New-York tribune., 1874-03-13
INTERVIEW WITH MR.. DINAT.

| Aiil' ihhhINb reporter Is appended
INTERVIEW WITH Mr.. DIINAU.
! After tho receipt OF the above letter ut The
| TRIBUNE OH r., TRIBUNE reporter callod upon Mr.
Dnnsn yesterday. and obtained tho following statements
had no Intention whatever OF putting myself forward
N ms matter presented the facts upon which based
my resignation 10 several members OF the Board Of
Directors. aud Yesterday presented them 10 MI Rob
hson tho acting President, and rendered resignation
lhtCnded tnat the matter should drop right there
Whcn one 0i your brother reporters called upon yes
rrlaY, told him plainly thar cOulh give him in
formation, ANA referred him TO Mr. Robinson. The fact
that tins mater Is pCbc Is aIgoibio entirely 10 Mr.
Robinson and those who hiy, actad with him, and
wish II dist1Clly understood that 10 IA not my
fiulr. Bat the stnlcmont In tho interview in
Tgg TRIBUNE Is grossly variance with the facts
thai feel bound to 81 az in my dciensc. don't
know OF anything that can sIy that VIII s5ato tho
whole matter cOuosely copy OF tho written
statement which presented to the Board and de
signed 10 accompany my resignation. with regard 10
the E.ie aCcGunts, thcre hasn't beon for year past
week that haven't heard II stated that jay Gould
other groat operator had fuil copies Of this Erie
counts and has not heen in all that time day
that dill not fear that somJ one would gotta sdtomont
Of tho accounts OF tha CJmp.lY and puDlsl it.
have always baon particular 20 guard aglfnst tho
information g0trg out: bltIn groat oir'c like the
Accounting Department OF The E,ie Erlroid Company.
formation gottng oat flny desired T.,
themselves O H. IL ~ useless longer 10 deny That Tho
accounts not r.hS. and whcn made up The annual
report FOR Mr. Watson, whi IA trIusmittod 20 him
The 18th OF December. al tbc limo wrote him a5
follows:
incloc yon the report complete drawn from the
books Whio tho sho wing as ma 10 by tn re-
ports and papers which sent is remarkably favorable
u must he matter Of plnu regret to you as 1t ~ 10
me- that tho acua results %; the year are not such a, 10
commend themselves TO ourhesrGy congratulations
successful years service performed feel This tho more
bocaus, feel yea. know. that We haye entered upon
Che 2cond 6scal year Of your administration with hut
faint hope, To,IiSs talt have attended tho frat
lnd it prompt, the inquiry How long can wo suryvo
tie expenditures which J0ng nader critical OK
aTinaOn, made by myself personally Into tho ACCOUNTS
orginl audited anu the reports from the several
departments discovers the fact that earnings havo
scarcely served 20 pay working oxp1n,cs tho inter
upon bonded and H)atiDg debt. and expenses Of
extraordinary nature aud tins TOO, after charging
every dollar 10 oonstruc which legtinaiely belongs
to IT, aud making allowance for dividends. dsc =
upon our bonds. paid debs, If any. the pyn)nt to the
| Atlantic aud Great Western RiiIroad Company, AMI
other capital aCCouns give you tho figures III brief"
In the letter thea stated the earnings AMI expenses
- they wore given in tho statement referred TO-
Tlat docs look much like submitting false reports
to prcsideu, Watson, and If no has retained loters
he viii tell any that he has always got the truth
from mcif good. he got 1t, and u was bad no
got II all the s,ne Tho OF my making confession
is simply ridcuOus. stated to Mr. Robinson the facts
HIS words wOtd imply that had oonfossed 10
HIM that some stock speculation dId nothing
of the Kind. had reason TO do it, but dd say 20
him aftar was through with my statement that 1t
tod like nightmare upon my mind that every state
furnished TO him any OF tho OcrJ OF tho Com
pany, Whoh aiTce etoi tho accounts which had been 81
tered was simple retcrdipu OF lie; aud instancoi
nj. It.fI Itrtf.r Z fuytN IA
references 10 an from which had been arbitrarily
deducted last year $4,000 IN one month. why the
whole theory Of my comics lion Doas his stem,nt VA"
I made such confession ami tho facts prove II.
Now A. to NV reasons resgnng. Tno eternal tier
alton and rotcraton Of false entries n thc accounts.
which wcro madc to make tne concern show prom ably
in opposition to the fact that running bJhinl bo-
came 20 me unbeatable FJF the sake Of others, how
ever hell on 10 rho position until after the siao
report was ted whom had leisure, and toOG up a tho
accounts years back and went clr,iGy through
them VITA tho result which L have Communicated 70
the Board About three weeks ago l received from
E,ropo the annual OF the Company pHbshed IN
London There was very important omission ~ The
lavt which was attached 10 the report. swofc To
tho report approximately true, iani II Is 50 h'd
ia Albany In tdo report published IN LONDON
tho word "apprONmItcly" hal been stricken on,
and 1 was made to appear ~ 'esfyng on o'th
that tde document exactly true, whereas Knew 1t
and took the advice Of Of the counsel OF the Com
pany also took counsel with of thc most ONT
mont OF bar IN this city. and they AL dc
cded hat 1t was my duty lay the facts regarding the
errors in this London copy OF tho report before the
directors. did Tao facts were submitted 90 four
Of the members. stated 10 each Of them that pun
posed resignipg my position soon as Ao
faeis wero sufisieuuy known TO the mem
bcrs TO mako it certain that in tho event OF
any disclosure ia the future coul refer 20 them and
TO the statement had made To them. Tnis has taken
four weeks Now II had been IN any stock specull-
ton do you suppose would be foolish aI TO 20 al
around the CITY Of Eow-York with such statement 7
Don't You think would rather have collected all tho
facts made them public myself tiion the stook Tx
change 10y surprise. and reapcd the harvest Now dr.
| Rpbnson's statement would imply desire on the
part OF the management to got nd OF iac.
am sorry that he was foolish as to
mako such % statement. because IL compols me 90
refer TO some letters which have received from pron
uent members the Board urging mo not to roSiSn
fr. Dunan here showed the reporter two letters from
TWO OF the most prominent members OF tue Board OF
Directors urging hun TO remain OH aJ loIs. until
the present crisis past H. SAID that the letters con
he made public II necessary. but he sIoud only puols
tnem when they were Last IN his culver Of
defense
All have to say reference this matter Is that
regret that 1t become public in the manner II has
II the contractors think that tho theory Of the accounts
"A they are stated IA correct, certainly have o5ec
on; but do think they ought to permit me 10 qust the
service without making the strenuous efforts hey seem
putting forth to iJure my reputation an sorry
that it has become public account OF Mr.. Watson
but supposed when made this statement that was
s,r,ply placing the facts the hands OF ms friends
They certainly could not have done him or tho credit oil
Companya greater injury than by the publicity 'hoy