New-York tribune., 1877-01-04
WASHINGTON.
BUSINESS AND POLITICS


PACIFIC RAILROADS..
New-YOrk business men representing $780,
OOO, 900 of capital propose that Government
reInouish its $1,500,OO0 of stock in the
Centennial. Cronin. the Oregon candidate
for elector. testified yesterday, and said
he had received $4,000 for his sex
penses" to Washington. The Pacific
Mail subsidy of $5OO,OOO has ex-
pired A compromise between the Texas
Pacific and Southern Pacific railroads has been
agreed to- On the whole, public business oc-
cupied attention yesterday more than politics
NEW-YORK AND THE CENTENNIAL.
A SUGGESTION THAT GOVERNMENT MAKE A GIFT OF
Sl,5OO00O To THE EXHIBITION.
lFRoN A REGULAR CORRESPONDENT THE TRIBUNE
WASHINGTON, Jan. "A letter, given below, ad-
dressed TO the New-YOrk City delegation in Con
gross and signed by eminent bankers and business
men of that metropolis who represent capital ag-
gregating il is believed, $780, OO0,0 600, makes
an appeal for the adoption of legislation abandoning
all claim on the part of the Government to the repay
nent of the money appropriated TO the Centennial
Exhibition. In view of the fact that Centennial
stock is almost exclusively held in Philadelphia, this
movement is unselish and generous, and the letter
finally disposes of the foolish notion current a few
months ago that the people of NewYork are jealous
of their ne ghbors on the Delaware account of the
,uccess of the Exhibition. The letter is follows
To the Hon. FERNANDO WOOD, ADRIAN s. HEWITT. S. s..
Cox f. B. MEADE, 6. B. CHITTENDEN, ELIJAH WARD,
and BENZ. A. WILLIS.
GENTLEMEN: Tho undersigned citizens OF New-York,
recognizing the national character of the International
Exhibition recently held at Philadelphia, its beneficial
effect upon the commercial manufacturing, and indus
trial industries OF the country and its inc9lcnlable IN
fucuce in promoting sentiments of peace and good will
among the people Of all the States Of the American
UnOu well in eleyatinC country IN the estima
ton OF all nations respectfully recommend the ntroduc
ti0n and adoption OF a jOntresolutOn looking TO "a
relipquishment by the United States OF any claim for
reimbursement of its advance Of ono and half millions
TO the Centennial Commission Of the said International
Exhibition.
In view Of the large contribution made by citizens OF
Philadelphia secure the holding and insure the success
Of Exhibition, and also Of the fact that the people OF
tie cutire nation have derived ana will continue de-
rive It's benefits. feel that it is due that the nation
should part of the expense, of which the total
amount Of the Government loan is very mited proper
We feel that by reason OF the advantages our
city received and neghboIhOod to the city
OF the Exhibitions location there would be peculiar a-
proprateness action the part of Representatives
from SewYork to obtain the great concession proposed
that the thanks of the nation enincnty
due the Centennial Commission aud the Board OF FL
nance for the very able and satisfactory manner in
which the Exhibition has organized and conducted
ROBERT LENox KENNEDY, President National Bank OF
Commerce.
GEO. S. CUE, President American Exchange National
Bank.
BENZ. b. SHERMAN, President Mechanics National
Bank.
WILSON G. HUNT, New-York.
j. f. WILLIAMS President MetrorOitan National Bank.
A. CAMP, New-York clearinghouse.
j. ID. VEEMILYE, President Merchants National Bank
Of Nc'y-YOrk
IN. MURRIsoN of Manhattan Company
W. L. JENKINS of Bank of America
CHAs. NJ. Fry of Bank Of New-IOrk.
l. j. " STARK President NrwYOrk Produce Exchange.
JAMES f. WENMAS, President New-YOrk Cotton Ex-
change.
joins A. STEWART President United States Trust Com
pany, New-IOrk.
rHE SINGER MANUFACTURING COMPANY, per EEwARD
CLARK, President.
TIFFANY & Co., Uni0n-square
RoBr. - HELL, President Bank of Metropolis
c. +. HUNTER of Peoples Bank.
S H. COMsTOCK of National Citizens Bank.
A. v STOUT Of Metropolitan Shoe and Leather Bank.
JAMES BUELL. President Importers and Traders Ma
tioual Bank.
JAMES L. WORTH OF National Park Bank.
FL TAPAS, Gdllatn National Bank.
CnAs card of Continental National Bank
]. LEE SMITH OF st. Nicholas National Bank.
r H. LOwRl National Bank Republic, New-York.
GEO F. BAKER First National Bank. New-York
F. S WINSTON, No. Is West Thirty frst-st., New-York
MOSES TAYLOR, President National City Bank, New
York.
7. HANK & Co., st. Nicholas Hotel, NewYork.
HANK, WAITE & WETHERBEE, Windsor Hotel
FRED. BuTrERFELD & Co., 479 Broome-st., Ncw-York.
W A. HULL, President Oriental Bank.