, 1877-04-13

to give the American market anything like
permanent monopoly Of the trade. Those
who 60 slowly in .his matter nre likely 10
faro lilo best In tho end.
THE sourH.PAnK INVESTIGATION.
The latter which wo PRINT below has becn
received from Mr.. G. W. CoLEHoun, one Of
the gentlemen, wn believe, who has been
trying to sell to tho South Park Doard At
something less than $4,000 nj, aero lot of
land which can bs reached in small hoata at
this time Of year. Mr. CoLEnoun naturally
feels considerable resentment against tho
present Commissioners who llave refused to
purchase submerged property nt this ratc,
aud is after tho wholo Board. Ills lotter IL
a. follows:
II aas Editor NJ Ths Trtaea:.
C!1eAuo, April ll.-tn your tsdMe Of tb.lay, III d
leading editorial, you speak OF Mr.. HnwEx. una ui
The Park Commissioners, being lcfa,llscr 10 $i0,
900 OF more, md that such carcicssneas IL "nn.
douhtcltly \ serious reelection upon tho whole
Doard," viii TnE TRIBUNE now a.yiso Tint steps
tc taken for the recovery Of tic amount Of slcf de-
falcatton Of such carclcss members Of tho Tark
1toat. and a1so that they be indicted nnh tried for
such oTcngc, IT such It buf What II TME TE1nuxE's
advice In this ,attcsy 11lavc In letter alag called
As@o 1Nt&% +AsAVhASF A$&S"tt0A ~ sH'9 "'"f%iA.
Z. ". coLElioUn.
All That TnE TRIBUNE Ind to say about the
BOWEN mattor was that certain testimony in
the courss, Of the investigation indicated u
lefalcatiou, or the use Of Park money by
Mr. DowEN for which vouchers Ind not boon
produced. A,noug tho evidence on which
this statement was made wins TINT Of Afr.
S1pwAY, one of the Commissioners, Alon-
tlay afternoon, April 10, rs follows:
Mf. TauEspELL-fou may group together Tho
Icnsonh which induced You and your br0thct Eont.
ntsstuncrs 10 defer settlement either from Mt.
BOWEN or tho bank.
Mr. aluwAr-Tho nent reason was tho one which
l gave this morning tJowEN's slckncts), which
ncctl not repeat, anI tho other ono was that wAA
very well satisfied two ycaEs ago that Mr. BowEx
was nsulycnt. md TINT hts bondsmrn wcsc lnsut.
vent. l was working 10 gct all tho monaY could
for tho rark FUND.
Mr. TnrEspxtL-lf you knew this. why did you
not tako rome action leaalu2 towards Its exput-
sonf
hr. BtpwAr-I tonk alvico upon tho matter with
tue attorneys for the Commits ,iuu, and asked thom
what my lutY was In ths premises, Ms. Cnow haY-
Ing advised tint ActkvA efforts should 10 taken to
clear up tic unadjustcA account.
Mr.. rnuEsrELt-rhfa secrns another matter;
what active stopa did you tako to settle matters!
Ties wcro lnbovent2
Mr. sIpwAr-1t camc on gradually, probably
shortly after my return from Europa in tho fail Of
1875.
sfr. TauEenKtL-Why when yuu found IowEx to
be defaultcr md insulven, md his suretics also
insolvcnt, did you not cndeayor 10 gut him re.
m0vca?
Mr. stpwAr-wo thought It best to Try to
ssenlghton n,ntters out us far al possible and
BLieectl It best not 10 dIs1tAc0 DpWYN,
Mr. TnukapEtL-Was thcro any danger that II
1fr. u0wEN wns removed tho bond accounts might
become atiil further !nyolycda
Mr.. H1pwAr-I offered resolution guarding
against TINT, and since that limo IowES has drawn
no checks and has not handled dollar Of tho Park
funds.
Dir. TnuEsuEL1-Wcll, thought would alve
you m opportunity to answer these questions
l. which wcfe In my mind
The witness then gavc an Account OF tho manner
In which tho financial affairs Of tho I}oard wcro
managed as fur as known to him. There had bcon
a Finance Committee, hut 1t was ncr1r nsod, and
had been abolished.
In rep1y to Dir. MAsox, tho witness snid thai II
tho Park Hoard could procure tho remaining land at
honest prlcus the assessment would bo ample to
Ray fur It. II, on tho other hand theY had to pay
s., 7bO per acro for land worth 500 to $500, It
would not bu sufficient.
Porlnps II would bo falror to Alr. BowEN
and his associates to give time for ascertain.
lug definitely whether there Is defalcation
or not before presenting tho whole Doarsl to
tho Grand Jury for indictment, though OF
course Mr.. CoI4EnouR onjoys tho privilege OF
ovo1y citizen In bringing tho matter 10 the
attention Of tho Grand Jury, Mr.. Bowen
(who, as President of tho Board, was for Il
time empowered To draw checks on tho funds
IL T.. Y$- H.. -fIf-