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8 Wio sottlomont of casce ariaing ont of tho stendy and reguinr couraa of tradd=ud commoree, Whtlo It {8 truo that tho bankrupt fiystom of Groat Dritain hias beon gradunlly built up aitico 1643, and to Romno astont in 116 modol for ou law, it muat be recol- Tected Sunt the limitod area of territory over which it Acls in that Kingdom, nnd tho diforence In tho methoda of transncting business, which provuil thore, should be duly regarded in forming a Laukrupt luw for {ho Uniled Btales, ¥ ‘Endoavorlin then, to oxamino tho working of ou Tnw by tho Hglitn of 'tho oxporionco furnished in ia application to coniracts mndo ainco s enactment, wo havo coma (o tho conclurion that it neods a very thor- ough rovision lo adapt it to conmercinl trausactiou, znadlo In (hio ordinary nud regular way of bisiness, nn nnifectod by any violont roactions growing out of n st of ar, or of wuiersal disruptin of (o courses of trada, In (o nttomnpt toxench and dofino il possiblo con- tingencios that mny arieo it o enso of bankruptey, the ot teelinieal and nrtifieinl dovlcos known Lo tho fegal i havo been framed ia tho lopo {o mostand rasstor ent, : Ience, tho first atops 1o tho process piace both debtor and ereditor §u tho chargo of officors appotnted by the Courls, and such officora dopend on remuncras tion for thelr eervires by fecs, Tho dutics, (0 0 largo oxtont purcly technical, which nra to bo dischurged by theso officors, givo thom many opportumities for charging such fees by interposing difticulties fu tho way of recelving proofs aud papern required by law. croditor, who hns eslled upon Lt private counsel ta prepure his papers, nud pald him for tho rervice, often finds that guch papersaro not satisfactory lo a Reglster ; that olticor 1g the chief pivot on which tho Inty moves ; aud b, if hio choosen, may obfect {0 and alter the form of u proof, and deimand A feo for tho Bervice, that will bo not only vezutious but oppressivo In thio oo way, clerks, Marsbinls, mosecngers, and mesistants cngagod 1o the prolimiuary procceses and Bervice, aro putd by féen, aud any ono who hna had but slight oxperience i auch matters, knows - how raplily they accumulute, and how difilenit it fs to undorstand by what rulos thity sro computed, Tho law provides that the estato of » bankrupt. shall pass into tho hands of nn Asslguoo to boadministoreds and, while it gives {ho appointment of tho Assigneo to thio ereditors who linve proved tholr debie, 1t places Tiins £0 comyplotely n 4l power and_ under ‘the suer- | ,vislon of the Court that he cau searcely move beyoud tho simplest cases of #ulo of property, or collection of @ (lebt, without sn. order from tho Judge ; and such ordora'quilo ofton aro ot attainable beforo & roferenco 118 boen mado to u Regiater, or soma of her oflicer, and ponsibly by a call for Jur{. The cxpenscn of tho Aslynco and his componsation oust nlio bo 1id out of tho cstato beforo distribution 36 ninde to creditors ; and wheu distribution Iu ordered 4t must Lo computell, and mado by tho ngency ofn Fegister or othier coutt oficial, % Thio regust of tho wholo #yetem Ia, that by tficso chiargen tho cstato Js g0 much diminiahed thnt 16 ver rarely hnilpcml it creditors receive n dividend at all approaching the unount that had bLeou offered by way of compoaition. Trdeed, tho results of sottlements nunder tha Taw, that have heen communicated to us, arosimost in- crediul in muny casca where 80 por ceut of tho debla were reasousbly oxpectod, only 10 or 19 per cent s been realized, Such cxperienco 13 niot limited to our own country, for it 13 stated in nu English journal of great authorl- ty, thul in Great Brituin the charges for seitloment of £ho eatates of buukrupts nmounts on the average to B0 per cent of the extates neslgned under the law, It is monifest from tho gonerul expresslon of our ‘business meu, that our Jaw Ia not sallvfactory, and tho pmondment nado to it at the last acesion of Congress §5 considored na most unjuat and partial, That amond- ment. refera spectaly o Ulg exeupllons of proporty belonging to tho dobior, that slall not pasa to tho As= wiyneo, 4 i "1 Congrasse hind provided for an allowsnco o tho debor tint should Lo uniform, no ono would liavo ood reason for complaint : but when in addition to o oxemplion of 2500 tliey specifically allow thoy grant wliatmay bo allowod by Stato lawe, thoy entor & Fogion of nimot unknawn quantitics. “Ihe Stute Jaws vary in their pecuniary allowances, from $100 up to $3,000; and_ where Lomestead and Furniture allowances aro granted slmost without lmi~ tution, adebtor mny romuin ins very comfortubla coudition aftor lis debis havo been oxtingulshed by Tow. Under snch a pyatem tho Inw cnses to ho nniform thronghout tho United Statcs, ond it may well bo doubted whether by tho iutroduction of such pro- yisfons, tho luw does not become unconstitutional, 1f thy law s to work a full discharge of the doblor grom nil obligations exlating at (ho 1imo he becomes tho sihjoct of its u{:]lllm\lflu, the credit -ghoukl have tho right to jnsiat thut bis cluim shonld huvo Lhe right $0 fnmiet that Jis claim should not ba affoctod by any local lu. “There are other defects in the law that mn{ bo brief- 1y noticed, Tho sovernl District Courta of ihe United Blates, il bavo origiual jurisdiction In cases of Lanke Fuptey ; and whilo in somo degreo thelr proccedings nro regalated by tho sules addpted. by the Supremo Court of the Uuited Stal yet in wuny casea tho Dpinion of tlio District Judge becores funt und con- winsive, and this bne led to difforont declsions in dif- Terent districts on the samo point; for the corroction f whrich 10 appeal is allowed to (ho Buproime Court of tbo United Statce, whero tho sum fu controversy does Aot excecd §2,000, Tt reaniis from our eximination of tho law and from {hie opinions.of many of our most futelligent businoss men, wkose perkoual exjerience of ite wonmnq cutitics their judgment to greal respect s that tho time hus £ome for very radical smendments, or for its sbsoluto eal, - "¢ e moy bo permilted to_venturo on any sugges- Hons for jts amemiment, wo would say ¢ “rat—"Thut the whole system of com{:nnmnon by Pees whionld bo abolished, and that' clorks, Morainl FoeRsongers, &nd Registers should bo pald by fixod salurics s the Judges are, - ‘Second—That tlio nunicrous references of (o ad- miuistration of o catate of o bankrupt to tho Court, Fhouid Lo suporseded by onlarging the- discretion au powurs of flic Assijneor Phird—that’ to uld tho Assignoo in tho settlement of tho estuto contided {o L, tho creditors ahould, at fhio sama timo ho . chosen, chooee also o committeo of not. loes than thres §or moro than fivo creditors, Who shotld hivo power 10 suthurize compromisos au bettlementa with debtors, aud {o direct and approve of Balos of property, and to'nudit and eeitlo the secounts of (o Astignue, sud mako distribution, Fourth—that unless ppplication was mado to thie Court for it interventiou, by &_greditor whoso dobt bad been proved, tho wholo “burden of the Tealization, settlement, and distribution of tho_estate, should ba left abaohiicly to tho Assigneo and Comubittes ; and Hhut the proof of debts ehonld bo mada i such 'form 28 was sutisfuctory to tho Assignes aud a majority of ho Committee, ¥ tiiThat tho smount and kind of property_to bo ‘ssomgt from tlio assignment should bo fized by the low of tho United Hlntcl, and not be diminished or en- lavged by suy Btate Jaw, e rosomuond tho simplification of {lio law in tho foregolug tsnner, Lecuuso we nro satisfled by experi- ‘ence that the beet gettiements are made when creditors aud deltops alike fee] tiat the management of their Diaics fs i Lieir 0w hunds ; tint thoy ate the best Judyes of their own intereste, und cau meet and apply Praciical knowledgo to the kettiement of diticult casen 1n o way apd with un effect 1much morg aupcessful sud eatisfuctory than could bo hnd through n proceeding 1 Court. and hy‘fiw cxpensive aud tedious processes of equily, procecdlngy, e Fosomond, Usorefors, that a memorinl aliall bo reyared, praying Congress to causo o revision of {ho Fanrupt 1w of thie yeur 1861, to be mado by & com~ mijulon, to conslut 'of (ho Attorney-Geucral of tlio Undiod 'States aud eeven morchonty, buukers, and suanufucturcrs, who sholl report otk early a day os any bo practicablo what nmendaients, if any, shonld e rdo to the lnw, or whetler it {8 ox) edjcut that it should bo repenlud ERCDERIOR FRALEY, WILLIAN GROSVENED, Qct, 16, 1873, * Conunlteo, MISCELLANLOUS BUSTNTSS, "Tho Chalr announced thut srrangements had been mnde by tho Beczetary for malling and forwarding Jettors, s Tue Obalr announced that the delegates from tha Wilmington Board of Trudo were prescut-—Messrs, Preston Loo aud Georga W, Grove, r, @ano, of Olucinuati, suggested that all commit~ tees which had to submit Teports should have them printed, o mado'a motlon to thut elect, which was sdopted, ‘ It was moved that the subject of Poctul Telegraphy o referred ton Commilten of Fivo, @ “Tho motlon waa lost, Tho Chalr kafd (ho first business in order was {he report on the Dupurtment of Commerce. Sluce tha report was not quite -ready, it was postponed towmpo- sarily, ¢ AMERICAN BIITPING INTEREST, Tho third propusition, and the ucxt one In order, s an follows : . Heolced, That o Suat xogard for tho incremno of Amerieun shipping interests should eaugo Congrean to g0 Amoriean ghipeluitders and ship-owners by owgnee of bounties for Lullding ships, whetler the matorisls wsed in construction b of forsign or b producton ; 8o {hat tho Amerieun ship- Lullder may Lo placed as nearly ak poneible upon’ il sanio foollug up s competilors in othier countriea, Hewoleed, ‘Yt tho Bonrd would genow s recom- wondation o Congrese, that all srliclen of foreign woduct, needod for the subsistence and goncral ueo on Foard staucks ehigagad in the forclyu trude, bo nllowed to bo witherawn ‘without puyment of duty from bonded warchouso, Reaolsed, That Justico to the ship-awning intereat, and the host welfire of tho natioual comnioree, afiks dewnud that (he right ba conceded by luw to American citizons to purchnee tonnage whorever bullt or owned, and to plnce {L under the protaction of their own tlag, Mr, Hoffman, of Phliadelphia, moved tho adoption of tho arat rosolution, BOUNTILB DIRAPTIOVED OF, M, Tawley, of Detrolt, safd it struck Iim, for ano af Jenst, L could not apprave of the resolution giving vounties, The sbip-building futerent would tlourisl nud thirive when given o fafr chaneo with otbor fudnse tries. They bad Letter remove all impadinouts to the progross of that nduwry, Bomo shipbuflilors feltn Jower cont of Iran, &c., would cnuble then to compote ith ehipbuiiders ou fhe Clyde, With o tarlf which would adunit articlen entered nto alip-bnilding duty free, and whien the currency was improved, thoy could compoto with forelgn shipbuflders, They must look 1o genoral meamres to ramedy the evils complained of, Tho third resolption met the cave o fur a the de- struction of the carrsing trade was concerned, 1t wus loped they wouwld uot now begin fo enact redolutions which favorcd ome fndustry at the expunso of onothur, Fhe Doard lad ongo ro- quested Oongross to muko o tarl(Y which did nat dls- crimbunto nguinst any branch of buninews, and that swas the trus ground to talko now, They’ must nob secommend to Congress {o dopart from itw oqual Foliey to discriminuto in favor of ohip-buildiug, much an ihoy wanted 3t built up, WILNINGTON DFFLONES SITIP-DUILDING AGITATION, Alr, Btoug, of Wilinfuggton, waid bio city hed ‘s itaréat tu Sfou rhip=uuilig, and I winted to spes von behalt of his ship-builders, All of them wore “uauimous that tho pusiage of the first rexolution wwes auieeaeary, e cont of buldiug fron sbiys on the lyde was conatantly golug up, owing to the conl aud Inar questions, whilo Jioro tho Increswo of Jator and quanlity ofiron and Iabor-anving machines o do- crensod tho cont that thoro was now only 10 per cent: differelico batwveon building horo and abroad, (Cheora,) 8o llio Amorlean fran wlitp-bntldora dld ok want tho reaolittion, Whoy remenibered tho. offorls mado fo neoura legialation on thie subject and tho, inability of thom. Lo busingss must tako Ha' chances in Con- qress, Tho Wimingtan peoplo deplored tho_ agltation ,)l' tho queation, since it kept peoplo n nneertainty, .They were expeeling romo action from Congress nll tho Hme, olther (o lawor or ralsa tho cost of butlding. 1o lioped the Bonrd would fubls the question, i DE IN HIILEA Mr, Hoffman, of TitA 4 Tlilindolphis, sald tho Exeeutivo Oouncil had falily considered tho resolutions, All thnt hind been enid eamo from specisl localitfen, Wilming- fon had the, monupul‘{ of building vesncls for tio coastlug (rado, and did not thinlc ot oll of forelgn com= meree, Thoy did not think that people wanted to sail their ips widor the American ilag, ~Merchants should have o right to buy ships whero thoy ploased, and put them under tiolr own flag, It would uot in- - torforo with ahip-butlding, 1o hoped all tho resolus 1lons would bo pasacd, THE EXEQUTIVE COUNCIL DIVIDED ON TITFE QUEATION, Mr. Buith, of Milwnukoe, sald, tho resolution camio from _tlio Exooutiva Counicll, of ' which ho wa o member, but sinco ho lhllllhlu{l]lfilu the resolution, he would ply tho Conncll waa not an unit for it, Ho'nd. mired o aplrit of b0 Wiimington poople, who antd thoy could take care of themsclves, and Lis informa- tlon wan that such was {lo growing' sentimont of this country, Tho ndvanco in tho costof iron, atc., in England placed Americans whoro they could soon com-~ peto successfully, So he wos Illlnr{u‘!\'llnlnd to tho resolution, but ho wonld aupport the third one, 3z, Fairbank, of Cliengo, moved to tablo_tho firat and hecond resolutiona (voto thom down), o with- drow ity howover. M, Wright, of Ohicago, wan alto a mombor of o Counell, and agveed with $tr, Bmith, . AMENICAN BIIM-BUILDING PRORTENING, Ay, Wotlierill, of Philadolphin, ogrecd that tho ship- brilders deared to bo let alono, nd nceded no protec. tion. 1f thoy coultl -aoon compoto with Clydo-bullt abips, thiey Bliould voto agaluat nil the rosolutlons, s~ pecially tho lost. If they comld compoto with' tho Clydo, ninco iron, Inbor, nnd conl were on_ thelr sido, why did thoy want free slups 7 Ship-bullders horo bo- g0t Lo nca tliey lind thelr opponenta st an. ndvantage, and no other interest showed na_much nctivity, The English peoplo woro surprised, Thrco Amerlcan-built #hips wero at Liverpoul to-day. built witkout hounty thelr cost not Iean than §50,000, equal in strongth and ‘running Amerieun ¥ toresta, Thio hird rosolution e favored, Aeeing no speed to English oncs, and about equal in cost. Blx, others wero now building, Sinee ship-buflders nsked 10 bountics, and since English bullders wore looking for tho loss of thelr trado, the latter should not bo cn- cournged by (ho pansngo of tho third resolution and make offors to keep whnt they wereluking, Lust yearin Now York 1o enw what was coming, and tho Convon- Alon lid whvely postpoucd agtion o tho regolutions, Tho futuro wia hright, and they must not give boun- tles direct or indirect to ahip-builders or owuers, Tho dny of bountles wes pust, Publio seutiment wos sgatusk them, HPECIAL LEGISLATION ODJECTED 70, Mr., Orocker, of Doston, fuquired if thero was not some drawback to the forelgn material used in ship- piug, Ho was not nltogether conversant with tho mat- tor, but ho belloved (hat this was ot the timo to_raise sich n question ns (hat proposed by tho resolutionn, This wae ot tho tne fo potition Congress for spoctal legislation on tho subjoct of ship-building, or any other, QENERAL DEDATE, Mr, Stranabinn, of New York, did uot propose to combat at tho present timotho ressonfug of gentlemon, Tho passag of tho second rorolution cortainly could not hurt any one. Tho advantnges given to British veasels in regard Lo provisioning shivs shonld bo given tooure, Winnington could not bulld ships for the forelgn trado sinco thoy could not ho run, Tho Wilmington delegalo sald they had buflt two vosacls for tho Lucific Mail Company, Mr, Stranslian sld that wis not trading with » for- ofgn country, Let tho first and third resolutions go, but adopt the second. -4 Tt wag asked what tho differenco was botseon rune ning to Panntia nisd Liverpool. = Mr, Straunhan fouud quite a difference. Mr, Wotherll said the provieloning for a round trip might coot §0,000, of which only 5 por cont was of forclgn nrticles, " Mr, Straunhan said o 1ind_acon vessols waiting for ‘wheat aud corn to ssil to Liverpool, and out of niuety only ten bnd our flag, sinco wo could 1ot man and fur- st them as cheaply o8 European Statcs, and that way tho great trouble, Qur wagos wera doublo thelrs, aud that could not Ve helped. But wo could allow’ our vessels 10 bo ropuired, otc,, with forefgn ariicles, freo of duty, It did not amoust to much, but still it iudo a difference, AWOTD FOT TITE BIIPPENS, Mr, Burwoll, of New Orleaun, #poke for thore who froighted n)ll‘fis‘ and felt no dispesition to vote for the frat two rosulutions, siuco they ld not Lolp thoro o represonted, ~ Ho had Lsten with intoreat to the necounts of the progress of ship-bullding, and fanefed 10 apectal protection was neaded. Now, New Orlosns oxported o million and o balf Lales of cotton, chiofly on iron veasels, 65 por ccnt at least, and nearly ail oun foreign. veseels, But no one could fail to sce {hint fhio ubindanco of raw material in thie Valloy of {le Miosiesippf would mnake it the great producing contrp of the country, The trained laborers of Eu- Tope Were pouring in here. Cheap food drew skilled Talor Liero fo work against Europo, Ho would vote | against tho' first two and for tho third, stuce iron nieambonts must inevitably be built at SL Louls and Pittaburgh, Thera was the food, coal, and iron, and thero ihe libor wonld go, Ho bolicved hfs conntry- Bion would work uut this provlem without furtlor pro- toction, NISTONY OF EXFONT TRADE. Mr. Meissner, of New York, govo a bistory of the export bugincss for the lost threa years, Al fho ship- builders whom ho kuew hind assiired bim {hnt thelr yurds wero doing well, 8till, tho higher exponss of cle wiis detrimental to our in- eason why Amorican houses should not piirchoso ves- pels oven f built sbrond. Ho aleo descriliod tho in- cresulng commerce of this country with Norway and THE CHICA¢O DAILY TRIBUNE: THURSDAY,; OCTOBER 23, 1873 e e e ——— e e ———————————————ter ey people woro ship-bildors from nn carly datoerom ne- ceasity, ‘Tho country wwan heavlly timberct, Thia Couniry produced overything noodod tn Mi-bling, And why nd_our_commerca beon driven from tho acan? * Our flag dld not proleet ourshipa, Tho fage of other nations did. England went into tio bulliing of {ron_ liips, sinco {t had il tho matorlal for them, it no wood, ' 1t cont lems to {nnura (hem, Mang men swhion tho war caima kold thats ahips to forelin govern- menta, and our commerco dwindied dowa tn nothing, and thin shipbutiders went. into othior purauits, Thua ot lnbor, Now tho peuplo woro graduily ke ingup. Thero wan o reaction in_ favor of wood, md wooderi-rbips would continuo to Lo mado, 'Tron wag growing dear, and_ thero was a qucation a8 to the conlsupply, They bud memorfalized Gougross and got noliolp, Finally thoy went to work for (hem- wolvon and setifod tho queation practically, and wooden shipa woro golting to hinye tho proferenco, Tho ship- plug trade was roturning to New England, TN® FINAT DEROLUTION. Ar, Takor, of KL, Lonis, moved n divislon of the qiontion mo da ta 5ed if they could makasomo progroes, 0 wished o voto on Lho rosolutions oparately, ol, Grosyonor anked if it Woro not Iu order to move tho rejoction of the first rasolution? Thore noemed to bo searcely any advoeacy of if, aud to got rid of It would narrow tho fiold, o moved the body procood £0 vota an tho firat resolution, Bweden, almost entirely in wooden ships. Tho and second rosolutions hie could not support, LET THE BHIP-DUILDING INTENEST ALONE, Ar, Kinzle, of Ciucinnadl, thought that tho present ehipping business might bo left to tho people mun- aging it. Bocrotury Lontwell sald that during {ho 1a8t year 73 por cent of exporta wag carried in Amerl- can ships, to 76 the year boforo, Mr, Hofman, of Plilndolpiis, was nefther shi buflder nor owner, and was disinterosted about it, e felt tho three resolutions mustatand or fall to- gother, though thoy probably would not, 2ir. Davis, of Cincinnatl, said somo of the membera of tho Counlcil liad statod why thoy did ot ngreo {heso, Tho changea in tho cool and iron trado sluco that roport waa uado indfeatod they should lot tho subjoct alono, ALL THE SHIT-YARDS ARE BUSY. 31z, Dore, of Chicagy waa in favor of Lo last roto~ Tutions, but opposed o the first, Iis jnformation ahout {hio veseal Intercst was that all tho ship-yards were busy, If 80, what moro was ‘desired? The fostering ~ of any . ono ifutorest at the oxpenso of pihora was wrong in principle, and the argu- ments used for il upeclous, Kecoully un Fugllun committco visited the Wisconsin iron mines with o view of moving their entirg muchinery hero, 1f go, vy ahould suy apecial privilsyes bo grauted (0 peoplg using iron? Wilmington noedod no protection, it suid, pud though it made ouly coasting vessels, yet 1hey wera p3 seaworthy o8 othiors, As for tho second resolution, 1t might o woll ta pass It, Beamen's wages yrero cheapor abroud, bub provisions swero choaper ero, LEGISLATION A DRAWBAOR TO THE COUNTRY, M Vorey, of Tortland, explalued, g8 meinbee of tho Excautivo Council, that the action tuken thero had been misunderatood by Mr, Hofftun, Thers was no unsnimity in tbe passoge of (he resolutions, Thoy Wera o Compromfsesomolhing which waa' olways ovil, He hoped tho duy was presing when they roliod on legiulation, Thoy hud hsd too much of ft, il ‘beluved if Congress did not meet for five yeafs tho country would huve greator prospority than'it over enjoyed, 1o represented u country which was intera - coted in chenp transportation aa much as the West was, ond, if chesp labor was given them, would giva tho West cheap ships, Mo bnd_ no objection to the second resolution, ‘but.he liad to the third, Should thoy strike at the.in- dustry of the conntry bz admitting Tre: ships ngaiust Amorican Inbor? 1f thioro wero freo trado with tho Domiulon, then thelr sh!lm could cowe in free, but o didn’t lko thiv plocemeal free trade, There must a zeclprocity, Noxt yeur g fucrcato of Auerlca sliipping would ba declded, Every ship-yard in Maino waa alive, and {he ouly dratybiack yas tho want of wue. cle, If the labor word oblained, shipa could bo turnod out at as cheap & rato os an ere, ‘Tho quostion of nubsidies and bounties was wunpopular, Tho gront drawback fo the prosperity of tho Dominlon peoplo wau tho subsidies thoy rolled on, Fhoy destroyed iy country, CONORESRIONAL IDUNTIES AGATN PEQRITD, i, "Paylor, of Uineiunati, did nut beheva in boun- ties, but sas Kl to hesr thoy were ot needud, [ho second rosoliition wag imporlout, All olher nationu wllowed n drawback on pupplics, and our plips must Le placed ou un equality with others, Io should voto for the thivd, since Lo boleyed su Ameriean clizon had s Fight to Luy u thing whera hio could find it cheaTost, To para a law {0 tht_efy fect would runup priceson tho Clyde 10 per cent owinrto the fucreascd demand, Ultimately o he- Hoved all tho slips would bo bufit liere, but in tho rocanwhilo it was woll tohuve allttlo compotition, Tho uliipping interest had tho dry rob beforo tho war for ntoami was begluning to ran outwird, and Englind got tho ktart by adopting frou sud steam firat, but they would not do it hereafier, 3Ir, Nazra, of Boston, waid Lo ageaod ywith what Lad ‘oo said with reyard (0 bountica and Apectal legisin- flon, Ho thought thodays of the lalter wero over, Oongrees ought tu bo agked to pasa a law allowlng elti- zous fo nirchigo veosels wheroyer thoy could fiud them, and suil thew under the Amprigan iog, DEFOLE TItK WATL ANT) HINCE, Mr. Woolloy, of Obio, eaid {ht, boforo tho wep and il adoption of tho tariif, Amorica Lud 3,000,000 tons nuge, Sluew’ tho war sid tho ndoption of tho farl, our salls iad heon driven from (e sen, and wo now hiave 1o morine to spesk of, Tho resolutiona dil not call for class legisintlon, bul propased to remove it for tho torlt? ws 30ibiug bt cluss leglulation, I w aro now in conditlon to build ships almost ok choaply ua &4 thiey can bo bullt on tho Clyile, whiat s the noces- sity of Gvernuient intorfuring withs citizons, nud on- ondenveriuy {p Feipulto, thele purclasey. Lot It wa stated that shl )pl conll Lo bought In Norway 30 per cenl chienper than hors, 1f 60, tlera waa a 30 pior cont tax protecting Amorfet bufldors, IEESTIADE DISOUSHON, Mr, Watlicroll, jo_Feply 0 o olup at lils Yhiladgiphta ships,feald theyjeoat fGup,000 on Lo Olyde, r.'Waolloy Wuntod to oy whut they wanted of any protaction thow, bir, Btano, of 'Wilmington, eafd the tuied resolution hind apened tha yhiolo frostads quostion, 1 they Woro tohnve free Irado do not glye it pioceiueal, ‘Ko vote down tho rst sid secand reavlutfons ond adopt (he third, wi inconsiutent, Nobody euid ships could he built yuite s cheaply as on the Olyde, Do not do any- thiug ou tho subjuct ut all, 17 fhare was, (o ho appcial wivaitugos 0 Apip-owuers, give ehip-bullderd freo trada Iu fron, : AMEIIOA NOT TIE MARITIME POWER SIE WAS. My, Dosr, of Buffalo, suld Lofore the wur Amoriean Ipa had tho proforeiico all over ihe world, and_thoy bud the "best ehips bullt fin tho 'world, = s committco of the English Iouse of Commous had roportad ; Atuting that {n America thoy lad the bust coustructed sud manuwdahip, ‘Tho American “Tho motion was ngreed to, Tho resolntion was roectod, . Thio yeas and nayn wore called on the passags of tho resolution, snd it waa dofeated, Mesars. Htraiiahou, of tho Now York Ohnmber of Commorce, and Mossrs, Moffruan aud Msssoy, of tho Philadolphin Lxchaugo, alouo voting i tho afliFmativo, Tho naya woro 50, THE BECOND RESOLUTION, Tho accond resolution waa nguin read, 2r, Cook, of Clnclunati, uioved to pmend 1t by in- sorting after tho word trado “ and oll materials used in thoiz constriction, Mr, Wethorell, of Philadelphia, said he would ro- mind'tho gentlemau thnt foroign’ materials for build- ing verscln could now be brought nfo tho United Biates freo of duty, but that that provision did not ap- Dly to yeasols engaged in fnland trade, The law wns a dead letter, for builders did not find it worth tholr whilo o do auything under it, A, Hawloy, of Dotroit, thought the smendment might romovan digerimination. Why sould not (ho inland nvigation bo groatly botefitted, which was not tho caso under the present law, Bart Ablo favored tho amenidment. Tie proposed to favor anything which oncouraged froo shipplng, and hio thought the smendment did, Mz, Oook, after hearlug the Iaw, had propcsed to ‘withdraw tho amendment, but now renowed He could 1ot voto for tho thlrd rosclution, aud &t tho samo o tax materinla brought fn lierato. bultd ves- Bels with, Mr, Hawloy suggeatod that the words bo “ forelgn and domestic trade,” M, Daker ankod if that did not give double protec- tion fo domostio shlps, Foraln lrado could not com- peteat nll with tho cosating business. Mr, Houghton, of Milwaukes, said, {n view of tho demaids of forvlgn ehipping, thoy Might cut down tho price of things enterlug iuto the furnishing of such suips, That nction was not noeded for inland {rade, whioro tioro was io_compatitlon, Nor did ho oo any forcein the nmendment, i viow of tho luws now in tho statute-books, ‘Cliore was no necossity for Junniog all tho timoe to Congress for uid, o favored freedom of trudo iu all things, 10t reachling it Lasilly, but wiso- ly. If our ships found any real advanago in tho second resolution whien abrosd, Lo would vole for it, but it cortninly wus not noeded ot tho Weat, and i would Lo {mpracticablo on the Lakes, unlosa’ another epecinl corpa of officors was creatod, Col, Grosvenor thought the amendment was miaun- dorstood, Nuny gontlomon present wanled o 800 cheaper facllitiea for water transportation by overy route, The surest way to it was to accure tho cheaper veasels and Larges on inland routes, IHence thoy sug- gested it was proper thnt matorials for vessola o bo uscd on inland. wnters should bo admittod duty freo. o would liko to luve it read ns follows: *Usod on Toard veasols in the forolg trado and the motorials to uo used in building all vessols, whother engaged in forelgn or fnland_traMe, boallowod fo bo witldrawn without pasment.” In nisking tho smondment, it dld not aocm to him that it involved tho lnconvenieuce of the oue offered by the gentleman from Mjlwavkeo, Xt lind nothing to do with slores, but slmply called for :q“nl Justico to tho Woat and {he {nlsad marine lue oreat, : ? A, Grover, of Now York, aald the wholo discussion had not touched the baso of tho matier, They bad been told Indiroctly that tho difticulty in the way of the prouperity of American ocenn _commerco was thio higlh rate of wayes 1”1!(1. Ho could seo no reason why tho forelgnors siould not ba our earriers ou tho high seas o8 woll ns fu tho strcets of our cities, whoy tho Dear our brick sud mortur, If freg trade was desired, Ty s it ok agrecd upoh, dustead of wrangling oved o duty ona fow dollurs ia supplice o alip-voard. Tho discussion comod {0 him to bo trifing with matter of considerablo imporiance to tho country at rge, 3y, Hoffman sald tho amendment had really. been voled down whon the first resolution was in order, Mr, Cook accepted Col, Grosvenor's amendinent, Tho Cliafr, refcrring io Mr, Hofimuw'a point, Lold tho amendnient in order, Mr., Daker offered an amendment to inclndo all materfol used fn tho manufacture of railrond cars, locomotives, ote, [Applauso.) If fho object was to cheapen transportation, tho Tesolution muat apply to raliroads too, - Tho Chalrruled it out of order, € ; TIME WASTED ON NOTHING, Afr, Falrbank thought much time was spentonan trifiing rosolution. Tho shipping intereat wan ko most proporous i the country, and it woa folly to spend timo discussing o resolution to furnish {hem materinla duty free. Frelghts wero Ligher than for twenly yeors, 1le trusted they would voto on thoreso- Jutio und vole it down. Ho fovorod tho smondments 40 far as thoy fuvored froo trado, for o was free- trader, but they could not go into o discusslon of theorien. Let them stick to practical mntters, Br. Wrlght, of Chicago, moved to indefinitély post- pono the wholo subject, Tt was thon moved by Br. Fairbank to tablo the ‘whols subjuet, fncluding the third resolution, "Tho motfon was ngreed to, Ar, Covinglon, of Clnoinnatl, wanted {d know it thoy intendod to'dodgo s question of #o much ime ]!fl‘r:‘llufh Howould Liaye liked a square voto on that subjoct, A'motfon to roconsider tho voto to tablo that motion ‘was made, Tho motfon to tablo was lost. ‘The motion to reconsider was carried, Alr, Dow, of Buffalo, moved ihat floy proceed to vate without further discussion, Tarllamontary luw was dlscussed for a timo, Col, Growvenor wae opposed to the resolution with- out is amendment. Dobate was (on cut off, Col, Grosyenor’s amendment was lost, - Tho resolution was lost—ayes, 29; uoes, 34, TUE TIURD NEAOLUTION, Tho uird rosolution wan read, 3. Nazro, of Bostou, moved {o_amond by adding at tho end, * Upon the payment of o reasonablo duty upon tho cast. 1t was carriod—nyoes, 817 nocs, 29, Mr. Hoskell, of Portiaud, called for iho yeas and nays on tho rosolution, i Tho resolution 58 amended waé lost—yeas, 405 nays, 23—since 42 votca wore necessary (o ita passage, Chicaga voted in tho sitirmative, witl tho excoption of Mr. How. Wilmington voted id tho nogative, - ir, MeLaren deelined to vote boesuso b thought {he proposition an inconsjutent one, Lut subsequontly voted i the sfirmutive, Ar, Bond, of Boston, had favored tho resolution, ‘but had changed his mind whon ho heard of the auc- ceseful progress of ship-building. A chango of policy ‘was ono of tho worst things it had to coutend with, and therefore Lio Lud voted ugainut tha resolution, THE RICHIMOND DELEGATION, M. Burwll oifcred & resolulion roquestiog tho del- egatea from the Board of Trade of Lichmond to bo pinced on tho sewo fobting as the Duminion delegatcs, to participate fu dlscussions, but not to vote. After n long discussion, dévold of geuersl intereat, the resolution was referred to the Comuttes on Cre- dentials, NE WILL MOVE TO TECONSIDER, . Mr, Ablo gave notico that, Thursday, bo would move 1o roconsider the votes tuken on the écond and third Tesolutions, rolative to Rhipplug Intercats, , ° TEFONT ON TP DEFANTMENT OF COMMENCE, ‘Tho Bucretacy then Tend tho report of tha Ohair on tho Depurtineut of Conuerce, na follows : T the Sativnal Board of Trude : By a resolution of {his Executive Counil, adopted at nmeoting beld {n Fobruary, 1873, it was requested fo provaren fepurt ou tho subfoct of @ Department of ommereo, and to submit the draft of o bill Lo be for- wardud to Cougress, i€ upproved by tho Board, which sliould provide for the ostablismont of such depart- ment. "I commercial conventiona held at Detroft in 1865, and at Boston in 1608, oxpressed with unanfmity thoir apinons that tho trade aud commerco of . tho countr: were of il muggnitude uud huportanco a8 demande tho upoclal rocoghition and cara of the General Gov- orpmont, Biuco (1o organization of tho Natfonal Doard of Trude, thut body, by repented resolutions, has ox- prossed tho samo opfuion ; and, by resolutions and aemoriuls, and by tho personnl’ ropresentations of the Exceutivo Counell, addressed to tho President of tho United Btutes, ofticers of the Goverumout, Bonators snd Jjopreseniatives, havo striven o prooure favorablo netlon 'apd fepulation for carrying thelr declaratory Gpitivns into eiiuct, Iitherto thoy Lnve been unsuccesstul, bul oyery ads ditjoral yoar's oxporienco tends to coutiru tho vonud- niess sud importarice of thelr viewe, Tt I well known that every groat commorcial coun- laus Minfsfers of Cablnof rauk, to whom the inter~ culh of ugriculture, commerco, und manufusiures sro intrusted, ond it’ a soinowht remsrkablo that tho United Biates have not followad thelr oxamplo, Uiy have, however, felt tho uccossity for some caro of thoso greut fulertats, and, by partial leglala tion, confided thom in_somo fneunurd {0 the Trens~ ury Dopartuent, and to burcsus with Hmited objects il powers, . "Flig proseit maguitudo of tho finances of tho conn- try, tho maungemout of tho funded dobt, tho devislu of tucasures for tho support of the publlo eredit, wud the submilssion of pluus for ralslng revenup, aro uow quito ns great burdony s should Lo 1afd on tho Pronse ey, whifa tho mass of oflier. mportunt bt diveruifiod obijtets now thrown there by the logistation of nearly a contury deinands goparation and wposial caro. “An szamination of tho laws dovolving duties on tho Treastiry wil) Batisfy auy ono who tukes au intorest in tyo pubject {hat iuiny fuporunt watters cannot ro- celvo sich eafe aud uifention s they should Lave, “Wlioy must, of veeensty, bo referpéd by dhoBecrétary tonubordinato atlicers aud clorky fop o luk{urpl'nll, and thio result of wuch referonces {4 partinl and (ompo? Tpey oxpedionts to dlaposo of daily work, without suy TAuomigtjo av compratienavo cousldoration, “ha foreliin augd Jomestio commorco of the country 18 of such Imicnte propotionn, and s affected in its movements by #o mkny Inwd, customa, sl usages, thit a eavoful study of themn would furnish full vbeiy itlon for o mind of the flvs ordor, aided by ull tho Tigit thiat coula by fhrown on thiom by tho gramiuse tion and reports of wihovdinate ofMcers, Tu tho regulations for onr forofyn ‘snd coustwiso trado there aro many features that the ijutroducs {Ton o pitront, epn, wud river transit hova rouder ed fnupproprlate, If not npgrwu!v». “Tonnngo-taxes, measuréthents, poglatrysenrollments, and licounes uze required fo slifps wnd "barges ol to tha smo poluts by water that aro reached inland by care, whiile e Inttor ora atmost wholly exempt from any ‘Governmental suporvision, — ‘Cho moau unglucs hull, and equipment of & rivor steatvr azre requlre tobo examtned, pfaved, and pasaed by o Unllod Blates Inlpeu(a‘&lfnr sunuring the safety of pusnengers and froight, whilo tho loconiotivo and 1ta trali of oars are Tunning dongailo of the stesmbont n uninapeoted aud dangraus indepondeneo, . One sotof commoreinl vohicles may bo fnnpectod and carett fortao much and anather set too l1tile, but. bolh set shotld have tia heneft of “intelligont supervislon and ergation, o B0 o f riversand biarbors, light-houses, port regu- Intlont, pilotage, quarantine rejulations, aud omli- grunty, o provislons for which whould Yo adequate and ualfam, Thay, ftor internal rovouue, tax,and tarlr Iaws bad been frajied by the Hceretary of tho Treasury, and ndopted ty Qongreas, tho practical application of auch nwa, nnl the collections to bo made under them, shouldbe_with the Dopurtmont of Cammorce, Tho influcncaof auch liws on_the industrinl interesta of tho nalfar would constantly bo in viow, and rocom- mondaticns for heir amondment_conld bo mado from the practeal knowlodga of tholr workings, which such apgeint ned high reaponnlbility would giv: "And e alsg of the sgricultira, manufactures, and milion of itio country, tho statiatics of whichshould bo carefullyind nystematically colloctod and compared, ‘with a view {o fostoring thom, by tho uso of auch pow~ ors a8 arograntod to tho National Governmont, and by the diffudon of information among tho peoplo o8 to tholr vali, oxtont, and complotonast, An tho 1dgulatioh of comiucrco among tho_soveral Btates ani with forofgn nntions in conflded to ongress Ly the Cantitution, the need for {ho uvostigation of the wholoof such intor-State traflio is quite importan and has Irthorto been almost ontirely neglected, an it is daflybocoming moro and mora a matter of public cancorn, 5 Tow far, nnd with what minutoncns of ‘object and dotail, auch trade should be legintated for by Congress, and how far s Department of Commerco should act a8 adyisory o Blato authoriiios, It 1s quito upossiblonow 0 deflue, ut at froscnt 4t §s cloar that, 0 far o national legis- Iation b yol bocn suggestd, tho projeats aro_crudo and indeflto; and so far os the legisiation of Statos, or the want of lt, goos, thore §a no contral thinking miud consilering such important probloms, and gath- ering thoinformation and produciug it fn_hucl form aa would have weight in bringing about the passage of uniform Stato laws, whero thoy are 80 manifestly noccasary aud impotiant. Tlie moro ono examincs tho vast and complicated in- toreats of the United States, and tho constant and ox- tonsive dsalings ita citizens hsva with oach othor, the moro_clear and_conclusivo docs ft becomo thnt #0mo bettor plan thau we now have should bo adopted for tho sjudy and caro of thelr Intoreats. Anwo bvo ndvauced in population, waalth, snd diver- siflod fnterests and industries, the ‘excoutivo dopart. ‘monts havo ncrosscd in numbors ; tho Navy, Intarlor, and Justice, have boen addod to tho {hiroo orfginally eatablished } and thio Poat-Oflice, which, as well us thio oftico of Atlorney-Genoral, wero originally . subordi, nate, havo beou clovated to what aro known s Gabinot lacos. Thio grent Intoresta of agriculture, commorce, mon- facturer, and mindug, il linger in the Treasury o tho Tutorior, and havo hithorto ot boet only reached partially to burcaus, 1f auch dopartmont 5 e havo nsked for shall bo ostabliahed, it will soon be found that tho objects for it caro, whifch I havo only and fmperfeetly cuumorat- . il groatly incroaso i aumbor us well aa. lmpor- anico, . et any ono placo himsolf, in imngination, n_{lo commrcial or manufacturiiig world at the timo of tho adoption of tho Foderal Qonstitution, sud comparo that world with tho present. 1o will then begiu to find, if o han not hithurlo ‘mado tho_discovory, that what we orlginally suflicleut _then, for govornmont and for tho poople, falls very short now for meoting the pubilo exigoncica, Our patriot fathiors, in_careful wisdom, limited tho number of oxooutive ofioers of tho Goverbment by tho il of s young uatlon ot thon lmited and undevel: oped capacltics, Tho feoblo and' struggling fow, just omergod from the toll and blood of schioving inde- pendence, havo becomo & mfimua nation, and it 18 Dound to onlargo its ideas and provido addquately for all ita wanta, 1 have statod, at tho outaot of this report, that overy foraigu govorimont of auy commorcinl ‘fnportauce lin » Dopurtment of Commarcs or ita political aquiva- ont. - Scloctiug from thoso that of Groat Britatn, ag an ob- Jeck for_comparison, wo find In her Bosrd’of Trads many of tho olmonts tiat sliould bo.usod by ua for our Dopartment of Commerco, That Doard of Trade was catabliehied in 1660, with quite mited powers, It waa triod n whilo, as if fo feol ita way, nbolished, and -aftor sovoral efforts tho foundstions were 1aid’ for it on whic it now reata, Dy genernl legislation it Las had confided fo it aimost, object that concerns the matoriasl welfare of maukind, Many of the mombers of the Board aro familiar with (!l)lolllflll:pxhlal printod by order of tho Exccutivo Coun~ cil in 1871, d The duties of tho English Board of Trade are thus enumorated it the description furnished by its Sccree tury, Bir Louis Mallet : * To take cognizance of sll matfers relating to trade and commeree, Involving an coxtensive correspoudence with tho mercantilo {uterests of {he country; to adviss other departmoenta upon such subjecta; the Forolgn Oftice in comiercial mat-~ ters arisiug out of treaties or negotiations with forefgn Btatea; the Homo Oflico, with respect to tho grant of and provisions of clinrters or lotters patent by the Crown ; &ud the Treasury, in matters connocted with tho customa and excisa Jawa ; also, to kuperintond tho conduct of all bills und questions boforo Parllament which rolato to commoree, and to exorcise somo cons trol over all private bills #o far as the protectiou of thie public utorest Ia con " To enablo it to discharge thesd duties, special actn of Parlisment in vast numbery, and cembraciug a_grent varioty of subjcots, hava beon pnssod, and Tailways, shipping, and ‘merchant sorvicoin sl its branclies, municlpal affairs, water and gas-works, statistics, otc,, etc,, huvo been placod under its suporvision, and, o & Inl oxtout, oo, under llscontrol, course, undor tho Hmited yowers of our Natlonal Government, tho coutiol of & Department of Comi~ ‘meree would also be limited ; but its usefulncss as an organ for gatherning information, diffualng it and muking It avatlablo for legislation 1 the propor quar~ ters, would be fncaleulahles, e T hiavo very fmperfoctly akotched my views on tho subject, and can only add that my experlence of tho ‘Dueiuess of the country, its greatand rapld increase, and the insuficioucy of our present National laws for ita carc, all concur in makiug. 1t s mntter of most earncat and continued attention on the part of our association thxta Doparimaut of Commerce shall b +catablished st on early day, and be clothed with ade- quate power for comprohensivo uscfulucss, For accomplishing auch o rosult, I completo {ho duty ncsigued to me by presenting tho snusxed draught of s bill for that purpose, * Respeetfully sub- subwitted, Fazorznios Fiavey, Prostdent, . AN ACT TO RSTADLIGH THX DEIAWTMENT, Tho followlug nct for the establishment of the pro- posed Dopartiment of Commiree, which tho Chalrinan ‘was {nstructed to prepars for preseutation to Con- gross, wasalsoreads Be 1t enacted, ets,, That thoro shall be, and heraby 1, an oxooutivo dopartment, to be called the Depari- nieut of Commorce, Bald department lhl.lr Do chiarged with the suporvision snd caro of tho agrioul- tural, commercial, mouufacturing, oud mining futer- oats of thoe United States, in so for as tho same may bo conidod to tho Natiounl’ Govermncut by tho dotati- ution, 2. 531 dopartmont shall o ehargod with tio oxocn- tion of ali the Juws of the Unltod States rolating to tradonnd _commerco, both foroign ud domeatio; to rivers aud barbors ; to lighthoises, port charges, quar- nutine, cmigration, pllotago, tonuago, and tho meas- urement, rc%hflr}', cnrollinent and Uceusiug of vesecls, and, generally, of all mattors fucluded iu tho naviga: thon laws aud whall hnv tho suporvision aud control ,of.all tho bfficors and agents appointod to cary all suels Jawa into effect, = 3, 8ad dopartment ahall also bo charged with tho cxecution of the Iawa of tho United States, imposing duties on importa ; and taxes and oxcises pertaining to Internal roveuuo ; and havo tho aupervislon, direction, nud control of the Collectors and other ofi~ cors gmployed under such laws, 4. 8ald depariment sbll colléot, collate, and tabulato statistica relating to the sgriculturo, commerce, manu- facturos, and mining of the United Btutes; and pub- lish aud ceirculate tho snmo in auch meunor as may bo provided by Iaw, g 5, 8aid depurtment shall from time to me commu. nicato to the other exccutive departments tha Informa- tion rocclvod by it, from fts correspondenco and in- quirios, on waiters under tho caroof sajd Departe ment ; accompanying the sam with such suggéstions g8 muy bouseful for corrocting dofocts in treatics, Iows, 0r regulatious or for io smondment. of ths same ; for tho protection of the poraonw uud intorosts of i pooplo o tho Unltod Biaten, 6. 81ld_departmont aball carcfully sxamine and com- pare all Blato laws and_regulations on the subject of agrlculture, manufactures, miniug, trade and com- nioreo ; and also all local udages, oustomp, and charges which atfect commerce, aniong tho sovera] lates ; and ywhoro (o samo slinll bo found molely under tho cote trol of tho soveral Batos, endeavor by corrospondence with tho Stato Governmionts to ‘soctire uniformity in tho Btato Iaws on thoso subjects, 7, In B0 far 2 thls act shall ojorate to tranafer pow= ora'and duties from othor oxecutive dopartmonts {0 tho dopartmient hereby catablished, tho Sccrotary of #ald department sbiall, aftor conforduce with tlio ‘Soc- rotary of tho Departmout from whioh such tranefers are to bo made, report to tho Preafdent what trausfers ebonld e 1add and, on tho spproval thereof by the President, ach lranafora alnll bo carriod fulo offoct ; and tho clorks and othor alicers counected thorewith shall bo placed undor the muporvision ond conlrol of {hg Depmrimont of Coumerca, 8, Tho ofliccra of tho wnld ‘deparimont shall bo o Hecrotury and Asslslant Heerotary, to bo. appolted by tho President, by and with the alvico and consent of tho Banato, Thay ehall hild theas ofiices for tho snmo {imo, aud undur thoarme tenure, and recalve tho samo camponsation, as may be payablu'to the Secretarios and Annlutant Becrotaries of the Treasury Department, In tho ubsencs or inubility of the Secratary to act, tho As. slstant Bocrolary shall'act pro temyore, 9. ‘Thoro shall bo a chiof clerk, and such adaitional clorks and,other ‘aflicers s 1y bo provided by Iaw, who shall Lo appoluted by the Scoretary, rossive such compensstion a8 1nuy Lo fixed by law, and bold thaie onlucuat tho leneyro of s ecrotary. , The Socrotary of dald dopartmont shall annuall 1 b mOnls ‘OF OCOber, Mako & sanort. 1o o slon} whicli report shall contafu anaccount of the oporations of lio dopastment for tho yoar anding on o 50th duy of Juno proceding mid roporty Al I sl reporld the Bocrotury shall mako such suggostions for tho umondaent aud fniprovomont of tho Jaws and Jegulations that pertain to tho mattors contilod to tho Gatp of the deparlment, na from tho fnfarmation ro- celvad By #, O from 'the experionco of the practical working of suchi lawe, bo whall deein of fuportanco (o (g publlofutesest, " 11, That 4o niuchi of any lawas fa horoby altered or suppled bs and (ha satue 1s horoby ropested.s F ¥0U AND AGAINST THE LEPORT AND AOT. 3y, Allen, of Pliladelphin, liud Nstened to the roport it ‘satiuféotion, and Loped tho Exucutiyo Commmhise would be requostud Lo contintio ifa offorls with Cone gress Lo seoure ® departmont such as wus mentioned, and that the report be accoptod. M, Lromberg, of Mobife, hold It was a stop In the wrong direction’s Tho yower of the Fodorsl Gavern ment \ad large enough now, 1fa hopad tho considera- tion of the mutter would Lo postpopad () Fhursday, 3r, Allon did ot suppase tho pisilor would caiire any dobate, it Lad bon indoreod o often by tho Board, ‘he Board would stultify {ts actlonu were it | to chaugyits course, Mr, Dromberg simply asked for timo,, s Mr., Haker opposod tho mollon for postponement, Ie4liote wan to bo discusaion lob 1t como ab onco, and Tiavo tho mttor dinponed of, ‘The mation to pokinono wanlont, ' D1r. iromberg nakell what was tinilor connideration, 4o roport on (o pol 7 : i Tho Obnlr said tho act would firet como up. Mr, Ailes urgéd s fuotion, provionsly ninde, Mr. Bromlerg fuvored tho burean, but not the ill, wl vhotild 1ok bo ndoptad withont discusslon, Henes ho moved to take Jtup by sections, THL was to ho referred right back to the Corumitice, there wan no use Il t, * Mr, Bouuor, of 8t Louls, thought that if Me, Al- Ton's motlon prevailed tho Lilt wan substantially adopt- edana buwla for actlon, Ifenco fho bil aliould ba cted on, M, Hoffman sald tho nct llsolf should ba reforred Dack ta tho Exocutive Commiltco, with powar to urgo upon Congroas tho adoption of gomo nct, 1o discuss evory scction of iho act was o waato of timo, A, Baker thought Mr, Bromborg could offer n reso- Tutfon that tho Exocutivo Commitios urgo tho adoption of tho bill with amondmonta which ho could auggest. Thora was a Buront of Agriculluro, Gould not they Tunko a now dopartment, to $noludo’ agriculture, come merco, and miniug? If thoy put i th drats 1t would ‘make {t popular, Ar, Grosvenor, of Providonce, antd tho act had just como'tn, Homoved to postyond til Thuraday morn- ing, a0 that mombors could oxamino it, ;llu er'mllml ‘was lost, 1 r, Peovy, of Ohin, waa ploased with (Lo report, and favored {ho Aoty oxcopt tho namo, Thoy ouglt o Ly 1t » Dopattment of Gommerce and Mnun!nu?llr(-n. Mr. Nourso suggested to gontlomo that thoy proposo nchange of object nlso, They had proposed to put in olber branchea of Liisinoss, which wore all pro- ductive, whilo it was peculiarly commerco that wns almed at, It would Lo well for gentlomen to consider how far fhoy wonld go In_putilug theso other produc- tive intorests nndor the control of Jougress, AN EXPLANATION FNOM TRF OIATR, Tho Ohalr stated that whonovor tho Gouncll had been at Washinglon, aud proposod tho catablishmont of o Dn{)nflmnlxl, it bad boen suggesated thoir views ‘woro indofinito—that somotling specific was wanted, Agrloulture,manufactures and comimorco woro sointers woven that {hey must sll bo included fn ordor to make any progross, Thore was o Bureau of Agriculturo, and ouo of Statiatics, neithor of which had any connection ‘with commorce, Tho operations of the Government woro disjolntod and fesble, Thero was no systum. Mattera Telatod to cominoreo woro in tho linuds of & dozen disconnected officrn, At Dotrolt, Boston, aud ofticr placos, tho Board ind urged tho establisbmont of u dopartmont, to covor tho wholo ground, snd to sccuro bnrmony in tho parange of laws and {heir ox: ecution, They had hoen told to usk for a Bureaunof Com- mucreo, but ho believed thoy should keepat Congroas till they got'a bill to protect aud care for tho interoats of the wholo country, His bill covered only such objects &8 tho Conntitution appliod to. On other polnta ho ‘made it & medium of correspondence with State Gov- ernments, in order to secure such modifications in their law a8 would harmonlzo thom. Tho powera of Congress to regulate commorco could, undor Lis Dill, only be carried into offect after a careful study of the subject by the proposod Dopartment. Ho lad called attention In his report to the fact fhat barges, etc,, with any forelgn guods on Loard nad to cloar &t tho, Custom-ilouso, or run the risk of selzure, A railroad i aubjest to o uch auperyision, under such cases, 10 madter how much goods ono of its treins bold, Tho Genoral Govornmont wanied a dopartmont to regulnte Just such mnttors. Tho great thing was to got tho sub- Ject in s distinct and formal state before Congress, 8o that tho Commmitteos on Congress could act upon it, Ho felt very desiroun that the former action of the Board on the subjeck should bo adhored to until thoy got n department liko tho Inforior, or tho Troasury ovon, The fleld of commerca was cortafnly (00 wido and. too imporlant to bo ontrustod to mere Troasury clorks, AIr, Bond, of Philadelphis, * MOVED TIIE AT DE APPNOVED a8 submitted, It had boen propared by ono who was fully acquafited with the subjeet, - They wanted soutetliug dofluils, and 1o kopad 1t Would bo adoptod v it alood, - TIE TITLE OF TIIE AOT, A, Bond, of Bontou, wanted as simplo n namo as posaiblo, Tho Exccutivo Comavitteo could meet. tho cane by making all necessary altorations in tho title or in tho law, . NIr, Davis, of Oblo, hoped tho titla would not bo changed. *Dopartniout of Commerco” covercd the wholo ground. Mr, Busby, of Philadelphia, hopeil the bill wonld bo taken just as it was; send i€ to Congress, snd sccure its pasingo i€ possible, A REFENENOR PREFERRED, Mr, Stranaban preferred to refer tho wholo matter to tho Executivo Commitice, with ull the suggeations which had been mado, sud which would huvo thefr welghit on tho Council, Mr, Lromberg acceded to that disposition of tho Eubjget,” But Lo did uot want tho bil indorsed ss it stood, Mr. Dorr, of Buffalo, explsned, The gontloman s & memiler of Congeess, el did ot liko 1o commit tself, Mr, Taylor did not see why their action should bo hompered by the preeouco of Qongreesmen, If thoy dfd 1ot want to vota let them dodge, na thoy gonerally Qid {n Congress, ITo wanted tho bill ndopted. Mr, Brouwberg explalned his motives, Ho did not want to dodge, but he did uot want fo be bound to o law Lo lookted pon as unwiso, = Lo was willing to ac- copt tho bill, but not to ndoptit, If an_nttempt wan mado to ndap it Lio must Dght 1, aud go fn to oxplaln iy viows, FINAL DISPOSITION. The subjoct was referred back to the Gommitteo to press tho question ou Cougress still furthir, DEPAUTMENT OF TIADE, Tho next resolutions were os followa : Witznras, Tho constunt increaso of tho commerco of tho Unitéd Satea demunds tho special supervision of tuo Government for its proper regulation and sup~ port; thereforo tedolved, That the National Board of Trado respoct— fully urges upon Gongreas tho hecessity of establishing % Dupartment of ‘Crade, co-ordinute with the gther Du- partuents of tho Goverament,” " Mr, Nourso askod if thoy bud not been practieally lepused of, Tho Chair houglit 80, and they were on motion postpuned, REFORT OF TIE COMMITTEE ON TRANSPORTATION. When tho subject of transporlation facllitics was reachud, Col. Grosvenor from the Bpecial Committeo, stuted they woro ready to mako a partial roport and ‘would subinit o further roport ot a futura duy, it they Lad su opportunity Lo do ko, e had somo redolutions whifch wero unauiimously ugreed to, 1o would offor them, and moved thoy b mada tho spoclal order for 10 ths following morning, 1t wun agrecd to, "o resoiutions ura o follow ¢ First—That inciease of fuc(lition andl choaponing of ratos of trunsportation between the {utorior and:tho poaboard are o longer to be considered measures of ol advalago, but bavo beoomo untional pecesal- cs. - ‘Second—Thnt sny raitwny for trausportation of frelght _oxclusively, through tho meveral States, tween the intorior and the scaboard, should bo char- fored by tho General Government ‘whonever privato capital may underiako its construction, but that such road slionid be subject to tho same laws as to taxation or Blato control as “other rondy within the same State, U'hrd—That it is tho duty of Congress to afirm, by Iaw, iis power nnd doternilnation to provent unjust restrictions which may bo imposed by, or within any Slate upon commerca botween other States pass— ing over ity territory ; but that tho protection of tho ‘peoplo of cacl: Biats ugaiust unjuat exactions on tho Jurt of railronds within its ‘Umits, or fuilure to pore form their full duty 08 common carrlers, may most offectivoly bo sccurcd by the proplo of suchi Btate turough Leginlatures ond Courts, T rourtli—Tht tho obly completo and pormsniont restraint upon unreasonubls exactions for* trausportas tion must Le kought in {he dovolopment aud itmproves mentof the nutusal water routes, to tho end that theso free highwayn for _our commerco may move frelght during s much of ho year an pouslbio, ot tho loweat posaibio rates, uud thus compul tho railroads to carry at ocqually 'low rates, or loso fho trafo, Wo, thorefore, * rojolce ot~ tho commencoment of fmportant dmprovemouts lu fhe Wollud and 8t, Luwronco Ouusls by flo Dominion . of Cansda, in tho offorts by (e Btato aud citizens of Now York to {mprove methuds of trunsportation by o canale of that State, i tho closo attention given (o other projects of nterjor water communication, aud trust that the fmprovemont of the Ohlo sud Mists- sippi Rivers may bo pustied without delay to camplo- tion, Fifth—That tho yesrly nppropristions of the Gov- erument for the purpose of internul improvemonts nro In great port applied unwieoly and wastofully, sud-we theretore rocomnicnd the Creation of o National Buard of Commissioners for internal {mprovemeonts, to be composcd in part of distinguishied engineers an in part of practical business mon, whoso duty it_shall bo to examin il plans fur {ho fmprovement of oll tho highways of natiousl character, and {o docido upon whul routes and plang tho osggregate sum ap- propriated for such fmprovoment may bo wxpended with the Jurgeat and most comnplote Lenofita to tho wholu coutry, and thut Do appropristion shall ‘Lo mado by Cougress oxcopt upon the recommends. tos of such Commissloners, TE NATIONAL BANKTUPT LAY, Tho next subfoct vius tho National Daukrupt law, and 4iq followlng resolution, submitted by tho Fhilsdelphia- Toard of Trade, Was read : Witenzag, A Uill was pussed by Congress at fts last sosklon declaping tho true intent” aud meaning of tho amendment to the Bankrupt act, approved June 8, 1872 an Wit m’s‘l’ns. Tho Bankrupt Inw, undor the interprota-' tlon of sald oxplaatory bill, ‘s belloved to Do ua Tongor conulitutitional, locausd it grants to dobtors exetuptions fhat vary' very largely tn tho difforont Bintes, lhdoruby stripping it of conformity of appllea- tion 3 an WitEneas, Tho nesets of o baukrupt under oxlating regulations are wasted, and oftentimes utterly con- sutned, in oxpentos provided by law ; therefure, bt tho Nutlonal Board of Trade re~ spesitully ek of Congrens sucl lglaiation au wil abate theao ovils, or, fuiling that, sollclts the repeal of {ho entiro lay. Dr, Allon, of Philadelphis, said that owing to tho, zoport on tHe subjoct it was unnacessary 0 disouss tho rosolutions at length, Ho moved to tuko up the recomis mendations of the Exocoutive Council in ils ruport, Finnlly, lin wovad to adopt tho entiro roport, : Mr. "Taylor, of Cluelnuati, thought thero ehould ba an oxpression of oplufon a8 to whother they should bave o bankrupt law ot all or not, 1o bolloved fn having one, though tho prosent law was very dofoc- tivo, it swda w nocosally b nuy tiao 1 @ geedt, come morcinl country, Tho roport was fudofinitof but Tatlior scomed 10 hint at o repeal of tho law, Ho would volo for {ho recommendationa I€ thay would. strike out any roforonce to repoaling, sud maved that sy an amondment, Mr, Allen congratulatod bimclf on baving brought o, so many suggestions, e bollvved bn some’ luw, (houghi (o presént ond was bad, 1o sugpeatod that if o dobtor dicd between tho timo of Al su application sud bolg adjudged bankrupt the proceedings uhll not ceaso on acccunt of doatl, Ha ‘moved o add this as & sixih suggestion, Mr, Taylor's amendment was adopted, Tho resolution as amendod was adoplod, Ar, Allon's suggoation was sdoplad, TATE DEWES “Iio next anbjoct was ono submitted by the Ohamber of Commoreo of Now Orleans, that ali States &0 limit thete oapcily to contruct publio debt, aa to establisl eir oredity _Owing to the absenco of BIr, Burwell, of New Or $onns, thla was pansed ovor, and, on tho motion of M. Gano, tho Convention adjotirned. g 7 TANQURT TO THE NATIONAL NOARD, Wa losrn {lint tho Tioard of Trado of Ohieago pro- Tods to givon anquot lo (o Natloan! Board of Teado attho Grand Pacific Tolel, on Friday ovemng. Tho Blossra, Gago Brothora have carte blauicho for the on- tertainment, and it will doubitlesa be ono of tho fineat Dniicts ever yiven 1o Clicago, Ak but a iimited number of tickots will be sold, thoso wishing to attoud hiad betlor spouk fn tline, = TPUFFENBERGER, ¢ Tho Englincor Who Assisted t tho Lee mont ¢ Accldont 1o fe Tricd To- Dny-~Tho Witnossos for Prosocution and Dofonsc. Thio cado of tho Pooplo agalnst Joshun Puftenborgor, tho Engiucor on the frelght-train which coltded with a passongor-train noar Bag bridgo, on tho Chicsgo, Ale ton & Bt Touls Taflrond, and who wax indicted for ughter for causing tho doath of Toger J, Drass, and otliors, was commoncod yosterday attornoon at tho Criminal Court, bofors Jndge Willlams, Slate's Aitor- oy Charles Rood appoars for tho Poopls, and Mosars, Firman, Ohurch, and Oharlea 1. Conaldine for th do- fondant, ; Tho following witnessos belng called, anawored to thoir namen, and will sppoar for the prosccution: J. 0. McMulli, Honry Rusoll, Thomna J, Huaton, the Tlov, Fathier' Convorso, Dr. 1L, 8, Barnios, Dr, J, M, Floming, Dy, Plorce, Joliu Blevons, Dr. Nucs, & 1. Tchards, Orvillo Vaughan, II. Paticrion, Gcorgo Tiommonid, Mrs, Rogor 3, Traas, snd d. A Jhcknon, The following wilnivanca for thio dofanso wora ealied, Divitnay, Saword Hemmor 0. Boeon Toml avosy X eane, O, 11, Bpoar, and L, M, Biakely, 1o Loraet Covodo, I fr. Rend moved that the cao bofpostponed until thin Torning ak D o'elock, on Recount of the Jarors Bnving served on the Loronz murder case, and havin boon up il night, Hoversl of {ho jurors slated tinf they roro much i need of rost boforo commencing a1, Judgo Williams thereupon granted a continuance kil § o'elock thi morning, and ordered he witaossos £obo present at that time, 4 o would puah tho trisl tos apecdy complotion, Tho Judge also ordored {ho Bliertt (o isauo a spacial venira for twenty-four ad. , becauio 50 ditionsl Jurors, becauso somany bad read about tho —_— THE CITY 1IN BRIEF, Tho town of Naperville was represcatod at the Noon Prayor Meoling yestorday by ton of her citlzens, Thin ovoning thoro will be a meeting of tha Chesgo Musical Unlon t tho First Methodist Cturch, corner of Clark and Wosuington strcots, All porsond intor- ested in muslo ara fnvited to attend. Do not forget, when 1 go to dinner to-dsy, to caly upon tho Iadles of B, John's Eplacopal Chureh, at No, 172 Madison ptreét, near LaBallc, who will give you n cholca dinnor for 50 cont, Tho Board of Public Worka yesterday awarded the contract for sowers in tho Sovontl, Ninth, and Four- teenth Wards, Lo Oharles Overoeker, st from 45 cenls £0 $2.16 por lineal faot. ~Willism Folkar (aot DI, tho Iawyer) ia sbad manfof 4ha colored parsussion, who carrics o slung-shot, 1o wia found gullly of carrying & concoaled wospon, and held in $200 bail by Bangon, A correspondont wishos ua to sy that the cellar of No. 1125 Pacifio avenuo 1s Allod with hay, which s go oxpesail a8 to endanger its bolng sot on firo, “Tho ladlos of the Mothiodiat Ohurchc of Chicago and Evanston will moot in {he lecture-room of tho First Mothodsst Church at 3 o'clock this aftornoon, to mako arrangoments for_ giving lunches noxt week for thio Denoft of the Halsted Streot Miasion Churoh, - Thomas Bell atols a lap-robo from Georga K. Farm« or, of No, 174 LaSiallo strcot, Ho was found with {t in'bis possesslon by the oMcor who arrosted him: But it would ba uscleas t0 sond him to the Oriminal Gourt, goJulurdny Banyon fiued him $25 and costs for dis- ardorly couduct. ; ' Tho Indlen of the Becond Univeranllst Church have prepared excellent lunches, to be served from 11 to 8 o'clock each *duy this week, at No. 108 Enst Nadison streot. All friouds and sirongors oro cordlally fu- vited, g ‘The ladies of tho Mounlon Presbytorian Ohurch.dn- vite their friends.to a Sacinblo, to be given by them in tha parlors of the churel this evening. -A fino supper, fl‘unlc, tud roadings will bo offored for their entor- nniou i*A meeting of the Committe on Fire_and’ Watcr “1s called for this afternoou ot 3 o'clock, It s understood {hot tho proposition of Mra. Scolt-Uds, rolative. to- tho purchase by tho city of the right to Uso her laddor, Will bo consldered, Yesterday afterndon a prigoner named E. Unfcume, who was belng taken from Kaussa {q Pannsylvanis, escaped from tho oustody of o, olt. Piltaburghl ‘oificer named Honrs W, Hall, 'The oficor fa at tho Batteson Houee, whero tho prisoucr may sco -Lim at auy hour until to-inorrow, The stora of A, B, Thayer was broken fnto and $30 worth of jowelry taken. Detectivo Biiller took tho caso in haud, sud found {lnt the stealing was done by 5 boy 10 yeatn old, numed Nicholas Smith, and alio found tho jowelry. Ha arrostod the boy, but Justica g‘usmy, on account of Lis extremo youlh, fuod him but Tho Polico Doard, having no business of any coutequienco yosterllay, did mot go through the formality of bovinga moeting, Tho mombers, like paoat oflior. men n offico just N0w, aro too busy with polilical matters to throw away their timo on tho - %o men wore braught to the County Iospital, yea- terday, with broken legs, Daulol Woads, in getting on o car at the Unlou Stock-Yards, fell aud Lroke his hip, A young German nsmeu William Rosey, was atruck by @ pleco of fron, at the Union Foundry, and had hin lcg broken bolow the knee, In front of o SBouth Water satreet stors lies a 353- pound equash, which at{aincd its prosent gigantio pro- ortions at a distanco of 853 feet from tho “hill" in !untulxtduyn from tho time tho seed was planted, -¥'rom tho samo prolific viue thera wero plucked 087 ‘othier littio squashes, of swhich the above s only s falr averngo. ‘William Monroe, an account of whoso steallLg in the nockto lin ut the Exposition, has been given in Tz TutwuNe, wos exwmnived yosterday wmorning by Justive -Banyon, who took’ into conalderation. tho former good chietacter of tha prisoner; the rospeclis Dility of hiy family, and the expressed desire of ‘Mr, Frank, from whom he atole tho tier, not to prosecuto iy iad flued L $25 aud coata for disordorly cone uct, ~ B 3r. A, Hayner, of No, 603 Wabash avenug, went into his houss for a fow momonts, ou Monday avening, and loft his horso bitched {n front. On coni- 1ing out hie was vory much surprised to flod there was no horse uor buggy. e roported his losa to tho Tolice, and very acon Frank Smith “was discovered taking = rido with Mr, Hayner's steed, . Frauk was arrcsted, and yestordsy Bauyon Leld him to tho Criminal Gourt in $500 ball, i T, Platler {s another saloon-keoper who fa flond enough to sell polson to boys 10 yesra old, Two littlo Zollows, one 10 snd tha_other 11, wero found dead drunk by a policomyn, . Thoy told's very stralghtfor- ward story whon sobor, and yesterday corroborated it beforo Scully, viz : that Platler sold {hem whisky till they wera drunk, Knowing the way Scully deals with such men an himself, Plutler took o chungoof vonuo to anyon, but we prodict that tho Istter will givo-himn his desorts. Thomas Small and Patrick Donahue went to a polit- fcal meeting Tucaday night, and it waa too much for thom, It we a Hesing-Slorey meellug, and a frea Liquor lnw was, of course, ndvocated by tho eloquent orators, Thomas aud Patrick bolleve {n such a law, and thoy took advantago of the prevailing sentiment, and got glorlously drunk, Then they tlought riding {o'be In ordor, so they wereleading uway Mr. Schafer's Lorso and carrisgo, whon an oflicer urrested them, Thoy woro judged disorderly, aud flucd, Thomas $5, aud Pat $10, by Banyon, G Greauhorns are plonty during tho Exposition; so avo panel thioves, ‘Chomias Milcs sud wifs wron pair of panel operators, wio buvo had ruoms 8t the cottier of Madisou and Peurla siroets, Tuesday night Mra, Miles “pleked wn" o young wan Srom tho countey Thomas Wilds by moine, and in the old-fashions fme, which lios Decn, epluined o thonsand tmer, r, Wilds foft tho Miles manslon $18 poorer than when hio went fn, Luckily be told a policomun, who ‘nrreatod th o thioves, and yestorday Scully’held thom each in 3300, bat1 16 s UFiminal Court. Tivorything 1 progressing in a most matinfactory mniiuer nt tlio sunft of. tho now tunuel, and tho ! oyu " wmay bo opoued eutiroly in a day or fwo, though the cugincers do not.wisl to bhurey tho work unnecos 1y, Tho hack dritt of tho ol tunnel, oxtending b onil fhio buft, will bo built up with missonry, 40 as o provont tho leakago past tho fron bulkhesd” which, Iis hithorto Leen usod fo cut off the entrance of waterinto that part of tuunel, The water can then bo turned into tbo tunucl again at ouy tine, in case it ehould be absolutely neecssa " witliout atopping work on the new shaft, "Tho Zimes in excoedingly severe upon the City Eng'meer for haviug put (lio now shoft 80 near tho old ono, bukb: aa* the crily would 1ot wimit of sny further distanco, au s b now evib Would nok only bo vory expantive;. but would also causo- groat delay, tho”eriticism 3 about an_ rononnblo s the majorily of thosa in that aper, - Tho work should not bo unduly hastenod” by Tie dusiro of {6 veoplo ta got tholr tuunel water tos avon, Enminoerliig work cas novor be benofited, aithor i1 pofut of Hime or money, by driving it too fast, sl B i THE EXPOSITION YESTERDAY. Tho warm and delightful weather yosterdny drow n‘ Iarge crowd to the Exposition, o large number of whom waro slraugers frow & distance, having to seo this, the . moat successful Exposition of the past fow yesrs, Tho holols ar ctowdod, over 700 guests = Lelng at (o Taciflo Yesterday, snd tho oth- ore proportionately full, Excursion trains continue and it seemy an If the entiro suburban populsiion of Chilengto hud pald tho great show at least ona visit, Tho projuct of warming the huildivg with stean wad tho foplo- of conversation among the various exhibitors, and all secn: to agroo that tho plun 18 feaslble, New at tractions are constantly being sdded, and one who Las not visited the Exposition fora woek will find that an- othor Exposition Las Leen added fotheone Lo lss already inspected, - . i A OURIOUS MACHINE, At hohooth of the Elgin Watch “Company wo saw & ourjous machino—s sof of automatio hemmerd for hardening the brass vim of, & Lalance .whool, Thoy not ouly pound with incredible veloolty, but they know wiien tholr work §s finfabied, They rattlo away at s revolying wheel until (hoy have hminmored it Just thirty weconds, then thoy stop sud wall for s new vloca to pound, -~ TWO FAST HEATS. ‘Romarkable Performance of Goldsmith Maid Yestorday Aftornoon, She Turns Dexter Park Twice in ‘2:18 1-4 and 2:17 1-2, Thoe Entrles for iho Great Free-for-All Race to Bo Trotied Saturday. About 6,000 peapla went to Dozlor Park yoaterday Aflornoon ta sce tho littlo mara n hor match sgainst big time, Tho rocont porformances of Goldsmith 2Iaid at Doxter Park, although somowhat slowor than thioso scoredited to her on othor raco-tracks, Lavo been auch #s to Induco hor many admirers toliopothat slio would, beforo roliring for tho scason, beat hor xocord of 2103, Tho fact bolng known to sonsation loving Oliicago that tho mare's driver, Budd Doblo, would make ono moro altompt to take her round o milo track quickor than had proviously boen accome- plishod, induced tho bulk of tho local mporting fro- ternity, and s multitude of non-sportloving citizonn, to wond tholr way to tho park yes. tordsy aflornoon, From 2 to 3 p. m. south. ward-bound convoyances of all kinds wero crowdod ‘with passongers, almost all of whom had ono commoz destination, tho Park, snd by tholattor hour tho grand stand was crowded, and tho insldo inclosur was fast flling with carrisges. Tho woathor at thia hour wat all that & spoctator could desiro, and oven tho cognom cont! woro satisfiod that, tako it altogothor, tho pros. pocla for fest tmo woto very good iudeed, A proity stiff southwestorly wind was finging tho Park Blara and Btripes out at right anglos to ita flagatar, and making cavalicres servantes hop about in s lvely ‘manner with woll-recofved sttontion n the way of oxe tra shawls and wrappors for thotr lady frionds, but no ono thought that tho littlo moro's timo would ba groatly diminishiod on s account, The track was in fino cone dition, the stif wind Ufting hardly s apeck of duat as 1t swopt across ita lovel surface, A word moro nbout tho track msy mot bo out of placo Jjust hera, It1s ackmowlodged by all horemen who havo scon it during the summor snd fall meetings, that it s tha ‘est track in Amorlen, ono of its chiof excelloncles, the only ono which tells sgainat it belng nlaotho faatost track in Amorics, belng that it measuires, s foot from tho dnaido fence Juat1,760 yards around, a thing which cannot, unfortunstely, be said of somo of tho trackes on which tho best records havo beon achioved. If tho Doxter Park frack s mot tho fastest in Amorics, it ia becauso it 18 tho longest, and it is safe 10 oy thiat Goldsmith Mald In ot final heat yestorday ‘wont fastor then sho over did beforo in her lifo, Tho orowd, which waa onthuslastio from tho word go, waa very much divided in opinion s to what tho naturo of tho match against timo was, Ono mou averred stoutly that tho maro was to boat 2:16 cro Dudd could touch a nickol of that $5,0003 amolhor statea that sho would get $1,000 for overy socond bottor than 2:20 ; whilo a third, who scrupitlously avolded buging Poula was seady to bot any amount up to $10 that hee k waa o outfoot ono of the fincst running horeca of. Kontucky, spocially produced for the occanton, Thio plain mattor of fact wan that Budd Doblo's {uten- tion was to shako tho Mald out for all nlio was worth, and his roward for 80 doing glory and a handsome percantage of ‘tho gate-moncey. 8:40 p, m, the littlo maro, drivon Doble, trotted upon the track, and was received wit] hearty cheors, which increasod in volume os Budd took hor up the track, and acknowledged the compliment by lifting bia hat, The mare Jooked splondid, Ior ac~ tion was very powerful and faultlcesly freo, nnd as sho rattled past the grand stand s second time, tho volloy . of - chioors gavo way fo & buzz of ade miratlon, Tho *'lesscr” filed on_appearance, and proved to bo the well-kuown, though now somewbat Danso stooplochiascr, * Barndy," whoso exploits aro woll known to Amorican turfmen, and at present tho proporty of Mr, Yates, Thomaro being pretty woll scarmed to hior work, Doblo drovo up to the judges® stand nnd aonounced that ko would “give her 'a_trinl heat by herself, Just to warm ber. uF thoroughly,” In o minglo of two tho Maid was speeding down tho track, sud got off from the wirs undor a atrong pill, Round slio fow, and when the amilo was accomplished and Budd dismounted, cries of “Time,” “Time,” went up from tho crowd, They woro doomed to disappointrient. . They know not that the hoat was only a tria), and whon Charloy Schwarta's stentorian voico annonnced the time as 2:281, & sub~ dued Lowl wag tho only ochio swarding hia Amiablo efforts at supplying the crowd with sporting intellis enco. Tu the second hoat, Budd and the Uittlo maro meant business. Barncy and aulky, in which sat Glostor's drlyer, troftod up_the bomatretch, and Goldsmith Moid followed. Both horsos wliceled slmultaneousl whon the Hitle boanty launched at once 1o a splendid. ‘burat of speed. Down tho homo-atrotch sho aped, the steeplochnser 3 longth in tho rear, and at full gailop, and rushod under the wire Uko tropical chaine lightning. Tho quarter was reachod, with but o slight 6kip on the maro'n part, in 34 soconds, From thera tho' paco elackened somewhat, tho baif-mile being roachied {n 1:09, st which point tho maro was traveling in & miraculous matnor, From the balf-mlilo to th finiah sho trotted at & beautiful, cven pace, passing undor tho wiro in tho splendid tinio of 2,183, When tho aunouncement of tho timo waa mado, tho apoc-- tntors on the grand staud, in tho quarter-atretch (tier were sbout 300 unbadged spectators in the quartor- strofch), and in tho carringes and buggles, shouted, stamped, woved haudkorchlof, and ozbibited tholt +Joy in o’ number of ways, The disappointment af tho provions hioat had boan Tully compensated for, nud the orowd in tho grand stand_objected vory gravoly tc the simultaucous apposrauco of tho threo tesius which wora_disputing for a mythical $1,000, and s couplo et runniug horses, ono of which secinied to think that the Tunning track took a porpondicular_direction, and en- gaged in a sorica of attempts to work bis way up to the clouds, swhich by this tme had gatliorod ovorhcad, an Toavo s plucky little rider beind him, * Iiring out tho ‘mare,” “Folch along tho blooder,t “pub up your' plugs” were n fow of tho ume complimentary remarka which greeted the appearance of tlieso unannounced ateeds, and when their porform. . aca was ovor, and tho liltlo 'maro and tho ox-steoplo- chasor mndo {hefr apposrance n sigh of matisfaction nnd rellef wos diatluotly uudible aa” aristug from ull ovor tho Park, At this moment an unforescon drawback {o the aftor. noon's sport aase, but was fortunatcly of short durz- tion, Tl wind vierod suddenly, smil just manageé ‘o lsko In @ corner of a ferlilizing’ compiny and of tho Gluo Works. To~ describc tho _peculforly pubgent natiro of tho s comfituro which all suffered from s imposatblo. In . fivo minutes an enorgetio agent of Jean Maris Farina, or Plosso nud Lubln might lisvo mado a small fortund Dy rotafling bottles of scent and Eau-de-Cologno ot $10 a-plece, e was not on hand, Lowover, and the un- savory discomfiture lind to bo’ borno in silence, Tho Duppiost mou was hio who could hold hia breaih the longest, Tho mure, lLowover, aid mot Buffer. Bio wont up tho lome-sfrotch in. pocrices siyle, and & momont lnter wheeled and mude for tho wire, which sho passed under going ot tre= mewdous pate, On Leruy dow hov siop was solgit . aud airy that she seemed to bo moving along » track raisad about slx inchiea above that trod by ordinary -mortals of tho oquine specien, The quartcr-polo was Toaclied withiout a skip in 34 seconds, when (ho pace lvoned percoptibly, tho kuif-inile being nccomplistiod in 1:08%, Round the turn tho little maro toro, touch~ ing the ground #o 1ghtly that from tho judges' atand T flying sway from tha runner at her “rear, nud - burst grandly iuto ‘the home-stratch, On'sho came, her broad," in. tolligent faco_erect and mobllo With tho oxcitement that lit up her great eyes and quivercd bor noatnils, Ter-body fairly nd_squarely sel on tho Inbyrinth of Veneath, Whose Ightuing motion can bo compared touothing but tho wondrous intertwistings and twin~ Sugs.of {he bats of 8 chromotrope, Not for s mowent did she lose hor feot, but trotied- fairly and honestly | down the Homio-strotch, aud passed wudor tho wira in what may bo consldered tho unprecedented time of 2:17)¢, When the snnouncoment of tho fonl wa# mado, 1110 cry of the #peciators was_ something 1iko what juust v grected the reappoaranco of stoul oratius' crest abovo tho yellow Tilors waters, whon— A # Ttome sent forth a rapturous cry, Aud o'en the ranks of Tuscany . Could soaroo forbeur 10 cheer,” Thietr enthualiem was well grownded. In the rmee thoy had just seon, 1,760 yards of trotting track had boon covered by & frolting horée in better timo than was over praviously douo, - = DOUDLE-TEAX TAOR, During the ofternoon what would Imvo bron under other circumstances n very jutorosting race wan {rot- ted by the three followlug toamu: Mr, Stinson’s Vol unteor and mate: Mr, Taylor's Fanny Lee ani mnte § snd Alr, Schwaortz's Idn aud uate, “Twp heats wera . trottad, botl belu;wou by 31z, Stnsoi's te5m 1350 an Tespoctively, . R GnHtbrmia daek xace, ong of tho kiud which It i bost not'to Burvey from tho top of a rickotty fence which gives way ot tho moment of starting, was had Dotween {wo running horsce, a big and a fiitlo ono. Inssmuch s to describo fuitbfully a *quarter raga’ Toquires o vovabulary of ozceading torso aud paver. ful, though not ncn!lnrfle’ elegant, -English, 1t will suflico to’ record the fact {uat Uso big horee Wwon and thiat tho thnie was not taken, : EATURDAY'S FREF-FOR-ALL, Plie end of the racing scaton is uot yet, On Batura dny fterncon next at Dexter Park, u couple of races will bring -out somo of tha bes! trolting and running blood in the Weat, Tho first-will e trojting race for the champlonship of the West l; for o purse of $1,000, fivkl $150; thiid, got $500; second, 605 fourth, $100, inflo lcutd, throo’ fu fiver Thb followinig Lioroa aro cnlored :* B, Auderson's c. &, Raabaw, Jr.; W F. Steolvs o, m, bl O3 d, 8, Howells g, i Bsdgr Glel; W, B Frazler 1. g Trothier Jonathun; IL W, 'Aloxauder's b. 1w, Elis Waight; W, I, Arnistrong’s’ ¢, m, Molly Morrly ; £, ¥, Dickey's b, m, Lady biao, ‘Tho sunniug Tco will bo intle heatn, for a purse of $100, which wlil bo compoted for by @, 8, Lacy's b, b, Negout i N, 1. Barnea' b, m, Lady Falrfick d J, W, Conliak’s b, g, Harry of tho W, Tl orsos will o called for 1ho start ot 8 p. me sharp, BASE BALL, A fow membera of th Ohicago Tiase Dall Association met last ovouing st No,s 140 and 161 Madizon strect, and aflor an informal talk over the fluancial prospocte of the corporation, pasked a resulution directing Mr. E, B, Faunticroy, the Boorotary, to colloct, witbout un< noceasary delay, tho outstandiug stock, The mooting tgn ad s M s ZW Y0) ~Baso |— atics, 41 lotice, & = T