New-York tribune., 1879-08-28

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Mr. JcUett said that his refusing to become pres
jdrnt for an uncertainty nc received In the first place
payment OF $150OOo-that As 900 per f9r zen
Ier year of which $4,000 advanced the original
SO 600 was TO be PAID D cash leaving $4,000 to be
paid annually. When was appointed receiver tne COu
Sdudgcd that as such receiver should Ds o60
$50 per year that was IN addition TO the 9@oOOO
received president should never nave thouSLt oil
assuming the duties and responsibilities FOR the daer-
ance between the salary receiver ana tha as pres
ident what received, or entitled 10 receive was
Mr Jeyett had been advised that legal Obligation
sted an him as receiver 10 make report he Thought
IT, law as TO reports Is detective m It's requisi-
tions not covering what II should; would wipe IL out
and make an entirely now one.
10 copies Of teegra1n before referred to- Mr.. jew
et aga expressed desire TO have Mr steTne sworn as
to where lie got them Tbs Iomlrk Was hGuced Dy he
repeated request that the book be produced from the
Mr., sterpe asked, referring 10 Mr. JewetFs former
statement that the Ere Road was thrown into th6b hands
OF a receiver through conspiracy, who MI JcWett
thought were such coDSpirstors.
NJ Jewcit thought, considering the position he Occu-
pied the committee ought Not 10 require him TO name
any persons; did not kBOw Gollu was one nau NOT not
he "a that Gould was now sesEuG 10 recover from the
company compensation for services III that matter
MI stern6 ASKED II the adverse peopies SUIT was not
instigated by Jay Gould.
Mr. JeSe stated that he preferred not to answer the
question. 49,. A.. ...-,.,. o,,,. &,
which N Jeweit appointed receiver and the case
OF Angel against the Erie Company were nsgated by
Gould, and he appointment OF hr Jewett % receiver
was the result OF cOmprOmse between Mr. Jewett and
jay Could and that fiua settlement between Gould
and the Erie Company was result following me re-
replied mat he dd not know until the AFTERNOON Vi May
% orl9orug OF May 20, l9to that ne "oulu lou 90 az
fhe selection Of a receiver.
MIR Sterne then read from the minutes Of the company
90 sbow tLat the appointment OF Mr. Jewett was dis
cussed at meeting OF the Board OF Directors several
days previous Mr.. Jrwctt did not remember suOso.
SnSnt meeting Of tho directors September p 1873
which a letter from him 10 Mr. Ndtkln, ot London was
read stating that the rseeiVehhip should continue only
SO long mi2nt b0 necessary 70 protect the
interests Of creditors and shareholders, and that
IL might be used a. means OF annnIng a contracts
fraudeuty entered into; Ne idenlhed the leter ana
reiterated the sentiments expressed theren identified
Tie cable dispatch Dy him % MI Mccullough, say
ing taat Tic proceedings by the Attorney for
con OF the directors aud in fu accord with them
On Mr. JoWetr retiring from the stand he SAID he hoped
his testinony which remark was received with a sne
by the large audience IN attendance.
MR. VANDERBILT TgsTWIEs AGAIN.
The examination Of Mr. Vanderbilt then resumed.
He remembered company named " The Southern In
proyement Company -; 'fter an examination Of the
tract be said did not recognize IT, but as Lis
was signed he supposed II made by his father and
Horace Clark; will produce inc contract from the
Office Ghe contract was between the Improvement
Company, the New-York Central and Lake Shore and
Mich gan Southern Don't know that like contract
was made at the same time with the Pennsylvania
Railroad Company; don't remember any verbal contract
with tine Southern Improvement Company in relation 10
carving oil the contracts were made and handed TO
lm 70 sigu; have remembrance OF an agreementre-
riug be transportation OF oil made in March, 1879
On the basis Of perfect equality % al shippers liking
4be rates ON crude oil from Cory. OIL City, etc, 10 BOs
ton at ~ 5Oi New-YOrk. 81 35i Pmiadelphia and
Baltimore, 81 20.
Sir. Vanderbilt told how he bult branch road to
CarKsyle on the promise OF getting large business
In oil Thy got up reception, with band OF music,
When be went there. aud promised all their oil ship
1nents yet barrel freight from there
have told tue Standard OIL Company that any concern
could have The on oil Hs they should think
Other parties besides the Standard Company have had
TRANSPORTATION OF OIL over the NeN-GOrk Central.
The letter read from Lombard Agres Denslow
4 Bush and other firms, requesting equal rates for ship
ping Mr. Vanderbilt said they were the persons Who