Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-04-01
RAILROADS.


ALBANY, \. Y, March 3I.-Collector
Bailey this afternoon seized eight more
locomotives at the roUudhouse of the
New York Central and Hudson River
railroad on account Of taxes due the
government.
The Postal Service.
NEW YORK, March 3l.-A report from
Washington says that Postmaster Gen
eral Cresswell is to start in a day or two
on a southern tour in company with
Senators Howe and Cameron. His
principal object is to inspect the postal
service and pOstal-car difficulties.
Little KCek suburb of st. Louis.
LITTLE Rock, March 3l.-The cham
Der of commerce this evening appointed
a committee of twenty-five to arrange
for the reception and entertainment of
st. Louis eXcursiOnists, on their visit to
this city during the next ten days. The
bridge of the Cairo and Fulton railroad
over White river was completed to-day,
giving Little Rock unbrOken connection
with st. Louis.
Railroad News.
TOLEDO, o., March 31.-The city
council have voted to adopt the east
line, Uid FOstoria, upper Sandusky, Ma
rion and Delaware for the appro-
priation of the two hundred thou
sand dollars heretofore votedby the
city in aid of a Toledo and Column
bus railroad The friends of the
west line, Uid Findlay and Kenton, are
still hopeful of the success of their en-
terprise.
New YORK, March 31.-The Erie in
vestigatiOn was resumed this morning.
John Taylor Johnston was examined,
and said that he was a member of the
old board of directors which declared a
dividend, but that he was opposed to the
declaration; he thought the company
ought to have been on q sound financial
basis before declaring a dividend; he did
not believe that a dividend could have
been paid without the money OBJ
tanned from England; it was
the English stockholders who wished a
dividend declared; he was not aware
that declaring a dividend facilitated the
negotiation of bonds. Homer Ramsdell
was next sworn, and testified that be
was a member of the old board, but re-
signed at the time of the coup d'etEt
he believed unnecessary expenses were
incurred at Albany by those who went
up to assist in the passage of the bill
he understood that no bills were paid at
the Erie office unless there was some
evidence that some service had been
rendered. General A. S. Diven, upon
being called, testified: Have been di-
rector since March, 1872; was present al
the meeting of the board of directors
when it was voted to declare dividend;
voted for dividend, with some reserva-
tiOn; had not time to examine the state
ment, and was not quite sure there was
good basis for a dividend; voted
for it on account of the presidents
statement that the road had earned
that amount. The first day came to
New York, after becoming q director oi
Erie, I met Mr.. Vanderbilt, who said ]
should go to Albany to assist in defeat
ing the pro rata bill, and proposed the
repeal of the classification act. would
not go, but said / thought Erie should
bear part of the expenses in defeating
the bill After the legislature had adj
journed, L met Vanderbilt again, who
stated the amount Of expense, but could
not tell how it was expended.
Mr.. Vanderbilt promised to bring the
matter before the board. The only
money paid to parties at Albany was to
VanNechten and Barber. Van Vechten
told me money had been paid to mem
bers of both branches Of the legislature,
l was told five or six senator's names
who were said to have been paid five
thousand dollars each. only remem-
Der the name of one of them now. There
was no names of members of assembly
mentioned. Recess.