New-York tribune., 1876-12-26
TIE MANHATTAN CLUB SINKING.

FINANCIAL BURDENS AND WANT OF HARMONY
AMONG MEMBERS INVOLVING II IN DIFrcUL'
TESTS PROBABLE REORGANIZATION.
RumOrs OF the approaching dissolution OF the
Manhattan Club have been in circulation the chief reason
assigned for sueh dissolution being It's failure 30 meet It's
exenses It las long lease from the spnglcr estate
of the lots the southwest OF Ffthaye and
Fifternth-st which the clubhouse Stands. II includes
ameng its members most of the leading Democrats
politicians OF this city, On its IO Gov Tilden, Wn.
H. wickham, the present Mayor and Smith Ely jr, the
Mayor-elect Augustus schell, the Grand sachem Of
Tammany Han; Judge Brady, s. L. NJ. Barlow, ana
John T. Agnew, aud many other well-known Democrats
Last Summer there was foreclosure OF m0rtZage for
$4,000 on its property held by William Butler Dunc1n
under which the clubs property was bought "
Augustus schen Recently the question has nrisen
among the members OF the club as 70
tho worth OF the club to then reporter OF TIE IhS
USE conversed with leading member of tho club on tho
subject last night. He said that for some time nc had
been dissatisfied with the management OF the elno' IN
the organization OF which he had taken great interest
and prominent part The club was now In debt on tne
nr,r7igc held by Mr. schen for $4,000 andinteress
an iegr expenses In addition there about S2looo
due to members Of the cab bonds. That was 80 70
speak, personnel Indebtedness of the club rs Mr. sches
purchase Of the property was on nm UNDERSTANDING
that t should be merely purchase Of The nortsage anu
the bonds were held By tile members Of the eno OF
side OF debts there a5out $50 due TO traces
men, which was much than ec7ercd by dues HOn
the meInbcrs,if all were paid in. But aside nom ul'
fact OF debt and possible deficit something more
The managers OF the club were alnost all active poF
clans, and had neglected their duties 20 the eiub io
restaurant cxtrayagant though its menu was eNe
lent and while good eating OF the reasons Wa
retained members, yet perhaps something couia
done to reduce the eXpnsc Of the restaurant by Worhs
managers These objections had been raised ne"fp .
year ago but in view OF Mr. T1ldcn's aspirations ~
the Presidency and the effect thar disruption OF Y"
Manhattan Club which had national reputation mieu'
then have ON his prospects. nothing DONE TIE ma
ter was laid over from tme tine. but now inc oe
WAS pressing If Nr. Tlden had been clearly elected w
continuance of the club world have been eeita' oa'
the shrinkage In financial affairs and the doubt rs 70 p
zeal matters had driven the Elolnhers 10 nS"rs
consideration or wlnt was advlsaole "a
would be meeting Of e0ninl.We.
day TO consider wiaf w0nld De Ocst en~ 10y
meoting Ofta wguc ellb wuutd b acid Within 'he ~"
10 pass the coDiiattCV's recommendations - -
The probabilities that the club woniu De -
Organized bat On different h,ss Az present sketN ne
no incOrpOra tiDn, aud therefore each member VIZ %
for the whole OF the debts Tae new Organization ss
probably rnnlety this, aud while retaining !h
iiow having control OF The cub would pl1c. ~ ~.
management men who would attend TO us Dc''A''"