' hor o 0l proportions, and ‘boauti-'| -general question of ~our:-trado rolations, wos An Important Report Submit flod boyond e of "hor formor | dcamed pfoper o {hrow opon -tho' Whold ‘queation, h with a view of entertalning sny propositions glory. Bho ocoupied- a place in the Mnlorfi bearing-upon i, that It might'bo submitted sither by in woalth, popilation, etc., mado I e | o e g oot Teom A0 Do, consiting of n woal opitlation, otc,, mado her one of the | utor & delegation from T et waoration. . Thay syme. | Mosarn, . Hawlos, of Doisott, wud if. &, Hil, of loee ton, wore, by invitation, in-attendauceat tho anpual pthizod fu bt suftarings, and rooiced in hor |,yel e G o Dominion Board of - Trade, heid o tho {City of Otfawa,” Thieso gontlemen wers recelved most ross, and roward lior citizons for tho pationdo’|!cordially and freated most fraternally ; they Teporied with which thoy hud met and conquored ob- |'the discusslons of tho body nsmarked by groat nhllln’, A woll-understood order of modern’ logis- the influences which results, aro those brought to bear committes-room, elno than the wolghing of {lie questions under consl ing of tho views of those wha aro'k familiar with them, an ublio sontiment touching ‘tecognized ns boing Our ablest leginlators, sad thosa - whio com nearcat being tho true ropresentatives of the cople, ore those who.Are ever ready and-glad to stgn 10 the views and ‘argumenta of {hovo in whoso sound judgment, hones confidence, and Who aro suppossd o e well luformed on_partienlar snbjocts upon” which legislation sought; and if tho views of ono merchaut, bankor, or othor business man {s sought with roforunce’ to for the publia how much moro the united cxpresaion of many such porsons who Lave carefully canvansed any Joct In which they aro intercated or familar bore- garded with consitoration, naturo that tho National- Hoard of Trade hopes to bo ablo to oxert touching needed legislation, and viowing jta past hlslory we find abundent evidence that its ‘elTorts havo {n some messnro bean successful, and It ‘moy bo a rosonablo expectation that as it slall becomo batter and more generally known, and its utte ‘sro recoguized ns belng uniformly conservativo and entitled to roapect, it wiil advanco in fnflnance, and at no distant day bo'found to have achisvod a position worthy of thofullest confidence of the public, and to ‘have accomplished the hopes of its founders, 0 report then procoeded to state that at tho meeting in Fobruary Mr, Hamilton A, Hill had Aftor a fow words of praise of this gontleman, the roport conoluden by 8 brief raview of the work alrendy accomplished by tho Association in the mouldin, tion, ete., and tho atill greater flel -| nesn which lies boforo i€ in the future, ‘Tho Scoretary road an invitation to the Board to attend the Star Levture Courso aud hoor Mra, ‘and - patriotistn thes . by .tho presa and poople * of Tho roport of the Exccutive Council way rond |,Conads, but aiso tint its oxpreasions of opfulon on . 1 inni = | iusiruction that certain specified action bo taken, with | mcoting, extended an invitalion to it to honor us The National Shipping Interest- “with n qotegation to attond upon tho presont scasions, practical offect, aud others for examination by the | aud wo aro' gratificd to- bo ablo to annolnce to tho Counell, to report to the body at Iarge, Thosoe soveral |, Board that auch have been appointed, and will bo with tus, Tl Oauncil would vespectfully bespesk for theta entlemen a' brother oting, ane at ma) ‘oruments, clther’ Stalo or Federal, the wishes Lave fnmmm oxpress thnlim\rlus’lny quzlflmfiuw}{ifl.\ 1t {a fnflucnces of this b as Sccrotary. 0ugo recelpts bo made negotinblo 1lko other commer- | atrongihon the houds of ;our common humuity snd . 243 the more rlrldl‘yl develop tho resonrcea and promote nationa who desire and labor for tho money, by borrowiug, lending, or athiorwise, at such a*| advancoment -of civilization and tho enlightonment’ enlled to order by tho Prosident, Mr. Fraley, of | rate of iutercst ns muy be -mmd upon ; bul, in the ab~ | of arts, Surely * Peaco hoth her victorics no less o Thiladolphin, who said they wore again’ pormit- ted to méot in tho Lrothorhood formed five yours beforo, Thoy had slways recognized tho supor-' intending control of Providence, and should con- tinne'to do so. Probably 110 subject at the present moment ia re- garded with mora earnest solicitude than the condition of our financial situatiou, Kecent events have brought . tothe public mind a vivid renlization of tho oxcecding uro of publia conddence in_our finan- uctnre ; and, perhups, at nd timo since tho ex~ chavges.of tho country. have beon conducted on tho Dasia of au frredeemablo cireulating medium has pub- le sontiment Leon #o generally turned to tho question or to ba Usble for. | of devising woys und means by which » path W ng. A might bo discovered leading o n . restoration . Fyili~Tbat laws checking innurauca companies tn | of © tho ‘worlds.. acknowledfiod stamdard of . Hithorto, s _wido diversity of . opinfon bna -yrovailed . touching oven tho desirablo- ness of an early retura to the specio standard, and our leginlntors apparantly. shariug tho viows .of .iheir con- stituents bavo dono ftla or othing that waa caloulat- | with whts reault tho Colncll In not advised, The Goune | S-aF Sxpecied lo rellors tho nation from the sigma of v compelling 1ta people. fo_uccopt for (helr projurly or il hold o sorics of sesblons Ju tho City of Washinglon | {hots labos its Sogloctid Promies o pay. T the fndeie xl’,“u;;"l cm}ulunu)-)m‘u.gluml &uh;‘m. Our Natjonal 4 2an] /il Tho Sacretary, Mr. Charlos Rundolph, thon'| chargo of tho several subjecta on which tho Board de- T B e oy oven admitting 1f 1o bon morked fmprovement as o Boston Board of Trade—Alvali Orocker, Ohatles G..| the pari of the Governthent touching such moasuren | e oo o, ankiog systein proviowsly ndopted o ‘Nazro, George W, Boud, B, ¥, Nourso, 3 = Buntaio ourd of Trado—Churles G Curls, E. P, Dorr, dohn I, Vougit. i - Oincinuat: Chumber of Commeree—8, F, Covington, 8, Leator Taylor, George F, Davis, Theodore Cook,: | members of Cong: Chiarles W. Woolloy, ELECTION OF OFFICERY, | Tho Chetr auncunced the eleotion of officora :was noxt in order. Mr. Taylor, of Cincinnati, moved Mr. Fraloy Ho bad liold the office for five- years, had always boon compotlent, aud thoy could'not got & botter man, Do unanimously re-olectod, A * Mr.-Huatis, of Now Yorl; moved the Seoretary cast ono brllot. " 1t -wos decidod it conld not be logally dono: Tha Chair (Mr. Smith, of Milwankeo,)’ p- pointed ns tellors Messra. Fairbauk, of Chicago, and Marsh, of Kaueas City. ‘The:ballot resulted iis the unanimous’ re-elec- bo re-slectod, Ho boped be would _Ho was conductad to tho chair, and oxprossed his sense of the honor conforred upon him. Il hiad givon them' thanks for such confidence be- forv, and it would bo neeloss to repoat., He had alwnyr folt & daop intcrest in tho suCcoss of the Natjonal Board, aud given it as much time as he could, and still felt a doep interest in ft, and | hoped ita future carcor would bo as.penceful and useful as the past, and that its offorts would finally culminste in gotting such logislation from Congrees ns would give agrieulture, mannfac- ture, and commerco the governmental legisla- tion they required, and which the great chartor of our libortics eaid thoy shonld Linve, The Chnir gaid the next busineag iu ordor was tho election of Vice-Presidents, Mesera, George William - Bond, Charles E. Culver, of Cincinnati, E, necesaartly fnducing ng under it to desir any highor staudnrd than that adopted by tho Government It may not in s coso more than in uuy other bo oxpected that tho stream will rivo above’ Uts ourco, “If & woile gecured, promito to. sy Ly, bank may be properly. 'y ; uidal 0 tendor-of another equally well-se- Bourd of Trade—Thomas G, Smith, Jo- .,,mx.nu iaposition woe manifested In thelr To- | oured promiss {6 pay, the Lultor being entirely Mol nscivea of nll proper fug- | it au to tine, why msy not tho banker or .nerobaut bo farced fo ccept’ fn payment of obligations hold by uim ofber obligations, provided ouly that'they aro umply socurod,and tis the wholo fabrio of commore cul {ransnctions bo brought to tho level of crodit At thio time of the mecting und (he Oounctl sbove | system puro ond vimple? Au arrangemont lfke this, roforred to, Congress bad recently pussed an act |'while it might perhaps supply o volumo of eirculating lanatory of, the then existing | medium ample to miect tho ylews of the mokt erratic laws relating to baukruptey procecdinge, the efféct of | disciple of inflation, would gonerally be regurded a8 & ‘il In niany insiancoe, wan to very gteatly Suoreaso | proposition 80 monstsous as to morit ouly Lo ridisuls . and yet it may bo per~ and dostroy tho uniformity of auch ozemptions of | tinently sshed whorein does it cascutially differ from tio dificrent Btates, Tho Uil) was in tho bands of the | our Nations! Bunk laws? Tho recent resort: of tho President, wailing is action, snd the Gouncil, feoling | bauks in -fome of onr largo cftiea- to tho payment -of tiat ey drould bo lly-roptedeuting the general wishes | tlilr dopositars fn telr own, promises ot oliyutione; clte stem, the waited on hir, and urged | fundamental jdes 0of which s entiro har- with thoso . most extrsordinary while kindly listening to tho argumenta and suggee- | procecdings. It msy be that tho authors' of iho tions prosonted, did not wg"umly #eo his way clear | acheme referred to, finding thomselves drifting on a il), which, bo bad roason | turbulent sea of spnculaiive cradit, and, perhiaps, find- i bellove, bud roclel thio careful eonsideration of | ing thoy wero appronching tho vofy vorgo of fsucial ruin, wero in's messure justificd in adopling an. per law, 'Tho geuoral unsatis- | alternative savoring somewtiat of tho heralo, as & tem- factory working and effect of the Bankrupt law, botlt | porary or emergenvy sbift: but it must bg conceded befors the lntter amendmonts and since, {nduced tho | that, as precedent, it Is only to be rconsideredan an* Counell to order the issusuceof a circular to tho con- | unsound aud dongerons method of conducting tha Teplaced by Messrs, Smith nnd Btark. ¢_Chieago, 8. ¥, Covington, Dorr, of Buffaio, Hepry P. Dridgo, of Detroit, H. J. Latshaw, of Kousay :City, William_E. Smith, ot .Milwaukeo, Jobn C. Johnson, ot Nowark, W. M, Burwell, of Now Otlenns, Georgo Opd, Hoffmaun, of Philads TPortlaud, 8. . 'Thompson, of Baltimore, William Groavenor, of Providenco, of New York, 0. J. a, B, . Herao: B. R. Barnum, of 8t. F. G. Dromborg, at-Mobile, were put in nomlnsation, v Bond deolined, but puggosted Ar. Bonja- A telogram was received and road atating that Bart Able aud athor St. Louis dologates would Lo Lere Wednoaday morning, The gentlemon” nominated were all elscted, Bromborg and Thompson, GENERAL BUSINESH, The Chair appointed Mesars, -Hows, of cigo; Boynton, of Now York ; Mareh, of Kausas Davis, of Cincinnati, and Haskell, of d, us % Gownlttoo on’ Credentinls, 6 ro- coivo applications for memborship from new hat when the Board sdjourn it ud that tho sossions bo excopt Mosars, of its operation, and auggestions as to what modifica- | Tho whole subject of ciurrency and the operations tions or amendments they decmed nocossary to its | of the Nationol Bankiug laws will come befors you un< perfection or | tmprovement, ‘o roflles to | der propoditions placed u tbo ofleisl progrunime by ho ~clr and the Couucil, not doubting that 4 rorfous considera~ 1t was-move ¢ Do till 10 this morning, from 10 tind, Mr. Barnard, of 8t, Louis, thonght they might ‘meot at 9, but public sontimont was agaiuat kim, and ho withdrew it, Mr., Taylor moved to sit from 10 half-past 2 till 6. ‘Tho next smendment was from 10 till half- pout 12, and thay from 1 to 4. < 'THE DOMINION DOARD. Mr, Hawley, of Detroit, announced with pleas- uro that o dologation from the Dominion Board f Lrado wag prosent, headed by Mr, Howland, .. Tho Chair wolcomed 19, "of - loauing wuch to speculutivs sehemes, y which tho Lunih ol subsisuce, and many lanocent to1 sndfrom A nil transportation, .which has for mauy years cugroescd ‘(o atlention ‘of a largo nummber of out peoploy wud Ling boen the themg-of dis- A T of legisiation, on (he nustings, in The question of establishing & soparate dopsriment | localand goneral commercial astomblages, aud at overy of fhe foverument, to which shall’ be committed the | niceting of thls Board sinco ita orgunieation, has with- t i the past, yoar_assumed oven greater proportious leretofore ro- | than hitherto,” Tn many parla of tho country the thom beartily, and thoy woro admitted Lo all (he priviloges of tho meat- rollef fram buirdens ‘tliey in mony in~ in thomsoives, and tendiug to the batanco, ‘Tho'cominerclal, manu- all classes havo bien toro of Tho Council aro deaply Impressod with the conviction' | lous mayed 40 tho conatderation of the subjoct, aug the M, PREAIDENT AND GENTLEMEN, MexnEna or ik | that this subject should bo vigorously prosscd upon | convietion appears to be ulmost unsulmous thst therois NATIONAL BoARD OF THADE: Astombled hereas you | tho sttention of Congross uuti} the effort to wogure | & eerlous disproportion fu the measurg of profits real- ar6 by nyitation of tho Board of Lrade of tho City of | some such o departiment aro crowued with vouiplots | ized by tho producer sud esrrior raspuctivaly, * It may Gilcago, it dovoles upan e, by Virtue of au aficial | scccen | aud entoctatulog Ll vicw, wo n;}\wul réa- | not, oit a comparison, ba found that tho rate recoutly Thoy woro escortod ‘to goats upon tho plat- farm, and Mr, Howland wag jutroduced Ly tho Clair, and aesurad thom of thoe sincero plonsure all tho -dolegates Lad in mooting them. or ignorance, and mako thom fool , that freer ro- 1ations botweon the Lo countrios were bonoficial to both. Tad those meotings boen held during tho war tho bittor focling botween'tha two coun- trios would havo boen groatly diminished, Buch bodies wero also of groat aid to govornmants in dealing with internations] questions, -ospecially whore commorelal muttérs were mvolyad. might fairlylook forward to tho day when the sails of occan shaps shone in the Linrbor of Chi~ cago, coming - through - the-improved Canedinn Ho aud bis associates would take part in dobates on subjeots of interoat to Cana- diaug, but would endoay on othor pointy, HOURS OF MEETING. £ N, K, Falrbauk opponed the smendment to hold-a gonsfon Jasting till 6, since -it interfered with dinner hours, MF, Tuylor did. not. want. any jun] vor' night sessiony, afternoon’reccsacs were aud ho was willlng ‘to sit_from 10 to 6. I araendmont was loat, An amondmont {o sit fron T'he vriginal proposition was adopted, COMMITTEE ON TRANSFORTATION, Col, Groavenor asked if it was in ordor to pra~ poso tho appointmout of Bpecial Comnittoos in to maoturo subjects fox discussion cct, 10 bo | orat present ourrent arcimaterially, or, perbaps, in iy -and alko A bill | dogres, n'oxcoss of a1 ayorago for tho past ten yesrs 3 o bo yrocented | bug thdsg raten ra Uolug mora clovely. scannon, el no of profts resulting from cted » to* oxceslyy fizen thnt u yasily largor percentaga ¥aterroutes, or o limit {housolves io trunsporior, 1u some tha Btates thero Law already Loen initiated u move- ey fuyite your attoution, Tha firat of ticeo | uepy to control tho clurges Imposcd by rullyay mi:buuulun, companica within xcasounble lmils, “and iy insuch a way os tho wisdam ot Qon- [ others the question of ke action Is beln nd espoctally to seouizo tho (. gross shull dolormine, peruaps by 8 dirol Appro- |.iglated, while, In addition, & no insiyniticn! proper’ cousideration of fuestions pertaining to tho | pristion of » given amiount per ton o oach ves- | miovement {8 in progresa for cpllfug pon the General fuunelal, commeraial, and ludustrial futeroats of tho | sel put in comulsslon for = servico under tho!| Guvernment tofnterfero nndorita supposcd grant of Amorican flag, The adoption of this propoaition will, Enwerw Tagulate commierce botween the Btutes, and enoral mind been more | ¢ least in a weanuro, result n placing tho Amerlcary | by ing matters of publio | ship-bulldor o a moro nearly equal fuoting with his | control ovur the managemont of thy groat inter-Stute policy oud concern thui 10w, and euroly, binco the for- | compelitor in foralyn countrios, This, whllosooming. | Tailways, and spporenily with & view of meoting luis Tuation of your Assoclation, thore has ot been n time | to polnt in the direction of a Gavernmont subsidy, of greater nocestity for the prover couslierstion of | nowso gouorally Feyarded with disfavor Ly tho peo- | at i laut seaslon appolntéd sn sbla Committce to fus questions portaluluy to tho common interosts of our | ple, s in rwx‘rly little plso than an cquivalont for ap' | vestigate tho subjeot and ropost at the ensuing sosslon, try D tubrains | 1€ Ja imdoretuod this Comunittoo kiava spent matich timo of my duty tonamo subjects for your | struction of yesyels,- and s belsvod 10 bo very miuch | and Iabor {u thelr iuvestigationy sud 1t is coutidentl blca for your discuaiion, | logs liabla to s be ' @ bt all Glasves of socloty | refundment of dulles can bei Dut, at the ssme | to tbo countn information brarlug production to bo | upon the ayestion of groat vuluo, Intimately con- oeo uiported frop | polod wilh the subject of (yansportation by eall 1s the Tlo know what 'Cangrossfonnl ennctments assuia gomo deyreo of h 10 till 5 waa loat, o Hennte of the United Slates blo to " presen mentloned wore prosented by the Ixaoutive Committeo iu a very genoral form, Business would be facilitated if thoy wore hand- od to spooial committevs to maturd some dofl- nlie recommendation or plan, Lipvo & Committoe of Flvo on Lranuportation. Mr. Wotheroll, of Philadolpbia, eaw no reason for uppointing committees to prosont rosolus tigns. Why should the subjeot of traneporis- tion he wont to a cowmmitteo whon'the loard had resolutlons prepared on the subjec Tho Convention was nab a lurge hody, ar Committeo of tho \hole wus tho bost placo to dlsnes things of this kind in, 3r. Howo, of Clicogo, said his Bonrd waa abont Lo make tho same motion ns Col, Qragves nor, wnd_proferred to bave the wholy sabject go {o » special commitieo, Mr. Durwell, of Now Orleans, thonght Col, Qrosveonor could uccomplish his purposo by way of an umondment to the resolution, Cols Urosvouor did zutlon of rullway cor- dovs not liu 8t the very foun- ution, the adoption of the proposition embraced' | dation of sl tho griovances compluined of. 1t s but Ha would liko to tuyasivl houcatly in ratlway eptere 0 \{\ny de- 0 pay lurgo divi- und, furiber, that theso corporations, necesnitios of tho & “voom that wome | people, shall bo maunged with gtrlct economy cntlen country o | diserimination 1 favor 6f this Inforost must | mid Wil it fuiegrity, e iolr enruingy Wio' caty toll tho fiul rewdit? | bo mado by i Govesnment o scomplish tho | less only th Whethar it shwll b dtsautrous o oll, 58 1 Tikw s o | eud skt Verlapw o foutury of Auwerlcan fudntry | caas Uiy apyied, 6, tho tuen of by corparation, and ,.or whelhor, indeed, the country will not bo twne | Lius been su wroat & source of mortliicatlon Lo the yatrls o Icn]‘l‘x lgln lemmnl: l? lmlfi)fl x:ll{‘ thx ot of ovl abitaes, and of perils attondan CTouN T 18 K 'that fongren Nk conforrud with youe | Joaaily to coniprehond nud (0 {rico thie cataes, oxlsb= | Nos, & (Ive) amd 0 (s3) of the ofilvial programin ‘miombors, Aought your sdvico, and hss been tufiuoncod | ing fiv the recent past, which have coutributed tobring | would seam 10 Lriug tuo whalo subject of trabsportase ou are eateomod for your practival | wbout thefact hy which the tistion i thus humiliatod tlon before )‘«uhmu anly the relationa of rallways to 3 vo Vau ata | but ftupw bocolnss ut Lo dupt u wisp gnd et i b et the by ¢ ulee, o lycovouncut s supposed to npprociate, ssonly those huving your | course (o rogain our former jouliion an & great warl- | extensio: c ) 3 ¢t Iu un omie s ] o4 s Jame | fhie peoplor Ade sous suy quesblons of prido, wo | meutly pyachiosl sud uutioual ‘ouo ; it sawificatious o Ligitinamto Sost> of ocratingg, shalt ol thnt 1o tuner cirelo shull firat, ot at any time, bs pee- roun thils discusslon | otlo Awerlcuy citizen un (o decling du tho”past tow mitled to sppropriste ung of u‘n: rl:n\rn\;“ul'rgigé‘:x'dfl:a 0 bodg ¥ eluet, the Iz ovement sid not waut committees gx- copt whero tho Ixooutive Couwnmitico had uov supmmttoa rosolntions, Nono had beon offeroa In rogard to transportation, and thora was thero- fore nothing to amend, There wans no sub- ntantive proposition hat could bo acted ton, ,Tho Committco proposad could comparo f'and“wolgh sl iho plans which might bo suggested, aud thon' ropurt ita action to tho whola Board. e did not seo how the Buwmd could, without wasto of tino, take up the sub- Joct, tnloss nctod on by the Commitea, Mr. Burwoll Lelleved the gentleman could offer & plan a8 a substituto for svou tho gonoral mantion mado in the prograinmo, . A delogato from Now York wanted o commit~ teo 8o that tho Board could lave tho boneflt of tho oxaminations of the Commitico. Mr. Wetherlll bad misundorstood, Ho had thonght Mr. Grosvenor wanted half s dozon commiittoos, Ho saw no objection to a Commit. ‘toc on Transportation. e Tho motion to suapond tho rulos was agrood to, Col, Grosvenor then moved the Olair appoiud a committeo of five on tho subject of Tranupor- tation, to propare a report thereon. It was agrood to. . It was moved that a committeo of soven bo appointed to confor with the dologatos from the Dominjon Board of Trade, aud make roports on IBIV points thal might ocour to them. t was agrood to. Col, Grosvenor suggontod the subjaot of Canae dinn Rociprocity be reforred to that Committee. 1t wasa agreed to. TRANSPOLTATION AND DANKING, Br. Woolly, of Obio, said that two most {m. orfant questions ‘wore transportation and ational Danks. o thought, tborofore, that tho Currency and Natioual Banks should Le ro- forrad to o spocial committeo. Numerous propo~ #itiona would bo mado requesting Congress to do this or that thing, and thore would bo & pro= tracted debato. If tho Committeo was rsised and all reolutions nent to it, tho Committea could ::\u!m & roport on what thoy could build up a rosult. 555 Mr. Gano wanted a distinction drawn betweon thess potuts and finauce, since the latter would bring up tho genoral polioy of the Governmont, Mr. Buzhy, of Philadolphia, said if they ro- forrod everything to committeos) no good rosult would be socured. Ha wanted no commition discussion, but meot the subjact on the floor. Mr, Wethorill, of Philadelphis, said if a ques- tion was roferred to a committeo, tho report was fraquantly moroly a compromiso of the viewa of tho mombors, not a logical conolusion. But on this question no compromiso was noedoed, Mr. Stranahian, of New York, aaid tho subjoct woa ono which bad boen much disoussed, much roferred, and was now exclting much interesl in tho country, e was in favor of su immediato. roforonce. Mr. Bakor " thought discussion amounted tgo nothing, Thore must bo sction. Who should f‘mnum it, an individual or & committeo? The oard would never agroe on & plan, Evorything was tho result of a compromiso, Whore tha Exoccutive Committco had made no spocifie roc- ommondation, thero should be a special ono, Mr. Nourso said the rosolutions of the Boaton DBoard on the curroncy quostion were propared bofore the panio. Very Ll elfi the meoting would want gomo spocifle sction, But it would bo hard to arrivo at euy without tho aid of a committeo. The points wora #0 many and so importunt that they. woull consume tho entiro session, Ho cor= tainly favored the motion fur & committeo, Tho motion was agroed to, and tie Committce {ntrusted also with tho subject of n National Banking law. Mr, Woolloy ‘explainod that questions of the. financial policy of the Govornmeant would not go to the Committeo. Mr, Btranahan thought the whole financial question should go thore, Mr. Allen, of Philndelphin, agroed toit, Tho Board had often mot and ofton generally ox-. pressoed itselt m favor of spocio poyments, Now lot tho whole subject go to a committes, aud havo something dolinito reported aud acted on.. Mr. Grosyonor asked if thore way no roport on; the currency, The Obaig seid nat, Tho only two weraon the. Bankrapt Law aud the Dopsrtmont of Com- morce, “Tho Clinlr snid the last Committeo was an im- ortant one, and Lo should taio time to appolnk t. : ‘Tho Woatern Union Tclegraph Company 6x-- tondod tho conrtesich of 1ts - lines to the delo- gutes, and thanks wore roturued thorefor on mo=: tiow'of Mr, Gruy, of Philadelphia. : TUE COMMITTEES, - The Oluair theu designated the follnwing ~em: waittacs s Transpoctation—Grosyenor, of St, Loul: Tfow, of Chicaga : Gang, o Giicluuatl’; Mastofs, of Now York 3 and Al lon, of Philudelphin, Bubgequontly Mossrs, Gano_and Maskers were Couforenca withs Ganadian _Delegates—MaLaran, of Milwaukeo 3:Bond, of Boston ; Boynton, of New Yorks ‘Paylor, of Ginolnial Dore, of Ohicago ; . Huskoll, of, Tortlund; und Mawloy, of Detroit. 3 L The Ohair suggestod that tho transportstion poiut was ono in Which the Canudian delogation wos Intorested, and. thst thoy be'requesied to appoint two of their membpers to confer with the Committeo. Thoy were so roqueated. IMBHIGSILPL RIVER NAVIGATION, It was nsked whothor the Committeo would lool aftor the improvemont of the navigation of tho Mississippt and other rivers, If wo. he wanted Mr, Burwoll, who had studiod the sub- Joct, put on the Committoe. 10T, Burwell snid the Bonrd at its laet sossion had andorsed a caual connocting tho Mississippi with tho Gulf, Thae question of transportation was a saparate one. Whon tho lminl.al teans-’ portation was raised, thoy would discuss thoe watter on the floor. 2 ‘Col, Grosyenor thought ‘it’ very propor Alr. Burwell ahould bo put on the Comimtteo. Mr, Woolly presumed the Committeo Lad boen- appointed to roprosent both sldes fairly. Should they put on one more who_represontud u boliof in the powoer of the Federal Govornmont to im-- prove river navigation, oto. - Mr, Burwoll roitoralod bis unwillingness to. sorve. ‘Pho Committeo was all right as it was. Col. Grosvenor was sure the impression ap- patently felt by dr. Woolly, that log-rolling: was tobo carried on, was & mistake. Another membor did not dream that there was: any conflick 1 tho matter. Lhey wanted s, llln;ly lines as they could, whother by rail or water, r, Burwelt favored evory possible wey 4o tho acean, and he did not ropresout auy one interest to tho prejudico of any other. 1Mo -wanted tao 8t, Lawronco and eyery other routo opened, Mr, Woolly vxplnined once for all he hed “not or should not impugn the motives of any man ; nor did ho reprosent or opposa auy intorost. But thore was a difforonce. Ona! wido held the Tederal Government had cartain power aud the other that it had uot. Thoroforo ho wanted the Committeo made up with na‘unduo propondor~ anco on any side, = ‘I'ho Chair oxplained that the Committes had Doen olectod morely from their aupposed knowls odge of transportntion. No othor oloment ons torerd into hin choice, ‘Thie motion to add Mr, Burwell was loat, W .- . BIIP OANALS, . Mr, Wotherill moyed that tho srticle on ob- structionn in Cunndiun wnters- bo uoul to the Commuttee on Canadinu Reciprocity, and it wad, agreod to, Mr. Ifowland, of Toronto, statod that Messra. Hugh MoLellan and Thomas White would ropre~ #ont tho Dominion delogatos on ‘tho Bpacial Commiitteo on Tranaportation, ~ T'hq Beerotary read u communieation from tho Board of L'rado of Bhrewbury, England, enclos~ ine o resolution to tho offcet thut 1t was of the opiuion thut the coustruction of tho ship canal botween Lake Huron aud the River Ottawa would belp tho chone)trnunr\nrznnon of grain,otc., to Burope, aud would b of great commercinl bon= efit to tho Westorn Statos, Caunda, and Europe, and urging on tho National Board thoe adoption of all nieaus in its powor to furthor so desirable ® projoct, i ” 2ty xl‘fi, was rofercod to tho Spocial Commitice on Transportation, - "The Chair eaid the firet tnng In ordor waa the roporton the Dopartmant of Cummorco, which wa {n the hands of the printor, It was postponed till this morning, Mr. Wothorill ealled attention to the noconsit: of early roports fram tho Committoo, whic owbracod about one-third of the entire budy. g . AINOURNMENT. H Tho meeting then ndjourned till 10 to-day, when therg \vifi bo diseussions of, groat intores ta tha publio gouerally, who are iuvited to liston to thum, ————— GOLDSMITH MAID'S MATINEE, Goldsmith Mald'a raco against time ocouve at Dextor Park this ufternoon. ‘The advertlsement annguneing thio prizos sho ia to vecolve for timo bettor than 2:20 in the- heats will bo found in anothior column. A running horso hitohed to o sulky will accompavy hor on the rounds, in ordor that she may bo stimulated to evory cxortion, Tho lime heats will VLo inter- spotsod with bents of o raco for n purso of 1,000 botwoen flrst-clngh horses. Thoso who dosive it can procuro tickots down-town, and avoid voxalious doluy at tho gate, by applying at olthor of the following places: Grand Paciflo, Bherman, Gorduer, and Clifton Houses, au Drown's, - Foloy's, \Vallox‘d‘s, aud Parker & Tl ton's,