Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1872-12-21
Ting Eric act,Iernen,

NEW YORK, Dec. 2O.-The proposal for set
Element was communicated in a letter of Jay
Could addressed 10 President Watson of the
Erie railway on December II. He stated that
since his resignation Of the presidency he had
been prepared to make conYeyances TO the com
pany OF property belonging to it which he held
in his name, but to which, he says, he never
made any claim.
During his administration he made various
purchases Of property for the company with
money Of his own. Upon the construction
placed by Mr. Watson on his accounts he was
charged with all these moneys, and hence he
believed the properties in question belonged to
him, and if they were now transferred he ghould
be credited with their value. Owing to the state
in which he was compelled to leave his accounts
on withdrawal from the company and the loss
of the account book some things remained I'M
explained. The various pieces of rea! estate in
dispute therefore he proposed TO convey to the
company and IN addition to the Grand opera
house and adjacent properties owned by him
self and Fisk, do this, he says, for the sake Of
peace.
Mr. Watson thereupon replied that he consid-
cred this fair offer, and would at once lay the
subject before special committee.
Could yesterday made the following statement
TO a reporter; "Since the Erie Warmly object has
been to obtain series OF roads under practically
one management, from New York to San Fran
cisco, and in this way obtain fair share of all
the traffic on the intervening route, and that
WHICH utCluco WI tllDtT lcIiIlnus. HOW well
have succeeded may be seen from the fact that
the Lake Shore and Michigan Southern, Chicago
and Northwestern, Union Pacific, Hannibal and
St. Joseph, Chicago and Rock Island and Erie
are now controlled by men who have common
interest and are working for the accomplishment
of the same PROJECT The Canada, Southern and
Wabash are also partly in our han ds and even
the Pacific Mail steamship stock is under our
control"
Gould's object seems now to be to enhance
the price OF Erie stock to the end that he may be
measurably reimbursed.
Jay Gould is engaged this morning in formal
" transferring to s. l. NJ. Barlow the prOperty
he agreed to make over to the Erie railway.
NEW YORK, Dec. 2O-EUening,--At Mr.. Bar.
lows office to-day, jay Gould delivered ali the
stocks and bonds which were claimed from him
by the Erie company, amounting TO between
S5.OOO0O0 and S6,OOOOOO. These were brought
to the office this morning in a large Tin box.
aud have been transferred to similar box. in
which they will be taken 10 the offices OF the
company, During the counting of the securi.
iies and signing of the receipts there were pres
ent, part of the time in addition TO MFR. Wot.
son, who attended throughout, MIR. Duncan. Mr..
spearman and MIR, TraYers. Mr. Gould, il is
reported, has surrendered Internationally ali
his real estate in New Jersey, Pennsylvania and
Rhode Island. The Grand Opera house
win ten or Twelve adjoining buildings
on Twenty-third and Twenty-fourth Streets
together with yaluableHplot of ground al liz
foot OF 2Sd street, North river. He also prom
ised 10 secure Mrs. Lucy Fsk's interest in the
Grand Opera house. The Rhode Island proper-
~ given up by Could Is supposed to be his villa
at Newport. the New Jersey title cpmprehends
his real estate interest on the North river shore.
and the Pennsylvania property is said 10 repre-,
sent coal fields His absolute surrender OF the
Grand Opera house property would seem TO in.
dictate that Mrs. Fisk has been convinced of her
inability to retain her ownership had the suits