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Show GENERAL. T!i NiUfoiittl Board of Trade -lruulortulioii Heaolulioua. Philad.-lpnia, IS. At the uesaion of the national board of trade this ul't.rruoon the following i" relation to toe centennial i:ipouiliuii wan unanimously unan-imously adopted : U'ttAred, Th.it a.- a holy we feel an uniienitaling conviction tiiat tho 6uc- it' tha enlerj-no is already assured, as-sured, and commend the furtherance of the wurk to the pride and patriut-irn patriut-irn of our fellow citizens ia every guction of the country. The committee on transportation iubmilteU the lullowmg : Whereas certain delects exist in our HyMeui of transportation which uro an unnecoanary burden on tho commercial intere.-.t and upon every producer and conoumer, and whereas where-as prominent among these are the construction of railways mainly by the proceeds of bunds, without tho full payment of stock subscribed; tho watering of stock on prosperous roads to aflord a plausiblo pretext for imX)-ingon the public an oppressive tanll of charges; combinations between be-tween parallel lines for the same purpose; pur-pose; thu division of tho legitimate work of railways among yarious sub-conipaniea, sub-conipaniea, such as last freight, ex-prces, ex-prces, aleeping and palace car companies; com-panies; tho existence of bridge companies com-panies and other similar device in which railway managers aro interested, inter-ested, and which deplete tho revenue which legitimately belong to the stockholders, together with other and greater detects which allect the public pub-lic interests; tnerelbro, KcsUccd, That the subject of transportation tran-sportation having, as it has, a most important bearing on tho wolfare of both our iuternal and foreign commerce, com-merce, should receive the earnest consideration con-sideration of the legislators, both stato and national, to the end that substantial justice be done both to tho capital which has honestly been invested in-vested in our transportation system, and ulso to the public, Itisulved, Tnat whero transportation transporta-tion lines are located exclusively within tho limitd of a state, they should bo regulated by state legislation, legisla-tion, but where they are engaged in inter-stats commerce it is the duty of tho national government to prescribe and enforce such regulations as will insure substantial justice to all con-corned. con-corned. Unsolved, That there exists a lamentahlo lack of reliable data en which to baso legislation at this time, and wo therefore urge on congress tho establishment of a department or bureau whose special business shall bo to collect and dissominate information infor-mation bearing on our great national conimereo, which is now estimated to exceed in amount that of our foreign commerce in the ratio of twelve to one. We also commend to the attention at-tention of the various states the importance im-portance of collecting reliable information infor-mation on which to base their local legislation upon this great question. Jicdolvcd, That experience has shown that the attempt to regulate the details of railroad management ia 'inexpedient, but that certain laws of a general character may bo enacted which aro both practicable and necessary neces-sary for tho protection of the public interests; among these primarily is an amendment to the general railway rail-way laws of the different states ao as t to prohibit the issue of stock wnich is not paid fur, and the increase of capital stock except for definite and epeciticd extensions or improvements. The issue of stock to represent surplus earnings which have been collected from the public should bp nlwnlnMy , ..tbft. oecunu, a OTiTTuiui oja- tem for keeping tho accounts of transportation companies should bo established in all the Btates which will enable a correct judgment to bo formed of their condition. Third, a uniform classification of various articles arti-cles of merchandize should be made in all the states. FQurth, a uniform system of publishing or posting at every shipping point a schedule ol rates and tares, embracing all particulars parti-culars regarding distance, classification, classifica-tion, special tariff, etc., and prohibiting prohibit-ing an increase of such rates above the published limits without at least thirty days' notice. Fifth, requiriuE railway companies to receipt for a quantity and to deliver the same at its destination. |