The weekly herald. [volume] (Cleveland, Tenn.) 1876-1888, 1876-08-25
TiIden's Railroad Jobs.

st. Louis Convention that I'll
den's surroundings are bad II.
elected" that paper went ON to
declare she would take TO the
White House the worst set of po-
litieal jobbers and thieves ever
seen in Washington" That paper
might with great justice have
gone still farther, and stated that
Tilden stood at the head Of one Of
the greatest, if not the greatest
clique Of railroad schemers and
tricksters known TO the country.
BY various devices, known and
understood only by the initiated,
the great reformer has been ena-.
bled to accumulate a fortune of
some eight million dollars, and
now, protesting to be actuated by
the most patriotic and unselish
motives declares his readiness to
turn from railroading to states
manship and to serve the people
as their chief executive. But
there + other parties who are
notGo readily satisfied, and they
are manifestly unwilling to allow
Tilden and his associates to with
draw from their financial schemes
till just recompense has been
made for some of the villainous
jobs Of plundering which the
would-be President has inaugu
rated. Quite prominent among
the number, just at present, is the
st. Louis, Alton & Terre Haute
Railway Company, who, ycster-
day, asked a New York Court to
compel these Parties to make res
titution offuuds thus unlawfully
acquired. In the formal com
plant Of the company named, it
is stated that Charles Butler,
Samuel j. Tilden, Russell Sage.
and Robert Bayard have not, nor
has either Of them ever rendered
any account Of the surplus OF
$4,000 first mortgage bonds,
$4,000 second mortgage bonds,
$4,000 preferred stock, and
100000 common stock Of the st.
Louis, Alton d Terre Haute Rail
road Company, or Of any Of the
bonds or stock Of the said compa-
ny 50 issued and intrusted to
them as members Of the said Pur.
chasing Committee, and now out
standing and constituting a part
Of the obligations or Indebtedness
Of the said corporation"
The complaint goes on to assert
that the said surplus bonds and
stock have been unlawfully re
tanned by, and divided among the
said defendants, or issued and dis
posed Of by them, in violation OF
duty as members Of the said Pur-
chasing Committee, and Of the
trust and confidence rcposed in
them as such. By this kind OF
inNnciering the liabilities Of the
Company have been increased,
unjustly and unnecessarily, to the
extent of moro than one million
dollars. To this complaint Messrs.
Tilden d Co. made what they call
ed a partial answer yesterday.
Having made a general denial
they declare further that the
company was immensely bene
flied by the accession of Tilden
and friends to its control; that
transactions in stock were indi-
vidual acts and not those Of trus-
tees, and that the amounts paid
Tildcn for legal services were for
specific work done.
The spectacle presented by the
arraigninent OF Il candidate for
the Presidency on a charge Of
traudulently appropriating rail
road bonds, must be a delightful
one for his party. Such a man is
indeed a reformer! The road was
greatly benefited" by the "aid"
which Iilden and his friends were
able to extend to it, while Tilden
4 Co, were "benelited" to the ex-
tent Of nearly a million dollars.
1t remains to be seen whether a
court OF justice will allow itself
to be misled by the specious and
eyasivo pleading which character
ICES the lilden lettcr.-lHe B!ade.