The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1872-09-19
PUBLISHED EACH THURSDAY
TERMS-

chasers here are poor, and srant their bonds to
sell to enable them TO meet their, payment on
they would get as dividends, and they expect 1
think-5yhen the bonds the parties receiyed as
the bonds. 1t will not amount to anything with
us. Some of the large holders viii not care
| they,wili lend their bonds to the Company. as
/ they have done before, or lend them money.
'ti That D was TnderWoods T have taken
Judge Carter wants d part Of it. At some
YeSf are g PaTs e
The act so much desired by the Gin
side ring" was passed by Congress, as
everybody very well knows. An act
twice as iniquitous could have been
pulled through when Wilson and Pat
! tefsOn in the Senate, and the speaker
Of the house, Mr.. Colfax, and Messrs.
Blaine, .Scofeld, Kelley, Dawes, Eliot,
Boutwell,, Bingham and Garfield had
been bribed, as sAmes declares they
were,- They were the most promi-
nent and influential men on the Re-
publican side of the house, Dawes be-
! ing then Chairman of the Committee
on Elections, and Scofieid Chairman
! of the Committee on Revised and Un-i
| finished Business. Boutwell, was oil
| the Judiciary Committee, Bingham
and Blaine prominent members of the
Committee ON Military affairs, and
Kelley and Garfield held equally i'm
| portant positions.
AS bad o. showing as Ames's list
makes for the great lights of the
Grant party, It is not as bad az it will
be when the whole truth is known.
The Ames list is not complete. It
wiIl be observed that it does net n4
clndd tffe name of James Brooks, of
New York; yet Colonel McC Comb
sw weafs that be received fifty shares. /
But Brooks was not the only one
omitted. We have been informed by
one Of thelegal gentlemen employed
in theAcaseo of MeCoInb VS.. the Credit
Mobflier that Robert G.. Schenek, Of
Ohio, Benjamin M. Boyer, of Penn
sylvania, in the House, and Pomeroy,
Chandler, Cameron, Nye, Stewart,
Sherman and Morton in the Senate,
also received a number of shares.
MeConb has the proof and will pro-
dQce or compel Mr.. yAmes, who all
along refused to appear before the
examiner and testify, to produce it. =
From the same source we also learn
that .Anes pursued the following now
ell course in bribing some of these
Der or Senator a certificate of stock,
and tell him 1t was sgood thing. IL
asked how much money was required
he would say, sfNot accent 1T present.
Then In a few weeks he would again
pay "a visit aud hand the gentleman q
check. drawn by the Treasurer of the
Credit Mobilfer, and say, "Here is
your first dividend" This first divi-
dend was sufficient to pay for the
stock at its nominal value. That the
dividends were sufficient to do this ia
shown by the following extract from
Col. McComb's testimony:
20. What dividend was declared on the Cred
it Mobilier stock after rle delivery of the Ames
soDtgsst Ay s 50Sks ssSE that rsesiysa
Railroad stock. 3sK per cent, Union Pacific
Railroad stock. 80 per cent. Union Pacihc Rail-
% February 8 got from it in dividenis 80 shares
of stock of Credit Mobilier; June II received
with so per cent, in cash. on $50 shares; July 8.
1868. 70 per, cent. in stock and rs per, cent. la
RlG@ % bonas and
cent in stock; dec 10, 200 per cent in stock. In
sa G S s a ss 3 a sSdd
and 12 per cent. in gold for dividends.
The above extract gives some idea
of the real value of the stock Senator
Wilson, Speaker Blaine, and their as
sociates received. But we do not
need to enter into any calculation to
arrive at the value. Colonel McCombo o
on this point swears as follows: 81
O. What was the cash value of this stock at
the time it was issued? "A. 1t would sell in the
market at $3.50 per share, cash value, and very
very little could be had at that-mOre buyers
than sellers good deal; was offered $500 per i
share for mine eshoFtly after that time.
: O. w hat has been the highest value reached
by the Credit Mobi1ier stock? A. was Offer
ed 5000 per share for mine; this was in 1858.
that time 2 considered It worth 8 900 per
share, and it would have been readily worth
that honestly and fairly managed. at that time.
/. The pertinent question which these
facts must suggest to all honest and
intelligent men is, shall these men be
continued in Office g a.a 2