New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-09-21
eay contracts with itself 10 build the road, and that
tho enormous figures they exhibit as representing he
cost Of the road are absolutely fictitious.
CAKES AMEss POSITION REVIEWED.

70 ne Bdffor Of TIE Trtbane.
SIR: Will Mr.. Cakes Ames tell what he
meant in his ettero 25h Of January 1862 when he says
he had spoken to Fowler about his stock and which
he says have assigned 30 far as have given to-
four from Massachuset froml New Hampshire,
one Delaware one Tennessee, 0nehah Ohio, two Penn
sylyania one Indiana, Maine and have three TO
place which shall put where they win do most good
am here on the spot washngton and can better judge
where they should CO." In this letter he "has spoken
TO Fowler about his stock" he has" gwen 10 tour
from Massachusetts, 3" would such language be appned
to other individuals than members Of Congress "from
states What could be the object OF getting ordinary
individuals from these States to become stockoders
and strange say, of all places IN the world to go 70
Washington for capital to build the Pacific Raroad'
But it is perfectly clear that there was no difficulty IN
getting subscribers for cash anywhere for this Stock
Col McComb and James Fisk, jr, had both subscribed
and offered pay In cash the subscriptions mcComo mao
paid but could not get his stock 1t was wanted Tor tne
region OF Washington TO be "gyen" away But 70 emo
this foolery OF all pretense that thisis anything but u
aduterated bribery let Mr. Cakes Ames publish the let
ter TO him OF Col McComb OF 2d January 1863 It viii DC
clearly seen from this correspondence that Col meComo
claiming his stock and that Mr.. Cakes Ames Is trying
TO reconcile him to the scheme OF purchasing members
Of Congress with this stock, by showing McComo that
by ths MEANS the stock which he already holds VIII De-
come SO valuable that he afford to give up his claim
this stock The correspondence OF both sides wli
make this too clear for cay
There is but one mode OF escape for Mr. Cakes Anes,
and that ia squarely TO admit trying to cheat
McComb with this story of brbng members OF Congress
conceal the appropriation OF the stock to his own pur
poses by making himself the eapegoat In this way for
members of Congress, he may throw thin vail over the
transaction, but then he will make himself accountable
to those who subscribed for the stock and he will have
to the whole trace Of the stock, aud what became
OF the dividends on t. Produce Col McComb's letter.
Mr.. Ames claims that being on the spot in Washing
ton he can tell which four from Massachusetts," lean
do most good to u.s." Let them have the stock at par
and profits made In the future" Ia not clear from
this the refusal to let McComb and other subscribers
have the stock, that these -four from Massachusetts,"
were to get great bargains because they could do most
good for usp Pray who in Washington could do them
"most good 81 Who but the very PERSONS to whom tho
profits did co. or all the prOGchable men In Congress-
il will bo admitted that Ames did select those who could
do most good to u.s." "Te 90 per cent increase the
old stock want for distribution here Washington
land soon" "Alley is opposed to the division of the
bonds says he will need them" &c. &c. Now does this
not mean that the bouis to be given away, when
Alley says they would" need" them, that is to realize
from them 10 bull the rOadl II Mr.. Ames we're giving
them for q consideration In money, that would meet
their " need, }" ana Alley would have no objection A
part of the purchasers here are poor wilson Gu all
aud want their bonds 70 sell to enable them TO meet
their payments the stock in tue O. NJ What dld the
Company want with such subscrlOers VINO nad I'd DO
furnished gratis by the Company with funds TO pay for
ther stOckl Ii the inference inevitable that they
were to give valuable consideration IN some other form
than money! Where could four from Massacnu-
setts, &C. be obtained except in Congress, VINO cOud
give some thing else than money as consideration 10
entte them to this munitcent present OF stoeSt wiz
Mr.. Oakcs Anes explain -
heU- lOTH sept. 20, 1871