Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-12-21
The Wonderful LOOseness OF o Big
Bankers Book. eeping.

The Wonderful LOOseness OF O Bis
Bankers Book-keeping.
| NEW YORK, Dec. 20.-The settlement
| by Jay Gould with the Erie Company wa:
| the main topic of conversation throughout
the city last night. 1t is everywhere re.
! garded as grand triumph for Erie. The
| proposal for the settlement was commani-
Gated in letter by Jay Gould, addressed to
| President Watson, of the Erie Railway, on
Dec. 1S. he stated that since his resigna.
ton of the Presidency he had been pre-
pared to make conveyances to the company
Of property belonging TO it which he held in
his name, but to which he says he never
made any claim. During his administra-
ton he made various purchases Of property
for the company with moneys Of his own,
the benefit of which accrued to the road.
Upon the construction placed by Mr.. Wat
son on his accounts, he wac charg-
ed with ali these moneys,
and hence he believed the properties
inquestion belonged to him, and if they
were now transferred he should be credited
with their value. Owing to the state In
which he was compelled to leave his &C.
counts on withdrawal from the COM
pany, and the loss of an account book,
some things remained unexplained. The
various pieces of real estate In dispute,
therefore, be proposed TO convey to the
company, and In addition the Grand
Opera House and adjacent properties own
ed by himself and Fisk. 81 do this" be
says" for the sake of peacs."
Mr.. Watson thereupon replied. He con-
sidered this fair, and would at once lay the
subject before the special committee.
JimfskfcaI.
could yesterday made the following
statsment to a reporter: Since the Erie
war my object has been to obtain series
of roads under practically one management
from New York to San Francisco, and in
this way obtain fair share of all traffic on
the intervening route and that which &C
crues at either terminus. How well have
succeeded may be seen from the fact that
the Lake Shore, Michigan Southern, Chi
cago and Northwestern, Union Pacific,
Hannibal and st. Joseph, Chicago and
Rock Island, and Erie are now controlled
by men who have common interest. The
Canada Southern and the Wabash are also
partly in our hands. Even the Pacific Mail
steamship stock is under our control.
Gould's object seems now TO be to en-
hance tue price Of Erie stock to the end
that he may be messurably reimbursed.
Meeting Of Brains and Brass.
Jay Gould went this morning to the OF
fee of S. L. M. Barlow, counsel for the
Erie Railroad, and took with him the doc
uments necessary to q settlement Of the &C.
count of the Company against hin. The
meeting between the two gentlemen was
cordial. The work Of transfer was imme-
diatllu AOn1T,ovaaI and vrrill r.rOho hlu
py the day. The success of the entire pro-
ceeding is said to be due to Mr.. Barlow,
who has had the negotiations in charge
from the first. The transactions in Erie in
Wall street were considerable. The stock
opened at 5S and soon advanced to 60.
Eject 1n London.
LONDON, Dec. 20.-Erie is now quoted at
47a. There have been immense transact
ions in the stock this morning, st prices
ranging from 46 to 41S.
LONDON, Dec. 20, $50 P. M.--Erle Rail-
road shares are now quoted at 4Ss.
GOuId's Surrender,
NEW YORK, Dec. 20.-At Mr.. Bar
lows Office to-day Jay Gould de.
Hgered all stocks and bonds which were
claimed from him by the Erie Railway Co.,
amounting to between Eve and six millions
These were brought to the Office this morn
ing in large tin box and have been trans
ferred to similar box 10 which they will
be taken to the officers of the Company.
During the counting of the securities and
signing Of receipts there were present part
of the tine, In addition TO Mr. Watson,
who attended throughout, Mr.. Duncan,
Mr.. Sherman and Mr. Trayers. Gould re-
mained in Barlow's office AID assisted In the
work. He, it is reported, has surrendered
Internationally all bis real estate in New
Jersey, Pennsylvania and Rhode Island,
the Grand Opera house with ten or twelve
adjoining buildings, on 23d and oath street,
together With valuable plat of ground at
the foot Of 23d street, North River. He
also promised to secure Mrs. Lucy Fisks's
interest in the Grand Opera House The
Rhode Island property, given up by Gould,
is supposed TO be his magnificent marine
wills, on the Point at Newport. The New
Jersey Title comprebends his real estate in
terest On the North river shore, and the
Pennsylvania property is said to represent
coal fields. His absolute surrender of the
Grand Opera House property would seem
to indicate that Mrs. Fisk
has been convinced of her inability to re-
bdln IliC U6tu pT6SS-
ed to trial. What arrangement has been
made between Gould and the Fisk estate by
which this has been brought about is IN
kOown. The Company have agreed to set
tie with the estate Of Col. Fisk for Fisk's
half Of the Opera House and $4,000 In
cash. This will leave Fisk's widow with
less than hundred thousand dollars. The
actual legal transfer of the real estate en-
bracing the tracts of land in New Jersey,
Ohio and Pennsylvania may require several
weeks.
The Tribune Tripod.
Hon. VIM. Orion sisted to-day that Geo.
VIM. Curtis has not been approached on
the subject of the editorship Of the Tribune.
Death OF Putnam, the PubIIsher.
Geo. Palmer Putnam, the well known |
publisher Of this city, died suddenly this |
evening.
the day, and seemed in remarkably good |
spirits. He was in the act Of exhibiting |
book to a friend when he fell suddenly to |
the floor, striking bis head in the descent |
upon projecting shelf A physician was
at once called, who applied restOratives, but |
life was extinct. The cause OF death was |
apoplexy.
A Foul Train.
Geo. Francis Train was arrested this |
morning and locked up In the station house |
On Bench warrant to answer the charge |
Of publishing obscene literature.
The Perils of Business Letters.
Richard Brandon has been arrested for |
rob6ing the postoflice of 2,800 mai bags.
he confessed and says he has 10 accom-
plices. He was committed for trial.
New Jury Law.
The new jury law, known as the Judd |
bill, which allows the selection Of juror |
who has expressed an opinion, is working |
o advantage in the Stokes trial, as thus far !