The New York herald., 1872-12-06
AN INSIDE VIEW OF ERIE
OPERATIONS.

VIEhE I1VN5.
History cf jay Gculs-s Resignation
The Election OF Generals DIX. McCIel-
lam and Others 10 the Directory Of the
Erie RGirNay-GcuId's Release.
new chapter has been added TO the history OF
tie Erie Ring collapse, which must prove interest
ing in al the aspects OF this nterminable litigation
How Gould was dethroned and the facts connected
with the coup d'etat OF General sicKles while he
was here on brief visit from the seat OF his minis
terial duties al Madrid, and the cooperation OF
General DIX in that most successful raid on the
Erie Ring, will be found detailed as given below
from the testimony OF those who knew whereof
they testified, given before referee the other day.
The testimony sublolned was gwen on reference IN
support OF the motion made before Judge Fancher
Ia supreme Court Chambers TO vacate the order OF
arrest found against Gould:-
TESTIMONY OF EDWIN ELDRlDGE.
Edwin Eldridge having been sworn, deposeG as fol-
@ Where you reside and what Is your occupationf
O. Have you been director OF the Erie Railway Com.
pany and ~ ,s ,oI how l0ngi A. was director from the
o We're You appointed in April 1871, by the Board Of
Directors one oi the committee TO examine into the
G sas s' ay a0" FISH
,bSse pS ySa g report release to be executed to
Ia yoa g. The direetcrs vote in favor Of the
Did YOU ' as such director also vote on December 80
Ss @ ana s
ssS s Win view e ss
HsS lns%isss; information inf m :.
Of such release act IN like mannerf "A. think they
HEATH RAPHAEL LAWSUIT
onS Al aG me eenaa mat s 81 be essss & 1s
Jay dS9a SHIs
vertibe bonds by the Executive Committee OF The com.
pany of whom Jay Gould one) and in which charges
Ssd sSss'"Sf S
ana ssEnas SnS which general ehsIsss made
xsf,ssSi ssgy tss @
psny Goud % ohers Wien
mtee which made the report referred tor A. II is;
tnSs large share moneys Isssyed rom ths ssls
4 lam Of the existence Of this suit and that's
@ Was not COPY of that biz Of complaint laid before
a,e directors o. the cSsmpany who were in a,'sndanes
Sli iSs table board s0p.
nA
prlSas adysntasei A vs. :. '"s. :, '.'l ~"
against FISK psna lane m
DIa not .Ss eonIttes sppsinsa y tie Board take
'Rss %srs @ Z sss sS s. sm 'Ass o'o'
I On y
@ % o. aSoa nv ne a
O. Did You act with entire independence Of Mr.. Gould,
Inc board Of precfors Tepone and Voting for the
execution ss,a Of such h. rsleases, ease A Gid
ecuton OF these releases. A. Because supposed
because believed would the Interest Of the com.
Sn n n N m "
Q bid Nr Could refuse 70 answer any INQUIRIES ad.
am hat @ the somae
went to Mr. Gould for any information, but we wenro
officers Of the company.
g We're you at the Erie Railway Office on the ih of
Da % on s E. NJ &, ss day Psy S inter-
1 Sn @
ssm 3D. by @ sa%s lin to Ss director; the side
stse the M ssessnss % Of that n'srvsw asked
q could M1 D Do be se es a IN ad 81 es e
matter e a tSd ne might then vent 20 Mr. Bar
S III a Emit
said that Gould and bis party a Would and
s re
@ ha' osS ss' The could fs 6 1 Il Ss! 5
@
then went back to the Office and informed Mr. Gould Of
esenr and
there the matter was talked over in accordance with
effect come to- and Verbally arranged that on The
Mo be ne ysW meet M or aS an %
I'D aarSx n" a S ss M S on hSs Ss and said he
think Mr. smith use
Barlow assented the and OF our conver-
"s Be hey won
give M release and pay to Mr. Gould the money which
2. Did Mr.. Gould assent to this arrangement A. He
JAY GoULps RESIGNATION.
Df ss he DO n hi H,ns in @ s met
roc % an S,s he snt na into s
O. Did Mr. Gould on that day resign as President, A.
q. Did not you, Mr. Gould, Mr. sherwood and Mr..
iih s and Eth aYseSSi March, iss did, w
g Was no, meeting called BY Mr. Gould as rresi.
SSsSs ssna ,s VI Fam;
gould lac acting s as s PRESIDENT We did ' '1ss'"s
At that meeting were not the resignatons Of num-
ss sss so a1 sss to IA as Sn 1sss
persons acting with them a. Yes, sir.
@ IN
ceneEa pa Pn no n hs sduS aSse thus @ the made
on his behalf by you and Mr. Smith with Mr. BarlowS
O. Was not o. H. r. Archer the Vice President of the
Erie Railway Company the llth Of March, and for
some time before and alter that? A. lie was
O. Did you have any conversation with him upon the
subject OF release 10 Mr. Gould the confirmation of
reeasesY A. had several conversations with him.
In which he each time assured that one of the
diiions upon which they went into that arrangement
that they gave a release TO Mr.. Gould.
O. Was not Mr.. Archer party 70 the arrangement by
which change in the board ousng Mr. Gould, was at
tempted on the llth OF March Z A. lie was.
EDWIN ELDRIDGE,
THE CeNSTITUTIONALITY OF THE
INCOME TAX.