St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1877-04-27
Our New York Letter.

TWEED's BOMBSHELL-GOVM MORGAN 5 IN
SURANCE REPORT-THE CAT NUISANCE
A SACRELIGOUS THIEF-AMUSEAIENT
DIFFICULTIEs-A SCENE NOT ON THE
BILLS -BORsEN's RAGE.
New YORK, April 20, 1877.
To the Editor Of The CaiedOnidn:
News has doubtless reached you re
garding Tweed's revelations, ii synopsis
of which was published here early this
week. This confession had been long
promised, and when it came there was
Il general ducking of heads all over the
city and state something similar to that
which took place in the old Scotch kirk
whose pastor one morning broke into
his discourse with the sudden announce
ment that he was about to throw his
prayer book ut an untaithful husband
whom he saw i'll his audience. The full
particulars are not known yet, the doc
ument remaining in the hands of the
attorney general, pending his consider
panied it, namely, that Tweed is to be
set free, and to be insured against fuI Their
prosecution, Oh condition that he pro-
duces his proofs of the allegations of his
so-called confession. If this is rejected
by the government the old Spartan
threatens to relapse into his clam-like
silence. Enough has already leaked out
however to furnish material for num-
berless suits and Investigations, the lat
ter being loudly courted by those whose
names are found in the statement pub
lished. Queer thing, that Tweed is
known to have stolen millions and to
have distributed his booty widely and
freely; and yet you may scrape the
state OF New York with fine tooth
comb without finding man who ever
took one of his ill gOtten dollars. Here
for instance are IL judge on the bench,
the editor of d prominent New York
journal, and reform" leader in the
Albany Legislature whom Tweed claims
as accomplices, and now the torrent of
their vntuous indignation is a sight
both grand and beautiful to behold.
Well, we shall know more about it later.
The climax of the life insurance pro-
ceedings which have noticed from time
to time has at last been reached in the
publication of the long looked for re-
port OF the committee appointed to in
vestigate the ''Equitable.n This young
giant of a company which in its eighteen
years of existence has distanced all
cOeval competition, has for some time
been the real focus of the blows aimed
from all sides at the life insurance in
terest. Jealousy, like death, loves IA
shining mark, and as consequence IA
number of lesser corporations have for
many months sought in various ways TO
undermine pubic confidence in their
too powerful rival, and to injure its
business. To remove auv doubts con-
corning its condition which might result
from such attacks or from the general
distrust occasiOned by the failures of
last season, the officers of the Equitable
III January last made the request of
nine New York business men of the
highest standing, headed by ex-Gover-
nor Morgan of this state, that they
would act as special committee to
probe the affairs of the society to the
bottom, and ventilate every corporate
act of its lite. The commission was ac-
cepted, and three months having been
given to an unsparing scrutiny of its
accounts and condition, the results
thereof are embodied in the cOmpre-
hensive report just published-a report
both critical and thorough. and closing
with an emphatic declaration not only
''that the Society is solvent beyond