Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-04-11
Our New York Dispatches.
The Insurance Company that Got into
Trouble - The Erie LOCOMOTIVES and
other Property, etc.

New YORK, April tO.-At a meeting, this
afternoon, of the stockholders of the Common
wealth fire insurance company, of this city, of
which William NJ, Tweed, Jr, was lately APP
pointed receiver, d. L. Doughty, secretary of
the company, made a statement Of its affairs
and the management, confirming the current
report Of frauds and Irregularities by some of
its officials. Mr. Doughty STATED that his cash
was continually $1,000 or $4,000 short, and that
be has been Informed by the office hoy that the
president of the company, George L. Haws, fire.
quently went to the safe after Doughty left tue
Office Doughty also sad Henry Clews Co.
had been paid only $500 in payment of n loan
of $4,000, and HawS told him repeatedly that
he would fix it, and that it would not show. He,
Doughty, afterwards found his cash short some
$500 or $1,000, and notified Haws, who there
upon told him to add to the losses so rs to make
il all right. In this way he changed Sis to
SIZE, and various other sums in like manner
The total amount of these additions he
thought might be $4,000. He did not consider
these alterations but merely additions of
figures, all of which were made by
order of Haws. A committee of di-
rectors, previously appointed, reported that the
company could reinsure its outstanding policies
for SS4, 900; but, owing TO the presence of the
receivers, they could take no action in this dI-
rectiOn. An examination of the books showed
that the deficit amounted to only fifty flour per
cent, and perhaps might be reduced TO forty
the deficiency in the capital, take the company,
il possible, out ofAthe hands of the receivers,
and resume business.
Judge Gilbert, of Kings county supreme court,
to-day issued an order, Teturnabe Wednesday,
requiring Z. e. Dyke to show cause why the
Erie locomotives and property, now held by the
sheriff to satisfy Judgment in favor Of Dyke,
should not be released.
At the German peace celebration, VIM. Cullen
Bryant said they were celebrating the return OF
| peace to France aud Germany. The French are
gallant, high spirited, impetuous, but wholly
| unconscious how much they were weakened by
the spurious Cesar, and their armies broke
down before legiOnS trained in the best military
system the world ever saw, and the soldiers of
France were taken in tens of thousands, like
mlnlOwS i'll net. The scars on DO h countries
would soon heal, for the soldiers of the vast
standing armies were returning to the plough
and the workshop, and both nations, side by
side, Will be in harmony and peace, which is the
law of the universe.
All the German societies give concerts and re-
ceptions tonight. The German quarters of the
city are brilliantly Illuminated.
Philadelphia, Baltimore, Nashville, Washing
ton, and dispatches from many other cities in
all parts of the country report similar grand and
successful celebrations of the return of peace.
AT Cleveland, several casualties occurred, two
lads being killed by a runaway horse.
The buOys at Fire Island inlet are entirely
gone, which renders navigation very difficult
and dangerous on Long Island coast.