Evening star. [volume] (Washington, D.C.) 1854-1972, 1872-03-12
The DOWNFALL Of Erie


Nav YORK. March l2-The ne VS. of the over
fhrow OF the Erie ring seems to be received
everywhere with satisfaction. The morning
papers regard the results of yesterday a great
Triumph in the interest of honesty and reform
1he Herald says no coup d'etdt has resulted in
more entire success since the famous second of
december at Paris, when the Assembly was
hssoived and the leaders transferred their beds
20 prison cells IL adds that few DAYS viii dis
close history Of profigacy and crime that will
lstonish even those who had appreciated the
character of the Erie ring
The World thinks 1: useless for Gould 70 at
accomplished.
The Tribune says the legislature should a,
nee order an election of directors and out action
beyond any question of doubt.
AT late hour last night Gould and his en-
ploSes attempted to abstract from the safes the
hooks OF the company, which were taken posses
non OF by the new board. Some of the transfer
books were taken, but were subsequently, re-
covered.
Henry Sherwood, one of the ring dra.,,-s
Who has not yet Acknowledged Dix as president
says the whole business is the work OF the A.,
laniic and Great Western Railway Company.
which desired to bet control of Erie, with view
TO using il and helping the Atlantic and Great
Western out OF irs liabilities
CONSIDERATION AT Albany
An Albany letter states that the action of the
Erie directors yesterday spread CONSERVATION
among the lobbyists and rural members of the
legislature, who were expecting TO make great
deal of money out of the bin now before the ley-
stature for repeating the classification act.
OVER $4,000 $50 UNAcCoUNrEp roR.
MI Ramsey, ex-president OF the usquehanna
Railroad, says the amount which Jay Gould has
not accounted for of the proceeds, stock and
earnings of the Erie Railroad in the enormous
amount OF s5l ,i25,sl0. Mr. Ramsey gives a
consecutive account to the Herald of the pro-
ceedlngs OF Gould from the time he left Zadoc
Pratts tannery, at the loss TO Pratt of stD 900
lown to the present day, duplicating Eidri,Ige
Of Boston, in an operation by which ten millions
Of Erie money were turned oy er 70 him by (;ould
and Ff h. tue manufacturer Of stock and other
SINH arly illegal movements. Ii is stated that an
he frionds of the late Colonel Fisk, both in and
put OF the Erie Railway, are rejoiced at the
smash up OF Gould, who is reported to have been
fer the past year real enemy OF Fisk while pre-
tending to work with him. and also that Gonld
heated FISK s widow out OF certain stock of the
EImiTa rolling mill. Nearly all the ATTACHES
Of the Eric road known as Fisk men cheerfully
give in adhesion TO the new regime.
THE NEW DIRECTORS
)f the Erie yesterday treated with coptempt A
etter sent them, after they had taken possession
If the rooms, by Jay Gould Offering TO place his
resignation in the hands of Horace Greeley, con-
1tioned that the other directors do likewise and
new board be formed. Gould promises TO
make legal fight against the new men.
The following is a resume of last nights
PROCEEDINGS AT THE ERIE oPERA-HoUsR:
tleid and Sherman, his counsel, in their room
Vice Preside mt Archer remains in the room adj
'omiBg the directors room, with dozen of his
A. N-There was a sudden rush of Arthur,s
men TO the presidents room to protect IL from
Tommy Lynch's roughs, who were said to have
been instructed by Gould TO capture il and then
pust Archer from his room also. 1t proved TO
be false alarm, for, beyond the hilarious sing
ng OF baccbanalian songs by Lynch's gang, no
movement was made. Sherman subsequently
appeared and assured Archer that NO attack
vas contemplated. A proposal from Lynchs
gang to vacate the place If Archer would pay
hem Al 500 was declined by him
4 A. M,-The different gangs remain quiet.
Shortly after clock Sherman was closcted
With Archer till nearly O'Clock. IL is sup
osed they are consulting upon proposition of
lead and marched 70 the door leading 1 te the me
stairway to the treasury. As the crowd were
ibout descending, a voice from the vaults below
warned them to desist The vaults were guard
ed by force under MIR. Ssson, and his warning
ed the gang to retire from their projected at
$50 A. May Gould proceeded TO the presi
ients room, and Ieclined in the presidents
chair Tor awhile. The floors of the adjoining
'ooms are covered with sleeping deputy sheriffs
waiting the orders of Gould or Lynch. Goald
vas Joined by Frederick A. Lane i'm the presi-
fent's room, but the former did not seem anx-
Gus for a conference with him.
o'CLoCK.-Both Gould and Archer remained
the building during the night. Signs OF &C.
ivity have begun in anticipation of the coming
events will occur.
LARGE OPERATIONS IN ERIE TO-DAY.
NEW YORK, March 12.-There have been large
Eei%phs Al IIic tuis morning. Inc stock
'pened At an advance TO 81, but declined 70
rs. Over twenty thousand shares changed
aands. Jay Gould. sis ming himself president,
TO- day issued an order directing all clerks and
mployes TO receive instructions only from him
IL IL believed none will take any notice of this
manifesto. There was nothing i'm the way of
njunctions or warrants for the arrests Of Lane
" Judge Hilton, which were expected TO have
,een served by order OF Judge Ingraham a.
aoon.
NEW YORK, March 1.-The grand Jury OF
hudson county, New Jersey, made . present
ment to the court at jersey City, yesterd-
containing 1sS indictments aesi.sss NJ ereyyy
,meiai IN the c.,uury and IN 5ers>y City, They
..-sv nat corruption In proven everyvsere.
me whole police department, tncipSing the
commissioners, chief OF police, And All subordi-
rates prostitnted their ofnces 10 private euds.
hat the press is corrupt, libelous, end under
.ubsidy from the indicted officials, and recon-
mend Legislative action 70 protect the people.
Mexican HaSh.
MATAMoRAs, March ll-THerald disn.,.h
"A gentleman from Camarpo yesterdav re,.or,
NE recapture OF Zacatecas BY Correlo. scting
n conjunction with troops from Guarraiuato
mo sanchez Ochoas army. 1t Is rumore6 thst
irevino was defeated and wounded. and MAJ
unez. saranjo and Cadena were taken prison-
re, losing their artillery and amnunition Ga
nales, Governor OF Tsmaulipas, has ordered
Sueroga 10 leave the state, or he will compel
Jim. Inss significant, indicating reyerses for
ne revolutonists. Palacios has dissolved the
national guards here.
A Railroad Company Indicted for |
MuF0ef. |