Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1872-03-12
LATEST EEhEGRAMS.
specials 90 she ledger.
..'i''.' s .:s:s s.:ss's sss y. s. T.
r IN Wv EeIl

~ NEW NORK.
ReyoIution az the Erie- tompan.
Directory Jay Gould Oustesi :
Great Exeitement az Ihe stock FIX
change and ON the stree's-
j "A New York. March l2.-Yesterday i
! Wall street was memorable. The intel
ligence of Jay Gould's overthrow an
the revolution, il the. directory ofith
Erie company caused the widest exotic
ment. Several rumors were circulated
on the street, one being that Gould ha'
been arrested, which increased Ithe ex
citement on the street aud at the 'Stocl
Exchange. AS the day passed ON ant
the real facts became known, the excite
meut partially disappeared, and AT Chi
hour Of closing business the feeling be
came s more quietyrl "A rqmorwas current
and found many believers, that an as
saultwas meditated on the safe of thu
treasurers Office, on the first floor o
the Erie building. The Dix men wers
in possession Of tsis building, and re
solved that any such attempt should b
resisted. A strong force was placed on
guard for the protection Of the treas
urer' office. The American committee
of Erie stockholders considers the new
movement of last evening in changing
directors as b victory for the Atlantic
and Great Western managers.
The latest intelligence from the Grand
Opera House lN-30 am states that
Vice President Archer and a posse OF
friends were sleeping in the directors
room and patrol was guarding the
lobby. S Jay Gould was occupying a
small corridor, about two hundred OF
his adherents being with him.
The Frib6nels special from Albany
says dispatches received there relative
to the proceedings in New York of the
Erie directors have created con sirable
excitement. Passengers by the mid
night train brought NEST authen tic in
of intense excitement ii'H
1t has been, developed that two at
tempts were made last might by Shear
man and Field, the former counsel for
the Erie company 70 obtain possession
Of documents in the treasurer office Of
The Erie building. The first attempt
was made by Sherman in person. while
he secret session of the board of diree-
tors was being held, at 4:3O pin. He
attempted to obtain entrance 10 the
Presidents room and extract the docu.
neEts, but was intercepted by General
Sickles, who took possession of the
room. The second attempt was made
1t. l2;l6gthis morning by Mr. Viii taker,
clerk Of Fields, but ike. the frsis was
unsuccessful. Erie shares were q uoted
asst night at the Fifth Avenue Hotel,
1t s6sc.
All the morning papers discuss the
evolution in the management Of the
Erie company. The Herald says: 'HOews
II the overthrow of theaErie ring is re
,eived with satisfaction, and wll restore
,ur credit abroad" nam
The Tribune regards this as provi-
ional only, and says there must be an
H.H d a u
lertion by the stock holders, and calls
IN the Legislature to order an election
orthwith. 4 \
The Times thinks the action of yester-
lay will not interfere with the passage
f measure repeating the Erie classifi-
alton bill. 1t also advocates a new
lection Of directors, and considers it of
he highest Importance that the road
hould be controlled by. agents fairly
.hosen at an election.
A stay of proceedings was granted to-
Icy in the case Of Foster, the car-hook
murderer. sr4ts9aa YsHgl
Erie affairs are quiet to-day. The
parties seem to be preparing for a sec
md days struggle. Gould is contest
ng the authority of General Dix, the
new President, and he has issued an or
Ger fOrbidding employees to recognize
any of the newly elected officers author
ty. The police still guard the, Presi-
dents room 10 preserve peace.