The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-12-28
WHAT Mr.. WATSON SAYS.

l6 creQlLeQ VIII SaylUS'
81 cannot do other than accept Mr.. Gonlds
motives as expressed In his letter. He says
he desires peace for one thing. and that he
has other large interests in Erie which prompt
him to the step. He Is certainly one OF the
very largest Individual stockholders In The
road, and claims 10 be actually the largest
From the time, however, when got posses-
slon of Mr.. Smiths books and evidence, l. was
satisfied that Mr.. Gould would have to come to
settlement"
The Tribune states that soon after Gould's
arrest onrhe affidavit OF Henry N. Smith and
on evidence from the books OF Smith, Gould,
Martin &aCo the ex-president OF Erie either
feared the results of The trial or thought that
1t would be more polite to concliate the pres
ept administration of Erie, or TO combine with
members of 1t for purposes OF mutual profit.
Numerous interviews Insured the latter.
THE FINAL SETTLEMENT.
The final settlement In the Erie transfer was
made Saturday. 1t is dated December ls,
1872, and opens as follows:
"Jay Could, of city and county and Slate Of
New YorK, and Helen D., his wife, and
LUCY D. Fisk, also OF the city and county and
State of New York, parties of the first part,
and Peter d. Watson, of the same place, party
OF the second part, witnesseLh: That the hrsC
part, tor and In consideration OF the sum Of
81. zoo, 900, surrenders"-[ here the indenture
SPECIFIES the property in the Grand Opera
House, in Twenty.tbird and Twenty-fourth
streets; also lois 10 Duane street, constituting
the Erie buildiugs.]
Mr.. Barlow was closeted with Gonld IN MIS-
office, but nothing of any Importance trans
pired with one exception, that was the e1ecu-
which Jay Gould and Mrs. Fisk effected dur
Ing Saturday morning. This, with other
property referred to, represents $l,200, OO0.
This is regarded as step of Importance. The
counting and transfer of about $5,000,000 OF
securities offered by Mr.. Gould was concluded
Friday afternoon. In some Instances the
bends themselves were handed over, and 10
others the right of ownership was given by
power of certificates.
ONLY AN OFFICIAL TRANSFER.
Thomas G. Shearman, counsel for Jay Gould,
in an Interview with q Tribune reporter,
deprecated the statements in the newspapers
10 the effect that Mr.. Gould had made "resli- as,i
tution." Such, he claims, was not the case.
When Mr.. Gould left The administration oil the
Erie Railway Company large amount OF
property belonging to the company stood IN
his name. He had never claimed this prop
perty. but had always expressed willingness
To restore 1t to the company, provided the
present administration would give MIN re-
ceipt and quit claim. This was not done, ana
Mr.. Gould consequently would not reliAquish
the property. Lattelly he had been 10 com
muuicaLon with Mr.. Watson. OF the Erie
Company, with the most satisfactory results.
THE COMPROMISE NOT STOCK OPERATION.
8. L, N. Barlow, when questioned In rela,
tion to allegations that the Erie directors had
Joined Gould Tor the purpose of makiBg a sue
cessful slock combination, stated that the as
sertlons were entirely without foundations
that The greater number OF the Erie directors
knew nothing about the matter until they
were summoned to the special meeting on