New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-05-01


atoms by Sprague and others of the Brooklyn
Ring in fancy stocks of this character. IL
may be remarked incidentally that the STOCK
Of the bank since this Ring obtained control
of it has fallen thirty per cent, and that inc
Clubhouse has beer sold under the hammer.
The main part of the evidence for the pros
ecution is now in. t remains for the defense
to explain on wha justifable grounds MIR.
Sprague from the me that he first entered
INTO Office seems - have habtually used the
city funds for hi private business and pleasure
Ex-Judo, Fancher has not yet decided to
accept the appointment of Arbitrator OF the
Chamber of Commerce of NewYOrk; indeed,
so unexpected was the appointment to him
that he had not informed himself of the char
acter of the newly organized Court or the
duties required of him. AS indicated in yes
terdays TRIBUNE, the new law makes the
Judge the arbitrator in all disputes between
merchants. The importance and dignity of
the position can be at once inferred from
this statement. Many of the suits of most
magnitude in our civil courts are between
merchants and grow out of mercantile trans
actions. With an Arbitrator of the character
and learning of Judge Fancher, and one pos
sessing as he does the fullest confidence of the
community, the new Court of Arbitration
ought to succeed in preventing much vexing
and costly litigation in the State Courts.
In the District of Columbia investigation
yesterday q very clear case of corruption was
brought out by the testimony of Gov. Shep-
herd. 1t seems that his business partner. Mr..
Moore, concluded an agreement by which he
(Moore) was to receiye $4,000 for his share of
the spOils of the De GOlyer contract. This
contract has become notorious as one
in which there were large dividends among
persons who, like Moore, were supposed
to have influence with the Board of Public
Works. 1t should be said that so far as Gov
Shepherds somewhat emphatic testimony goes,
his own skirts are clear in this matter. An
important witness is missing-MajOr Kirkland,
who received and probably disbursed gener-
GUS share of the cash paid to secure the De
Golyer contract If he could be made to tell
what he knows about that scandalous bust
ness he would throw light on dark subject.
Like Gen. Dodge, in the Credit Mobilier
affair, he prefers absolute seclusiOn.
The demand created for yesterdays TRIBUNE
by our exclusive publication of full report
Of Senator Schurz's eulogy on Sumner, has
been such as to induce its publication IN
an Extra, for the convenience of those
who wish to make sure of preserving this
panegyric just as it fell from the lips
Of the eloquent orator. The Extra, which is
issued this morning, contains beside this, the
chief of the innumerable orations that have
been pronounced in honor of the dead
Senator, some striking extracts from the
more notable speeches delivered in Con-
gress on Monday, among them those
of Senator Boutwell, and Representative
Lamar, and the most significant passages in
the tribute Of Congressman Elliott at Boston
fortnight ago, the latter a heartfelt offering
of gratitude from negro to one who has
done so much for the deliverance of his race.
The Extra, TRIBUNE sheet of four pages,
will be sent by mail to any address, on receipt
of five cents.