The New York herald., 1873-11-13

| sprague creditors as was at nrst given out. and
| certain dark doings are limited at which make 1t
apparent that "ior ways that are dark and tricks
that are vain" the political factions rival houses
| OF Rhode Island are noted. What was frankly
| stated to your reporter by Mr.. hurston on Saur-
day about these secret dongs and the trap which
few designing persons in vain attempted to spring
upon the meeting Is now confirmed by the Sprague
organ. which makes
a HOME THRUST
at the organ OF the Brown aud Ives faction by say
ing, In reference to the expose limited at and which
has become the general topic OF conversation, that
"a political cabal was created. and held Its sessions
during the exciting days Of last week. looking to a
crushing process unless their fullest demands were
met, irrespective Of the interests OF thousands OF
our traders bankers and capitalists; but their
minority OF one on q certain committee did not act
with the shrewdness required" The Brown and
Ives organ in erroneously singing out Ex-Governor
as the person limited at as the author OF these
efforts to defeat the plans OF the committee thus
evades the real issue and thiny remarks in to-
days issue:-
Although the name Of Governor smyth was originally
proposed Tor one Of tho trustees and he did Decline
yet is understood that majority of the committee at
against It And even Il could be SUPPOSED
@ es 50 an Sa e
Is quite out OF me question to suppose that
received the unanimous assent of the creditors.
The reasons advanced against Ex-Governor
Smyth Were am informed, not on account OF his
many important engagements, but from known
and deeply-rooted personal dislike and hostility on
the part OF % some M persons towards the Governor,
tempt to explain away this TACT.
THE POLITICAL CABAL
which held secret sessions during the Sprague
crisis TO lay their plans for the meeting are, as
learn from good authority no others than some
OF the faction which has worried the Spragues for
a long time and the sessions were held in the
well known ONCE or back room where the plans OF
that party are always hatched. The organ OF
Brown Ives fastened in the first days OF the cr-
sis to send one OF its labored editorials over the
wires 10 contradict the statement, viz, that the
banks here confessed their inability to afford the
needed temporary relief; but the organ to-day is
statement about the banks is unmistaka-
bly, confirmed BY the same paper, when
1t says:-"rhe banks, on application, appointed
committee to examine into the Sprague affairs,
ana no oe ana
istic champion OF the Brown h Ives house further
says. tnat the house was deceived, or, in other
words was incorrectly advised by the Sprague's
when the said Brown 4 Ives advanced a certain
loan. but, be It borne in mind, that loan was not
given until
THE TEMPTING OFFER OF TWENTY PER CENT
was made, and yet we are unblushingly told that
in this great twenty per cent loan generosity the
William Goddard Royal G. Taft Thomas p J. God
dard and Rufus Waterman. all OF the Brown Ives
family Thus with cries or
DECEPTION, FRAUD
and political trckery, 1t viii be seen that all is not
so healthy, sound and harmonious as certain zeal
lieve. Gradually the 1acts are coming to light and
the showing is anything but favorable to the IN
corruptible God save the mark y parties of the
State OF Rhode Island and Providence Plantations.
THE WAR BETWEEN TIE RIVAL ORGANS
here continues, and the notorious personal and po-
litcal hostility OF the two houses is well illustrated
in the opposite positions OF these two papers.
BY special advices from Augusta. Me-. 1t is
learned that the affairs OF the Coburn Land Com
pany in which the Messrs. Sprague are largely IN
terested, have been transferred to the manage
ment OF Ira d. Sturges and Colonel H. A. Dewitt OF
n.
ger and Colonel Dewitt the financial agent The
new board have already taken possession OF the
ONCE and are examining the books OF the concern.
1t will be remembered that the company was in
corporared by tine last legislature with q capital
not to exceed $1,000. 600. 1t was vast timber land
in the northern part OF the State, purchased OF ex
Governor Coburn and his brother. Among the
officers of the kennebec Land Company chosen on
the evening OF the 10th inst are Amasa and William
Sprague, and this company is hereafter to run the
saw mills OF Augusta, formerly run by the Coburn
Land Company. The property OF the latter COM
pany Is so situated, being under a mortgage for
900 to A. p. CoDurn, that 1t Is pronounced
sale from attachment for any OF the Sprague lia-