The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-23

upon at viii 10 suppieinent our net earnings Whenever
% nsy as might esSc q 3:
per cen. In September last acted upon the account:
correct wS Hssn them sslisSsa ssa
Svasnd sas By Without
sure from quarter and until the actual meeting Of
ns he Say nc 81 s
s n to
ana submit for your examination an account showing
ne sadsn Ws
the disorga condition Auditors
s'Is ORE YEN
saa
sssoSa;s
= Ismans iOr only to ada that business
ss.s,s S SsA' IN better %Aisoa
Nsw YoRE, Apnl q. 1874
NE. JAAEs G. CLARKE's LETTER.
ERIr RAILWAY CoxrANv.
.sla-During your absence in Europe Mr., s. r. Dunan,
Re RawIny n wS he
'ssS 81 ss % Il:
S ns asaassd from Ss
rom ocoDs nsnta e. ns &
In further g comml1issti on ~ him in ths TSs.s
suit 70 Sou
Ing os liz es
an sp o su the a
respecting my statement OF August 2s was at Mr. Dunans
's
o'ssI one @9'a
tallsd exhibit marked "A" shoTIng the basis upon
expenditarss tor the nine months ending June 30 1875
@ n i've n MY
ment $95 aSo 80 tor the nine months ending June
Responding months M that interview rs W with i You
70 wncn n ana a @
showing that The sum O sssO ought to b Charged 70
S1 ess ss% n saea BY the
the SS1s Ss ASao
as well as the line officers monthly reports for the nine
rom which VIII l that there sv was
IN n o nee -
that date The e4pedlturss ,or the nine months ending
:ssss Greater IL u nine s %Sns5:
81 81 ssss y ns" 'es nine he months ns
months Sf 1872 Hence you WIN perceive that
$50 e isls and necessary e 50 inTHsr back
a. shows asssy Ct @ 70 os 1
hbit Of the expense Of the road department. taken
rs 0ss Or me Ike n
ehsd he eSsha mot q
ing June 80 1873 but. q legitimate charge
had been ' fully msalnsd Iui to October p.opf fs
your line wod have sde
TO make the extraordinary which made
mt and wisao making these large repairs IN
@ 70 By he as
your ID track and are IN better
and THIS in great owing to tas
which improved condition was in great degree Accom-
Rshs ns BY the Large made upon them in
am quite SIRE That gentlemen of practical railway
1''' ''-'0 ys as THE ~ FACTS SET FORTH
that the extraordinary expenditures made upon the
v s
os g @ neh - q
placed the neglect OF Srmer years did not cease with
as 'ss
% nys Us to ate and d the
ber 1873 January and February 1874 tor ss less
xe5: May and June viii uaasaeiedly snow result:
i9a
June 80 1874 to be large as The reduction complained
proof act ashouss ags @ were msas
rails saainss &c. st Tom octob br
a re
% s and dn from p
on %
ps 5 Sa Is much work e Be
thorough good condition Is to-. enable it to
a9sas @ a 81 sss @ !, s
enable i BE- worked at less cost than
IT. dnoas :sns ns ls
~ s ss T. Is 81 wood
.n SssSs q
better s!.;: ess:;s':: :a:%
:Sil,,y REQUIRED from it. Siacs1: Employs ana
5 HlsS sss r
n1 2: o ysr
bssn BY amy or Ucs. Of n,,
JAS. e. CLARKE, Third vice President
AR. TYsoN's LETTER
OFFICE OF TIE DErARrsENr OF MAonINxar,
Hon. P: H. wArsos, PRESIDENT
a.. called n On s aud ss
showing what s,noSat. & any, q the sum sSarsss
shoaa Justly this
properly maintained during preceding years.
e to me-
summary Of the facts necessary to enable me to form
his views on ths subject as had but recently entered
ss;1 q; sS "a
Ses the hs s,ssss tie Gen.
cral Auditor. You will observe that in this
statement the comparison is made between the nine
months ending June 3d. 1877 and the period in
1873 assuming ten per cent repair 1878
and leaving balance Of $W4 3u4 2a
On further examination OF the accounts it found
that the average OF similar expenses for the correspond
Ing nine months of the three preceding years was
u less than the expenses OF the niue months
ending June 81. ls7a
Under these circumstances from personal observation
OF The condition Of the machinery ~ July and ate.
those In charge OF during the previous year consid
cred the Auditors figures NJ sucienty accurate to
body them IN my report to you As further proof Of
the Dropriety this have the experience
the present term commencing October l. 1878 the first
SIX months Of which period these expenses have been
$29O4 66 less than for the preceding year. although
upon an increased traffic and the remaining three
months will swell this to considerably $400OO
had no interview upon this subject with either your
self or any member Of the Board OF Directors with
the motive power. rolling stock and stationary
machinery has been further improved since June 30
aud y will now compare favorably with that any
Of tho principal railways Of the country. Since
time six engines have been built replace
tt,o slx and three others are now par
vice IN about six weeks which will mako