Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1876-08-16
HOW LITTLE SAM TILDEN GOT
RICH.


figures employed. in stating his fortuna
are $6,oOO,OOO. As to tho ways an.
means by which be got rich, it is also
known, in q general sort, that they la,
in the direction of sharp transactions il
railway stock and securities. Before u,
lies a book entitled Samuel J. Tilder
unmasked." The same is the work O
Benjamin f. Buckman, late sergeant O
Police of New York City. This it'll.
book opens with ON introduction by the
writer who goes on to tell. briefly, his
experiences in the metropolis. In this
introduction tho writer frankly makes
known bis reasons for attacking Tilden
He and some friends of bis went into 9
business operation which promised
| handsome profits. He and they were
in course Of time overtaken by certain
| shrewd and greedy manipulators and
| ruined. 10 this connection Sergeant
Buckman says: while preparing my
notes on that subject. which may be
published hereafter, made the astound-
ing discovery that the present Governor
of the State of New York was a confed-
crate and adviser of the thieves who
stole my property, Not only so. but
found apparent proof that he had Off
cialy perjured himselfin order to forward
their nefsrious scheme. 70 nv
surprise, found that was in almost
daily intercourse with other persons
who had known him intimately for e
score Of years. or moro, and who did not
hesitate to pronounce him a most un-
scrupulous knave, despite his reputation
and riches.'' The official perjury"
with which Little Sam Tilden is herein
charged. consisted in his signing . phi
vste railroad bill in violation of his oath
of Office to support the Constitution of
the State of New York. Section Is Of
Article III of that instrument reads as
follows: The Legislature shall not pas
. private or local bill in any of the fol-
lowing cases: Granting to any corpora
ton. association. or individual. the right
to lay down railroad tracks. The Legis-
laturs shall pass general laws provided
for the cases enumerated in this section,
and for al cases which. in its judgment,
may be provided for by general laws"
The act referred to was An act to autho-
.ize the construction Of the New York
Railroad Company. 1t is
'hown by affidavits that Tilden was in
ormed Of the bribery used to pass this
Ict and that he Acknowledged it to be
But as to the manner of this little
ogue's featherin his nest, let Us state
he same, as 81 ccinctly ss possible by
aakine q condensation of Sergeant
,uckmans narration: Tilden's opera.
ions as manipulation of railway stocks
egan subsequent to the crash Of 1857.
irst he was the attorney for. ,ad after
ards partner with, William b. Ogden. (.
,e FIRST mayor of Chicago. Ogden was
len, as he since has been, known as a t
aiming Spectator in railroad property. I
he western roads with which Ogden /
as connected raised their means mostly
England. As an example of the way e
which things were done, We have the L
flowing statement: The Rock River t
alley Railroad obtained charter, d
sued bonds and then exchanged the
onds in England for railroad iron, Il
hich they shipped to Chicago, and
Id to raise money to reimburse them
Ives for the e. oenses of the charter, v
I'd to provide means for laying the a
ack! The following narration will a
rye as an example of Little Sans G
arp practicing. We quote from Buck S
an s statement. pages and 5: 1
The original Chicago and North u
estern Line, was, in 1864 249 miles q
ng, with stock and bonds afioat for Il
.arly eleven millions, or S42, 900 per T.
lie. BY funding coupons, etc, it -
aEaGed to do business; but i'll 1862 r
lied to earn the interest on its debt II
a deficit of over $1,000 1868 was ii
It much better, the fresh bankruptcy Fl
arly inevitable. Here again the
atty genius of 1ilden was equal to ga
Q emergency. as i'll this crisis he v;
about adroitly stealing the
;alena'' Railroad. The ''Galena &
'icago" Railroad was running from nf
icagO to the Mississippi river. 1t e
IS the first railroad in the West OF
Nv. * been chartered in 1856. That NJ
npany had never watered it's stock, DC
d seldom, if eve, sd it failed to ~,
clare an annual dividend of from
to ten per cent. In 1864 it had nc
ne 800 miles Of road in perfect -
Ter, on which was based a mort
,e-debt of but $4,000 per mile, and
stock issue OF $4,000 per mile. It's "a
earnings for 1868 as over 81 900 W
|, and it had about that sum in cash WI
its treasury as working capital. Its ov
elk, largely owned by those. living Ra
ng its line, was held as a favorite
estment for trust funds involving liz
estates of widows and orphans,
ng considered as safe as the Bank
England. Tild n, coveting the tai