The New York herald., 1878-10-27
FALL RIVERS INDUSTRIES.
Business Recovering Healthy Tone After ths
Dafalcaton Excitement
CHACE AND HATHAWAY In PRISON
Effect OF Hathaway's Declara-
tions Against Durfee.
FALL RIVER, Mass, Oct. 25, 1878.

FALL RIVER. Mass, Oct 25, 1878.
Tho Border City breahes easier. she hM
passed through terrible crisis and one from which
II will take her years to recover Her credit has
suffered severely, but the large number oil respon.
siblo mi!lowncrs and managers with whom your cor
respondent has conversed ieel confident that tho
worst is over and that, with the expected improve
ment IN business FAN RIVER Will regain her standing
In the markets and money centres OF tho country
The mills find It difficult 10 borrow moaoy since ths
expose oil Messrs Chace, Hathaway and Stickucy and
it's only by onernG uniuipeachaole security they
arc able make loans II is believed, how.
ever, that all tho decaycd timber has
been cut away and that no further
damage TO Fall Rivers credit will follow.
Since Chaces arrest carly IN tho spring mono OF the
mills have been in trouble save those in which Hatn.
away Chace were interested.
cHAcE HATHAWAY.
Hatbaway's statement has created a profound sen
saiion, dgent inquiries reveal the tact that hii
young man has very many friends to-day not only
among tho rich, out also among The workngmen. All
consider that he tho tool OF Chace, who used
solely negotiate loans and steal the money which
belonged to the Border City the Sycamore Mills
But fow doubt Hathaway's statement, which he read
before he received his sentence. While he was cog
infant Of Chace's motives, IL could plainly be
that ne was in tho attcrs power, who fright
ened him with the picture OF The State Prison
before him Tor having loaned HIM (Chace) az
the commencement OF hts criminal career the sum
oil $4,000. Many OF Hatnaway's best friends admit
that while his statement Is literally true TAR
goes. II iails to tell the whole story and they
PANIED know that he did not embrace the excellent
opportunity offered unravel tho mystery in all III
intricate details. Those who believe that Hathaway
is incapable Of telling the truth, denounced his state
ment as being both false and incomplete. They allcgs
that he exposed only those who were inimical TO
him and his interests while he has talsd TO eliminate
his friends who were acquainted with his transactions
aud prohled by them. his class believe that other
developments must ensue, and that justice mas
got possession oil all The who have brought ruin
and disgrace upon the city. Thcy are at loss 10
count for the amount OF money-bstween 500. 00c
and $500, ,O00-whicn Hathaway received from ins
insurance companies q lew months after tho burning
down OF one OF his mills last fall They would have
been better pleased If instead Of preparing stato-
ment which would fll nearly ten OF the HERALD coll
umns, he had imply said :-"Gentcmen. have sroleB
many thousands OF dollars. nave given S. Anger
Chaee SO much OF the estate OF DR.. Durfcs and hiA
son, Holder B. Durise, SO much more"
MR.. DURFEE's POSITION
Naturally tho friends OF Holder B. Durfee are In
dignanl at inc astounding statements of Hathaway
III regard TO him, but willing 10 admit that Il II
incu upon him (Duriee to make explanation,
Mr. Durloc refuses TO De interviewed, and pronounccs
HathawAy's story mass oil lies, unworthy oi an an.
swer from him He is ad ator ol The estate OF
his lalher, DR.. Durlee Angicr Chaces fatner-in.
law. He Is about thrty-nvc yeafs OF age aud Is q
graduate OF Yale College. He mas filled the duties OF
OF Tue FAN River mandatory since Cnacei
DOWNFALL. In view OF Hathaway's allegations enortS
beng made TO oust Duriee from his oihce ad.
hearing was 10 Lake place ana Cnace b
brought from Concord 70 confront his nccuscrs.
| MIN ever sincs hts DOWNFALL informed your core.
spondent last night that he thaihaway) had docu.
nentary evidence 0I Tho truth ~ all he has said.
| MOVEMENTS FOR PARDON.
| A determined effort viii madc 10 have
Hathaway's sentence materially shortened. wide
spread feeling exists IN avor OF Executive clcmency,
ard therc IS no DOUBT that petition Ia his Iavof
would receive the signatures Of hundreds oi Inc
business men oil this and surrounding cities hear,
also, rumo- tnat similar move will he made -
iavor OF Chace and sckney, the latter however, not
| having been tried as YET. No one Tor moment De.
heves that either Will out Eaf
| OF his sentence. Both Cnacc and Stickncy have
| gwen immense sums OF money Tor ed ucationai and
| religious purposes, and IN the matter rcicrred
10 THIS action OF thoirs, although tho money be-
iongcd 10 oihers will tena TO propcs
time Several Clergy men have expressed their WIN.
ingness 10 slgn petilion. Hathaway III MS staio.
ment made the foliow ing opscrvaton which goes "a
he .. pscts 10 be Some BODY yeti thank
God lhat du not eav. my country, but that AN Ia
my cwn dear old MASSACHUSETTS, TO day; and thank
| God that am unshacKied from the men VINO have
caused my rum; ana whio nave done very wrong
do feel that have manhood enough vet lett anu upon
/
Board Of Assessors VINO lost 900 by hathaway,
states that he Is ready 70 sign pe.ion Tor the re.
duction OF the prisoners sentence. 1t Is known
10 no less lnan SIX persons this city
both Chace aua Hathaway would have lett the coun.
! try had they been aDie to fee some country
where tney could not nave been brought back; but
they iacu 10 mud, upon pcrusng the newspapers tho
| announcement oil The sailing oi vessels Tor ports
where the cx,radiiion treaty would not be likely 10
| trouble them.
Ii Is thought that stickney viii a light
tence. Neitner Cnace nor hathaway impiicats MN in
wrong loing. IL Is cxaggerai0n to state tnat
thsre Is quite Widespread ieeIing oi sympathy Tor
Stckney, as well as Tor Cnace aud hathaway.
WORK WAGES.
AL the mills, save Que tine kUusson) Who're sert.
arisen IN regard TO the
hour law, running. No iur.bcr reductions Ia Tho
rate oil wages are anticipated, although the upward
lendency OF tnc price OF cotton may nn aencc tho
Board OF Trade to make a notion.
The wages OF the operatives will hardly bear any fur.
thcr reduction, for they are now earning scarcely
enough to exc out iivng. They, to gr' at extent
have suffered from tho s,ns OF The embezz!ers, and
tnis iact Is freely discussed by Them. The men VINO
now prison were inc ones VINO were constantly
iavoring and agitating cut down on tho plea that
paniuly show why they were losing money, and
not 10 be expected that tho operatives
have very kindly feelings toward them now.
In justice 10 Tue otner mills u should be statN that
Their maLagcment does net approve OF the ,sn al
the Robcson mill IN trying 10 make their opeY.vei
break state law by worKing eleven instead o;
hours per aay. Tho kan River Neps the official
organ OF the manufacturers, says
III the Robcson min Is guilty OF making It's opera.
lives work over ten hours day 1t Is in the wrong.
1t represented IN the Board OF Trade but tnas
makes difference Ii ~ violates the law IL should
overtime Is an act OF injustice to other corporations
Who're are tue detectivcsY Let tncm do their duty
feariessiy all round"
Nearly all the mills represented In the Board oi
Trade. but the managers OF the Robeson do not bc-
Tong 10 Il, and they pursue depeu dent
all matters pertaining " The runains oil their mills
THE AMERICAN STEAMSHIP RUMOR.