The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-02-26

CONTINUED FROM THIRD PAGE.

which win bring the last payment two months
hence about the time the Legislature Will adjourn.
By Inc way, nave not yet arranged with you Tor
what you are to receive. Come to my ONCE in
Broadway this afternoon, and we VIII NIX II: Let
on our way down Mr.. Lane informed me that he
did not wish me to enuorse the checks. They
would pay me at the Tenth National Bank, upon
winch they were drawn If not one OF MS clerks,
Mr.. Denman. would get me the money. TINS
aroused my suspicious, and therefore, determined
to deposit them, draw against them and see what
trick being played upon me concluded to ascertain
what was.
Our ride was devoid Of interest to the public ex-
cept that during our conversation Mr. Lane re.
marked, in ans ver to q question from me, that IL
cost the Erie Road large sum yearly to keep the
II Clinton place where Mr.. Lane and myself
alighted, and where babe HIM adieu.
rived at the once. Alter leaving Lane mad gone
to the Grand Central. partaKen OF some relresh-
m men's p aes to carry out the
last act Of my scheme. / made my way
70 the Park Bank opened an account and registered
dealt SO long with such slippery customers 1t was
really no deception. ! made my deposits. Did
one cneck, and could use a blank. waited until
twelve O'Clock on Wednesday. when l sent in a
check to bearer for $500. 1t was not paid. Mr.
Lane could not be found to certify MS endorse
ments. l saw him on Thursday He was very Ac,
dropped In 10 see how ne felt.
THE SIEGE IS SUDDENLY RAISED
"What Is the meaning OF those blasts In the
HERALD this mOrnngY' ne asked, eXcltedly. had
apprised all my cO-workers That my scheme mad
been successfully carried out, and having released
them from their promise 10 keep quiet they mad de-
termined 10 make up Tor lost time. The consequences
was that the Erie Ring got raked by two editorials
and dash from Albany. left Mr.. Lane n oad
humOr ana went 10 the Park Bank and wltndrew
my checks. They are now in my possession . ana
may serve as curosltleS TO those STOCKHOLDERS VINO
have often wondered where the earnings OF the
Erie Road so mysterOusly disappeared.
WHAT THE SPY THINKS OF HIS GREAT CAMPAIGN.
My dealings with the Erie Ring III the above neg0-
tiatiOns covered period Of about six weeks Dur
ing That time was frequent visitor at tneir omces,
and sustaining confidential relations Win many N
the managers OF it, | had abundant opportunities
for seeing how the "old thing worked" freev
express the behel that more interruptions set OF
rascas existed than those that are at present
controlling the destfnies OF Erie. They are ull.
dOubtedly bent upon retaining control OF
the roac, and VIII use every means IN
will spend hundreds OF thousands OF dollars year
to continue IN power, Tor they will even then make
millions OF profit II neecing the poor stockholders
can be dignined by SO respectable o title could
name one OF tnelr tools who told me that he mad
bought up Legislators both at Albany and Trenton
Tor the road, and had used piles OF Erie money for
similar purposes. An investigating committee ID
clearly needed III the case of the Erie Ring and did
the Legislature appoint one fully believe that such
mass OF evidence would be unearthed respecting
tine rascalities OF the Ring as would make
the world stand appalled, at the vlany and bold
ness OF that unscrupulOus clique The Dill 10 repeal
the classification act and the Attorney Generals
and ought TO be passed at once, for che reason that
the Ring are afraid OF them and are using everv
them be passed and end at once put to the great
est financial scandal that the city has ever had to
bear the Onus of-the Erie King OF Archer, Lane
and Gould.
am sir, your obedient servant.
NEW YORK, Feb. "a, 1872.