Wilmington daily gazette., 1872-09-28
THE GREAT BRIBERY.
More Light on, the Credit Mob,l,sr
fraud.

IL
More Light o7l l:.ssc: scs Credit 'aes'''sr
ANOTHER LETTER FROM GEORGE A,rern
TowHssND-sTRoN0 kvIpENcE AGArNsT
BLAINE AND coLFAx.
From the Chicago Tribune.
WAsMINaToN, Sept. l5.-The books Of the
Union Pacific corporation are now in the citv
Of boaton. Hence the mystery involving the
Credn Mo1il'er-which We may call the Ring
Of Union Pacific Directors and STOCK HOLDER |
| who get the bonds, pnt the road down cheaplv' |
and fitch the remainder the aid Government |
gives them, and The difficulty Of getting at .y
| OF the facta, although the people know that one
Of the most m0nstrous and impudent swindles
ever pespetsated upon . magnsnimous nation
was the oct Of that Union Directory, Of which
Oliver Ames was President and Oskes Anne.
the Congressional Agent. II will ever be a sub
!ect o. scannsi to an inqniring poaterity that
Schuyler CoIfax as we'll a. his successor. James
q. Blaine, kept at the head Of the Pacific Rail.
road COMMITTEES, in the House of Representa-
,iveA this Oakes Ames. he was a large, heavy
set secretive shovel maker, from the Taunton
district OF Massachusetts, who kept his pocket
full OF free passes over this railroad, and dealt
them out Judiciously to whoever might he able
to DO him good or injury. A member Of Con-
greas and .. auch obligated to protect the Gov
/ VSs"uue"s u" ASo PiOpCty tue aCluC n0lIV8vA,
, Oakes Ames was all the while member Of ihe
Credit Moblier, and brother Of the President
OF the road He never made proposition con.
cerning this road which did not become the Law
E by act OF Congress- He carried through Congress
g scands'ous proposition by which the Govern-
rnent abandoned its first mortgage OF this high.
way, an! allowed the private mortgage bonds
a Of the railroad company 10 take precedence, and
crowded the Government with a second mort
10 suht al. l,s.x e a.. A.
most eminent men in the Republican party, I,
collect rom the United States the gross sum fvl
carrying the mails over this road, while at thu
j. same time, he never paid the interest on IN,
Government bonds il accrued. In short, III,
II Union Pacific Railruad first begged loan iron
the United States oi from sixteen to sixty thou
sand dollars mile, and then robbed il Of .h
interest ON the loan, forced the loan itself bacl
70 to contingent place, an, passed it over will
II another and private loan Of its own, and thel
swindled II out Of the whole gross SIMS for III
Z mail service.
he THE FIGURES.
es The Credit Mobilier. it appears, built nearl
al the whole Of the Union Pacific Railroad, .
ty lO3S4 miles. which was little more than III
=. Union Pacific now retains. 1t really built lO3
:: miles. but sold To the Central Pacific s,llse
:" quentiy all that portion OF the road betwee
10 Ogden and PrOmOntory, and now owns less b
no 81 miles of rail, than the Credit MobiIier,
he stool pigeon, built. For this l,O3Sl miles
,at road the Credit Mobl:ergot United States bon,
,, amounting to more than ST., $50 600. besd
"a. l2OSO,OOO acres Of land. Upon this land wei
issued per cent. land grant bonds 10 Il
ol amount OF $40, 100000 The capital stock
AS the Credit Moblier. meantime was 81 900 shar
The at n par value Of 500.
es, Exactly how designing and successful Ill
as. transaction was, has come ont in the letter
mt Oakes Amcs To II. s. McComb. According
~. AMess own admission in this letter, the Cred
."- Mobilier paid less than $25, 900 mile to bui
." the highway, or, 10 gross, $25 900, 600 In 18
ew the Credit M0biiier declared a dividend oi
lin per cent on So $50. .OOO and il appears probal
un- that the partners in this transaction have &
nt's already in stocks and bon.l. more than SIOl
his 0OOO 900, while they laid out about $25. .OOOO
tad which was less than the amount of tls snbsi
Iii, SIX per cent. bonds given in the frat place. 7
letters from Oskes Ames are valid aud undou
ell; they are written by him and appear in
handwriting; they were indiied in the
couIsl Of business, and are now about four Va
aild hafold. They show the secrecy, the
oa' snltry, and the ingratitude Of the corporaii
which could receive such an amount Of he
IeIe and abuse the Governments confidence; q
they show, more than all, that il was mem
Of Congress who wrote these letters. and be j
iss ., plicated, in all secrecy and seriousness, n
"S whom the country has delighted to honor
Take some sentences from the ~Amss letter
LIZ "nt McComb. dated Washington, January %, 1s
nal nai while Ames Was member Of Congress un,
f'' oath. He says: "The proposition to make
~; bond dividend in full comes from Alley. H
tsr on the Finance Committee, and can raise mo-
mr. easy il We come short-whch don't believe
, Ii. shail-bus il we do we can loan our bonds.
ring contract calls for the Division, aud say b
eral it,"
in Now, how cAlld Alley raise mopsy eaay
ring within . ring, because hehappsnsd ia
on the Finance Committee? And what ri
had Oskes Ames 10 infer 40 much upon his
ther league, Amos himself being member Of I
orm. gre,s? The whole gist Of this corresponds
and is " prove that a number Of Congressn
The blackmsilers, scrougsrs, etc, had become av
and Of the swindls perpsirsted upon the Trsasur
} the the United States in the name Of the Uu
the Pacific Railroad, and had pushed in
11in9 various pretexts, and demandeds share of
,rn! n."k spoils.
He
teen An enao0tlAl of lownaln 80.