The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-09-20
The AmeS Failure.

Mr.. CAKES AMEs has bad memory, to say
the least. He hes made plump denial OF
having bribed the congressman. Cnfoltun.
ately for him 1t will not answer, for II
A mere denial Of crime would stand in
the ewes Of the law or common sense our
State prisons would be emptied Tomorrow.
A burglar. or u forger, or thief, may stand
ever so high In his profession, but bis simple
word will not weigh against the recorded
evidence sworn to in court of law. Not
that Mr.. ANEs ~ any of these, but he is u
writer, and he has written two letters which
are matter OF record i'm the Supreme Court OF
Eastern Pennsylvania. Here they are.'rhey
were produced in court, in his own band
writing. scr,ltnized by opposing lawyers
sworn to, and admitted as evidence:
"WAsHNGToN. January %, 1865.
"H. S. Nc Comb, Esq:
"Dcar Sir,-Yours Of the ODD is at hand,
in which you say Senators BAYARD and Fow-
lgR have written you In relation to their
stock. I have spoken TO FOWLER, but not
to BAYaRp. I have never been introduced
TO BAYARD, but will see him soon. You say
must not put too much in one locality. l
have assigned, SO far as I have given, to four
from Massachusetts, one from New Hamp-
shire; one, Delaware; one, Tennessee; one
half, Ohio; two, Pennsylvania one, lndi-
ana one, Maine and have three to place,
which I shall put where they will do most
good to us. am here on the spot, and can
better Judge where they should go. Think
after this dividend is paid we should make
our capital S4,OO0,OO0, and distribute the
new stock where it will protect us. Let
them have the stock ut par and profits made
in the future. The fifty per cent. increase
OH the old stock ] want for distribution
here, and soon. ALLEY is opposed to the
division of the bonds; says we will need
them, &C., &c. / should think that we
ought to he able to spare them with ALLEY
and Cisco OIL the Finance Committee We
used to be able to borrow when we had no
credit and debts pressing we are now out
of debt, and in good credit. What say you
about the bond dividend2 A part of the
purchasers here are poor, and want their
bonds to sell to enable them to meet their
payment on the stock in the Credit Mobilier.
have told them what they would set as
dividends, and they expect, think-when
the bonds the parties received as the sixty
percent dividend, we better give them the
bonds. 1t will not amount to anything with
rls. Some Of the large holders will not care
whether they have the bonds or certificates,
or they will lend their bonds to the con-
pany, as they have done before, or lend them
money. QvlGLEY has been here, and we
have got that one-tenth that was UNDER.
woop's. have taken hall, QuIGLEY quar-.
ter, and you quarter.
"Judge CARTER wants q part of it. Al
some future day We are TO surrender Il part
TO him. Yours truly,
"OAKEs AMEs."
And here is another: ... .s.,s
WASHINGTON, january 80, 1868.
an S. Nc Como: 15ts AD.,:
Dear Sir,-Yours of the 2Sth is at hand,
inclosing copy Of letter from or rather to Mr..
KING. don't fear any investigation here.
What some of Durant's friends may do in
New York can't be counted on with any eer-
talnty. You do not understand by your let
ter what | have done and ala TO do with my
sales Of stock. You say more to New York.
have placed some with New York, or have
agreed to. You must remember that il WAS
nearly all placed as you saw or the List in
New York, and there was but or NJ for
ne to place. could not give all they want
ed, or they might want out Of that. You
would not want me TO offer less than one
thousand on to any one. We allowed DU
RANT to place $500 to some three or four Of
bis friends, or keep it himself. have used
this where it will produce most good to us,
think.
an view of KiSa's letter and WAsnBURs's
move here, 20 in for making one bond dyi.
dend In full. We can do It with perfect
safety. understand the opposition to 1t
comes frorn'ALtEY. He is on the Finance
Committee, and cum raise money easy il we
come short, which don't believe We shall j
and If we Go, we can loan or bonds TO the
company OF Joan them the money we get for
the bonds. The contract calls for the dIyl.