November 5th.-A report was presented by the Executive Committee upon the situation in China. This report favored "the maintenance intact of all covenants now in force until the people of China have demonstrated their ability to establish and sustain peace in their country, justice in their courts and to afford adequate protection to foreign residents." This report was debated at some length, but was finally adopted after certain amendments.

Major-General CHARLES W. BERRY, Chairman of the New York State Coal Commission, was a guest, and spoke upon the coal situation.

November 19th.-The One Hundred and Fifty-Seventh Anniversary Banquet was held at the Waldorf-Astoria on Thursday evening, November 19th. One thousand and ten members and guests were present, the largest attendance at any banquet of the Chamber since it was founded. The presence of the

President of the United States as a guest of honor and speaker, together with the large attendance of prominent men of affairs, made it the most notable dinner of the Chamber, in many years. The President was the only speaker.

December 3rd.-The Committee on Foreign Commerce and the Revenue Laws had its report unanimously adopted favoring the ratification by the Senate of the treaties between this country and Turkey, signed by representatives of the two governments at Lausanne on August 6th, 1922. A report was also adopted, presented by the Committee on Internal Trade and Improvements, opposing Federal regulation of anthracite mining.

A resolution was introduced from the floor requesting the Committee on Taxation to study the City Budget with a view to aiding the city officials. This was adopted.

President ECKER made a few remarks in recognition of the career and service of SAMUEL REA who had recently retired. from active work. Mr. REA responded with a short address.

January 7th.—A report by the Executive Committee was unanimously adopted, opposing recognition of the present Russian Government. The Committee on Internal Trade and Improvements presented a report which was unanimously adopted, recommending Federal legislation to place the control of motor

vehicles operating as common carriers under State and Interstate Commerce Commissions. The Committee on Commercial Education presented two reports which were adopted: one authorized the President of the Chamber to appoint an Advisory Committee to the Wall Street Division of the School of Commerce of New York University; the other report favored an industrial museum for New York City.

A resolution was presented from the floor and referred to the Executive Committee, which advocated that the American Debt Funding Commission suspend further negotiations.

A short address was made by the Honorable JULIAN A. GREGORY, Chairman of the Port of New York Authority. This was followed by an address by the Honorable JAMES J. WALKER who had taken office as Mayor of the City of New York on January 1st, and was the guest of honor of the Chamber.

February 4th.-A Special Committee on the City's Debt Limit was authorized. A report was adopted, presented by the Committee on Foreign Commerce and the Revenue Laws, urging Congress to enact into law H. R. 3858 to establish in the Bureau of Foreign and Domestic Commerce, a Foreign Commerce Service. The same Committee secured the unanimous adoption of a report favoring the acquisition or erection of embassy, legation and consular buildings to house government agencies abroad. Two reports were presented and adopted by the Committee on the Harbor and Shipping: one favoring legislation to prevent the discharge of oil into coastal navigable waters; the other opposed the transfer of steamboat inspection service from the Department of Commerce to the Department of Interior. The Committee on Taxation brought in a report in response to a resolution adopted December 3rd, 1925, regarding a study of the City Budget. This report declared that neither the Chamber or its Committee on Taxation were equipped to carry out effectively a study of the Budget with a view to aiding the city officials. This report was adopted unanimously.

A motion from the floor was adopted to the effect that the Committee on Public Service in the Metropolitan District "see what can be accomplished for the preservation of Riverside Drive as a beautiful boulevard." Another resolution was adopted requesting this same Committee to ascertain the facts concern

ing the relation between the cost of coal delivered in New York and the price demanded by retail dealers.

During this meeting commercial credentials were awarded.

The Honorable S. WALLACE DEMPSEY, Chairman of the Committee on Rivers and Harbors of the House of Representatives, was a guest of the Chamber, and made an address on an AllAmerican Deeper Waterway from the Great Lakes to the Atlantic.

March 4th. The Committee on Internal Trade and Improvements presented a report which was unanimously adopted, opposing a bill in Congress which would take away from the Interstate Commerce Commission certain authority over the matter of railroad rate making. The Committee on Taxation presented a report advocating the exemption of personal property from taxation in the City of New York. This report was unanimously adopted. This Committee presented another report for the information of members of the Chamber upon the high cost of government and increased taxation in the various states and minor government divisions. This report was placed on file in the usual way.

The Committee on Public Service in the Metropolitan District presented its findings upon the sale of coal in the City of New York. A resolution was adopted favoring a measure in the State Legislature to amend the Public Service Commission law so that that Commission could investigate prices and distribution methods of coal, with a view to protecting the public from profiteering and uneconomical methods of distribution. The same Committee presented a report which was unanimously adopted, expressing the appreciation of the Chamber for the able way in which the Health Commissioner handled the smoke problem during the anthracite coal strike.

The Special Committee on the City's Debt Limit brought in a report favoring, with certain limitations, a grant of power to the City of New York to borrow, if necessary, $300,000,000 for the construction of new subway lines, this sum not to be considered in computing the Constitutional Debt Limitation as now established by law. This report after some discussion was unanimously adopted.

The Special Committee on Workmen's Compensation Legisla

tion brought in a report which was unanimously adopted, opposing certain amendments to the Workmen's Compensation Law.

The Honorable GEORGE V. MCLAUGHLIN, Police Commissioner of the City of New York, was a guest of the Chamber and spoke on Crime and the Police Department.

April 1st.-A minute was adopted in memory of the late CHARLES LANIER. A report was unanimously adopted, presented by the Committee on Internal Trade and Improvements, opposing the regional appointment of Interstate Commerce Commissioners.

The Committee on the Harbor and Shipping presented a report which was unanimously adopted, opposing any legislation to remove the power of nominating the Board of Governors of the New York State Nautical School from the maritime and affiliated organizations as provided for under existing laws.

The Committee on Public Service in the Metropolitan District brought in a report, commending the proposal of the Health Commissioner to inaugurate a system of staggering hours of employment to reduce congestion on the City's transit lines. The same Committee presented a report advocating legislation to enable the destruction of antiquated buildings in the slum districts and their replacement with modern structures to rent at $12.50 per room per month or less. After considerable debate, this report was adopted with slight amendments.

A resolution, presented from the floor, was adopted endorsing a report of the Legislative Crime Commission.

NECROLOGY

During the Chamber's official year ending OF MEMBERS April 30th, 1926, there were deducted from the roster of its membership sixty names by death. The list below is presented in the usual form, giving the year of admission to membership and date of death.

DEATHS FROM MAY 1, 1925, to APRIL 30th 1926