The Tiffin tribune. (Tiffin, Ohio) 1868-1887, 1874-06-11
From Correspondence Cleveland Herald.
RUSH T. SLOANE.
Negotiations with the Company on Ca
madam soil.
SANpUsKY. O. June Ist. 80

Negotiations with the Company on Ca
madam soil.
SANDUsKY, o., June Ist, 1874.
The remarkable career of Rush R
Sloane, ex-president OF the Cincinna-
ii, Sandusky & Cleveland Railroad
Company Is familiar to the readers of
the Hersid. Its columns contained
in detail the facts connected with the
discovery OF large embezzlsments from
the not OverstOeked treasury of the
Company; the civil suits in the Erie
county Court of Common PI- rs,
against MIR. Sloane, for the recovery
Of over two hundred thousand dollars
alleged to have been appropriated By
him; his arrest upon several charges
OF embeZZlement, February 18th last:
his release on fOrty-six thousand dol
lars bail, to appear before the Mayor
on the 18th of the same month; his
sudden departure from Sandusky on
the l4th; his marriage at Elyria and
flight to Europe with his bride; his
nOn-sppearanee before the Mayor, and
the forfeiture of his reeognlzanee.
This brief statement will recall the
circumstances to the reader, and pre-
pare him for the perusal of another
chapter in the history of this man, 20
whom an inOrdinate love Of money
was indeed "the root of all eyii.n
While in Europe Mr.. Sloane's head
quarters were at Brussels, Belgium,
There Is no eXtraditiOn treaty with
sSat state, and it is therefore sought
as d safe haven Of refuge, by the vic
tins OF financial indiseretiOn. He has
kept up somewhat vOluminous cor
respondenee with parties in Sandus-
KY, making the utmost endeavOrs to
bring about settlement Of the little
differences between himself and the
Company. A gentleman who has read
half dozen or more of SlOane's let
ters told me that IN one Of them the
once naughty magnate declared that
he had not 8 hundred dollars in the
world, that poverty wss actually star
ing him in the face, in q strange land,
and that he was trying to find en-
ployment OF any kind to earn the dali
ly bread for himself and his wife.
Nearly all the letters which my infer
mant saw contained similarly sOrrow-
larly referred to above, Mr.. Sloane
asked the person to whom it was ad-
dressed to show the letter to such of
his friends as he might deem best.
The people OF Sandusky do not "take
stock" in these pitifdl lamentations to
any great extent, regarding them as q
very "thin" attempt of Sloane to ex-
cite feeling Of sympathy in his be-
half, and, If possible, cOunteract in
some degree the universal indignation
and disgust which the mere mention
of his name does hot fail to arouse.
Never in the history of the world has
there been q more utter and irremedi-
able downfall. When In his glory he
was reputed to be the wealthiest man
in Sandusky; he stood upon the very
pinnacle of the social fabric, and his
influence was almost bOundless. Now
he is scarcely thought Of but as thief
and fOrgeF, no better than the meanest
wretch that is arraigned before the
police tribunal, and the veriest outeast
only speaks his name with scorn and
derisiOn. The goadiugs Of privation
and suffering may sometimes palliate
a crime against the law aud against a
fellow man, but in Mr.. SlOane's case
there is nothing to mitigate the enOr-
nifty of his offences. He was impelled
simply by 8 consuming avarice-an
Unsuitable greed of gain. What have
said will convey tOlerably correct
idea Of the feeling toward him that
pervades the minds Of the people here.
Many of those who were his stauneh-
est supporters in the memorable Con.
gressional campaign of 1872, and
whose faith elung tenaeiously to him
during the early days of his disgrace,
are now among the most bitter in
their dennneiations. 1t is evident
that Sandusky has no further use fol
him; his mission here is ended.
"Lst US have peace" or words to
that effect, was the burden of Sloane:
letters. Probably no person that evel
lived was more anxious than he Il
s'let bygones be bvgOnes." He knew
he could settle the civil suits by max
ing restitution, but the criminal &C
tions troubled him sorely. When 'ThC
State Of Ohio" became the party plain.
tiff, and Justice, with baDdaged eyes
stood holding the scales, eomprom-
ise was not so easy. Sloane made 8
fatal error in not ''squaring accounts
while he had ample opportunity. The
officers of the Company urged him Il
do so, before any proceedings were be.
gun, but he would none of il. He
wrapped around him the mantle Of in
jQred innocence, entrenehed himself
behind his dignity, respeetability and
wealth, and bade defiance to them.
NUl,ara fha~r rr3a...sa Eor r1aaoo ha ruou fol
war, and when the tables turned, de-
feat and disgrace were inevitable. He
challenged them to "erack theil
whips" and now, his bravadO gone
he is smarting under the lash. He al
length determined to make restitution
in money, undoubtedly in the hops
that after he should have done thi:
the criminal proceedings would b'
withdrawn. He accordingly signifieC
by letter his desire to meet persons au
thoriZed to ''talk business, and q con
ference WAS agreed upon. Mr.. Sloane
returned to this country, accompanied
by his wife, and 9 meeting was a.
ranged to take place at Niagara Fall
--Of course on Her Brittanie Majesty
! side of the river. The parties met n
the Clifton House, about the middle o
May. The railroad company was rep
resented by J. s. FarloW, the presi
denk, and n. w. Pierce, q member o
the executive committee Of the bOarG
of directors, both of Boston. Two o
Mr.. SlOS2e's legal counsel were als'
present-Hon. S. A. Bowman, o
Springfield. Ohio, and Homer Good
win, of Sand0sky. Considerable TIM
was spent in cona1ltation, the negOti
ations terminatingon the 15thof May
Mr.. Sloane agreed to transfer TO tn
company property to the amount o
two hundred and fifty thousand dol
lars, marketable value. The who'll
party, inclndiRg Mrs. Sloans-he
signature being necessary in thetEans
| fer of real estAts-erossed over INT,
the State of New York and all thl
pagers were executed-itsigned, seal
ed, and delivered" The properly
made over to the Company consist
OF railroad and other stocks, mort
cages, and = large amount OF rea
estate in Chicago, Toledo, Sandusky
aud at points along the line Of TIA
Cincinnati Sandusky and CLEVELAND
railroad. [ was informed to-day, b.
officers of the company, thai la al
probability this property would no
fully reimburse the Company for 1t
losses by its late erractle president
but they are glad enough to reeoEe
that amount, and call it quits. Ate
all the business or the transfer va.
finished Mr.. Sloane retired ''Over ii
border" to take refuge again behint
the protecting paw OF the British lion
Socially speaking the Interview wa
not q pleasant one to either party
There was no waste Of sentImen
o. affection, the conversation bein;
kent entirely down to the hsrd-paI
| of bRsiness. Mr.. Sloane il said Il
look g. IL twenty years had passe'
over his kead since he left his nativ,
heath, three and half months ago