The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-03-27
THE RING COMPROMISE.

WHAT COUNSEL FOR TWEED, swEENY AND THE
PEOPLE DON'T KNOW ABOUT IT.
The HERALD announced several weeks ago that Mr..
William NJ Twced's counsel bad spoken to Mr. Wheeler
H. Pcckhan. representing the Attorney General in
the Ring suits, concerning compromise by which his
client might, upon tho restoration OF certain sum to
the city treasury be set at liberty, Very naturally
this statement gave rise speculation and discussion
among all classes in the community and the kcenest
curiosity manifested as to the progress Of the
proposed settlement Certain stories have since
the light in which surmiscs, gucsscs and bold
conjectures to how and when tho Ring suits to
be settled have been told matters Of fact AS
might DO expected tho publication of these wild state
ments Is exceedingly annoying to all the parties
concerned and great deal OF Indignation against
their authors was expressed yesterday by tho gonte
men having charge OF the various suits
Mr.. Wheeler H. Peckham declared that there has
been no definite proposition Tor settlement yet made
by Mr. Tweed's counsel, Mr.. John d. Townsend. The
latter gentleman had merely discussed the question
whether proposition, IT made, would be accepted.
Mr. Peckham could form no idea as 10 what form the
proposition would take If It were made, and of course
could say whether 1t would DO accepted. With
Mr.. Pcckham SAID any suggestion of comprom Sc or
settlement made by either side, and all the reports
about Peter BIS returning $4,000 chiefiy in real
estate, are sheer abrications.
In relation to the report that Tweed and Swceny
combined could prove that ex-Mayor Hall had shared
IN tho Ring punder Mr. Peckham declared that SO tar
as he knew Mr. Hail had received dollar OF the
stolen moneys, and District Attorney Phelps was in
cined laugh at the notion. All the bills and other
documents connected with the famous swindng OF tho
county had been carefully examined and traced, and
not had been shown TO ave found IT'S way the
pockets OF Mr. Hail. Mr.. Peckham and the District
Attorney had brief conference in the Court House
yesterday morning, and they agreed that nothing de-
rogaory tn the character OF Mr.. Hall had boon devc
oped or SO lar as they knew likely 10 be- by the
forthcoming trials. AS to an alleged manufactured re-
port, said 10 be in Mr.. Halls handwriting. OF meet
ing OF the Board OF Audit, which held and
which has been alluded to startling discovery, Mr.
Peckham said the theory Of the prosecution had
always been that the meeting never held and that
the document had been evidence the trial OF every
Ring suit.
Mr.. William A. Beach. senior counsel tor Swceny,
pronounced the statement that HIS client had made
Overturcs' looking to settlement an unmitigatcd
falscnood. There has been absolutely nothing OF the
kind limited at in the case, ana will not be. Tho
ter, Mr. Beach says, shall be settled by trial in open
court when the called.
Mr. John ID. Townsend. counsel for Tweed and
Woodward, equally emphatic In his denial Of
the rumors about the settlement OF tho suit against
the "Boss'' and his immediate rolelsc. SO far he
knew compromise had been made or was likely TO
be made very soon.