New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-07-02

III.
chants Exchange. In the list will be found s75 200
Virginia State Bonds, hypotbecated.
The business of the Clearing House was sly 1898 O1o
twill be remembered that in the last Acnaal Report
Of The New-York and New Haven Railroad Co., Rob
ert Schuyler was charged with h9sing committed
various frauds which had not be.Ge been discovered,
and which charges caused new surprise to those who
bad faith in him before the exposure of his issues
We annex O letter from Mr.. Schuyler which came by
the last steamer, denying the truth OF these charges
1t s we believe, the only communication he has ever
addressed TO the public upon the subject OF his Affairs
and the only positive notice OF bis existence which lie
public have had since his disappearance. 1t Is some
what curious that this communication should eppsar
upon the anniversary Of his Ascending
TO he Editor Of The y. y. Tribune.
SIR: The TRIBUNE Of nth of May last contains a
report of the proceedings OF the Annual Meeting Of the
stockholders Of the New-York and New-Hayen Rail
road Company 1t appears that the President stated
that the Company hsd sustained total cash loss Of
capital of sl3 527 By the various operations set forth
in the Directors report escribed to me. Ii hal
strength to do so should examine the details of these
statements and show you, believe, that none Of
item are founded in facts and that the conclusion is
erroneous and untrue, and that loss of cash capital
has been the consequence of any act of mine- But
am only able at present to point ont single ror,
which however, is OF greater amount than the whole
alleged loss, and which, on correction, at
places the balance on the other side. The &c
count of r. 4 &. l. ). is charged by the Treasurer
en- 2lst September, 1853, for 5000 shares Harlem
preferred stock sl69 200, for which that stock
was sod to them, and for which they agreed 10 reEe
IL, - aoft bo La
Oh which payment had been originally made for the
stock No other provision made for these bon Is,
and on the lst October and subsequently presenta
tion all of them amountingto s6O, oO0 taken up
by the firm, partly in cash about 100000 and the
remainder by exchanging with the holders other bonds
of the Company belonging to the firm. After the
last bond was paid, believe that the amount OF the
sale was abuse and the balance due paid to the
Company in cash or its equivalent. The Construc-
ton Books alone contained the amounts OF the Stock
and bonds, and should also show the particulars Of
the sale and settlements and have no doubt they do
so; and if they 10 not the facts are substantial as
state them. 1t follows then, either that the Treasu
re s debit should not have been made, that the
President in combining the two books and making re-
entries, for the purpose of correcting errors, should
have credited the account of r. 4 c. l.. S. with full
payment for the Stock sl69,2OO, whereby the figures
which he states to result in balance against them Of
SEQ 300 would show balance OF $50, 900 in their IA
vor If the other items were correct which Is not
admitted make no comment on these errors, but
pr sumo them TO have been unintentional. Though
did not intend to trouble you as to the other charges,
beg to say to the allegation that SO l56 were paid
to me for specific purposes and not applied as IN
intended, that If it is intended 10 assert that
these sums were directly or indirectly ap-
Piled to my own use, that after most careful self
examination, do not remember single case OF the
kind, nor that any person ever applied to me or di-
rectly through any else for the payment OF any
intended appropriation not paid over Ii is meant
that ttere are no vouchers to shew the payments,
though the amount strikes me as greater than sup
posed yet is true that many payments in the nature
Of secret service were made, TO which no voucher
could be required / believe, however, that the Di-
recors always had general knowledge of these pay
ments and deemed them necessary. am also charged
with IS 0OO drawn from the earnings of the road for
Norwalk damages. l am confident that placed with
the Treasurer vouchers for every draft upon him, ex-
cept for amounts paid with the knowledge and ep-
prevail Of the Directors counsel fees OF conden-
tiai character 10 gentlemen of standing and influence,
which can be sheWn believe, if necessary, Oy hers
than myself-and except also the sum OF $780, drawn
for lost baggage expenses and fees waiting payment
when left my Office, and presume not paid over
hope you viii publish this statement, which Ihave
prepared under great NEUTRALITY-SUSPICIOUS. documents
and upon your report alone-in the greatest debility
of body, and in broken spirit, but with clear reco
lec:ions ROBERT SCHUYLER.
The receipts of the Milwaukee and Mississippi Rail
road Company for the first eighteen working days Of
June this year compare with the same time last year
as follows