The Portland daily press., 1873-09-23
College Politics.
BRUNSWICK, Sept. %, 1873,

To the Editor of the Press:
notice in the Press of this morning what
purports to be list of the officers of the Sen
ior class of Bowdoin College. If you will allow
few words of explanation it will be great
favor to majority of the class.
Through what now seems to be mutual mis-
understanding two parties were formed in the
class; the one consisting of the members of
three secret societies and four oudenS; the 9TH
er of the members of the remaining two socie-
ties and three oudens
AT meeting called for the purpose of hold
ing an election, Friday afternoon the Prtsi.
dent being absent, and the Vice President hav-
ing resigned, no one present was willing to be
elected Vice President, so as to perform the
duties of chairman
motion to adjourn till Saturday morning
was made and carried by the casting vote of
the Secretary who presided temporarily. The
nrst party consisting OF 16 men then withdrew
to private room and elected their ticket, the
one printed in your paper, giving as their rea-
sons for so doing that one man who voted for
the adjournment, being temporarily suspended
from college, had no right to vote. This same
man however, had the express permission of
President Chamberlain to return to Brunswick
tor the sole purpose of attending this election.
AS he had voted on four questions in the
meeting before adjournment and his vote not
being questioned at all then, it already was
not in their power to decide the matter SO
arbitrarily as they did after this withdrawal.
On Saturday morning at the hour specified
at the time of the adjournment, the meeting
was called to order by the President of the
class, who had arrived the night before. At
this meeting there were twenty-oue men pres
ent One OF them, member Of the first
mentioned party, rose and read statement in
behalf OF the absent members giving no rea-
sons for their action but regretting that there
mad been misunderstanding and intimatng
that they would withdraw from all future po-
iltlcai connection with the class. After stat
ing, in reply to some heterogeneous, that
he was not authorized to speak further for his
party he withdrew The remainder, twenty
ID number then proceeded to the election of
their ticket which is given below. A commit
tee was appointed to confer with the other
party and there the matter rests.
Objections are made to their action for the
following reasons:
lst They had no quorum, there being but
10 men at their meeting, while there were "a
In town at the time of adjournment
I'd. They had no President or Vice Presi-
dent.
Sd. The meeting having adjourned, without
a remonstrance from them at this time till
Saturday m ,rning, for the purpose of holding
the election, no meeting Tor the same purpose
could be held meanwhile, called by minority.
4th. No call for the meeting was given as is
customary in all college and class elections.
Marshal, w. M. Payson; President, Harry
johnson; Orator, C. M. Ferguson; Poet, f. W.
Hawthorne; Chroncler w. T. Goodale; Proph-
ct. A. G. Bradstreet; Odist, A. L Perry, Chap
lain. f. X. Wheeler; Parting Address at toe
Tree, H. V. Moore; Committee on Music, c,
ID: Hunter. G. A, Pike, A. H. Powers; Cor,
mittee of arrangements, G. b. Wheeler. :, w
Pray, Thomas Kheeland,
The NORTHERN PAcIFr.-Gen. Nettleton
agent of the trustee of the Northern Pacific
INFORMS Srorter of the Philadelphia Press
Una. Jay Cooke & Co, do not own majority
OF the stock. The railroad company loses
nothing by the suspension of the banking
house, as it is largely indebted to the latter
The railroad company has no floating de BIT Of
any consequence aside from what it owes j. C.
y Co. and has few liabilities falling due be-
lore January next, when half years inter-
est is to be met As this is three months off. it
Is expected that the stockholders of the COM
pany VIII by that tipe have completed other
financial arrangements which will provide for
future needs The Pacific division of 100
miles, connecting the Columbia river with Pu-
get Sound at Tacmoa, is nearly finished, and
TINS, with the Eastern division uniting the lakes
and the Upper Missouri, forms a completed sys-
tenn OF rail and water transportation which will
soon be prof table, independent of the further
construction of the road through the interior
of the continent.
The company has earned about ten million
acres OF its land grant already, and the title to
TINS is not dependent on the completion Of the
line. The finished portion of the road and the
land grant already earned being both mortcaoed
to secure the outstanding bonds, the ultimate
security of the road ought to be beyond doubt;
but. OF course, these murtgaged assets could
not be turned into cash at once, and it would
be very unwiSe for holders of tho bonds 70
throw them on the market during the present
excitement. They are worth far more to hold
tnan they are to sell under present circum-
stances.
1t is likely that work will be pushed forward
on the road next spring Jay Cooke & Co. are
not in the debt of the Northern Pacific. the
latter owe them considerable, but all viii be
promptly settled