New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-08-27
GOVERNOR CORNELL'S DEFENCE.
HIS VERSION OF THE STORIES ABOUT AMERICAN
DISTRICT TELEGRAPH STOCK TRANSACTIONS

The NeC- ON IdWtt ~ iteF""s
SARATOGA Aug. pa correspondent or
T1c Times round Governor Cornell on the piazza of The
United states Hotel thls m9rhing o w - an ~ bnS
morning papers and looked as str!,e as II rI T
hub were ON about MS denomination me itDe$s
representa- had ntrle difficulty in ENGAGING MN III
a conversation which developed into review OF the
whole subject. The first question asked was: Coy
that me Albany Ereng Journal article hlch mas caSeu
30 much III ,cusslon, Was inspired by you. ,o,,,oa
The assumption correct tuc GoNcIhOl itpit"'
70 mis- KENT had conversation with the Editor
~ Tbe 1o,,,1Gi of when the article you refer
undoubtedly the result though nothing was sad ny
either Of about anything being written or pI,!tcu
The facts are stated correctly III the main. But an
inference has been drawn the article that moor
rect and my enemies endeavoring to obscure He Is
ling attempted to bride me-. nor meant 10 ne
so understood, nor d. l THINK me go" IH
article, airly construed, bears thal lhteIpttl'o" @
os there is perhaps some confusion OF eAlreSsOh am
glad have AN opportunity to be sci rgnt 60 "a!
that did believe ana Iau ever! as'ul'Vo, M Nt.s.y
lcve still, mad been nlaut TO the wishes o h'sSls
Gould and Conking IN the matter OF the ieIMe9 LAX
bill saould have, il not their support at least not ter
opposition. do say that they nave created ana Ui
that not because of hing wrong have done out ne
cause o my action in that and other matters wherein
/ believe was right about the Robertson business
and IN refusing 10 join IN the warfare On President GaI-
field night III telling Mr.. COnklng the actual cOnduuh
of Things when ne came home rlsht IN leI7as 70 az
prove Pclc Mail Tax Diu llsHt III refusing 10 "P
P,riiap. il does moi become TO speak Of my ad-
ration, though may say il has been without
scandal. and seemed To nave the communication OF
the Poe OF tne re a n I n, ht these men nave
marked Tor destruction, not because OF any mistake
but bee nave UdItU az IVOh ny 'Oh'iO
tons ght against their WILL
under consideration you viii remember That ;ne organs
began announce mat the Ratchet had hee Dued ana
Nj. (ouhlug would not oppose uy rcnOnnnduOu As
soon a. 1 sent III the bill with my dlsaprrovA heard
o the being made by these men TO create and or
game opposition to my reelection WMch cOuId not
doubt Ihe papers owned and subsidized by HOuiu
onsud fre local leaders were sent talked WITH
changes we're made Federal offices, and t1nissaIles
sent through the state To Try ana secure delegates OPP
posed aud means 20 That emu to START up local
Candidates bo cast aside after they should nave served
their purpose. Anyone who doubts TINS need only read
who are SIN under MI Conklnss contro by reason oi
IL may that Ou-ht to have permitted TINS sap
ping ana mining to 20 on without word bat IL mas
te,Ined 10 MT "a decent sertspect required that
shuulu meet The issue when these men nave laseu
afford TO be beaten, but aH not Wiling 'h"l the
Hnye YOU read mat "a Mr.. 1ilotson Is represented
10 have said jay GUulds statements about bind
Certainly" said The Governor, aud there was moth
ing IN eIncr those transactions involving either tur-
ptude or Improperly @Xc1R. ina IT ssen 10 S1iiy
Win GOmd even thoutA I"Toed mo t!ien oy nc
sire 10 prOtecl ones property Ia the hIet pace, You
mus, kuOw tnat have been CONNECTED Nlth the tcIe
graph bIrness during ali Oi my active LIE Ny idihcr
MAS col Dorrr win Prof ssOT Morse Dlt the nrs line
OF telegraph Ia TINS count anu was fof man! years oDe
OF the IN prominent telegraph uaud5ci7 began hs
ateegl.pn operator The age OF sixteen, ana lave
an ,r nm ta, Western Union telegraph Company and
1or teu years a director III the ADIcucan D.sTct 1e4e-
Nj. Iiolson's reported assertion that used the
fund. If American Distnct COMPANY 10 speculate IL
sOca- ioseand you shall Jddge WIe,her l. not most
nahcVusy 50 Wien siate 10 y0u an theIe was OF .ne
transaction winch Constitutes The Only oasis o. MS as
serton. IL the ear, part 90 1919 IA fcDrua!, 'nh,
the company uad "a cObsdeIAD4e D"dHcc ol iui"s uH
hand i, WAACu had 40 immediate use III was on uc
pOsi uust company a pei cent Intvirs. "a. III,
tine members OF ND iahis "Ao wee neIs %
eevrr tnouslQ shares oil The American Dslilc STOCK
were owing borrowed money on w.lch thty were pay
inr q .r cent Interest tbs stock bens the cOAatcra
Thluhlug would be IA desirable lIue 10 enable lhe
N. ,u p1,, suggested to President An0It"s mat We
conld loan $4,000 Oh cal, wlth 5000 SHARES Vl the
an. ne ~lfI Il. /. 4
worm >0uUIO la the m-ihei, and since tAd' tlHe mas
eiway, d. on worth much more. iii. Andrews age
win me without htsltatiUn. and The loan Wo maze. Ii
loan was made Oh tie nOte oi my CON- secured
10y the O'VOO shai's' pto"u'o ~ o It 10 , ,,,,,.d
of me trsuoIon ODyCtCG 10 IL, the loan Wac called H.
sna ,,.e al once repaid. 1t perfectly legitimate
trans, c,lon en.reIy tue inteTes OF che company
No "a s4D, &c dollar Of the nOne waH use" 20 uIoDase
Telegraph stocA u any KIND Inc charge oI W. lotSon
Ol.iua,d malice Uut you lave o. coursC no interest
TO near .Ae niNtOry oi any persona. qlhIe.' ~ ,, ~,
i,ut me pool Governor; those are WOru5 OF
omiuous import 20 JAc unnltiated. ,,,..,,
eli, yOu shall AnO" al tneie was OF IT, sald ne
lut r,t et the facts cut OF when Mr. a. B
onAso, Installations originated, no they were pro III
oi~oi .. 90 r,,st ed me holt Ia, A,er,c..
Dis,Ilc. COMPANY, knowing tuat my fathers
es,a.c ana my own ianhiy were ne largest
holders Of the SOCK The company Was
yery prosperous and seemed 10 have prOmisi &
future Nh Johnson iuly and accurately INFORM
of me condition the COMPANY lie made. as "as Ia
formed a considerable investment IN as STOCK In
October, 1850, one OF tue pratic' wah street papers,
Nhcu was Supposed 10 DC Inspired by UOud cOhienc
ASn!4aous attack On the comSanJ wAicA l. kept up
from ia, 10 usll several Ihe purpose vi Tue
aiicA vas supposed TO DO 20 deprcss tue Price oil e
so H. IN Oldur tnat could might Duy Gp controlling
iLtef,st P,c Prices ana thus a. ''o" 10 ms .o
c.,l,l lniviosts lie mead Oh tue Amsil
cau O4.Ou, hsntIng tne " stern Union We were
" Tie Union, occupy IhS INC
o1.,r. .jth maj company at various points aDOut
me dy, ana having contracts With II for iAe
lCco.pt aud delivery vi messages. when thl~ aljaCh
was made on our little compiny consultation
IL a determination TO protect themselves aud
their property against the foLay, anu nc
.,nriizf. IA - agreed should purchase "A
jorl.y % stock was selected d. t~o other stock
o.dcls JOA-sOn among DINERS, 10 act ioI them IA
in4kiDs sdCn purchase; anu ul lAAo IL, nj Nou4u
fri,nd, Hndng thor game blocked, a4tcf"aTu c"ahgcd
Iber .Jics and abolished competing system caued
The .autual Dlst1oi Telegraph C0mpany1 "nich' Of
rnnr sroisy lujuI od the OId company Inc tfahsac-
sv.i o,s VINO mad formed the com
Dlnn,ou each person, ar johnson WIN mo IeS r.
oeiye,, BACK the sui Invested with "a slndL piO|
,,r Inc mysterious Diud pool 1Ou
The co .sOdatiOn OF the western Union WIN 'hC
Gan Al That time our company was q Sois
iuncl. a. nave said, 70 tho western Union Inc -uta'
Dstrict bore similar RELATION 10 the Alhcflch Ohion'
Tho consolidation Vi the larger COMPANIES ie,t tne
snallcr once III "a doubtful position ana hBhtInB
ether IL wes OF course desirable 10 cad TILE 5ile
O, l. GOud aud his frenus Ead taken cOhIoi Vi
TIC coiDpany-the Western Unlon-"lth "hich our
cautaIy been, then was, c1uHcCttu
course, tney could put their foot on our htchr Ne
gous. were had witn view 10 consolidate the
prooseG the stock Tor tue companies
lAese geDIcuen ngd into the cOLtroi OF the
Western Union Company were asked 10 Interest them'
seyes Incy subscribed fOf several thousand shares Dut
the never completed OWING 10 the failure
OF looking u cOnsOdatlon Not dollar OF
money paid nor snare OF STOCK IuIchhbtu, IA MI
ssouId well knuWs And Is all there Is or tue blind
poo OF which the Could papers cndeaVor u make 80
much. , 49,. ., ,,,,,da y, ,,,ro,ri.,r
an any Of these traDsaouons endoavored 10 protect
H. ronnany of which director, aud III which
and iamy were ialge y ne trnthfuy saw ever
Sdy1aea MIN TO buy American D.sLrct or any other