The Tiffin tribune. (Tiffin, Ohio) 1868-1887, 1872-12-26
THg SEY YoRK TRiBUyE.

THE NEg YORK TRiBTSE.
The latest in regard to the Tribune
affairs - given below. Sinclair has
been aI WUrk for about two weeks q
arrange matters 10 get Reid out Of the
paper and C0lfax IN, 50 as 10 bring
me paper OacE IN fellowship with the
Repu6Hcsn party. In tLis he has
Jailed. the stockholders pTeierT:ug %
lock elsewhere for support tlsn
among Republicans
The Tribune Trustees held y meet
ing Friday evening last. Every mem-
Der wss present. Mr.. Sinclair brought
forward the COliHX proposition. II
received the support OF only himself
ana one other, SIX out or the eight
Trustees opposing it, sustaining Mr..
ReId's eOnuuCung of the psper, ami
urging that Ee To detained with 10
instruction., save to Continue carry
ing out the pOiicy 81 Mir. Greeley
card.
IL Eas settled that no change should
be made in the policy of the paper As
Mr.. Greeley left It without Change IN
cUltFcilIpg prOprIetOrshIp. Mr.. SIN
clair tlfen went To work to make up a
pOOi OF outside stOckhUlders To sell a
cUntrollIug interest. IL Is understood
that he, with DIR. Aver and the repre-
seltaaves Of the estates Of one or TWO
deceased prUprietors, not including
Mir. Greeleyis, have nearly or quite
made up the fifty-O1e shares needed,
and propose sell at the rae of mill
ION dUf.2rs % q combination repre-
seHtisg telegraph and administration
interests.
Mr.. Reid said that in case the pro-
prietUrshIP and policy were thus
changed, he would also sell his four
shares and AT once retire. It has tram
spIred tJ-day, that in tile Trustees
meeting Mr.. Reid protested against
MIR. SInc.air's proposal 20 abandon
the ground upon which Mr. Greeley
placed the paper in his card TesumIng
tue edltOrsuip. He said that MIR. Sin
clair Was tile last Nan VINO ought TO
do TINS injustice 10 Mr.. GreeIey's
memory, because it WAS through MIR.
SInclaIr's solicitation, long Continued,
that Mr.. Greeley finally consented 10
become presidential Candidate. Mr.
Sinclair admitted tins, but said ne
urged Mr.. Greeley to iI, and wrote
letters over the country to further
Mr.. Greeley's chances At Cincinnati,
because ne knew that Mr.. GIeeley
would not support Grant, and thought
the next best thing was 10 get him TO
be candidate himself.
Mr.. Reid said he himself had net IA
Yored Mr.. Greeley's candidacy and
had discouraged MIR. Greeley from il,
nearly up To the time when Mr.. Gree
ley directed him to go to Cincinnati
as his representative, but he believed
in the Cincinnati platform as Mr..
Greeley aid, and would not remain in
charge of the Tribune if that platform
were opposed, aud the position in
which AIr. Greeley placed the paper
by his card and latest writings, were
fatty abandoned, as he understood to
De now proposed.
LATER-Fifty-One shares Of the cap
itaI stock of the Tribune Association,
constituting maturity, were to-day
sold to William OrtOn. The parties
going ont besides Mr.. Sinclair aud
the representatives of dead proprie-
tors, are Geo. Ripley, Whiteiaw Reid,
John Hay, Thomas n. Rocker, Phil
lip 3. Fitzpatrick, O'ROurke and DIR.
J. e. Aver. Each of the old prOpri-
etOrs was earnestly requested TO retain
at least part of his stock. Me-srs.
Reid and Hay refused, one selling
S4O, 900 worth, and the other $4,000.
Messrs. Ripley, Rocker, FItzpatrIck
and O'RUurke Consented to retain
barely one share each. DIR. Aver
sold eight of his fourteen shares.
OF the 1ifty-One shares purchased il is
understood eight are reserved fol
SCHUYLER COlfax, who is TO be invited
to assume the editOrship. Mr.. Reid
was requested to remain, but declined
and announced that Immediately on
making the sale, he had rendered his
resignation as acting EditOr-in-Chiel
to the Secretary of the Board oi
trustees. Mr.. Hay also declined to re-
main editOrially connected, and other
designations from the statf have since
been rendered. MIR. OrtOn then request
ed Mr.. Reid, as a personal favor "a
remain in charge of the paper for 8
little time, continuing its policy un-
changed, and he consented TO remain
till the end Of the present week. II
has been for fOrty-9ight hours uncer-
tain to which side the sale would
probably be made. The majority Oi
| the Trustees who desired to continue
the paper ON the basis of Mr.. Greeley's
card, with Mr.. Reid at its head, need
I ed only eighteen shares of stock to Sc
cure clear majority. Mr.. Reid Of
| fered To buy these al $4,000 4 share
cash, or at considerably larger price,
| but Sir. Sinclair had secured enough
of them to prevent him from making
I up the lumber. Messrs. Reid and
| HAY also offered Mr.. Sinclair $500, ,0OC
I for his own shares, and the twelve Oi
/ the Clark estate which he controlled,
and all the other Trustees insisted
/ that Mr. Sinclair was bound under
/ the laws of the Association to sell
to them before selling at the same
price to an outside party. MIR. Sim
clair, however, claimed to be uudeI
obligations to the others which he
could not discharge save by cOmplet'
/ ing the transaction for fifty-one
shares with Mr.. OrtOn.
1t is reported that Ex-Governor f
D. Morgan, ex-SurveyOr A. b. Cor
nell, and several others of that wing
/ of the Republican party, are to unite
with Ort1n in carrying the stock.
In the final sale Mr. Sinclair re-
/ tanned three of his shares and it is un'
derstOOd desires To continue as pub
! Usher. Those siding with Messrs
Reid and Hay, were George Ripley
Thomas \. Rocker, Philip Fitzpat
rick, Patrick O'Rourke, Oliver john
sou, c. a. Rumple and John F. Cleve
land, Mr. GreeIey's brUther-in-law
who represented his own stock anC
( that of the Greeley estate,