The New York herald., 1868-04-01
THE GREAT RAILROAD WAR.

THE GREAT RAILROAD WAR.
-~~~~~~~
Arrest of Jay Gould at Albany Yesterday
FInif Million Dollars Bail Required.
Yesterday morning she Drew faction IN the great
Erie Railway litigation was thrown into momentary
trepidation on the receipt Of teegraphc despatch
from Albany by Messrs. David d. and Dudley Field.
counsel to the Erie Railway Company. The willy
"exiles OF Erie had Industriously prevailed upon
the New Jersey reporters with whom they came
in contact TO believe that Jay Could, one OF
the expatriated directors, had started ON
the tran OF the "star OF empre,n and
was accordingly taking his way westward,
no |" with about S2OOo0O0 In hts fob to complete
arrangements with the Michigan Northern and.
Southern Indiana Railroad Company for the laying
OF the eighyseven miles OF broad gauge track from
Akron TO Toledo Ohio
The telegraphic message alluded to and which dis
PEELED so ingraciously this auspclous phantasy was
couched IN the following terse and monosyllabic
fOrm:-
ALBANY, March 81. 1865.
am Just arrested by the Sherif-returnable Satur-
day. This is In violation OF your agreement with
the Sheriff. Bail $500, ,000 JAY GOULD.
The company's counsel state that inasmuch as the
last attachment against Mr.. Gould, issued Monday
last by Judge Barnard, was made returnabe on sat
urday next, they agreed with the Sheriff Of this
county that Mr.. Gould should be present at that
time, and did not expect, therefore, that he would
be mOlested. They are furthermore confident that
Sheriff O'Bren took no part in what appears to be,
an attempt to create annoyance and that the Sheriff
or Albany county has taken this action in
ignorance of the facts. The directors yesterday tee
graphed to wealthy men at Albany requesting them
TO furnish the required bail and Mr.. Gould ist
doubtless now in the enjoyment OF the conditions
life liberty az the pursuit of happiness.
ocSG Many pc! @ ns' however have been unable 20
director should be unfamiliar with the ordinary
routes OF travel as to select one which necessarily
led him across lnterdcted territory. And in this I.
connection some have been found who have insinu-
ated that Mr.. Gould had merely stopped at the State
the Senate bin to legalize the new issues of stock
will soon be brought for consideration. Honi soK
Qut mai y penSe.
Particulars of the Arrest of MIR. GOuid-The
Senate Committee Investigating the Affairs &.
Of the Erie Road to Report To-Day.
ALBANY, March 81, 1868.
Jay Could one OF the directors OF the Erie Rail-
way Company, arrived In this city on Monday and
took rooms at the DeaYan House. A knowledge Of
the fact was communicated to interested parties In
New York, and an application was made to Judge
Barnard for the issuance OF writ to Sheriff
Parr, OF Albany county, commanding him to
forthwith arrest Mr. Gould and hold him to bail In
the sum OF 100000 for his appearance. The writ
was received by Sheriff Parr the arrival Of the
one O'Clock train yesterday from New York, and was
served about three O'Clock at the rooms Of Mr. Gould,
who promptly gave bail in the required amount,
Erastus Corning justifying his surety. Mr.. Gould
was present in the Assembly chamber last night.
He Is required to appear and answer to the writ on
Saturday next
the affairs OF the Erie Railroad Company Will report
tomorrow morning, Messrs Pierce, Bradley and
action G of % Drew and W the directors and Messrs. @
Chapman and Humphrey recommending legislation 10
encourage a broad gauge line from New York tn
Chicago egaizing the ten millions Of stock recently
issued by tho Erie directors, and prohibiting di-
rectors Of the Erie Road from being directors N the
panies, and rfce rersa.
The Guard Withdrawn from the Jersey,
Camp-Annirs mt Headquarters.
The passage OF the bill In the New Jersey Legts-
lature making the Erie Railroad Company Of the
cooperative bodies OF that Slate has impaired such
feeling Of security to the directors that was decided
to dispense with the special force at Tayors Hotel.
and 1t was accordingly withdrawn yesterday morn
ing The business OF the road continues to be trans
acted in the hotel and The question of opening an
edifce in Jersey City has not been definitely settled
1t is expected that the meeting OF directors,
on Saturday will be held at the hotel.
when general plan for the future.
transaction OF business will be presented.
Whatever hopes might have been entertained that
Daniel Drew would surrender have been dlssIpated
rectors have no apprehension OF violence from out
side roughs any more than the insurance banking
attended the contest hitherto perceptiby declining
very few visitors presenting themselves at the camp.
except on business" If the bill before the
would shrould themselves in calm Indifference as
to the legal sSrInshng in New York. Everything,
they consider con would then 20 on smoothly and be-
tracts for the construction OF the broad gauge will
sealed, and with them the defeat of the monopoly.
The general impression now Is that Drew has the.
best OF the fight, and that he will either eventually
win or matters will remain In their present condi
ton, at least I'LL the next election. There
be poor chance OF compromise. The directors are
50 little prepared for 1t that any such proposi-
ton, though offered In a friendly SPIRIT
woud he ascribed TO dsordcred Imagination.
The Drew party, though neither jubani nor defiant,
have manifested an unwavering confidence In their
ultimate triumph. Reverses with them beget silence.
and thoughtfuness, but not dependence. They feel
Of success Mr.. Fisk, who appears 10 conduc. the
tire business within doors, maintains load which,
under ordinary circumstances, appears insupport-
able and yet he never fags but discusses. with.
visitors In the most cheerful mood while surrounded
with heap OF letters and teleeraphc dispatches.
Mr. Drew passes his time In conversation with drec-
tors, officers o. the road some OF the Wall street
cliques: or he may be seen pacing up and down the.
results. During the first week he was inva.
riably gloomy bui he appears Lately to have
caught glance o: the bright side OF the picture Mr..
Eldrdge is ever ON the wing one day n'rrenon. an
other In Jersey CITY, and where he " located the
organizing or making combinations for future pur-
poses, and IL as confident Of results IS though he
were gifted with prophecy.
The arrcs, Of Jay Gould In Albany has disturbed
the repose OF the Jersey refugees, though they
TO pe little concerned over II. The arrest OF any
member outside the trio Drew. Fisk, and Eldridge,
will have but little erect on the hnal result All that
IL worth se,zing, whether individuals documents,
Il secure In Jersey.
A copy OF the new bill was received from Trenton
yesterday by the President.
KaldcDbers's Celebrated Meerschaum Pipes
Holders Repairing, bOiiibg. Amters kc. No John 10
stairs, % Wal and III Broadway
Phalou's "Flor de Nayo.'>-The Nc~, F~,r.
f,rne