Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1870-03-18

it nothing else) upon the people of North
Carolina that this august tribunal Is last
losing the respect of the people and de-
stroying the usefulness of the Court.
From the Raleigh Standard.
RcDort of the senate Commission Cor In
VeAtigatiOn.
We give below the report of the Senate
Commission for Investigation, consisting
of Messrs. Bragg, Phillips and Scott. 1t
will be seen by perusal to refer TO otner
documents which accompany it, but which
we were unable to publish this morning.
REPORT.
To Lieutenant Governor CaLdaCeH,
President Of the Senate i:
The Commission appointed under the
"Senate resolution for Investigation" of
January Oath, 1870, ask leave, under the
instructions to that effect recent. received
from the Senate, to submit the following
report
Although duly notified of their appoint
ment shortly after it was made, 1t was
deemed proper by the Commission not to
enter upon their duties, until after the
passage of a law which was prepared in the
Senate, to ascertain and confirm the pow
ers with which they had been invested I'M
der the original resolution. This occurred
upon the 10th of February last, and upon
the 18th the Commission completed their
organization by the appointment OF MIR.
Henry NJ, KILLER, as Clerk, and ordered
that certain persons should be summoned
to attend before them as witnesses, upon
various days in the orders mentioned.
For these names and days, as we'll as for
ether details of like character, the Com
J. k1 hn "a
their Journal, which is herewith submit
ted.
In the course Of their labors the Com
mission have examined at length the fol
lowing persons, to wit
Messrs. Edward Belo, jesse r. Stubbs,
William Johnson, Robert Il. COwan, L. +.
Alderman, William Sloan, J. J. Mott, Sam
uel Mod. Tate, r. T. Simonton, Calvin J.
Cowles, A. j. Jones, Ruins 7. McAden, K.
P. Battle. W. J. Hawkins, NJ. S. Little
field, I. f. Leo, d. G. Fowle, 81. @.
Cowlee, W. r. Richardson. j. I'll. Davis,
w. l.. Askew, z. S. Lutterloh, S. ".
Watts, and Is. &. Guiou.
None Of these persons summoned before
them have failed TO appear, except Mr..
Geo ". Swepson, for whom summons,
his appearance on the 3rd day of
March, was placed in the hands of the
Sheriff of Wake county, upon the 22nd
day OF February. This was served upon
him personally, OH the let day of March,
as it appears by the Sheriff's return
Other notices of the same sort were issued
for Messrs. Good NJ. Roberts, Treasurer
of the Western North Carolina Railroad
Company, ". j. and +. W. Pullam, but
owing to their absence in New York, as APP
pears from the return, these were not
served.
1t is proper to say here, once for all,
hat with the above exception, no difficulty
has been made by any one IN regard to the
attendance ; nor any IN regard to lnterrO
gatories except in two instances which
we're allowed by the commission F.; and that
he officers of the State to whom there has
oeen occasion to apply for information or
have rendered it at once, and
,heerfully.
The Commission presume that the chief
object CT the Senate in their appointment |
las been attained in the procurement and !
recording of the mass of evidence herewith !
submitted. The statements made by the |
witnesses under oath have been taken down
L their presence, read over to them first,
answer by answer, and then in the whole /;
md are further verified by their respective
signatures. The Senate will judge whether
he Commission have prosecuted their in
in the proper direction as re-
# inquiry i'll each individual case.
The testimony will be found to cover
wO hundred and five manuscript pages.
not uncomfortable in bulk it is
Tot complicated in detail !; and the COM
'ar2tivc magnitude of the interests which
involves is Oh that the Commission do
lot feel themselves justified in detaining
he Senate with remarks upon the particu-
ara of which it Is composed, or in acting
pom the supposition that every part of it
viii not be subjected to AZ impartial and
borough scrutiny
The Senate will find most of the results
ummed up III three schedules, which are
ereto attached. Ofthese
Tie GfSt contains Il statement of the de-
ails connected with the Issue of State
;onds to the various Railroad Companies
v the Treasurer and was compiled by that
ticer for the use of the Commission
The second gives an account of the dis
OSal of the Bonds after they came into
le HANDS of the Companies.
lie httrd show the amounts IN money
n which the Bonds have been sold or
ypothecatcd.
The Commission desired to propose a
)urM, to exhibit at one view the principal
ems of expenditure by which these
had been partially, or totally ex-
NN>0'NO3 NOO OPOA CCuSlGSTdtIOQ III was :
bought better to present this view in the !
ody of the Report. The more because
Re information in regard to this matter is
cry general; and more nearly an approx
lation to the truth. It was not expected
lat the Commission should examine and !
arlty vouchers for expenditures in detail
18th the general objects presented to them,
nj with the time allowed for their opera
ons, this was impracticable. An exami-
alton of the testimony will show other
'asons why, in any case, only an approx
ation could be had. Indeed this is true
well in regard to the figures represent
lg the amounts received by the companies
pom the sale or hypothecation of the
onds, By reference to the testimony of
lessrs. McAden and Jones, explanations
i'll ne found going to show that by the
lies of the New York stock-board a de-
uction is made for all North Carolina
onds issued after July 1st, 1868, at the
'te of six per cent per snnum upon their
zee. So not bond dated Oct. LIST, 1869,
apparently sold at twenty five dollars in
Re hundred would in the first instance be