New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-27
REPLYING TO Mr.. JEWE1T.
JAMES McHENRY ON HIS LITIGATION.
INTERESTING EXTRACTS FROM LETTERS AND IN
sIRUCuoNs.


James McIIenry returned to this city on sun
day from Cleveland. TRIBUNE reporter calleu On M"
AT the Victoria Hotel yesterday inquire as to the con-
dition in which he lett the nugauoh III "N
gagged. ..
think left it," Mr.. McHenry said, in state very
satisfactory TO real Of the Atlantic ana 1eae
Western. who have now reasonable prospect Vi DO
curing their independence of the Erie Company from
whose depredaions many they have suffered
so much" -.
Have Won seen the interview with President Jewet,
of the Erie published in TIE TRIBUNE OF December ~
He expresses confidence that you will be beaten ID your
suit" an.
"No doubt he does" was Mr.. McHenrys reply But
the opinon of Mr. Jewett doesn't carry much weight
where he hest known. II is only within few hours
that have read the characteristic remarks OF MI jew"
EFT In the interview referred TO. Until he can JUSTIFY o
reason he gave Sir Edward Watkin chairman oil MS
London committee for his population OF former tease
Of the Atlantic and Great Western and OF the guarantees
of interest on bonds issued for the purpose of repayns
me the amounts expended in the purchase OF tn" Cee
land Columbus, Cincinnati and indianapolis Stock
sha hud il difficult TO reconcile his notions OF honesty
and truth with my In his letter 10 sir Eu""
Watn Mr. Jewett stated that he abandoned the ieaso
because the terms were too onerous ana Ihat INC
tic road had not taken step for the purchase OF inc
bars nj the Cleveland road and the ability to do
so The terms which he called too onerous were per
cent under the terms Of the present attempted eaSe
10 the purchase OF the Cleveland shares MI JeWe't III
structed Mr.. j. A. c. Gray his special agent IN Lohuon'
| as follows:
| ~.By a letter addressed by Mr.. Watson to MI
! McIIenry YOU will become possessed of Mr.. watson
views and plans in respect Of the purchase OF the " -
c. and l. shares. Mr. Watsons theory was that inc con-
troll of this outlet TO the West and Southwest by INC
was absolutely necessary enable it to compete Win
other trunk lines, and at his suggestion MT hciion'
| undertook the purchase OF this STOCK.
Mr. Jewett then proceeds to say:
PARTLY from the inability OF the Erie TO furnish us
proportion OF the amounts 1t has prooaply peoonio
necessary to change the programme In respect u '
frst s. 500 600 already paid for by the Atlahtc anu
Great Western and in possession OF uusIees' 'no
Erie has the perpetual power of voting Ano'ne'
90 300 600 is held In London, and the remainder sum
eiept IN make I'D the of 100000 Is heId 10 inc
extent of SllOO,O00 in New-York and the balance III
London all under the control OF Mr. Mcllenry'
aTo nav for these c., c. C. ana /. shares M
D,urr continued the Eric guaranteed the interest
nm bonds which agreed TO accept The Ere PAID por-
tio Of the first coupon repudiated the rest haNlu2
already taken possession of the Cleveland ROAD anu M
held il until recently. Until Mr. Jewett can IeooIi'i'
these statements and until he can rail- inc Lie sean
of his bonds and other dishonored guarantees II
carccv IN he conceived that should enter into war
words with him. But may add that so Tar nave an
aged TO take care Of myself against coniedetacy hsh
ing me with ropes around their necks, competing tne
for safety TO every outrage ana uhsui. w.,
tScir ci9us minds could conrive To defeat my atep
70 secure Justice for the parties VINO thiosn me
yonced "a MANY millions TO the Ere and Atlahtc com
nantes which remain TO great extent - i
10 the present hour am gnte eoI , b tn frndn
pursue successfully the course alol u Mi ~ =
lent foreclosure Erie under sham plea OF
WI reained in London and tn New York to pIoiec
our interests suddenly returned 70 l.oc'ah tin
= Christian gentleman, ana 10 reau a' Pu'"O "e
letter from Dir. Jewett stating, ,,,, ., .,,,. y
That If Mr.. Watson Willingly snnni ,n 70 vo1i9 h
strong reasons for charging him WIN IN
: Meenry conduct But appears 10 Inc tna h
. |
Mcenry that IL from some cause was Pai5 20 I
J no. ON their nroperty Whether not his conduc
= subjects him the penalties OF the criminal Jaw M m
dospoiied this company of its credit and property 70 a.
n extent that criminal could ever nave "ocoH
P1Whije reoonciling the contradictory statement
ar 20 attsmpt 10 reconcile this letter with his letter
e me about year d. IN ling with me Tor my c. G.
and l. Certainly the intention of this company
conny fully with engagements In respect OF hos
bonds and supposed until the receipt OF your iete
D, Set the narauieed bonds were available in London
tnaG tT 49, With the contract OF this company BE tha
a. n may am sure you will have no further DELAY
difficulty S % MATTERS fs our @T bhS ann comdf
that before this reaches you eyeryt VIII nave pee zee
opportunity to thank you behalf OF this company s
r your useful aid in the past lew weeks anG 70
10 1ce the credit the company on substantial oS
equal 70 5ef 1 u aid referred to- added Mr. MoIenr
being continuation OF the large remlttances n,aae
G. Which were afterward repudated by the Erie as bei
Illegally issued and for my services IN negotahg ~S
Mr. Jcwett eyadcs payment OF my commission al :. :,
penscs the plea that there was no ION ~,
OF Hoard authorizing snch payment Durlh6 IhS III
40 years of my connection with the Erie pIoshssu Io
about S3O0OO,O0o, and have the evid ,, o. IA
CO vice president and OF ts present auditor tha
nd time less shan $70000O0 were expended on lhe pro
lie erty The key 10 the whole OF us luga , h r"g
ot found I'm this fact and my desire to learn what pecae
OF puiiu az .tmn IniIIons Before closing newspap
INC LIE In which the public have little interest
as NAV ada that hold dispatch from Mr. Bariow cou
u sci for the Erie, advising Inc That fresdehC az
then i'm London had full authority 10 cOnsninnae tne
and G. W.. C., c. c. and l., and all other malters' a.
want and intend 20 have the resolution giving, III
a authoty which has hitherto escaped my sedrcheS'