New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-01-28
TOPICS IN THREE CITIES.
Observation-Disclosures FRANCISCO.
BOSTON.
RAILROADs-PACIFIC BANK-TELEPHONEs-
POLITICAL.


POLITICAL.
GBY TELEGRAPH TO THE TRIBUNE.l
BosToN, JAM 27.-The plan of attack upon tno
uoosac Tunnel has been developed this week IL
has long been whispered about, even among 'hose
oppo,ed to the States parting with tins white eie-
phant that it was extremely doubtful IL the S'ate
really owned it or could give title II IL were 10
fry In sell il. Two years ago, IL VIII pe
remembered the charge of Republication" was
thrown at Massachusetts, by some sf her tainted
Western and Southern sisters, because as sover'
eign State and creator OF corporations she reiussu
to be sued by one of her creations. tho Troy ana
Greenfield Railroad of which the Hoosac Tunnel
constitutes the mort important part Inc
pending effort for new trial OF the
right of that corporation to redeem tne
property which 1t mortgaged to the STATE ior
So 600, OOO and on which the State has laid out
$40 900, OOO Is initiated. it is understood py the
successors to Thomas Scott and other Pennsylva-
mans The argument is that since the policy of the
State is to get rid of Its railroad properties, shown
I'm it's sale of Boston and Albany and New-York and
newfoundland stocks held by the state, IL
had better put in train the disposai
Of the Hoosac Tunnelby conveying it to some cor
poration which cannot plead sovereignty ana
which can be sued in equity for the redemption OF
the property Of course, the mortgagor corporation
does not propose to pay anything IKE the twenty
odd millions that the tunnel road has cost IL Will
want to throw off at least 20 per cent OF this as
wasteful, unnecessary. and corrupt expenditure
Governor Butler Clipped this egg in his inaugural
Ths Pacific Bank swindle looms up this week as
scandal threatening to break in ruin upon some
first-clas, regulations, hitherto untouched except
by unfortunate speculatiOns. The Grand jury sum-
Imoned in haste to anticipate by few hours the
statute of limitations has found indictments TINS
week against George X. Eager and Edwin III.
Fowle an connection with the absconded
President Benyon on the strength OF
written agreement signed by the three to purchase
300 shares of Chrysolite mining stock at $50 a
sbsre TO pay for which the bank discounted four
notes These notes. unpaid when the bank failed,
were indorsed by one Miller, brother-in-law OF
,Fowle and treasurer of the Bay of Fundy quarry
ing Company, which has o large amount OF paper
emcng the banks worthless assets and Dy one
Lothrop formerly treasurer of the Eager Manufac-
turing Company. Both Fowle and Eager have
been very active and prominent business
men for years in Boston. The latter is leading
spirit in the Nantucket Beach Railroad and Land
Company, which has been unsuccessful but whlch
has also had extraordinary loans from the bursted
bank. The end of this is not yet. The arrest OF
Fowle twho was director) and Eager is tho first
fruits of the war declared last month on the direct
ors by the swindled and heavily mulcted stock
holders in mass meeting assembled.
The publication of the decision in the telephone
suit pronouncing the Dobesr invention an infringe
ment was not unexpected but the Bell stock ieaped
points from the height TO which 1t has
been creeping for the past month. The Bell mo-
nopoy now feels secure but there are points in the
decision which the hackers OF both
the Dolbear and the Drawbaugh inventions
believe they can successfully contest. Dol
bears telephone was hailed in England as
O new one by scientific men, and particularly as
means of release for the public from the grips OF
MONOPOLY. Drawbaugh claims priority OF discovery
of the telephone. Certainly this principle OF trans
mission of sound was discovered many years ago by
the German Refs. The Dolbear Company has re-
Gently organized and prepared to distribute It's
stock. Both Bell and Dolbear belong in this com.
munity, the one being affiliated with Harvard
and the other with Tufts Coliege.
A bit of Mr.. Bells colossal new for
tune is going to the backing of the forth
coming monthly, Science which is to be independent
of all book-publshers.
The Butterflies have had another setback in their
proposed loot of the City Hall. In the Board OF
Aldermen their President, OBrien, was taken by
the beard by Alderman Hall elected on the Demo-
cratic ticket and told that he could not play the
dictator and In the Common Council SIX Demo-
Gratis. headed by an independent young lrIshInan
voting with the Republicans, overthrow the
Machiayellan Whtmore's scheme TO require a
eiua poce vote on every nomination, for the purpose
of "spottngn defeotiOns. The struggle lasted till
8 o'clock in the morning
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