Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1876-12-14

was euOIHOuSlt augueuleu, anu tue market
flooded with them. The subjoined tabulated
statement explains:
Issues per- Actual
mitted issues in
by the violation
Issues of the scheme Of of the
old comply. May Is, 1870. Scheme.
list Mort bonds 81 1890 sio, $4,000 sls,0o0.ooo
S,sOsiW I,Oco.ooo iz,Ooo,ooo
:, NOR. bonds. I7,5sssoo 2a.s4s,eoo 2e,oco,ooo
Prei'd shares. i,9i9o00 6,9ii.656 IS 100000
Ordinary..-.... 2susi,coo l6,2ll,'A 2s,Ooo,VOo
sas,Ss2,ooo s65,O0,, 200 slus, Ooo, ooo
The New York Stock Exchange refused TO
give place 10 the third mortgage bonds and the
preference and ordinary shares. on the ground
that they were worthless, the first and second
mortgage bonds having been created to an ex-
tent which exceeded the value of the undertake
Ing. This fact was Withheld from the British
public. The London Stock Exchange, on the
other hand, granted quotations for all three
classes OF bonds
THE HAND OF rILpES
In 1915, Tilden ct al. applied to the New
York Legislature for the re-enactmeut OF the
Erie Classification law" of 1869 repealed
March &c, 1872; but their bill was altered so
that the classification feature was stricken out,
and the present Erie Board permitted to legis-
late continuance in office for five months
namely, to the last of November, 1876. By ref
erence to the World, of June 10Th, it is seen the
Erie Board availed itself Of the law which was
approved by Tilden. in June, 1875.
The Erie Reorganization bill was pushed
through the last Legislature the last hour OF the
session, and was approved by Gov. TIlden June
2 1876. The reorganization scheme under that
&c, is TO be controlled by Gov. Tden. who will
again be called into Erie management not as he
was by Gould, Tor counsel merely, but as the
Chairman and umpire of the proposed Reorgani-
zation Committee. (See London Erie Commit
tee report Of December H. 1881 His former
connection with Erie affairs appears from the
books of the company, in which we find the fol-
lowing iiem
Samuel J. Tilden, January to February, 1869
legal services. $4,000, (See New York Assem-
bly, document, 1873. No. 9S, page 1867
1t is proper, however, to say that the Gov
ernor, under oath, denies having received from
the Erie Railway Company more than $4,000.
His explanation (pages 35l, $50 and 35s OF the
same docurnent) are, as follows:
rILDEN's TESTIMONY,
Samuel J. Tilden, being duly sworn, testified:
"Mr. Chairman. notice in the journals this
morning, statement that $4,000 in two sums
of $4,000 each, was paid me by the Erie Rail-
way Company in the fore part OF 1863; the one
item of $l0,0 coo has no date think except Jam
nary blank; the other item, l don't remember
the date; wish to say that, il the books con-
tain any such representation, they have been
falsified. did receive $4,000. believe in Feb
ruary 1861 for services as counsel and arbiter in
the Executive Committee of the Cleveland aud
Pitsburg Railroad Company
20. The $4,000 that was paid you how was
it paid, by note or by bills? A. Check; could
not tell the exact date without looking at nv
books; but presume it was on the 18th of Feb
ruary; Mr.. Gould testified before the Judiciary
Committee that he never performed any services
for the Erie Railroad; be said he paid me one
fee OF $4,000, retainer, tut said never acted
as his counsel, nor ever returned the retaining
fee.
% You deny, then. that the second amount,
$4,000, was ever received? A. The first amount,
the one dated in January; Mr.. Gould, in his
testimony last year, only pretended there was
one amount of $4,000 and the point of his sug-
gestion was that l never rendered any services
for it; so far from rendering any services to the
Erie Railroad, he said, turned up on the other
side, which alluded to the fact OF my being
counsel for the bondholders Of the Atlantic
Great Western Railway Company, in opposing
the lease of the Erie"
SOME OF TrLprN's FRIENDS.
Further examination of the same New York
Assembly document, No. 80. OF 1873. pages l39,
336. and 331. shows that the following amounts
were also taken out OF the treasury Of the COM
pany Tor legal. extra, and incidental expenses"
by the parties Who paid Gov. Tilden the $40, coo,
namely:
James Fisk. jr., March 10 Dec. 1865, six
items, lega and incidental ............ s1i7 400 4s
Daniel Drew and Jay Gould, several
items legal and Incidental ..--......... 4sfs0o 90
William NJ Tweed. Nov. Is, 1sss........-. 2u.v0O 10
William NJ. Tweed, Dec. l. 1868 .......... $3.50 90