The New York herald., 1869-04-06

select some point on a designated line as II line
had been definitely fixed Dy law, which, IN Mr. Sher
known to every senator that the line claimed 10
have been fixed by the Secretary Of the Interior was
in dispute, and that charges had been made IN con-
nectlon with it and were being investigated In the
House Of Representatives II was now necessary that
the point OF junction should be liked by some CON-
petent Authority because the rival roads were over
tapping each other The Union Pacific Company
had already completed ITS road thirty miles beyond
Mr.. WILLIAMS trep.) OF oregon, suggested TO Mr..
Sherman an amendment to his amendment so as to
direct the President TO ok the point OF junction
according to The legal rights or the respective COM
Mr.. SHERMAN had no other objection to this
troversy when he believed that in fact neither road
had any legal rights beyond the point TO which IT
had actually constructed the road.
letter OF the Secretary of the Interior had the force
OF law, was unable TO see how more than one or
these companies could lawfully claim bonds from the
Mr.. THAYER, (rep.) of Neb.. said it would be a
gross perverslon Of the legislative power TO make
any new law affecting the rights OF these parties
when they already engaged In litigation TO de-
termine their respective rights
Mr.. STEWART (rep.l Of New, called attention to
the extraordinary character OF the House BILL which
he said proposed TO put the Union Pacific Railroad
Company on wheels and move 1t about the country
to exempt from the jurisdiction OF the local courts
and give 1t other extraordinary privileges contrary
to the general rule OF law on that subject. He
thought, however, that he had in his possession a
document which explained the whole affair Here
Mr.. Stewart read paper in the nature of an agree
ment dated October Is, 1867, and signed by Oliver
Ames, John b. Alley aud others, and executed before
Daniel NJ. Giett notary public, New York.
the exact purport Of which was not under
stood by the reporters. He had also another
document (holding up a yellow covered pamphlep,
which alleged that Mr. Jas. Fisk "was great ras-
CALI did not know Mr.. Fisk, but for his present
purpose, 1t not necessary to question the truth
OF this allegation. This pamphlet further stated that
this Mr.. Fisk had sought to arraign the Union Pa
cifc Railroad Company before very rascay court"
This might also be true, although he had looked over
the record of the proceedings OF the court in this
matter and had Jailed to find anything to- war
rant the allegation. But what did this ras-
Cal Fisk alege In this rascally courtf First,
that there was a. conspiracy between certain
lot of people calling themselves the Credit
Mober, q ring inside the Pacific Railroad Company.
to swindle all the rest Of the world, and Fisk GER
tainly made out pretty strong case. He alleged
that the Credit MObllier had made enormous divi-
dends by using the Pacific Railroad, which the men,
bers of the Credit Mobilier admitted. Fisk also
went so far as to charge tnat certain members of
Congress were interested In this arrangement, and
he Stewart had heard 1t stated that members OF the
House Committee ON the Pacific Railroad were in
terested only in that road but also in the Credit
Mobilier, and had never heard it denied.
EXECUTIVE SESSION.
AT four O'Clock Mr.. Stewart gave way for motion
TO go into executive session, which was carried.
After the executive session the Senate adjourned.