, 1866-11-17
THE NEW YORK CENTRAL RAIL-
ROAD,
Meeting OF tho Directors ofthe Central
IsniIrond ut Albnuy-The NcyC Coa1-
binasions-The Question of ll.e Preal-
sferrr.

Meeting OF tho Directors ofthe Central
Railroad ut Albnuy-The NcyE Cor1- |
bina:ions-The Question of the Pfesl-
siency, &c4
ICo1esp poe dence Of the New York Herald.1
DE1ErA1 Iiorsk, A1nAsT. November ), 1851.
The Directors Of the New York Central
Railroad Company held another Ineetln., here
to-day, there being . full and thorough rep
rcsentative attendance. l. considerable
amount Of routine business was transacted,
as usual. but the chief subject OF consulta-
tion was the combinations bearing upon the
approaching election Of President in Decem-
ber. Mr.. Vice Prcs4dent r. II. Blatchford,
Of New York, presided, and 1t Is said ruled
some ofthe laughter elements of the board
with an unspari1g hand, and decidedly in
known that The coming controlling combina
tions will. beyond peridyenture, induce sew
csal marked changes in tho board, to which
rn1nor on tho street this morning that Ais.
Erastus Corning has been fixed upon as the
candidate of tho Western ltaifroud interests
can be credited, though that gentleman will
doubtless resume q large nieasurc Of his
former powerful influence In the affairs Of the
road. II Is ic1t that he was 1njustly dis
p1aced to make wny for Mr. Richmond, and
that some rcparation should be made to the
venerable rnilroader and fnancter-
There will now be no election Of President
/ ad interim, for tie reason TINT there is no ne
cessity for such action, and the regular cleo
| tion occurring carly next month, when the
| infuercc of The stockholders Mt large can be
| lelt. determines final postponement or the
choice until the regular designated day.
This determination las been unanimously
I arrived at.
TIE NEW COMBINATIONS.
The South Shore party, Or combination, OF
l which Mr. J. ". Keep is the representative
man, arc confident Of controlling the road.
! The express company interest and Mr. Corn
| iug appcar to have united with them. Mr.
VunIerliIt. instead OF aiming ut the absolute
control or the road, will now content him
self with retaining In the direction his
son-in-la law, Horace F. Clark, aud his gen
esal agent, J. Il. Banker. What confirms this
large number Of convertible bonds, prefers
to throw them on tic market at the present
high rites and realize the profit rather than
to hold control Of them.
PROBABLE CHANGES IN THE BOARD.
The changes in the direction Of the board
mattel. In Buffalo, S1f. VIM. G. Fargo vii
probably take the place as director, vacated
by the late Dean Richmond. Mr. Whitney
Of Rochester, who replaced Mr.. Gould, o
that city, viii probably be removed. eir
Alonzo c. Paige, Of Schenectady, and Liv
ingstou Spraker> Of Montgomery, will very
probably give way to new men. Mr.. Erastu
| corning will probably insist upon. super
scdiug Mr.. Henry q. Martin, and it Is sug
! gcstca will present his son. EFastns rofnlng
| Troy, and Charles II. Russell, Of New York
will, am assured. be forced to yield to sue
| cesso1s- Nathaniel ThayeE, Of Boston, VIII
personally holds, as we'll as represents,
f1rgc amount Of stock in New England, vii
undoubtedly be retained. As already init
mated, Messrs. Clark and Banker will hol
over. -.-.-.
TIE QUESTION or TIE PREslpESCT.
The utstion Of President Is more d1tlicul
T to solve. 11r. n. G. Fargo, Of Buffalo, wonl
undoubtedly be chosen gu account Of hl
!. practical knowledge and his situation j
! | connection with the West; but his large il
J | tetest In express companies is now by man
considered q disqualification. Mr. Chapiu, {
Massachusetts, President ofthe Western roac
and referred 10 in this connection In n
; despatch Of the S1st ultimo, will no
? accept that position. As to Mr. samm
Sloan, Of New York, in spite Of his concede
: qualifications, he will hare to encounter th
; ! decided and powerful hostility Of Comnt
t dorc Vanderbilt, who, having once remove
). him from the Hudson River road, will nsye
!, consent to his reappcarance as head OF tb
e Central. Two other names, therefore, So:
C ccst themselye-Ar. J. ". Keep himsel
Thoze knowledge Of railroad matter5
;. Mr. BoodY, formerly Of Rochester, now
New York, who IS q practical man Of laE=
experience, and entirely in the confidence
d the South Shore interest. It was NJ. Booc
= who, when the Wabash and Ohio Rallros
7. was utterly bankrupt, and when he himse
lost all his property, resigned
T. seat in Congress, lett his r..
il deuce in Rochester, and deTot'
l. his whole energies to completing a.
Of couippiug the road. md to such m admi
9, istration Of it's affairs rs enriched the almo
s. rnlned stockholders. But will Mr. Boot
re abandon bis residence In New York and Il
70 comparative ease which wealth has q
ii sured him to undertake at this time the
= mluistratIon Of so vast IN interest Wltho'
h compensation? The office Of Fresident
ID the Central road has always been az ansa a
aried one. Mr. Boody has this in his i1so =
~ that he i Republican, and Goyern9}F fe Eea
- ton, 1t is said, has intimatea that 7 tnls rus
is put under Republican control, ne nay
linquish his hostility to 1t and assent 10
a- | moderate increase Of passenger iafes;
Of There is contingency in which 'onn ' ::
Y ] Prnyn's name uay be brought ap, put en
"a IS . compromise candidate nc nas ne'
~ With the road from tho conmenceme4t, al
was indeed in the old Mohawk ann auds'
a. direction long before the conso,aatioa. ~ y
II Pruyn, who has just been elected 20 70
no eress, Is understood not to be candidate;
ed Much Of these speculations hare await
" the return from Europe Of nr. heep. :
in fore lis departure one Of the stock combi-
tons In Wall street presented MS "ue q