The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-03-17

increase over the toDpsge Of 1854 OF upwards OF
two hundred and slxfy.two thousand tons. Notsith
standing this great force nov In complete order for
work. private coal operators 10 well convinced
that the demand for transportation will exceed tho
ability Of the road to meet II. that they have taken
the alarm, and hav for t,e first time In the history
Of this trade, entered INTO contracts for the c,n.
sfruction OF cars on their Account II IN fact
within our own knowledge that ak HUNDRED cars
have already been ordered on private account, and
we know q another party that IL negotiating for
four hundred more. The addition OF ak huodccd
cars would increase the capscty II toe road seven
thousand five hundi ed tori per we. K; and an add
tona four hundred would make q total weekly Ia.
crease In its capacity OF twelve thousand i've hun
dred tons.
The Philadelphia Ledger, OF the 10th inst. says -
There Ia evidently misapprehsn.ion on the part Of
some OF the writers Of money articles regards the
mode OF settlement OF TEXAS claims under the bin
Gently passed by Congress spproprating 81 100 900
TO that object subject TO by "a. Legislature
OF Texas Some ~ these writers enormously 10
imagine that the settlement 10 be the scaled
principle The bill as passed, can only be accepted
rejected by Texas II is not liable 10 neut ,di
hcation or alteration. The former Secretary OF tho
Treasury, Mr. Corwn and the present Attorney General
OF the United States Mr. Cushing do not agree Ia their
views 10 what part OF the debt flutes that por
ton for which the public revenues specially pledged
SO that TO please all parties Interested In both reports
and prevent any further difficulty In the matter the bill
was formed by and with this consent OF the creditors to
include both the above mentioned views and the bill
after specially designating both tho reports zoe.
say that the sum OF 1880 900 10 To be apportonsd
among the said holders pro rata Provided that the in
terest the debt embraced this act, shall b. deter
mined by the existing laws OF the State OF Texas
Nothing can be palmer than that the entire sppro
sors OF Texas a. designated in the two repors-thoss
bearing interest with interest added tho face
OF tho chma PRO ratd-and not according TO the scaled
rates - some years ago designated BY Texas
The Philadelphia Ledger Of the 10th inst, give,
the following Information relative to the debt Of
TT A 1aroa NJ La bal In
PhilAdelphia, and ~ tho Ledgey Is the mouthpiece
Of holders In that city, any statement In relation to
this much vexed question will be interesting to
holders In other parts Of the country
We do not find thing the law OF Congress author
ling the Of the claims Of Texas which require
sealed certificate All that the Secretary OF the rrea
sury can demand IL that the evidence of tho claim IL
genuine II satished on that point ws presume it viii
be paid scaled unealsd A. evidence on this point
be the certificate Of the fact by Tsras
There are many fraudulent ana counterfeit certificates
afost, and well executed that only the mos, erps.
rteneed ofcsrs In Texas can distngush the bad from
the good A 70 the assent OF Texas to the Law Of Con
gress necessary to ITS going oiiectuauy into operation
there doubt than hrst suppo sed. The
Galveston Journal OF the "a inst, comes out very de-
cidedly against II. II says:
visions Of the Texas Creator BILL far ad.
vised OF them Ibs bill provides for mode OF paymsnt
ants than any system heretofore agitated n accepted
Lesature win be converted INTO a court OF claims
sitting to adjust the amounts due those creditors who
have already been paid of ess rate un Tor seal
ing system and statute book Will consist OF nothing
but private relief bills II this democratic state cannot
prevail on the democratic majority in both houses Of
Congress TO treat her though hAd this in,.ge
Ia know how mnoh she and TO whom she H. In eb-d
and a. II shs was possessed Of common honesty We
think that self respec, should induce To consider
the propriety Of speedy change in her politics."
We have received the bill Of complaint fled by
Daniel b. Allen against the President, Vice Presi.
dent, Directors, Secretary and Agents OF the Access
sorry Transit Company Of Nicaragua II is docu-
mept Of ffghtfu length, and Is filled with charges
Of the grsvest chara ter. We give extract from
the compl lint, believing that IT contains the gst Of
the whoe:-
And the plaintiff further states that tho defendant
in further prosecution Of their Aforesaid unlawful aud
fraudulent Encouragement Of the affairs Of said com
pany, and misrepresentation Of the moneys, and
resources thereof have appo ned the defendaa Charles
Morgan the President OF said company IT, special agea
In the city Of New York that by tho terms OF said mp
pointmtnt the said Morgan has been allowed, aud has
received and Ia now receiving an esobtant salary and
enormous and uD~arrantab. commissions, a. . pre-
tended compensate the performance OF the dulles
OF snd sgency, amounting In the aggregate, as the
dred ttoupand dollar per annum. And tho plaintiff
AYERS that thoroughly competent and re-pontbls per
sons could at my time and can nov be found and
willing to perform oil the duties Of the aforesaid agency
fully and satisfactorily for less tkan tenth part Of
The sum now paid and allowed 10 tho defendant Morgan
And the plaintiff has been informed and believes that
the eriraysgant and wauAntabe salary and comnis.
80 n Aforesaid allowed and paid 10 the defendant
agency shared by him tn other Of the defo adAna
herein, directors in sad company.
And the plaintiff further stA,. that the said defend
ant Morgan by reason Of his position and interest," All
TO these Of the company neither ut pro,
per TO be appointed TO the aforesaid agency That
said Morgan In interested In steamships
which not, In any part, IN. property OF sai
pany and that In pursuance. Of the powers conferred
upon sad Morgan such sgest his aforesaid ship.
employed in the service Of the company such rates
he OF to pay AM charge and receive While
the shp' which are the property Of the company
M hut 1yad mil
such seasons when the ordinary receipts known 10
be insufficient to dsfray the srpsneh q running them.
Charges somewhat similar made against G.. X
Garrison, tho companys agent A. San Pfanes5o.
The bei lies In the above extract. The other
matters Of secondary Importance, 10 far ss the
interest OF ID. b. Allen In 'oncerned. II this move.
ment has been made for stock Jobbng purposes,
which We strongly suspect, II has been thus far
failure The Injunction granted reads "a folio ":
Upon the foregoing complaint Il L. ordered that he
defendnB show sauss befors ono ~ the jugs - this
Court 81 special terms In the Gty Hal u the city u
Sew York, On the Doth day ~ March At 10 o'clock A.
NJ Of that day ~ thereafter counsel ts
heard Why receiver shoud MT be appointed by The
Court To take posseion IL IN. property Accessory
Tnnsit Company d Eicangua during the psndeney ~
this suit IN accordance 9TH the prayer 81 he eompia
and why the Dnnoion therein prayed FIR shouh n,
be continued and the relief granted prayed for in sah
complaint aDd While and until The hearing and de-
It i ordered tina, u. defendant herein and each n
them, refrain from en,erEy into o. renewing any con
Tract with the fsfsrfAni e. X Gaftun The Defendant
Charles Morgan for the further smpnymsn' rsniiion
81 ths services o. sad Carbon Morgan either -
them, any their behalf b>haH q siihsr
Of them III. agents 81 the aid Accessory Transit C
pany, and from retaining receiving - appfopfiaunx
10 their uss. - the uss Of sithsr n the
aid defendant Any Of the pf0p~riy, funds
resouress OF securities ~ aid cumpany upgn
any account whatsoever and firm paying
curing the payment IN any manner Of any fur'ssr
~ money Tor and account, - any purcbass ~
s.snship behalf n sAli oDupany ami from isAulag
any further hare In the capital saek ~ said cSmyaBy
&c.. l<l. ~
other ~ further purehAts sale - fhars In hs pita
stock hereof and from ceiling NOR gagiug in
disposng Of the seamship ao- IA. propsrfy -
aid company. JOHN DUR
Stock KIshaage.
Fup4T, March It, 1888
5000 Va Vs.. 81 y 80 ,h' \ YcER e 20