The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-09-24

tive and from Its ccsinsss only be BY the very
elite Of the beau monde.
--==
Our New Haven Correspondence.
New HAVEN, Sept. 8, 1854.
The Rum Latc-Ks Effects upon Trade
.Netc York and .Ne,D Haren Railroad
Hon. Joel w. White, etc.
The wisdom of the last Legislative quacks Of
this old nutmeg State is exhibiting itself in
various and sundry ways about these hot and
dry dog days. Although the rum bill was
thought by its friends to be sugar-coated suf-
sagacity did not reach far enough to discover
the peril and jeopardy of other interests in
separately connected with rum. The expert
ment, thus far, has shown no elimination in
the consumption of the critter"-if outward
signs afford safe conclusions It has closed
great number Of business houses other than
hotels, driven their occupants to New York,
Boston, and elsewhere, and transferred the
trade which naturally belongs to the cities of
Connecticut to foreign States, and consequently
deprecated property to the extent of the amount
of trade thus withdrawn, which may be safely
put down at one tenth of the whole mercantile
business of the State. Had all the sections of
the law, as originally framed, been passed, it
would have performed the last service always
excepting the doxology) for old Connecticut
Suppose a few such sections as the following
specimen had been tailed on this famous rum
bill?-Or, indeed, attached to Mr.. Harrison's
free African bill:-'' And be it further enacted,
&C., that it shall not be lawful for any white
person to become citizen or pass through or
over this State, who cannot prove by affidavit
or otherwise to the satisfaction of the court
having jurisdiction, that (him or her) as the
case may be, are ready to steal property from
any slavehol0ing State-violate an express law
of Congress by refusing to surrender the same
when called upon to do so by the legal author
ity-possess not less than twenty-five shares of
underground railroad stock--in full communica-
ton with the Presbyterian Church, and ready
at a minutes warning to wade knee deep in
blood in defence of niggers, bond and free, all
over the worldv' How such a law would
Schuy lerize the State; and how many of the
members of the last legislature would have voted
for . law as prepOster0us as this did they hope
for its passage, am not prepared to say. But
that some of them would have no reason to
doubt.
Speaking of Schuyler brings to mind the
New York and New Haven railroad. notice
that the committee which was appointed
some TINE Stree t. looI intO their affairs, are
soon to make their report,-the correctness of
which depends very much upon the position
which they occupy at present and prospec-
lively. II they are the agents of that old rot
ten faction who have led themselves in a shower
of gold to kingly palaces by fraud and impu-
dence, neither the stockholders nor the public
should have much confidence in their report
Nothing short of general scooping out Of all
the old sharks in the concern will satisfy and
the sooner done the better. The New York
and New Haven railroad approaches nearer
perfect railroad monopoly than any railroad in
this country. 1t enjoys business equal to the
most favored-sufficient, if properly managed,
or not hourly robbed, to pay fair dividend,
even against the fraud in its construction, an
incompetent or criminal directory, the great
Schuyle fraud, and possibly pilferings since. It's
receipts are enormous. Its expenses more than
enormous. Compare it with the Michigan, South
ern and Northern Michigan, which cost some
five or six milliOns-the gross receipts of which
should not be more than that of the New Ha-
ven-and expense of operating greater. We
find the former road to be good paying proper
ty, and the reason simply is, because 1t is man
aged with strict reference to the interest of all.
No fat jobs are given there that goes to con-
structi0n account, and afterwards divided be-
tween the contractor and a little coterie of the
directors. No over issue of stocks, while Judge
Stryker, Mr.. Jervis, and the Litchfelds are
about In short, their road is not run without
president, board of directors, competent
engineers and employees who are in active SER
vice, and who are chosen with strict reference
to integrity and brains, without inquiring the
respectability of parentage or weight of purse.
Give the New Haven Railroad all that belongs
to 1t, and that is neither more nor less than
similar management to the Northern Indiana,
and it will pay fair dividend upon five mil
lions of dollars, keep itself in repair, and sus-
tain its rolling stock. notice that You have
endorsed the recommendation of the Hon. Joel
W. White, of Norwich, for the Presidency of
the New Haven Railroad. You have hit
upon one of the most energetic railroad men in
the country; one of much practical experience,
wealth and influence, and who takes great pride
in carrying all his enterprises through. He
will receive the vote of the New England stock
holders, should he consent to retire from the
presidency oil the Norwich and Worcester rail-
road and serve. Should he be placed there,
apprehend that parties in interest would soon
realize the difference between the old style of
doing the business and the new; and by way of
adding strength to the ticket, may be permit
ted to name A. G. Flagg, Esq, for treasurer, and
with working directory the New York and
New Haven Railroad will pay beyond ques-
ton. When is the mass meeting of the stock
holders at the Metropolitan Hotel? The people
about here are anxious to know. They are
getting uneasy-feverish. Let US know about
it, and oblige, STEAM.
ARREST OF CouyrRRFEIrER AND DISCOVERY OF
A LARGE AMOUNT OF COUNTERFEIT Plates
Thomas Davis, of this city, seeded ia arresting
an expert counterfeiter, known by the name OF
d. d. Newman. Information having been received
that he was in village on the Central Railroad,
west of Auburn, Sheriff Thompson and officer
Davis started to arrest him. Mr.. Davis, who had
seen Newman on one or two occasions, remained
at Waterloo, while Mr.. Thompson went as far %
Ganandaigua, but not finding his man, returned to
Waterloo, on his way home.
At that place he was Joined by Mr.. Davis, and