New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-12-20

President Watson, q. L. NJ Barlow, and other Erie III
rectors we're together at Mr. Barow ONCE until
late hour evening" discussing the events OF inc Gay
and the future programme On leaving the private once
Gould hurried through the anteroom, and encounerng
the curious gaze OF number OF spectators TOOK car
raee with Mr.. Sherman and rode home.
Mr.. DARLow's VIEWS
q T. NJ BARLOW Director and Counsel or the Com.
pany upon being questioned in regard 10 the special 10
nucnce which had compelled Mr. Gould to REFUND sated
that he knew OF nothing except the legitimate influence
of the SUITS Tho negotiations had been penang ior
some time and had resulted favorahly Mr.. Gould nah
transferred to the Company t2oOO in stocks and
bonds and the rest in real estate. The compromise al
though accepted had yet been contaminated but the
papers would probably be signed to-day The result was
very satisfactory to ali concerned
ERIE CAN LAY A THIRD RAIL-
reporter sought an interview with Mr.. Could OF the
laters Office the result being the following statement
by the ex-President Of Ero
at ia true that the difficulties existing between the
Erie Railroad aud myself are now 90 an end ~ X Also
that have paid the Company the sum OF ~ ooo%
for the purpose OF cfecng tho settlement, ana tnas
has been held In allegiance subject 70 telr accept
for for meme p2 b ne the ERIE
Railroad can now lay the third ran 1nat , nus
il in the position long sought that OF being narrow
gauge road. Second: 1t VIII enable t 10 mahe an
alliance with the Lake Shore Road and remove the luea
that has been entertained by some OF making closer SS
nectOn with the Atlantic and Great western iOau' lug
result of this Will DO that rival system VIII 10
shed that will prove q over tue Great Centrai
system, and place Eric at the head OF great
America The effect Of the settlement VIII further Dehe
tit the road as will have the assistance OF my tx
perience and already has placed Mr. Watson ana mYse
In amicable relations. The has been received
abroad with evidence of the greatest satisfaction anu
the credit OF Erie has been renewed tenfOld."
Mr. Gould concluded by stating that condition OF the
settlement was that he should receive 100000 shares oil
Erie stock In other words that he should have the hrst
market that number, with the privilege of buy
ing them In this he had done already, and tho shares
wero in his possession; there was also an under
standing that he was be consulted, and his opinion
asked upon matters Of Importance pertaining to the
business Of the road.
RUMons OF THE STREET.
TRIBUNE reporter called on Daniel Drew at bis ONCE
in Exchange-place, for the purpose OF obtaining his
views regarding tho settlement, but Mr. Drew was not
in a communicative mood, simply saying that he had
heard rumors of settlement and supposed there was
settlement, but knew nothing about it.
1t is stated that Mr. Gould will throw his influence In
the Northwest Railroad Company in favor OF bringing
its traffic over the Erie Railway when the third rail IL
laid There is also said TO be very largo short III
teres Erie stock and that Gould intends to twist the
bears in Erie as he did their brethren In Northwest
In the United States Circuit Court yesterday In the
case OF Mrs. st. John agt The Erie Railway Co., Judge
Woodruff decided that preferred stock is entitled to pr
orlty only over stock aud dismissed the bill
with costs.