Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1872-03-13
The Smash of the Erie Ring,


NEW YORK, March 1913 A. M.-The sudden
rush of Archer's men to the presidents room to
protect It from Tommy Lynch's rOughs, who
were said to have been instructed by Gould 10
capture 1t and then GUST Archer from his room
also, proved to be a false alarm for beyond the
hilarious singing Of bacchanalian songs by
Lynch's gang, no movement was made Mr.
Sherman subsequently appeared and assured
Archer that no attack was contemplated. A
proposal of Lynch's gang TO vacate the premises
if Archer would pay them $500, was declined
by him.
ga. M.-Lynch's gang assembled under his
lead, marched to the doorway leading TO the
stairway of the treasury. As the crowd were
about descending a voice from the vaults below
warned them to desIst. The vaults were guard
ed by force under command OF MIR. SssOn
and his warnings led the gang to retire from
their projected attack. AT $50 A. NJ. Jaw Could
proceeded TO the presidents room and recllned
in the presidents chair for a while The floors
of the adjoining rooms were covered with sleep.
ing deputy sheritfs awaiting the orders of
Gould or Lynch. Gould was Joined by Fred
eiick A. Lane in the presidents room, but the
former didn't seem anxious for Il conference
with Lane.
A.M.-Both Gould and Archer remained in
the building during the night. Signs OF activity
began in anticipation of the coming struggle Of
to-day, and it is believed that important events
will occur.
An Albany letter says the action of the Erie
directors yesterday spread CONSERVATION among
the lobbyists and rural members of the legisla-
ture, who were expecting to make a great deal
of money out of the bill now before the lenisla-
ture for repeating the classification act
The news of the overthrow of the Erie ring
seems to be received everywhere with satslac-
ton. The morning papers regard the results Of
yesterday as great triumph in the interest Of
honesty and REFORM
1t is stated that all of the friends of the late
James Fisk, both in and out of the Erie rail-
way, are rejoiced at the smash-up OF Gould who
is reported to have been Tor the past year a real
enemy of Fisk, while pretending to work with
him; and also that Gould cheated Fsk's widow
out of certain stock Of the Elmra rolling mill
Nearly all the attaches of the Erie road known
as Fisk men have cheerfuly given adhesion to
the new regime,
One portion of the Grand Opera house is vet
filled with gangs Of men under the employ of
Jay Gould, while the other portion is occupied
by the police under orders of the new president
About twelve O'Clock last night gang of G0uld>s
men went into the safe, and were discovered car
Tying away books and papers to GOuld's and
David Dudley Fields room. Several were ar.
rested aud the hooks recaptured, but not until
several transfer books had been secured by Them
Fields clerk secured quite number Of books
and placed them in char9 of his employer
MIR. Ramsay, eX-presdent of the Susquehanna
railroad, says the amount which JAY Gould has
not accounted for oil tue proceeds OF the stock
anu earnings Ol luS ETC rhlToau, is tue cnOr-
nous sum of SOL ,425,710. Ramsay gives CON
secutve account to the Herald Of the proceedings
OF Gould from the time he left Zadoc Pfatfs
taunery, at a loss to Pratt Of $4,000, down to
the present day, duplicating Eldrdge of boston
in an operation, by which ten millions OF Erie
money was turned over to him by jay Gould
and Fisk, the manufacture Of stock and other
similarly Illegal movements.
The new directors of Erie, yesterday, treated
with contempt the letter sent them alter they
took possession OF the rooms by Jay Could Of
iering 10 place his resignation in the hands of
Horace Greeley, conditioned that the other d.
rectors do likewise and new board be formed.
Gould promises 10 make legal fight against
the new men.
There have been large operations in Erie this
morning, the stock opening at 81, but declined
TO 35t. Over 10000 shares have changed hands.
Nothing has been heard in the way of injunc-
tion or warrants for the arrest Of Line or Judge
Hilton, which were expected to have been served
by order oil judge lngraham at noon
The resignation of jay Gould is sald TO have
been accomplished as follows: Gen. Sckes was
empowered by the board To offer as an mi.
ndtum that Gould, Edridge, Sherwood and
Drake would be permitted to retain their posl-