New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-03-22

D.. =.
for US. I kept at that time private secretary MT
Nolan but don't know his address. also kept press
COPIES OF my correspondence although don't think That
have a press copy Of that particular letter, Dnt VIII
search. had another conversation with MI duncan
some time after 1T ms house, 1t only reeapitu'
ation OF the other including the Importance OF re-
organizing the company and getting strong names.
Mr. Gould was here asked II there were any terms
proposed in regard TO the reorganization, and replied
that tue only condition he made that all the large
railway interests Lebgh Valley Pennsylvania Central,
etc. the coal companies, should have an equal ln
terest that the interests should all be satisfied Tue
old directors were to go out voluntarily. lie tod MI
Duncan that no would call Messrs Morton Barlow,
and day or two aftorward Mr. Gould had "a meeting
with Messrs Duncan, Norton and Barlow, when the
two latter were made OF what had passed between
Mr. Duncan and himself, and names were mentioned Ior
the new directory. Ny name said the Wlthess was
10 he in; also Erastus Corning, Edward Eldridge OF
ElmIra, Henry W. Duncan, Levi p. Morton, H. d. Nor
gan J. r. JOY, Geo. f. ODhant John Even, Asa
Packer Horace f. Clark, and j. g. Morgan or j. y Nor
gan & Coz London; then discussed the proprfety of
the change and also whether IL would need the APP
prevail Of interests in Europe-the Raphael ana Bschons
helm interests; IL there should be any trouble In
getting old directors to give way to TINS programme
Of ours should Immediately procure repeal OF TINS eX
sting Classification BILL and order for new election
which would allow US TO 20 on as we controlled ~ much
friendly anything that would benefit the Erie II was
agreed that Mr. Duncan should to Europe with TINS
pan and also agreed between us gentlemen that
Bschonshem and McHenry in Europe refused to concur
and cooperate that would go on, nevertheless, and
carry through the arrangement had my first c0mmu-
ncaton with Mr. Lane this subject some time altef
this Lane said he willing to resign and aid in pro-
curing other resgnaons. Other directors sald they
would resign.
LANE AND THE CONSPIRACY.
In February following had an interview with scott
OF the Pennsylvania Central at the Breyoort House.
While was there Lanes card came up. Lane told me
then that there great conspiracy; that majority
of the directors had been purchased and were only
waiting for funds from England to carry out the plan
that they thought they could rely him to help. but
they hadn't money enough to change him. He said he
was told by Willard that 100000 would be put to his
credit In the Trust Company he joined n but money
was not going to buy him. He had always been true
to him Could and would remain firm TO the last-"a
statement" added Mr. Gould, that took at some dis
count" (Laughterl think he told me &0O,0W was the
price different directors and think he mentioned
George c. Hall and Justin ID. White. Simmons was 10
receive $4,000 Mr. White, $4,000 Otis to haye-I
don't remember what. Rimsde he said-and was sur
prised-was the largest he had TO bargain with.
Laughterl Ssson's name was mentioned, L think.
Lane said the preteXt for calling the meet
ing would he alleged necessity for the action OF the
Board the question Of settlement with the Atlantic
and Great Western, who had claim against us, and We
disputed it, He said there great danger in calling
the meeting. The money to come from the Atlantic
and Great Western, aud from Bschohsheim ana Nc
Henry. called meeting OF the Executive Committee
for March IL. and that day called the meeting to
order aud made motion to adjourn before any action
could be- taken the resolution to call meeting OF the
Board called for the yeas, aud declared 1t adjourned
tLaughter.l
O. Can You say who made the motion A. / did, and
declared it carred-aughterl; the next thing was the
call for a meeting by Mr. Arches. which was no call at
al, and my theory was that the most they cohld DO
would together and resign but that every
thing they undertook to do IN the filling OF those names
was void and Illegal
Mr. Gonld described briefly the scenes the memOra-
BILE day aud night OF revolution in the Erie Office. and
after speaking of his quick resignation a. director
continued
ARCHER's FREIGHT CONTRACT.
Ihaye general knowledge of the management OF the
Erie Road my resignation, and have high opinion
Of it, do not know the terms OF the contract which
Archer holds but consider it a lucrative The orig
na contract regular contract book OF the Com
pany The service he renders under IL IS as foOws lie
receives all freight arriving ut Jersey City puts 1t on
lighters brings IL over, delivers it, and collects freight
The westward freight delivers to the trains on the
other side. know nothingOf my personal knowledge
Of any sums money having been paid to directors in
consideration OF their reslgnng, put understand that
such moneys paid by the Atlantic and Great West
ern Railroad, and that it has not been reimbursed by
the Erie Road. Up 10 a certain time l opposed
the repeal Of the Classification act. but used no
other means than paying travelling expenses OF certain
persons. / know nothing of the Of money In the
Legislature make It point TO inquire about other
peoples business. 1 have heard that Mr. Archer and
Gen. Diven made arrangements. but don't know
what they were. in Albany only two hours during
the last session OF the Legislature. met Senator
Madden and Mr.. Blskey. l may have gone on purpose
10 meet them. 1 do not remember. didn't put my
name on the register wanted 10 rest IL had paraded
myself people might have said aotuated by im-
proper motives. wanted 10 90 quietly, look around
little and come home do not remember having had
interviews with others than those named. will not
say that did not saw Mr.. sherman. counsel for the
Erie Road.