Mr. Jay Gould, of Erie Railway notoriety, whose astuteness has
hitherto enabled him to evade a very stringent law, appears to be at last in danger of a prosecution. On Monday last, the Times published a telegram from its Philadelphia Correspondent, stating that Mr. Tweed had testified before the New York Board of Aldermen that he secured the passage, by the New Legisla- ture, of the Erie Classification Act through bribery at the request of Mr. Jay Gould, who provided the money. The New York bribery laws are very stringent, and we are told that this piece of testimony has created a great sensation. It is believed that the grand jury intend indicting Gould. Mr. Tweed himself, however, has shown how many artifices maybe employed in New York to evade the clearest law, in spite of the amplest evidence; and Mr. Gould is not likely to prove less skilfal in the game than the deposed Tammany chief. Still, the institution of criminal proceedings would put a stop to Mr. Gould's daring combinations on the Stock Exchange.
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