, 1875-08-18

tstNftdt i5tfHlttN 10 {He lhtf ihh iF'bHnf-
ST. PAUL. Minn.. Aug. III. H. Delano. har-
lug returned this tnoTulng from AuW York, re-
porls that. 1t the meeting last woek of the Di-
recsore of tho First Division 1T. Paul L Pacific
Compauy With representatives. Of tho Dutch
holders Of bonds covering extension lines from
at. Cloud to st. Vincent aud to Btauerd, all
agreement Was arrived at settling the pending
su!ts aud differences, aud arrangements entercd
into for the immediate resumption u work, with
the Intention OF completing this fal, ali tho rail
lines truu, 1t. Paul to ii. Vincent hv way OF
DreckinttdRo, nnu from St. Paul TO 1,rAiEerd By
way Of RaNk 1sapds. a. follows: 80 ml!es from
IFeckintidge, to connect It the southern oud
With the completed portion OF tho st. Vincent
cxtonaiun, l.. males routb OF G1yuIon md
from tho northern on,l OF tho same. G4 miles
already graded. 10 st. r,nce,t, where connection
will be mado With the th"p completed prarct1 Of
tho Canadia" Pacific from Fort Curry; also 65
ord. The partias negotiating according to Mr..
Dclauos report. ara pledgsl aud ahundlnt!Y
ablo 10 furnish the money necessary un1or tho
agroamsut. Tic irss steps will be tho WITH
1IawA! OF the peudlng auits for the foreclosure
OF the mortgages securing the Dutch bonfn. or
procuring an ordor from the United
Sta..s Court for tating the 1T. Vincent
branch from Receiver FARLEY, OF Dubuque. aud
Probably thls Arrangement wi result IN tho St.
Paul 4 Hrainesl Hue p kanin.; into the hands Of
another company bv lease or BaIs. hut DoIAno in
confident ihht tho through lines viii be built ~
above Indicated bofo:e Dec. !. THIS would leave
gap from MelEoBe tn near Glrnaon, abous 15U
tnlleR, to complete .l.o originally pr7posoft II.
pAut Il St. Vincent liuc. bY why Of st, Cloud
aud Molroee. THIS nAet Of tho st, VINCENT line
appears to he abandoned IN the now proposed
arrangement.
ALLEGED ENORMOUS FRAUDS.
New YoR., Aug. 15.-1ho -Nfrcury's Washing
a..
racltio Railroad last Thursday, Under docree
Of foreclosure, vas tho greatest fraud ever icr-
petrated in this country. The Transaction
will 10 investigated By Congress- ~
somo fifty million acsos OF public lAnda
arc involved. A committee Of bonoholslers have
aHcertMned that 830, 4oou00 Htand on Tho books
a. cavh recaivsd thst $l7, ,24l t1O wero paid out
for building 053 nlilns Of road for EolliuK-stoe
teiograph linn. buildings. etc. leaving balance
Of 3.ll0,0M unaccoN,lsnd for. The COM
mittto OF dcTn,an 1ondho'desa diBcoverod
on investigation aud 1eport. that tho
directors formed two land companies. mud
no manipulated Affairs that these lauI companies
acse which could haya leon sold for sl0 aud
$40 per scro. Az tho ban1a werO negotiated
IN Germany on alleged representations that
the credit OF tho United Sta:oB WAS involved,
aud ~ they are deenod warshlcaB now. CORES.
pondence has beon opened with tho State De-
partmant by the 0etman bauksta who negotiated
and 9o}d thom.
THE GILMAN, cllnrokl4 spRtNoF,eLp.
Hpn,HoFtELp, Aug, l7-Ihe transfer OF tho
Gilman, Clinton ( Springfield Rsilrcal has not
yot tAkon place. II WAS expected that as. Soy
ton, Who represents the English boudhoiders,
aud who will manage the road temporarily for
MesssB Scott and jswost, the Trnstees. would
reacl, here last night but ho did not come. II
Ia conoeded on all hands that thts road will fall
{tfn Tin kArf ia +n1 En.jt
eventually. elthor bv purchase or loaso. and 10
fur ~ on1 people Are concerned. this IN greatly
70 be desired, ~ tllis coms any would make 1t
trst class road, Mr.. iIinckley's management OF
huas styA, at 49,