Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1874-04-23
LATEST TELEGRAMS.
NEW YORK,

INV 1okhs Apri @o.--oir halnueTtNu
Lorraine, OF the British sloop OF wal
Niobe, visited the public institution:
yesterday, accompanied by the Mayor
and many members of the city govern
ment.
Over $4,000 has been subscribed at the
Cotton Exchange for sufferers at New
Orleans.
Dr. Samuel ]. Howe, resident commits
sioner of the SANTANA Bay Company, has
forwarded to the directors here de.
tailed statement Of the proceedings OIL
the new government of San Domingo
With respect to the company. he says
the Dominican Government made non
payment of rent pretext for ejecting
the company, but the secret cause Of
action is the determination of British and
European powers, acting through their
commercial and political agents, to pre-
vent the prevalence of American inhu.
ence and institutions over San Domingo
and the surrounding islands by means
of the SANTANA Bay Company. +" In the
meantime, he adds, let the real friends
of the great plan for the development OF
the vast resources of this magnificent
island under American influences aud
institutions for the extension Of com.
meree, for the spread of freedom, for
the destruction of slavery in Cuba and
Porto Rico-let them not sbate one jot
of hope or heart, following in the road
already opened, for it is well known
that the SANTANA Bay Company was the
result of the labors of such persons
during the last score of years.
Initiatory steps were taken yesterday
in suit in the Supreme Court in this
city, in which Willard NJ Simpson is
plaintiff and the Union Pacific Railroad
Company, Jay Gould, Sidney Dillon
and others, are defendants, to compel
the latter, as stockholders, to make
payments of subscriptions to stock to
meet the claims of creditors. Plaintiff
asks for an injunction to restrain the
transfer by responsible parties Of the
record to persons not able 10 respond
for the stock at par. Only ten millions
are involved in the suit. The complaint
alleges the Company first borrowed some
ten million dollars on Income Bonds"
and made them lien on all their prop
erty after the first mortgage and land
grant bonds, but neglected to record the
deed of transfer by which this Lien was
created, and they now propose to borrow
sixteen million dollars more and to give
mortgages that shall cut off the lenders
on income bonds, who supposed they
held deed OF trust to secure their loan.
The furniture aud effects of the St.
James Hotel, which failed for S275,OOO,
are now being sold.
The trottcr ]. c. Brown, known as
Henry Todd when he beat American
Girl, has been sold to Californian for
$4,000.
The Herald publishes list of war
rants drawn for contingencies in Comp
troller Green's Office between November,
1872, aad September, 1873, and says it
appears to be as necessary to investi-
gate frauds under the reform as under
the Tammany rule. One investigator
received over $500 in about three
months; another over $500 in nine
moths, and still another got S35OOin the
same time, besides $4,000 additional
from the board. The Herald says tax
payers should investigate investigators,
and adds that the Comptrollers office
cost last year for running expenses
$40 900 more than in 1868 under the
corrupt ring rule.
The convention Of the National Board
of Fire Underwriters resumed session
this morning. After the regular routine
of business was disposed of Z. ID. Hol-
ton, Vice President of Northwestern
Insurance Company, introduced reso-
luton of thanks to President Grant for
his veto of the finance bill. Holton
said be came from the West, which had
been greatly misrepresented in the mat
ter, and for himself he regarded every
dollar OF the currency as rotten. The
following is the resolution, which was
adopted amid applause,
Resolved, That the members Of this
Board, representing more than $40 ,OOO,-
600 of the insurance capital Of this
country, without respect to party, and
to express our satisfaction with the &C.
ton Of the President Of the United
States in vetoing the initiation bill, So
called. which bill, in the opinion Of this
Board. would put in peril not only the