New-York tribune., 1872-01-29
IN THE LAST DITCH.

Jaw Gould and his confederates of the Erie
Ring, one of the most corrupt organizations IN
existence-composed as it is of financlers Wltn-
ont money credit or moral character, lawyers
only of bad professional repute and knaVish
ability, and retained Judges OF confessed We
nolitv-fcht with bOldness worthy OF a good
cause, which would deserve and command sue
cess were there any sort OF justice IN their
claims. Their example of courage, though born
of desperation, should be inflated by those
who are fighting them; at any rate,
tbe reformers cannot afford to treat IL
with indifference and contempt. They have
bought Legislatures before to-day, and they
boast their ability to buy this one. Their nrS1
boast is not idle it remains to be seen VINO
of the Reform Legislature will be seduccd INTO
making good their last one. They are GER
tainly making efforts TO induce the Leglsla-
ture to continue those laws corruptly obtained
from Tweed's Legislature, which so hedge
them in that in the future, as III the past'
they may keep honest men out OF their own,
and steal the princely revenue OF railway,
or divert it to the profit OF their indiviuuai
enterprises. They have flooded the Legisia-
ture with petitions signed by the employees
of tho road against allowing it to pass
into tbe hands of British monopoly
evidently having a strong preference Tor 40
nestle monopolists Of proved rascallty over
foreign ones, who might run the road in the
interests of the stockholders. They have ap-
pealcd, over thousands of purchased sigma
lures AGAINST the repeal of the Classification
act. which prevents the bona tide stockholders
from elccting officers in their true in
tercsts. They have had introduced bills ex-
tending leases of railways, allowing County
Supervisors to elect Directors in roads in which
neither counties nor Supervisors have any in
tercst, and to regulate the real property to be
held by foreigners. Their influence on these
measures is not as clearly manifest as in pre-
vious legislation by former Legislatures, but
it il, Notwithstanding their disgliscs, recog-
nizable. The real refOrmcrs of the Legislature
cannot be too vigilant in watching the bills
introduced in Gould's interest, and to subscIVe
the rascally purposes of the Erie Ring.
Nor should the several organizations of
stockholders banded together to rid the road
of these freebOOters cease their efforts sup
Elemental to those of the Acknowledgement.
We are glad to notice that the American Re-
form Committee have issued a circular letter
to the holders of Erie stock, advising them to
sign without delay the petition to the Leg
islature asking the repeal of the Classifica-
ton bill. Copies for signature are to be
found at the Office of Reuben Manley q Co.,
No. Ga Broadway. 1t ought to be signed by
every broker on whom these rascals and their
now dead scapegoat, whom they still continue
to write up saint, preyed two years ago.
There is no telling when these faithless specu-
lators may return to plague the street from
which they fled for their lives on Black
Friday" They are fighting in the last ditch
now, and if they are not driven from
their stronghold of Erie by the present Legis
lature they will certainly come forth at some
future time to spread devastation around.