New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-09-18
FACE THE RECORD.

Mr.. Cakes Ames denies. Nothing Is more
natural. The man accused of bribery always
pleads not guilty; and, whenever he is bali
dozen grades above an idiot, he is sure, IL
cuilty. to have covered his tracks
80 well that nothing is harder than
TO prove him so. But this Is not
case for newspaper denlais Dut
for sworn testimony, under rigid cross exam
nation. The charges are not those OF news
paper. They are transcripts of legal proceed
ings, documents proved in court, ana sworn
testimony, sifted by opposing lawyers. Ihey
are not fairly met by the ineyltable pea oi
"Not GUILTY. they can only be met by rebuff
ting testimony of equal weight.
Here for instance is one OF Mr. oakes
Ames's letters. 1t was produced in Court, IN
his own handwriting, scrutinized by opposing
LAWYERS, sworn to and admitted as evidence:
WASHINGTON, Jan. %, 1868.
H. g. McCoMB, es1-Dear Sir: Yours Of the 23d Is at
hand in which you say Senators Bayard and Fowler
have written you in relation to their stocK. lna'e
spoken TO Fowler but not Bayard have never been
introduced to Bayard but will see him soon You say
must not put too much in ono locality. have as
signed 80 far as have given tO-four from Massacnu
setts one from EewHampshire; one, Delaware; one'
Tennessee; one-hah Ohio; two, Pennsylyana; one III
diana; one, Maine; and have three to place. whlcn
shall put where they will do most good to u am mere
on the spot and better judge where they should CO.
think after this dividend is paid should make our
capital sOOOOOo and distribute the new stock where
will protect U.S. Let them have the stock at par and
profits made In the future The so per cent increase on
the old stock want for distribution mere
and soon. Alley Is opposed 10 inc
division; Of tho bonds, says we will need
Them &C.. &C. should think that we ought to be able
to spare them with Alley and CISCO on the Finance COM
mittee We used BIO able to borrow whom we had no
credit and debts pressing we are out OF debt and
n good credit What say you about the bond dividend
part of the purchasers here poor and want ther
bonds to sell TO enable them to meet their payment On
the stock in the NJ. have told them what they "ouu
get az dividends, and they expect tmnk-When tho
bonds the parties received the 50 cent dividend we
better give them the bonds 1t will not amount 10 any
thing with us. of the large holders will not care
whether they have the bonds certificates, or they VIII
lend their bonds the Company as they have done Dc
FORE or lend them money Quigey has been here, ana
we have got that one-tenth that was Underw0ods'
have taken half Quigley quarter, and you quarter
Judge Carter wants part OF 1t. At some future uay
we are to surrender part to him. Yours truly
CAKES AMEs
WASHINGTON, JAM 80, 1868.
H. g. McComB-Dear Sir: Yours of the 2Sth is at hand.
inolosng copy OF letter from or rather to MI King.
rants friends may ia NewYork can't be counted on
with any certainty. You do not understand by your
letter what | have done and am to do Win my
sales OF stock. You say more TO New-York nave
placed some with York, or have agreed to. You
must remember that nearly all placed as you saw
on the list In York. and there was but or fOr
LIE 10 place. could not give all they wanted or they
might want out OF that You would not want me 10 oher
lees than one thousand E) to any one. We allowed
Durant to place $4,000 three or four oil MS
friends or keep it himself have used this where IL
will produce most good to us, think.
In view OF Kings letter and washburn's move here
60 in for making one bond dividend in full We can do 1t
with perfect safety. understand the opposition TO IL
comes from Alley. He is the Finance Committee and
can raise money easy if come short, which do MT
believe we shall aud IL do can loan our bonds to
the Company or loan them the money we get FOR the
bonds The contract calls for the division, and say
have it. When shall see you in Washington Yours
truly, oAhho AmSs+
The following is in pencil on the Ames letter:
oakes Ames's list names, shown to-day to me for
Credit MobilieT, is