New-York tribune., 1872-09-27
NIB. coLFAx AND THE CREDIT MOBILIER.
REMAINDER OF HIS sPEECH-HE DENIES EVER
RECEIVING FARTHING OF STOCK-THE

REMAINDER OF HIS SPEECH-HE DENIES EVER
RECEIVING A FARTHING OF sTOCK-THE
NEWSPAPERS CALLED UPON TO RETRACT.
The following is the remainder of Vice
President Colfaxs speech at South Bend, Wednesday
night which was received too late for publication in yes
terdays TRIBUNE:
am proud TO say that in all MY public life
ever dared TO make me a dshOnOraDle proposition. do
need TO add neither Oakes Aines nor any other
person gave offered TO one share or 70 shares
or 900 shares i'll MOber any other railroad stock,
ana that unfortunately have never received the value
OF farthDg out OF the 20 per cent dividends, nor the
500 per cent dividends in cash. stock, and bonds You
have read about every day for the past month"; nor one
hundred per cent per cent nor Oneenth OF one
per cent have said that If twenty shares Of 1t could
be purchased at par, without buying INTO prospective
lawsuit it would be a good investment, If 1t was as
valuable stock as represented; and have saId that
would like to buy twenty shares at par attalnaDle, III
the studebakes Wagon Company the Birdsell Glover
Separator Company here. challenge either of the two
companies last named 10 give me such an opportunity
now OF hereafter But never having been plaintiff or
defendant III court Of justice want no stock OF any
kind, at any price, with lawsuit Oh top OF IT; not even
with prospective dividend of $2200O which am free
20 mantain neither Of these good eyes OF mine nor
this pOcketbOOk have ever seen the first dollar OF
it, although t is SO positively asserted That have been
ago. Here might stop, but some of these papers have
day after day TO hear from these gentle
men whom they would have been quick TO defend D-
stead OF asperse few years ago that must continue
tins exposure have determined that notng that can
be said or that be charged nsnuated against me
In this canvass shall induce me TO say harsh word in
reply, 10 answer railing wlth ralhng' and
YOU Will notice, therefore, that L abstain from
using language which tho very mIdest OF you
would employ II your neighbor had sought
10 backen your character day after day as infamous
The favorte correspondent OF the present Oeogo Ir
uue Gath" instructed, as he states IN his recent
letter investigate and write up Tor that paper the
Credit MOber. / shall refer now TO one single para
graph, OF his many columns so oconspcuousy printed
In that paper with sensational headlines ana largely
copied in The NEw-YORK TRIBUNE. He charges that
speaker Colfax and Speaker Blaine kept Oakes Ames
out OF the head OF the Pacific Railroad Com
mittee-a petty untruth, MIR, Ames having only
In the paragraph he says: Ames carried through
Congress scandaons proposition by winch the Govern
ment abandoned ITS hfst mortgage VI tns nghWdy anu
allowed the private mortgage bond OF the railroad 10
take precedence AND TINS is repeated eultorany an
The Chtoago Tribune Of last wednesday nave aready
shown YOU from BOwless letter or August 1862 that
this already the law before capitalists Were induced
by the influence OF r6prtsen Ol the anu
Chicago Tribune, and myself 10 accept thl very pIepo
siuon OF Congress, and TO risk IN what many then
urgently appealed 10 them TO invest ana TINS very
proposition which Gath" denounced as scandalous ana
The ChicdgO Tribune now den0unces edltOrlaIy, was
supported when passed, by Messrs Sumner, Irunbull
and Julian, we'll as by Mr. AInes and an Oyerwhelm-
dollar In the Pacific Railroad till after the letters Of Gov
Bross 70 me chicago Tribune, OF Bowles 20 The Spr9
neLd Republican, and after Mr.. Richardson's 10 IHE
NEw-YoRK TRIBUNE had been publshed; more than
year too after this enactment by Congress in 1854
his letter that Ames was able, with half Of the most
eminent OF the Republican party, 70 collect from
tbe United States gross sum for carrying the mails
over this road while at the time he paid In
terest on Government bonds. with tins charge are
others. That railroad has never received, nor never
claimed but half Of gross snm for carrying the nails
the other half having been always retained and applied
on the interest of the bonds; thus Secretary Boutwell,
desired in 1870 to retain the whole but the senate Judi
cary Committee having been instructed 10 examine
the question, decided that the Congress charter
authorized only half to DO thus retained, and Con-
gress so reGnaced After twelve pages OF debate IN The
Globe the Senate thus decided by SO Senators rum-
bull and Thurman both speaking and voting In ts favor
The correspondent concludes this paragraph thus; In
short, the Union Pacific Railroad frst begged loan
frOm the United States OF from $4,000 10 $4,000 mile,
and then robbed OF tho interest OF the loan forced
the loan itself back 10 contingent place, and pasted IL
.fha and tyafa Loan nI lla nVIn "A
then swndled 1t out Of the whole gross sum for the
mail service" The charges are very grave, and II
true would blast forever the character Of the men
capable OF such conduct and give color and cOntrms-
ton the original charge OF bribery and corruption.
The only necessary TO them is and not only does
The CONGRESSIONAL GLOBE, as have shown, prove their
and prOpretOrs Of The Chicago Tribune know OF their
knowledge that there is not particle OF truth in
any these sweeping lshcatons OF their correspond
amid all the excitement OF a. political campaign, Is
mystery 10 me- Let me ask you now II the public have
not the right 10 demand from the editors and
prOpretOts Of these two great newspapers, the
New-York and Chicago IrbuneS. some per
sonal explanation. Day after day their papers
have been ned with ipnuendOes and charges, of
could not possibly be true and nearly all the rest OF
which they well knew their own nes explained or dis
people OF the United states suspect number OF their
prominent men, and the builders Of the Union Pacific
Railroad generally as band oi thieves scoundres, and
swndlers; and they have demanded that those assded
should be heard from Well, they have heard now
calm, dspassionate statement from OF the men
whom one Of the 7rfbunes stgmatiZed as the Twelve
Apostles who sold out 10 the Credit MObier at $4,000
piece. i submit In sOrTOW for those who bear false
witness against their neghOors, that clearing their
0wh skirts from the scandal OF their course, Is The next
tning now In order.
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Mr.. Thaddeus w. Meighan will edit new