, 1869-03-26
4 REMARKABLE HISTORY,
HIS E1is VGllroAd Company A. an
Aud&ctous aad UAsc4upuluux PoIl i.

u LIE Nul9 u Operating tlE IU4N. AL hlp |
directors participated 1t tho monthly meet
nga Of the board, and the corporation WAS
Without participation or power In tbs Judi
:ial or legislative departments Of the State.
! Elapce win tzAcA The. rapid steps by which
bis company aud its. present managers have
ldvanced to = position that should arreat
public attention.
j. a lew unknown Wall street stock Speech
ators cnmbired. purchased proxies, got
control Of The last October election. turned
Directors and u6urped supreme authosity.
2. Gould, Fitk, And Lana suddenly ap- |
peared as having absolute power in the Board
ol Directors. sce erncd the other Directors, re.
fused them Ill particiuation h the businesa
Of the eonpanT, deellnedto have Any meet
fngs ot tha Board Of Directors; and since
have had none. This cJusummated the |
revolution In tho botrd, aud no Director has
askefted his r4ghts, and eAch Of the excluded
Directors makes his Justification by pleading
lis want Of knowledge Of ThAt has been
board has been practically aunthilated and
the usurpAtirn mAde complete.
8. The ufufpers then Issued mora than
twenty millions Of new stock secretly, sold
It, got the money for it, did whas they pleased
with the money, and deacd the stockholders.
The latter resorled TO the coutts- There
they were confronted by the Erie managers,
who got one Of their own lumber made Re-
ceiver. In that WAY the door of redress was
c'osed aenlnst the Stockholders, until Judge
Thar ths E.;s ,rsnsrsrs .1,tn, = thsr 49, u.
eeire, ' NJ 81 va nceaed ana aesin thev " xnc.
cncdsd ena JnJTn Co-do1n dec,TsJ ,ha-.
should b. no Receiver, and there is none aud
tbus tho stockholders wele laid pEostratc be-
.bn,s., r. ~ Rsret], III ~" W. 1.a-.t. ana,,
1s. the ~ coronest ~ H. in5,ci,,V 1u~"
4. The same power, In the meantime, had
ruled over Wall htfeet, putting up and put
n1se.nr. 10 7tha rss or fha r.et snms nf
P.ss, ~ ~ t aeo ~ .ue 49, ,ais soo - ~ T..
LIZA @ y 1hs rrestton % .td asle o9 ~. ~ r. nil.
jons ~ ,aw 10y rhs1srar conyar5.nt ~ II
Viii strret wa nat ntterIv snhdncd. it wss
Val ;t "u 's uus H..er.4 eauuleu' s, ~
oIIs .is, ~ ~ 1!,s,o haess. r,rnd ur,tnc-
~, .I ~ ..sa oua ~ - az ~
a saun W.! ~ 9, s-esuE Vet 49, ~ ..Si'a wv 01A
anu ~ LII ~ - ;h"s oe r..sa,rr, Aha
y. a. .'s teau.s e sa
II e::o ,fnfe- n71<T1MNNaNIuu ouuoIn ~
!: T. Tykr Il. Il ! y.sst nasrsn, Appiyea,ras .na ~,
No u Eat Maalsoass. u: I. 0Ho' r1rt IN
-.-~, ~: s.sf.t ~ 1Yv3Ata.J.
avenue, Whlie, to1 sna aiss lnne; ny foeuus
~ ns,,G noI nad eht ~ ~ ~ ~ cnnsn1 ncrensed
tne lpatAE ueos - 1ns ~ ~. nt... ~
9. Ibe Attorney Genersl sltn,I q ING ssa!e - =
oHG tsme tnueatsa t w. sns .e.e pas spoes s ~ ~
sehts! !auec; W. sus n7" y, =. ~ ~
tent elsewn ntle' souttisu hutt ~ sne nAuo ~,
oa t .Ge Rniae E Rasca1, -, ~ hsnE. ~ ,hs
| Et. E-io.s 49, a. ho.ne ~
En- quehanns ss hs1m!ess : g r. tue ooneS o.
LES Us ,aths. I'M r;e'oEr ~ LAG S1'9'
| oste 1t ~ enots5 se3a ~, s;,, r,c+,-, ao-
hue asAs ~. Iu CO. ~ n ~ ,iet.,.a rh9.
s.aan,e 49, Wy Ssatt a. aaI,,, 80 ~ -
aM 1Ge h1 .a.,at1rs r ~ cornmis,ee ~ snc. y.
aneds5 ~. III In. ~. ~ dse1n.tpS mat detaiis %
enough 70 place beyond question tTo no1 'aen
uist2 snaL enosMo@ sulns =. ..aay ,nsy ~. mI.o
Sa,la,, ~ .nd ,enana tnai ~. 1eg;.,st,ys nower
T. ne.st..a. ~ ,rIiss.a,t ,nf sannof ~ the
80 y. -, sn...ntso.'ts-th 49,
lAv now stanes, PROBE ths cofEuptlon 70 tne
posa halon. 'Ponsioii*5 aa3 s0'AN "n'4
tnry oe!ops' 49,.
oM a. ntht,m +hat wi1 ,nri.h :,
~. ~ r,a.t ~ 'a,,r. on.+,n,
ms nsnInations aud shn.ee IN rornor.tn ~, MN
lue nsa.paaonss &uq ta;a aoases N eopos. man @
TSna thoas tSrs. tqs sr .bn ~. Aas ~ ~
auus raose ,,rtS =; neu .t ~ '1s,
.htnh ~ ,ss =. -t.ne - Satr .sto aI.ot
MtauHs *u G eiA ooosue PLY &C neie u3!s
snouSa, 20 imaeos, sna ae ~nn 9, oo tnau @ 1ayl:t
3astny, a5e o'sf r. !nesr r, ,e'oTp -;
fcsa, tns stoc.n9!ueis H zig Soulu Oh ~
en!' 'ne Atiorne} 9eaesA1 auo toe AegHla
ents, p., MI: :, m. .,, t,., +, -. v,a.
, a..s bat - ta!s ~ n9s AZ s1s.o yes = woe e
ne'o " eontnati1o' thto nnos9sr .s u soso
anie Po"et ~ ta1s eolpota'lon 70 eonanel
tnst n..u :. sue "'Ie eEun y. o.a's pon.1G'
tbs state.
1he plans o1 the hral victory hava Ion
: been lRid+ and the triumph ceft11ny
those Threatened are not aroused.
9he pnrty that clecfed The Governor las
; fan b. 'hs Sert5a Esilroad coapsny. u
1 pIn ~ ioaG Ns SuuP1ns,e 5ne nsuaS !,
: Rlvef hanfoaa company, ~ inli sSmpatn
Win II, and hRs majority OF tho 0tne
{ to the others, even usdeI otd,uafy man.g,
I ment, would be dangerous enough, but Il
y copsuun nticn cow threatened IS yastl
i more dangerous.
= made = foot ball In the hands Of = dcsperA
- set Of fttcck:jobters, 1t also becsmo the Ill
= and the treasury OF \ political party; II
:, measures were inaug1raatd md hare aius
~ been steadily pursued, which have mst
= !, this corporation new aud gigantic po{Iie
- poteeT-a threatening AID profile source
- corruption, disturbance aud danger In Il
q great arena Of party politics.
~ II bltrduess. ht'bes and retalners ha'
u thus far prevented the party leaders be
., people In ignorance, they have not prevent
"a faRacious and high-toned men ut a ditltu
ae from seeing az proclalmlDg, If NOT the rea
.n n ~, at least tine possibility Of the danger.
" An article IN the North .inerseaa Reui
VI VI tor January last, written By Charles Fan
- Adams, IT,, contains the following stttkt
= passage:
o. "rte .poils Of victory srs ].rge enough
r resdy, and few thou ehtsal rtn can doubt =
y What .on:a b nc sesalt !! p.liueal 1toto!7 {
u, - VIZ poMsf ans ptuonsze 20 sne1 y q 4,
~ cstt.rs =, ,hs ~n.s -o-T1ns ~ ~ Tmm"1V =,
he k1ie liz Ia baa, vtTy bad. IN ii flnd -
&c however. ttey s7e 70: The s.me, Imagine
q Etis and Tamrany rsnKs relea into ons
tsIned !oose On ths ne!e a. q! 20 !re*; sna ~ the
us i.ld 2 e'a'e oH1e3'n'' q VII 20 n
II 'IS s ...,.,,a. ~ r,
Il Ihe f1st power ana patronage OK II
go many kno"n. y naoe d2aMAo 1oVsln
Cd snd barra5a sna Isdooto snaaes, a ana z z
. - 1EnJs 1EAnaJUts ~ "1 I S..a,s s0a p-.,ja.
or Cham esrlaio, md seyneus - f1s.aet t3esl
ny canaiaa16 md eonttoia .a1s saty snso.n.e
Of and The Dmoe1sey oftoe ststs snossaaua
g. Tammany Itself controlled py Hng
e. which Tweed and Sweeney nc Po1ent, ~
The which otbets thAt neea DOL DC naWeo
ycr members
tus When The present managers Of 1uc Z
DE- Company DECIDED 70 usp 20 p supreme pose'
nd the corpofatlen: tne5 9lo 10 IN enneeTt n
tho the 1smnany ring. Ihry resolTed 70 Inv
aed politics for the protection OF usuf patiou
- pluEdtr. 1t WAS arranged thAt Enc
que Iauonsny-Eathes taesf mAos9ess-soo
the 81 ali end 20 70 ruin tegether. The Erie
cid into the partueeship ~ treasury sad
ork available indue ce or lis thousands Of I
pIoyes, and Tsmmauy put IN Its name,
prestige, its political influence and son:
len lts choicest spirIts. 1t was tho most ttul
ous conolnatiou Of financial me sns and Pc
ing ical Inautnce ever mads In this State Of
rial his cnntInent
Is The possible profits we're vast fortune.
In sll concerned, snd political supremacy In
nd Empire State. There was no delay IN ca
IT'S ing out the scheme. Two s1pezie2ced ,
the Ioad directors gave place to two TAn1m
Hxll hNye1-polticsans, William y. Tw
fart | .rd peter B, AwttuY became Erie Direct