The New York Herald Newspaper, March 12, 1872, Page 3

an nT, Downfall of the Corrupt and Infamous Erie Ring. uy GOULD MEETS HIS FATE. ” Routed ee: Routed, gu, am Honest whe “piréctors Elected. a of Major General Dix President of Erie. TheGr eat Bubble Burst by a Mas- ' terly Coup @’Htat. “Yay Gould Filling the Grand Opera House with Rough THE POLICE IN POSSESSION. 3..L..M, Barlow Writes an Order for the Dis missal of the “Erie Lawyers.” The Ring Issues a Dying Injunction and Gives Up the Ghost. WALL STREET IN A FUROR. Excitement in the Streets, at the Clubs and at the Hotels, Attempt to Break Open the Erie Safe and Treasury at Midnight. General John A, Dix, 5, L. M. Barlow, W. R. ‘Travers, George B. MoClellan, Charles Day, HL, Lansing, H. G. Stebbins, Gene. ral Diven and Justin D, White Elected Directors, “THE IDES OF MARCH HAVE COME.” The blow has ‘falien at last on the Erie thieves and banditti, and’ not a fragment of their once great conspiracy remains to tell of its arrogance, @ishonesty and ‘unblushing effrontery, The Erie Building is in the possession of an honest board of @reoiers, and 125 police, ander the command of ‘Captain Petty, are in onarge of the princely marble pie. For months past the honest stockholders of the Ene Railway Company, both native and foreign, Bave been activo and upwearying in their attempts to get their property out of the hands of Jay Gould and nis fellow directors. It had been along and ter- Fibie struggle, and even the most courageous men among those who sought to recover their honest in- ‘vestments from the pitfall of the Erie Ring had at times to despair and bow their heads, But right ‘will triumph one day or another, and such has been the case with the most corrupt and impudent set of speculators who have ever disgraced America. Lately the rumors havo been growing mountain high in regard to the troubles that were expected to Jail on the ‘‘Erie Classifiers,” The election of Major General John A, Bix to the presifency of the Erie Railway Company and the deposition of Jay Gould from that nigh and respon- sidle position is bus the natural result of the events which have been transpiring in connection ‘witn the affairs of this great railway company, It seems as if the pistol ball of the man Stokes nad punctured all the balioon-like inflation of the Erie Ring. Jay Gould’s destruction has followed Sast upon the killing of Fisk, Jr., and the end is not yet, They are all gomg--all these un- clean and loatisome birds of prey—down, down mto night, and the places that knew them shail know them no more forever. It 1s like a wondrous page of history this story ofthe great Erle Rull- ‘Way, With ite ‘‘main” of 459 miles and its 900 miles of tributary lines, Since 1867 this vast and magnifi- cent property has been -the football and makesport ‘of a band of desperate and deflant men, and all the world wondered while the patient people of New York and the suffering stockholders tolerated Smig open and flagrant robbery. ~ And at last the day of reckoning has come for them, and injunctions cannot avail them ever . sgain. Yesterday a party of about twenty gentiemen as- +sembled at the house of Mr. Samuel L, M. Barlow, the well known lawyer, who was foremost, from tne Deginning, in preparivg the results of yesterday's hard and successful work. Mr. Barlow's house is at No. 1 Madison avenue, and from tnis place this warty of gentlemen proceeded to the Grand Opera ; Mouse (in which the Erie ofices aro situated) in <arriages.. There were in the party some of the best known and most respected citizens—men of probity and standing in the community—whose characters Were of that Kind that made them fit to deal with tne Erie conspirators, Inthe party were Major General !John A, Dix, Major General George B, McClellan, 3, L. M. Bar- Jow, W. Watts Sherman, General H. L. Lausing, W. R, Travers, Colonel H. G, Stebbins, Homer Rams- dell and others, Arrived at the Upera House these genticmen descended and entered the haliway leading to the Erie offices. ‘here was no guard at the door, and Jay Gould and his employés were evidently caught napping; for John Hilton, A, & Diven, H. N. Otis, Heary Thompson, Justin D. White, Frederick A, Lane, M. R. Simons, directors of the Erle Railway, and 0, Hg. FP. Archer, Vice President of the Erie Railroad entered the building about the game time, and.crossed the broad hall gorgeously patnicd and ornamented in a style of Oriental mag- nificence, toward the northeast corner of the build. amg known as the Board of Directors’ room. The clerks apd employés, who, wut yesterday after- noon, were must ovedicns servants of Goud, crowded around, haying left their desks to look at the unusual signt of 80 many big guns, ARCHER COMES TO THR FRONT. It was now eleven o'clock. Mr. ‘I. A. Shearman, the well-known “Krie” iawyer—a litvle bit of a man With gold spectacles—mae his appearance to de- fend his client, Jay Gould, who Was absent down vown manipulating on he street, Mr. Archer, a8 Vice President of tue Erie road, was placed in the chair at the uead of the table, ‘rhe directors took thelr seats aroand the table, and General Dix, Gen- eral McClellan, S, Ll. M, Barlow aud other gentlemen athered around. The employés crowded tanto the oard room, worderiog what was up, Mr, Hl. N. vus read the following communications to the Board :— Orrion or gf os Rateway ote HL. OT18, Nahas raw York, March 9, 1872, Deak Sin—tiving been. requested by several of the om calla mesting of ine Board, Yo the absence of the president tt becomes my «uty to request and inalruct you 4 fect, You will, therefore, immeaiately send proper to the several directors, requesting #m tO atl a td Pe. ben by ee next, the Ine! it twelve & 3 Sree toute Tensettuly the company, Twetity-third 0. h. P, ARCHER, Vico Preside A quontiat oF pinnctone meet Maroh 8, 1872, ay Emr RAWRUAD Compan ae Y, NRW York, nt Erie Ratlroad Sin—The undersigned directors of th pany, havi witpessed with di the growing distrust which pei Meir daly 10 reoneet you reall eae fe oem 1 Gall & fs view t0 the consid f soct’ oan 4 transaction of usiness as may deeme mg the — embarrasaments meceasary. ‘rominent — amor th aro {is jinances and a general want of coniiden sredit of the company. eo in the impressed with the responsibility t LANE SHOW! juested mpan Mi thir NEW YORK HERALD, TUESDAY, MARCH 12, 1872—TRIPLE SHEET. iti a and not morn! th wi rey Fequeat you to fase a call tor a.meeting Of the directors of this company for Monday, the llth day of larch, at noon, a the office of the company, in Twenty- ch a GEORGE (0, HAL! N. OTIS, do #0), we HE OPENING OF THE FRAY. ‘The Imporiant Proceedings at the Dirgetére Meeting=Those who Resigned atid Thoxe Elcoted to Fill Vacancies, * . The special meeting of thé Directors of the Erle Railway Company waa called to order at twelve o’clock, there being present F. A, Lane, J. D. White, H. N. Otis, Homer Ramsdell, Henry Thompson, John Hilton, ©, H. P, Archer, M. Kk. Simons and George ©, Hall, Tnere were noticed about the handsomely furnished room General John A. Dix, General George B. McClellan, 8. L, M. Barlow, A. G, Shearman, the late Erie Ring lawyer; W. Watts Sherman, aiterwards elected the new treasurer of the company, and others prominent of note in New York. On motion of Mr. LANE the reading of the minutes of the previous meeting was dispensed with and the general order for business laid on the table. THE ERIE LAWYERS KICKED OUT. Mr, 8, L, M. BARLOW offered tne foliowing, which was adopted:— That all the former attorneys, the counsellor an the assistant counsel be temporarily suspende and not authorized to appear for Uuis company a8 counsel and attorneys watt otherwise ordered, ‘The following regoluvions were also adopted:— That Judge Porter and Mr. McFarlaud be tem- porary counsel of tnis company. ‘That they ve now invited into the directors’ room and meet the Board, ‘That Mr. Josepa Larocaue be appointed to appear as attorney of this company and oi the board. That when this meet @djourns, 1t journs to meet to-morrow (T ) At twelve o'clock M. GENERAL JOHN A. DIX IN FISK’S BEA That General John A. Dix be elected as directo) fbb. vacancy occasioned by the deathor J, 1 Mr. '‘{HOMPSON Offered the following, which was carried ;— Whereas Mr. J. N. Drake was, on the Sib of ber, 1871, elected to fill a vacancy, without designating in whose Place, Hezolved, That Mr. Drake be declared as hay elected in place of U. W. Chapman, wane tage, A letter of resignation was then received from Mr, C. G, Sisson, Wich being received aud acted upon, THE HERO OF ANLIETAM ENTERS. General George B. McUleilan was nominated to till the vacancy occasioned by the resignation of Mr, Sisson. Elected unanimously by ballot, ‘The General appeared and at once took his seat. Mr. 8S. 4, M. Barlow was nominated to fill the va- caucy in the Board occasioned by the resignation of Mr. A. 8. Diven. lected dud seat occupied, Messrs. Shearman, Stebbins, ‘travers and Day were here invited to the directors’ room. Mr. JOHN HILTON tendered his resignation as a director, and William Watts Sherman was uhant- mously elected to fill the vacancy. Mr. Sherman tooK Lis aeat at once, Mr. M. R, Simons tendered his resignation as a director, which being accepted, General H. L, Lan. sing was elected to all the vacancy, THE SARATOGA 8 WEBPSTAKES, Mr. H, N. Oris teauered his Saree asa mem- ber of the Board of Directors, aud Mr, W. R. ‘rave ers was elected to fill the vacancy. Mr, HENRY THOMPSON tecdered his resignation as @ director, and Colonel H. G. Stebbins was elected to fill the vacancy, ‘A TREASURER APPOINTED, Mr, J. D. Ware tendered bis resignation as a director and aig0as Treasurer of the company, when Mr. Charies Day was @lected to fil the vacancy in tue Board, and William Watts Sherman to take his place as Treasurer, it was also voted that Mr, White, the retiring Treasurer, be appointed Assistant Treasurer. THE MAN WHO “FIXRD THINGS” AESIuNS. Mr. F. A. LANE tendered his resignation as a dl- rector, and General Alex. 8. Diven was elected to and Mr. Barlow were here elected members of the Executive Commyttee to ill vacan- A NEW COUNSELLER FOR ERIE. Mr. 8. L. M. Barlow was elected counseller of tne company and board of directors, Ju Was resoived that the preseut transfer clerk be retained until further orders of the board of di- rectors. NO MORE ERIE “CONTINGENCIES,” Here the following important resvlution was Passed unanimousiy:- Resolved, That the Treasurer and Assistant Treasurer are hereby directed not to pay any drafts tuat do not receive the approval of the Vice Presideut ; and that the empioyes of the company do not receive any orders in regard ww afairs of the road unless countersigned by the Vice President, “GOOD BY,” JAY GOULD. Mr. BARLOW moved that Jay Gould be removed as President and Director of the Erie Railway Uom- pany. Adopted, General Hix was then nominated and elected to fill the vacancy in the Presidency of tpe road. General Dix here tuok his seat. ‘Tue Treasurer, Mr. Sherman, was directed to pay all maturiug debts of the company, when certined to by the President, ‘rhe Assistant Treasurer's report of the financial condition of the road was presented and received, Mr. Wiliam R, ‘travers was elected to fill the vacancy in the Executive Committee occasioned by Jay Gould’s removal, It was resolved at this juncture that when the Board take a recess the offices of the company be placed in charge of the Vice President, he to obtain possession by Such agencies as he may select, AN INJUNCTION. Nine directors making @ quorum, one alter tne other of tue old Board having resigned, their places were quickly filled up by such gentlemen as General Dix, who was made President of the Erie Railruad by a unanimous vote; General McClellan, S. L. M. Barlow, Homer Ramsdeli aad others. Mr. Archer gracefully resigned nis seat and escorted the ven- erabie General Dix to the president’s chair, Tnere was some slight contusion when a crowd of Jay Gould’s rougas came into the board room to create a row. Jt was then attempted to serve a paper on Mr. Archer, which purported to be an injunction issued by Judge Ingranam; but the Vice President retused to receive it, and the document in the excitement was torn to pieces, It 18 as follows:— SUMMONS, COMPLAINT AND INJUNCTION ORDER. Ine SuPgeMe Court, City any County or New Youk.—The Erie Ruilway Company we Brederick Ae Lane, Justin D, White, John Hilton, Marcus R. Simons George E, Hall, Horatio N. Otis, Henry Thompeony Hi aid O.'H. P. Archer. as me omer Hamada and re SUMMONS FOB RELIEF. To DEFENDANTS—You are hereby summoned quired to answer the complaint in this action, of which the copy 1s herewith served upon you, and to serve a copy of your answer to the said complaint on the subscribers at their otlice, No. 4 Pine aireet, in tl ol York, within twenty days after the service hereof, exclusive of the day of sald service, and if you fail to iswer the sald com; jot within the time aforesaid the plaintiff in this action will, ‘ap: ply to the Court for the relief demanded in the complaint. FIELD & SHEARMAN, Plaintiff's Attorneys, Manon I, 1872, The Same ve. the Samr.—The Erie Railway Com; lain- tif, complains and alleges:— ites Firet—-That the said company is a corporation created by the laws of the State ot New York, and having for its priu- cipal object the maintenance and ‘operation of the raliway Dewween New York and Dunkirk and certain branches thereof, ‘Sevond-—That the number of the directors of the said com- pany as fixed by jaw is seventeen, and there being two in the present Board the number of directors now hom have been elected for terms which will not expire before the second Tuesday of October ext, end the ei! f several of them will not expire until ain later per hird—Uhat all the defendants are now directors of the anid Erle Railway Company; that the bylaws of the said Company provide that stated meetings ‘of "the | Board of Directors shall be heid on the second Tuesday of January, ctober, and that said meetings may be jent whenever, in bis opinion, the inter ‘eats of the co! y shall require it; and that ald meetings shail Ve cailed by the President upon the written request of any two directors; and, farther, that to case of the (nabliity Of the President and Vice President @ special meeting may be called vy the Executive,Comauittee; and said bylaws con tain no other provisions for the calling of special’ meetings, and no other authoriiy. . ri, July and OF edited by the Pre ee Fifth—That the last meeting of the Board of Directors of the said company concluded all ite business and adjourned without Siath— spirucy ha: defendants plainti is informed and believes a con- been formed and entered Into bevween ie nd certain agenis for {wo persons residing in London, named Bischoithelm and Goldschmidt, who pre- tended to r nt certain stockholders uf the eard com- pany residing in Europe: which conspiracy has been Formed for the purpose of pinging the control of the enid company and its property in the bands of said Biechoiheim and Goliscumldt or thel: agents through bribery, the auld ersons vot being designated or approved by ‘the stock- Holders of the said company; aud the’ scheme ¥ set the said parties have agreed 1 as follows, to wit ‘That «mi of the Board of Directors of the said ¢ pany shall be held on the eleventh day of March, 1872, at noun, at the oflice of the company, when the detendan White, Miiton, Thompson, simons and Otis are to ¢, and thelr places are to lected by the said conspirators in the interest and dictation of the sald Bischofhem and Gold nu the agente of the said isfschof elm and Gold- sebmidt partion |e. spectively have ations certain sums of money, amounting fn the aggregate to avout two huudred and’ nifty thousand doit which the sald Biachoffheim and Goid- money, it is intended v; unfdt vo draw from, the Western Railway Com ee eery hat aa plainulll javes the watd Bischotfheim aud ts and ail the partics to the said conspiracy do not represent a majority of uy considerable portion of the mock of the sald plaintif, in Europe, or elsewhere, but, on the con: bel nay fe ori of the slogkholders of the rain doth io ‘this country are represented by other pial A whol dina pj fr the said conspiracy and of roposed action of the parties thereto, aad approve of br lng of this suit for the pu 9 herein mentioned. ie \d bas been for more than three years lent of the rie Railway Uom- he has not, and that the Executive Committee J com bas not, called any senine of the Board of le Said company inatant, or in Say way relied or fuch meeting, and the gry call that on made by the Vice Presi: aald call was ih on cr funds of the Atlantic and Great hereinatter named. is informed and be joldachmk\t and their frary, & ma nt of sald comp: 1873, iy, and pisces rors 1900 ye reuard thie cal ie a meruace we | ie riage a a a pit ete tna ee st sod with our by-laws, you eonvene the at a | day of M rent 44 no more, | gamers Meets easyer | amt ae an edge Proc. & LANE, ~ - eoute ©. HALL, | there wae Ge stant Secretary of plaioilt tha: BERRY Mugmee — TOMNANTON. Ze) gaa tl a cegenia by any banere, number St NB, dustin &. Ware, tog at an esliy ta batho regueat in writ rah the call of tng has been to by any and was engaged jn the performance tin the city of New York at the the Tor the meeting aforesaid was Ny retpteee were ri mie defendant, threien and iniend io Bolg i at which meetin; intende: pursuant to the ereto, informed and believes, it is by them resignations to aforesaid tendered and accepted, \d to have the places of directors so resigaing filled by the x ‘us pli = bawve the persons as aforesaid, and to place all the property of the laintif’ under actual control and direction oe the sald schoTsheim & Goldschmidt, Twrlfh— That the Atlantic and Great Western Railroad Company is a corporation created ler the laws of this Btate, and also of the States of Pen e from Salamanca, own ‘and operate @ rail which ia a station on the line of the Erie Railway in this State, to Dayton, Ohio, and that a large majority of the capital stock of that company is owned or controlled by the sald § Hiacbos ‘theim and Goldschmidt; the board of directors of in comm: as been selt those persons and is entirel; subject weil an iivesaon * y tic and Gre-t Weatern Railroad, th Thoteenth—That the Atlant which is owned by sald company, has no connection with any important cities except through certain branches of that rafiroad at its western end, and through the Fp Railroad exclusively at the eastern end; __ thal ia wtbolly dependent | for wa” prosperity forthe ability to do business through the Erle Railroa that the affairs of the sald company have never prosperous, but on the contrary it has been continually ¢ barrasaed dnd heavily indebted, berond ite ability t0 pa either the principal or interest of iis debts, Its railroad has been in the hands of receivers for about five years asl, with the exception of only a few months, during which it was leased to the Erie Railway Company, and has been and fs now In a very poor co! Tueuficiontly equipped, and not In condition for the and successful conduct of ite ‘afc. Fourteenth—But, as the plaintiff is informed and believes, the said Atlantic and Great Western Railroad Company is a reorganization of a former insolvent company, known as the Atlantic and Great Western Rail war ‘came entirely bankrupt and suffere sold under midt, through the medium of #, who were their agents; that, aa plainti is informed and believes, upon said reorganization being effected tie new company borrowed about five milion dollars upon the London market, ostensibly for the, purpose of equipping the ratiruad, of which money about five hundred thousan dohars wae’used in. paying the trustees and lawyers cerned in the reorganization and $1,000,000 or moi said Bischoffehefm and Goldschmidt and their age: services, Fifteenth—That, asthe plaintiff is informed and belter itis ihe tales af the salt Bischofsheim and Golaecumit and thelr agent schemes of bribery aforesaid, to pur- a rack control of, the uroperty of ‘the I ically, Baliway ‘Company, and, through the medium of a board of rs of this plalatity, acting under their control and dic- tation, toelfect such contracts between the Erie Railway pany and the Atlantic and Great Western Railroad yma) by this means make the latter company pro- bie, while destroying the income profits of this Plaintity, of all which defendants are well aware, * Sixtenth—That, as the plaintiff is informed and beiteves, unless the said proceedings on the part of the sald conspira- tors are restrained by this Court the said meeting will be held and the action herein set forth will be had, and the Whole of the sald scheme ultiinately earried out, whereby 18 plaintif! will be, in effect, deprived of its property, an the control of its affairs be placed in the hands of the direc- tors, corruptly chosen in the manner aforesaid; all its con- cerns be thrown into great confusion, and the plaintiff will suffer irreparable injury, Wherefore :the plaintiff demands judgment that the de- fenaants be restrained by tnjunction trom appointing or electing any directors to fill the vacancies already exis in the ‘Bosra ‘of Directors of this plaintiff, or to ill any vacan- cies that may be occasioned by the resignation of any of the directors; antigo from holding any meeting of the said Hoard of Directors on the 1ith day of March, 1872, or at any time otherwine than inthe manner prescribed by the bylaws of the Krie Railway Company, and from dong, either individu. ally or collectively, any act whatever in furtherance of the yf foreuaid, eeuaahd "FIELD & SHEARMAN, Plaintiff's Attorneys, New Yorkeday Gould, being dul fal id County of Ne rok, oul in, sworn, says (oat, the ie the President of the frie Rallway e ie the President of Company, the plaintif’ herein; that the foregoing complaint isirue of his cwn knowledge except as to. maivers therein stated to be upon information and belief, and as to those matters he believes it to be true. JAY GOULD. Sworn to before me this ith day of March, 1372—Joun F. BinGuan, Notary Public, New York County, THE INJUNCTION, SUPREME CouRT— and Count b4 New York. —The Erle Railway Company vs. Frederick A. Lane, Justin D, White, John Hilton, Marcus R. Simons, <icorge ©. Hall, Horatlo N. Onis, Hetiry Thompeon, Homer Ramedell and O, |. P. Archer. It appears to me satisfactorily by the complaint herein, duly verified, aod the affidavit of Jay Gould, that grounds for do hereby order that the defendants from holding any meet- ing the f Directors of | the frie Railway Company on the 1th day of March, 1472, or at aby other time, unless such meeting fs duly called in accordance with the bylaws of the said company, and from doing, either indivi lualiy or collectively, any act whatever in furtherance of the conspiracy set forth in the complaint in Sis noth de of u ndants show cause, at a specialterm of this Court, to be held at Chambers, In the Gourt House, in the olty of New York, on the 18th ‘day of March, 1873,'at twelve M., why this injunction should mot be continued in torce unt! judgment hereon, and why plainthit shou!d not have such other and further order ax may be + . P. INGRAHAM, Presiding Judz New York, March 1, THE RINGMASTER RUNS AWAY, How Jay Gould was Served with an Order to Vacate. After the meeting of the new Board 1t was deter- mined by the new President, General Dix, to serve Jay Goula with an order to surrender the books and papers of the company to the lawfully ap- pointed officers and to vacate the building. Todo this 1t was found necessary to get a determined man or two, and Captain Kennedy and Deputy Marshai Crowley, of the Untted States Marshal's office, were selected. Gould’s lawyer, Sbearman, and Gouid himself haa intrenched themselves In the Presidents room and had locked the door. Behind the door ‘were a number of the Metropolitan police in uniform and with clubs drawn, who were assisting Gould, who had just arrived and was making a desperate attempt to save himself from the law. Crowley and Kennedy tried to open the door, and Gould and Shearman, with the police, held on to the door, At last a crowbar was brought 9nd the door wrenched open, <A gentieman who was standing along with Mr. Barlow bade them to open the door in the ‘name of the United States,” and the door was forced and twenty or thirty of the friends of the new Board poured in and swept ewey the Erie roughs, police and Shearman and ould, Shearman screamed for the police and made an attempt to hold his position, but Mr. McFarland, the law partner of Mr. Barlow, toox him by the coat collar and pitched him away from the door, Thony Jay Gould ran for dear life, yma by the indomitable Crowley and the ape a ella Kennedy. Gould, to save himself and to stop Crowley's progres, pitched chairs across ls path, but Crowley forced his way Into the room devoted to the counsel of the Erie Railway, and thrusting the following document into Gould's breast cried out, “You are served—you are served.” ‘Then the police in citizens’ clothes and the roughs proke in again, amd then the fight con- unued for nearly two hours, The paper served on Gould is as follows: — JAY GOULD RECEIVES HIS WALKING PAPERS. Orrick OF TUE Ent RatLwaY¥ ComPAany. JAY GOULD, Kaq:- DPAR SIR—At a regular meeting of the Borad of Directors of the Erie Railway Company held this dav, a full quorum of the Board veing present, you were unanimously removed from ollice aa the Prealdent of the road and as the President of this company and ag a member of the Executive Commit- tee, and I was unantmously elected as Preaident in your place. I now notify you of these peer, order of the Board of Directors, and demand that you shall surrender to me all panera and documents in your ion he as resident, and that you forthwith cease to interfere wi due performs duties as such President of 1 Railway Company, which I bave already assumed, Manon 11, 1872, JORN A, DIX, President. Mr. Shearman was served with great reluctance on his part with the following paper, drawu up by Mr. Bariow, the new counsel for the erle Roau;— “PACK UP, FIELD AND SHEARMAN!? Orrior oF THE ERIE RAtL.WAY COMPANY, ce of an} as ) FIELD D SHEARMAN AND David DUDLEY Gent! Ata regular meeting of the Board of Direc- tora.of the Erie Railway Company, quorum of the whole Board being present, it was unaniinously resoived that you ‘and all other persons heretofore acting as attorneys or cout sel of the company, either upon a special or ® general re- tainer, be suspended until the further uction of the Board, and [ hereby notify you not to appear or act in matter Jo any court or in any proceedings for or on behalf of the Erle Railway Company, of on behalf of ite directory 0 me as President of the said company. Yours respect! ul OHN A, DIX, esidenit, GOULD'S GUARDIAN ANGELS. The Gang “i’roterting the Property” at the Erie OMices—Kelso’s Quandary—Tie Roughs Remain—Policemen and Thieves Bivounck= ing Together. At the time when the more hopeful felt that the heat of the day was over and night would settle down upon the scene without any other inctdent Of great Import the two hundred and moro reckless and unprincipled-looking scoundrels—a gang worse than ever endured the penitential pangs of Sing Sing—that had been retained in the neighborhood for the work, swarmed up the stairs and into the private offices of the directors, lounging on the handsome chairs and cursing in low tones while they chewed and squirted tovacco juice over the Brussels carpet, Their presence was anexpected to the new Board, aud » gentleman, looking at the human creatures that seemed thirating for sume. body’s blood, sent for Superintendent Kelso, and in the presence of several oiicers sa weriutendent, there is @ gang of ruMans.—the Worst ever seon—in these rooms, They have no righty ant yd some be Ma? a Th « n't put them out, General u are sent ficre to protect Luis property,” a pap ‘ear ‘Protect the property | Why, it 8 as if th would sooner break open the doors that are cl as they are the roughest thieves I ever saw.’ director, rushed up to Superinvendent Kelso and sald that he wanted some of the officers to clear his rooms Of the gaog, as he wanted them to use, The Superintendent marcnea back to the handsomely-appointed apartments of Colone! Hall, aud in & joud but not very severe tone tied guti— go ann enteman Wants these rooms; yoo must ‘But the gang of blackguards moved not, and one of the:, .“840r8 Who stood with shoulders like the tad S against an inner door gulped up stern of @yacu. SAN) Mek of from. deep. 9 Cas “Don’t you move a bit, boys! tay Nere."? This man of prod ingly lena sn sinewy arms was Jimni¥ Lynch, of ¢! igious shousts and exceed- » Of the the second in command t@ Tom 4 reixteenth ward, the leader of thy 80," e rufans ; Pog Han, e my rooms; | want tiem,” contin “They must he put out.” . Here Jimmy Leg inoved toward Superinvendent elgo, and ledning his back against the door opens to the front office said:— ‘Sul tendent, now you don’t want to do any- tht one this is a civil case, and we have a right here,” and the head of the Metropolitan police evidently came to the same conclusion, that the swarm Of ruflans Worse than even gathered around a prige ring, had some business there, as he did not & the oue hundred or more officers standing tn direct yr i vy back of the neck and throw Uae dw tne stale Soon another person appeared on the scene, and Mr, Suearman, the old Erie King lawyer, sought the Superintendent bare-headed and appealed for the thickly wedged mass of roughs, Whose noisy harangues at times were not assuring to a person of weak heryesi== Yoke diss “Phey hivd i right here,” atgaed Mr. Shearmang ‘and » Hall has no right—he’ s just been dis- charees, by Mr. Gould.) coal ae laugh from the rooms of Colonel Hall struck the drum of Supermtendent Kelso's ear, and he exclaimed, excitedly: “This is too compiex for me!’ and posted away to.an inner room. The outlook was not pleasant for Colonel Hall but there was no alternauive for him. “Grin aud bear’? the stalwart ruMans was all that he couid do, and he did it, Late at night thoy slept tn nis his armchairs and on his desks, while they awore and smokea, reileving thelr watchiulness of Erie's property by frequent libauons of vile whiskey, 1D order that their greav thirst might be quenched, A DIRECTOR’s VIEWS. What He Knows of the Old Board and the Erie Jobs—The Directors that Worked the Presont Legislature. As Captain Petty, of the Sixteenth precinct, assisted by Sergeant Ferris, was stationing the several men under his command from the Ninth, Twentieth, Twenty-second, Nineteenth, Eighteenth, Twenty-frat and Sixteenth precincts about the building and in the various rooms for the protection of property anu the public Peace, one of the new directors was met in the President’s room and his views sought on the situation, All questions of the reporter's were readily answered. The director said, in sub- stance, that the action of yesterday would no doubt be sustained, and that the CHARACTER OF THE NEW BOARD speaks for itself, But tree of the old Board re- main, Messrs, Ramsdeli, Archer and Hall, who were not identified with the interests of the Gould clique. Those still looking towards him and working with him that remain are Dr, bidridge, of Eimira ; Henry Sherwood and F, M. Drake, both of Corning; the Jast man being appointed by Mr. Gould himseif, and that illegally. as Treasurer of the company, “These three men—Eldridge, Sherwood and Drage,” he continued, ‘were with Gould in all his Jobs; they are the men who worked the Legislature this season, and their principal jobs are the Elmira Rolung Mus, Blossburg Coal Company, and the leas: ing o! the Chemung Railroed, by which last job, 11 is supposed, JAY GOULD POCKETED ONE MILLION AND A HALF OF DOLLARS, The General Superintendent acquiesces in the new order of things, and why should it be other- wise? ‘The movement has been made in the best of motives and the three remaining directors antag- onistical to Mr. Gou.d believed it was quite time to be relieved of the false position they sustained toward the public, The opportunity to act has long been sought, as Gould and Fisk’s con- duet could not be supported by them. ‘hat, gome time before risk’s death, & great deal of feeling Was manitested in the board at several im- portant meetungs, an open rupture only being pre- vented by the good faith with which he had acted Yewards the remaining directors, That no man in Ue board had any respect for Jay Gould, aud that he was néver supported by any others than those INTERESTED IN HIS JOUS. “That though for several months past the road has been managed in an economical maunet, yet it ‘was transparent that it Was only thus managed to cover the schemes and personal aggrandizement of Gould and his party. ‘That the only men who ap- peared on the scene yesterday who were the ardent supporters of Jay Gould were the three county Girectors and tue notorious Belden and H. Ne Smith. Lhe foliowing communications will show how quickly the old servanis of Gouid and the Ring made haste to vow to the “Sun of Austerlitz.” ‘Tne rest of the officers will soon, no doubi, follow in the footsteps of Mr. Ruchers and Mr, Morosini:— THE ERIE AUDITOR FORSAKES GOULD. AUDITOR'S OFFICR, ERIR RAIL@OAD,, NEW York, March 1, 1872. Hon. Joun A, Dix, Prendent Erie Railroad Company :— Sin—1 aa ‘informed by Vice President Archer tuat you have been duly chosen President of this company ; thereiore Idee i: my duty to 0 you, ax I do respectfully ansure you, that I récoguize uthority and will obey all orders emanating from yourself and the Board of Directors you represent, a6 well as the Execulive Committee this day chosen. G, 2. MOROSINI, Auuitor, SUPERINTENDENT RUCKER OBEYS GENERAL DIX, OFFIOE_ OP GENERAL SUPERINTENDENT ERIE RatLway, Mareb 1, 1872. General Joun A. Drx, Premdent Erie’ Railway Company :— Sin—I have the honor, to acknowledge the receipt of your communication of this date, and to reply that your authority and orders as President of the Erie Rallway are and shall be respected by me. Very respectfully, L, D, RUCKER, Genera! Superintendent, JAY GOULD RATIFIRS ARCHER AS VICE PRESIDENT. EXIE RAILWAY COMPANY, PRESIDEN'S OFFIOR, EW Yori, Dec. 80, 1801. i NOTIOR. 0. H. P. Archer has been elected Vice President of the Erie Railway Company, to fill the vacancy occasioned by the Tesignation of James Fisk, Jr., and Justin D. White hasbeen elected Treasurer, to till the vacancy occastoned by the resig- Bation of Jay Gould. JAY GUULD, President. HOW THE NIGHT WAS PASSED, By eight o’ciock everything had assumed an ap- parently tranquil appearance in the palatial halls of Erie. In the President's, Auditor’s and adjacert rooms @ few members of the press were idly wait- ing for coming events, and about a dozen of the regnant Erie party, with Mr, Archer in command, were lounging about in an anxious STATE OF EXPECTANCY. ‘The handsome bronze chandeliers, pensile from the roof of the princely-frescoed vestibule, were un lighted, though ineach of the offices the ground glass globes on the brackets diftused a meliow ir- radiance. In the gallery and upon the stairs a few persons still remained-—a few of a class that would sooner miss @ meal than even the shadow of a Tree fight. A strange scene was presented to the reporter's vision as he gazed from the galiery ito the hanasomely furnished offices, with their giass partitions, be. neathhim, Coiled cobra-like upon soft lounges or limp and sleepful in the arms of bemonogramed chaira were dozens of the custodians of the public peace, Their clubs reposed upon the knees of tueir several owners, and the tranquil s miles that beamed upon the faces of many of the semi-somnolent po- licemen seemed to indicate that they felt much more comfortable within Erie’s walls than they would be if outsiae, wearily pacing their accus tomed beats, Every portal was CAREFULLY GUARDED, and especially tiat witch conducted us to the room wherein the victora of the day were sitting. Pres+ ently there came a gentle tap upon the plate giass door of the apartment. The biue-coated guardian Opened it sunicientiy wide to admit of the Insertion Of ruby-tinted nose, ‘You can’t come iu,” growled US. “1 want to see Mr. Archer; don’t push tne door against me,” whined tie owner of the nose, in & petulant manner, “Yer can’t see {nobody without yer sendin yer name."? “I'm Mr. David Dudley Field, ana I want to see Mr. Archer.”’ old on to that door, don't admit any one, don’t take any per,”’ hurried!y whispered an atiacaé of the new ard to the policeman, Mr. Field again sougut to squeeze his way in, The officer unceremoniousiy thrust bim back aud shut the door in Mg face, Whig a messenger went into the adjuiniag apartment and acquainted Mr. Archer with Mr. Fieid’s wish, Le soon returned; the door Was opened half aninch, “Mr, Archer refuses to see you, sir; you can’t come in,” he said peremp- torily; and hough the visitor stood dramming upoa the glass for Juil five miautes, the handle was not awain turned until Mr, Field nad left ine vestivule, fuming, Coes and fretung. in a litte whilo Captain reity, who was in com: Mand of the police, Was sent for by Mr, Archer and requested to detatl two men to mount GUARD OVER THE GAS METER, a8 it was possivie the nosvile forces might tamper Withit, As every precaution was taken to prevent the ingress oi anytning in the shape of a writ or injunction, and we premises were heid by a humerous number of gentieman who expressed their intention of remaining up all night and exer- ‘unceasing vigilance, there seemed but iiitle ability of anytt ing oi interest tranapiring after ie er leit the Fagg erat trom the throae in which a Gould was yester deposed, A little after O'clock @ person who posted him- welt at the entrance to the building on Tweaty- third street stated that he was acting under the orders of Messrs. Gould and Barr, and refused to allow a eman to enter who was accredited to we who hold the gi rectors’ rooms, Ti Fy AUS SRD he Bad spdeiyed | pies BIViDg §09 ADDIS orders from Mr, Archer, and assumed sibility of admitting the visitor, THE EXCITEMENT THROUGHOUT THE CiTY. The Smasbup in the Saloons, Hotels and Clubs—Why Fisk’s Friends “Went Back On” Gould—Suymises and Speculations Eyerywhere. oo. ‘ Wherever one tnight turn last evening the great topic being discussed was the work of the bomb- shell which had finally exploded tne Erie Ring. Among all classes, poor as well as rich, thenews ‘was being canvassed, and @ general feeling of relief was evident, Those whose circumstances in life obliged them to move in circles far re- moved from Wall street workings and all the ways that are dark in the management of pools and stocks and shares and scrip, seemed to to understand the full import of the victory that had been gonierge: io ernst @rogeries and lager beer shopa fidii of aif shades of polities coiigregated and indulged in all sorts of speculations as to what had been done, how it had been done and what ould be the provaole effect on the working classes. uf course very few particulars of the grand fan- dango at the Erie Ofices were known in these locaiities, bué the very uncertainty of the news | rendered it all the more exciting, and until a late hour it was everywhere handled in all sorts of styles. AT THE HOTELS AND CLUBS the excliement was intense, but by no means de- monstrative. Broad and Wall streets were early | transferred to the hallways and rooms of the Fifth Avenue and neighoring hotels and ciubs, and here Opinions were expressed one way or the other ac- cording as the conversationists were winners or loaers in the Erie muddle. kven among the bulls and bears the details of the “scrimmage” were but little understood, Qne broker assured another of the fact that ‘massive doors and magnificent furni- ture Were smashed, Gould was frightened out of hi wits, and what the result will be it is hard to tell.” “Dou’t you think it was a kind of a put up thing by Gould’? asked @ young exquisite of the gent above aliuded to, “Put up job? not much. He tried to get an in~ Junction against it, All Fisk’s friends in the direo- Lory went clean back on Gould.” “'Phey did? the respon- cn that he was much wearied with travel ana witn tne efforts which he bad been ing during the day to fathom the mystery connected with the sudden revolution, and beyged to be excused, so that he r ag the representative o! peo the “southern tier of counties” of the State. THE ERJE BUILDING BESIEGED. eee The Crowd of Roughs in the Interest of Gould Eneamped on Their Arms—Threo Aguressive Movements Repulsed, The Erle building last night was garrisoned te} about thirty resolute civilians and one sturdy policemen, the latter under the command of Captain Petty. Below, on the sidewalk near the entrance, a small crowd of rough-looking individuais was gathered, The forces of the besieged, however, were in greater humbers In the vestibule of the ofices.on the second floor, in the lobbies and on the stairs. Sentinels were mounted at each door or passage, who pre~ tended to have authority from. Mr. Archer: ‘sud’ sought to impress is upon the on who seemed much bewildered as to o they were boun:l to obey. t : ae, Beene in the pharble- vie Mage eo of the onices Was very peculiar, picturesque ing. There were encamped tue legions at enemy, numbering avout one hundred, advanced thus far and no tarther in she: Ie seems that the authority of Mr, Arei great enough to exciuve them from 4 allogether, alvnougn the citadel, that ts sme: dential ofices, was guarded so su and” carefully that no partisans of Gould were ts an entrance. The roughg who were In readiness for any daring attempt upomthe: nm hold—periectly nonchalent in regard to P while they were awaiting the battle signal : leaders—reposed themselves in all sorts of attitudes upon the marole ody and wooed the gentle emi braces of slumber as valmly as any: warrior bivonacked ou the eld, The more active of them kept vigilant sentry while the others slept. r. Gould remained in bis room, at the headof the main stairway, during the night, ana his door ‘Was surrounded by a throng of henctmen, who ad- mitted none who were not of their spirit, and at« tempt to prevent the passage from tneir lines to those of the enemy. Several messages were) @x-, changed between him and Mr. Arcner, who Was firm and Lied oe in the precautions waich he Way??? “Because Gould plage Fisk for @ ‘sucker’ toward the end . He had Fisk’s resignation ready, and got poor Jim to sign it, so as to get him out, and then alter Fisk died the Gould crowd, instead of trying to help bis widow through in the settlement of her affairs, bea her all they could. They cheated her on the sale of the Elmira Rolling Mill stock, D—n Gould; he deserves all he got.’’ “What effect will this have on the stock?” “Why, it'll do down—if 1¢ don’s go up.” 5 cee do you think it’s best Lo do, go short or go ong “Oh | go long, of course. Go'long anyhow.” With such jibes and technical jests the time was fritvered away, The crowds were surging to and fro, all talking, laughing, wondering and question- ing, but scarcely any one able to answer as to the actual details of the afair, It was near midnight ere the crowds diminished; and, although .rom time to time rumors of the progress of the warfare were spread about, notbing definite seemed to be known, Am the rumors were some to the effect that Jay Gould had been are rested ou & charge of trying to bribe members of the Legisiature. ‘This was canvassed, bandied abouc and laughed down, There seemed to bea tacib understanding that it was best to retire early and be ready for the developments which to-day will surely bring forth, THE LAST REMNANT OF THE RING, Henry Sherwood’s View of the Matter—Ho Says the Uirectors Who Resianed Were Kought—A Long Fight and War to the © Kalie, Henry Sherwood, one of the last remaina of the “Erie Ring,’’ who is a director that has not as yet acknowledged General Dix as President of the road, ‘was met In the corridor of the Grand Erie offices by a representative of the HERALD, and the following conversation took place:— “What is your explanation, Mr. Sherwood, of this astounding business 7”? THE BRIB RING DIB HARD, “It is the work, sir, of the Atlantic and Great Western Railread Company, without doubt, it is & very unexpected attack; but one which can be easily traced to its source ana its causes ex- plained.” i HOW iT WAS BROUGHT ABOUT, “How was it brought about?” “By some previous arrangement the majority of the mewvers of tne Board sold themselves to the management of the Atlantic and Great Westera. ‘The meeting was Called by them; whereupon, in ac- cordance with the preconcerted plan, they imme- diately resigned. The gentlemen who were alrcady selected for the purpose, and were deeply in we appointed In their places, aud Mr. Jay Gould was aeposed,’? “Then it was entirely @ movement against Mr. Gould??? u * THE “TRAITOROUS DIRECTORS.” “Exactly. was Lane, He, { think, uegouated with the men of the Atiantic and Great Western and perfected the arrangemeni.’’ “Had this arrangement any connection with the wishes of the English stockholders?” + “Not in the least, of course. In Jact, tis to their interest that tne Erie Railway should be kept out of the conwol of the great trung road,” “Why so 1? THE ENDS IN VIEW. “Because the Atlantic and Great Western owes f reat deal more than the total value of ita stock. 'o pay Off its own debt it would briug into requisi- tion the rich resources presented by the Erle Kail- Way lor the avuse of the public’s pockets. There 33 no doudt that as soon as the Atlantic and Great Western should obtain control and possession it Would raise the rates of tarlif at least fifty per cent on the Erie Railway, and in this way oppress heavily the invabitants of the southern ter counties, wWhodepend upon the road as their great artery of travel and despatch between their homes and the metropolis, Five millions of dollars would be thus taken annually from the industry and wealth of that section, and that would be an immense tax.!” “This, then, Makes the plans of the Great Western people IMMENSELY UNPOPULAR with the people, of whom the road ts actually, or of whom it should be the servant?” “Yes, sir; aud it will be found a very dificult matter to usurp Mr. Gould’s rigntful authority, ‘tne people are strongly in favor of his administration. ‘rhey have recently heid meetings all slong the track, wilh expressions of. approbation aud of con. fidence in tue old nranagement.”” “There will undoubtedly be A GREAT CONTEST over the actual direction o1 tie road?” “Yes, sir; {rom the fact that Mr. Gould's moral influence with all of its employés is very great. He says, and Ido not doubt it, that he has tn his pos- | session hundreds of telegrams from the officials under him, working near the diferent stations along the road, in which they express their intention of obeying uo otuer authority than bis, So, you see, he ‘holds possession of the road with an army of men to support him and to defend it from big enemies,” “whatare vf THE VIEWS OF THE GOULD PARTY in relation to the action of the Great Western party 7"? “ENTIRELY ILLEGAL, OM, OF COURSE, They think that everything that has beea done to-day 1s illegal. ‘The ineeting of the directors was not called in te usual or breseribed way. It should be called by the President; 1t was called by a ma- jority of the directors, Then, too, they aisobeyed \he injunction of Judge lograham.” “rhis will probably, then, be the beginning of a Jong litigation 7’ ‘es, if; it will go Immeately to the courts.’” jow? Will tie Gould party get an injunction immediately against its oppouents ?? “Yes; and then there will be INNUMERABLE COUNTER INJUNCTIONS, Tt will be a long bgnt.” “What will bow be the course of those who have been favoring the repeal of the Classification act?! “it will be to their interest, ah x ir interest, and, perha) to th interest of Mr. Goud too, to press ie repeal. That | would secure an y election, when we share- holders, Who have had, in fact, nothing at all to in the present movement, would instate such @ di+ rectory as would exclade both the old ofiicers and those who are uoW trying to usarp control. Mr, Gould may join with the Englisu stockholders in tone against the Atlantic and Great Western in- A tiat Woe OF SHERWOOD's YARNS, iat was the nature of the e resi ming, directors, do you know | area one « ‘I have uo positive knowledge; understoud and believe that they Fosntos secu ee worth of the stock from the men who have taken their places, with the provision that; atver the new directory was iully instated, doubtless to-night, the Erle Raliway should ‘be given over to the Atianuc | aud Great Western, either by sale or ty jong iease.”” “All of tue directors elected tocdny are Aa tke ected to-day are in tho in terest of the Atlantic and Groat Western?” ys I think #0, General Dix and others aro owners of that stock; General George b. Jlennan 14 the President.’? WILL THE GOVERNOR INTERFERR? How do you think the war will enc?” “1 think that it Will result In the same Way as did the trouvie about the Susquehanna road, which yourememver, There will be some actual conics M interest of the Atlantic and Groat Western, were | The leader of the traitorous directors | wok against the deyloes of his opponent. THE ERIK SAFE ENTERED, Confusion at Midnight—Roughe Capture Transfer Books, Some of Whieh are Still Missing. ‘The sate of the Erle Railway oMice can be opened. by only three men—Mr. Otis, the Secretary of the new Board of Virectors; Mr. Comer, late private Secretary to Mr. Fisk, and Mr. Mortimer Smitp, who was the Assistant Secretary of the old Board of Directors, At eleven o'clock Mr. George Grouch was iniormed that Mr. Gould had sent for Mr. | Mortimer Smith, ‘The fact that the latter was one of the three persons who had | poasession of the Knowledge necessary to the open- | ing of the safe awoke the suspicions of Mr. Crouch, | and he immediately took the precaition of station ing two of Captain Petty’s men to watcn the door. In ashori time Mr. Mortimer Smith, accompanied by Mr. H. N. Smith, of the firm of Smith, Gould & Martin, and who Js said to have been somewhat no- torlous of Jate in the manipulation of the stock of the Hannibal and St Joseph Rail- road, entered the sale and commenced snethacHng, papers. ‘he policemen seized them | and forced them to surrender what they had taken, "rhe two Smiths allezed in defence of ther action that they were simply taking private papers Of Mrs Gould’s. Mr. Mortimer Smith atterwards waited upon Mr. Archer with this explanation, and Mr, Archer aid not entertain any susvicions that his tm tentions were any other than those which he stated, although he refused absolutely to allow auy papers ‘whatever to be taken, ‘HE TREASURY THREATENED, Atabont half-past eleven the crowd of roughs who lied the stairway and filled tne lobbies made A movement as L they intended to at'ack the treas- ury of the Erie Company, witch 1s situated on tue | fivsé floor of the buildiug, near Biguth avenue. Mr. ! White, the ‘Treasurer, however, was already tnere 1m | charge, anc a strong lorce was sent down to supports | him. ‘Phe treasury oftice is almost entirely isoiated | from the rest of the balding, if tt were not for | elevator winch connects it with the Aa the cased Was it was ina veritable stxve oF siege, the doors and windows Kept firmly harred and |} guarded against every attempt to attack on the pars | of the enemy. ANOTHER CHARGE ON THR SAVE, Ten minutes aiter the movement on tne treasury those who wero seated in the Directors’ room uw through & window wilich looks into she vesti- bule several men descending a windiag stairway which jewus to the sate, ach one was laden with books and papers. The HERALD reporier first no- | Uced them, and = shordy aiterward a shout | was raised without, ‘“Tnere! ‘arress those ment? Then ensued @ stignt scramble. he men were seized, aud the books which they ha, proving to be the “transier books,” were taken back to the safe, As they lad, however, made one or two trips up and down the staus before being dis | covered a govd deal of the property must have { been secured by them which was not recovered, One of then), by tame J. LH. Whittaker, was arresied | and detained, While this incident was occurring: the persons in the Directors’ room and tbe President’s, roo mounted excitedly upon the heaters near te. window aud looked on with eagerness. Tne door of te particular passage which !cads to the safe stairs. Was crowded with the loungers, wo wero Ww: | Shout for purpyses best known to theinscives, ‘Dudley Field's clerk took some of the books inta the law oftice, and these were not recovered, IN WALL STHESi, Though it dia not assume @ very demonstrative form, the fall of the Erie magnate naturally pro- duced a profound sensation on the street. The news | arrived a little before three, and in a few minutes: | the rumor, with the proverbial spced of bad tidings, ‘was carried into every little broker’s ofice and was eagerly discussed, to the accompaniment of the nervous little tickings of the stock teegraph instrae ments, It was the suddenness of the coup a’éiat that people chiefy remarked upon, however, “Any {ool Knew;that a rogue like that would go tothe bad before his hair got white,’ sata one” sharp-eyed operator, “but I did not expect the final tableau quite so sgn ag this, Why, me ts snuffed out like the wick of a candle,” 2 “He was goue up as soon as Fisk died,” quoth anoiner; “{ was sure of that, fle hadn't got the | backbone to fight a thing through to the lust dited. He was the brains of the firm; but vrains don’t amount to much unless you have pluck at the back j ofthem., You coulda’ haye fixed Fisk so cashy, He would have squirmed out of tiis fix the same as he did out of hundreds of otners.’™ It was clear also that the majority even of the brokers heard the nei of this 1st signal triumph Of virtue over corruption with @ great deal of satis. faction, Some of tiem hat admired the brililancy and daring of Fisk’s campaigns, uuserupulous as were the principles upon witch they had been con- ducted, and his bork ymmée and personal popular: ity succeeded pretty woll in reconciling many even of the men he nad plunderea to their fate; but Gould seems to have had no friends, and all were ready to figuratively Kick @t his falien pody, uad bespatter Nira in is hour of disgrace and huuillia- ton and (eleat with contemptuous abuse. ‘The curs rent talk every Where Was that be was tie meanest, the tricklest, Che most miserably infanous of meu, “Why, he even swiudled Fisk's witow and tho other legacces out of ine estate of Wis dead partner? jd one; “and then, not coutent with that, ne sold 8 Of the Prince’ of Brie up ac the Grand Opera House tor thely beuefit, [suppose he pub whatever he got, even out of that, inco his own pooke?, Aman like that ain't tit to live, even m a stato prison. A decent convict would refuse ty assoviace With nim,"? Mr. Gould would bave listened fouck more consolation of this douvtfal character nad ne veo. Wired upon the street, and uo douse his ears ungted even amid tue splendor of the fives at the Grand Opera Hvoase at what was sata About him. Lvery one gioried m ais rain ond Hoated with triumphant giee over Als duwntali, Ro words were deemed too Aarsa, 20 wise too severe to be applied to Une vanqnisued snttlionnaire, Only one qual of dissatisiaction was mingled m the cup of those Who thus guided at iin, ‘ould he ve flaally dud nopelessiy rumea? Would he be forced to disgorge ius plunder, oF would he be allowed to sifp @way and enjoy, ax well as the memory of his former Freainess and the stings of universal hatred and contempt would allow him to egjoy anyiing, the mitiong upon nuiltons wiica he is reperted to have scraped togetier? Perhaps the wisn was father to the thought, for soon there came anotwwer report titat he Was to be arrested either inst niygut oF to- , And upon this caine- the invariabio commen: ‘Serve lam Fight; he maue Fisk take all the blame while he lived, and tt is onty faiv that he should uow have @ little substantial punishment; I hope they put him im the Stave Prison.” Men Wall street are not. usually tnus iapiacadly revengelu!, and something more thao mere tary errors seems to Lave in tis case stirred of authority in the administration, ‘here be on and bicodshed on the track, oreven at the oilice in New York. Together with tne litiga- lation iu the gourts this will increase ¥ exciting nature of affairs, throw the man. Agement into dire confusion and incommode the pablic and cause much loss to the shareholders, ‘Then L think (Mat (he Governor will step in and take charge himsei!, as he did with the Albany and Sug. quenanna, The road can still ve kept in running order while being quarrelied about in the courts, where the contest may possibly terminate one way or the other aster a long time, but not speedily,” nia ended the conversation, Mr. Sher VENTORLO DE heir bile, ‘This is Ail tne more certaia siace many Who were financially uniteresied tu the matter ‘Were among the bitterest of h.s verbal critics, Of course the news soon brought about heavy = in “wrie Stook. At lirst the effect Was to it uv, but after boiding tts ground preity weil for @ time it steadily fell back again one or cent. The transactions were very beavy, id aimost every minute the quotations Wore ticked out oa te tape. ‘the sceng in the open Board Koom was, a3 Usual On Occasions Of Unusual eXItement, Ver; @pimated. The door littered over with torn coats sei. CONTINUED OM TENTH PAGR s+