New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-01-29
wOODRUFF's AID TO TILToN's PAPER.

O. Were you interested in TIE GOLDEN Agein somc
way at its commencement
just what did you do in connection with The acute" Age
your connection with III A. We'll, SIR, IN the
habit Of going Mr. Moulon frequently about the beginning
Of 1871; | met Mr. Tton there twice, had
rarely ever him before that; knew him slightly;
and he told me about his being thrown out OF
The Union and Independent, and Mr.. MouIton hal
talked with about the Of Mr. Tltons position. and
Mr. Tion OF employment, and he expressed wish
that II he could only have paper and without thinking OF
it, asked him what would cost to start paper He sad he
thought paper could be started with SIS $4,000 capital
and the paper question talked and we went and
talked with other people about it, and finally started sub
scripon paper. which and others signed, and m. GcIes
Age was started the lst of March think, 1871.
O. You subscribed how much yourself? a. ! subscribed
5000.
@. And how much subscribed in ALP A think s190O;
Mr. Tton believe had dollars Of hs
besde-s 1900 or $500 or $500.
O. That made up the capital Of The Golien Age' don't
that made up the capital Of Tie Golden Age that
the money that subscribed.
@ That all that you OF what constituted the capital
A Yes, Sir.
Q. What Mr. Titon had in ready money with you and what
you subscribed understood to be the financial bass Of the
paper was It not A. suppose yes Sir
@ you and the other gentleman who subscribed
literally A. Yes Sir
O. Now, how that subscription to be payable A. Well
believe call in, ask FOR wanted along,
from time to time
O. And did you call it il? A. did it passed through my
hands.
O. When did you call in A. Wen, think il
was along somewhere Fall Of year
it might been later can't rccolect it time
after
O. Was than payment made half paid at
one timey A. Well think the half was paid at one time
O. You don't remember when definitely A No. SIR.
O. Now what did you get for that subscrponf A took
note from Mr.. Tton; took Mr. Tiltons note
O. For the whole of it? A No, Sir for PAID the
half; only paid in $3.50.
O. You paid in 800? A. Yes Sir and took his note.
@ And took his note' A. Yes, Sir.
O. For that Sl,JOOg A. Yes Sir.
O. that have been introduced in the
the onehalf Of the subscription which paid Yes
Sir
O Well YOU saw Mr Souhwick about also did you not
one Of the subscribers? A. Yes Sir
O. And you said TO Mr. Southwk' did you not that you had
arranged so the subscribers paid in half Of the
scrpon Mr. Tilton would give his for that amount
payable when The Ges Age success and release the
subscribers from the other half Of the subscription No.
Sir; it did not occur that way al all.
Mr. Beach-Wait moment We object 10 that question
What passed between him and Mr. southwck is
here.
The wituess-Mr southwick drew these notes. That
his form Of the note
O. Have you ever paid the whole s3oof A No Sir; have
O. Fave you ever been released from it' A. Yes Sir
@ BY whom' A. 1t was done in this way think June
1s72 Mr. Ton rays, day ha, The Golden Age about
paying way that he only owed hundred
dollars; and says is that SOL" and says he Yes" sa
l. You are in remarkable good shape" Eyes" And re
membered he had 5000 deposited with the firm tina,
had just received few days before from Mr. Bowen and aid
to Mr. Tion Now instead OF calling in FOR the rest Of this
money wouldn't be better these people that have tho
contributions the the that has paid
n that they should surrender them part OF the
had been incurred in starting The GoeH Age and instead Of
calling in the other 5000 and you have sl2O0 IN debt not
call in renqush IT, and be free Of debt" Well that wa,
discussed and he said he did think they would DO L.
said think they would do It." and he said would be
very generous thing II they did. tod him would Try it, ~
saw them and that was the way it was disposed Of.
O. And the basis OF that the 81 which he had With
your A. the basis Of H. knew he had several thousand
dollars money and he said he about paying hs expenses
and he then owed two three hundred dollars.
q the amount Of money that he then had deposit
you together with what he said about the paper led
to the suggestion? A. No; tho ugh he In good shap, to
be free OF debt and take the thing and cary along himself
taking all the circumstances.
O. Yes undcrstaud and the amount Of money THAI
he had pos with you that me together with HE state
the prosperity Of the paper that led you to make
that ugseston! A. think those the circumstances yes
| Sir.
q DO You remember about how much he had deposit with
you the time he made that sugscston' A. think he had
eight thousand dollars, might have been NOR, 4,
| might not have been much.
q That the Bowen money! A. presume a.. don z
know positively.
q. Aud that Was done at tina. Tine Was tf A What was
| done?
| moan the arranoo,ncp, To- 81, -, - 80. h.