The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1872-03-13
NEW YORK.
.i%A 20 EJ1TT|t2 esGa t-gagfN
THE ERIE REVOLUTION.
III -n i-E .-
Jay Gould Resigns the Presidency
GENERAL DIX TAKES POSSESSION.

FIsKS FRIENDS EXULTANT-GENERAL Salts
FACTION OF THE PUBLIC WITH THE CHANGE.
New York, March 12-It is stated that all
the late Jim Fisk friends, both in and out of
the Erie Railway are rejoiced at the smash-up
OF Gould who is reported to have been for the
past year real enemy of Fisk, while pretend
ing to work with him, and also that Gould
cheated Fisk widow out of certain stock of
the Elmira Rolling Mills. q"
Ihe news OF the overthrow of the Erie ring
seems to be received everywhere with satisfac,
ton. The morning papers regard the results of
yesterday as great triumph in the interest of
honesty and reform. - 44
The Herald says mo coup Retat has resulted
in more entire success since the famous second
OF December at Paris, when the Assembly dis
solved and the leaders were transferred from
their benches to prisoners cells ;" 1t adds that
lew days VIII disclose history of proflgacy
and crime that will astonish even those who
have appreciated the character of the Erie
ring. al 90
The World thinks 1t useless for Gould to at
tempt to make any resistance to what has been
accomplished f4'il' y'f7t -lal '.F w
The Tribune says that the Legislature should
at once order an election of Directors and put
the action beyond any question Of doubt
Nearly all the attaches of Erie known as Fisk
men have cheerfully given adhesion to the new
regime One portion of the Grand Opera House
is yet filled with gangs CT men under the employ
of Jay Gould, while the other portion Is occn-
pied by the police under orders OF the President
GOULD ATTEMPTS TO STEAL THE RECORDS
About IL o'clock last night a gang of Gould's
men went into the safe and were discovered
carrying aSTay books and papers 70 Goulds and
rested and the books recaptured, but not until
several transfer books had been secured by
them. Fields clerk secured quite number of
books and placed them in charge of his en-
ployer. aasf
THE RING RELUCTANT TO RETIRE
Jay Gould remained locked in his room this
morning, the new Directors maintaing possess
sion of the remaining offices. The police were
relieved at s o'clock by a squad Of fifty men
from the different stations, The entrance to
the Opera House is securely guarded The po-
lice maintain strict neutrality, oheying the
orders of both Gould and Archer
The manifesto or Joy Gould which was put
on the building has been torn down. There has
been no disorder either inside or outside the
building. t-.t-oe-as ,rr -,.--
The Directors held a meeting about noon at
which Gen, Sickles was present They passed
resolutions that bona fde stockholders shall
hereafter have full exercise of their rights to
control the direction of this Company and the
Board will do all in its power to bring about the
result, also approving the bill before the Legis-
ture repeating the classification act
EXPOSURE OF JAY aoULD,s OPERATIONS
Mr.. Ramsay, ex- President of the Susauehan-
ma Railroad, says the amount which Jay Gould
has not accounted for of the proceeds of the
enormous sum of SOL, 425,71O, Ramsay gives
consecutive account TO the Herald of the pro-
ceedings of Gould from the time he left Zadoc
Pratts tannery, at a loss to Pratt of SIC, 600,
down e IN to the present day, duplicating EldFedge
OF Boston in an operation, By which ten mil
lions OF Erie money was turned over to him by
Jay Gould and Fisk, the manufacture of stock
and other similarly illegal movements
/ GAY GOULD PUT OUT iii
Neac York, March 12,~-a 80 p, MA meeting
of the Erie Directors resulted in jaw Gould
and eight Directors being voted out and they
Presidantfs room and the Erie building are in
charge of several hundred police -.----5 .
GOULD RESIGNS.
The resignation of Jay Gould as President of
the Erie railroad is said to have been accom-
plished as follows: Gen. Siokles was empower
ed by the board to offer the ultimatum, that
Gould, Eldridge, Sherwood and Drake be per-
mitted to retain their positions as directors if
they come into the sessions of the new board
Gen. SiekleS with much difficulty gained ac-
cess to Gould's stronghold where, after consid-
siderable discussion, the terms were acceded to
These gentlemen attended the session at which
all the acts OF the new board were confirmed
and Geuld's resignation was offered and ac-
cepted. Lynch and his men were dismissed:
order was restored and the police left the build
ing. Gen DIX then took formal possession of
the Presidents room. 1t is rumored that Judge
lngraham, who is at home sick, he's issued an
attachment against John Hilton, one of the
new board for alleged contempt In violating
the injunction yesterday, 10 f-...s
ACCIDENT TO A SOUND STEAMER
On the Sound during the dense snow storm
last night, the steamboat City of Boston,
which left New London for this city yesterday
afternoon is reported to have come in collision
with an unknown schooner about forty. miles
from the city. No lives were lost The steamer
was greatly injured, the bowsprit of the sailing
craft having entered the port side, Just abaft
the wheel mousse Several state-rooms were
carried away and it is said that the boiler was
greatly damaged, but fortunately did not ex-
plode, .,i.
GOOD MOVE.
ALBANY, March 12.-In the Senate this fore
noon, bill was introduced repeating the act al
lowing sectarian schools to participate in the
school fund and all schools using part of that
fund must be under the jurisdiction of the
Superintendent of the common schools.
The Comptroller of New York city has re-
ported to the Senate to-day, that 81 452 TIC has
been donated to charitable and religious insti-
buttons from 1850 to 1871. ~
CITY RAILROADS.
The Senate Committee ON Railroads has made
Q unanimous report in favor of bill, authoriz-
ing the Metropolitan Transit Railroad; 1.-THE
three tier road,) to construct railroads in the
city of New York. ''s