, 1872-11-08
The Board Of Trade Totes to Slightly
Reduce It's Membership.
Mr.. Baxter, Of Meyer, Baxter
6 Co., Expelled.
The Other Members OF the Firm
Retained on the Board.

n[r. Myer said that Mr Quincy, who had their
| case in charge, would not be present for few
| minutes and in the meantime Mr. Baxter would
reply to Mr. Culver.
| MR.. BAXTER SAID
| they desired to offer in evidence the afhdavits
| contained in the pamphlet compiled by Mr.
Swett copies Of which we're in the hands Of the
President. He felt it necessary to correct the
unfair misrepresentation and mis-statements Of
air. Culver. The charge WAS very Heriuos one.
Mr.. Culver said they we're convicted, and had 80
published to the world in the morning papers,
whereas they had not been convicted, and he be-
Eeyed they would not be. he charged 4. 0.
Ticknor with perjury, and that his evidence was
fabrication from beginning to end. Ticknor
swore that the defendants would not arbitrate,
when he had at the time in bis possession a let
ter from Myer, Baxter i Co. offering to leave the
matter to selected disinterested parties. He
read from the argument Of Mr. Culver who said
they we're guilty, and commended that the state
ment WAS false, and the evidence and facts
would prove it. Mr. Culver told the speaker the
evening before that he {Culver) would swear the
defendants were guilty, and there was
no doubt but he would swear, but that
would not make it true. The proposal
that the firm should place $4,000 in the
hands Of Ticknor WAS rather unreasonable. Who
would place $4,000 unprotected in the hands Of
A. O. Ticlnor? Mr.. Geib had sworn to the de-
livery Of the offer of arbitration to Ticknor, and
to Ticknor's refusal to accept the proposition.
Ticknor WAS entirely unworthy OF belief.
T1c6NoR WANTED TO BLAcKalA1L THEM,
and they would not submit. Mr. Culver talked
as if the Directors had prejudged the case, and
we're determined to find them guilty anyway.
McWhinney swore, in Indiana, that he was sick
md could not appear as witness. Tint was why
the attempt to arbitrate was postponed He
hoped to have got Ticknors consent to
have al the disputes between them
time. and the speaker had 80 informed
the Directors. Mr. SWEET had prepared q state
his attorney for years, The statement had been
submitted to the Board without comment. He
offered to leave
TIE scRASroS-LySS MATTER
to A1r. Scranton, but Tcknor would not con-,
sent, They only nsked that the members should
Judge tho case impartielly. He had never asked
any man on the Board to do anything for him.
being perfectly willing to leave the case to the
bers. He regretted being forced to prove Tick
nor guilty Of perjury. Some Of the statements
and accounts were analyzed He submitted the
case without fear or trepidation on his part.
Some affidavits we're formally submitted.
Mr.. Culver said he had 8 few words to say
regarding Mr.. Ba1ter's assertion, that he had
made misstatoments. He would controyert them
se7iatins,
Mr. Brainard thought it WAS not proper tor
Mr.. Culver to talk then. He could do 40 when
the defence got through. It Was right that the
defendants should 80 on with their defence. Zap
plause)-
Mr. Culver was willing to postpone his re-
marks.
aR. T. D. ounSEY SAID
there was not member Of the Board Of Di-
reetors who he would not vote for ii candidate,
for any office from an archangelship
and he was sorry to have to disagree With them.
They had put the testimony OF men like Myer
Baxter, and Forrey against Aurora Q. Ticknor's.
He did not believe MyeE, Baxter d Co. had any
than the Directors themselves The testimony
showed that the account Was entirely between
TICKN0R AND BA1TEn,
and not between Hcknor and the firm Of Myer,
ants great injustice in disregarding their testi-
monies. Da1ter had lent Ticknor $500 when he
had not 8 friend in the world. Had the Direc-
tors any right to discard the testimony
OF seven men, accompanied by q written
NyeE, Baxter g. Co. could have bought Tick
nor's paper by tho dry goods box full at 10 cents
on the dollar. Had they wanted to defraud
Ticknor, would they not have bought that paper?
Mr.. Myer stood then without reproach, as man
who came to this city, poverty stricken because
he had surrendered 100000 endorsed on notes
for which he never got cent. That was the
man whose reputation was to be blasted on God
Alnighty's earth By Aurora o. Ticknor. They
knew
T1cKSoRs CAREER N THAT BOARD
for the past year, and they could compare
it with that Of Myer, For1ey or Baxter,
men who never went back On
T.. 111~$ $o&f
nor had in his pocket letter from Myer, Baxter
g. Co., offering to arbitrate, at the moment he
swore that they would not arbitrate. he advised
Myer, Baxter & Eorrey to arbitrate, and they we're
all ready to do it. He would stake his ,1eputa-
tion as 4 business man on the assertion that the
case VAS
a pHEaED1TATEn SCHEME OF BrAcK1rA1n,
planned by Tcknor against Myer, Baxter 4 Co.
The question they we're to decide was, il there
was any fraud in the matter, He was hoarse,
[cries Of Horse distemper," "Epigoozy:"]
trade With fieknor it vas simply
o aesF1 r 4 1 SsRtb Ss HE hot s sss
Myer, Baxter & Co. we're upright, and innocent
Of the accusations. Let them read the state
ment Of Mr.. Myer. Was there member OF that
Board who could Lay his finger on the reputation
Of lsaac Myer? Did they not believe him2 Did
they not believe Atr. Rumsey and Mr. Forrey and
Mr.. Baxter? He would occupy their time no
longer but leave the case in their hands. PRO
longed applausel.
Cries Of ':Nezt, "Question," "vote."
MIR. CULVER SAID
he did assert that Mr. Baxter put off arbitrs~
ton; his authority being the Chairman Of ths
Committee OF Arbitration. When his statement
was written he submitted it to the President
and Secretary, both Of whom endorsed it as
true. he did not say Baxter was guilty, but he
did say the firm was convicted BY the Board Of !
Directors. Mr. Baxter had made so many |
statements and contradicted them, that they
could not belieye what he said about arbitration.
[App1ause.l [Cries Of 'vote."l
CONFUSION. "
Mr.. Baxter appeared. [Cries Of ssVote, "Give
him chance, AGO on" eto1 He read from I
A1r. Culyers address, and contradicted some of !
its statements. He had made the offer to arbi- I
trate. [Cries Of 'Votc," {. Culver" etc.]
Mr.. Culver said the offer to arbitrate was not |
made at the time stated by Baxter, and the
records would prove it.
Mr.. Baxter demanded the records. What N1r.
Culver said was not so {Hiases1
Mr. Culver said there was a Guestion of YER |