, 1873-08-07

| Tho RInssnchusctts Democrats.
nosroN, Aug. 6.-1he Democratic state Con-
tral Cotnmittoo hold a meeting to-iav nnfl na-
signed Sept. s as tho timo and Worcester tho
place Tor holding tho regular State Convention.
NEW YORK.
Further Developments Concerning
the Combination Against Erlc--7I clta-
bcrs Of the Usattcsi statcs Senate
Election Committee Notified to Meet
in New York.
| Special Dispatch 10 Tho Chicago Tribune
NEW YonK, Aug. G.-Iho sensational story Of
tho Btook-1obbing operation by Which the boars
sought to dopresB Eric with fictitious suits,
specially toiegraphed you yesterday, was pub
lshod hero this morning, and created
intense excitement in Wal etrcot.
Tho echome was known to somo
OF tho bulls and suspected by others hut tho
nows cauo liko d clap of thandor to most, and
fears aro still entertained TINT tho scheme will
yot succeed, in spito of tho fact TINT 1t is do
nqmncod n1 generally Tho Tribune said oditorially;
the past to affect tho price Of Eric stock that il
IL not strange that tho bears in Wall street sock
10 dopfoss 1t by instigating suits to declare tho
, .he acts Of tho present Directors Illegal, and to
first suit ia bascd on tho fact that Eric latoly
paid dividend on its common Stock pospibIy
it waa illognl. At any rnto it WIS 30 irregular d
proceeding on tho part of this particular Com
diaaioctod rho ant to traw 1vnG thp oison n wau
into bankruptcy is based on the failuro ly to pay
| tho intoreat on u, oo0, GOO Of guaranteed bonds
| OF the BHooston, Ho Hartford j. Eric Railroad Com
pany., Tho guarantee Of those bonds was Oh
tanned by such fraudulent conspiracy III justified
| tho ropndintion Of interest, principal, and ALL
Wo publish elsewhere tho news which wo have
affected Wall street for several tovs nnst us hus
we warn a1l who roai Il that thn nyifa'n,, ia1., ~
stock-jobbing arc yory strong" Tin snn,n
papor hoalod tho rews articlo "stools Jo,h;nv u
benr moYomont. tn ,na;tvo io,a'.o !, ~ a 10
nounoitg Oh operation IN With TavnM3d traso ~
tho TIMES insists IN calling tin ownor ~ ~
Tribune, s moro arcoly interested thnu " os1,op I
person, PUZZLED 1nunv win Lova on,outo1 ~.
rivals story as true GnuI1 ia ;nma,so$ :, aat4
Of stock and if tho rroscnt atto.nnt hnot1
Eric ia not deplcssod in Gmo tn cnvnr III. ha
shorts ho. will DO hoayy loser, M
Goulds prestige ii tho street viii be- rono aeT + IL
known tLat Go VIVA ~ sop;o"a1v h 70 Suno ~ ~
the late miniature cornnr ot~'T IN Isrin -
whom tic Gormans mndo him n,v
aaoo"t s% sysr II t11t IT, tG aGa sS nso
nB gone about denouncinr ta ~ samaozn ans s,o pus
shabby trick, To-day ho MD MI tho
DtnCf D0ara 1r6 protesting that thu
projected sutH arc bs bonas tldo' ''' and md
That thew will l,o Huccessful Ink Tin hMi', fa"
Ing tho effect Of tho moyonlont presac t' mar-
kot, aud ut tic oarly Boan1 forco;l FL" aIoc ~,
IL It rocoijod howovnr anJ foit J m 0iu'n - rl ~
tic opening Price Tic lavvora whn ~ f,rr,ahn1 -
infornatol Of Tho suits insist thov arn to ho IN.
situtod iu rood faiih hv tia h91Inra ~ ~ - III ~,
PEtefer5.ed E red. stock, and Doston, Hartford &
Ero Hodorg of Eric ppoforrsd gdaronired aa p
they hayo tho cleareat % nroof ott tbat H.. H.
dividend on common stock foc1area nm.1 ,,aI tHG
eoyora months aro sns not earnnI ~ la ti,a a1 pnu
but was paid from loan wl,;ci ,yaa gonot;otn
by Engsh agents. mn, fnr ,cl, III
bonds Of tho road have bccn c,vnn 'snsv ~
Las any dividend ham yvn norof f.'1n ~ ua ,ha
last six months, although it is nndorstood that
to bo declared The a,ount roureI nuih Is s9nn 9n
dividend on common atosk was ahnnt 40 I'M mn M
and this Is to boaddcd to the oyatons W tjo,
road. and On tlp a,nount intorcat yi,I INV, w ~
DO mid Instead If imnrov;n, in III fnnnc;oi
condition, tic road thoY sav r. stoo.1;,v Gant;nt
iug, Wlo,, tho Lolders of prefcrro1 atoi rarana1
It, it was with tho ruara,,tv Tint nor osuI
annually would DO paiI on it If oarneI hv Ito
load before any dividend should be paid on com m
borrowed funds and not from tic ] earnings t Of the
road. This was plainly an infrjnro. emo
mout OF tho anirit ~ t1,c rontr6ot
with tho hodora of nroforroa ataat,
and tho lattor Ind cood eroun1 for unn,vn% o y
the courta for IN jniunctio1, tn rcnfra;n 5}ho m
declaration and pay1nont of fv,ond ~ conD rao
mon stock. It Is caimo that tho "rantcninc "
Eric was fraudulent tro1sactinn ~, ,,,a w.
part Of tho officers of l'otI, om roo1" .ho
1hig might bo 40. Int ira how'll oro ho,1 ~ To-
nocent hn1Jora mi liz 6,nars - ~ n uen ~ ~,