Wilmington daily commercial., 1872-09-24

We learned, few days ago, that the lstte
written by Hon. Jas. A. BAysrd to Col. McComb
in 1868, in reference to tho Credit Mobiher dis
tribution Of stock, was such as presented Mr.
Bayard's action in an entirely creditable light
We applied to Mr.. Bayard for a copy Of this let
ter, and the correspondence published bel.v
was thereupon handed us
WILMINGTON, DEL, sept. 81, 1872.
Dear Sir
As l have no intention, however, to make
myself party to the controversy which has
arisen out Of the disposition OF this Credit
Mobllier stock, il is proper that this oommuni-
cation and the copies Of three letters, which ]
enclose, should be published with my ietter to
Col. McOomD Of Jan. l4th 1868, az together they
contain full and specific statement OF my own
action in reference to tho whole subject.
When my attention was called on the 18th inst.
to a short article in the WILMINaroN DAILY COM
MERCIAI Of the 18th, containing agroundless inl-
putation against me in co lnectiUn with the dis
position OF this "Credt MUbliar" Stock. l at
once addressed note to Col McUomb, and re-
ceived his answer on the same day together
with copy of my letter to him Of Jan. 1ith,
1868 IL Justice to Col McComb also enclose
a copy of the letter addressed by him TO my son
under date of January l7th 1863, after lie had
received my letter OF the 14th Of that month.
You will observe that in his note Of the 18th
inst, Col McConib states that he had at once
sent copy Of my letter of January 18th, 1868,
to Mr. Amas. have only further tO state that
l was in Washington, as Senator, from that
time till the beginning OF July 1865 and also
during the next session OF Congress, from the
commencement OF the session III December, till
my term OF office expired, on March 81, 1863,
and that Mr.. Ames never called upon me, to my
knowledge-that certainly never had perso-
sonRl interview with hun, nor received any COM
municatlOn from him OH any subj oct whatever
Further, that l never owned share OF the
Credit Mobilier' stock, aud that neither nor
any one connected with me ever received a cent
from that corporation, or any other corporation
or person connected with 1t, directly or ind-
rectly.
This mere statement Of facts which have en-
deavored to make succincty, with the copies OF
the letters | enclose, disclOses my entire perso-
nal knowledge in reference to what you deslg-
nate as the Credit Mpbilier Affair." aud my
own action in relation to the whole subject
Yours, Respectfully, ]. A. BAYAED,
10 JAMES McCABE. Esq, Wilmington Del
Copy of letter from Hon. jas. A. Bdydrd to
COL McConlb
wuHNaToN, Sept 1s, 1872.
DEAR SIR :-You will recollect that you wrote
me a letter after l had again become a member
Of the Senate in 1867, in relation to a subscrip-
ton to the stock of the Credit Mobilier to which
date Of your letter or of my answer, but think it
was early in 1868.
have your letter among my papers. but have
not yet looked it up, and being uncertain wheth-
or kept copy OF my answer, you will much
oblige ME by letting me have copy at your ear
liest convenience / have distinct recollection
of the substance Of your letter and Of my answer
but as | see this morning that one of our papers
here has seen fit to impugn my course in relation
to this matter, may think il proper to state the
Fan II UaNA oil lAa sNfT.a -,
kindly feelings arising from our previous relation
OF counsel and client, and have NO intention Of
making myself party to any controversy on the
subject, but simply il | notice the publication
a all. to state distinctly and specifically my own
action. Yours, very respectfully,
j. A. BAYARD.
Col. II. S. McCoMB.
Copy letter from Cot McCOmb TO Hon. Jas. A.
Bdydrd.
WILMINGTON DEL. Sept. 19 1872
DEAR SIR:-I remember, very we'll, your reply
to my letter calling your attention to some Credit
Mobilier stock copy of which at once sent to
Mr. Oakes Ames at Washington.
Agreably to your request, herewith enclose
to you copy Of your letter OF January 14th 1868
being the only one l received from you on this
subject.
Very truly yours.
H. S. McCoMB.
Hon. JAS. A. BAYARD, WILMINaToN.
Copy of letter from Hon. Jas. A. Bdydrd to
COL McCoHlb.
wAsHINGroN, Jany. 14th, 1868.
My DEAR SIR:-I recsived this evening your
letter Of this date, informing me that Mr.. Ames
Of Mass, had one or two thousand dollars Of
stock in the Credit Mobilier for me. My son, in
a letter which received this morning, Informed
me OF your short conversation with him and
that 1t was to your friendly feeling | was in
debted for the subscription to what you tell me
10 80 hpNaVar II tarIy in
the dark as to the nature and object Of this
corporation. and you will oblige me if you will
give my son as much information az you have
in relation to them.
| do not know Mr. Ames personally and must
wait of course till he addresses me Oh the sub
ject. take it for granted that the corporation
has no application to make to Congress IN which
l shall be called upon to act officially as could
not consistently, with my views Of duty, vote
upon a question in which | h"d pecunigrv
interest. Whether become the owner of this
stock or not, an obliged to yon for your hten-
tion to benefit me. As mnst Of course pay for
any stock get, please let my son ha, Q full in
formation AZ to its prospective value.
Yours very truly
j. A. BAYAaD.
H. S. McComb.
Copy of letter from Col Mocomb to Hen, T.
4. Bayard.
WILMINGTON, Del, Jany. II, 1868.
NY Dear Sir = The Credit Mobiler Of America
is the inside riug-so to speak-of the great
Union Pacific Il. Il. Co.. and is a most excell1nt
Investment. l have over two hundred thousand
dollars in it, and would take as much more if
could get it at any reasonable price above Tar
Neither company ask any Congressional legi- la
ton and are not likely to- We have too gool q
charter to seek any further privilege. We shall
continue to hope to be let alone-nothing more
have too much respect for you and YOU
father to have made this chance for him with
any view to control his Judgment or lis acts
Some public man was destined to get this "good
thing and am determined to turn portion oi
it to my friends-hence this privilege to him.
Please say az much to your father.
] am truly yours
II. S. MoCJMB,
THos. +. BAYARD, EsQ.,
Chicago meditates Il, 100000 opera house.