The Brooklyn Daily Eagle from Brooklyn, New York • Page 1

THE BROOKLYN DAILY EAGLE. BROOKLYN, TUESDAY, JANUARY 7, 1873. THREE CENTS. VOL. 34.

NO. 5. a inus rn je wxs. THE BRIDGE. of the Committee desired him to accept a ration larger sum.

January 8, 181, The Committee had paid on this sooouni $175,000.00 Expenditure! to that date were Five per oent on which is 58.970.07 osBistant. The majority of the Committee soy on tola point tbBt they contented "themselveB with the certificate of the Chief Engineer, whose integrity and fidelity have never been questioned, that all the materials paid for hod been duly and fully delivered." No such certificate could have given by Mr. Boebling except upon the Btate of facts we have mentioned. Having exhausted the subject of materials, the chairman proceeds to the matter of compensation paid to the Superintendent. Wo have already given an explanation of our action in that regard, and have nothing to add in relation to it here.

But the unwarrantable inferences of Mr. Barnes, we cannot pass time, or unnecessary in consequence of the smsllnesa of the quantity, to seek for formal bids. Iu auoh cases the articles were bought In open market from reputable citizens or companies, Borne times by persons in the employ of the Company, under the direction of the Superintendent, or more generally by John H. Prentioo, the Treasurer of the Company. We are now speaking of all cases where purchases were made without asking competition.

In our opinion it was Impossible to conduct this part of the work with more economy. Tho fact is stated by the Committee that in many instances purchases have been made from one concern, in which the General Superintendent has had a pecuniary interest. Allusion is here mado to tho New York and Brooklyn Saw Mill and Lumber Company, Bituated in South Brooklyn, in which Mr. Klngsley is a stockholder. Although the Committee say that the i rl' as in all instances paid for material appear to have 1 ii reasonable, it might bo inferred that Mr.

Kinga ImI t.ikenBome advantage ol his position in thlB "Iniplestatemont or. tho facts will, we think, ijMV" j'iv impression. the Committee." To a true oopy or abstract of the record, embracing the minutes of the Board and its Committee and of tho papers on file, with the explanations of the Chief Engineer on the subjects to which they relate, there could bo no possible objection; but a record, to be valuable and just, Bhonld possess at least these elements. But the Chairman has not presented any suoh. He has at one time quoted the minutes of tho Board, or the Committee in part, suppressing muterial portions of them relating to the same subject; he has at another time given them in subsiance and erroneously he has sometimes Btated as facts what the record does not show to be suoh, but the contrary, and he has sometimes cited the minutes and drawn unfavorable conclusions when the papers on file fully explained the transaction, or when tho Chief Engineer could have done so.

His report is full of disingenuous insinuations against the Executive Cimmfttee. It may perhaps bo said that tho substautial fact, reported by the majority, that in all these matters the Company ha suffered no wrong, iB a sufilciout auswor, but as tb. Chairman has declared hii record to have been "recited" for the UBe oi' the public, it becomes necesfiirv for us in our own defense to supply its deaoienclti and correct i(s etrors, although it miy tax the tini i of city on their part The Committee finally agreed to pay for the same as follows To tho City of New York, bb owners of the fee, $160,000, and to the Ferry Company, as lessees, for their damages, including their rocks and fixtures and removal of coal, $22,175.98. 2. A strip of land adjoiuing the last owned by tho Union Ferry Oompany in fee, and running from iter Btreet to the Biver, thirty seven feet wi lo, aul throe hundred and eighty three feet deep, with improvements thereon, for which the Committee, by Messrs.

Husted, Stranahan and Slocum, negotiated with tbo Ferry Company, and the Committee agreed to pay $46,000, which Included $9,000 for the brick building thereon. 3. The land owned by William H. Marston, Esq and occupied by Mareton Power ob a coal yard, adjoining Parcel No. 2, on tho north, and also running from Water Btreet to the river, and having a front of eighty feet on the river, with depth of three hundred aud eighty three feet, which was bought for the yum of $130,000 under the direcdiou of the Committee.

4. The southerly half of Pier No. 29, on the New York side, belonging to Moses Taylor, and the heirs of Costar, Mr. Butler, of tho firm of Jiarts, Southmayd tt Choate, being the ageat, which was bought for $70,000, under tho direction of tho Committee. 6.

The northerly half of the same pier No. 29, owned by tne City of New York and leased to the Bjoserolt Street and South SoventhStrfet Ferry Comyauy. John T. Martin and John Prentico, were appointed appraisers ou the part of this Company and John T. Agnew and Wilson G.

Hunt, on the part of THE Bbookitn 1MH.T KAOte, published I 0T7 fter neoufln tho R.1ULK llnlldings. 3tf and 33 ulton street. BrooTclyn, Is delivered to Mr snLscribera every evening, at Itehtoen cents per ook, payable to tbo carriers, or mailed toout of town nubjoribers at the rata of 8P per annnm, Raolp. baa a larger circulation ban anr other oicning paper published In Atnorloa. Thoro are si hundred thousand peoplo on Look Island, and the Kaolb Is admittedly the.

oiponont ot tho local interest of this population. As in adrertlslni medium, thorefore, tho Eaolb is no "Yt'afford's a larcer and moro concentrated circulation for tame money than any other paper. BATHS FOB. ADVCIU'ISING. 6'LIU AfiATE MKA8UUEMKNT.

Bolld advertisements, 1st page, IDconH per line each time. Display advertisements, 2nd or page, 20 cents per line each tlmo. Local and Commercial Notices, 3d or 4th page, 60 cents per line each time. IHscmiut of 6 per eont. tor 2tj iuaortlans in I month.

Elsoount of per cent, for 7ii insertions in 3 months. Discount of 15 per cent, fur 156 Insertions In 6 months. Discount of '25 per cent, far 3W insertions In 12 months. sUnaaements 20 cents per tine net each insertion. Peb Notice op Six Likes or Less.

Lost and Found ,76 coots 1 time, and 50'oonts oaoh subsequent time. For Sale aud To Let, 75 ceuts 1 time, and 60 oenta each subsequent time. Boarding, 75 ceuts I time, and GO oenta eaoh subsequent Help Wanted, 76 conts 1 time, and 60 cents eaoh subso SuuHO eente per lino in excess of six lines, Pkk Notice ok Six Limes oa LKSS. Personals. each timo.

Marriage Notices, $1.00 oach time. Deaths, $1,00 each time. Sabbath and Rjllitiotis, 60 cents oach tlst. Situations Wanted, 26 conte each time. Terms Cash in Advauoi.

Brooklyn, Seplomuor 1. 1872. mode, exoept upon publio tender, with adequate notice, nor from partie who may be iu any W1B6 associated ln the management of the work, unless snob, parties should be the lowest bidders, upon fair and open competition and under no conditions should contracts be given to parties identified ln Interest with the officers of the Company, who, after first making or approving specifications, are called upon to Judge and certify as to compliance with each speoifloatlons In the execution of the contract. MATERIALS CONSUMED. Your Committee deBired to have made a measurement of the quantity of materials actually consumed ln the work, as far as it has been oompleted, but, on attempting it, the dlfllooltios in tho way were found to be insuperable, and yout Committee were oampellad to content themselves with tho certificate of tho Ohiof Engineer, whose integrity and fidelity havo nevor been qneBtloned, that all the materials paid for had been only and fully delivered.

In making tho recommendation for additioual legislation, your Committee have had in view the fact that the Directors will shortly be compelled to apply to the publlo for more nioanB, in order to oomplete this great enterprise, which is not onlyoniof the grandest attempts of engineering skill, but will be of incalculable bonefit to over a million of people, whoso comfort and convenience it is intended to promote. Well administered, and with proper safeguards for tho expenditure of the necessary outlay, thore can bo no reason why the requisite means should not be furnished as fast as they can be judiciously expended; but on any othor terms those means should be withheld, and the completion of the bridge postponed until some mode shall have been adopted by which tho interests of these two cities shall be protected and guarded in such wise as will inspire adsolute confidence. While your Committee believe that the work ha3 been prosecuted with unusual energy and Buccess, and at a coBt that will compare fovprably with ony publio work whioh has been undertaken sinoe the great rise in the value of labor and materials, in order that all doubt may be put at rest in regard to the future progress and completion of tha bridge your Committee recommend the adoption of the following resolution Resolved, That the oonnsel of the Company be instructed to prepare and submit to the Board for approval, an amendment to the charter of the Company, authorizing the oities of Now York and Brooklyn to vote upon the stock held by them, BUOh vote to be cast by three Commissioners, to be nominated by the Governor and confirmed by the Senate, and empowering the said Commissioners to select the Directors, for whom the vote of the gald oities shall be cast, from the suoh other persons as may seem to them fit and proper Directors, taking care, so far as may be practicable, that the private stockholders are represented In tha Board In proportion to the stock held by them. Resolved, That the Executive Committee be and the same Is hereby authorized and directed to employ a Superintendent, at a salary not to exceed that paid to the Chief Engineer, which is at present $10,000 per annum, from January 1, 1872. AU of which la respectfully submitted.

abbam S. Hewitt, l' A. SOHBODKB. Bkooltkn, Docember 16, 1872. MRS.

F. B. CONWAY'S BROOKLYN THEATRE. LAST NIGHTS LAST NIGHTS OP Iho BonsUoni Society Comedy, by A.agostta Daly, an titled DIVORCE. Mias Fanny Ton Eyck.

who got tho best oatch of tho eaBon after all M. F. B. Oonway MIbs Ln Ton Kyck, wno mado the Newport match Miea Minnie Conway Graco, IdaBayory Mrs. Ton Kyck.

"a mother of sooiety who has provided well loi her two daughters. Mrs. Barren Alfred Adrlanso, who regarded marriages an eplsoiieand fonnd Itfato Frank Eoohe Captain Lynd, a friend In need indeej, and a ffiend in the way M. A. Kennedy Be Wolf de Witt, an oxoollent authority on the management of wives F.

Chippendale Templeteu Jltt, of tho New York aJr Mr. Walter Lennox OTHER OH ARACTKR3 BY COMPANY. Aetl. Givon in Marriage. Acta.

The Strife Begun. Curso oi Interference. Act 4. The Law Retaliates. Acts Tho Divorced.

DIVORCE MATINEE SATUllDAY AFTERNOON AT TWO. ON SATURDAY NIGHT A GREAT BILL. OLYMPIC THBATKE. KULTON ST. Engagement for six nlghta of tho last EUROPEAN SENSATION.

THE SUPERB. TJIE MAGNIFICENT. THE GBAOEEUL Z1TELLA, ZITELLA, Whoro glorious hcant.v and matohloss skill have made her tho reigning attraction In tbo PRINCIPAL EUROPEAN CITIES. PHINOIHAL EUROPEAN CITIES. First appearance of the champion Athletes, THE VARBLLA BROTHERS.

THE VARELLA BROTHERS All our mammoth companyln a dollghtful programme, concluding oach ovonlne with G. L.T3tout's Hletorloal THE WAR. ortoOLDPLANTATIOrL In preparation O'Oonor'a Child or tho Harp of Erin. jat2t PARK THEATRE. Will RE OPEN SATURDAY EVENING, January 11.

Full particulars In future announcements as to the attrao tlone offered. HOOLKV'S OFBKA HOUSE. JOHN HOOLEY and W. HAWXHURST, Managers GRIFFIN Director of Amusemeub). THE ONLY FAMILY RESORT.

Moro Fun! Moro Novelty! Moro Good Muslo 1 This week'B programme is death tothebluee. "Little Dickey Bird." ''Intelligence Offioe," "Oamora Obsoura," "Come and Kis me," "Bad Dlckoy," "Matrimony," new songs, dnCKnl7K'VKRY SATURDAY at half pastil. ATHENEUM, Atlantic avenue, cornor Clinton streot. 1HK GREATEST ATTRACTION F.VF.R OFFERED, THURSDAY EVENING, JANUARYS, at8 o'clock. Tho most wonderful and agreeable entertainment of the age, under the auspices of tho members of UNION LODGE 169, I.

O. of O. F. Vocal and instrumental music, dramatic renditions and grand promenade concert. MUSIC BY 23D RF.GIMKNT BAND, Sig.

Contornp, Leader. On this occasion Professor Luonberg. of Now York, will Introduce tbo infant prodigy, JOSIR LAMBERT, the child violinist, aged 6 years, Btar of the late Boston Jubileo, See oxtracts from Horald, Eagle and Union. WM. H.

BARNES. P. G.M., Editor of Now York "Heart avid Hand," In hla world renowned medley melange, the 319th ilmo, entitled ENTERTAINING AN AUDIENCE. Cornet and Violin Solo, and Operatic Seleotlonaby the Band. See programmes.

'l lCKeta aumiuvng Rontiuiuitu uv 60 ctB, For salo at tho drug Btorea of CHaS DENNIN, Court st, cornor First place, OHU MAR 4 SON, 294 Court at, and at J. G. LATIMER'S, Atlantlo av, near Court, GEO. N. BACKUS, Atlantic cor.

Nevlna, and at the Box Office of the Athenenm. JaoU GRAND MUSICAIi SOIREE HY THK NEW YORK CONSERVATORY OF MUSIC, AT THE BROOKLYN ATHENEUM, Corner Clinton st. and Atlantic av, On WEDNESDAY EVENING, January 16, at 8 o'clock. Tickets may be obtained at the Conservatory. No.

,102 Court st, near Stato )ftb9t B1 ROOKLYN ACADEMY OF MUSIC. Complimentary Dramatlo Teettmoniat to tit ti i) I' Din. xir.ii iv v. tj, By members of the AMARANTH, WEDNESDAY EVENING, January 22, 1873. When he will appear as MAJO'R DE BOOTS ln the comedy of "KVEIiYBODY'S FRIEND." and JACK GO LIGHTLY in "LEND ME FIVE SHILLINGS," supported by tho host talent of tho Company.

Tickets tSl no rosorved seats may be obtained at the stores of J. P. Carll 4 309 Fulton st, Chase 4 Son, 294 Fulton st, Hart 33.1 and 335 Fulton st, Brooklyn Society Ma.glM.lno, Washington 6t, Bollea's bookstore. 244 Fulton Bt, or of members of tho Amaranth and at the box office of tho Academy on the ovenlng of the performance. Music by L.

Conterno, Twenty third Regiment Band. deai8tTnS4Tu mABERNACLE YOUNG PEOPLE'S ASSOCIATION, GRAND EXHIBITION AT THE Y. M. C. ASSOCIATION HALL, Corner Fulton st aud Gallatin plaoe, WEDNDSDAY EVENING, JANUARY 8.

TABLEAUX, And the New CantAta QUEKN OF THE FLOWKR8, BY 75 CHILDREN. Tickots, 50 cents, Children 25 oontB. For salo at SL ADE'S, ouo imiton st; uuiiLiKcva, euiion Bt, and at the door. ja7 2t QRAND GALA NIGHT! MRS. JARi.EY'8 WAX WORKS.

Tho "irenulne and onlv" MRS. vrhoHQ recent entertainments at Association and Stelnway Halls, New York, were received by crowded houses with continuous laughter and applause, will exhibit her inimitable world renownea FLESH AND BLOOD WAX WORKS, Ac ttio ATI1KNKU1I. Corner Atlantic nv. aad Clinton Bt, ON FRIDAY KVENING. Jannarr ID.

For pure fun, wit and humor, nothing equals this, Mrs Jarleys show. Don't miss the chance. ja7 4t BROOKLYN PHILHARMONIC AT TSK ACADEMY OF MUSIO. SIXTH REHEARSAL. WEDNESDAY, January 8, at 3 HERB K.

DAROEL, Cornet, and THE ST. PETERSBURG HORN QUARTETTE, From tho Russian Imnerlal UDora. Tho on tiro proKramrao of tba Concert next Saturday WJli DGfflven. 1 lCnGta DV UP iSL NNUAL BALL, OY THE BROOKLYN DAILY KAGLK PRINTERS Will beheld at CITY ASSEMBLY ROOMS, 323 Washington st, near Myrtle On TUESDAY EVENING, January 23, 1873. Tickets can bo had at tho Eagle Office.

de20 td BKOOKLYN KIDiNG AOA0EMY, NOS. 470 476 PAOIFIO ST, Between Nevlua and Powera sta. The undersigned has the honor to announce that hit ARENA fnewlv dficoratoii) ts open for Ladles' and Gentlemen'a Rldlnor Lessons and Pleasure RxerclBos. MubIo Riding every FRIDAY EVEN inu, ai oiock, aunng tne vr inter season. Mrs.

WALTER frill hn In attanAanr.R nn Jadlftn. Well trained ladles and gentlemen's saddle hones always on band, for sale, to hire, or exohanire. For clron. lars, containing terms, rules, please call at the office. norses wkod io noara, vfiia privilege oi mo use or rmtr, at $30 per month.

Horsos can also be accommodated with. dox stalls. no9 Bm WM. WALTER. Proprietor.

mWEOTY THIRD REGIMENT N. G. BAND furnishes mnslo for all occasions, at the shortest notice. Special attention given to receptions, prirate Orders by mail will be promptly attended to, L. CON TERNO, Leader, 419 Gold st.

do28ra TL URN HAM'S ACADEMY PHYSICAL0 CULTURE, Southeast corner Schermerhorn and Smith sta. THURSDAY EVENING. January 9, 1873. COMPLIMENTARY GYMNAST 10 ENTERTAINMENT TO MR. AVON O.

BURNHAM, By the Members of PROF. JOHN WOOD'S GYMNASIUM, TwnnU.nlirhtli Who are considered the Amateur Champlona of Amorioa. Single Tickets, gent, and lady, $1. Children Tlcketa, 60 cts. ja6 4t rilHE CITY ASSEMBLY ROOMS.

JL No. 323 WASHINGTON STf AdioinluK ttio Post Office, Tn T.KT FOR CONOKRTS, LECTURES, FAIRS, PUBLIO MKKTINUo, BALLS AND SOIHEKS. The halt has a RnRClntidritmnnBlnn nf HTirl provided with comfortable galleries, ladies' and gentlo nuuu tuuoiuiun, Buppor, dressing, ibubi ana retiring rooms. It is antral IncAtAii. nnd tn llin finnnt.

nnhlln hall in Brooklyn. eor au information as. to torme, 4c, apply at tne ball. No. 323 Washington st jyiu iy jx, iv.

irrupnetur. NEW YOItK AMUSEMENXS. LYMPIC. LES BEIGANUS. Posltlvnlv Tjiflt Wanknf AIM KR.

MOKn AY, January 6, aud Kvorj FauuIuk until Frldlj. LUIS BRIGANDS, LEs BRIGANDS. AIMER. BO.VKr.Lr. Eto FRIDAY, Ronofit of MLI.B.

BONBLLI. OATUKUAY, fAKKWKLL MATIN KR. In active Drcnaratton. a srand anRntaiMilar nxtrava. ganza, ontltlod javoc AIjUAQlriKA.

ATHENEUM, 685 BROADWAY, oppoBlto Nlblo'B. KHUAUKMKNT KX.TKAOKDINAKY. FIVE CJLOWNK. KIVR (lT.nwsB NELSON, LEE. DUNBAR, ALMONT, DONALSON, Who will appear for the firat tlmo In this oountry, ln tholr brilliant comlo pantumlmo, entltlod THE DEVIL AMONG THE TAILORS, with entirely now tricks, sconery, eto.

raatuiee every vf eoneBOay ana BaturQay. TONY PASTOR'S OPERA H0TJSB. 201 BOWERY. ML1.K. UUBUH1TA HONZATI, DAN MOKRIS and MIbb JOSIB MORRIS.

The famod Chlneso Juggler, GEORGE DUNBAR. The iavorlto comedian, NEIL ROGERS. A new and exciting BenBational drama, called A MINKR'S LIFE; On, THR POOR MAN'S HOME. TONY PASTOR'S NEW SONGS. UNION SQUARE THEATRE.

PrODriotor Mr. RHKRIOAW HOnir Mr. A. PALMER, aiurasr uitiunuu uegina ac MONDAY EVENINO. rrill bo produced, after weeks of careful rehearsal aud elaborate scenic preparation.

Mr. John BrouRham'a now nnd Romantic Drama, ln five aots, founded on F. W. RoblnBon's novel, "A Bridge of GlaHB," and entitled ATtiriiKljKX UUUKT. liECTIREM.

mHE SECOND LECTURE in tuo vourae oz me PASTORAL AID SOCIETY, CHURCH OF THE HOLY TRINITY, Will be giro at ASSOCIATION HALL, Gallatin place, corner of Fulton Bt, TUESDAY EVENING, January 7, at 8 o'clock. By tho Her. H. C. POTTER, D.

Rector of Graoo Charon, New York. subject: "Some Clues to Admission oenu. ia8 21 ROF. R. R.

RAYMOND WILL XtEAt MISCELLANEOUS SELECTIONS, THE CHAPEL 0I" PRESBYTERIAN OHUROH (Dr. Dnryoa's.) TUESDAY EVENING, January 7. At 8 o'clock. Tlckols COcts; to bo had at the door. TJROP.

TYKDALIi THE REMAINDER OF HIS COURSE OF SIX LKOTUKKH, ELABORATELY1 ILLUSTRATED, AT THE AOArvFMV nv M1ISIO. On the "Phenomena of Xjight, Heat. Speotrum Analysis, eto. EVENINGS OF THE LECTURES: January 7,10,14,17,30. TfMrnL fnr ttiA fla l.ntnm.

rarally Circle, Course. 81.76. Single Evonings, Moents. deS I if mercantile HlDTaTy, juontague 8E. UNDEttTAKKBS.

CHAS. E. EARL, KURNI8HJNO UNDERTAKER, ro. 3 Putnam av. Inaction of Fultoa street, Presbyterian Oharoh.

cayll ly STuftTh An Exoeaa of or 15 oer oent. instead of 5 per cent. In the Executive Committee's statement of June, 1872, $125,000 appears in the "Construction Account" (where no other salaries are plaoed), as havlnif been paid Mr. Klngsley. The amount paid Mr.

Klngsley had first been oharged to a "Commission Aooount," then erased on the ledger and charged a Bpocial expense" account, aud more recently transferred to "Construction" account. November 18, 1811 The Executive Committee's records show the following "Resolved, That the claim of Wm. C. Klngsley, under resolution of July 6, 1870, be and tho saaie is hereby liquidated with his oonsent, at an amount not exceeding $125,000 in full, including his serricos, until the completion of the foundation of the towers to high water mark." No explanation of the reason is given. November 31 the Construction account is oredited wltb $50,000 from Mr.

Kingsley, but without ony explanation or reference on the book of minutes. In receiving tho $175,000 on account of the $1,179, 621.40 expenditures, January 1, 1871, Mr. Kingaloy had only drawn what the arrangement entitled him to draw, which was nlteen pbt oent. instead oi Ave. Tho word and figures, fifteen (15) have been erased in tho original entry, and five (6) inserted.

As to when this was done, ln April last the Committee of Fifty say We judgo it waa near the timo when wo commenced our examination, ub the book3 then showed (Dec. 9) $175,000. We are confident that tho latter amouht ($125,000) was not named at our first interview." This change of terms with tho Superintendent must have relinquished fifteen per cent, profit on a large aum yet to be expended, Tho right to make or extend this arangement or any other arrangement, exists iu the oliarter. There are as good reasons for making it now as existed then. Plying in 10 per cent, instalments on $100,000 or $500,000 of stock and drawing out 15 per cent, on several millions of expenditures does not involve flnanolal risk.

What the two cities saved by this surrendered privilege some one lost in prospective profit. If Mr. Klngsley alone was interested in it, then to him alone is due the credit of rising superior to an imperfect law and of refusing to put money into his pocket which had been generously placed at bis disposal. Mr. Kingsley has been serving the Company since early last Bummer without any arrangement.

The resolution fixing the compensation was in July, 1870. Tbo "odvances" referred to in the resolution, and in subsequent cards of explanation, had boen paid by the Company down to the matter of a telegram long prior to that date. Among the first monoys paid were the following: Office rent $537.50 Advances to Engineers 974.41 Kingsley A Keeny, for lumber 48,055.31 Klngsley A Keen, interest on same 880.35 Standard Press, printing 1,032.71 Reimbursements fur preliminary expeueos, advanced by lSjpersocs 3,318.95 Advances by Klngsley A Keeny, for bridgo photographs, reports, furniture, repairs, dinners to engineers, stationery, stamps, telegraphing, janitor, fnneral oxpecaoa of Mr. Roebllng, desk and chair for Mr. Klngsley.

7,016.09 PBOOUBINO SUPPLIES. The following are illustrations of the system adopted for securing eupplies, otc. "The General Superintendent reported that Wildor, Son Co. were the lowest biddora for whlto pine timber." Who elso bid or had an opportunity of bidding is not stated. The quantity and price are not stated.

"I have received bids for white pine timber from two (2) parties," one being the New York and Brooklyn Saw Mill and Lumber Company. "Reported the purchase of sheet piling, at $37,00 por 1,000, of the same Company. Other btds or prices not referred to. "Reported two bills for white pine plank J. M.

St M. F. Smith, $40.00 per 1,000 N. Y. B.

S. M. L. $40.00, less 2 per oent," Bills are frequently paid upon thecertifioation of one DBme, and, among them, bills of material, in the sale of which tho purchasing agent and members of the Company are said to be interested. The Bridge Company has paid the New York aud Brooklyn Saw Mill and Lumber Company and its treasurer, A.

Ammerman, $143,409.34. At other timos two names certify to the receipt of material, which is as it always should be. D. Burtls, Jr, huilds two coffer dams at the same timo. For tho smaller one two bids were asked, and it was contracted for at $3,000 for tho other is paid without bids or contract, MEMOBANDA FBOM CASH AND CHECK BOOKS.

When cheoka are deposited in bank it is the custom of the omcor to record the name of the drawor of tlj check on the margin of the check book. The" erens are given. ror monoy received April 12, 18T0 nve (5) parties The amount U1U 11UL IBUUU tUU UitUIL UUD U. UUU UUQ Xf check waB deposited instead of flvo (5). The name of the drawer or toe cneok deposited has ueeu erasea ana the word "oheok" inserted.

The same circumstancos. erasures, occur Beveral timos. COST OF MATERIAL, LAND, Your Committee disoussed the feasibility of makiug an examination ot tne quantity or material urmsaea tnrougn a surveyor's measurement, anu an examination of the books of the parties furnishing the same also of the land damage account. The value of Buoh bu examination to the vindication of the Agents of the Company would only consist in its thoroughness. Without power to compel exhibits and testimony the effort to obtain the full oost of material was not made and the measurement of the sum wis abandoned for the present.

The investigation thus far made by your Committee forces them to recognize the fact that the orirauic taw of the Bridge Company must be changed as'woll as praatical changes be made in the polloy of the management to hold that confidence whioh underlies the coveted success of the enterprise. Among Ihe many public works which our city has undertaken, never before has she been presented the opportunity of aiding one of such dlstinot bearing upon her future, as tbe oonneclion of those two great cities, by an unobstructed highway. A bridge aoross the East Biver has hidden in its silent forces social aud utile elements calculated to affect the interests of every inhabitant upon Long Island and to make Brooklyn the largest city upon tne American uonitnent. The work ob contemDlated will not onlv ho a mnnn. Blent to your sagacity, liberality aud skill, but from its gigantio proportions and beautiful symmetry, will be recognized by all civilized nations aB one of the wonders of tho world.

To have beon responsible for its success win bring a recognition oi puDno gratituae, more valuable to the patriotio mind than would be the possession of all the wealth it is destined to create. Aside from the purchase of the right of way and tho improvement of the same upon the two sides of the rivor, Mr. Itoebling, Engineer, now estimates that the triage win cost say unat tne right of way and its improvement will coat your Committee ore unable to state. Of tho total amount of money required $4,500,000 has been subscribed by the Citios of Brooklyn and New York $600,000 by individuals and the residue is to be raised ln a manner not yet decided upon. The stock of the eitlea has no voice in the management.

Whoever controls one half of $500,000, private stock. or Bay aoBoimery comroiB the Direction am tbe expenditure of all tbe money. The custody and guardianship of so large a trust and at sucu unequal nsK, roqiureBcnecKs not now anoraeu. Howevei faithful, vigilant and sagaclouB existing servants may be, the public can only feel the requisite confidence when protected by restricted charters and well denned managerial regulations. Excluding the puouc irom tne aeuoerations ot its agents when considering the expenditure of the publlo monoy, Boon ring BupnlieB without a thorough system of comnetl.

tion, and directly or indirectly allowing supplies to be furnished by those in administration of its affairs, will nut proauce tais eneot. Although the Bridge, from every element of its use and from the Bonroe ol ita finances, is oonBidered a public enterprise yet it is entirely a private corporation in which the publio hss no voioe excepting by the courtesy of the owners of a 1 ZOth or lOtu of the capital as the case may bo. Although Brooklyn and New York are nominally represented ln tho Board of Directors alter it is yeany orgamzea, yet toose representatives have no voice or votes in its organization, wherein rests the full power of management. If it be said that the ex officio representatives of tho cities may vote upon a question before the Board the illustration of their helpleaa condition becomes apparent by referring to tneso records, when it has been shown all the business was transferred to a small Committee, the Board itself held but two meetings in two years, at which meetings no uew business was transacted, and that these representatives were at all times in tne minority ana powerless upon any quos. tion adverse to the intorest of the private stockholders.

Evon the underrfcrnod. a bona Me stockholder and a director ln the Company, was unable to see the reo oras or tne executive committee as late as May So clearly do these general facts appear, that whon in August, 1872, opposition was made to the payment of further money by the City of New York, on ac ujuui ui uur HuuHcnpiiou tu tue uriugo iuna, aiayor Hall decided "that the duty of bis department was Bimply to furniBh the money on tho requisitions, and mat tney (tne aiayor ana tue uontroiier. oota ex oflcto directors) had nothing to do with the uses to which the money was put, even if it were thrown into tho river." The Boards of Aldermen. Sunervisors and Educa tion, of Brooklyn, expend but little money for supplies, yet the members of these Boards are rightfully restricted from being Interested in anything furnished to their respective Boards. To complete the bridge within a reasonable time, about two mllllou dollars ought to be expended annually.

Around this vast expenditure of money, principally derived from taxation, there is absolutely no cuard. excentlno that re spect for public opinion folt by, aud the measure of profit deemed satisfactory to, those who may happeu to possess tne power oi placing tuemselves ln control. The Company is under no financial restriction, and is accountable to no authority. It may do it3 business in private: its members mav furnish nnv any part of the suppUoB; it may pay Buoh prices for the Bupplies, labor, superintendence, as it chooses. The Company violated no law iu agreeing to nay fifteen per cent, on its total disbursements in tbe case cited, neither would it have done bo had it paid fifty per oent.

or 100 per cent. There are men in this city who will nay for all the Drivate stock and give one million dollars for tbe privilege of complet ing mo uriugo uuuer tuu existing caarter. The undersigned recommends a conference with citizens outside of this Board as to what manner of changes are desirable, and what further investiga tion ln regard to matters not here reported upon is requisite. The Doonle need the make them realize that when they have expended ten or fifteen million dollars on a bridge, they will have ten or fifteen million dollars worth of bridge, and they will bo reauy to mrnisn tue money. iiespeotruuy submitted, Demas Baukes, Chairman, Brooklyn, December 16, 1872.

Executlve Committee's Report. Tbe undersigned members of the Executive Committee for the poriod during whioh tho affair of tho Company have been under investigation by the Special Committee, deem it proper to present some explanation of matters contained or referred to ln the report of the majority, Messrs. Hewitt and 8ohroedor, and in the minority report of the Hon. DemaB Barnes. When Mr.

Barnes moved the appointment of the Sneclal Committee in July lost, he wan ruminate in constitute it himself, and accordingly named for his associates the two gentlemen before mentioned. There was no wish on our part to prevent tho moat thorough scrutiny into the Company's affairs, which was demanded alike by the publlo and ourselves in oonse quence of the rumors whioh had been olroulated in regard to the management. It was our desire that every facility should bo afforded for a full and complete Investigation, and so far as depended upon us or the officers of the Company, every opportunity has accordingly boon extendod for the purpose. The Committee has been in session for several months, has been put in possession of all the books and nnnprn of tliA flnmnnnv anil RtAnnffva nn.mtt.A.. and has prosecuted its inquirios in all directions il thought proper.

DIFFERENCES IK COMMITTEE. It was perhaps to be expected that an lnreitiiratlnn initiated under such aircumstances aud conducted witn so mucn tnorouguness, into transactions run iwlluii u. M.bu UUU lUYUtriU' the expenditure of three millions of dollars, would show somo matters which would not meet the entire approval of the Committee. The majority, bearing unequivocal testimony to tho proper application of this large amount of money, with the Bingle exception of the aum allowed tho Superintendent for Hia tservlcos, express their disapproval of the practice of Iottingvout contracts without public advertisement, aud of certain purchases as vf'e will show of comparatively inconsiderable amounts fr.m concern in which the Superintendent 1b a stookholder. It Is our purpose to advert to these matters presently in detail, and, we hope, satisfactorily.

The Chairman of the Committee has not thought proper to conour with his associates, but has presented a minority report, in whioh, without exprossly dle Een'iuB from the conclusions of the majority, he has furnished what he calls "a suoclnot reoltatlon of the records of tho Company, whioh would bo moat fair to tho members of the Company as, to tuoBo matterB appearing upon reoord, and woult afford thn publlo an opportunity of forming its own opinions from tbe game soaroeas tbit posiauseil by Reports of the Investigating Committee. WHAT THE MAJORITY, MESSES. HEWITT AND SCHE0EDEB, SAY. Demas Barnes's Minority Review. REPLY OF THE EXECUTIVE COMMITTEE A Thorough Examination of the Company's Affairs.

VINDICATION OF THE MANAGEMENT The Work a Necessity, a Snoeess Thus Far, and Assured Early Completion. Subjoined are the reports of the Investigating Committee of the Bridge Company tho majority report by Controller Schroeder and Mr. Hewitt and the minority report by Mr. Demas Barnes and the Executive Committee's review of the minority's criticisms. The prefixed note from President Murphy explains the delay in the publication of the documents, To tbo Public.

The reports of the majority and minority of the Special Committee to investigate the affairs of the New York Bridge Company, together with the reply of the Executive Committee, are herewith published. There has been some delay in the publication, caused by tho following circumstances On the 16th tho roports of the Speolal Committee were presented to the Board, and after a brief discussion laid on the table for the purpose of enabling tho Executive Committee to examine them, it being at the same time understood that the of the Special Committee were at liberty to amend their reports in any manner they thought proper. The Board then adjourned for one week. On the reassombling of the Board on the 23d the President; stated that tho Executive Committee requested time to prepare explanations of tho matters contained in those roports, and a further adjournment was accordingly bad until tho 3d Inst. On that day, Friday last, the Exooutire Committee presented their reply, when the Chairman of tho Special Committee expressed an intention to amend his report, in pursuance of the understanding, before it was finally submitted.

His report was accordingly referred back to him for that purpose, and the communication of the Executive Committee was at the same time referred to the President to alter it, if it became necessary, in consequence of any amendments of his report by tho Chairman. These papers being now in the form agreeable to their respective signers, are by the direction of the Board printed together. Hen. O. MuEPur, President, Brooklyn, January 6, 1873.

Messrs. Hewitt's aud. ScUrocdcr's Reports. To the Directors of the A'etn York Bridge Company The undersigned understand that the obieot aimed at in the appointment of a committee of your Board to investigate the past history and management of the company, was to ascertain wnotner tno direction as now constituted is entitled to the confidence of the public, and whether to insure the early completion of the bridge, now aamittea to oe an tnaispensaoie necessity, any additional safeguards can be thrown around the expenditure of the publlo money. The Company, as at present organized, has a sub scribed capital of $5,000,000, of which tho City of iJroowyn Dolus the ui(y of New xors ana private The cities have no vote at the eleotion of directors.

but are represented in the Board by six ex officio mem uere out oi a total nnmocr ox twenty one airoctors, THE DIRECTORS. The majority of Directors, elected by the private stockholders, thus have the control of the expenditure of the publio money, subject, of oourse, to the right or tho ex officio members of the Board, representing the iwu uiues to paraoijpaio in can fllsrinssions, ana to voce upon the resolutions ofTerod. Such an arrangement wuuio, mi zue isue ul it, appear to oe eulinouuy wise, and wel'. calculated to protect the publlo interests, because the expenditure of the public money could only go ou part passu with the expenditure ot the money uy me uireciurs tuomseives. Your Committee therefore direoted their attention first of all to the provision which had been made by tne jjireciors lor tao management oi ino wors.

ana ox the expenditures thereon. An examination of the records shows that ud to Juno 1, 1872, the Board held nine meetings, and at an early date, to wit, September 10, 1869, they tue uusiness oi tue uompany to an executive committee, who, in fact, mado all the arrangements for the undertaking, and absolutely controlled tho business of tne company. On the 14th of October, 1889, the Executive Com mittee appointed Wm. C. Klngsley General Superin wuuoui, to aui uuuer tue aireotion or tne Committee, but his compensation does not appear to have beon fixed until the fifth of July, 1870, when the following resolution appears upon the minutes of tho Executive Committee.

Resolved, That five per centum on the amount of tne expenditures oi tne loundatlon of the towers of tne linage up to high water mark, moulding the payment for land, be paid to Wm. C. KinizalBv. the Gen. eral Superintendent, for his services and advances nn behalf of the Company up to tho completion of Buch luuuuawujia.

KINOSLEl'S ADVANCES. On examination your Committee have ascertained that whatever advances iu money had been made by Mr. Klngsley have been ully repaid in money, so that the compensation drawn by him was in fact for services rendered and not for advanoes. On the first of January. 1871.

thero had boon paid to Mr. Xinralev. un der this resolution, the sum of amount large ly in excess ut tue sum wnicn naa at tuat time been paid by au the privato stockholders, on account of the stock held by thorn. At that time, the expenditures on the Bridge amounted to 11.179.531.40. on whioli five per centum would amount to $58.078.07 showing an nn rltA IQtf, rr VmumUii TV resolution la found upon the minutes of the Executive uoromittee "Resolved.

That the claim of Wm'C. Kincrslev. under resolution oi jury ibju, oe, aua tue same is, nereby liquidated with bis consent, at an amount not exceeding $125,000 in full. Including his Servians until the completion of tho foundation of the towers to high water luara." MONEY REFUNDED. On the 30th of November.

1871. Mr. Klnualov uu. iu, uuucu Ml. WU1UU HO UU UtUWUlQ excess of $125,000, thus authorized as his compensation, and no further amount has since been paid to 111UJ.

The explanation 0 this transaction annua in hn an luuuwa; mr. xuugaioy was tne moving spirit in preparing the public mind for the great project of connecting New York and Brooklyn by means of a suspension bridge. He seems to have advanced tlin means required lor the preliminary expenses, and to secure the necessary legislation. wnen tne oooks oc subscription to the capital Btocs were opened, he became the largest subscriber, and appears to have represented, as he still does by proxy, a majority in amount of the other private stockholders. Your Committee do not know how far, in reality, Mr.

Klngsley was interested in any stock beside that which appears in his name, hut the inference is IrH elstible that hlB relations to it were such as to give him a controlling power in the organization of the Board, ivuuuduuo ui ruiuu tie appears to nave possessed. The payment of money to him. bevond the amount to which he was entitled, under the resolution of tho Executive Committee, could not. however, be exolalnnil on any hypothesis consistent with the proper discharge uy tuo directors 01 taeir auties to tne puuno, as the Trustees of its funds, and hence an explanation has been sought upon this head, and is given as fellows COMPENSATION. TVin 10Ht I r.

v. 'Jj xaiu, iu reality neu the compensatloa of Mr. Klngsley at fifteen per centum on tho expenditures, instead of five per but when at a subsequent date, it was found how large the compensation would be, the rate was reduced to five per centum, with tho concurrence of Mr. KingBley, and an erasure made in the minute book to make the original resolution correspond to this change. Meanwhile Mr.

KinBslov hnd nnluallv A penBation at tho rate of fifteen per and finally when the amount was liquidated at $125,000, refunded tue cjLUcnq UI VfQlGll lie naa bo tuawn. Mr. Kinaslev is a director in thn finm still the Superintendent without nnv understanding nn to his compensation for services rendered and to be rendered, since the completion of the foundation of towers to high water mark. Tho Executive Committee, however, has the matter under consideration, and is expected to report shortly. ThiBBimpioBtatement of facts will suffice to show that a mere partnership between tho publio and private individuals who have the expenditure of the money, is not of itself sufficient to proteot the public Interests.

AMENDMENT TO OHABTEB SUGGESTED. Your eommlttee are. thecefore. of onlnion that soma amendment to the oharter is necessary in order to protect the publio interests, and they oan see no reason why at the election of Direotors the stock bolong ing'to the Cities of New York and Brooklyn should not be entitled to representation in the same manner as other stock. In no other way oan tho expenditure of the publio money be taken from the practical oontrol of a Bingle Individual, when, as appears now to be the case, he happens to own or represent a majority of the private stock.

Such a control la dangerous, imnolltio. averse to all sound business principles, and alien to the Bplrlt of our institutions. The only point is to provide eome convenient aad proper mode by which tho rote upon the stock held by the two oities shall be cast, and your Committee after careful consideration, would recommend that application be made to the Legislature for an amendment to the charter, providing for tho annolntment by the Governor and Senate in the usual way of three Commissioners, whoso duty it shall be, until the completion of tho Bridge, to select a Board of Dlreotors to do oomposea 01 stooKuoiaers, aua eucn otnor persons as to them shall eeem deBirable, so as to represent numerically ln the Board the publio and private stockholders in proportion to their respective interests, as nearly as may be practicable. FEW IUBEGULABITIE8. Tour Committee, ln the performance of the duty confided to them, havo carefully lnqnlred into all the financial and business transactions of the Company, and have acoamlated a mass of details with whioh it is not deemed necessary to encumber this report.

A few apparent irregularities exist in the reeords, but these have been fully and satisfactorily explained by the officers of the Company, and your Committee feel justified in reporting that they have not been able to discover any case in which a misapplication of money has been made, unless the expenditure of $125,000 for salary of Superintendent should be so regarded. The pricea paid for material appear to havo been reasonable, although suoh public competition was not in all oases Srorlded for as is customary in enterprises where pub moneys are disbursed, and in many fnstauoes purchases have been made from one ooncern in whioh the Oenoral Superintendent has had a pecuniary interest, although they do not soe that the Company haB actually suffered thereby. Your Committee beliero, however, that this praotlco ie objectionable, and tost no purchase should ever be without observation. Ho thus comments upon tno subjecr, and wo givo hit remarks entire "In receiving tho $175,000 on account of the $1,179, 521.40, expenditures January 1, 1871, Mr. Klngsley hod only drawn what the arrangement entitled him to draw, which was fifteen percent, instead of five.

The nord and figures fllteen (I5 have been erased on the original entry and flvo (5) inperted. Ab to when this was dune, in April last the Committee of Fifty say, We judgo it waB near tbe time whn we commenced our examiuatiou, as the books then showed (December 9) $175,000. We are confident that the latter amount ($125,000) was not named in our first Ttiii change of tcrm3 with tho Superintendent must have relinquished 15 per cent, profit on a large Bum vet to be expended. The right to make or extend this arrangoment or any otherarrangement exists in the charter. There are as good reoaone for makiug it now as exiBtod then.

Paying in 10 per cent, in instalments on $100,000 or J500.000 of stock, and drawing out 15 per cent on several millions of expenditure does not involve financial risk. What tho two citie. i saved by thia surrendered privilege some ono lost in prospective profit. If Mr. Kiogaloy alone was interested in it then to him alone is due the credit of rising superior to an imperfect law, aud of refusing to put money in his pocket which hod been generously placed at his disposal." The meaning of this commentary is plain.

It Is a charge that the Committee was intereatftd in the per centage to bo paid Mr. Kingsley, and contemplated a continuanco of the compensation at the Bomo rate with the samo object. Now thiB charge, or insinuation, which we individually, each for himself, pronounce unqualifiedly false, is completely rebutted by the facts appearing by Mb cwuroport, that while the Executive Committee clothed ut the timo of the adoption of the raso 1 the compensatioi i. 'Mstruction of the i(v cui i uld with a i l. fngo to tht ros' ol tb, it.

they i Tr ii) li 1 it ut, the jur I th. 'o atie re i'r" 'o fl i IL 1. '1 win I dollars ia I 'vin it. in intlllj 'ui iiiiTi i pother i ci on tl ibiii to uil; riouipensati jiinj ul i bo proper Ttjuinonu uoxt takes Ui Hen. t'ot'owing, he Bays, are i of asking for of tht JSnperiutoiulei.t i tthurr, 8ou Co.

were the sv. sL i i (yellow) pine limber. Who else bid or had an opprr.tiiu'; not stated. The amount aud pri Mr. Barnes quotes tho miuu' in 1 ps.

He does not take tho trouble or i 'r look into tho bids ou file, whon the i i inform him that there were bill tbem forth, and we will here re a. m. jitw. tuo item is a large and importaut oi, 1869, October 27 Bids were received fur yellcw pine timber for the Brooklyn caisson, from Wilder, Son New York, at $31.50 par m. T.

M. Mayhew New York, at $31.50 per m. Holyofce Murrav, New York, ut $33.75 per in. Awarded to Wilder Sou Co. Amount $30,033,53." So much for thia case.

The Chairman gives three othor cases lllustrating.ac cording to his views, the manuor of asking for bids and procuring supplies. They are ail with the New York aud Brooklyn Saw Mill and Lumber Company, and have beeu already hereinbefore explained by us. It is unnecessary, therefore, to repeat what we havo sahlliu relation to them. T11EA9UBER AMMERMAN. Mr.

Barnes further says in his report, bills are frequently pid upon tho certification of ona name, and among them bills of material, in tho salo of which tha purchusiiif; agent mid members of th Oomoauy are said to bo iuterested. The Bridge Company has p3id the New York and Brooklyn Saw Mill Cinipauy aud its Treasurer, A. aoiowtmia, $143,403.31. At other times two uainos to the receipt of material, which is as it always should be." This is a curious jumble of error aud misrepresentation. No such amount of money as he 7 1,, 'iWmi," Cmi'' Usurer Wo KlYeii tun accauut ot au me, transactions with that Company, showing thero has beau paid it and its Treasurer: For timber and lumber SI r'orscowa built under comueticiuii Slaking in nil iiJiUTt Mr, Barnea more than doubles tha amount, and this he evidently does by adding the sum of $94,122.53 paid to Ammerman, not as Treasurer or for the Oompany, but iu hit individual capacity as the agent of some Southern mill owners, as we havo before mentioned.

The timber was bought under competition, and at a dollar and a half a thou sand less than any timber furnished under any other contracts made by the Company. There is not a scintilla of proof that the Saw Mill Company had the least interest in the purchase. On the contrary the bids and papers show that it was mado by Mr. Ammerman alono. The unfairness of the Btatement we have quoted cannot be passed unnoticed.

He says thatmembers of the (Bridge) Company are Baid to be interested in thosalcs for which the unduly certified bills ore passed. Ho of course means Bome other person or persons beside the Superintendent, but whom he does not designate. As we only of all tho members of tho Board aro rosponBiblo for the3o purchases, we are compelled, oaoh for himself, to deny all interest at any time la this or any other Company, or with any party from whom the Bridgo Company has in id any purchase whatever. But tho misrepresentation in this statement nf th manner in which bills aro p3id is most itniuat of all. He says mi's arc frequently paid upon the certification of ono name, among thorn bill3 of material in the sal a of which the purchasiug age nt and members of tho Company ore said to iuterested.

Hi does not say what bills tbe purchasing agent and members were thus interested iu, but he means the bills of the New York and Brooklyn Saw and Lumber Company. He adds "At other times two nimea rertifv," Bceiins to convoy the impression that this is not the uniform rule. Now tbe fact is that, after June, 1S70 moro than two yearn prior to his iuvestiga'iou and including tho great mass uf expenditure are not a dozen bills, iu more than a thousand involving an expenditure of noarly threo millions of dollars, which have beon paid without first having been certified to be correct by tbe Cflief Engineer or one of his assistants, or by some other proper ollicer iu addition to the Superintendent, and the Bame is true of tho bids before that time, though comparatively few in number. All tho bills paid to the Sow Mill Company or Mr. Ammeruiaii, whether as treasurer or otherwise, were certified hy both the Engineer and Superintendent, except for two of the scows, of which the contract was fixed at $1,800, which the Com niitteo had before thorn, and therefore could determine the amount fur themselves, and one bill of lumber in April 18, 1S71, for i5.5fi, which was cut down by tho Superiuteudont to that sum from for which it was rendered.

Iu uo case whatever were bills paid without being examined aud passed upon by the Executive Committee. Another statement is mode far the mimosa of draw ing from it a conclusion most unfavorable to the Committee. Mr. Barnes says Devine Burtis, builds two coffer dams at the Bame time, one Is bid upon aud contracted for at $2,000 for the other $6,000 is paid turnout dius or contract." COFFER DAMS. Tho facta iu rotation to the coffer dams, wbieli ho did not think proper to investigate, aro these On th 5th of June, 1871, proposals were received for build inga coffer dam sixteen feet high upon tho twelfth course of timber on tho New York caisson, as follows Webb A Rell $2,350 D.

Burtis, Jr s.ooo The contract was awarded to tha latter. Subsequently, whon the caisson admitted of it, the Chief Engineer made another contract, with the same nartv. inasmuch as he was thm actually engaged on the work, to continUH the coffer dam to a point four feet above high water, or forty four additional foet at terms which he recommended as very favorable to tho Company, and the Committee accordingly approved thorn Mr. Barnes refers to certain irregularities in the books of the Company. Iu one place he says, by reference to tho books it appears that tho amount paid Mr.

Kingsloy was first placed to a commission account, then erased on the Iclger and charered to a snecial ex pense account, and more recently transferred to construction account." ThlB i not entirely correct. Tho real facta are that the bookkeeper charged ouly tho first payment to Mr. King. loy to commission account. This ho did on his ocva responsibility, but when it became known to the President, he was directed by that officer to charge it to a special expense account, for the reason that it was not a commission, and subsequently, orterall payments had ceased to him, aud the account was closed, to put it to construction, as the moat proper place, where it now is.

Auother case to which he rjfers is thus stated by him: "A'he following credits are given for money received, April 12. 1870. five parties Tho amount did not reach the bank until Juue one check was deposited instead of five. of the drawer of the check deposited has i 1 andtheword "check" substituted. Ti? cumstances, erasures, occur several act oi any sucu circumstance exist known to us until disclosed iu the coir.

vestigation. Tho explanation furniahe keeper is this: that the checks deposited Kmgsley and Koeney for installmeu .1 that he inide tho chause at the reaiio Mr ley. Tao checks were all duly paid ena which was delayed by the treasurer oi. i ary accommodation to the drawers U' Ii ot wanted. Wohavonow finished our ters contained in tho report of Mr.

a beeu long, it ia because, we were unwil i material charge or insinuation in th swt red. In ronolusion we may be pardoned for ourselves. We have glwu our best of our ability, for over three ye, this responsible position without re 'i of reward beyond the credit of 'v in securiug on unbrofien h'ghway great cities and uniting tllem moro cioseij mon destiny. Wo have performed tho duty so uj. the work, now towering above the habitations of our citizens, has been constructed, uuler the i.idauce of our accomplished Engineer and his Uim uted father and predecessor, and witti the assistance of the Board, to a poiut where.

Its success is nlaeed bevond all Question, and cheal'er, iu the oniu ionof able and competent judges, tuan any work ab sorbing tho same nrinunt ol materials aua laoor in this country for tho last ten years. We may have made mistakes, but they have beeu iu behalf of the enterprise; wa havo thought at least that we were doing all for tho best, daring made this statement for tho purpose of orepatiug whioh, we have asked a few days delay of tho UoarJ, we loave the subject in their hands. S. L. Hdstkd, J.

8. T. Stranahan, H. W. Suooum, Hknkx C.

Mcurnv. December 31, 1872. POINTS FOR POPULAR PREACHERS. To rfie Eriifor of the Brooklyn Raffle: Men are found who come forth tinder the guise of Ministers of Christ, with the prefix ot "Rev." or Dr." to their name, walking iu ou tho day of tho Lord to the platform or pulpit, with a conutenanco upon them meek as a saint. How calm and cool on equi Jibiium they mointoin during the first part of tho programme uutiUheir text comes forth, and then, in a few minutes, they get so inspired with what they define as tho zealot the Lord, that they find themselves utterly unoble to explain the word of God without introducing politics, parlor chit chat, displaying their power of wit and humor iu similes far beneath contempt in the sauctuary of the Lord.

Others holding anathemas forth ln full blast, endeavor also to Bhow taOjVroflctoncy they have acquired iu the physi oal powera, At a certain point a few specimens of contortions of countenance are displayod, along with good sample of a wailing voice. So oomplete ths scene that tears involuntarily are drawn forth from the eyes cf their hearor, or rather seers. we find such charming fantastical gesticulations of tbe limbs (such oa no circus down could rival), dls plaved with such effect that feelings cannot be controlled, aud the audience are compelled to burst forth in raptures of applause. Such men as these I look upon as incompetent to define original sin, and far lew qualified to preach Christ crucified. Otherwise I must look npon tbem as hypocrites, and If this is to be taken as a sample of the manner ln which we aro called upon to serve the Lord, then I consider the time has come for us to bury our heads in sackcloth asd.

aeb.es for seven years to oome. Uioie, AND U. SAW MILL AND LUMBEB CO. HI diy Jfty, 1872, tho total amount paid v.rk jiul lirm'Hyn Saw Mill aud Lumber 'nipau was fm timber and lumber, of hi. ilK rt p.

a tfV, 1 1., hlc 'l in, as follows: In Noveiiil." r. Ibi' bidn wre fked 'i aud received irom th" fillu.viui parties for fumiihiiix about 43, ODD fi ftt or v.hit. pin aud 2,100 of ''Mith Brooklyn Saw Mi" j.i.i:; my, white ino i South Brooklv iaw Mil! uir, no bid for M' ii York ami Brooklyn Saw Mill 'and Lumber oo ir.uiy. white pine tttt per Nuw Yoskand Brooklyn iw Mil: Lumber Company, spruco por Tho ooi.traiit wai awarded to the New York aiK! Haw I'amI ind IUmber Company, who fut nished 47,060 feet while i n.i r.t $46 20,214 foot spruoe u' 8 In June, 1871, bids i Hiked for and received from thefollowing parties for about pieces ot whlto pine sheet piling fifty feci 1 r.iHi i it thick. J.

BIgler and Company (Newtiu 4 jr New York and Brooklyn Saw Mill and pany per less 2 per cent. Eagle Saw GreenpDint), bid osked, none received. The was awarded to the New York and Brooklyn Saw and Lumber Company, at $37, le3S 2 per fli furuished 159,712 feet at $37. loss 3 per cent $5,809.30 Amount brought 8,672.5 In September, 1871, bids were asked far and received from the following parties for furnlBhing plank Bix inches thiok for coffer dam J. W.

Smith (Eagle Saw Mill Company), Greenpoint, $i0 per M. Now York end Brooklyn Saw and Lumber Company, $10, less 2 per cont. The contract waa awarded to the Now York and Brooklyn Saw Mill and Lumber Company, at $40, lees per cent, who delivered 313,680 feet at 810 less 3 per oent. $9,513.06 Total $18,195 The balance of tho first mentioned sum of $34,010.81 amounting to $16,491.23, was paid upon requisitions of the engineers in Bmall orders (219 in nVjibor) running through a period ot over two yoar' tu.6 lumber thus roquircd was sawed timber of apeoial dimensions for particular purposes, aud Tas called for as the emergency required. This mlllni resorted to because it was tho one nea eet tho work In n0 ca3e d(a tho order proceed fro Mr, Kingsley.

800W8. In additip.u to tho above mentioned lumber the same Comps.ny furnished six scows under competition, as follovrs; In January, 1870. the following bids were received lor building four (4) or two (2) scows, 75 foet long, 25 fcot wide and 8 feel three inches deep Burtls, $4,500 each; Jno. W. Flaherty, oach; Jas.

G. Stridbeok, $3,000 each; Jaa. G. Stridbeck, partly of white pine, $3,750 oach; Webb Boll, $4,350 each; Webb Bell, yellow pine, $4,100 oach; Now York and Brooklyn Sawmill and Lumbar $3,600. The contract was awarded to the New York and Brooklyn Saw Mill and Lumber who delivered two scows for $7,000.

In March, 1870, the following bids were received for building two (2) scows 85 feet long, 25 feet wide, and 0 feet 9 inches deep, being ten feet longer and six inches deeper than the first two. A. Ammerman, Treasurer, $4,100 each; G. H. Ferris, $4,800 each.

The contract was awarded to A Ammerman, Treasurer, who delivered two (2) aoowa for $3,800. In August, 1871, three bids were received for building two (2) scows 85 feet long, 25 feet wide, feet 9 inches deep, as follows: A. Ammerman, Treasurer, $4,400 oach; Divine Burtis, $4,750 eaoh; Laurence Foulks, $1,600 each. The'contract was awarded to A. Ammerman, Treasurer, who delivered two (2) scows for $8,800.

These embrace all the transactions of tho Company with the New York and Brooklyn Saw Mill aud Lumber or Mr. Ammerman as its Treasurer. PURCHASES BY THE SUPERINTENDENT. The impropriety of the Superintendent makiug purchases from himself, none will dispute, but it is evident from this Btatement of the case that Mr. Hingsley is" responsible for the purchases made on competition.

The bids for this lumber were asked from all tho saw mills in 's city, who could furnish it, and were presented to ii committee. wulZu found thoBO of the New York and Brooklyn Saw Mill and Lumber Company in these oases most favorable to tho Bridgo Company, ond themselves decided the question. They would hardly have beeu justified, under the circumstances, of inviting these different mills to propose, in giving the contracts to a higher bidder. These constitute the larger part of the amount purchased of this Company. Tho other portion, purchased without competition, to fill up over two hundred different requisitions, was bought of this Saw Mill Company by the purchasing agent, Mr.

Prentico, and, before he undertook tho duty, by or under tho direction of Mr. Martin, Assistant Engineer, because this Mill wos nearest to the property and as a matter of convenience. Tho prices paid Vicre those which the market fixed, and, as the Cominitteo bay, reasonable. Such are tho facta as we understand them to be, and whatevor 'opinion may be formed as to the practice in this instance, the Company certainly suffered no wrong. Wo proceed now to the statements of the MINORITY REPORT.

After remarking that it is proposed to bring his ex utuiuowuu uuvyu tu me puousnea statement of tho Company of June, 1873, Mr. Barnes proceeds to give hla "recitation" of the rocords of the Bridge wuijuuj uuu, arriving at tue annual meeting of the Board, held on the 15th of June, 1870, the first meeting uoiu unci tue vouimittee naa oeen directed by tbe Board to proceod with tho foundation of the Brooklyn tower, which direction wns iven In Snnlnm bor previous, states, in reference to that meeting.more proceed with the building of the bridge to Its completion. He omits to state entirely that the report of the Executivo Committee, showing tho progress of the work to that date, was read, approved aud ordered on file." This omission to give this part of tho record is only important because he subsequently Bays that the Executive Committee mado no report of its proceedings at any time. So in regard to tho proceedings of tho annual meeting of the next year (1871), in giving tho record of them, lie says, the Exeoutive Committee made no statement of its year's business, although it is recorded as making a verbal report," underscoring verbal, and then adding a section of tho by lows as follows "Bee. 2, Art.

9 of the by laws says, 'the Exeoutive Committee shall keep a record of all its precoedings, which reoord Bhall be read at the next ensuing meeting of tbe Board, the intention evidently being, in bringing in here this section of the by laws, to convey the idea that the reoord of the proceedings of the Executive Committee wa3 withheld at that meeting. ThiB is one of the instances iu which Mr. Barnes falsifies the record by suppressing essential parts of it, whioh is mado obvious when tho wholo niinuto containing the record of the Choir man's making a verbal report ia given. Tho full minute is as follows "Mr. Husted, Chairman of tho Executivo Committee, made a verbal report of the proceedings of the Executivo Committee durinu the past year and submitted the minutes of said Committee, to June 1, to the Board, which were approved." Mr.

Barnes, at tbe Bame time, suppressed tbe fact that the minutes of that meeting show that he was a membor of the Board, aud waa thou andthere present quite a material circumstance iu the view in whioh he presents the record neglect or something worse on the part of tho Committee, since it would naturally be asked why be, being present, did not coll for tho reading of tho minutes of tho Corumittoe, and if they wero not read the censure Implied in the statement of their not belug read rests as much upon him as any other member of the Board. On the other hand It was perfectly immaterial whether the Chairman made a verbal or written report, as there is nothing in the bylaws requiring him to do either, so long as he submitted the minutes of the proceedings of the Committee. The Chairman says nothing about the proceedings of the annual meeting ln Juno last, or of tho statement of expenditures in detail by tho Exeoutive Committee presented at that time, but goes on to say "there is no record of any minority motion or debate upon any question." He then gives a list of private stockholders, not as it was originally or as it is now, nor does ho say at what time. It was probably as it existed shortly after Mr. Kingsley transferred some stook to him, by which he became eligible and waa elected a Dirootor.

He passes on to speak of the Finance Coui niittco and tho Executivo Committee. Ia relation to the former, he says it has nevor held a meeting or made a report, although he was for two years a member of the Commlttoe himself, and on three sevoral occasions roquested tho CUolrmau to oall the Commlttoe together, which the Oaairman of that Committee emphatically denies. But that Committee can take care of itself. THE EXECUTIVE COMMITTEE. Mr.

Barnos then speaks of the Exeoutive Committee in the following terms "Under the resolution of the Board above cited (meauiug the resolutions iu relation to proceeding with tho foundation of tho Brooklyn tower, and to tho construction of the bridge to its completion) tho business of the Conipany was absorbed by the Executive Committee in every department. It had appointed all the agents excepting tho Chief Enalneor. purcAased all the land all the supplies, audited its own bills, appointed its own attorney, fixed compensations and not roported the sum (same) to the Board." To thhi charge, except the last clause of ft, we must plead guilty. Tho Board, for reasons satisfactory to itself, committed the construction of the bridge to this Committee. This step was customary and proper, so far as devolving the duty upon a committee of the body.

We, of course, do not speak of oursolve personally. It is tho course taken in moat all corporations having large works to construct. There remains a controlling authority in tho Board and tho power oonforred is rovocable by it at any time. The power to proceed with the construction of tho bridge thus conferred carried with it neoessarily for tho timo being thB right and duty to omploy all propor agencies, and to purchase all the necessary property and supplies whioh were required for the structure, to see that the bills for them wero propor beforo they wore paid, and to fix the compensation of the person employed, so far as these matters wero not otherwise regulated by the by laws of the Company. In regard to reporting them they wero all reportod or submitted at the several annual meetings, and finally were all, for the whole period, suomitcea at tne last annual meeting ana printed.

Mr. Barnes goes on to Btate what waa Mr. Kingsley's relation to the Company, in order obviouslv to show that he had everything hla own way saying, that being confirmed In the position of Superintendent no restriction appears limiting his discretion, and that thore was no act or recommendation of his whioh has not the uncrualifi.ed approval of the CommiUoe. We answer, it was not neoe83arv that thorn should hn a general regulation restricting hlB discretion, because there was no general discretion given him, and becauso in all special oases where any discretion was given him it was limited ln the resolution referring the matter to him. That there was no act or recommendation of his tvhlnh harl not tho unqualified approval of the Committee oan only be truo of those acts which were adopted.

What and how many were not adopted and therefore not approved by the committee the minutes necessarily do not show, and thoohalrmau oannot know. He Bays, moreover, "that there was no regulation ou record as to how competing Interests are soourod for the benefit of the company iu procuring material, or why two, three or five persons only are selected to price material, when bids are HBked for who is to opon them, and that no part of tbe material had boen advertised for down to the date ot this report" The answer to this as to the other complaint is that no such regulation wsb necessary. Evory order asking for bids was Itself a regulation for that cose to be aporovod by the committee. The committee, as already explainod. exercised the usual powers of private corporations and satisfied themselves.

Tbe manner In whioh it was iu fact done will now be shown. The recital will ha tedious but it will be satisfactory and instructive and will servo to repel tho idea of improper management in the purchases of the real estate and materials used iu the bridge, which tt la evidently tha intention of thsss statements to convey, but which (he writer has not ventured distinctly to assert. Wo proceed, therefore, first to the matter of the real estate. BEU ESTATE. There have been purchased for the company five pieces of land in all, which were bought in the following manner: 1.

Lands in Brooklyn owned by the Oityof New York and undfer lease to the Union Ferry Company, aud ocouptSlbji.t'for ferry purposes, inoludlug part of the north pier and land adjoining its third slip. For the purpose of arriving at the value of thia land, this committee called to their Bid Messrs. John I. Studwell and Silas Ludlatn, Esquires', of this oity; and the oity of New York appointed Messrs. John T.

Aguaw and Wilson of that tue Koaruana impose samo laoor upon ourselves. It 1b not ourpurposo in thia Btatement to exinvM auv .1 1 r. opinion upon the recommendations of the iu referouce to cuange of the oharterof the dmi any. Of tho propriety of thoae changes overy one wiU juila for himself. Our objeat ia merely to explain ouv action.

We proceed, thorefore, first to the tion of THE MAJOBOT BEPOBT. The following passage embraces tho material poutti in that report. "Your Committee havo carefully inquired into all the financial aud business transactions of the Company, and have accumulated a mass of details wilh which it 1b not deemed necessary to encumber this report. A few apparent irregularities exist in tho records but these have been fully and satisfactorily explained by the officers of the Company and your imraittee feel justified iu reporting that they have not beeu able to discover any case in whioh a of money has been made, unless the expenditure of $123,000, for salary of Superinteudaut should bo so regarded. The price paid for material appears to have bean reasonable, although such public competition wa3 not in all cases provided for, as is customary in enterprises where publio moneys are disbursed, and in many instances purchases have been made from one concern, in which the Gonoral Superintendent ha had a pecuniary interest, although they do not see that tho Cum pany has actually suffered thereby." Of the matters hore referred to, the flMt ona requiring explanation is tbe compensation of Mr.

Klumloy. the Superintendent. This was fixed uuder tho following circumstances. The project of building abridge across tho East Rivor, although for many years the subject of more "or 1033 publio discu ision, waB not seriously taken up until about six or seven years ago, when Colonel Adams, through the instrumentality of Mr. Kiugeloy, projected a plan for a suspension bridge.

throush the same means, the late John A. Roebling, submitted another plan, which was the one finally adopted. HISTORY OP THE ENTEBPBI8B. The different steps taken in order to accomplish tho object the passage of au act of the Legislature in 18G7, organizing this Company and authorizing the construction of the Bridge, and of a law of Congress legalizing it on tho part of tho Federal Government, the investigation as to its interference with commerce by the Coaimisslouera appointed by the Topographical Buroau of the War Department, and tho subscriptions to tho Btook depended upon the personal attou tion of somo one or moro individuals. This was, in fact, mainly given by Mr.

Kingsley, although othors were Dot wanting in their efforts to the Batne ends. After tho two cities had made their BUbBorlption, and all the stock that could be obtained, either by piibll" advertisement or private solicitation, was there was still a balance untakon. q.no jm 0J which Mr. Kingsley was a mado up tho de i1SyliamQuntlnB to on uundred and fifty thou Bana dollaiB. It is, therefore, not too much to say, ana Justice to a parties concerned demands that we should state, that without the active exortions of Mr.

KingsJy in urging the project forward, and tn personal obligations hn assumed in rlll ing up the subscription to tho stock, the Bridge would not have been undertaken, at tho timo it was, if at all. It is, no doubt, truo that Mr. Kingsley, in connecting himself with this great work, looked to Bomo pecuniary advantage. It is hardly to bo supposed that any one would epeud bo much time and labor and incur such pecuniary liability as ho has done without some expectation of remuneration. He waB by ocoupation a contractor, and naturally looked forward to his oonneotion ns such with the enterprise.

He seomod to us to have, indeed, a fair claim for some substantial recognition, such as might requito him for his sorvicos iu this regard without porhaps any legal right to demand it. Beginning the wobk. On tllO 30th Of flentflrr.lier. lfifiy. thn Rnurri nf Tjire.rt tors directed tho Exccutivo Committee to proceed with tue construction or tne foundation of tho Brooklyn tower.

ThiB work could not, in th? opinion of the Engineer, bo done by contract. It was in many respects novel. It had beon the subject of a couucil of seven of the most eminent Civil Englnesrs in the country, who sat for weeks in consultation. The nature of the difficulties lo bo surmounted in sinking a caiSBon of tho unprecedented dimensions of 170 feet by 100 to a dopth from forty to eighty foet below the surface of the wator could not bo foreseen, and moBt disastrous consequences might follow a contract both to the work itself and to the contractor, whoever he might bo, from inadequate pneos or on tho other hand the amount of the contract might be fixed so high in order to save all contingencies as to mako the work coat more than ought to be paid. It was accordingly determined to proceed with it under our own supervision.

It became necessary, therefore, to employ some competent porson, thoroughly acquainted with the execution of largo works in all their details and with the dealers in the materials required, and to see that tha agreements for labor, machinery and materials ordered by the Committee properly made and performed. Tho members of the Committee oould not discharge this duty, which required constant personal attention. The Committee thereforo dotcrmined to employ Kingsley for the purposo, becauso, in their opinion, he was eminently qualified for the plaoe in conBequenoe of hla avocations, and because he had claims to consideration founded upon his exertions in behalf of the enterprise, and he was accordingly appointed on the Uth of October following. THE ARRANGEMENT WITH THE SUPERINTENDENT. The compensation to bo paid him was not fixed at the timo of his appointment for the reason that it was a matter of discussion which was not determined upon as to what basis it should be arranged on.

Mr. KingBley tusk ting upon tho ciroumstancoj of his connection wilh tbo bridge and the money ho had put at to secure ica success, as we have already stated, claimed that he ought to receive such compensation as would equal the profit that he might havo mado if ho had won a contract on a givon portion of tho work. It was statod, and wo so found upon inquiry, that the General Government was then allowing the contractors for furnishing the stone for the now post office in the Oity of Now York, in addition to tho price of the stoud from the quarry in the rough, the full expense of working, drojsing, insuring and boxing the same, increased by fifteen per cent, and we have recently understood such expense on that work has already amounted to over two million dollars, and the por contago thereon to over and that such an allowance is customary and is now mado by tha government in the case of tho Post Ofilce now being built at Boston and of the new State Department at Washington. It wo.8 true the oases were not exactly parallel, inasmuch as the contractors on the New York Post Office also advanced money to pay tho expoasea of the work as it progressed, wnicn Mr. Klngsley would not bo called upon to do; but in tbe former case no risk was run in making advances for tho United States, who were prompt and responsible payers, and no large amount of advances existed at any one time.

That case wa3 pre sentea as a preceaent merely ot tne amount or pront that a oontractor, running no pecuniary risk, might bo expected to make, in which capacity, as we have said Doiore, air. rungsioy tuougnt ne ougnt to be regarded. To this view we finaliv assented, and on the ftth of July. 1870. rasaod tho resolution allowlnu him a tier centage of fifteen per oent.

on the amount of the expenditures on tho foundations of the towers of the brldire un to hifra water mark. including tho payment for land, for his services and uuyiihwjh uu uonaii oi tne uompany up to tne completion of the foundations. It was supposed that it would take eeverol years to complete this part of the wora. in tne successiui accomniisnmnnt or wuioii alone tbe problem of the complete success of the bridgo itself in tho Opinion of itH areat nroiector consisted. and the resolutiou by the torms of limitation of the compensation required his BervlceB for the wholo of mat perioa.

wo win aaa nere that tne foundations were completed on tho 12th of July, 1872, and tha actual time of Mr. Kingsley's superintendence has embraced a period of two years and nine months. How well he has performed his duty we need only to refer to tne majority roporc in wnicn tne energy, success ana cheapnees with which the work has been carried on flro testified to results which oould not have been at tained without his aid. EXPENDITURES. The Committee soon became dissatisflod with tho arrangement, deeming it ill considered, and that they had not fully estimated the amount of the expenditure on the foundations, which was to be the measure of his remuneration.

On tho first of January, 1871, tho total exoenditures on tbe bridge amount ed to $1,119,521.40, beside unliquidated mnu to a targe amount ana no naa receivea on tuo 6th of that month navmeuts which amounted to $1711,000, or fifteen per cent, on the above sum, in ac coruenco wun tne resolution ot tnentuox duly, iths was the last navment made to Mr. Kinasleu on this ac count. The Committee shortly afterward informed Mr. Kingsley that no more payments would be mado to him, and that they wore desirous of changing the resolution. Negotiations were opened with him for that purpose, in the Spring of 1871.

and were not con cluded whon tho annual mooting of tho Direotora took place in Juno of that year. Tho Chairman of the Committee made a verbal report of its proceedings, but made no reference to the arrangoment with Mr. Kings ley, for the reason that the matter wis considered still open and unsettled. In the same month the President, who was ex officio a member of the Cornmitteo. was compelled to leave the city on acoountof his health, anu tno negotiations witn air.

Kangs'ey were, tuoro fore, temporarily suspended. Thev were resumed on his return in tho Fall, and on the 13th of November concluded, whereby his compensation was limited to five per cent, not exceeding in all $125,000. This involved tho return on his port of $50,000, whioh was done and tho resolution of July 6, whioh was oonBldored still under the control of the Committee, was aooordinsrly altered so as to read five instead of fifteen per presenting the discrepancy between the terms of tho resolution as it now stands and the amount fir.it paid Bit. ivingBtey as etatea iu tne report oi tue uomrautee. THE STOCK.

The assent of Mr. KingBley to the chango was given on the condition that he should be relieved of a certain portion of tbo stook of the Company he was carrying, which we agreed to do in our individual oapaotties, with tbe assistance of two other members of the Board, at our request, by purchasing from him and paying him for $130,000 of the stook at its par value, taking the consequences of our act upon ourselves. The only other subject in the Committee's report calling for remark upon our part that in whioh they say: "Ihe price paia tor materials appears to nave been reasonable, although Buoh publio competition was not in all cases provided for as is customary in enterprises where public moneys are disbursed, aud in many instances uurchasen have been made from ouo concern in whioh the Goucral Superintendent has had a pecun iary interest, although they do not see that tne uom pany nas actually eunerea rnereoy. The aotioa adooted by the Executive Committee In rpirari rn thn niirr hoRA nf rnnterlitlfl wis in all practi cable cases to Invito competition, tho same aa ia usual by all private oompanios and by private individuals. If ferry oompany has a boat to build, or a railroad company has a road to equip, or a private porson has a house to erect, they ask bids for the work from suoh oompetlng buiiders and dealers soleoted with a view to their ability and responsibility as they think bs3t for their interest, without deeming it necessary or od visable to mako a publio advertisement for them.

Such was tho course pursued by us, and, as the Cm mitteo bear testimony, the Company ha3 not in a single case suffered thereby. This Company waa ohar tered as a private company, and although the Cities of New York and Brooklyn subscribed to its capital stock, that fact did not change its character. There are scores of railroad oornoratlona in this State to whoBS stock townB and oities have subscribed uuder authority of law, and which retain their private character, we refer to thia fact merely for tho purpose of Bhowlng how. natural, right and proper ln itself it was for tho Executive Committee, in the absence of all legal provisions to the contrary to exeroiso their discretion ln thiB respect in the same manner as other private cor porations. Wo will, in a subsequent part of our stote ment.

show in detail how this duty was in fact par formed, observing now generally that the Superintendent waa instruoted in au proper cases to ask competition and as long as he filled the position he oocupiod he was entitled to and received our confidence in that respect. It was an essentia part of his duty to make tbo necessary inquiries aud ascertain suitable parties from whom to ask proposals, and he has, we think, performed that duty faithfully and well, unless the case which is referred to by the Committee form an exception. REQUISITIONS. In many Instances requisitions were made by the engineering department for materials and supplies in Bmall quantities and or a great variety, for apoaial purposes, and when it was impossible for want of 'unuuy oi new xorK, xuo appraisers agreeon upon i 'i). nnm of $150,000.

It was fouud impossible, hjw the City or Mew York to mako auy arrane atibte with that Bum with the Ferry I w. 1 polled to remove its ferry.whicu could uot be done nita tho dumping ground of tho nov.ii. i leu.nT streets in New York. Anar ra en'Ted into with all the parties by which tbe i.i pay tb.u sum of iu inu: and damages. Those c.nravi i.

vili real estate purchased by tho oi the vestiKotion. Vf pas' no to juibjcct ol the in.r. Lvf of ma ten, it. v. 'i.

stated ui what p.w liavt been purchased, that is, oicb' bj 'iil. nc. iivier Miptiliori or when 'ui. wa? tm i'iV' fo, i by the treasurer or ii'Ket. Wn also stated that in at tho o.npctilion was ceiuailf This wo Qtsitlu regard to STflNK.

1870. Februory v. 1 i vcelved f. tbr. lowing persons, at Xbv o.

1 for the Toe the foundation of IheBn. YO.W LIMESTONE. Ojbic Jd. aarnnol Golddy, Lake Ghamplaiu a Noon tiodden, Kingston Lamed, Disou A Lake Willlum HotfeTtnan, Lake Oharaplain Awarded lo Noon Madden. FOR OBAN1TE.

W. H. Williams, North River, (no Beatly, Dawson Now London 21,. uiuweii, ircumo, mamu K. Nnxell.

Maine "4.00 19.94 Lamed, Dixon A 25.50 J. L. Knox A Boston and Malno Granita Co 2fl.6J Church 4 Taylor 70.00 Awarded to Bodwell. Webator A Co. 1871.

September 7. Bids wore received for limestone for tho foundation of tbe New York tower, as follows Noon 4 $15.00 Rood 4 Morrell 14.W Lake Champlain Co 13.35 Awarded to Lake Cliamplain Company, and a portion to Reed Mcrroll and to Noon Madden, at $14, in consequence of tho inability of the Lake Cham plain Company to furnish all as fast as it was required. 1870, December Bids wore received for the granite for the Brooklyn lower abovo high wator to the roadway of tho Bridge, as follows Faco Stone, Backing. Cape Anu Granite Co nurricono uranito maine J. J.

Flangm and others (7,801) yds.) Pierce A Howe Boston and Maine Uranite Co Bodwell, Webstor 4 yd.) Dawson and Ingersoll, Conn 20.78 15.00 20 00 15.01) 91.00 15.90 21.00 16.00 20.01) 15.1)0 2D.00 16.00 Awarded to Bodwell, Webster Co. These contracts embraoe all tho stone purchased up to the time of the Investigation, except a small lot of granite bought of C. P. Dixou, whioh was left over on building the wall at the Battery, and which was furnished at the same price as wo were paying for limestone, amounting to $611.82. The entire cost of stone for the Bridge being $543, 234.58.

Since that time bids for granite for tho Brooklyn tower abovo tho roadway have been roceivod in pursuance of public advertisement, on the motion of Mr. Hewitt, of the Committoo. We quote them for the purpose of showing that no more proposals were received uuder this system than uuder that previously pursued Face stone. Backing. Bodwell, WebBter 4 Co tjtfl.so $2 J.tJ'j Weatoott ft Son (Maine) 33.00 2d 03 Hurricane Granite Co 3i.4i 21) 35 Cape Ann Granite Co Sfi.OO 2 50 Pierce 4 Bowe 2HVU C.

ii. Simpson, gneiss inatead of granite, bid thrown out by the Engineer on that account. Awarded to Bodwell, Webster Co. We vrUI now show how all the timber was bought. TIMBER AND LUMBEB.

The first lot of timber was bought for the Brooklyn caisson, at the instance of the lata John A. Kanhlinir. the first Engineer of the Bridge, and with the ap proval oi tue president, in oraer to savo a soasou in tno construction, as the timber had to be brought irom ueorgia ana required time for that purpose, Thi.s was before any money had been paid in on ac count of the subscriptions. It waa bought of MeBsrs, a. ui.

jiavuuw at oi rew xorit, oy tne arm in which Mr. Klngsley wo3 a nartner. It was rmrcnasna nnd paid for months before Mr. Kingsley was appoint ed ouperintenuent, a low ngure $11 pern. ft).

When the Company waa in funds tha Committee, took the lumber at the actual 00Bt, amounting, principol nuu imeresi, tu jio.no. In addition to the ouontitv thus furnished Msssm. Mayhew Co. had on hand some of this timber left over, which they offered at tho same price $32 ner tuuusauu icui, uuu it was at prico in January aud February, 1870, upon tho recommenda tion or tno superintendent, it amounted to $14, 588.98. 1809, October 27.

Bids were received for yollow pine timber for the Brooklyn caisson from Wilder Son 4 Ne York 43,151 nor thousand T. Mayhew A Noir Yur 3:1.69 par thousand iuurrj, new ur jj. pit tUOaaanU Awarded to Wddur, Son A amount $80,633.53 SAW MILL AND LUMBER CO. 3870, January 3, to 1872, April 9. Different purchases were made of the New York and Brooklyn Saw Mill and Lumber of which there waB on competition $18,195, and $16,491 bought as beforo explainod in small quantities by Mr.

Proutice, tho Treasurer, also acting as purchasing agent since January 12, 1871, and before that time under tho direction of Mr. Martin, Assistant Engineer. 1870, February 8, to 1872, April 8. Different pu chases or spruce and pine boards were mado of H.N. Conklin, Son Beers, amouutiug ia the whole to $17,463.82, of which all were upontue Engineer's requisitions, aud were purchased in the same manner by Mr.

Prentice or Mr. Martin, as beforo statod, with tao exception of one parcel of whito plao aad spruce, which was the occasion of competition, as follows February, 1870. H. N. Conklin, Sou Beers $30 per white pine and spruce.

A. Ammerman, Treasurer, $50 white pine alone. AwarJed to H. N. Conklin, Son Beers, amounting to $490.17.

Also, one xarcel of spruce, also competed for, as follows 1870, January 13. n. N. Conklin, Son Beers, $25 per Mayhew $25 per M. Awarded to Conklin, Son Beers, amounting to $543.68.

The first of theso two parcels is the cose where Mr. Barnes subsequently says the Superintendent report ed, "I have received bids for white pine timber from two parties, etc one being the Now York and Brook lyn rtawmiu ana jjiimoer uo." naa no looted into tho files he would have found who was the other bidder. He omits to say that the contract was not swarded to the Mill Company. ltfiu, July i to September 12 nr. Jonathan Beers, of New York, furnished a quantity of yellow nine re quired for tbe coissonB of tho same quality and at the Bame price, namely, $31.59 per thousand feet, as that furnished under the contract with Wilder, Sou as above stated, amouutiug to $29,683.97.

This was dono upon the recommendation of the Superintendent as a favorable purchase 1870, Soptomber I). to 1872. Anril 30. ma 1 auanti ticB of hardwoods required for patterns wore bought from George B. Alexander by tho purchasing agents before mentioned, from time to time as wanted, upon the requisition of the Engineer in charge, amounting in all to $500.89.

1870, February 8, to 1872, January 8. storage of tim ber in Erie Basin, $2,513.21, and $212.53 were paid as customary. itm. Marcn u. Treasurer reported that ne naa pur chased from Snow Richardson about 32,000 foet of yellow pine at $27 per thousand, which was approved.

This was bought upon a requisition of the Engineer for dock plank, which could not be bought else where and was wonted immediately. SPRUCE AND OAK. 1871. May 10. Beausitiou for snnMo and oak piles was reforred to Superintendent to obtain bide.

One of tho Assistant Emtineera proceeded to New Jersay to make inquiries whore they could be obtained. The only bid obtainod was that of Phelps Kimplrud, of urooKiyn, wno onerea to iurntsu taera at tue roiiowing prices, which were lower than they could be obtained on inquiry clsewhero tw spruce piiea at na to io loet lony. 500 spruce pilos at $5.75, 40 to 55 foet lou. 100 oak piles at $20, 60 feet long. 75 oak piles at $16, 50 feet long.

This offer was approved by the Committee. The of fer of the Bame parties for about lineal feet white pine hewn square timbor for pier 29 at $22.50 per thousand, was also approved by the Committee. fheips ivimptaua furnished also feet ol white oak at $50 for same work, amounting to $189.88. Whole amount paid them $17,495.68. 1871, July 11.

D. A. Youngs furnished fiGl feet of l' inch whito pino upon requisition, amouutiug to 1872, January 6. Bids wero received for lineal feet spruce timber, of special dimensions, as follows: A. Ammerman, Treasurer $37 por M.

Conklin. Son A Boers 30 por M. Widiam H. Dunn 25 per M. Awarded to William H.

Duuu, amounting to $2,367.0 1. 1870, October 17. Bids wero received for timber for New York Caisson as follows Alsop A Clark $35.00 par M. T. MajhowAo 31.50 per Miller 4 Wd 31.01) per M.

M. A. Wilde' in A Co 30.75 per M. Jonathan B. t.

per M. J. Biglor A 23.91 par James Yount 2 A. Amnieruian 251.90 par M. Awarded to A.

Ammerman. Wholo amount $31, 122.03. This bid waa not made by Mr. Ammerman as Treasurer of the New York and Brooklyn Saw Mill and Lumber Company, as Mr. Barnes states in his report, nor was that concern in any manner interested iult.

It was iafact mado on account of mill owners in Georgia. Tho total amount expended for timber and lumber, of which tho details have been given, is $333,561.10. HOW MATERIALS YfERE PURCHASED. We have now Bhown in what manner and from whom overy yard of stonB and every toot of timbor and lumber has been purchased. These articles constitute tho great mass of materials used.

We havo not thought it necessary to oontinue the analysis into the expenditures for machiuory and supplies, for the reason that tbe charge is confined to materials ouly, and for the further reason that, in showing huw the materials were oblainrd. we have fully illustrated the manner of proceeding in the other cases, in all of which the sumo system was pursued In regard to purchases, that ia, by bidB invited from respectable citizens, or by purchase of Braaller quantities in opeu market by Mr. Prentice or other purchasing agent under the Engiueering Department. It thus appears that the eutire purchases have been nvade uuder the dlreoUuu of the Cotnuutte? that the duty of Mr. Kingsley in regard to the material has been Bimply to see that it was bought, and not to buy it.

As already intimated wo hare deemed it best to make this long recital ot the purchases of materials, for the reason that it would establish to the satisfaction of overy candid mind how utterly impossible it is that a colluBion with tho Superintendent could exist with so many of our best and most reputable dealers. MATERIALS, HOW RECEIVED. Allthe material purchased was delivered to the Engineering Department. This it was the business of the Superintendent to soe done. It was his duty to see that the oontracts and purchases wero fulfilled according to their requirements, iu order that the work might proceed with regularity and dispatoh ond thore it ended.

The material was all received and passed upon by the Chief Engineer and his assistants. Every piece of stone was measured and approved by Assistant Engineer Vanderbosch, formerly of tho Cincinnati Bridgo, under the late John A. Roebling, and appointed by him to this position. Every stick of timber brought from tho South, embraolng all ths large contracts, was Inspected and measured by John and William ArmBtrong, of New York, public inspectors, or when their Bervioes could not be bad, by ether publio inspectors of that oity and all the timber and lumber brought here waB inspected and measured by Assistant Engineer Martin, or nndor his dlreotion. All other materials wero received and examiued by the Engineering Department, and no bill has been paid for them exoept on the certificate ot Mr.

Martin or other BOOK AND JOB PRINTING oy KVEnv uescuipxion, tTHOGRAPHC, KNGRAVINa STEREOTYPING, AND BLANK HOOK MANUFACTURING. BOOKBINDING liOSK IN UVKRY STYLE. MAMMOTH POSTER PRINTING A BROOKLYN DAILY KAGLEJ. AUC'I'lOIMiUKfi. A TJCTION SALE OxV WEDNESDAY, January 8, at lOJd o'clock, tit 141 Gourt St, by T7 W.

LINDSAY, ut made npiuink.ornliuo, squirrel and either furs nst, i Uupe assortment ol dry goods, roull nery, fancy and other Roods, and an assortment of ready niado clothing; also, three Sincu's No. 2 manufacturing machines, iu perttet oniei together with a Tilton 4 Farland iron safe, combination locks, Dealers and tho public respcctniuy inwcu. ja "I COLE, AUCTIONEER, COMatEIUUAL 1 No. Kks PULTON STKKUT, oclO ly Opposite tho City Hail. H.

SEIXAS. AUCTIONEER. WILL sell at aucti TUESDAY EVENING, nt Hi o'clock, a full essortinont of dry goods, such as silks, fihaivlfl and dress goods; also, a full lino of domestlo dry (roods; for a few diiys Itmg' goods cold at private saw all day. 4f mitton si, near llot. WALTliliS.

UHOMAS, ATJO tlonccrs, ltcal Kstato and Insurance Agonts Ttroolrlvn Kulton orjrjosite Oiry Uall Rrioirlm TPtrlienlirnnnulioii naiil to fm nituro and out doorsalos. Brooklyn securities. Stocks and Bonds bought, sold and also, rrestora ftHuniaa Stocks and uonds uotiniitiiMd sola. leio A UCTION SALE. HORSES.

WAGONS AND HARNESS, AT WALDRON 4 COOKE'S LONG 1SL ND HORSK MART, ON WKD.NhSDAY, JANUARY 8, 1873. SALE STABLE 392 and 331 Broadway, Wllllamaburgli WALDRON A COOKE sell as nbovo to the highest bidder lor cash II) HKAD OP HORSES. Comprising goDd, strong workers, good business horsos for rjaaen, oiiicnora ornniK ungnns; goou iiiimr iiurasa, buggies, sleighs, e.Tprsss wagons, harness of all kinds, Ac. Sale com monces nt 11 o'clock. Ton good, comfortable st.

iMs to lot, as above. CSEWING MACHINES OF ALL THE VC5 latest improved snlc cf now machines forBaleftn to rent; rent to be npplied toward purchasiug any machine aoslrea om macnincs luucn in partpaymoni lor nBW opes all makes of machines ropMrod. M. HAMILTON, 100 DBtweon tateana ncnormernorn 8te. au2 ly.

mHE WILSON NEW UNDERFEED SHUTTLE SKWIXC MACHINE has tho best feed, runs lighter, works fast oars better, has hotter attach ments, no cogs, no ncavy cams, gtvea Detter satiaiaction, fsfi nor cent, etieannr Canvassers wanted. Long Island Agoncy, 272 Fulton street. mni ly DOMESTIC SOWING MACHINE COM PANY. BROOKLYN OfPiOB29a FULTON ST THK MOST SlAtiHtKK IM MAllririT. EXCKI.S UN Lit, HT WORK, AND BEATS ALL ON THE HKAVIKST.

aeUlyTuThiS HKNRY BRISTOW, Manager, A ME1UCAN BUTTONHOLE, OVERSEA AND SEWING MACHINE COMPANY Ham noivreadv for their nnwunrl trreattv Im proved Seiring Machines, with or without tho buttonholo parte, yon't tall to Bee tnem netore parcnaBtng elsewnere, N. It We nmtl on raouthlv And: if doklred furnish purchasers wltb first claw work at highest market PllCefl. J'Ong JSJarjtl AKWicy oia rmiun oi, near nnyiuunu, aad Bid Grand st, Williamaburgh, tho best places in the city to got Jadtes uuoerearf reaay miae aua maao io or aor, o. i. manoAiiL, rropriotor.

aplS lySTniTh TROVER HAKKR'S IMPROVKl) ULARTin STITDR AND LOCK STITCH SEWING MACHINES, NKKDLKt), SILK. QOTTON, MACHINE OIL, 40. BROOKLYN OFI'IDE: No. 641 FULTON ST. BUAriCH OFFICE: 208 BROADWAY, E.

D. jal9 ly TERMS OF PAYMENT EASY. HEELER WILSON'S MANUFACTURING COMPANY. SEWING MACHINES. ISronklvn Office.

'IILTON nnoosltn st. THE BUST MACUINK AND THE EASIEST TERMS. loflly HBMtY 1SUTMAN, Agent, LIIIUOIM, JOHN GAVHOE, 22 JOHN VfREET, N. DEALER IN FINE WINF BRANOIKS, GINS. WHISKIES, AND 11 A A A oiualt.

FREK LUNCH AT ALL HOURS. ja7 ImTuThAS CALLVOKN1A WINES AM) BRANDIES FOR THE HOLIDAYS. We beg to announce that OCR STOCK Of tile above wines CANNOT BE EQUALLED By aDy in the city, either for quality or price. ALBO. ALL lORKIGN WINKS In great variety.

T. R. BEACH 4 CO. Grooers, jeJyTuThi.S 450 Fulton St. cor.

Hoyt. I. MG'CLASKY. No. FULTON ST, Third door bo low Henry, Brooklyn.

"WINKS, LIQUORS AND CORDIALS, '1 he rery beat and oldest, IMPOUTED AND DOMKSTIO, WaOLESALKAAND RETAIL. de30tf Established 1850. A WITTY'S CARRIAGE XIl MANUFACTORY AND STABLES, Carriages aoa csiBLcoa lor baiQ, ana to lei oy tne aay or season. Wo nave ine large in ine cut. quality ana stylo ana prices per cent, less man new xonc.

Pony pU do tons a spoofalty. Top buRffios, rookawayu. cuupoa, icioriae, oxiousion ano nan lop ureits, large as eortment of second hand coaches and wagons of all kinds; old catrciaues taken in nxobanso. Also, io lot. tinn Doanhns.

ruau turnouts, ana podibs ana pnaoivons lor maios parit drivfne. n. r. wi pu ic seH lyThSATu NovIub st. cor.

ifuJton ar. PROSPECT PARK SXABL.ES, Junction of FLATBUSH AND ATLANTIC A VS. Elegant carriages, wajions. and boreos, of tho latest eirlea and finish, to let at all hours, at tho lowest paying rates. I'irfit cllLSB bonrrl aud eire for hnrnnn nt rndiieed ntw Special r.rraugemonts madu with gon4leni'U for the wintering of thotr horjes.

mh30 iyl'hSATa JIKANK COKSAA; MANUFACTURERS OK l'INE CARRIAGES. 810toB16 ATLANTIC AVENUE. Opposite Clormont av. mh4 ly TUli HA1K. XJAIK HAIR HAIR SHAW'S PAT JL 1IAIR.

pnail to human hafr: can be combed switches, 50c. uracil hair cheapest iind Ltcoi, in we market; sojia awitcnes, one vara long, ma; Fronch switches, curls, $1 and upward; ladies' own hftlr dressed ovor, 2.ic. latest stylos always on hand. 352 liOWfjrr. bntirm.n Vnnrth Rnr) 3irti.

tmafulM and Sixth nr, batwotin Twenty second indTwenty mu BiJ), tipaisirs, vorit. aosi am Tg ATCHELURS HAIR DYE. This splendid Hair Dyo Is the best In the world tho only moouu pBneot uys narmiess, reuaoie, instantaneous no dlsapDointme'nts: no rldlcnlons tints: rnmndlns thn Hi effects of bad dyes; invigorates and leavos tha hair soft s.ud ueauuiQj, ujoch ana Drown, ooi Xnaers, and properly applied at BATOUELOR'S Wlu Factory, 16 Hond nt, New York. ee4 ly TnThAS ALD HEADS. Can be covered with a piece exactly flttod to the bald spot, bo perfect, aud with work so Ingeniously contrived, as to appear each hair juBt issuing from tho skin the hair being Diak.ii ui luu same siiBue auu tenure as cno growing uajr, they are so perfeot they cannot be demoted.

Made ou ly at BATOMF.LOR'S OKLEBBATED WIG FAOTORY. aet lyTnThAS 16 Bond st. Now York. fflEDICAKi. MKS.

M. C. BROWN, M. WOULD Inform the ladles of Brooklyn that she baa removed from the rosldencoof the late Mrs. Smith, M.

TO 154 LAWRBNCR 8T, near Fulten. whore abe will be happy to see her friend j. Office hours, II to ja7 lat'TuThiS SEVENTY FIVE THOUSAND PERSONS haye gone to Florida to avoid aBthma aud dlfflonlt breathing. One boi of Dr. THOMAS'S THREE MINUTE OXYGEN CURE will keep the lungs open for the eoason.

Now and valuable information given with rome dy. Prioo $2 por box. For sale at all prominent drug surtej deiaim" BUIIALG1A CURED INSTANTLY BY J. CAMPBELL QUINN, M. D.t Nnmerons and high oIosj references.

Offlca boars 12 till 3 P. M. de3 l6tTnTh4S BAUCIS BAAS, PHABMAOIB FBAN OAISE, 123 Falton at, keopi on hand all foreign and estfo proprifitary medioinea; Lubfn's and other Imported perfumery and fancy articles oaxe wines and Jlqnora for medicinal purposes; phyaloians prescriptions ftnd fainlJj'recoiptaii ail languages, carefalj compounded DEY'S CARBOLIC TROCHES. A specialty for SORE THROAT, the Oarbolio Acid, of wbieh the Iroches are, ln part oomposod, acting as ft healing agent, and curing all forms of ulcerated aud inflamed luruoes of the larynx and epiglottis. A specialty for honrsonoBS, tho cleansing power of the Carbolic Acid tending to expl colloctVons and forma tfoDS of mucous mattor, pllogm and restoring a healthy aotlou to the sonsltivo and delicate organa of the throat and windpipe.

A spoclalty agalmt contracting Infeotious dlseaBes. The culiar properties of Garhnllc Aold in proventlog infec pec anil nntnalnrt have ton oeuu Kuown; ana KDtSY' UAKUUJii xrvvjurtr May be safely roiiod on as a provontivo in cases ol small pox, varioloid, etc. A specialty for common colds, coughs, and all disorders of tho throat, cheat and lungs. Price, 25 conts per box. Sold by druggists ovorywhoro.

JOHN F. HENRY, Sole Proprietor, No. 8 College place, New York. myl4 tf TOILET SOAP. XTIGGINS'S CHOICE TOILET SOAP la sold by all druggUU and grocers in the city.

Ono trial arlU oonvluoe any one ot lus superiority. not If JTIr. Demas Barnes' Report. To the Directors and Stockholders of the A'ew York Bridge Company The undersigned moved for a committee to examine into the affairs of the New York Bridgo Company, for the following, among other reasons First That the Bridge is being practically built with publio money, and its Managers are supposed to be accountable to the public. Second That the charter of the Company did not sufficiently protect the public.

Third That the action of the Company had been withheld from the public, and the transactions of its principal committee were unknown to some of the Directors. Fourth That some members of the Company were said to be Interested in furnishing its supplies. Fifth That a petition of an influential body of citizens to the last Legislature for a committee to investigate the affairs of the Company, wai evidently denied them, and Sixth The importance of an early completion of the bridge. The general result of the examination so far as it has extended, seems to be viewed very much alilta by the several members of your Committee. Eitferent opinions existed as to the manner of presenting a report of their labors.

The undersigned SB Chairman, was of the opinion that a succinct recitation of the records of the Company as to those matters appearing upon record, would be most fair to the members of the Company, and would afford the publio the opportunity of forming its own opinion from tho samo Bource as that poaeeaseu by your Committee. The undersigned yielded something bis opinions and submitted substantially the following report, hoping to harmonize the views of his colleagues. Not being entirely successful in this effort, it becomes necessary to present their views separately. J.no undersigned realizes taa the public has' already iuvestea a large amount of monev in his undertaking, and that it must soon bo colled upon for a further sum; that it demands an oxact knowledge of the management of the trust to the present time a statement of the probable cust 01 tue oriage ana 01 tne time required lor its coni ptotlon. Rapid transit in New York, steam communication in New Jersey, and the probable erection at some future time of a less expensive struoture than this brldtre across Blaokwell's Island, cannot be perfected without onanging tne current or population.

Unless we shall rapidly finish this bridge, the lower wards of New York and the Oity of Brooklyn will lose a wealth which can never be regained. Recent occurences in New York have created a caution and a sensitive criticism among our own population which must be wholly satisfied before new are likelv to bo made. These views Imposed a duty upon your Committee of wnicn tne unaersignea nas not Deen unmlnarul. This examination is brought down to June 1872 at wmcu time tne company held its yearly meeting am published its Btatement. The book keeping has been very systematically dono uuaor tue supervision oz jnr.

v. if. The records of the Company am brlnf. Thn nnm. pany was organized May 18, 1887, and arrangements made for preliminary surveys.

At a subsequent mealing Mr. John A. Roebllng was annointod Eniinnnr.ln Chief, his compensation conditional upon the success oi tne enterprise. Third meeting June 12, 1809 By laws were adopted and soundings reported. Fourth meeting July 24, 1869 Held in relation to the ueatu oi nir.

iioeDiing. Fifth meetinor Ausust I8n9 Mr. WonhWtnn A Roobling waB appointed to the position made vacant uuDuoamui am mmer. "rue Jf resident was authorized to audit and pay engineer's bills until a Finance Committee be appointed." Sixth meeting September 10, 1809 The President reported the first expenditures to engineers and for their requisitions a total to date of $9,608.67. From this mo vfum wuu poriormea Dy tne Executive Com umtee, now appoiniea, consisting of S.

L. Husted. J. 8, strsnanan, Wm. M.

Tweed, Hugh Smith, H. W. oiucuni uuu tne i resiuenc, nenry u. Murphy, tin otncio. seventh meoting.Seutembor 30, 1869.

"Jtcsotred.that uauu.xiu vjummuvw iirvueeu to uulia IUB lOUnua tion of the Brooklyn Tower, to three feet above high water mark." Eighth meeting, June IS, 1870. "Resolved, that the Executive Committee proceed with tho building of No meeting occurred for one VRr lUntn meeting. June, 1871. The President reported the to data ai tha rrofo e.nnnl, i Kttl inn 'nn 00 SCO. 2..

Act 9. Of thB BV Havo "Tho Committee Bhall keep a record of its proceedings, uuiLuinumDuau uoiuu at iuq nun enguinff meeting of the Board." No meeting for one year, June 1872, whioh brings UB down to the date of thin ronnrh. With tha jvmv widuhuk im vmcerBf ana cue appointing of two Committees. fEieentiva and TinnTin thn going is substantially all the business transacted by the Board of Dlrectora for the whnlA nnrlnil. flin wo an mo luiuruiatiun poaseBsea ny tae stock uuiuciB uuu BuuiB oi tne uirectorg.

xae expenditures bujo moib uau ueou Uflsn disbursed 83,859.389 74 uue on land purchased ToM $3,141,839.74 There is no roonrrl nf nnv mlnnHlv tnntln. nn Uk. debate upon any question. The "took of the Now Fork Bridge Company is. To which New Vork City subscribed.

.31,600,000 UtUtlE BUD soribera pay. And the following appear as Individ. aal fluhRRrfnftnriH Kingsloy A Keeny. H. W.

Slocnm 150,000 Wm. M.TwoBd ZS'XC, Hugh Smith Jeter Sweeny Isaac Van M. KnlbflelMh 42,000 20,000 20,000 20.000 111,000 10,000 10,000 10,000 5,000 5,001) 5,000 5,000 B.OOO 5,000 8. L. Husted ti.

u. Murphy Alex. Mnflnn J. B. Stranahau Ramon J.

H. Prentice Samuel McLean Wm. Marshall J. W. Lewis Wm.

Huuter, jr G.T. A. W. Bonson 2,0011 $5,000,000 FINANCE COMMITTEE. The Finance Committee consists of Ava mernrtftra ana tue i resiaent ex offlno.

Its duties under the by iuws urc: it suau exercise a general snDervision ovm the pecuniary affairs of the Company, examine the books, accounts, vouchers and tho affairs of the Com pany ana report tno same to the Board." This Committee has no records. It has never hold a meeting or made a report. Tho undersigned was for tu juuris ii uiomuer oi ine uommittee, and on three uiuureut uucuaiDus requesioa tne Chairman to call the Committee together. It was not done. At the lt yearly meeting Its Chairman was reappointed to that iu.muu iwi uie lourtn year.

EXECUTIVE COMMITTEE. Under the resolutions of ifp. thn business of the Company wos abBorbed by the Executive Committee in every department. It had appointed all the agents excepting the chief Engineer, purchased all the land, all tho suppliee, audited its own bills, appointed its Own attornnv. flrarf p.nmnnnonltnnti.

anil had not reported the same to the Board. Tho following minutes from tho records of tho Committee illustrate tho faots referred to: October 12. 1809. "Resolved. That Alexander Hfcniin bo appointed counsel to the Executive Committee (not iu.

"Resolved, That all bills auoinst tho Cnmnanv bo audited by the Exeoutive Commute." October 14 Present Messrs. Murphy, Hasted, Stranahan and Slocum. "Resolved. That Wm. C.

Kineslev be aonolnted (len eral Superintendent to act under the dlreotion of the Executive uomrjalttee." No duties are or any comnensstlon referred As Mr. Kingsloy's name freauentlv ooours in ihe re cords of the Comrany, and as what there i of tho Bridge is largely due to him, an explanation of hia relations to the Company is necessary. Mr. Kingsley was not a Director in th flnmnnnv. but was and is by far the largest voting stoekhulder, and can place himself ln the Dlreotion at bis pleasure.

He could not be held responsible for anything transpiring within the oard or the Committees. He was confirmed ln the position of Superintendent where he desired to be. While no restriction appears limiting his discretion, there Is no act or recommendation of his which has not the unqualified approval of the Committee. A wide discretion and large responsibility was thrown upon him. No regulation is on record as to how competing interests are seoured for the benefit of theOompony ln procuring material; of why, two, three or five persons only are selected to pries material; when bids are asked for, who is to open them, eto.

No part of the matorial had been advertised for down to tne ante or cms report. The above arrangement was made October, 1869, but was not reported to tho Board at its yearly meeting in June, 1870. On July 6, 1870, the following resolution is recorded by the Executive Committee present, Messrs. Murphy, HuBted, Stranahan, Tweed, Slocum, and Smith. "Resolved, That flee (5) per centum on the amount of the expenditures of the foundations of the towers of the bridge up to high water mark, inolndlng the payment for land, be paid to Wm.

C. Kingsley, the Clou oral Superintendent, for his services and advances on behalf of the Company up to the completion of such foundations." A report of this aetion to tho Board was again omitted at the yearly meeting in June, 1871, and some of the Dlreotors did notknow of it until the present year, Mr. Kmgsley evidently supposed that the arrangement was known to the Board. In au interview with a reporter of the New York Tribune. April 16, 1373, bo explains the transaction a IoIIowb "All of tho Directors knew of the arrangement; it was dono in open session; some talked of 2 per some of 18, aome of 10, and r.omoof 8 percent.

After the subject had been discussed at several meetings of the Exeoutive Committee It was fixed Bt per oent." Tho records do not Bhow the dlsoussion reforred to. It was Mr. Kingsley's right to moke the bost arrangement ho could; the records, however, ought to show the argument for paying bo large a sum as fire per cent, on all the Balarie9, real estate, material, to an agent who waB not a contractor, who assumod no risk, and. who had other business oalling for a portion of bis timo elsewhore. Aud r.

Kingsley ought to have had oredlt for aooeptlng tho smallest amount evidently by the majority.