New-York tribune., 1886-03-18
and Jcn uannns, were arrested for keeping gam
THE VIEW YORK AND NEw-ENGLAND.
FIELDS PROPOSAL TO WRECK THE ROAD.
nIGGINsON's TESTIMONY ~ THE NATTER CHAR
AcrrR cOrNIs TOR sOMErHING."

nlGGINsON's TESTIMONY ~ THE NATTER" CHAR
ACrrR COUNTS FOR soNErhISG."
Bo,ToY. March 17.-At the opening ol the
bonI iu,.-tirat!on this morning Attorney General
Sherman read letter from Governor Robinson waving
ak objections to Nr. Hiscn,ons tcstiiyins rs To what
communications took place between nm an" Tie ""'
ernor and Council Mr.. stackl pole then read the peuto
Of pro T,ter. Cobb Eslabrook. Mr.. Edhy' OF l"''
firm stated that tho dilcrcnco between the Ncw YORK
syn atc' bid OF l- aud the Boston syndirates Llj "i
90 at when the bonds sold was S9i, ana '"e
dc.onco between the former and the EtIrrS bd oi -
was S1SGjO1. To Mr. Ddbnry tho witness sMd he u''
not know absolutely that thore was a Ien Of over
- 900 900 the properly, which Dad precedence OF 'no
second mortgage bonds and that this had been p"id OIL
n -uch were the facts they would ahcct ING n"iAo'
price of the bonds
Mr. Stackp0c asked Mr.. Iligciuson VINO were DIS
associates lie uswercd that no could give the names
o tho persons whot ok the bonds, bat they were mo-
ir rvau his pri rae business, none o 'e 'o'
nal passed to the persons who had been sured lie sa'
that 100000 Of the bonds had passed to TIE JUNIOR
officers OF tho road. Mr. Clarke had 100; lie "lthe'
mad 90; Mcssrs Coolidge J. L. Gardner, Jackson Gurus
took large lot for their customers III small iotS' anu
Cattns NinOt stockton. Hayden, MaTtii ilrt fo''''
and Power took them. They were members Ot tue syn
dcate Eighty per cent Ut these bonds ale "e''
they originally went Nvt member OF the state GOV
crnucnt had anything do with any purchase OF any
bonds or preferred STOCK Tho Maverick Bank h'I
nothing 10 do with it, Gleason mad nothing tod' Win
any bond stock. on -optnn Dor - MI fleu h' SAN
privately that lie would like To go III with MIN ana
uly o. the bonds and cxculc the creditors oI the ROAD
lie said the same in meeting OF the directors III tue
afternoon OF the same day The witness supposed that
hc reservation made for the sake OF excluding Mf
Field The wituess's lrat bid was rejected Mr fieu
was rejected. 40 private ARA gements "ere halc
between the witness and the state The Treasurer
under orders 10 SEX Mt certain price sold to the wit
ness lie knew Dy heIrsay that Mr. sage had S1ooJo'
The witness told of the transaction by which MI sage
had the bonds at 90 and OF the attcrs remark That
wa, un,ind to leave Al ont ie dd not get the hity
bonds tin the road was beyond WGccklug. me "ltht7s
had not made any communication q" the IoEciI,"i anu
Council nor SAY Any iug about MI. flcu 10 tc
treasurer before thB npl,o were H'id' ne H"u "',l
told by Mr. Clarke that the reservation wa, 10 no halV
to exclude wrrckcrS IKE M Ie' nc 1'Ic'' tI t', -
1:r. Field md for the bonds the bli WoGl he fDectI
whether it was higher or lower. lie knew thal It tCm
ram. very near rot bidding. The Nitncs, asked Nj.
GLEASON il there any bids besides MS ana am Ar
ole ,un told ain, II was none Of MS Dh~incss Hc at
uifteI T. Was m ind-rrret question u ask. &C.,
rae Wituc-s informed oi the rejection oi MS "ht
and otIcr neg citations began he kh mere "'i
been no thlrl bl ana knew he had no cOmpcutoI. IL
va, h,lf-p.,t IL of tne day Of bidding when he Knew
unless II had hccu or TIE ird>'reloH OF the Ne~ lor
men in ernuus mc',"se oyer hL'%o',r, t }r,,5 rU1p
oiire on the irma paper. IL was conpi'.o H'to t
it az, h ,yd n ~ witness hart Clarke and
there together "nd they were III 'ne sSH'i
rAoy had no rcret. from eagn 9d on oi'oo,,
quickly. when by dnlayne the answer NE minutes hl,
bd co,ld nave been defeated fhis dlspatch wds the
only He Lad Of kLr"ng who NlesaFS. brewster,
cobb 4 I-t brook represented This kuo"ledEc ~ no.
effect on his bid; It did hsp him ~ all Mr. Field
could not nave bonds IN the market ana wrecked
the ROAD The state bonds nlIOuel r NOR Sa@e
Tuerc d been savage cnanse OF heart Oh the prt ol
Mr. Field Would not hayr proposed To WI ness 'iS
hc Dir priv .trly, wreck the road. THIS bad been
prnht able transaction all parties. creditors, stO9k
holders, boHdHulicra and the Comnon Wealth. rue
witness n. made laggc amount oi money on paler
rlaugter and did sell bccau-e he l. director OF the
road. The road was liked now nOge tnHn ever lu Tour
or five year, the wpuld recover toe 9oOOo dHet
eure betwrru bids and continue q cain continually
fcrwlrd Thi would not have hoen possible ny selling
to the New YORK parties The New York men VINO "ld
for n, road are not strong Character -or- ot some
mug I'm this world T. Eaba'n roat had gone nto me
,nl~ ~ receiver. The itne~S supposed Mt flrLi
sold oa from that road u- before the crash. He dd
u,t know that hC ,olu ont years before tie crash lie
knew tut Nj. Field hal grcat deal to do with raising
money General Grant w'lc WAS lhNoalc Ill "dpi'"'
which hat gone To Old Harry sinc'
Mr. Castor denied that Nr. Field was c0nueccl with
Wabash as Mr. Hisginsou Had stated. The telegram
above alluded 70, signed by MeS>rs Feld ana SaZ was
read saving that they would not bid II Tue BOSTON
.ynjjrqtr wo7I give them 100000 in bonds. The
hea ring was adjourned ntl Wednesday.