New-York daily tribune., 1858-12-15

ri. .nbiso. 'rrOr. rs Tast interfere sha .'s', pre-
r. hr,-n sl ;arr.h rooi q 'ai' some he
nius'd ~ Cour,s- u"n t'- Tfsfcr thn MS 1o'
ton ,h- would him .tr-us,b rse r-.l, u the
showed the rv,i-- Re received only aou, ,wsn,
hvs uare of thirteen ,hou,ni votes 6ay- b-eu frs
ru,n;y -ec,d % Of bu hsVs never had occ.-ion
rn Tie par.led 'wsrd by the Ga"l and Ch
Railroad Conpai nor Of 9ihsI erIoss,on nor Do
Neither Mr. TurI-, W. Loou. nor Nj NJ Alpine
snow either Of The has voted .oG the lew ps;
nor 90 row ror 'd ve' , ' o''T
an equally corfd.n, ,bs; Injured them ~os, hey
,as.pc4 ,hrrn IN eir support Of known Meal
pns policy have Dot oppossd them on' have oPpo'eda
roli which b.l eyed not ouy eNtrsvssaat bu, cruelty
~ n., fde khoders thk there shouts be much
ore .rop in the Of the Gseus Rs1,ad and
,b., an should the Corporation Tho ayors
sy of those wild outsde eJtrps the expenses Of which
onsb, 10 b. borne by those " no favor them
Asth, Gssus .d Chicago Union Railroad !, generally sc,
no be TIE ry best OF our We,tein roso ana
,bini The bs in the trou when economically conducted the
WHO d,pcse. m stock and decreases its dividends no.
only pjurs all other roads, eui a'courssrs psIs9n. TON
would BE- inclined 70 d. 50 J. reg r-' and should
have ECONOMICS. .nd eor.evsvs so:rd I ~ n .so ons
vose thereby n"nn'erven'ion or a' his
ie kichs great dust in efhs them hoping ts os
plant, viz: depreciation OF their ock and the os oi i"'
e,ioend under Boad which bis word the supreme NV
If have assignee the let him. whose business Is
10 Iuow assign right Up % the time OF his cnn' INTO
tLe Board stock far above often shove N ana the
bd Two faithful riend in the Board who
very and retired merchants Of our city, pfoSeta 70.
th- ~ economy And prudence They ~.t.
men and made cce hind Of home aod 10 "a = eA,-
s the whole II their time sraui,ou.ly the Board And
In n, head. records plans and Expenses OF the
Comrsny. So pros abe had they made u kosd ana 81
were prospects Shs, they were fast wihtra"ing ihs am y.
eau tom oter inv, nsnts sud eoncens,ing them here "
tie of their removal they owned seout f7oV 'ne 'ot
Prcr the election Of Nr McApne there Was no con'r'
shout Directors Even in Of vacancy was wei un
ders,ocd ofr after election who would b. cnS'ep ,5@rs
being % OUTSIDE schemes oi spt eus'on as a. p'e'h "a &C. E
has any nrsreto the harmony OF TIE Board Few
attempted The election and ba e proxies
here those. generally were directed to the once
Mess Mo'eey and Cord sHw Of no opposIK2 % s,sg
Hemp. George Smith then Directors hsd heard OF no
position them had heard Of none and ef not attend the
sbe one W, re- used 10 In them ard Mr Alpine
ing $500 sslsiy with only SEQ sock aod ms ,ona
NE above IN auabe sentlemen the 6oard with heir
$500 Of stock Ard Mr. MeaPine only De- Ss.s1ed 1ss
Board. Tfe'e men VINO could hays been zen e -. OUT
.uough hm-h second vote into the Board
ttose geneu out who we're 50 Proyrr0a tor
MeAine h.. Controlled the road in every respect .ai tae
socl ha. fallen ard dividends decreased and nov ths, the
DIVIDENDS have gone to q cent the oekhodesss
akd 10 g. upon the cost Of bridge 10 whch
he McApL. sod all his supporters manirs, so deep
srapcisl .enaon In Il, Tue McAphe party IN the Board
representing than Il o Of stock pretend 20 e. incisua
ttn because they cannot tax capital OF s"o@o tor
structure, which, say ean premature; and az least
csnno, cae heir motives in such iaa,fnsh n when
10 Injured more :Asn four tines a. much a. they are And
but so BY defeat Of all the schemes Of he sane msn to
use tie rnesus Of Corporation in outside eterPrses
In Ss to % ns % @ @Ss Caf S ks Which @ IA are pub
shtd in The Chicago Deroca arise from hostility 70
the derIecson q stock snd loss Of dvidetd- d.
his CID b. Ws,e Works aud makes the charge that
prosiine the Works poitcsl purposes a Of which he
knows For tier, IN which the Board
Sf Be so be so sI O Ms py + and s ID the
.rocn o the Water Work., they wee as IL The n,na1.
Mr. McApine concerning whose policy there was mnch DIS
cusn among eArerene.d men oan much excite ea ,n.
Seize, Conmi,,ee Wa NJ aniuous in reporting charges
The rerort was aceep.ed on motion Of the gTe'en'
Mayor tflon. Johr Haines) then an Alderman Me-sr'
PAID as Chief En eineer portion Of the wors fell down
esyed n ether Poron was found Necessary 70 t.se
the enA plans. AM At great expense new board W"
elected here tb matter ended In this auai Ias Demo
,iced with tho taxpayer but was from ~ oppo;uoo
PenonsJ politically to ary ons but because o the policy
hs. been SINCE Known a. tue NJ Alpine Board" 4. weI
sa s mat Ss ne wss snG earta my dye1ds to punish me
teeeue ny psPsT sided with the asaiS M ms %
policy because did no, apprve hi. in Water
Works Ioppo,e his Railroad policy oesau,e 81 The 700 s'ss.
the Board controlled by him. and their value upder tue previous
Boards after making allowance for the difference
u the monetary condition Of the country during he t peroi
lave wsn this upaiion Sir Dot 80 much to e"nt-
dict the urepesen,a,i'ps Of Mr. hcsPne {" to notify the
'us stockholders scattered about the country who may be
ed by larger circulation d my relation 70 tue Co
Shown BY the stock books aud 70 INFORM them that
shall that retcn until after the election for Drec
june None Of these hoders should sacrifice their
stock II the conservative and soy al
by the minority Of the Board shs be adopted
,hsl IN al probability neIea.e my stock At any rate IN
idends the oourtry But man " h only sffe Of stock
utro capital of nearly millions and is receive
s80c per for SONG % little Mr. Nc Aplne does
shall prefer 10 invest where else. The almost
snous yotL down of the Bridge scheme shows how the
feel aid Is guaranty that all will be right in June
next
WIKI intention Of troubling New York paper, further
the misrs of Mr. McApDe shall else
v continue usual to such will ia all
tend TO The of making efforts
great esern corporations for outside spuaors
hereby only wroDgug innocent hbOders
ptal stern uyes n.s x
lkieago Dec. 7, 1853. JOHN W. rro,rr,