New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-04-23

ReSorcd That the following etter ne enereu ON ,ie
minutes and proper reference to and to the proceed
ings the Board placed upon the books OF the Com
psuy and the President be Instructed to inform Gen.
'"'''" GEN. BARLow's LETTER.
STATE OF NEw-YoRK, OFFICE OF THE
ArToRNEY- GENERAL, No. 81 PARK-Row.
NEW YORK, Aug. I6, 1872.
To the Board Of Directors Of ne Eric Rdrdy Company
--GENTLEMEN: I have just been told that the books
of your Company contain entries Of certain paid
These items in the account Of Gen. Sces with the
Board, am informed These entries give false I'M
/ was applied by Messrs. Eyarts Southmayd, and
swan, representing the Heath and Raphael stockholders
Messrs BschOshem and GOldschmdtt bring an action
10 Dust the then directors OF the Ere Halfway COMPANY
which action could only he brought by the Attorney
General Believing that irregularities and msmaaage,
ment existed consent TO the DrlngnE OF the
suit This litigation OF course would require the en-
poyment Of numerous counsel and involve great eX-
that the stockholders whom they represented bear
these expenses they should not fall the State as
est and there was no appropriation for ltigatons OF
such magnitude. further stated that would give
such personal assistance the other duties OF my ONCE
PERMITTED and that must direct and absolutely cOntrOi
the htgaon that the counsel must DC ha e,
and paid through me- that they should consider the
selves the counsel for the people, and not
rival interests represented by MT swan and Gem scies
All this Of assented to. IL soon became EVIL
suits eectua and gave what assistance could TO pro.
cure this and at time the contest for the repeal
of paving counsel as above stated Gen sickles placed
in my hands the following sums OF money: $50.
J,H $50: s3o
March ., %'VO
ACKNOWLEDGEMENTS. Sl2WO
This money paid out entirely in the retaining
sci and some other Incidental expenses. 10000
pH MI N.Y. T 1,r.1 500 90
some Other minor Teisinsrs and eIpens...... 2is2 81
This left balance Of sc7 49, which after the close
a. the campaign and on April IS, 1872 paid to Cen
sickles, and thus closed the account From no Que
whomsoever have directly or indirectly received Que
penny for any services Attorney General nor ever
penny from either the Erie Railway Company, or
Gen. sckes any OF the OF the road Tor
purpose whatsoever, except as above stated The
liberal offers OF compensation made by the gentlemen
aboye-named declined for the reason that qua not
think proper for the Attorney to receive any
action. I would not trouble you IN this mat
Ter IT not that these entries ON your
been retained 10y the Erie Railway Company, aud the
lapse OF may render 1t difficult 70 explain the mat
greatly obliged if you will cause entry be made lin
place of those above referred to- TO the eec that these
amounts paid the Acknowledgement FOR the pay
mcDt counsel retained by him. and incidental eK.
me road" better still that they were made TO Cen
Sces these purposes never dealt with the road
Shall he clad TO SHOW TO any person depued by your
selves the vouchers showing the disbursement OF the
preserved among the papers of the Company. Yours,
respectfully, FRANCIS Q. BARLOW Attorney-1eneraL
TESTIMONY OF r. S. EVANS.
Richard s. Evans testified that he lived IN London En-
gland wished make the statement, for the benefit
of his friends England that be did not appear before
the Committee vOluntarily ne said that his business
was TO assist in making foreign loans. and that he had
had large experience in negotiating Erie interests and
that he had been dealing in Atlantic and Great Western
longer than he had Erie; the consolidation was for
the restoration of credit Europe; the stock
holders in England represented by directors here
and Mr. McHenry 10 London; the London stockholders
invested in ther stock account OF the representations
of Mr. McHenry in Europe as long as u was sad tnai
Gould and Fisk had nold OF me Eile l4au VO
fha CfO
10 get such management of the Erie as would Duld up
Atlantic and Great Western Railroad would have mar
ket in Europe without being connected with the ETl;
there such thing in England as controlling lal
way by buying up the stocks, or by corners" and
bearing" cannot be done there as here shares are
there held for the individual interests oil the persons
concerned; have heard in London that large sums OF
money were expended to overthrow the Gould adInlhs
tratiOu have heard that BischOiSheim Goldscnhlut
aud MclIenty were 10 be reimbursed, and 70 nave re-
turned TO them what they have e1pended ca, linz bhd
commission of u per cent was paid ana 90 not I1lhk
SION negotiated some of 1t, and would not take IL
The witness then said that he did not Of money
ton. but what he thought, was spent IN attorneys
fees there transfer agent Tor the stOckhoder OF
the Erie stock in England; he did not know that MI
McHenry largely represented English shareholders OF
the Erie at the last election but ana know that az tne
next one Mr. Watson would represent their interests MS
VEN laying ont now for themselves naugnterl
the whole Of fbe Erie stock now held in England is IN
the hands OF the British pubic generally ana II Sves
holders arc a distinct of people from those of the At
Iantic and Great Western Railway, and have never
made any bargain with them the proxies held IN In.
gland OF the Erie generally given to the President OF
the road the most interested he holds shares IN
Tie Erie and the Atlantic Great Western, but would
not sacrifice one interest for the other
TESTIMONY OF HORACE F. CLARK.
Horace +. Clark testified: have had occasion to eI-
anime the Railroad law Of this State in relation TO CON
soudation it prohibits consolidation Of parallel lines
the laws in relation the leasing Of railroads
defective and there only act authorizing the lease
of one road by another which passed in 1882 aud is
the whole Of the legislation of this State upon that sub
~ stockholders by this act have no voice. the direct
or can sweep the road OF existence If they choose;
a r,ad cannot be consolidated without the consent or
breeourhs OF the shareholders but 1t be leased
xgitbouJ their consent by the directors thlpK
leasing OF the roads for the protection OF the
mpOrlty stockholders; was IN Albany when the ois-
cnsson OF the billiard bill" took place. and at the
zine sone OF the most prominent railroad men III the
tate we're before the Committee never appeared De-
yore committee Of higher grade, ana tnhk that any
snegestiOn that any money was use0 10 lnnuence he
~ IA sander: not a single dollar OF money was used
either with the Legislature the Committee 10 lnDuence
Them the question before them was OF conn0n concern
70 All railroads; had no interview with MI hliaLd
think no person had any interest IN the suPoet
would advocate the Pro Rata bill thaI kne
of bill would inhtct the Erie Runway
burdeu that would be destTuctiYei the fIO ha'a puI