New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-09-21

FER IN 1868 AND 1917.
8 Ames's native New-En-
tn "A tough hide and a
toughness Of Mr.. Ames's
mad abundant proof. Let
to his constituents in 1872,
in 1903, and see how short
I 0alss xr.<s 10 Ne Coatsdereh IN
lf69.
WASHINGTON, Jan. rs, 1863.
I'll. 3. MCCOAB, esq.-Dedr
Sir: Yours OF the 23d Ia at
hand, In which you say Sen
atOrs Bayard and Fowler
have written you In relation
Ito their stock. / have
spoken to Fowler but not 10
Bayard. l have never been
introduced to Bayard, but
Twill see him soon. You say
/ must not put too much In
0ne locality. 1 have as
lsigned as Tar as Ihave given,
10 four from Massachusetts:
lone from New-Hampshire
lone, Delaware; one, Ten
nessee; one-half, Ohio; two,
PENNSYLVANIA; one, Indiana;
lone, Maine (; and IhGre three
10 place, which l shall put
where they will do most
rood to us. I am here on
the spot, aud can better Judge
iehere they should 90. 1
hink alter tins dividend Is
Ipald we should make our
capital 81, COO, COO aud distrib
lutte tile new stock where II
will protect us. Let them
have the stock at par and
profits made IN the future.
The 90 per cent increase on
the old stock l want for dis
tributiOn here, and soon.
Alley is opposed to the
division OF tue bonds, says
he will need them, &C., &c.
| should think that We ought
Ito be aUle To spare them
with Alley and CISCO on the
Finance Committee. We
used to he able to borrow
when we mad no credit and
ldeDts pressing; we are now
lOut OF debt and in rood
lcredit. What say you about
the bond dividend : A part
lof tho purchasers here are
poor, aud want their bonds
ito sell 10 enable them TO
Inject their pay lnent on tue
stock la the &. NJ. | have
told them what they would
get as dividends, and they
expect, | think-whcn the
bonds the parties received
las the so per cent dividend,
We better give them the
bonds. 10 viii not amount
Ito anything with us. Some
|Of the large holders Will not
care whether they have the
bonds or certificates, or
they will lend Jueir bonds
Ito the company, AZ they
Inaye done before, or lend
them money. Quigley has
been here, aud We nave got
That One-teuth that was Uu-
lderwoOd's. | have taken q
half, Quigley u quarter, and
you a nuartcr.
Judge Carter wants apart
of IL. AZ some future day
we are To surrender a part
to linn. Yours truly,
"OAKEs AhEs."
4" WASHINGTON, Jan. -, 1868.
"H. ,. MCCoMB-Dedr Sir:
Yours OF the 2sLh Is at maud
Enclosing copy OF letter from
lorrather TO MIR King. | don't
Tear any investigation here.
WHAT some OF Durant's
Trends may do IN New
/ York can't be counted on
lwItn any certainty. You DO
not understand by your
letter " nat / have done and
lam 10 DO with my sales or
stock. You say more TO
INew-YOrk. L have placed
some with New-IOrk, or
have agreed to. You must
lrememJer that 1t was
nearly all placed as you saw
ION Ine list In New-1Ork,
laud there was but about y
Tor 3 Nj Tor me 10 place. L
could not give all lhey
wanted Or they might want
luuJ OF that. You would not
want mo 10 offer less IMAM
ono thousand (M) 10 sny
one. We allowed DuranC
10 place S5S,00O To some
Ithrre or four or his friends
or keep it himself. 1 hare
used taiS ichere a UiH pro
Idttoe most good 10 as iu,tHk.
In view Uf Kings letter
and Wasnburu's move mere,
/ | 20 la Tor making one BOND
dividend i'm tull. We can do
llt with perfect safety. L UNI
ldeIstdnd the opposition 90
III comes from Ailey. lie Is
lon the Finance Committee,
lau0 can raise money easy II
I've come snort, when L
don't believe We SHAH, aud
IN we do we can lOaL our
bonds 10 the Company or
loan them the mOucy We get
tor the bonus. Tue contract
lcalls Tor the DIVISION, ana l
cay have lt. When snail 1
SEQ you la MasmngIOnf
4" Yours Lruly,
"OAKEs AXIS"