Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1870-04-15
Brags-Pni.Ilps Repors-Dr. SLOAN.

BragE-PhIIIips EeporS-Dr. sloan.
the Bragg Phillips Report proving corrup,
ton upon leading Radical officials. 1t IS
| our purrose to publish extracts from the
testimony ot A. J. Jones, and Of others
bearing npoa his management. But it ,e-
auires not tie corroborating evidence OF
the Bragg Phillips Report to prove cor
ruption upon Sloan ana Jones. Governor
Holden knew they were not trustworthy
when he made them Presidents Of Rail
roads with millions of funds in their con-
troll. They suited his purposes, and the
fat went forth.
We give the evidence OF Mr. Guion and
DIR. Sloan, and we leave our readers to
make their own inferences. We think Dr.
Sloan is self-coDdemned
RALEIGH, March II, 1870
B. S. Guion states that he is Engineer Of the
Wilmington, Charlotte and Rutherford Railroad
Company, and has boon so since July, 1867.
Question. Have you ever heard VIM. sloan
say anything, and what, in reference t? his
having received from any one, and whom,
twenty, or any other number OF bonds, Of the
Atlantic, Tennessee and Ohio railroad Com
pany?
ATLSlC1T. IA h&IGlSD, III DG CCI-IJGLs 1000 VI
January. 1869, DR.. Sloan mentioned to ne that
he had been offered number Of State bonds Of
that Company, in he would Withdraw his
opposition to the passage OF a law authorizing
such bonds to be issued. In Charlotte, i'll Sep
TENDER or October, 1869, he told me that he had
received the bonds that had been promised to
him DO not recollect the number, or whether
he said who had given them to him; but he
added that he had deposited them i'll come bank
in New York, whence he could produce them
whenever it might be necessary. The general
conversation between US ct Charlotte was about
plan which he had signed sub jeCt to the ap-
prevail of his Directors, by which certain Ran
road Presidents had aSrccd i'll New Ork to con-
soliGate the Il. q. State bonds in the hands Of Q
single houss for sale and l gathered from that
conversation that Dr. Sloan considered that the
transaction in regard TO the twenty bonds gave
him some power over tAe party who had de-
livered them, il regard to the lssuo from the
State Treasury OF balance of bonds due the
Company OF which he was President, to Wit the
Wilmington, Charlotte and Rutherford Railroad
Company, which iesue, l inferred, he appre- |
them; and L also inferred from the
same conversation, that he thought that the |
party who delivered those bonds believed that
by so doing he would eutanSIe DR.. Sloan, and |
thus gain power over him.
Sworn and subscribed before the Commission. |
THOMAS BRAGG, Chairman.
We omit all that part OF Dr.. hICan'o evidence |
relating to the general disposition and manipula-
ton OF the bonds OF mis- road, and give only that
part Of it in WliCe re acknowledges the accep- |
lance of e. bride of twenty bonds to cease his
to the passage Of the bill named.
Question Of TIE CtntDtiSS t0E.-Please look over !
the Treasurer's statement again and Inform the !
Commission what, if anything, you may know III |
regard to the disposal Of the State bonds charg-
ed thereuDon, OF their proceeds, including in |
sach Information what, II any thing, You may |
have heard said by any person, and whom, TO /
his transactions with said bonds proceeds ? |
You are aware Of the purpose for which tie Com |
mission was raised; give Us any Information !
which you may have thai may all us in our in |
vesti9ati0n.
A19Stcer.--I have looked over the statement, |
and say that know nothing, OF my own knowl |
edge, except that Mr.. A. j JUnce, President OF
the Fall or Winter that he still had all of his |
bonds except fifty or sixty aud $50, that having
successfully opposed the passage of the bill |
making appropriation for the Atlantic, Ten /
ground that it's gauge Give feet) differed from the
other North Carolina Roads. After the defeat of |
the bill, 1 approached by Mr.. George ". |
Swepson. and offered by him forty Of the bonds |
that might be issued Tor said Company, for With
draTal CT my opposition. l declined TO do 50. !
stating that the gauge my main objection |
he theTeupOn offered to conform the cudge to |
that ual iii North Caroline, and also to give |!
the forty bonds, if would withdraw objection. (!
told him that if he wOuld conform the guaae to |
the guage of the North Carolina Railroad Com |
pany, would take twenty of the bonds there
upon the bill was passed. During the last Fail |
Mr.. SWepgOn handed me twenty of such bonds
they were worthless then, as they could not be
placed on the stock Board, and worthless
still. l have them yet in my possession. [ do
not know from whom Mr.. Bwepson procured
them; i know by general report Of the suit
brought by kehOo against that Company but
have heard nothing special in regard thereto.
VIM. SLOAN.
Acknowledged and sworn to upon this 28th day
of February, 1870, before the undersigned
THOMAS BRAGG, Ch2lrRlan.