The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-09-25
PHlLADELPHIA'S SENSATION.

I11h - i ~ J..
Mr.. MOTIONS SINCERE PENIrENcE-A FULL
AND FREE CoNFEssIoN-HE Is READY TO EN-
pvRE ALL.
PHILADELPHIA, Sept "a, 1871
Mono oftne three officers of tho West Philadelphia
Street Railway Company who successfully conspred 10
issue fraudulent shares OF the company TO such M
enormous extent to equal twice the amount OF the
legazcd capital has yet been arrested, but they arc
under police surveillance
Mr. Morton expresses him sell Is not only willing
but aid repairing tho losses He has re-
fused to avail himself OF the advice OF legal counsel
To n HERALD correspondent who called on him this
morning he said
SINGULAR PENITESCE.
81 am worry DESTROYS that public shall not DO led
10 regard mo with little Of right and
wrong that cannot and feel the crime that have
committed. II did not know l had done wrong
would not DO here now prepared to face the consc-
quencca feel my responsibility and my duty stay
and suffer tho penalty. No man knows better than
what wrong have done, bot could wish that those
who without would the FIRST Stone at me- -
Mr. Morton desired to deny the statement OF Mr..
Swain, the director, that when to asked him the
plump question was there any overissus Of stock,
that he (Morton) denied It
~ uothcr affirmed denied IL, ;" said he; ~ said,
Well. gentlemen, you must examine the books yo ur
selves. Al tho timo OF that interview, Huber, the
Treasurer absent from the city, and suggested
TO Mr. Swain and Mr. Baush, when they came TO me,
that tho examination might DO deferred until Mr..
Huber returned. 1 asked this as n personal favor,
knowing that 1t would do harm to wait did not
inpart 70 them my purpose IN this request, nor
havc l, until now, TO any one IL wal
Ibis. Reports had reached me concerning Huber
which caused to doubt whether no would retarn
the city at all II the thing became public wanted
HIM nero and mat was why asked Tor delay, know
ing that he would return In n day two. will
INK TO shoulder my share OF responsibility iu this
ansir, but don't want 70 suffer for hrs sins.
t4ias gHi EXPERIMENTATION
al am reported TO have SAID that could criminate
others. but would not undcr any circumstan
circumstances criminats others for tho pur.
poso OF saving myself NY purpose is 10
Ak the responsibility JUS. where IT be,onss.
hcs,tatcu In terminating others far Is required
10 moot the ends OF justice AM Of peculiarly
siiive nature and would yiold 10 black maiiing on
larry placed That TACT The oil large part
oil my own share in this trouble"
LAwYBRs APPLY.
''lIave you taken legal Advice?" was asked.
''No have not engaged counsel, ana shall not do
and l have received letters IRON eminent lawyers,
offering their services TO mo- But have need Tor
counsel. | know the wnolc case, just what have
done, just what consequences ] have laid myself
liable 10. Tho responsibility Of what / nave
dono J. fully assume. rne consequences, IL they
come, l shall mcot INCREASINGLY and uncom-
piA,ningiy. | shall not under any circumstanc cs
avaii myself Otany Legal qutDole to save myself Mr.
John c. Bulc. tho company's attorney, wrote to ask
II would sec him, and OF course gladly did So We
had interview and have sent to him again to-day
Tor further consultation. have given HIM tu list
Institutions in when tho ovcrissue of stock was
placed and OF the amountG
blame no one for cepsuring me in tho severest
manner ne said, but II all would consider how many
hundreds u men besides mysclf-,ncn holding high
position and enjoying the fullest confidence OF tho
community--may be guilty OF the same kind OF wrong
doing feel that more charity might DO used pass
ing Judgment upon me- Some OF lhoso who are M st
vigorous In condemning me may havo the Same fate
impending over thom
WHAT LED TO TIKI rnEFrs
"Tho history OF the transactions has becn fully
given, hag II n0tf" was asked.
''rnc history OF them may DO very briefly summed
up. they were begun with the intention OF prevent.
Ing loss 10 others and not Of gaining anything my
self might have made hundreds and Thousands Of
dollars, but did not make cent II q single share oil
the stock had gone into my own pocket l could
not now DO so hrm. Circumstances controlled
Ihcu. shrugged on aud on, with that
terrible secret heart kept up by the hope that
should be able to make. everything right. No one
realize tho suffering have endured during tho
past seven years. l have been comp lmen,cd fol
being able. 10 do so much work so easily, and hay.
and wondered AZ was but child's play compared with
tho tack Of keeping Shserf f.os 20 hide the dseadfu
secret thai none knswOL Plenty OF men have e~siee
Inc my posn,Pn and my prosperity, while have gone
along the street c0vying the humbest day iabvrer
met. Frcnds have praised mo for this and thai good
quality and have thanked them with tho humiliat nl
CONSCIOUSNESS that did deserve tn cir good w0rus
have had no ambi,ion, political or otherwlse How
could have with this load to carry?
WHAT WILL DO.
do not know what Is " be done with what
Is TO be required Of inc. am waiting he pleasure oil
the stockh odcrs. But one thing IS sure shall use
every endcavOr 10 straighteu out this matter. aud
nothing that can do 10 accomplish that ond shall be
left undonc. Beyond that, VI am pormttca, shall
try and meet ovcry Obligation incurred N these trans
actions am young and energetic, and hope to bs
able TO do II. II do not IT will not BIO because
l have not tried most strcuuOusly. Ny personal
ambition from this time forth Is TO redeem my name
anu 10 prove that am not dishonest man. That IL
what shall live for. ! have no desire to die and
leave tha; task uuaccomplisheo. There need be nc
fear that l VIII commit suicide, though II would be
much easier 10 drop out o tho world than TO suffer
what suffer now and suffered for the past seven
years. am not afraid OF DEATH hut want to live to
repair the wrong have done. others have accom-
piished the sad task OF rcdocming thcms Gives, and
feel better and easier than nave for past Nc
one knows what havo gone through, nut now, thank
Godl II Is over"
no EXCITEMENT on CHANGE.
There was no SPECIAL excitement at tho Stock Ex
change this morning. Tho scenes were OF the usua
character the brokers and others having business
thc street" going about their affairs AS usual, and
giving Iitto sign OF tho furry of SATURDAY. The gal
lery Of tho Stock Exchange pretty well filed b.
people who supposed apparently that tho day q
be one OF turmoil and excitement, but they dis
Railway stock at the Fist Board, but there were
sa!es. Other stocks were not influenced greatly BY
tho controlling piece oil news OF the day.