The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-09-11

day to me for Credit Mobiller, is:.
| Blaine. Of MISUNDERSTANDING
Patterson: OF New Hampshire..........S'OO GOO
p ntnte; RES psS for euIsIsy OSS
8. ColfaX, Spes :
| schotield 4 Kelley, Pa...."..........2,ooo each
| Eliot. MASSACHUSETTS.
Dawes, Mo sachusetts. ............... 600
Fowler, Tennessee.
Boutwell,, Massa chuseEis. 00O ~
| Bingham and GARFIELD. hto.-........2oo 600 each
Endorsed: OAKRs kkRS.s Jan. 80, 1883.
The act so much deslrsabY the '.lnside
| ring" was passed by Congress, US everybody
yery well knows. An act Twice as iniqurtuis
| could have been pulled through when Wilson
| and Patterson in the Senateaand the speaker
of the House, Mr. C0lfax, and Messrs. Blaine,
| Schofeld, Kelley, Dawes. AEliot, Boutwell,,
Bingham, and Garfield had been brioed, as
most prominent and influential men on the
Republican side OF lna House, Dawes being
then chairman of the comH4$teetpn afhefaonar
and Schofleld chairman of the COMMITTEES on
revised and unfinished business. Boutwell, was
on the Judiciary committee, Bingham and
Blaine prominent members Of the committee
on military affairs, and Kelley nnd Garfield
held equally important positions.
AS bad O showing as Ames's list makes for
the great lights OF the Grant party, 1t ia not %
bad as IL will be when the whole truth ls
known. The Ames llst Is not complete. Il
will be observed that 1t does not include the
name of James Brooks, OF New York. yet Col
onel McComb swears that he received fifty
shares.
But Brooks was not the only one omitted.
We have been informed by one Of The legal
gentlemen employed In the case of McComb
Va. the Credit Mobllier that Robert G.
Schenck, of Ohio, Benjamin NJ. Boyer, Of
Pennsylvania, In the House, and Pomeroy,
Chandler, Cameron, Nye, Stewart, Sherman,
and Morton In the senate, also received q
number of shares. McCom mas the PROOF anu
along refused 10 appear before Inc examiner
anu testify, to produce u.
From the same source we also learn that
Ames pursued the following novel course III
briblng some of these men He would flrst
hand the member or senator q crrt!ncats OF
stock, and. tell him 1t was a good thing ii
asked how much money was required, ne
would say, mot O cent at present" Then In
a few weeks he would again pay o visit and
hand The gentleman o check drawn by The
treasurer OF the Credit Mobllier, and say
sHere Is your first dividend" This nrst OWL
dend was sufficient 10 pay Tor the STOCK at is
nominal value. That The dividends were SUI
acient 10 do This is shown BY The following ex-
tract from Colonel McComb's testimony:
30. What dividend was declared on the
| Cre6it MobilIer stock after the delivery of the
| Ames contract A. My books show that / re-
| ceiyed January 4, 1868, co per cent. Union
| Pacific Railroad stock, 331 per cent. Union
| Pacific Railroad STOCK, gu per cent. Union
| Pacific Railroad bonds. Above dividend was
nm 750 shares. February s, l got from 1t IN
| dividends so shares of stock OF Credit Moollier.
.Jnne II. Ireceiyed 40 per cent. In Union Pacl-
fc Railroad STOCK, with GO per cent. In cash
on $50 shares. July 3, 1868, Is per cent. 10
| stock and rs per cent. 10 Union Pacific Rail-
road bonds on $50 shares. September 8, 70
per cent. In bonds, and 100 per cent. In stock.
| December l9, 200 per cent. In stock. In addi-
iIon TO this, there was lag per cent. In gold
! Maid 10 January, 1868, Credit Mooiller stock,
and y per cent In gold for cash dividends"
The above extract also gives some Idea OF
tho real yalue of the stock Senator Wilson,
| Sneaker Blame and their associates received.
| Bnt we do not need 10 enter into any calcula-
tIons tn arrive at Its value. Colonel McComb
! m this point swears % follows:
so What was the cash value of this stock
| ar the time &c was Issued? A. 1t would sell
| in The market at $500 per share, cash value,
and very little could be had at that-more
| hnvers than sellers o good deal. I was offered
$500 per share for mine snortly after that Time.
20. What has been tne nlgbest value reach
| ed by the Credit Mobilier stock? A. was
| offered 5000 per share for mine. This was In
| 1853. long before this suit began. | refused to
| sell at that time. l considered 1t worth $l.OoO
| uer share, and 1t would have been readily
worth that, honestly and fairly managed, az
The pertinent question which these facts
must suggest TO oil honest and intelligent men
is, shall these men be continued In office!