New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-22

We call attention TO the income and expenditure
entries for December They are OF li,e sisi' =
while this record Of shame was being piled NJ.
month by month The managemen' was iaiy assnr
and clients that II did not owe penny. but. on the
When We pointed on; the fact that the Western
Associated Press had fallen into me control %
knew how fully and how soon our unfayorable
augury Of the consequences would be confirmed
During the period covered IN the report We have
quoted they have drawn from their captured news
papers in extra assessments over $4,000. In sub
scripuons 10 their capital stock $500; they have
borrowed $1,000. they owe telegraph companies and
Others 'l9.5R&. making dehcit for IN" period
named Of iiiSco. To this must be added a consider
able sum cover omitted ana concealed cXpendi-
lures at the end Of last year when IN" concern was
manipulated for effects 70 b" used al the annual
]. 1885. which is about t0.Oo
In other words, tho new management has sue
ceeded up date in administering the affairs OF tho
Western Associated Press 30 TO lose over half n
million dollars. and place II upon basis Of pcrma-
nent, hopeless and incurabe insolvency.
In attaining tins result, We have seen almost daily
the methods OF the dishonest bank cashier. shifting
his accounts and his figures TO conceal his knayery.
balances and stnihng Envelope win sham sScuIl-
ties At the approach OF he bank examiner From
directors he attends church. he teaches in the sun
dayschool: he leads in the prayer meeting his pous
exterior would win the confidence OF the devil But
the Inevitable discovery comes AT last ana me whole
revolving criminal base and co~ardly thing IS re-
This is accurate and truthful description Of tn.
methods Of the men who have gained the control
They have gotten themselves into desperate
plight. and they have dragged into 1t with them
goodly lot OF sympathetic worthless. with some hon
est and conhding dupes. The corporation Is
gained under the Illinois State law. and the pro-
visions Of that statute respecting the personal liza,
bllity Of directors are not amusing. We commend
n careful stIdy Of them to the unfortunate news
paper managers who have been ropcd In.
II is The MANAGEMENT Of this hopelessy bankrupt
and ravdged corporation that true to Its lying in
stincts. makes the following statement;
Informal overtures have been repeatedly made
ing The by members - United looking to
q hat
ton. There have been declined the part your
sgemcnt.
This. n true. must necessarily be susceptible Of
proof. 1t IL signed. among others. by Clayton Ne
Michael Of Philadelphia Albert j. Barr. OF Pitts
burg; + r. Moves. OF Washington; Frederick Dris-
coll. Of St Paul. James T.. Scrlpps. OF Detroit.
Eugene II. Perduc. Of Cleveland. Charles w. Knapp.
Of 81. Louis. and Victor +. lawson OF Chicago.
We say II H. wfu and deliberate lie. and 1t Is
uttered with fun knowledge OF that fact by the
men who hayc signed IT, We will give 5000 10
public charity which each shall designate in his
own city. If II DC not wholly ana irredecmabiy false.
This rcort ana proposition and separate
TO each 81 the individuals Just named. Driscol ex
cepted lie need not name u public charity lie
cen keep tho 5000 himself