New-York daily tribune., 1858-12-09
TROM PHfL HDILPHI.f.
TRIAL or AiLIEoNE AND SEwgN1-CoNIE.r
BETWEEN FLORENCE AND RYAN--iRoy AND
COAL--THE READING R,ILROAD-noSEY FOR

fEOLI Du' O"L tcllf-lfh1fa--
PHnADELPHIA, Dee. L, lSJ3.
To the surprise OF our community, the loog-
DELAYED trial of Alhbone and Ne@hal!, for Goa
spiracy 70 defrsud the Bank o. PeDn.ylyapis,
cine on On Tuesday, before Judge Vhompson. rne
Court room vas crowded to suh Jcai.ol, and at one
time the reporters bad great Diff llty 10 6nding
room for pencil and paper. So many persons have
suffered by the prostration of this bank, that In
tense curiosity was excited among item 10 hs' q
sight of those who st1Id accused Of producing TIE
loss. This collected hundreds, to whom were
added great array Of witnesses, all the Directors
ard Cerk.-some fifty in number, the whole num-
bcr Of witnesses summoned being reported 8. 400.
Up TO this time the Directors and Clerks have no;
been all examined So far, the District Attorney
has sstoDlsted the community bg his kno1ledge Of
the intricate case bis skill, energy and readiness,
for be stands single handed against four able ls~
lawyers for The defendants who contest every inch
Of ground, arguing for hours, one after another,
and causing much evidence To be ruled out. The
Judge decides that az ii il an Indictment for con
spiracy, whatever evidence is offered ought 10 rs
such as viii connect the two defendants in the
came act, or tend 10 do SO. Hence, the cOnyersa-
tiOns of one not held IN the presence of the
other are mostly excluded. So far, no
conspiracy has been proved Newhall
was Director of the bank, having an
intimate acquaintance with AboDe, aud as
both had large money transactions with the bank,
the charge s that they conspred to defraud II, and
their intimacy is relied on as implying piracy.
Newhall bad immense dealings with the bank ~
selling 10 it aud purchasing exchange on England
But the bank js not shown To be the loser OF cent
by him. Thus far the prosecutors witnesses ac-
IL l..
legitimate, and the opinion begins 10 prevail that :
he has been strangely misunderstood, and that he
has been as much the dupe of Aloone as any ono
else suffering heavy pecunary loss also. In
portant as this trial is, our daily papers give only
the most imperfect sketches of IT. The Press
alone furnishes full and correct report, giving the
whole evidence together with the many acute
guarlties inteTpOsed by lawyers who seem To have
made the Courtroom regular sparrlng ground
All the Directors of the bank testify 10 Allbonc
having full power to discount and loan without
limit between Boards, and that during their term Of
flee they had fall confidence in his statements.
They also testify 10 their ignorance of many trans
actions constantly carried on by him. and prove !
generally that the whole management of the instltI-
tionwas in his hands Some of them remain 10 be- eX-
amintd who may possibly throw additional light on
the subject. he trial Will probably continue two
weeks. Meantime the stock of the bank has sunk
Ia twenty-five cents share. sick juror has
caused the trial to be postponed to Monday next.
The notice served on Tom Florence by his COM
Vettor. Major Ryan, ayOwing bls intention To con-
test his seat in the DeIt Congress, is one OF the
uglest documents the former has recently seen,
quite unwelcome as the demand Of q notary for
= note that may have unfortunately lain over see
inc that in this case the danger il that Tom will
he himself laid over. Florence claims to have
been elected by 33l majority, but Ryan says this
is not true, and that majority of ic0 was given
10 Ja nharues all kinds al trauds in the
voting, and i'll some cases that the election officers
Consprcd TO hold fraudulent election and to make
fraudulent returns aud that the; completed the
fraud by signing certificate which they knew t.
be false. He ssys these frauds were praciced in
four OUT of the FIVE Wards. If proved, they arc
quite sufficient to oust Florence indeed, if only
half proved they viii do quite as much. have
no doubt Ryan viii succeed. 1t was known be-
fore the polls opened that cheating TO be done,
al Ryan and bs friends were extremely vigllant
Mt eye-y precinct. florence's organs now init
mate that if Ryan fails to sustain his charges, he
must expect to answer bef0rssN jury; but If h.
succeeds, MI Buchanans last and only Congrs
sions prop in this region will be knocked from
der him. His hold on Berks County is already
gone, as Gen. Kem, just elected in place Of Clancy
Jones by 40 ma orty has never been aud is not
now Democrat, but is an old Henry Clay Wing
His election in Berks by such II majority is the
most remarkable incident of the political year, IA
strange an event hs would be Free SOer from
South Carolina.
Iron and coal are looking up and feeling stronger
in spite oi the continued warfare in official quarters
antained against them. 1t is said that iron
company al pbenixyilc which at this time last year
WAS suspended and idle, il now consuming 5000
tuns Of coal weekly. Other iron companies IN the
Reading Railroad route have resumed operations
WhOsc total consumption Of coal ls 1000 Nns
weekly, which al this time year ago weIe idle
Ihn.n facts ara fpnt nt h.ff.r hu
on the Reading Road another year. In Il few
months the railroad from Reading TO Allentown
viii b. finished and in operation This will COM
plete direct connection from New-fork TO Pitt--
burgb, over The New jersey Central Ia Easton thus
dvcrtipe freight and travel from tbe Penn.y lyanis
RGd through Philadelphia, causing il 10 pass over
the Lebanon Valley Road, which is now the prop
erty of the Reading Railroad Company. This
route is said to be many miles shorter than that by
way Of Philadelphia. II avoids the Camden and
Amboy altogether. and viii carry the large number
of cugranis who annually pass over the Pennsy
yania Railroad for the West.
I he fiscal year of the Reading Railroad foots up
very differently from WHIST its dlscOuragDg opening
led rs frienCs To fear. IL terminated with Novcm
Der, showing a total transportation of l,ji2,59l
tuns. against .109 sol the previous year or de-
hciency of only l67 900 ilns, in place ot O,000
which, at the opening OF the season, was confidently
anticipated. Such result from such year of
prostration in every branch OF business connected
with the rosd, establishes for II vitality not
e'ireed by any simsr enterprise. Shonld there be-
any moderate revival of business, IFS friends conf.
IDENTIFY claim that the next years traffic will amount
to l,1OO,OVO tuns. II cannot be denied however
that there has been, and now is, insane competi-
ton among al the coal-carrying companies TO
obtain, each for itself undue quantity Of busi.
ness, and that ircghts have been reduced in conse-
autIce 10 an uuTenuuerutlyr minimum. cGutin-