New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-11-25
PRICE FOUR CENTS.

panic, in which event they would have covered thef
short sales at a large profit.
he Simply took all the socs heg oed lie dd not
think that Drew covered all Of his shorts 70 suit them
When tho bear clique found that things did not vorf
they made scramble 70 get back their stock and as
there was mo stock TO sell tbs manepyer resulted 10 t.o
the Sheriff. Office to give bail the stock was at oS and
Drew probably, had Covered hall his siorts lie be-
lieyed that William Iravers had settled al about Co,
stocks which he had sold az aDOnr %.
Upon being asked how the corner would affect smaller
and weaker operators Mr.. Gould said he had not al
lowed one OF item 10 fai but had settled with them
cordnS TO their ability 10 pay so as not 70 interfere with
their credit or their business Henry smith had not YET
were several other spectators who had yet 70 settle
When asked If there was any truth I'D ths s'sen,en.
that Henry n. Smith had any feeling against
HIM for beiraying him in stock operation, Gond
said that there was not much truth IN the report ela
Was canst in by stocEwei President Of the Pacinc Mail
steamship Company who intended 70 run the stocH upon
against the Pacific Mail Company Gould was IN poei
tion, however 70 help him. aud thus saved hum rom
party would amount TO many millions OF dollars
ERIE MANAGERS PRESSING THE sUIT.
s. L. NJ. Barlow, Of Barlow, Larocque Hacfafland,
counsel of the Ere Railway Co, upon being asked for
information regarding tho arrest OF and suit against
Jay Gould, said that the officers Of the Erie Railway
Company had been making discoveries from time 20
time regarding Goulds operations while President and
Treasurer Of Erie and they expected within short time
to have been able 10 begin suit against Could although
it would not have been the precise suit which he
had been arrested Friday because they qua not have
the specific informati0n; but e would have Deen
suit OF the general characJe. Mr. Barlow did not
know what Henry n. smths motives were. ~ was
sufficient. for him TO know that Smiths offers or ASSIST
genuine, and that the information which no
gave. regarding GOud's connection wItn Eie and me
firm OF Smith, Gould, Martin 81 Co would enable
them to bring Gould to Justice. The statement that
he Cir. Barlow was "sbort" Of Northwest
Common and had assisted in tue arrest OF Could
because Of speculative influences, simply absurd.
After the necessary delay In preparing and Ming the
possible Nothing can cause Withdrawal OF inc SUIT
except the payment by Gould Of the 100000 involved,
when, the action being civil one, its olscontinuance
would necessarily follow. He rdicules the ldea tbat
and that, pending Gouds finding IL the 0ppOsio party
expected DO able To bankrupt him by their stocs
operations. He added that the action is bona nae, ano
has been taken solely an the interests OF the ENC halfway
Company.
Mr.. Barlow further stated that from what he could
learn from the evidence submitted 70 him. HOuid kp'
nearly all the money, the late James tk.1r appear
ing Ia only few and comparatively trhng lcldea1S
RUMoRs EVENING.
At late hour on Saturday afternoon Horace +. Clark
Jay Gould, and Henry N Smith were closeted together
In the formers offices the Union Trust Company but
afterward adjourned to Mr.. Clark's house IN Eas.
TwentysecOnd-s Smith, 10 is understood, was tryns
to effect settlement. Nothing that he can do how.
ever will enable him to cause the withdrawal OF the sus
against Gould without the consent or the Lie mager
who it is alleged intend to apply for an increase IN tie
amount OF GOuld'5 bonds. -
II is the intention Of Mr. Barlow TO arrest Jay Gould
on number other suits OF the general character
when the necessary papers have been drawn. -
The circumstances OF the Northwest corner were ais
cussed at the Fifth Avenue Hotel yesterday and many
conecures made in regard 10 the probable dover
opmeDts to-day Ii is believed, however, tnat II the
bears do pay up there will be renewal OF the eA
element and further squeeze In the Stock IL IA bot
improbable that there VIII be some failures lOlay oWlbg
to brokers not having been able make iAer customers
settle at the advanced figures.