, 1879-07-10
Attempt Of Discharged Employo Of
Erie to Estimate That Prop-'
erty.
Denial OF His Charges OF Official
Falsi(ication OF Re-
ports.
4 New Suburban Road to Be Built BY tho
Illinois Central,


u'lIa[t AaGto "eIE 0ofeIbEEu Ill Testimony BLOW
the enormous drawbacks and rebates which tic
New York Central pavs to other lines
aiM to shippers. a 1ttt!e scnsational evi.
dcuco WIS given, also, With reference
to Eria's system Of accounts, ami the
serious charges against Mr. Jcwott, which
led to his arrcas for perjury a year ago. Alr.
1sueker, Goncral Traffic Agent of the Nov York
Central Railroad, testified Tint the earnings on
mileage paIA by the New York Central to tic
Merchants Despatch Company In 1878 amounted
TO 1900. The total freight trafnc Of tho road
for that year was 7,422ss,alS tons: Among numcr.
outs instances OF tho drawbacks on freight
charges paid to shippers In tha1hrco years end
ing July !, 1870, Mr. Ruckcr mentioned tho fol-
lowing: To tho Standard Oh COMPANY, SCo,574;
to the Keystone OIL Company, $tl, ,57]; to the
Bostol. RolncEs' line, $y9,3G7; to Annnh,
Chaplin g. Co., 30.SS0; to tho Boston s Albany
Railroad Company ION account fsundry shippers,
there were also paid, In tic same period. rebates
rs follows: To james Rostwlel, $50, TIL; to tho
Stanslnfd on Company, ft7,S0l; to the Acme
OIL Company, s40,178. The amount paid to
Eaatmau, Allcrton s. Morris, as cattle "ereu-
crs," by tho New York Central Road, was $751;
800.
Mr.. Storne said that, somo weeks since, the
Chamber Of Commerce sent out cireulass to tho
various County Trcnsuress Of tho State, with q
vfew Of asccrtn1uing what aid bad been 9t7en to
the railroads. From the replies received, It ap-
pcarcd TINT the totnt county. town. and village
aid extended to the railroads Of tho State sas
40, on, ,aD5.W, md the Stale aid was 500
59l.0f, Or total Of SIC, ,G3D ,40G OF thLs there
remained unpaid bY tho railroads, or, rather,
tho bonds wore outstanding, for SEQ, ,059, lis On
JulY i, 1876.
George T. Batch, formerly assistant In tho
Construction Department Of tho ErIo Railway
COMPANY. wns nn.t cramtncd. III tcetffcd
~. t.. -. ~" ,"..s ~ ~aa 49, ~. ~ Nes'uao
1''"'' ~ u'o !at'e' pa13 ~ .'s sc[s'ce' he pro
rnrro Inc statutory reports OF tho Company for
Ncw York, New Jersey, and Pennsylvania. He
continued: ,.'rhc rcports matla by me for 1874
to tue State Engineer Of this State. undor Mr..
.ye"ests 3hatsnctiof' hfc MISLEADING ~ to tho
debt, tho cost Of road, and the cash receipts aud
payments, Tho report IL misleading. conanine
thu Auattng debt to sloans mud bills payatlo.'
u,ha ror. .,,,,,,.,;.tro;,4u - 80 ..a 80
to assumo tho obligation OF perpctu-
ating tho Misrepresentation md fa1sih-
Gallons, year utter year, OF Jay Gould
and jim Fisk, with thts difference: thAtthey still
more uislcad tho public than Fisk and Gould
had ,lone, by mems Of the creator faith OF tho
public In the integrity Of tho new management.
Sir. Dalch explained tho plan under which he
I,,nde In 1S75. 1871, md 1877 the inventory OF
the Conipany's property 10. tho Receiver. THO
aggregate valuation of tho property 30 taken
WAS about $t0, ,0o0, ono, based on values. Us tley
werc at TINT tno. a1,d tho aggregate valuation
Of tho remaining eropcrty Of the COMPANY, as
represented by stocks aud bonds OF
other corporations, was about S1a00O.0o0
on It's face. Allowing for fluctuations
ol yalue the grand total valuation Of all the
Company's proucrty would not uxceed sos, ,000.-
oNl lfe report OF tlle company to tho stock.
holders IN iS5s pnrpSr5Ga 70 liz Tie valuation OF
tue roa:i y a. slh:' 'bShooV." ~.
Mr: shipMat' sa!u that th!s was Erosa At
tcmpt to tiecFy ne yalue o. q propert! With
iaree inteEcsts tnat was aeait IL every day on
TIC stock Exchange, antl would, perhaps, Affect
many nersons unfortunatc,s. lle deaIrctl to say
tlmt t!lc witness was DISCHARGED enp'oye, who,
dnFlns aud einco tho rcconstructlon, had done
nli NJ could to in}ure tns COMPANY. and hfs
testimony was worthless. Thu witness nsked to
be allowed to explain, aud big rpoueat was
nf,f5 Ia In f1fuat1 h,rk