The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-02-05
New York, Monday, February 8. 1870.
The Candle en- and Amb0y railroad Company
Another Committee Of Investigation.

New York, Monday, February D, IS4Ss
The Camden and Amboy railroad Company
Another Committee Of Investigation.
Some time since a series OF grave charges was
made In New Jersey paper, against the Delaware
and Raritan Canal and the Camden and Amboy
Railroad Companies, by person who signed him.
self ga Citizen of Burlington" These charges
were extensively circulated, and created good
deal of excitement among the stockholders OF
those institutions, and were the general topic OF
conversation by the public of New York, as well as
that of New Jersey. The manner In which they
were arranged, and the force with which they
were urged, were such as to compel the directors
of those companies to take some notice of them,
although they appeared anonymously. Thew &C.
cordingly submitted their books, and everything
else relating to the affairs of the institutions above
named, to a committee of three gentlemen, who,
after laborous investigation, reported that the
charges of Encouragement and fraud were not
sustained, and expressed themselves perfectly sa-
tlsfied with the manner In which those companies
had been conducted.
All this was very nice as far as it went; but the
report of the committee of investgaton-or in
other words the white washing commlttee-did not
satisfy every one, if it did majority Of the stock
holders, as we are informed. Among those who
were not convinced, is the very author OF the
charges the first place. After the report made,
he throws away the mask which concealed him,
and, over his own signature, denounces the report
reiterates his charges, and challenges the commit.
tee of investigation to come forward, and he will
PROVE to the satisfaction of every honest man, that
his assertions of the fraudulent manner IN which
Al A.
Quoted for number of years past, are literally true.
He calls, too, upon the Legislature of the State of
New Jersey to appoint regular committee of lnves-
tgation and he will prove what he states. There is
every probability that this committee will be ap-
pointed, and that Mr.. Cary, of Burlington who
prefers his charges, will have an opportunity to
substantiate them.
The course which matters have assumed does
not seem to please the parties against whom those
charges have been made, their friends, nor the
committee; and they are exertlng themselves to
prevent the appointment Of such committee, by
every means In their power. One of the argu-
ments which they use for this purpose Is, that the
committee who made the investigation at their
suggestion, are men of unbemished reputation,
and the appointment of committee by the State,
to 60 over the same ground which they examined
and reported upon, would, by implication at least,
by denial Of the correctness of the report-that 1t
would be, IN fact, equivalent to putting them on
trial before tn. public. This bare.faced petty
Jogging lawyers trick. 1t has nothing at all to do
with the merits of the case. 1t is an attempt to
create false Issue in the premises; and on that
account we are more inclined to believe in the
truth of the charges than we ever were. Truth
never yet was afraid of investigation. If the
affairs OF those institutions have been properly and
honestly conducted-if the State has not been de-
the stockholders have not been derauded by aid of
false reports, has been asserted they have, then
the directors need not fear an investigation
They are not the guardians Of the responsibility
and standing of the gentlemen who composed the
committee. They need not fear an examination
into their affairs by committee Of the Legislature
armed with pow er to send for persons and papers,
and If necessary, put the directors on oath as to
the situation of their affairs Itisan old trick this
white washing business 1t Is very easy to invite
some highly respectable gentlemen to examine In
to the affairs of an institute onto place before
them such books, papers and vouchers as they
please for such committee to report favorably
thereon; but it has become so stale that very
little reliance Is placed on reports thus made.
We again say, that If the affairs of those instu-
tons have been conducted properly, the directors,
instead of trying to evade Legislative investlga
ton, would court and demand it. The Leglsla-
ture, we hope, will appoint the committee. They
owe 1t to the public TO do so.