Chicago Daily Tribune Newspaper, August 23, 1877, Page 1

VOLUMI: XXXIIL mler. LUnDer, - Lanbe. LUDINGTON, WE[ES & VAN SCHAIGK CO, OFFER THE WHOLESALE TRADE 16,000,000 FEET OF WELL-ASSORTED] PINE LUMBER, AND AN EQUAL AMOUNT TO ARRIVE. ALS0 A LARGE STOCK OF Shingles, Lath, Pickets, Long Timber, and Cedar Posts, All lumber mavafsctured by this Company is trimmen to nniform lengths, greatly reducing its weight for shipment. Bonth Bramch Office—Corner West Twenty-sec- ond and Loomis-sts, linofs Central Yard—On L C. R, R, Slip, foot of South Water-st, DBooks, Princival Office, and P, 0, nddress—244 South Water-st., Lumber Exchange, Chicago. e e e T, GENERAL NOTICES, PENNSYLVANIA ™ RATLROAD. Qrrice oF GrxEnal Fretaur Aaext, PuiLanrrrmia. Aug,, 17, 1877, NOTICE. Partles having claimefor gooda destroyed by mob and riot on the premises of the Pennsylvania Rail- road Contpany, in the City of Plttsburih Allq.'hr’l]’y County, Vennaglvania. on July 21 an . 1877, are hereby notiled that If thelr claims are made out. according to the followingdirections, and forward. ed to the undersigned, they will be cxamined aud put fnto ahape and presented by counsel tothe proper suthoritics of rald county Without expense o the claimant, the eaid connty bclnfi respousitile to the_owncr of sald goode fur such Juss. 17 It should be necersary to inatitute suit sgainat the county, such snit will be prosecuted by counset without eharge, npon the exccotion uf ths nroper power of Mmm?’ for that purpose, form of which Wwill bs furnishied. DIRECTIONS. First—Tho name and place of residence of the owner. Where tha owner is n firm, the full names of the individuals composlng it. Recond --The bill of lading. Third—Copy of invoice, verified by afidavit of elaimant thatltien truc copy of the same: that the gooda described therein wero delivered to the Campany which {ssucd the bill of lading, and that the purchane prico of the coods named therein was the truo price paid or agreeil to be naid therefor, Fourth—Aflidavit of “consignee that he nover re- teived tho coods, nor any part of them. Tpon the abore evidonce being taralstied by tho clalinant, tho nndersigned will supplement it by obtaining an afiidavit of the clerk of the com- pany Issuing the bill of lading, showing the dato and number of ear in which the gooda lvl.'rellllnxm'tl. and on atidavit of a clerk of the Penneylvania Hull- road Company, llmwllli: the arrival of such ear tn the Company's yasd in Vittsburg, and the desteac- tion of eald goods and the amount of freizht and charges due thercon. 8, Il KINUSTON, GUeneral Frelght Agent Pennsylvania &, R. 10 DISCH Ul"‘:‘-émem- or- DISCOUNT on all niaiee PER CENT dered of us during Al 0C! EANSH 1P AMERICAN LINE. Plliladelphfim Liverpool. iy transatlantic Iine salling under the Amerf- Via Suiing every Thuriay: from Philsdelphia, and Wednesdny from Liverpoul. RED STAR LINE, Carrying the Belgian and United States mails. Sall| !w‘v((-—!lvn d:tl. niteruately from l'IlILAl}ELI'_I ll)n(lfl‘.)iw TORK, ll)lll’il;"l‘-nd ONLY to ANTWEI jen'| {37 st [tundulph-at., Chicago. W, ECTAWHERCE, Menager. ANCIIOR LINE MAIL STEAMERS New York and Glasgow: _ ETINOPIA, Auj Hun | DEVitalA, Sept, R, dam VICTORIA, 8e) 1 am | ANCIOGTAbept. 13,11 am Now York 10 Giasgow, Livernool, or' Lundonderry. 105 to €00, - Intermediate, 833 sicerage, New York to 8o mpton and London: Oar stock of Choice Woolena for Fall and Winter now In, aud Fash. fons_iuan: BD ARD ELY & CO., Wabash-av., cor. Moaroe, ELYAIA. Any INTHALIA sept.& 6am b Steersgy, $2n, Dratts fssucy L CUTrent rates, HENDERSON T o3 Washingion-at, STATE LINE. YORK GLARUOW, LIVERPOOL, D) N FRW YOI TR S ANS Yo bUd bt DuBLy. huruiay, Aus, 23 raday, Al e, £65 a0 tiona, Lsturn tcketa At reiuced Fati, ¢ oud Cabin, 843, Jleturniicketaat rediiced ra Apply to AUSTIN, BALDWIN & Ct e, e J0 WALHACK, Managre ral Agenots. 134 Waslingion -st., Chicage, North German Lloyd, teame ts Company Will fall every Fatc,. e e, Toot of, ThiRd st Ilabokea: sles of pamsgo—From New York (o soithaupto ondon, TIavre, sod lirenicn, ANt cabln, $100; secan, cabin, #6y Rolds steerage, 830 sureed u"&"u liv’elzm STRAMIRORITIE 3 Bowliuk Grecis New ¥ Utk Great Western Steamship Line. From New York to Dristol (England) direct. CORNWALL, Scas JTuesday, Aug. 14 BONERSET, Wea Tucedsy, Auic. 2 i e, §1 bleerags §, i lie raies, b 1ayoralile )“Il:l‘\‘!l (54 t., Mlichiesa CentialIiairose. NATIONAL LINE OF STEAMSHIPS, erang T Yorkte Quecayans and Livorped, PALN Avg. {8, 12 m. | K Ty Ll ENGERNO ol o3, B | FRIAT £ Full LONDON. DENMARK, Aug.i8,08.m. | CANADA, Ang23. 3p.m. Ticketsas reduced rates. Steerago tickels, $2u. cur- fiey, | rafls for X1 and upwards on Grest Brfiath aod Lieland.” Avply to'F. B, LALSON, 4 Suuth Ulars CUNARD MAIL LINE, Elllln‘i;hrcu timcs 8 week toand from DBritish® mflffily at Ce i Clurk and Rando; 3 0 DU VN beneral Wenern Azent WHITE STAR LINE, fanyiog the Mait, between YORK and LIVER- FOCLT® K tlice, 48 South - PHIF S Comonn D AT H ieuersl Weatern Agent Ofice, norihwest corner oo JUSCELLANLOUS, EVERYBODY 1S LOOKING AT TELAT HUSBAND OF MINE. O the Cary, on the Boats, everywhere, DISCOUNT on all Garments or. PER CE dored of us during AUGUST, 1877, Qur stock of Choice Wooleus for Fall and Wislor now fn, sud Fash- ! fons_Lssued.. EDW ARD ELY & CO., A cor. Monroe. Y OFTICIAN. MANASSE, OPTICIAN, Tribuae Hailding. Floe kpectacies suied to an ol tific prin- et Jo Bgutacles autied to all ol lts on aclentific prin S, DR i el Glasies, ‘Telescopen Sicr- STIC TAILOBING, DISCOUNT on all Garments or- dered of us during AUGUST, §77. Our stuck of Choice Woolena for Fall und Winter now in, and Fash: ions freucd. EDWARD ELY & CO., Wabash-ave, cor Momoe, 10 PER CEN' miNERAL s, THE GREAT EUROPEAN NOVELTY, WATERS, HUNYADT JANOS, NEW APERIENT WATER. Specinlly recommentd: € for richness (n apere fent aalts, and fta et eacy fn Billons atacks, prevention Fllen, cte. ordinary 1 Ll o i VIEON STIN, New Yorl, *'Ass luxa. P tu' every viber mineral was e Vorle, ‘“Certaln, palniess; superior fo any other MOND, Nesw York. ‘*The st pleasant and eficlont of all purgatlve g i + ALFILED L. LOOMIK, New Vork, *The DR AL L T s iget ‘Cclent; speclally 18 BA RN B, New York. * eos, 1% lesa nlsagreeanic snd unple: y other." A. SAVRE, N(Hv_"l'orll. “Pres ve. DR, WL A0 bz EOLASSFUL A DOSE. Erery geauine bottle bears tho name of Tha Apol- Hparis Co, (imited, London. FRED'K DE DARY & 00., 41 & 43 Warren-at.,, New York, fole Agents for United Ftates and Canada. ERN, GROCERN, AND PRESENTS, ¥INE ASSORTMENT RICH SILVER JUST RECEIVED. DARGALSS IN DIAMONDS. GILES, BRO. . & CO., 268 WABASH-AV., ar Tew Satellite IS LONG BEEN FAMILIAR TO CHl- CAGO ** OBSERYERS.” It was named ‘¢ Ozonizod Ox Mar. row,” and has boon sgen rovolving about tho months past, Itis o rich Pomado for the Hair, olognnfl% periumod, and NEVER BECO 8 RANCID. BUCK & RAYNER, Makers of tho ¢ Mars’ Cologne. o R Fieldhouss, Duicher & Belien MANUFACTURERS OF GAS, STEAN, AND VWATER L EL, oy PRICES REDUCED. Jobbors of Pumps, Sinks, Rogis- tors, &c., &c. In 8toro—Portablo Engines, ¢ Ri~ val” Steam Pumps, COR. CANAL & MONROE-STS. e RO BENE, FOR RENT [ ] DESRABLE OFFICES [N THE TRIBUNE - BUILDING TO RENT. ¢*Mars Cologne” for WM. 0. DOW, Room 8 Tribune Building, To Rent. The ine banking or basincss office, Hxd0 feet, situate Nos. 124-8 Washington-st., adjacent snd most convenient to the Board of Trade. Ias two 1srge vaults, and is ight ana well-ventilated. RENT VERY LOW TO GOOD TENANT, ply to JOIIN Q. WELLS, Hoom 20, 120 Washington-st. ~ HOTELS, T SANDS HOUSE, Cor, Wabash-av, and Madison-st,, One block from A. T. Stewart & Co.'s Dry Goods owse, and McVicker's Theat: $2.00 PER DAY. New Honte—Elegantly Furnished. e e ——— Apply to Ap- FINANCIAL, PERCHENT Wo Liave funds 10 [0an on choice improved ity property at 7 per cent. as required. Suuis une [ P RN & dioS der $5, aty, OND. 102 Washington-at, BANKING HOOSE of LAZARUS SILVERMAN Chamber of Commerce, Clicago. Hnmonr(lfllcm on RLeal Fstate, Produce and Pro- viston, Cil d ¢ B ki GIATES AND NMANTELS, ¥ Plain, Gol N r ‘ ™ \rimed snd” < SLATE MANTELS. PROBASCO & RUMN, SRS ET iln CHICAGO, TIIURSDAY, AUGUST 23, 1877. TRAFFIC. Its "Outstretching Pivotal Wheel Revolving at Milwaukee. The Boston Resolutions Asking that Americans May Buy Ships Abroad. Stout Objection to the Prop- osition from ZEastern * Ship-Builders, Final Passage of tho Potition by a Majority of Seven- teen Votes; Direct Aetion Regarding Bankroptey, Re- somption, and Curreney Postponed. The Executive Council to Take Measures to Secure a Uni« form Bushel. Adoption of a Resolution Favor- ing the Abandonment of Ad-Valorem Dutics, Discussion of a Memorial Asking Con- gress to Lighten Western ‘Customs Burdens, All Possible Obstruction to This Measure Offered by Neow York. The Western Citien Finally Trinmph. ant, Dospite the Shrugs of the Metropolis. NAVIGATION LAWS. PRELIMINARY, Speciat Dispateh to The Tribune. MutwAUKEE, Aug. 2%.—The Natlonal Board of Trade reassembled at hall-past 9§ o'clock this morning, President Fraley in the chalr, CANADIAN RECIPROCITT, On motlon, the subject of Canadlan reciprocl- ty was®made the special order for to-morrow morning. THE COMMITTEE ON CEDENRIALS reported favorably upon tho application of the Board of Trade of I'ortland, Ore., for admisslon, and their delegate, Mr, J. I. Montgomery, wgp given nscat.. TRE REQULAR ORDIR was thea taken up, and discusston resumed on the following resolutions, offered by Mr. Hill, of Boston, Tucsday: Lesolred, Tuat, in the judement of the Natlonal Board of Trade, the navigation laws of the United Biates, which forbld registration under the Ageri- can lag 1o foreizn vesscle purchased and owned by Amenican cltizene, bave nos only falled Lo yleld the advantages expected from them to the American shkip-butlding cinss, for whose ULenefit they were cuacted, but have also contributed tu the sorious dechue, and almost threatened extinction, of the American snip-owning tniereat, and Lo the ocean. carrying irade of the United Statcs, Jtesoleed, That the immediate repeal of theso laws, by giving encouragemiont to Amorican citl- zenn to become abip-owners and to engaye in the forcign comserce of the country, would conduco also to the permanent prosperity of the ahip- builders of the United States. Jteanired, 'That the fimedlate repeal of these lawa would offer the best inducement which the Government could hold vut fo American citizens to enter intu competition with the citizens of other countries for & proper ahare of the vast eteam traf- fic of e Atlentic Ocean, now carried on almost exclusively under other fagsthan our own. HKesolved, Thut when the customs tand of the United States comes before Congress for constdera- tion and revision care ahould bu taken that the ship-bullder 1a_pliced on as favorable lnuunfu ]m:ucablu 1 the fmpartation of such matenal s t ¢ necessary for hini to procute frowm abro MR, JOUN, I'. WETHENELL, OF FNILADELPHIA, anid the whole question from beglnniug to end was thoroughly understood. Itwus well known low the suprémacy of Encland upon the sca was secured,—~that our navigation laws were In & weasure bascd upon hers betore 1848, in order that we might, by encouraging our own people, arrive at probably the same result. Although they bud talked »omuch aboup this subject, uithough they had cndeavored to arrive at the best result they could, ulthough, by a viclous currency, we never could buy iron steamers here as low as on the Clyde, aud, although they were supported by an injudicious and oucrous taritf, they never would arrive ot the stage where they could compete with the Clyde. Yet all this showed how futile human Jjudgment was, and that, if thoy endeavored to do tho best thty could for thelr own futerests,—with what light they hud to toke caro of thelr own in- dustrics,—in the end, If properly encoursged, a cheapening of prices would enable us to com- ‘pete probubly with the world. IF LE WEKE RIONT in the statcment thut tu-day u better ship conld e butle her for the same money than elso- where, hodldu’t want to fnsult the lutellegence of the American peoplo by saying that, fn that condition of things, there was any ueccssity for them to go to the Clyde. If the golng were authorized, the law would be Inoperative, and of wo avall. At this lste day ineasures of prartical value were demauded, to the exclusion of purcly theorctical dogmas or systems, Five years ago, what was proposed might perhaps have been well, bot the times had changed, and it was to-doy absolutely useless. He was In hopes that u commission would be formed, and that a thorough and complete reorganization of the tariff laws be wade. The laws were FILLED WITHl BLUNDERS and [naccurscies, and rendered it, (n a great measure, almost fupossible for hovest men to trade In competition with dishonest ones, This was a measure the Board was charged with, and, with that great eud in view, they should not, by sdopting the resolutions, water their fuduence. ‘Tbey should not demand such an alteratlon of the law as would be thoroughly Iuoperative and Ineffective. The question of free suips was ono of artil and not of navigation laws. All wquld agreo that they could o anywhere and buy ships and have them registered and sail ander the Amcrican flag. But the poiot was, why should he have the privilege of going to England and expending $300,000 in s ship free of duty, while the lumber, and the Iron, snd the copoer men, when they boughbt the ma- terial which conipacted formed the ship, should puy a duty of at least 10 or 13percent! Mr. Hill could not point to a single man 1o Boston who would give bim an order to buy a ship on the'Clyde. THERE WAS ANOTRER DANGEE ‘which should not be overlooked, If be desired to engago In the foreign shipping Lusivess, why sbould pot & Milwaukeo mau, wanting to em- bark iu the lake trade, have the privileze of go- iug s0d buying a ship where ke pleasedi Why Was it, if @ demand wasmade that vessels should be registered If houzht abroad, that vemsels should not be enrolied Il purchased ahroad! Some who advocated the onc would not tare to ' advocate *he other. It might possibly be a logical conclusion, were a commis- wion diaposed to act.consistently, that, If It were right fn the one case, it was right In. the other. Ile hoped the Board would come to as wise a conclusion as they did last year ‘in New York. No moro ftportant subject could ha delegated to the Executive Countdl than that of securing the wiplog odt of the unfutr and un- just laws which exist In regard to the tarltt. Ife hoped the Board would act as 8 unit to bring about such a result. MR. E. . DORR, OF BUPFALO, wanted tosay a few wonls In favor of the American ship, and to show why there was no nced to go abroad Lo purchase vessels, Amert- can ships had been one of the greatest aseistants in bullding up this country, and in the past the shipbuilding Interest had been nue of the great- est importance. The commerce of America had pasecd into other hands since the War, and as A CONSEQUENCE OF TIE WAR. It had been sald that this was a question, not of the keel, but of the flag. He held that jt was a question of the keel, and that America possessel skilied mechanies unexcelled fn the wopld, If they could Luy ships as cheaply fo this country as abroad, why go abroad to buy, and why ask perinission to daso! America has the finest tinber fo the world, sud her cotton fur canvas, bier wire cables, and anchors, were uni- cxcelled by avy. He Included Canada in these remarks, and polnted to the growth and pros- perty of Bt..John, New Brunswick, as an ex- ample of what hume Industry would do. Furope was drawlug on this country for its timber of which Lo construct ships. Hethoueht it quite probable that thers was already AN EXCESS OP TONNAGE IN EXISTENCE, and why should Americans enter {ute the mar- ket and take these off the hands of the awners? A gentleman present had told him that he had been offered a ehip at £43 per ton. He went for the American ship fu its entirety, and hoped that they and their Canadian brothers would look to thefr own forcsts and thelr own mines for the material, MIt. PREEMAY, OF DETROIT, favored the resolution introduced by the Boston Board of Trade. He belicved that the Improve- ment in the financial condition of this country was not to be found on the resumption of spe- cle-payments, or in any other of the panaccas offered from time to tlme, but in th2 growth of foreign trade. We produce much more than we consuine, and something must be done to fing foreign markets for our vroducts. TNE TIME WOULD COME when merchants would go Into the markets of the world and buy ships where they were cheap- est. Eungland maintains her mehufacturing su- premacy to-day only by the energy of her mer- chants in finding markets for her maoutacturcd products, and, with the -recognized character of. her goods, America would, under wise naviga- tion laws, become the forcmost manufacturing, aa it is to-day the forcinost agricultural,country of the world, MN. AMDROSE ENOW, OF NEW YOI, ‘was in favor of irec trade. ¥ ehips as in every- thing clse. At present there was no need to go abroad to buy ships, for he knew that ho could buy & 2,0000ton shio in an Eastern barbor at &40 per ton. The advantage of a wise law wos shown In the situation of Great Writain. If ° that Power gets into o war with Zussis, her mercan- tlle marine woukl simply pass under auother flag while the war lasted, the owners knowing that they could bring back. thelr vessels under the British flagat the close of the war, England now has a mercantlle marine with a tonnuge cqual to fully 18,000,000,—that s, {f 1t were ull rated as ealling vessels are. In orderto bulld up ber trade ENGLAND UAD IN THE PAST BUDSIDIZED STRAMERS trading to all parts of the world, but she had discontinucd that system to n great extent, and it would soon stop altogether. Thg speaker thought It was an utterly foolish thing thal they could not buy vessels in Canada or Great Britaln, or that a man in Bt. John could not become part owner of a vessel with a New Yorker. In case of a war that should cubance the valuc of American ves- sels, thousands would be bullt to mect the de- mand, which would only last as long as the war might. At the closc of the war they would be left with an enormous flect on their hands, with which they could do nothing. - MR, JIOPFSIAN, OF PIILADELPIIA, asked the gentleman from Boston to withdraw the last resolution, that relating to tarlff, and altow the Board to pass simply upon tho ques- tiou of open registration. ML RILL eaid that it had been liis {ntention to ask per- mission to withdraw the resolution. As to the question of whether forefgn-huilt ships should be make to pay a duty when go admitted, ho deaired to leave that entirely fn the hands of Congress. But lic hoped the Board would now, as it had In previous years, stand by the princl- ple of allowing Americans to buy ships whero they could get them cheapest, MiL, JOUNSTON, OF MILWAUKEZE, wished to correct some remarks that had been made. In his opinjon the English trade was not bullt uo during tho exiatence of the Naviga. tion laws, but after they were repcaled. This was a pure matter of supply and demand, and American cltizens ought not to ba hampered in this rezard any more than ju any other. Allow Amerlcaus to buy ships, and those ships will be repalred In Amerlcan ports, where they were owned. The gentleman from Buffalo had talked about using our own timber, rope, and £0 on, but guppose foreign uatlons told us to eat ull our own wheat{ ANOTOER POINT was that It was not the depredatlons of the Alabams and other Rebel crulsers which broke up our mercantile inarine, buy that, during the tkreo years after the closc of the War, under unwise Navigation laws, it fcll off slmost eutire- ly. Why should mat an Auwerivan citizen be allowed to buy ships abroad when he was allow- ed to purchase everything else where he chosel He would support the resolutions, 2. DOKK aald the reason why the commerce of the coun- try was depressed after the War was that we had none. Other countrics ball zot ourbusiness snd our sbips. And that was why we bad nono to-day. Ilc. would bethe lastman to restrict the libertics of the America: were© o this , country & } large nuwber of artlsans, &nd it was o duty the Bourd owed to them to protect ud stand by themn In cverything they could do that was cqual to that done in other countrics. It this country's prosperity was to be restored by its shipplng, as many claimed, by gl that was lair, THE WORKINGMEN BHOULD PARTICIPATE IN iT3 HEATORATION. Should 1t not be secn to that the everplus of Europe was not forced upon us! Was it not the citizen's highest duty to do what he could to protect the labor element, gnd all that held the country togethert The trde rule was to pay the value of what we got. Would it not be wrong to allow men to pay 25 ceuts on the dol- lar for ships and bring them to this countryd 4t was right to get the Lest for one's mouey, but be wanted to shut out tne * illegitimate class,”—vesscls only in name. ME. WIXYOR, OF PRILADELPRIA, had st one time favored the admission of freo ships, but was opposed to it now. LAt that time the prices of material and labor were bigh. The clat was much less on the Clyde than in chis country, and he tbought then it was for the benefit of commerce to admit ships free. But matiers had chauged very wuch since. Mate- citizen. There rials and labor were low. Employment was wanted for onr mechanies: and he held that the repeal of the Navigation laws would have a bad effert. It would prevent the buildinz of ships here. 118 OPINION was that no one would huy ahips ahroad,—that the repeal wonld be perfectly uscless. He ro- membered before tho War that the cost of & veseel complete for sca was $60a ton. Now they could bo built for 810 a ton less,—as low as they ever could be bulit for intnis country. Ho wasopposed to the agitation of the matterat thistimo on another ground, which was that we wera comlng to a time when we would have, If we were prudent, 8 proper revisiun of the Tariff law. Ile belleved that the Protectiontsts and Free-Traders were both will- iIng that the tariff should be modified. It was the Introduction of such questions as this which AWAKENED ANTAGONISY betsween the parties, for this was a frec-trade or protection matter, although the last resolution had been withdrawn, It ralsed the whole ques. tlon of free-trade,—once which vught not to be ralted now. If they would go on on good terms with cach other, and bhave a Commisslon appointed in Con- gress to revise the tarlfl. they would get a revislon that woutd benefit the whole country. This was of more importance than the repeal of the Navigation laws; and he had mskea the gentleman from Boston (Mr. Hill) last night to withdraw the resolutions. They asserted that the laws were the vause of the decline of Amerfcan commeéree,—that was, they did not nawe any other cause for it ‘THE CAUSE OF TILE DECLINE dated far anterlor to our War, [Applaure.) Ite remembered the time when American shios were much better than forelzn sbips,—much faster, und commanded by more enterprising and cnerzetic men; and at that time Ameri- can sbipoiog bore the eane relation to the ships of other nations that steamships now bore to the shippine of the whole world, ‘Then all who crossed the Atlantic went In Amerfcan slilps, But when steamships were introduced they took all the passengers snd fine freight, and left nothinz but the coarse frefeht to our satting ships, and they came down tu the level with foreigzn vessels, TIAT WAS TUE MAIN CAUSE of the decline, and theirold position conld not be recovered for our safl-ships, because pas- scogers aud flue freight woitld always go by steamships, They must be content with coarser frelght. As ta steamships, he thought ¢ was pietty plain why the Enclish. ot the start of ur, We nad built steamers cxclusively for river mnavi- gatlon. Ou the contrary, the English first start in steam power was for the coast,—they had no rivers. So, when It was demonstrated that steam could propel a ship across the occan, they were prepared at’ once to do the work. Thelr mechanies had been tralned to make that kind of machinery, and had experience. And THEY GOT TUE START OF US, and had kept in advance to this day, IHo thought the resolutions ought to'be dropped on the ground, if om no other, that they were uso- lcss, and would prevent the adoption of mecas- ures of much more importance. For ke was satistied, if the azitation of minor matters were continued, the antagonigm between free trade and protectivn would bekept up, 313, SNOW had noticed that the geotleman from Phila- deiphia (Mr. Winsor) sccmea to think that it was the Clyde tney were alning at, and that they wauted to buy fron steamers. This was not the eases the class of tonnage which they were Jooking for was wouden saillng vesscls, which they woulil buy in St. Joht or wherever they could et them chenpest. M. HOPES, OF JOSTON, thought that the speech of Mr. Dore was a pow- crful argument in fuvor of the resolutlons, It Atncrica had the best {ron, the best thinber, and the best mechanivs Iw the world peo- ple would scarcely * require & law to compel them ™ to go abroad and lmi- vesscls. There were only two things which the United States Government pusitively prohibited the importation of: one was ships} the other obscene publications, There was no danger of the Amerlcan trade belng crushed out by forefizn competition, The War compelled cvery one to stdp the puvchase of uselezs Juxu- ries, and the import trade fell off. Then the Rebel cruisers picked up & good many vessels, and prices went up to at Jeast 00 per ton, The cnormous fotlation caused by tho fssue of - an_cxpanded enrrency befped to hurt tho shipping trade, ‘and when the de- lusion was ~ exploded, in 187, and they found their paradise of grecnbucks to be a ‘*fool's paradise,” they saw the folly of this course, ’ » 1P TUENE WERE NO MOTIFE {for going abroad to buy slins, why should not tho Taw probibiting such purchase be repealed? He did not belleve that ‘merchants would go abroad to buy rotten ships, but it they could get zowd sbips cheaper there than here they would buy them. 1twas truc that at present there were inore steamships in - existence than the world had need of, but this would not last for cver, and it would be well for Americans to purchase them while they were chieap, 50 as to ffl' the trade into thelr hands Ly degrces. During the Irish famine of 1546-'47, and in 1649, when the Calilornia trade sprung into existence 80 quickly, it was impossiblo for this country to supply the demand. He beliaved that in a few sears another such demmand would arise, and that Americans would lose large eums by reason ol thetr nov-preparation for it. They inust not hfmn u]mlr work by prohilbition and spite. [Ap- plause, 5 ME, BDAYARD, OF BALTIMORE, announced that he aud bis colicague would vote for the resolutlons. -dle was glad to sce that there wero symibtoms of a return to tho souad principles of natural commercial law. The American citizen bad a ght to buy whatever he needed in the cheapest inarket. It had Leen atfirmed that shivs could be bufit ln Amerlean barbors for luss than_ they could bo bought abroad. This fact, if It weren fact jraved clticr that the- prolectivs lave had uiled {n their operations or thut they were a fallacy altogother. I{ ship-butldivg in this coutty is dovmed, no amount of legislation will wave it. In detlance of. the proverp, water can bo wade to run up Lil), but people never at- tempted to make it do so unless 1t would pay for pumplnz., . Commerve, like water, weuld | tind s level, and it was fnpessible to divert it fnto sbnormal chan- nels fur any length of time, Ihey might as well try Lo stop the course of Niagura, hought that Alm:‘ Avl""l‘ll.“"-lll‘ll 1y be imposed thot 8t a duty should certaln] Im| un:‘lfi pa bought 0 toreign wm.’AquuUun which had becu overlooked in this discussion was, that unlues additional laws were suulul they could not enter nto competition with for- cignshippers, 1t su American eutered Into the “Transatiantic trade with foursteamers bougnt, say, on the Clyde, aud sdwitiea free of duty, he would flud bimsclf at a disadvantuge fo the matter of wages aulons of 50,000 o year. They must remember that they would huve to coinpete with foreign stcambout lines subsidized by differcut Governments, Bos- ton had tricd to establish a steamboat 1 which failed {n mxmu’ueln-u of failures I cous struction. Phiadelphia had followed in the same path, aud bud run a lue under the exist- iug Navigution laws with some success. Ho llmut'ln. it cruel to Joree through & schems of this kind at & time when acres of plg-irou re- mained unsold wud hundreds of laborers wers clamorivg for work. They abould uot destroy an already sullering industry. Every advantage which a person desiring to ko into this business might usk wus sircady provided by the existing laws, sud he hopec that the resolutivus would be pustponed, MHH. SNOW wished to remind the gentleman that America already bod u lorge freclist, und that this was ouly & questiun of adding ablpa to that list, Mk. LUCHANAN, OF TRENTON, sald the free list spoken of was mwade up of artl- ¢lea not produced b{ bome manufactorics. It Wwus a toct that the Uwited Etates did producs ships, aud to add thcus to the free lst would be to take off 8 restriction which vow fuurea to the benetit of the Awerlcan maker, Despito the assuraoce that this is not & free- trade weasure, he thought there was a kitten in thy meal-tub. He did not look upon it as a questivn of pnaociple, vnly 80 far ss having lor revenue, but as u question of futeres Whatever the uttcruucs of the Hoard might IT MUST NECKSsARILY BE A DIVIDED ONE. Slup-owners would yute for the reaolutions, and —_— —_— ship-huflders aralnst them. Where he came from—the banks of the Delaware—they were Luilding ships hetter than answhere clae, If the resolutlons did anyiling they struck at the throat of that indastry—would” drive skilled Iabor back to England, and muke the market for Milwaukce wheat 4,000 iniles away instead of 1,000—would shiut #p to a certain extent the 1ron and coal mines of Pennsyivania and Ohlo— oud erippie all branches of Industre cozaged di- rectly or Indirectly in ship-butlding. I, JONNSTON dld not see why other manufactured articles #heuld be adinitted upon the payment of the ree- ular duties, nnd prohibita ship, which wasaman- wlactureld nrtlcle, from being bonghy by an Amesfean citizen, The cause of fdie furiaces was the Jegislation which it was sought to re- peal. That wan at the bottom of alf the stagna- tlon. After putting o tarlfl on nafls, and saile, #wl lumher, and everything that entered into the construction of a ship, sv tnat no man could build one, laws were passed prohibiting the buying a ehip abroad, and was it any wonder thut the shipping interests were no- where? [ men were not alluwed o hulld ships, tuey ought not 1o be rrohibited from buylng them, -~ No law should prohibit the huying a thing abroad {f the Amerian citizen thought it was to his intereat to et it, MR, HATES, OF DETROIT, sald they must look at this usu fnatter of sup- rly and” demand. J{ they could go abroad to buy occan-going vesselr, they might e’ well do s for the purchase of lake vessels, 1t was not three months ago that DO man was a0 poor us 1he owner of a Juke v scl, and he found It {mposeible to ratse mon on such security, The 'Incotne resulting froti yeescls satiing trom Milwaukee has inercased 800 per cent In the past six weeks, and be did not want to sce the ship-huilling industry ut- l:rl( destroyed. Jle would, therelore, vote awainet the resolutions. MIi. MONTGOMERY, OF PORTLAND, ORZ., sald he represented u town where they hud re- cently commenced bullding ships, awd, although thiey had to pay high pricea for labor, the busi- ness had fncrcased. He huped that none of the cxisting restrictions would be removed, and apoke to Invor of subsidics. MIt. W. 2. EGAN, OF CHICAGO, sald that, o behalf of the body whom he rep- resented, he should vote for the resolutions. AN AMENDMENT OFFERED. Mr. Buchanan offered the folluwing as an amendment Resolred, ‘That the Navization Jaws should Lo so amended as to allow the registration of ships bullt abroad and owned by citizens of the United Staten upon the payment of the proper tarlfl du- tles thereon, Thle, sald Mr. Buchunan, brought the matter, a8s he understood, sousrely to the polut so strongly urged, and divested it entirely of any free-trade or tarifl odor. LOBT, The amendment wus .voted down—yeas 16, nays 18, as follows: Yeas—Emn, Densley, Counselman, Taylor, Dasls, llancack. Allen (of Philadei~ phia), Wetherell, HoTmaw, Malon, Daker, Ba- chanan, Exton. and Montzomery, * ‘Nays—Bayard, Willisr, Stopes, 31, Dorr, Old- ershaw, Dickinson, Hayes, Haymond, McLaren, Allen (of Milwaukee), Johnuston, ltay, Strunahan, Miller, Snow, Barron, Wineor. THE MAIN QUESTION. ‘The auestion then rectirred on the adoption of the resolutious, and they were concurted I, s twothirds vote belng Yequircd-—-yeas 29, nays {, as follows: Yeas—Uuyard, Wililar, Ropce, I1H1l, Denatey, Egan, Oldersaaw, Counselmun, Dickinson. Tay- lor, Gano, Dana, Davir, Kaymond, Chamoerlain, #ancack, ‘SicLaren, Allen (of Milwaukee), Jobn- ool nnly‘. Htranahan, Miller, Snow, Barron, Hofl- or, Dore, Allen (of Philadelphis), Winsor, rell, Malone, Buchanan, Extou, Montgome ‘The announcement of their adoption was re- ceived with applause, REFERENCE. THE DANKRUIT LAW, THUE RESUMTTION ACT, AND TUE NATIONAL CURKENCY. . Epecinl Ditpatch 1o The Trivune. MiLWAUREE, Aug. 22.—The fifth proposition was the further conslderation of the Bankrupt law, This was submittied by the Philadelphia Board of Trade, and Mr. Allen, of that city, rose to sprak, but was Interrupted by o motiun to take bull an hour's recess. This was, how- ‘ ever, withdrawo. Mr. Allen theu said that thn existing Bank- rupt law had proved a fallure, and thatthe busl- ness public were favorable toa change in the system. He thought, however, that they should not ask Congress to repenl the presentlaw witn- out suggesting what they wished embodiced in the new one. The Supreme Court of the United States hna rendered u number of decistons on points In this law which be, as a layman, could not understand, He offered tho following reso- lutlon: Lesolred, That the Natlonal Board of Trade reapectfully ask \be Congress of the United States for the sppointment of s commirsion 10 taks tnto consideration _ihe Bankruvl Jaw of the United States, with & view of submliting such smend- menta ae they may deem best, Mr, Miller, of New York, seconded the reso- lution. ) 3R, ROPES, OF BOSTON, suggested that the resolution should be made moredefiuito ju regard tothe question of repeal- ing tho exisung law. i Ou motion of Mr. Gano the last clauss was omitted. ® Mr. Buchanan thought the resolution shonld bo further modifled by fuscrting the words “A comtmlssion representing the busiucss intercsts of the country," MU, ALLEN, OF MILWAUKEE, thought this waa dodging the question. Con- gress contalned a sutllciency of pusincss men to judge on such a subject, and It was uot likely that they would be willlng to delegate their powers to anv such commission as that pro- poscd, fle belfeved that the law was filled with evil, and he had hoped that the Board would have taken some more dellnito action fu the. matter, MR, M'LAREN, OF NILWAUKEE, moved that the resolution bo referred to a com- mitteo to consider and report ta the Board some specific provision on the subject. MIt. DARRON, OF NEW YORK, considered that the subject was one of the most important brought before the Board, and hoped that it would be fully ventilated. He did not think that they could get the law repealed, but thought modifications and amendusents could be introduced. Mr. Allon did not thiuk & refereace to a com- ,mittee would du any good, as the session was to be shurt. An attempt had been made to re- form the old law, but it was found that so many different decisions had been made under it, aud so0 many amcudments were necded, that Juwas judged best that the law be repealed. He hoped the matter would be referred, if it wera referred at all, not to & committes but to the Exuentive Council of the Board. Mr. Johuston thought & counnittee would be of much service, aud might be able to make sowe valuable suguestivns, Mr. Ropes beld a coutrary oplulon. The time at their servico was too limited. It tho Executive Council could take tho matter up, be would be in favor of referriug it to them, Mr. McLaren thought the Counnittee would bo better able tado thework thun the Exccutive Council, which In all probability wouldt uot meet uutil December, ‘The resolutjon wus then referred to a Com- mitteo cansisting of Mesgrs, Allen, of Milwau- kee, Allen, of Phuuiclpu?}lrml Barron, of New York. £l Wflflfc 14 Mr. Bayard proposed ¢ pit the Board proceed to the conalderation of ki twelfth proposition, that relating to wefeh's 7 ¢ the byshel. TUE £°.T MPTION AOT. g 3r, Taylor, of Ciucluuatl, moved that Proj sitions 6, 7, dealing with the Hesumption act, by referred to a, speclal com- wittes of nine, which amendment was sceepted by Mr. Bayard. Mr. Allét, of Philadelphia, thought It would bo better to co into Committee of the Whole and discuss the question st lcogth. They could then apoofnt & committec to digest what bad been advanced. Mr. Taylor sald the propositions were crude, and required considersble work to bring themn iuto sha LS MI. ROPE3 heid similar mvfi and mqum & commitiee as surgested would do the work well. Tuo wotton of Mr. Taylor was ugresd to, sud PRICE FIVE CENTS. the Chalr appolnted as such committee Messra. Tg{vlor, of Cincinnati; 8hanahan, of Now York; ‘Winsor, of Philadelphl pes, of Boston ; Coun- seiman, of Chicago; Johnston, of silwaukee: Bavard, of Baltimore; Dorr, of Buffalo; and Raymond, of Detroit. THE NATIONAL CORRENCT. Mr. Egan moved that Proposition 0, on na- tional currency, introduged by the Chicazo Board of Trade, be handed over to the special committec. Mr. Taylor sald he had omitted it from his resolutlon out of deference to ,the Chicago delegation, whom he unlerstood waated a special debate on the subject. * It was 8o referred. TIIE BUSHEL. MEN NIAVE PUT THEIR LIGNT UNDER 3T LONG EXOTaI. Bpeeial Dispateh to The Tribune. Mirwauree, Wis., Aug. 22.—The Board then took up Proposition 12, which was recommend- ed by the Mliwaukes Chamber of Commerce, and was as follows: i Jtesolred, That the Natlonsl Hoard of Trade tecomuiends the adoption of the followine as the standard weight of the bushel throughout the United States, und that the Executive Counclt of the Natlonal [foard of Trado be requested to take measurea to bring the matter before the Legiss Inturce of the several States: | Pounds. Dried apple g )_'l.lm:d e 9., o Hemprees Blue grass Greei syples NEARLY TR BAME WITHOUT THE PIGURES. Mr. Ray, of Milwaukec, moved the following resolution: Resolved, That the National Board of Trade recummends the adoption of a uniform standard of the weight of tue bushel throughout the United Statea: and that the Executive Councll of tho, Board be requented to take measarcs to bring the subject before the Lezislatares of the severl States, recomumending such a list of wcights as Jnay upun, ecowparisun of tho standard weights ed by law and castomn in the diflerent! States seem 1o it best adapted to the bosiness ot the countey atlarge. DISCREPANCIES, ‘ Mr. Ray safd that they haa taken the welghts as fixed by the Wisconsin Legislature, and read figures to show that the standanl weights. varied greatly in difflerent States, Mr. Chiamberlain, of Dubuque. poloted out further discrepuncics fn the existing system, and tnoved that Mr. Ray'sresolution be referred to o committee, with fnstructions to report at the present session. ADOPTED. . The motion did not prevall, and tho resolus & tlon offered by Mr. Ray was adopted. TITE TARIFF. ORAPPLING WITH TIHS OCCULT SUDJRCT. Special Dispateh 10 The Tribune. AMiLwaugzz, Aug. 22.—Proposition thirteen, . submitted by the Philadelphia Board of Trade, as follotws, was taken up: Resolred, That a1l datien on hnports shonld, os . fst a8 practicable, be changed from ad valorem 1o specific, the extent of the chanze to be determined vy a _committee of experts ccml:uml of leading merchants; manufacturers, and Treasary ofticials, MR WETHRRELL, OF PHILADELPHIA, sald that the present Tarlfl law contatned 1,5 urticles lisble to duty: that 80 of these wers subject to ad valorem duty, 500 or more ta ape- clfic duty, and about 140known a5 * compoand,'” that {s, subject to both spechile and rd valorem duty. In constdering the quention of what was the best way to collect the duties, they had a great deal to look through. Ad valorem dutics TUREW OUT A PHEMIUM ON UNDENVALUATIONS, The Government ordered that, whea an Invoice was made st what was belleved to be below the marlket price, tho birhest marker price should be aubstituted. But where the Involce price was the higliest it was taken, and that seemed to bim to be wrong. In orderto appraise tho goods, an enormous etall of ofliclals was re- quired at a very great expense. In one case, & certain article was taxed 20 per cont ad valorem fn New York, and only 10 per cent fu Boston. The consequence was that the New York men wero driven out of the ficld, and for two ycars Boaton held the trado In that particuldr article, IN ENGLAND, under an alleged free-trade policy, there wero only forty dutiablo articles, the duty being specific,. The same was true of France, whero several thousand articles were subject to dutve Out of 150 merchauts who replied to the ques- tions of the New York Committee, all but fivo were opposcd to ad valorem duties. Another point waa that Congress psssed somu years ago’ o law known 2 THE ‘‘IMMEDIATE TRAMSPORTATION ACT,” . which was practically the child of the Nattonal Board of Trade. [t was oot surprising that tho Appralsers at scaports should crr in somo cases, notwithstauding their dally ex- pericnce In thelr business. Neither was it surprisiug that in somo cases crrors might creep Into the appralsal by officers In interior ports, The conscquence was that coinplaints arose, prompted possibly by feal- ousy, The remedy for this was the abolition of ad valorem dutfes entirely. He bolleved that a commission of experts could proverly deal with tho subject. It had been his intention to ask the Board to reaflirm the action takeu in New York. A SUBSTITUTE. Mr. Hill offercd the following: Reolved, That the Prusident of the United Btates i requeated to recommend to Congress. tha appointment of & commission of intelligent. prac- tical, and thoroughly-instructed persons for the purpose of making o thorough rovisiun of the tarit of daties on fmporta, ACCEPTED, Mr, Wetherell sccented this us a proposition to bo considered by the Board. M. GANO DISSATISPIED, Mr, Gano suggested that the resolution be modided so as to cmbraco thio idea contaiued in the original resolution—a change from ad yalo- rem to specitic dutles. M. DILL ACCOMMODATING. Mz, Hill had no objection, if it should be the pleasure of the Board, But be thought Mr, Gano would sea that tho question of specific dutics was somewhat one of detall under tha general question of the tariil revision. His proposition really covered the whole ground. MB. GANO BTILL SPECIFIC, Mr. Gano greatly desired that the body should express itaelf in favor of specific than ad valo- rem dutles, My, i)l wished It to ctand aa & separala proposition. * M. BUCHANAN NIELFS MR. GANO OUT. Mr. Buchaoan suprestol tho addition of the words: * A featurc of such revislon to conslat n*the change of duties from ad velurem to spectfic dutics, as far as practicable.” Mr. Hill had no objectlon to that. NEW YORK AND JOHN BUERMAN, Mr. Miller, of New York, dealred to say that the resolution met with the full approbation of bimself and colleagues, audl of tho merchauts of New York generally. Hg bellered that the ‘Treasury Department entertainced similar views, * ACCONDING TO VALU. Mr. Ropes believed thers was sometbing to bo suld on the otberside. Ho bad imported & great deal, and bad nover had anptroudble. An ad valorem duty was iu priaciple tho'very beet, but the disiculty came io when it was attempt~ ed to executo it. Unfortauately, they did not bave fn all thelr Custom-Houses the very bess mcea that could be obtaiued, snd the offices were filled by wea who got in through their + political influence, aod who cared more about that than they did about tos Revenue laws. Ha hoped that with tbe chunge la the Taril laws would come such a politicul chanwe ga would