Rock Island Argus. (Rock Island, Ill.) 1871-1872, 1872-10-07
Dailp Argus.
THE CREDIT MoBI11ER BR1RERY.
More Development---0akes Ames's Letters in
Fun---ne Confesses TO Bribing Congress-
men---The Stock Distributed---sena-
ton Conkling's Share.

NN-~@Ne1SS SuAkI6o8a
men---The Stock Distributed---sena-
ton conkling's Share.
WASHINGTON, Oct below will be |
found copy of another letter from Repre-
sentative Ames of Massachusetts to Col. 81. |
3. McComb, relative to the Credit Mobilier |
matter, which is facsimile OF photo
graph OF ihs original now In the hands Of
McComb's counsel, and forms q very i'm
portsnt link in the already quite complete
chain connecting certain prCminvnt indi-
RITUALS with that enormous fraud upon the |
public. IL shonld be stated in advance,
however, that what purported to be leGisrs
preceding this in date, which were given 70
she public some days ago, where imperfect
and disconnected, and only contained a por
Iion Of the matter embraced in the original; |
therefore the aforementioned letters, a. copi- |
ed from the photographed copies, are here
gwen In full, rs follows:
WksHIsGToH, Jan. rs, 1868.
II. s. MoCoMB, Else Dear Sir: Yours Of |
the aSd is ~ hand, in which you say senator
BayArd and Fowler have written you relation |
to their stock. l have spoken to Fowler but not |
| to B1ysrd, bat will see MIN soon. GU can say |
must not put too much in one locality. / have |
assigned so far as have gone four for or from
Massachusetts, one for or from New Hampshire,
one Delaware, one Tennessee, one Ohio, tw 0
Penny lvania, one IndisnA, one Maine, and /
| have three to place, which 1 shall put where
they will do most good to | am here on
the spot, and can beIter judge where they should
go. think after this dividend IL paid We
should make our capi al 81 ,oOo, geo, and disrio
ute the new stock where it will protect US. Let
them have the stock at par and profit made in
the future. The fifty per cent increase on the old
/ tOF fRfrf hnEto hara W..
Dursnt to place SOS, 900 % some three or four
Of his friends, or keep It himself. / have used
shis where 1t will produce most good for us i
think In view of Kings letter and Wash
burns move here, 90 in for making our bon d
dividend in full We can do it with perfect
safety. l understand the opposition to il comes
from Alley. He 10 on the Finance Committee
and can raise money easy If we come short,
which don't believe we shall; and If We do we
can loan our bonds to the company, or loan then
the money We get for the bonus The contract
calls for the division, and say lave it, When
shall l. see you in Washington? Yours truly
CAKES AMss.
as follows:
WAsHHGros, Jan. 80, 1868.
H 8. McOoHB-Dedr SIR: Years of the 2Sth
is at hand inclosing 9 letter from, or rather to-
Mr.. King. 1 don fear any investig Cation here !;
what 81 me Of Duraut's friends may do In New
York Courts can't be counted on with any
tsinty. You do not understand by your letter
what have done and an 10 do With my sales of
stock. You say more 20 Kew York. have
placed some with New York, or have agreed 10
You must remsmber that 1t was nearly all placed
IS you the list in New York, and there
vas but six or eight for me to place. could
not give all the world they wanted OF they might
want; and of that you would not want me to
offer less than one thousand, H. TO any one.
l A H. l.. l. . \ i.
says We will need them, &c. l shoRld think
that We ought TO be able 10 spare them, With Al
ley aud Cisco thu Finance Comm ttes. VIZ
4 ed 10 be able to borrow when we had credit
and debts increasing. We sre now out OF debt
and in good credit. What say you about tn.
oond dividend? part Of the purehAuers here
art poor and want their bonds to sell TO en- bic
them to meet their pay ment on the stock in the
C. NJ. l have told tn m what they could get =,
dividend, and they expect it. think where the
bonds the parties receive are the 50 per cent
dividend, we be ter give them the bonds it win
not amount to any thing with Some of tn.
large holders will not care whether thsy have
p the bonds certificates, or if they will lend
their bonds TO the Company they have done
before OF lend the money. Quig'ey has been
: here. and have got thst one and one
tenth that was Understood. 1 have taken h lf
Quigley one fourth, and you one fourth. J. Car
ter wants a part of 1t at some future day W,
are 10 etnO paEt " uiHs AbAff tId'1J
0AKEs AWEs.
! 1--WE stand about like his Bonds frst mort
gage, received on 525 miles, at s., 900 per mile
IS. 400, 000; bonds, first mortgage. received on l.
mile 1, at $4s 600 per mile, $720 600; bonds. drs
mortgage, rece we'd on 100 nj es st $iS.000 pc
mi ., 81, 500 GEO; total Sl3,9f0 900; Sl",ooo,o 90
sold and to sell to pay debts, 81, O00,00
total left, So. go, enc Eighty per cent diviien,
on 5000, OOO C. n s. 50 000 900; tOtsI left
/ 1920 900. Govern eut bonds received this ds
i 5000 00n; due for transportation, 5000 one
half cash, 500, 600; total, s., Hs0,non. In add
ion to this. we can draw Govern nsn' bonds 70
two-thirds of the work done in advance of tn
track, if We desire it,
Here follow number of names of per
sons, evidently written with pencil, as the
are very indisti ct.
The latest letter which is now laid betor
the public for the frat time will be readil
accepted as the most i'm portAnt of all, sine
it answers couclusively the clubbing denial
aud statements made by parties implicated
and shows that the corruption fund of th
Credit Mobilier was used, or, st least, in
tended for use, to influence members G
Congress. The letter, is will be observed
10 written nearly one month later than I'd
one above Published, but it 10 understoo
that several letters interviewed betweeR ID.
of Jan. 80 aud the following:
wAsaISGros, D. c.. Feb. %. 1865.
HIS. McCoNb, ESQ. Dear Sir Yours
the 2Ist is st hand Am glad to know that yO
are getting along we'll with Mr.. West; hoI
you will bring it out all sstisfsc' Oriiy, so that
will be so rich that can not help going into
"a I retsrn you the papers by mail that you a.
~, ~ for. You AJAX me If will sell some of my Z.
ny g. r. stock. l will sell some Of it at par. Cred
loI NJ of A. don't care to sell. l hear that
rs Bates offered his at $500 premium, but don
want Bates to sell out. l think Grimes may st
~ part of his at $3.50. I want $4,000 of q
" Credit Mobilier to sell here We want mo
p friends in this Congress, and IL 8 msn will los
into the lsw and it Is difficult to get them to
90 it, unless they have Interest to do sol be ca
,L not help being convinced that We should not
.' intsrfered tn hope to see you hOrs or at NJ
s" York the 1lth. Yours truly,
0AKEs AMRs
1t is asserted that Senator Roscoe Con
ara ling Of New Yerk was one Of the beueI
Charles in this Credit Moblier stealing, Al
- that portion of the stock which was me
tioued in the letter of the 30Ih of Jsnus
as having been placed in New York went
r Conkliug. he IS not on McoUmb's list, 4
u L n. n