The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-18
NEW YORK HERALD, SUNDAY, APRIL Is, 1858.


The rerTo Hauts and AsoC. cod ths Cleveland sad 10
beoo RaiIrcsd oon,psnba raj c1ts W. III ssme bn'i'og
~ tbs company and It 4 cyu moo ,actce To- .cn
company " 'eod interest ter ~ tina others N
pn,eo Inn, S0D sucn s,s @ w. ~se f,, W."
Kern ard rem the TIRE Hauts sno' Ai'co ad 70 v,ich
NJ JeIvs ref.rs, oil Of which ~ resuafed Sh
Sk.r "spusn wsye advanced N the S"ye Ssae, c,m.
PAM ~ ,st4, tpa ippSsied 10 its s cs by M o. 1000
lu''oO Il the bro aanpse1 wbep MI hvss wa, pre-
TIC D. MADE BY n csrrruites OF vb'ch he Sst aslor
800 Of which rho sams eoWN @ sssss
En1 ias s .oa y r.lsy r.a' Tor III n''
With Nctn Of st,ts 90 zoe onousc 3 thus made
I.,vis in N.t ali - .puafns xer sXecotaf oy ~
vephtt nis comasay so''sga ~ ,as a,srs
Jervis present, sutnHr,z Il the sac 70 I'd
ne Hsute company Of suodry aots Of deo't
ana Mrs-sppi read. snd Of Claim for s2,Soo
held spapst the 0s1sgo ana lrdsna "'srsros1
ocnpary During all ths time Mr. 3er9is va drsosrr
Of 'he sre Houte rosd ard ss sucf hss name sov''s
ppr the by that company upon tlvs fnr
ohsio. hcmpt teeser'e, b. pretended thas ne .otsso
these irsuaS and tn.re ~as oo otrer 10 ve'aoo
which he cor aim TIA, here WAS any sum due" from
he r~7e Bout. coIupssy
Detr we'd Of facts jus',ey a-s~n,s. Mr. Jarvis IL
hr the more Tic words acd be spvesis "6oanc'er
irgr tu,Ougb ms article loosely u h engaEei 10
mstu, az .stsGste Il remlnds ore of uutuly nov,
wh, powel"e 40 crafty hs malice, treats 70 SAFE
dis'arco spd employs bms"f IN mssiaa np faces Re
iteat that Only por"p Of the .xpeOdnures Tor o'o
"
hat 'cap sbou ststc the bs,sce' IT the espen inre
fs sops a. y BY DoepdO be 1ould be coi'd, W nce
cuvaie 10 CharP' and vet toe tx hardly dry npn me
crupsry report issped last mon'h signed hun
scent, aut emracips bis statement as Chief engineer,
who, furr hes The eypianst,0o
As chief co 81. Ger b. says that "tbe amount a-nsy
par for the ~ors about fcuaI6 ahaE mi ton o. dollars
beo0 What 90 he books % the general cilce"
The directors IN their repy, Say % mako 10 tps tif
ference from the q books follows
10 sept /, 1871 -. ...'. s,,o54553 80
Ncen Der, 1890, TO sep. I, .Sh7 34053l 06
Interest counts 4 and BROKERAGE from
1870 t. Dec 81, 1897 Including
ysio uron 'opds issued for cncstoc ion II
The various H es Until they were s.vrray
ooepe5 for .........,......, 1920 900 So
Steamboat cbsyiers .......... ........ l72,56S so
Snodry snues, nciuflpz part expenses ri
New York office, saisfies and misceliioe-
Gus II. ms during seven years ....... 5f7 a02 63
Total. ............... ......... ts'3,gsb 81
He states that wSsn he ert tho prasiescg IN stock
and deb, gu, SIS Oco oCo add sar5 AID
halt they Iose tn SIS cro,cnC
The cfmpaDy's first report made after Mr. Jervis eft
the Presidency, aied the 2ih CT 0snoer 1855 dust Ave
days beoys Sft country ta,ed the STOCK aod
OF all kinds az 24S the iss Of August preceding
On the .7,b Of October, 555, my coree o she anv
finances terminated, and his never no IN Te-ume tn
pext tePrt bto'get The cunts up n 90 90 the
lat OF Nay, 1887 O1t six days a'ter had resumed my
official eobD.c ioD With the conpioy dceco, } ,ho-
showing an ioors Of about 81 500 goo h, Intervening
t=tp'y ore mtn tts
purrg asary all that time IS in Eu-oDe having as
Mt JaTv1s SHOWS. 10 cU0Oec1pu with controi
over the coDpsDy's operations 6ere than the tn4
moon. lprug the same perioi yr Wilkinson was Pr 81
otrt Mr. H'psh Secretary MIR Ford assistant an acting
Treasurer, rih the ex;-p 90 OF about three 10 nths
when he disabled by sickness from dsshsrgns The
6n'ies, and hey were peiorm'd ny Sir = sha Ltco.
field entertain ooubt tnlt the geutlcmon ctl &C.
count for every shilling IA oossod toroug, bspos
6u'i toe loe 10 qnesuoo Bot Q, % ,ropria.e las
trao of NJ. Jarvts' ide u far,es I, tals ty,
couu ali these expen fra Srp1g
he was no' President saa as sboac be held rcspol al
be Tor ihen, when bad UoiaIg Ia tbe world - 90 win
them
Not In self def,nce-for sc,rn notice xith such
vies IN !rsIDuaton which no mao IL c1DvefL iptJ
charge aid iatker-bot in jasiiec g suosrfin te,
ny astociaies ana ny snccesSors ia he aimusstra
I'D OF the compapy's nnan,ea, proper o. ZAP
h.', rom tbe compaIys earliest history tie drectDs
have csuseo state and ~ SENATE eSaDoaont - bo
made, ~ a committee of their rum7sr, Of Al inc
tooks ard acc, utts iap, Ia the treasurer on &c.
No one rs psu"r awe OF tbs fa0t than Gr.
JeTvs wbo, in bis repcr, IN July 1865, aud ls,r the
bapv.u of atne items ~bcb cops,uts bis bill of
compliant, re eis ~ thp act an that n all
The Of ht se eXGma a,Ls big Genoofraet the
eurscy anc he gerest htey OF Tie &C QUOTE aai BOOKS
rbese exanhbatio3s continued, by my reaaess
6cTu 10 be moucrt sh,L ie toe fnp.nys ssrvco 10
Occbev 1888, me 81 of;s O" the sevtrll com does
v'rHyug Nc no.kz &C aocouLs 70 Be fOasd thu
mIaoy flee
Bi, osg inquire what tile has Mr. Jervis to ak so
much about other peoples aScOopisi CJnccliog him
boossy purEos- N AL bic oear K si'h the company
do net CONSIDER bin soy hooott than ,ry
oDe OF the Ober directors Vbo sat oald TIE uact
ara ~ VI IN October, lh65 sbsp lett d. not ,nere
foe, recognise In him any rght FOR tIDso
~, a ~
rarity thar i N be oruced Others All a.
orosror mistake in his sjest es;ra,a t1an h
row he sup7cses tost be occno'ss vosiol sbch isd
lies hiD IN ceane OFT ioot cfimuatc susDcJp
against nihr ,r ~, pasi or present. " the 3any.
iho rnsDci' ofbceTs, whrse sole prisa 90 sas ~
paw shi, nvhs ~ oaiy v,caucn 10 Contract deS,s Ia
all 9Th su'etes for tue rlthsi Ga
ccs'se Of their cu,s; ans, air ady state h@r a.
cour's have from ue 20 mo bcco oxam,oed ao andi,ea
by authority @; the Board Mr. Jervis adg thai milons
81 collars have orep tanolsd nv nm Cnef Eigpear.
gave no b,nns 70 20 October, lshe, his 9Th
sha d k,a.. n
hos~ ~ho nsv- s.ccer;ed me that they remuo PEI
ad slco. he talk about the sbch nas teAss.l
through" hs hands as " were Ierta6oi "a H.
wbue as ,tttho comlan' only moss tho anoaat hs has
received ano relies upoo bib-tsamcnt unaudrd fJr me
amouns o. has oisoursgd The compauys woks 1sfs
proDJ ced coppts moths ago; ~ as rcpJr
uai the 'cohstuctoD QUOT n closed" so1 yet
Bosro ID the very report s, Dc that fact commaot uon
the coup cate AID sbou4ous say" 10 sb Gu the n.
have been kept Enicn t..y ,ay h.go
been undr ctarre tbs Chief Eogneer. 'ia BOOKS under
bis sxrllsve sv9tIysto, rendefLs ia, accolo,s NJ
thsy wcr. afJsged foI1 ude 10 ume - the Sew York
oioo rbsso returns" they add "a, re- sameiie,e- de-
lay ed for pg period rendering N lie fcr tue
OF pafi'suisr oair ADo there T. past Of tie
exbcu srofe or construction which 81 b. ore.
seo'eo 70 the New Yors oisce ~ b. charged - taa,
account"
OF tee op,'re orrauzsiou Of this company. The 10
gincsr Department s III. only 600 which has dk5uuo1
MIL pts " hC q check without eettctnert rayirg
for graz ted tust vnorevcr III Gns'iy sndcd
thsy IN be io1nc 70 be substantially oorrc, cay th1
Until thai event happens, all b. good
Mr. Jervs - soslesd Ms indcfsmDse and uoohara
aoinad VerSsDr
hr Jerse says that must have oeen faly re
ten N past' that I'VE cntertsted of..
rett o. business T" an happy n fad one state
nen' the truth Of shich freely admit: FOE inst
"thres years az ," this mooth ~han Ihs 3DArd "a ie
change the tfce of President Of tue ANY,
hssug tTied NJ Jcrys for sowo years part ~
AT s.icn IN wa'cn occurred, he Gays nc "e)u
t'd.T,d msen def s,c5 " rhst vas Toe prrciae dae
~hyo br eyes were op,nei no 10 ina, NO he been
"snx'ous 70 think we'll OF me, AMI hal Jtssoosy
"vciec ioT me" Stree ibcn he would for tie world
o(usnt sucu cDNmtyi
] not asue t1si, d. ring intercourse OF sevsu
yosfs, ar uukwd vO-d ever passcd betveea NC Jcr-
vie sDd myserf, until hs az, without provocailon
10 Greg my pame into the oObtroeefsy whon he Is
vnpisg against the Board OF Directors. take the
public 60 vaTsss usi haze o3icd entroly se.f
oe.ebce. sbd uniy wbcn deceit self reepcc urohou
cd ny rtlnaib'g srni The p7siuobs Fhich VI iurvts
a. ms salt occppy TE1iiaiy different lie IL can
CGsgt eager catvsfs for eec'iua W CT
such Cstucutn. Never having been chosen q drccDr
txcepd oy unst uOus vote, an1 never NaviGg heid
executive ofnoe in the oonpany by my procurement