The New York Herald Newspaper, February 1, 1873, Page 4

4 ‘DISCREDIT MOBILIER. Investigating Committees No. 1 and No. 2 at Work. Neilson’s Business Rela- tions with Brooks. Dr. Durant in His Own Defence and Refuting Alley’s Statements. GENERAL DODGE “DOING GOOD” IN CONGRESS, Horace F. Clarke Again Before the Wilson Committee. \A PLEA FOR THE UNION PACIFIC. General Butler’s Secretary Not One of the Conspirators Against the Road. —_>—_————. A President Who Does Not Draw Salary. General John A. Dix and John C. Cisco Paid $50,000 Each for Doing Nothing. a CHARMING FRANKNESS OF ALEXANDER IIAY. ———. His Relations with Dr. Durant and Others—What He Did to Aid the Road—Durant Gives Him $60,000 to Give to Stewart— Stewart's Peouliar Line of Busi- ness and His Great Liberality. WASHINGTON, Jan. 81, 1873. Judge Poland's special committee te inquire into the distribution of Crédit Mobilier stock among members of Congress resumed its session this morning, and Charles H. Neilson was recalled. He testified that he kept no formal account ofthe money transactions between himself and Mr. Brooks; witness generally paid money to Mr. Brooks by check; he gave Mr. Brooksa check fer $9,0000n accountof a Joan; the money advanced by Mr. Brooks was $10,000; no note was given for it; gave him collateral security con- sisting of Union Pacific first mortgage bonds, which he received e time he (witness) get the 100 shares of Credit Mobilier; also received 200 shares of Kk: re- ceived the cash dividend on the Credit Mobilier of $9,000 on the 18th of June, 1868; paid at dividend to. Mr. Brooks did not owe Mr. Brooks any other money atthat fime unless it was a small amount—$100 or so; Py! the money to Brooks’ cashier and took a reccipt at e time. [Witness here produced the receipt ‘and Mr. rooks submitted his check book, showing that the amount was deposited to his credit on the same day.) Had not paid Mr. brooks the balance, as the gentleman still held the collateral security; witness owes Mr. now about $15,000, money advanced; Mr. Dillon advanced the money for the fifty shares and received as collateral security four first mortgage bonds and fitty shares of Union Pacific stock ; did not remember of hav- ing paid Mr. Dillon; suppose he had been paid by the sale 4 the securities, which he bad a’perfect right to sell; Mr. page padi assured witness recently that the loan had een paid. ¢ an ait you ever had any settlement with Mr. Dillon? ‘0, sir. Judge Poland—Well, it would be a little remarkable if the sate of the bonds exactly paid the :oan. The witness—I have a right now to go to Mr. Dillon with my check for the amount of the loan and interest, and demand my securities again; witness supposed tha securities just About covered the loan; thought they were well worth about eighty. A DISCREPANCY. Judge Poland—Well, the evidence before us shows that Mr. Ames sold the bonds at 97. A. Well, I never sold any of mine at that price; never bad any such offer; witness made it a custom never to take up loan until called upon to do so; did not think five years an unusual time u po ms loan stand; had frequendy known them to stund nat long. By Mr. Niblack—Mr, Brooks still holds the Union Pa- cific bonds as collateral security on another loan; the bonds draw interest, and @ portion of that interest has been paid to witness by Mr. Brooks; expects to pay Mr. Brooks inte} on the loan. ly Mr. McCrary—Borrowed the $14,000 from Mr. Brooks Brool NEW YORK HERALD, SATURDAY; FEBRUARY 1, 1873—TRIPLE SHEET. some way sttccecded in getting one of the injunctions jodified, th tion be! v sentin p.W — and S ‘other ‘that of Mr. Al tucket elected. An nae vt , ALLEY'S BOGUS BOARD. from acting. wi once to which they eracetuily brat fi aoe Pore Leben dissolve the’ same. witness next quoted from the record to show when wr anley was elected a director, And next cited the adopted by the. Board: of rustees December 12, instruc! ng the rer to Wrsrls-gam Raainiay hae, rote dean paid up stock clare = dividend of up of said by a ipo comtinbonde and sar vee cant tock the adirmative, The witnessread. this to comtradict the statement of Mr. be Alley) was opposed to a distribution of the prone axising ander the face oe | once oO the 3d Ile; in per cent in Union Pacific bonds. Witness then testified techn Be OF Ta eniah hve Sapetlonced are tant hin claims. for his’ patel ‘unselfish course in con. is claims triotic and nection with this enterpriee are as baseless as many of his other statements have been. The record shown to be Other trasines seraisguasied the malority of thei hat Mis yerignation was upon. "The Brice te quoted dated Sentemier Tf 188, ‘stating, they Gould not put ‘mi! is ce Durant in as a direotor unless he withdrew his injunction suits; that was the reason he was maki man: ‘Ames contr joetns rice: ea be see St sano; Beth of October Me Atel haat ‘ass seven trustees, but previous to thi of Darecters aj ‘at $45,000; Boa greed assignment, and ac- cepted the guarantee of lit Mobilier Compan: anid to release Amen from all llabilities under the sarne: the details of such assignment $0 the Executive : @ full release from all liabilities under the contract was duly executed by the proper officers of the company and Mr. Ames’ responsibility complete! out. The witness next referred to the fact that General Dodge. chief engineer ot the road, under a salary of $10,000 per annum, was a! & member of Congress in Washington, instead of being on the . When wit- ess remonstrated against he was informed that DODGE COULD DO MORK GOOD IN WASHINGTON, where he had great infinence; he further found that the wite of General Dodge had 100 shares of Credit Mobilier stock, and was therefere a lai Sper spipant in the profits to be made by the coutractors; he did not mean to say that the chief engineer would be unduly influenced in his duties by any interest which his wife might have; next produced his order suspending Dodge as chief en: neer on account of over-estimates of amounts due cen- Frac. made by him, and the reply of Dodge that the estimates were made up data fienished — by srs. Reed and reference to’ his accounts while Vice of the road. Witness submitted affidavits of Sidney Dil- Jon, B. F. Ham, H, ©. Crane, John 5. Cisco, John A. Dix, Oliver Amesand others, showing that they were correct. Mr. Alley and Mr. Ames called to examine his accoun as a self-constituted committee; he was willing to show them all his accounts connected with the Credit Mobelier, but when they wanted to inguire into his acconntsas an officer of the Union Pacifie Railroad Company he gave them but little informa’ ;he denied ever having said to Mr. Aner, that he paid Mr. Thaddeus Stevens any money whatever, never having secn him except on one occasion. Witness further stated that he never paid nor promised to pay Mr. Stevens any sum of money whatever, or any stock, bonds or other property; he denied all con- nection with the Fisk suit, either on the part of himself or Mr. McComb; Mr. Alley’s claims that the success of THIS GREAT NATIONAL ENTERPRISE was owing to Mr. Ames and his friends was utterly un- founded ; ‘witness then gave a history of his connection with the road, stating th: Cheyenne Bridge and other monntain passes out of his own private means before the company had obtained sub- scription enough to enable them to organize. Mr, Alley desired to address the committee. Judge Poland said they would hear him, but he must notify him that the committee room was fot the place to settle disputes between himself and Mr. Durant. Mr. Alley then reiterated his former statement that the cry of “stop thief” was made by the thieves themselves, and he hoped that the other committee would make a full investigation as to the history and management of the Toad. This committee, of course, could not do that. He charged that no satisfactory account had been rendered m Crane in President ba ir. Durant for $435,000 expended by him. and said that the person (Mr. Stewart) who had $250,000 of that to testify. The money was.now imprisoned for refusin 5 charges against General Dodge were unjust, he. thought He declared he had nothing to do with purchasing loco- motives, Adjeurned until to-morrew morning, THE WILSON COMMITTEE. The Wilson Committee met’ to-day at half-past ten o'clock. Horace F. Clark was recalled. The Chairman caused to be read a sentence trom the re- Pactary notes, by which Marosered that Clark said yes. ‘erday that he became satisfied that the gentleman who brought before him the details to break down the stock of the Pacific Railroad Company was not in the con- ee, to injure it, and not as published, that the gentle- man himself was in the conspiracy. Mr. Shellabarger interrogated Witness relative to the ied Ames contract and the proceedings under it, in- cluding DIVIDENDS BY THY CREDIT MORILIER, and the previous agreement with Ames that the stockholders in the Credit Mobflier should relatively share in the fits of the contract. Witness was asked whether it wasin accordance with sound usage and strict business principles to give the assets of @ corporation for the construction of a railroad. The witness repled:—In many reapects it unprece- dented; in some it was not; inthe early hi of rail- roads, going back forty years, the usual course was to ob- tain subscriptions to the capiial stock, or obtain money on a loan upon the bonds of the road and spend it on ac count of the stockholders; he thought this was the cus- tom as to all roads up to fifteen years ago; the result was that in most instances, or as @ general rule, the stock- holders lost all their money; of late the plan’ of forming construction mer ampe and take to themselves all the stock and securities and build the road has been resorted to, and has not been regarded as violative of sound busi- some time laat simmer; resided in the same house with Mr. Brooks and used the same safe with him. Ky Mr. Merrick—His regular busineas is not that of a stock operator; is 1m the insurance business, and keeps cogular books of that; deals In stocks very frequently, but keeps no accounts; they are kept by the broker; Mr. Brooks now holds $16,000 as collateral security; witness has had the interest on $6,000 and Mr. Brooks had that on $11,000; hud frequently received a check ftom Mr. Brooks tor $300 on account. Q. Did these checks generally come about Christm: or New Year's? A. No, sir; did not know what amou: he had received by cheek trom Mr. Brooks; witness thought he had received about $3,500 in the argregate trom Mr. Brooks, including interest on the bonds and the $500 checks. By Mr. Brooks—1 want Mr, Neilson to show from his memorandum all the transactions he has had with Mr. Ham? A. Lcannot show all, but here are some. MR. NAM’S KIND INTIMATION. aWitness here proauced two notice ssistant Secretary of Credit Mobilier, directed to bi fire dated March & 1858, and March 4 186) eaqe from B. F. Ham, puneing that there were dividends due him ‘on Credit pbilier stock, and notifying him to come and get them. Mr. Brooks said he offered this to show the stock be- longed to Mr. Neilson, Witness yestified that the notice of March $ was for dividends due on the 10) shares; on that day he bought the fifty shares additional, and the notice of March 4 was for dividends due on the additional shares; witness let the loan rest with Mr. Dillon because it'was @ satisfactory one to both jes; the business between Mr. Brooks and witness be eastly settled by their check boo id dealt in Union Pacific stock frequently, and nearly all other tocks on the list; itis a common practice in Wall street fo sell out collateral securities; Mr. Dillon would have naturally do upon learning that Oakes Ames was Ut to fail his first impulse would have been to sell out dtake care of himself: the bonds were pernutted be in the house of Mr. Brooks as a place of security ; w ‘ness could have got them at any time by paying’ t $1,000 balance due. DR, THOMAS C. DURANT appeared before the committee and submitted a lengthy suitement in writing in reply to the testimony of Joh B, Alley before the committee on the 7th of January. Dr. Durant commenced by saying that the statements ot Mr, Alley were so at variance with the actual facts as {o the two corporations, and so untrue and unjust, to individuals, both living and deceased, that he deemed it necessary to reply, that Alley's rash’ stateme: not go out to the world without the refutation zecord of the Union Pacific Railroad abundantly furnished. Mr. Durant then quoted extensively from the record asto the organization of the railroad company, the Hoxie contract and the diMculties under tt; then'as to tion of the Credit ilier and its work. M Alley and their (rt were not original sul the Union Pacite Kailroad; their only terest in the said company being acaaired by them directors or as stockholders in the Uredit Mobilier. He next refers to the injunctions whieh he obtained against Ames & Co. to prevent the settlement with the Credi Mobilier at $50,000 per mile, for fifty-eight miles. He deemed it his duty as an officer of the Union Pacific Company to do all im his power to protect the interests of those of the stockholders who were not stockholders in the Credit Mebilier; his course was not approved by Mr. Alley and his friends, whe seemed to consider all sums suved to the Union Pacific as robbed from them as stock- holders in the Credit Mobilier, Mr, Alley, in his state. nent, had with, ee em UNPARALLELED IMPUDENCR attributed to Mr. Ames and his party the views and policy ot their opponents. The protests and complaints ot wit- ness before the Courts to protect the interests of stock- holders were the best evidence of what his views and actions were at the time. Aiter Ames & Co. had acquired avoice in the direction of the road they developed several plans which increased the cost of construction to the railroad company. One of these plans was the pay- ment of large commissions to themselves for loans to the company or proc ring for it such loans. omotives, which had been purchased at a government sale of con- demned pi rity and being repai: we forced upon ere vu any by Odkes Ames, They well knew that 150 millog or the Foud next west of the one hundredth meridian was being built for about twenty thousand dollars per exclusive of equipment and station houses. is tact Appears from JR ROOMER CONTRACT, ‘and witness submitted a copy of it He further said that Mr. Al improperly charged bim with meny hem wand newlected toreredit with others, and thus placed him ina ty > poeitiee. in order faaenes the election of the Bi rectors of the Uni ‘ac frou Sidney Dito ‘hen we. "Grane H bern 8s +4 the Flak ult the withers stated thet Py then act. Ing Prosident of the Credit Mobilier, gave direct! Treasurer to recetve no subscriptions for stoc! when accompanied with payment thereof. Thereupon Mr, Alley and his ness principles. THY GREAT DISTINGUISHING FRATURE of the present case was thatthe gentlemen who formed the Construction Committec were the directors of the corporation with which they dealt; this was the first case he ever knew where the parties were identical; construction companies, as @ general rule, were com- posed of parties who dealt at arms’ length with the cor- Porations; ithad not been uncommon with construction companies to take all the securities of every description of stocks and bondsand turn overthe road finished ac cording to contract. Mr. Shellabarger asked whether it was the opinion of the present management of the Union Pacific Railroad that the transactions already described were such ax to entitle that company to call on the gentlemen who pro- “I the division of the profits to account to the Union Pacific Railroad Company for the division of the same or any part thereof, and whether, so far as the witness Knew, it was the purpeve of the Union Pacific Railroad Company not to call upon them go to account, Witness answered thatthe question had not been con- sidered by, the Board of Directors of the Union Pacific Railroad Company since he became President of the com- pany; the subject had been agitated more or less among the ‘stockholders; he had himself considered it in the light | eer fat though he thought all the facts had not been fully developed ; he repeated there had been no for- mal action, and would be none until all the facts, so far as legal and equitable rights were concerned, could be ascertaine THE MANAGEMENT OF TIT UNION PACIFIC Railroad Company would endeavor not to deal unjustly nor act in hot haste under excitement, but as soon as the company should be advised of all the facts and ascertain it was hot debarred in law or equity fram seeking to re- cover it would look for tts property which has heen lost; he could not, however, bring ‘himself to assame that everything stated was necessarily true. In answer elius Wendell), appointed an- ae Pcclent dohngou, received 825,00, aS a condition of ot oan actuas cepting a portion of the ro: id not think any of ors made an profit, from errors of 3 ment, they threw obstacles fo ‘the way of so rece PROMPT IN ACORPTING THE ROAD. ‘THB GOVERNMENT ited that the government had been Hert Ey sceepting Sections of the road as {hoy were Duils, trom time to fime, and delivering the bonds; he meant by raids, certain movements on the stock market on the when y was withheld by th ariment rom the Dompany, "The witness sal . knowing James F. Wilson to be a good lawyer and anabile man, he had applicd to eat gentleman to become counsel of the road: but Mr. Wil- son declined, alleging that by Le cry such position he might be compromised asa goverament director, In re- sponse to a question by Mr. Hoar eas replied that (oie was o'strangst, and. he had naver econ iim pt fo We i a a frei oet to hues the Union Pacite allroad. Com: pany had failed ; Mr. Cowlam came to New York, and he wee satisfied that while Cowlam was cognizant of, ae NOT A PARTY TO THR CONSPIRACY. Cowlam's object was to enable the witness to guard the interest of bondholders; the witness came. to the conclu- sion that Cowiam came into possession of the intorma- tion from parties who desired to make money and had in faith communicated it to witness, and it the con- polrsor we beaded off he expected to receive some com- pensai ANDER WAY, sworn, testifted—Resides, in Philadelphia; wasin Wash- ington during 1864 when the legislation with reference to on Thomas O Durant for 20 coustraction bonds of the ee and Leavenworth Railroad Company the bonds being $1,000 each ; he presented the order to ‘Durant who honored It, and Mr. Crane and Clark Bell delive: ees XTY THOUSAND DOLLARS. |) DURANT PAYS STEWART BI edad Svan ita aby SN be aa ner jaen' , . iéparticn came to him asking his nee a acemaker, and to get bills passed to recone: erences between persons concerned in different bri oO eat cea Bane pronaht ne, Sawaee ane Leaven- Worth bonds here he deposited them in the Merchant's Mr. Stewart: walle igre in 1864 wit- ness took an interest in the Union Pacific Railroad legislation, and at the request of Mr. Stewart he spoke to several members of the committee about. a bill and as- sisted in pre aring one; Stewart paid him handsomely: Thomas C. Durant, John D. Perry and and a number of gentlemen now here, appealed to wit- hess to help them; he helped all for nothing, with ‘the exception of tho payment to him by Stewart of fron fifteen to sixteen thousand dollars for services rend: for stewart; at the request of Dr. Durant he subscribed for ninety shares of Union Pacific Railroad stock in the fall of 1867, which he gold to the Credit Mobilier. Mr. Hoar asked the witness: whether he knew of the ayment to any member of Congress of money or any- hing of value, or the promise of poner. or anything of value, directly or indirectly, to procure legislation? The witness replied that he did not. He was then asked whether he knew ot the payment of money or anything ot value to any person connected with the press or pro- rietors of newspapers or correspondents, or promises of he same, directly or indirectly, to obtain their influence to procure legislation or withdraw their influence? The witness gaye the name of W. J. Keeler, who, he thought, ‘was a correspondent and wrote a good deal and took an interest in the road. After some further interrogation of the witness the committee adjourned until to-morrow at ten o'clock A, M. Mr. Huntington, THE SECOND AVENUE RAILROAD EXTEN- SION. pee Meeting of the Commissioners Yester- day—They Adjourn Without Signing the Final Decision. The Commissioners for appratsing the value of the extension of the Second Avenue Railroad met yesterday afternoon at 40 Wall street. The gist of the final decision of the Commissioners has already been published in the Hera.p. The following is the document in its legal shape as drawn by the counsel for the Second Avenue Railroad, Messrs, Platt and Hutchins. It was submitted to the Com- missioners, but they adjourned, without aMixing their signatures to it, until Tuesday next, at three o'clock. It will probably be signed on Tuesday :— THR DECISION, To all to whom these fi ts shall come or jay con. cern, William R. Martin, Butus M. Stivers and J. Nelson Tappan send greeting creas the said William BR. Martin, Rufus M. Stivers and J, Nelson an were by an order of the Supreme Court, made at a Special Term thereof, held at the cham- ber thereof, in the new County Court House, in the city of New York, on the 5th day of June, A. D. 1872, appointed Commissjoners under and pursuant to the provisions of and for the purposes mentioned in a certain act of the pee at of State of New York, {gad April 16, 1872, and entitled ‘An act to authorize the Second Ave- nue Railroad Company, in the city of New York, to ex- tend their tracks and operate the same,” to ap- id determine the amount of compensation be paid annually or in @ gross sum to r, Aldermen and Commonalty of the city of the the rightsand privileges granted by the afore- said act to the said Second Avenue Ral.road Company, which rights and privileges are the following, viz. :— “To construct and use, in connection with their present tracks, an additional track on Second nue, from Twenty-third street to Houston street, and a single track from thence through and along Houston street to Forsyth street, and thence through and along Forsyth street to Division street, and thence through and along Division street, with a double track to connect with their present tracks in Chatham squs ind an additional track in Grand street, from Forsyth to Chrystie street, through and along Chrystie street ty Division street; also a double track from and comnecting with the tracks of sald company at the junction of Second avenue and Stuyvesant and Tenth streets, thence through and along Stuyvesant street across Third avenue, Eighth street and Fourth avenue to Astor place, and thence through and along Astor place to the ensterly side of Broadway ; also a double track trom the First ave- nue through and along Sixty-third street and Sixty-fourth atreet to a point 200 feet distant from Third avenue, and in First avenue, besween Sixty-third and Sixty-fourth streets, to connect the sam lao a double track in Eighty-sixth stteet, from Second avenue to avenue A, and'thence along avenue Ato Ninety-second street and thence through and along Ninety-second street to, the East River ; also a double track from their present tracks rough and along South street to all necessary switches, curve: turnouts racks for the complete operation oi their said road and extensions.”” Now, therefore, know ye that the said William R, tin, Rufue M, Stivers and J. Nelson Tappan, having taken upon themselves the charge aud burden of the said ap- praisement, and having taken and subscribed the oath required by law, and having been attended by counsel for the said Second Avenue Railroad Company and for Mayor, Aldermen and Commonity of the city of New York, and having deliberately heard the proofs and alle- gations of the said parties have appraised and deter- mined and do by this their decision appraise and deter: mine the cempensation to be paid by the said Second Avenue Railroad Company to the said Mayor, Aldermen and Commonalty of the city of New York for'the rights and privileges aforesaid, as follows, viz. -— 1. For the present fractional year ending on the 30th day of September, 1873, the sum of $1,000, the same to be pay> able on the Ist day of November, 1873. 2. On the Istaay of November, 1574. and on the Ist day of November in cach year thereafter, one-third of one per cent of the gross receipts of the said railroad com- any from eee wer travel on its road for the year end- ing on the 30th day of Septembe in witness whereof the said unto set their hands and seals this — day of —, 1873. The Commissioners held a seeret consultation for two or three minutes after this document had been submitted. Previous to this consultation Mr. Mar- tin, the chairman, asked Mr. O'Gorman, counsel for to a question by Mr. Hoar the witness spoke of the great advantages the general government has derived from tho Union Pacific Railroad. Among them, the services of a portion of the army have been dispensed with, a large extent of country settled and the saving in mail trans- portation alone of more than the whole interest on the government loan. The witness said, as President of the company, he was the REPRESENTATIVE OF ONK WONDRED MILLIONS OF CAPITAL, and spoke of the Injury which had been inflicted on the company. The government lent its bonds, these bonds became’ the basis of banking operations; bat fcr without an act of Congress and without any respectable reason, the Treasury Department refused to have them so used. This threw discredit on the bonds. What next ? The Treasury Department does not, count these bonds as A part of the public debt, but as the debt of the Union Pacific Railroad, although phot payable by the com- pany until thirty years hence. Furthermore, the reasury has published the railroad company asa de- fau!ting debtor In respect to arrears of interest, as ifthe interest were already duc. The company was performing overnment vice without the slightest complaint; ut, suddenly, in 1871, payment was stopped by the arbi- trary act of the Treasury Department. Congress, how- ever introduced and directed the payment of the amonnt withheld. Witness, supposing the matter was set at rest, purchased over twenty-five thousand shares of stock: Last Spring the presemt management too! Economy was effected and leakages stopped, that reform was inaugurated another a: made, thereby cansing toon ot millions ofdollars. Losses occur consequent on the raids in Congress on the coms pany. They fall on the poor, the rich being able to take cal empelves; and now, under “PILE CLOUD AND DARKNESS OF THE CREDIT MODILIER, another assault bas been made by Congress, owing to which fs Pee recert je hae tallen from 88 to 72; there never en a complaint that the company had not fulfilled its contracts, and yet a law ‘ushed throngh saying ip effect that the ‘company shall perform certain work, but for it receive no money ment, if the accounts were adjusted on the equity, would be largely indebted to the company. 4 PRESIDENT WHO DORS NOT DRAW SALARY, In reply ‘al Slocum, witness said the salary of the of the Union Pacific Railroad Company was cight or ten thousand dollars per annuin, but as to himself he docs not draw the salary. General Slocum asked how much money was = to Jebn A. Dix by the company while he was Minister to Pine In Q eplied, that he could not say,asthe money ‘Was not pak Satine ‘his administration ; heard, how- ever, that $50,000 had been paid Dix under the presi- dency ot Oliver Ames. General Slocum asked whether that amount was paid Dix while he was Minister abroad. Witness replied that he aid not know the date of per Lyn emoney was paid after Dix had left the r Q. For what purpose? A. In connection with an tempted negotiation of bonds. Were any of the bonds acgotiated there? A. I think nol In reply to Mr. Hoar the witness said he had no per- sonal knowledge of the subject; the first time his atten- thom was called to it was during the late political cam- te subscribe for the stuck; on the fi made a parcel of it auliseription, which was of cou: urer, Land gg A thas pretended to be tendered was not, as | upd ever counted by the Treasurer, but was retained party no offering to subscribe, to be usea the next minute ‘on another subscription; among the subscriptions le ipcaen. way, 85 thls ime are three in the name of ope yand Joho B. trustee, am e |guregate to $28,500,000; th wanting tn FARCICAL SUBSCRIPTION and tender thereot me gonsrees tor the period ef about ten minates in tine, and reached in amount the sun of about sixty millions of dollars; not a doilar ef this passed into the hands of the comp It should 0 pass; all this took place about tve ‘be. fore the election of directors; the bylaws of the company provided that no stock could be voted on which had not stood on the books of the conan in the irse refi well knew it would be; fering to vote eon for ten da: revi. Sas to the fetection; on the day ot th Waid tion Mr, Alley and his trends, with General b. F, Buder peapent oe their counse] in the stockholders’ ‘8 resolution amending these bylaws to wit titi? dere Appointed new inspector ind opened oe polls, the nted vi hows! ‘app inspectors ha pre: opened polla and. commenced receiving votes, ath Wy eubseription yr stock eid at this were enjoined Irom yorsg upon on which no money had been ection, but I underswod General Butler in ‘ign, and one-half of the slanders now current sprung find Wve during the canvass. A ledger of the company ‘was shown to the witness, and which he said he bad not fore seen, Fromm this book it appeared 000 was paid '86,5and November tween May 24, 1 The witness could yt give h e the detalls. ‘Mr, Hoar—From whom did you hear of the matter dur- ing the cam pai A, From be Ag ues in the board, one of whom, Daff, a director, is here present. In ut r. the witness repeated that he heard from otiatio Bier ated eps trate thee cheat ke m ‘was paid while Dix rend aeat as he had no spe- Cite datos: Selimene abhorred detested th: mi weonece earner nes Ly o—_ not for this reason withhold erzished to. know. whether the statement ait elved the 3 Lead whil nite tates Wevegeie esate a further stated. ly KA, re! it with John J. Cise Banker ot New ign respectability and at ol Uinme treasurer aterropared «ie withers at length ts to the Mr. Swann inte ire prospect nancial condi. fon be eo ¢ ser the exminination witness sald tion, &e. 1e © the i ware in she Wyoming Coal contract giving that the corporation, whether he wished to object on the part of the city. Mr. O'Gorman said he was not in a position either to object or to assent to this decision, and that the corporation would undoubt- edly ti such steps as it would deem necessary. He declined to say definitively that the city would assent to the decision of the Commissioners. WHAT OF THE WEATHER? weds The Streets of Pepper and Floes of the Rivers and Berghs in the Street. The Ice King awoke with daybreak yesterday at his den in the North River highlands and shook from his shoulders the mantle of snow flakes, which the breeze caught and sent dancing merrily over the water. All upper New York arose in the chil of the morning, brushing out tangled locks and dis- tending waxen eyelids for a glimpse at the outdoor world, Not as of yore did these happy eyes greet The snow that began in the gloaming And busily all the night had been falling till it shut out fora moment the dirt and darkness of city life, but a glimpse of a sait-and-peppery desert lay before them fading way in the vista of the street. The old inquiries as to skating were made by the kitchen girls to the early mi'kman, and later they were repeated at the breakfast table to the servants in waiting by soft and silvery—tinkling and brazen—belles. “THE RED FLAG IS WUP, MY DEAR,” answered the seber abigail, or, “Is it skatin’ yes would be afther, me dear? Sure the young gintle- maan as comes alther ye of an evening wint by wid his girl wid their skates two blessed hours ag, and they lookin’ uP at yer windy and laughin’ like mad. Be gorrah, it's meself was shocked at ’em.’’ The stin came out at last, as the moon comes out in the land to the north of us, with a pale, yel- lowish, fading face. It gave none of the nice effects that one who bas listened to Tyndall's lectures ex- pects as @ matter of course, and, in fact, it dis- gusted and effectually squelched numberless em- bryo heneetiom It shook its tangled locks now and then out from an ashen mist, as Absalom shook his in the eyes ef his father, till one was apt to cry at it, like David of old, saying, “My son! my son!” ‘Still it was BETTER THAN FRERZING TO THAW in the smile of this suddenly somnolent weather, and many & fellow took a long breath without con- ealing the air in his bronchial tubes and thanked javen for small favors shewn bi showered, Apple women sold their fruit raw and peanut dealers thought charcoal not worth shucks for use in the roasting business. Ice cream went up and brandy went down, like fat_ men who ventured in the streets without gum shoes. At the watering places stage horses fell snorting with the dew om their nostrils, while the drivers stood over them distorted and tying to beat out the equine brain with a pail, and the icy Bergh’s mem glanced ey at them as they froze to the bystanders an shrieked like @ nor'wester tor heip to arrest the “dastardly willains,” and so in the streets the panorama moved on. OUT IN THE RIVER. The ice floes beating down from the Hudson were wafted by the tide up the East River, and time they blocked the wheels of the ferry- and forced them from their channels. The boat from Greenpoint to Roosevelt street was forced into Tenth street. But finally the tide ran out, and the ferries found a comparatively certain though not an open channel. As tae sun went down the river was only fecked with broken ice fields, from which no danger could be anticipated, “SIOUX CITY.” Something About the Organization.of the Towa Contracting Company. Facts, Names and Dates for Wilson’s Committee. How the Sioux City’ and Pacific Railroad Company's Land Grant Was Obtained. HOAX AND JOHN J, BLAIR DID IT. + An Organization in Iowa Similar to the Credit Mobilier—Ex-Secretary Usher and Ex- Secretary Harlan in the Work. PRESIDENT BLAIR’S TESTIMONY. On the 15th of September, 1864, at a meeting of the Board ef Directors of “The Sioux City and Pacific Railroad: Company,” organized under the laws of Iowa, a resolution was passed requesting the President of the United States to designate Said company “for the purpose of constructing and operating @ line of railroad and telegraph from Sioux City tosuch point on and so as to connect with the Iowa branch of the Union Pacific Railroad from Omaha, or the Union Pacific Railroad, as such company may select.” Therefore, by the authority conferred upon the President by the seventeenth section of the act of Congress approved July 2, 1864, entitled “An act to amend an act to aid in the con- struction ofa railroad and telegraph line from the Missouri River to the Pacific Ocean,” &c., &., President Lincoln designated in an official order, under date of December 24, 1864, the said Sioux City and Pacific Railroad Company for the purpose above mentioned, Hon. William B, Allison, then a member of Con- gress from Iowa, now United States Senator elect from that State, was designated at the September meeting of the directors to present the resolution quoted above to the President of the United States. In the meantime hasty steps had been taken by Senator Grimes, of Iowa, and James F. Wilson, Representative, of lowa, to procure President Lin- coln’s designation of the Sioux City and Pacific Railroad Company to build the branch, making a flank Movement upon Allison. At the next meet- ing of the Board of Directors, September 1, 1864, John J. Blair, of New Jersey, was elected President of the Sloux City and Pacific Railroad Company; William B, Allison was elected Vice President, and Oakes Ames and A. W. Johnson, of Maine, were elected directors, President Lincoln’s action was taken in the above matter upon the advice of Hon, J. P. Usher, Secretary of the Interior, who, as is shown by his letter to the President, was influenced by Con- gressman and Senator elect William B. Allison. The following is the Secretary’s letter, who says he enclosed the order which Mr. Lincoln signed :— DeraRtMeNt oF Tue INTERIOR, } Wasninaton Crry, Dec. 24, 1864. ¢ Sir—I have examined the papers submitted by Hon. W. B. Allison, of Iowa, in reference to the designation of a company to construct the Sioux City branch of the Pacific Railroad, and respectfully recommend that you designate the Sioux City and Pacific Railroad Company, in pursu- ance of the seventeenth section of the act of Congress ap- roved July 2, 1864. The form of an order for your signa- tire is accordingly enclosed, I have the honor to be, very respectfully, 5 our obedient serv: ¥! Uelter. The Prasipent or tre Unitep States. At this time the entire Iowa delegation in Con- gress had become actively interested in the Sioux City and Pacific Railroad Company and large stock- holders, Shortly after the President gave the above-men- tioned authority to the road Mr. Usher was super- seded in the Interior Department by James Harlan, of Iowa, who afterwards received $10,000 from Dr. Thomas C. Durant, the prince of railroad builders and grand dispenser of liberal DONATIONS FOR CREDIT MOBILIER. Secretary Harlan summoned a convention of the Government Directors, Commissioners and Engi- neers to mect in the city of Washington, on the Ist of February, 1866, ‘‘to fix the standard of the Pacific Railroad,’’ &c. If the “standard” fixed at that meeting was very much elevated it has had a severe tumble since to reach its present level. President Blair, of the Sioux City Company, under date of New York, Januar: 29, 1866, wrote ‘‘Hon. William B. Allison, Vice Presi- dent of the Sioux city and Pacific Railroad Com- pany,” and “Hon. Oakes Ames, member of Con- ge Washington, D. C.,” to attend Secretary jarlan’s convention and act for the Iowa corpo- ration, On the 14th of April, 1866, Mr. Blair, the President of the road, wrote Oakes Ames, at Washington, from ‘Boone, lowa,” that the ‘survey was expen- sive; that it required “a large outlay for the en- pinecrne party,”’ and if it became necessary to go far west of the Missouri River his engineers would want a government escort, and Ames was s0- licited to obtain it from the government. This ear!y appeal to the government for protection to build only 100 miles of road within the borders of civili- zation was surprising to those who recollected that the company had received, little more than one year before, ONE OF THE MOST VALUABLE LAND SUBSIDIES that was ever granted to any corporation. Novem- ber 16, 1866, President Blair made his annual re- port to Mr. McCulloch, Secretary of the Treasury, giving results of surveys and examinations of routes then in progress, and announcing that the engincers had selected the rich bottom lands trom Sioux City down the valley of the Missouri as the true one on which to build the road. President Blair closed this report by assuring the Secretary of the Treasury that “good and reliable subscrip- tions to the capital stock of the company have re- cently been obtained to the amount of $2,000,000, and it Js the plan and purpose of the company to prosecute the entire work with vigor and success.”’ In September, 1867, the Sioux City and Pacinc Railr Company, designated by act of Congress to build the Sioux City branch of the Union Pacitic Raliroad, contracted with De Witt ©, Blair, of New Jersey, and Oakes Ames, of Massachusetts, to construct the road at the rate of $50,000 per mile in cash, as the funds may be required. The e- ment announced that this was “all to the satisfac. tion and acceptance to John I. Blair,” then Presi- dent and General Agent of the Sioux City ana Pacific Railroad Company. The contract further agreed that De Witt C. Blair and Oakes Ames, THE GOBBLERS OF THIS NICE PLUM, should ‘constitute John I. Blair their sole agent to construct the said railroad and telegraph line and to carry out this contract’ in every particular with the said company. ‘This agreement was signed by John 1. Blair, as President of the Sioux City and Pacific Railroad Company, b; '. Blair and Oakes Ames a8 contractors. and approved by Oakes Ames, W. T. Glidden, J. I. Blair, D. ©, Biair and ©, A, Lambard, Executive Committee of the Sioux City and Pacific Kailroad Company; also by John I. Blair, Oakes Ames, William B, Ailison and others, as Directors of the Sioux City and Pacitic Railroad Company; aiso by Oakes Ames, Oakes A, Ames, Oliver Ames, 24; John M. S. Williams, A. W. John: gon, per J. M. S, Williams; P. W. Pennallaw, M.S. Williams; A. H. Twombly, per W. H liams; C, A. Lambard, per W. M. 8. William: KE. L. M. Williams, per J. M. 8. Williams: W. son, per J, M.S. Williams; Samuel Hooper & Co., Frank M. Ames, by Oakes Ames, and about flity other stockholders. Shortly after the last-mentioned transaction, “for divers reasons and @ legal consideration, Messrs. Blair and Ames, the contractors, assigned to Jonn I. Blair, in trust, for the benefit of the stockholders of the Sioux City and Pacific Railroad Company, and their successors forever, all the rofits of every kind and nature that may arise un- fer the contract,” &c. On the 30th of April, 1869, Mr. John [. Blair ap- R ed as @ witness in the suit of Charles Lam- liege John I, Blair, Oakes Ames and the Sioux City Raiiroad Company, brought im the Sa- ‘ourt im this city. Mr. Blair testified that e then, and had been for several years, presi- dent of the above-named road. Among other things, after being closely questioned about his operations in the management of the road, he was asked about a proposition which he made to the company to increase THE SUBSCRIPTION TO THE CAPITAL STOCK, and himself moved that such increase be made as the directors see fit. He answered that he attended the meeting of a committee appointed by the di- rectors, and in stating what took place there he said:—“The subscription stood $9,000, and ££ proposed to the Board that it should be increased. That I was going to make a return to the government, ana Wanted subscriptions; it was @ jarce the way this thing had been carried on; that 1 wanted the sub- scriptions increased and fer them to put down— Mr. Crocker to put down what he would subscribo and Mr, Smith and every member of the com- mittee to do it, They reiused to put down any- thing, Then J said I would subs $100,000 my- \ company a drawback of twenty-five per cent had be |. Bel uestioned =by the | CHtirmane wittess anid “that since that the road j raids had d of di ng patrons | had “Stanadsecu"sa"he Compas Sara te and the city, save from the thin coating of ice and snow upon its pavements, bore whe character of Spring. seli and $100,000 for Mr. Ames; that this thing could not go om se apy longer; that | would reso rather than goon with this farce in the shape {t liad‘been. That we had been two yeurs in exist- had been paid and notone o contributed towards. that $9,000. to acall them for $1,000 tracti y a ‘a subscription, w! tha taf To get the auvaproars mbes fe cguta pay f York groposed, in the omice of Mr. Jessop, w York city, “that we must make some front; thatis to say, we must make up something that would look like responsibility inthe company. I pro d then to Mr. Ames that I woul gO ont, and I would sign a million oi dollars for the low: would do fant. "Then ‘proposed tke Mt! atgod and our other associates Re we dca bat $2,000, ‘0 show that we added something tion. We had us 2.0, and were agreed. ‘They out that ry at it wi I went to Iowa and opened the books or Pret tion. I mentioned to Mr. Platt Smith and Mr Prockens r oommicsae ae Li raat ihere, what 1 ‘posed ao} for myself and some of the of basociates-ior instance, Mr. Lamba! Oakes Railroad Com; . I subscribed $1,000,000 as President of the lowaContracting Company, Mr. Crocker subscribed $110,000, I kept the books open until the time we had advertised. Many gen- tlemen were in the office, but none subscribed. It waa open for them all. The capital stock was Ffeceaniai and I felt and hoped that the people of lowa® would subscribe. I issued circulars, and ot 68 large on subscribers in ew York and Boston, Mr. Blair fied that after the books were closed coe had no right to subscribe; that after four millions of dollars had been ‘subscribed and the work was doue and the road built he didn’t know why men should be allowed to come in and share the profits of a success, They declined to share the responsibility in the hour of trial, 1 consulied Mr. Ames and closed the books.’ Thus it was that the Iowa Railway Contracting Company organized upon the same principle of the Crédit Mobilier, in Pennsylvania, gobbled up the profits of the erent land subsidy given to the Sioux City and Pacific Ratlroad Gompany. This brief sketch of a few of the transactions of the chief Operators in procuring the laud grant and dis- osing of it, will give the Wilson Committee at ibe Sc a considerable list of important wit- LITERARY CHIT-CHAT, ated Tue LONDON National Reformer, Bradlaugh’s re- publican and free religious paper, having been re- fused by the government the right of transmission through the mails, the London press alludes to the heretical journal with well-bred contempt. The Echo says, ‘‘We have never seen a copy, and do not want to,” and the Scotsman declares ‘We are blessedly ignorant of the contents of Mr. Brad- laugh’s periodical.” Dipier & Co, have published “Lamartine: His Literary and Political Life,” by Charles de Mazade, one of the editors of the Revue des Deux Mondes, TRUEBNER & Co. have published the second part of volume five of “‘Legge’s Chinese Classics,’ con- taining, Dukes Seang, Ch’aou Tuig and Gae, with ‘Tso's appendix, Scripngr & Co. announce several books of that romantic scientist, Jules Verne, whose “Twenty Thousand Leagues Under the Sea’’ has been pub- lished by Osgood, He wrote “A Journey to the Centre of the Earth,” “From the Earth to the Moon,” “Meridiana,” ‘Around the Moon,” «ec, A NEw Hvumorovs German ilustrated paper, under the euphonious title of Schnedderedengg, has appeared in New York. It is published fortnightly, by Collin & Small. The wood cuts are stupendous. ROBERTS BROTHERS Will issue in February “Bits of Talk About Home Matters,’’ by H. H. (Helen Hunt), author of that delightful little volume, “Bits of Travel.” HENRY CaRkY Barred will publish by subscription “A Practical Treatise on the Manufacture of Paper in All Its Branches,” by Carl Hofman, with 110 illus- trations and five folding plates, at the price of $15. BULWwsEr LytTon’s literary carcer began in 1820, with the publication of “Ismael: an Oriental Tale,’, and ended in 1870 with the issue of ‘Miscellaneous Works” in three volumes, containing his essays and casual contributions to the press. He pro- duced twenty-three novels, seven dramas and nine volumes of poetry. Hout & WILLIAMS announce for publication Tom Hughes’ “Reminiscences of an English Gentle- man.” Dopp & MEAD have in press for immedtate publi- cation, by special arrangement with the author, “Wanderings in Spain,’ by Augustus J. C, Hare. GeorGE GeEBBIE, of Philadelphia, has in prepara- tion Tomunson’s “History and Geography of Egypt, Palestine, Nubia and Syria, with a History of the Crusades.” A FEEBLE REPRODUCTION of some of Cobbett's ideas as to eating and drinking has lately appeared | under the title of “How to Live on Sixpence a Day.” The author undertakes to show that it is not only possible, but desirable, to live on sixpence | a day in modern England. This is equal to Dr. Dio Lewis’ notion of luxuriating on bran bread and hasty pudding at seventy-five cents a week. THE MARKET SAVINGS BANK. Important Meeting of the Depositors’ Committee Yesterday—The President in Jail. William Van Name, formerly President of the Mar- ket Savings Bank, was arrested yesterday morn- ing by Order of Arrest Clerk Judson Jarvis and locked up in Ludlow Street Jail. The order of ar- Test was issued by Justice Barrett in a suit in the Supreme Court by Francis W. North, assignee in bankruptcy of the Market Savings Bank, against Matthew P. Bemus, William Van Name and Henry R, Conklin. Report says this is the beginning of a series of actiona to be brought against the officers of the bank. Judge Barrett issued the order of arrest on an aMidavit of Henry R. Conklin, signed by him in Montreal, Canada, and sworn to beiore the United States Consul at that place. The warrant was laced in the hands of Mr. Judson Jarvis the day efore yesterday by Man & Parsons, the attorneys for the plaintitl, and he at once detatied a man to look after Van Name. The gentleman was not at his usual place of business, and the officers searched for him for a considerable time before de- ciding to go to his residence. Finding that was the only place to get bim it was at last settled to visit the house, and there Mr. Van Name was taken. The depositors’ committeo of the Savings Bank met yesterday afternoon, at No. 79 Nassau street, and took some important action in regard to the settlement of the affairs of the bank. @ committee took into consideration the turning into cash some property belonging to the institutien, at Long Branch. This is tobe done to increase the dividend. Van Name having failed to obtain the $43,000 bail required, was sent back from court to Ludlow street jail. THE NATIONAL GUARD. The Seventh Regiment—What It Done and What It Wants. The Seventh Regiment (N.Y. S.N.G.), through & committee, has just sent a memorial to the Legis- lature asking that body to set apart a site for a new armory. The memorial, which ts signed by Coionel Emmons Clark and A. De Witt Baldwin, at great length details the services rendered by it to the State and nation, and declares that ‘a large majority of the members of the r ent now live above Thirtieth street and that the central point for the assembling of this iment is moving northward every year; that it is of vital interest and a positive necessity for this regiment to secure a location for an armory which shall be central and accessible to its members and which shall continue to be central for Many years to come; that the regiment can never reach ‘the desired perfection in drill until its drill rooms are upon the ground floor, thereby giving it an oppertunity to practice the double quick or double time” with safety toits armory and,to its members. The memorial concludes with a request that tne slature set apart @ portion of the ublic park known as Reservoir square for its use. e memorial concludes as tollows :— of an act for this purpose and the erection tne Brmoty Fa orereert, would lenve vacant. the pres ent Armor. the Seventh regiment, and would afford amp! ii excellent accommodation for those iments whose members mostly reside below Twentieth street. the officers mem ¢ passage of such Demrol the Seventh regiment petign to ait; ws Inr as bor in the erection of a building upon Reservair sanaro H maze ornamental to the etty and to the imme- jocality. Bibl whie dial STABBING AFFBAY. Michael Polite and Cerron Polite, of 142 Baxter street, got into an altercation with ‘some unknown man last night, who stabbed Michael in the shoul- der and cheek and Cerron in the shoulder, The wounded men were sent to Bellevue Hospital by Captain Clinchy, of the Fourteenth precinct police, Curious Result of Hitting the Head Against a Beam. A Citizen of Elmira Who Forgets the Occur- rences of Three Years, — ELMIRA, N, Y., Jan. 28, 1873. Acase having but few known paralicis in medi- cal practice is just now puzzling the facuity in’ thts section and forming a subject for universal com- ment. The circumstances attending it are as fol- lows:— Nearly three years ago Mr. R. A. Hall, then a resident of this city, was rendered unconscious by striking his head against a beam in his barn, He Speedily recovered. and no serious consequences resulted from the injury up to within the past few days. Shortly after the accidert Mr. Hall engaged in the mercantile business in Scranton, Pa, and removed thither with his family. Une day last week he was obliged to leave his store and go home, owing to a Severe and peculiar pain in his head. After reach- ing his residence he was taken with violent spasms, which continued at short intervals unvil ten o'clock at night, when they left him, and he sank into a quiet sleep, resting well all night. Upom i awaking in the morning, his actions were so singu- testi- | lar that it was along time before his friends could explain the cause. It was finally discovered that his memory, from the date of the accident in Elmira, was entirely gone. Everything that had occurred during the past three years, and during that time, many important events had transpired in his life, was as blank to him as if he had been in a swoon forall that time. He recog- nized his wife and others he had known before the accident, but two children that were born auring the past three years were entire strangers to him. His oldest child, five years old, he remembered only as she was when but two. His mind seemed weak, and his friends hoped that with the return of his usual good health his memory would be re- stored. In a day or two, however, both his mental and physical vigor returned, but the singular gap in his memory remained. His partner in busi- ness, Mr. Pratt, Mr. Hall nad known for years. Mr. Pratt at the time of the injury to Mr. Hall's head was principal of a school at Danville, Pa., and Mr. Hall remembers him only as that. He entered the latter’s room a day or so after he was taken sick, and Mr. Hall was very much surprised to see him, and asked him about his school and friends in Danville. Mr, Hall could hardly be brought to believe his present condition, but he finally saw that it could not be otherwise. Every effort has been made by his family, by bringing up old associations, the deaths of -friends and rela- tives and important events in his life for the past three years, to awaken some sign of - recollection of that time, but in vain, He was greatly surprised to hear that ne had veen doing business in Scranton for two years, and in a drive through that city a day or two since he recognized none of the business firms with whom he has haa dealings during that time. He is now in this oity, visiting old scenes and iriends, in hopes that he may fix his mind on something which wil lead tt back over the three years that are blank to nim and result in entirely restoring his memory, THE LIBERAL clu: B. A Paper By Mr. Delmar on Federalism. There was the large attendance at the rooms ot this club last evening which has characterized ite late sessions, Mr. Delmar was the lecturer of the evening, and read as follows :— laying before you the arguments in behalf of sm 1 do not wish to be looked upon as their advocate, neither, on the other hand, do I desire tobe regarded as insensible to their weight and value. I have followed the profession of journal- ism, @ profession whose very esse! is impartial- ity, for twenty-one years. One cannot lounge so long upon a seat of judgment without catching some of the juridical’ spirit of the place; hence, unlike the generality of those who go with a party, @ necessity to which every American must yield bim- self, 1am accustomed to listen to the arguments on both sides, and to accord to each ite proportion of merit, It isnot the function of the Journalist any more than it is that of the judge to manufac- ture evidence; he must recognize existing tacts; and as a journalist 1 recognize the existence of A POWERFUL FEDERAL SENTIMENT in this country. I accord it place, and I proceed to examine tts claims to future progress and develop» ment. Equality is the one principle that will sac- cessfully peeple this continent and preserve the liberties of its inhabitants; but equality can only proceed from a single federal government—the States cannot accord it. They must necessarily and essentially diter, They do differ; they never can wholly agree; and so long as there is disa- greement in the governments there cannot be equality for the peeple. Neither residence nor citizenship is equal in the States, Marriages and divorces, imprisonment for debt, writs, | executions and exemptions from excentions, crimes and punishments, privileges, franchises, immunities, penalties, burdens, and, above all, schools and taxes, differ in the respective States. Massachusetts teaches her children in commodious edifices, uses the best methods and implements and employs the best teachers. New Jersey (not to go farther) invites her youth into dilapidated ‘antly written text books in their 8 them to the influences of ILLITERATE POLITICIANS ¥OR TEACHERS, In one State the local taxes amount annually te over one hundred and twenty dollars per family; in another to $90; in another to not one-fourth as much, Federalism demands that these distino- tions shall be abolished, and that the law shalt se- cure a real instead of a merely nominal equality to the people. The impossibility of watching FORTY-EIGHT GOVERNMENTS has had an extraordinary and important result The people have tacitly committed their entire in- terests and fortunes to the keeping of two political arties, whose leaders and managers, instead of ‘ongress, as was intended, sway their destinies. It is charged that, knowing this, the Rothscnu through their American agent, obtained centrol of one of these ee in the general election of 1868, and threw it into confusion by abandoning ita Presidential candidate on the eve of election 80 a8 to afford victory to its opponent, whose financial views more nearly accorded with the interests of that great house. [donot now affirm this charge to be true ; it is enough if it is plausible. Doubtless fora reason sound enough, but.which philosophers having been unable to detect, the ten- dencies of government in this country have been at different periods very different in character Jefferson drew his lessons from the French. Later statesmen have drawn theirs from the Magna Charta of England. Comprehensive at home and respected abroad a republic should be. Mr. Orspy thanked Mr. Delmar for his-address, which he thought was all too long. The remedy proposed by Mr, Delmar (?) wae worse than the disease. If Mr. Delmar’s theory of government was adopted there would be nothing to save the country from going to Tophet. Mr. Garpor thought Mr. Delmar had. reflectea upon the government of the United States in a financial way, and begged to state that the rate of interest was at present substantially the same in England as in America. Protessor WiLcox followed, bine. introduced as the friend of Herbert Spencer le was received and frequently interrupted by s storm of applause. STEPHEN PEARL ANDREWS tien took the floor, and for three-quarters of an howr kept the audience: interested in his various ing coy theories, in many of which he claimed ht had been copied by the greatest European thinkes. THE BROOKLYN BOARD OF EDUCATION. The Mayor of Brooklyn is called wpon to send to the Board of Alaermen the names of fifteen gen- tlemen for confirmation as members of the Board of Education, to fill the vacandes of those whose terms of office have just expred. There is no salary paid tothe members, ind it is somewhat surprising to the uninitiated thitthere should be such a strife to receive the mpointment. The Mayor during the past week tas been harassed nearly to death by applicants gnd their friends, Yesterday he received a list of nmes from promi- nent politicians, who t! ht tey would relieve him from all responsibili jatter, request- tag him to send names of thigentlemen to the Board of Aldermen. The Mayotof course appre- ciates the kindness of the getiemen who pre- pared the “slate.” ATTEMPTED SURDE Julins Strauss, thirty-six yeanof age,\of 639 Kast Eleventh street, attempted to emmit suicide last evening by jumping off a floustn street ferryboat into the river. He was rescuedvy some men at- tach >d to the ferry landing. Attthed to lis wrists were two leather labess marked, Juiius S,, care ot M. Frankel, No. 36 West Broadwy,”' his brother- in-law. Strauss was taken to je Eleventh pre- cimct station honse, and from wre sent to bie home. A GAP IN THE MEMORY. | J