Rock Island Argus. (Rock Island, Ill.) 1871-1872, 1872-03-13
New Hampshire Election
General Summary
Market Reports.
IRspoytsd Expressly forth Assus.l

NEw YoRK, March l2.-The news Of the
overthrow Of the kris Ring seems to be
received every where with Satisfaction. The
morning papers regard the result of yes
terday as q great triumph in the interest Of
honesty and reform. The Herald says no
coup de tat has resulted in more entire
success since the famous I'd Of Decem Der at
Paris, when the Assem- bly, dissolved aud the
leaders we're transferred from their beds to
prison celia. IL adds that few days will
disclose the history Of profigscy aud crime
that will astonish even those who had sp-
preoiAtsd ths character of the Erie Ring.
The World thinks il useless for Gould to
attsmpt to make any resistance TO what has
been accomplished. The Tribune says the
legislature should at once order the election
Of directors and put its action beyond any
question of doubt.
1t 10 stated that the friends OF the late
Jas. Fisk are rejoicing ., the smssh-up Of
Gould, Who is reported 10 have been for ihe
past year . real enemy Of Fisk and also that
Gould tried to cheat Fisk's widow out OF
certain stock of the Emira Rolling Mill.
One portion Of the grand Opera house 10
yet filed with gangs of men under the en-
ploy Of Gould, while the other portion
buo POliSo NV OIoeAn VI shC
new President.
Henry Sherwood, one of the Ring Dirsc-
tors, who has not yet acknowledged Gen.
Dix 90 President, says the whole business Is
the work Of the Atlantic d Great Western
Railroad company, which desired to get
control of Erie with . view of using il in
helping the former road out Of its liabilities
Dispatch from Albany say the new,
spread CONSERVATION among the Lobbyists
and rural members Of the legislature, who
we're expecting to make q great deal o
money out Of the bill now before the legis'
lsture for repeating the classification act
Mr.. Ramsey, ex Superintendent Of the Sos
quehAnns railroad, says the amount which
jay Gould has not accounted for, the pro
eeeds of stock and earnings Of Erie, i
enormous.
The new directors of Erie yesterday treat
: ed with contempt . letter written to then
after they took possession of the room b
jay Gould, offering TO place his ssignatio'
iu the hands of Horace Greeley, on cond
= ton that the other dirsosors do likewise
and new board be formed. Gould prom
ises to make q legal fight against th'
new men.
Gould aud several of his adherents, O
well as Archer, vice president of the ne
board Of directors, remained st the oper
house, the Erie headquarters, during th
whole night. About 3 A. NJ some of Archer
men we're falsely alarmed by the repol
that q gang of Gould's, under one Lynch
was trying TO take possession. 1t is sal
. that Lynch made q proposition to Aver.
which was accepted, promising to vAcste tt
1. place for 81 800.
y Lawyer Sherman, at 4 An, had Ion
Il consultation with Archer on some propos'
from Gould, the nature Of which was M
known.
Lynoh's band tried to approach ID
treasurer's room, but the force caused the
N to desist.
At the stock exchange to-day, Q lett
| vas received from Secretary Otis, of Il
Erie directors, announcing that the prese
amount Of capital stock Of the Erie comps
U nv is about $4,000, 900. The transit
books are closed until further order
.. There was also notification Of the eIectit
a. Of President Dix, and that @ motion W
m. adopted unanimously by the new boal
g. that the resolution Of the Erie executi
4. committee passed in January, 1877
authorizing the issuance of $22, 100000
10. bonds convertible into stock be resciude
and the stock exchange was notified Q
. cordingly.
Jay Gould remained locked in his roo
this morning. The new directors remain
possession Of the remaining Offices. It
police we're relieved by q squad of so m
IN from different stations. The entrance
y the Opera House il securely guarded. T
police maintain strict neutrality, obeyi,
the orders Of both Gould and Archer.
mspifesto Of Gould which was put on {
building was torn down. There has be-
- no disturbance about the building.
- The directors held meeting at noon
which General Sicklss was present, and pa
ed resolutions that the bona 6ds stot
holdsrs shall hsrafssr have full exercise
IN shsir rights 10 eea,rol thu dirsotioa Of