New-York tribune., 1873-01-29

/ .a,r two weeks absence; witness knew OF note
~ s,o ,,o executed by the Union Pacific Railroad
CIV and given to the Credit Mobiiier
Il W ,ha Chairman-Do the books show thet anything
40 from the Company to the Cr6dit mobiier A.
t state positively but soon after this tne Creui'
en''.s as debited on tho books of the Company as
- some 10000 or 100000.
s A. the time che was given, 80 far from the
P,cfac Railroad Company owing s1,ooocoo or any
W. .m the Credit Mober was indebted to the Union
GA, Railroad Company A. 1 am In DOUBT as 10
the Cr6dit Mobilier O creditor OF the time
W. uas given; witness knew of q sale OF bonds by
,,;on Pacific Rllroad Company on the lst OF Janu
IN the amount Of a 600 900 or 100000 they were
81 q Bushnell as agent; the income bonds we're
-, al so per cent the land grant bonds al 10
~,eot and tho bridge bonds st s. per oenti the
r,ees sold stock TO the same parties no money WAS
FS,o tho Company from subscriptions there was an
onnt o, John A. Rice Treasurer OF the trustees.
~ srasoribed for $1,000 shares which represented
800, there was "a credit TO Rces account; 1t was
N,,s,vely paper trdnsactOn $4,000 were paid on
rpt of 1000 income bonds; the remainder OF the
-. were outpledgod as collateral, but as the loans
,,,ed they were turned over TO the parties paying
. ,hem witness testified os to the shortage OF bonds
0o renoval Of the Union Pacific Railroad office from
- Work 10 Boston. BOuds 10 the amount OF S.OO'OOO
~. missng Some Of the bonds were traced and found
,..r after their loss.
:. cote OF theI Committee j. f. Wilson was privileged
,n,rrogate the witness concerning that part OF his
.t,mopy in regard 70 him Wilson). Mr. Wilson then
ly questioned the witness, who said that on March
,y he handed 10 MI. Wilson check for $4,000, In the
s. AZ the Union Pacific Railroad Company, at or near
A.st the note was first made payableito the order
pess and then 10 the order of L. Il Rollins, paya-
-. the National Bank OF Commerce, Boston, which
- ,tusted in tho same building with the Union Pacific
pnro.d Company the witness had not stated that the
Aos WAS payable TO MIR. Wilson, but that it was deliv-
"a % him he thought by the direotnn OF J. NJ s. Will
u.m. the Treasurer Of tho Company.
Mr. WILSON DENIES RECEIVING TuH CHICK.
s wilson then said that since he had been connected
9TH the Union Pacific Railroad, ana be director
Thai time he had never handled dollar, except such
hsd received for his official services and the prepa-
.on Of pamphlet. for which he had received small
uount all his vouchers made out regularly and
,shsd received no money for himself for any other
rerson from the Union Pacific Railroad Company ex-
n, a. he had Just stated he desired that the check
,.,.rred TO by the witness might be obtained, and
.yary person through whose hands 1t passed
might DO examined, ne had ne recollection
n ever having been In that bank, did
b. know that ho acquainted with or
sad ever seen any person connected with that nstitu
tin II be had presented the check TO the bank the
hank would no doubt have required his Endorsement,
D. one to identify him. Considering the large amount
Of money stated the ohock he would here state in the
p,sseace OF MI Horace f. Clark the President Of the
Tnon Pacific Railroad Company, that, 50 far from
having anything TO do with the money Of the Company
hs had declined the request Of Mr. Clark 70 act as
counsel of tho Company not wishing place himself in
position which might give rise to miscOnstruction.
Kr Clark remarked to Mp. Wilson: " Aud you may
J that mover asked you TO take part in any egisla-
TIVE matters"
M wilson resumed saying ho had studously abs,aned
fn doing anything which would look like endeayoriDg
10 tonfuenoe Congress any member of Congress con-
rng egisatiOn from the time he left Congress to the
resent time Mr. Clark had just called his attention
b the fact that he would never under any circum
ranoes. allow any money Of the Company 10 be used
ti such purposes.
Mr. Clark interposiDg: "Nes, not one cent 70 De so
usd"
Mr. Wilson, resumng, s0id the check Imight have been
scd in his possession to be handed to This
vas the only way in which he could account for its
be;ng in his hands. Mr Spence might have asked him
% hand it to somebody but he did not recoect even
fs In conclusion, he emphaticaly denied that he had
ever handled dollar used dollar OF the money
.,sesented by the check, did he know where the
pcy had gone TO- or anything whatever concerning it.
h ssply to a question OF Mt sheabarger Mr.. Wilson
n, he was IN Boston IN March, 1871 being in attendance
Al tho neetng tho Directors. or whom he was one.
H. Committee then took until O'Clock this
OS.ag
EVENING SESSION,
s1e wilson Committee met tonight at u O'Clock when
fsr,amu F. Ham was recalled His testimony was as
fllovs
BE vas Auditor Of the Union Pacific Railroad from
pune 1867 until October 1870 and AssistantSecretary
nd Treasurer OF Credit Mobcr from December. 1863 to
NAV 1870 He was examined as 10 the cost OF building
RE road from Omaha and the hundredth meridian This
Involved the examination OF number of books OF the
Sarosd Company and Credit Mobier. He said the COT
rss OF road cost the Union Pacific Railroad Company
kRJs1s under the Hoxe contract the Credlt MOoiher
Dsde y ,232 profit. -,., -
made Of the profits, the witness replied The Credit
Ebar purchased bonds and STOCK OF the Union Paelnc
RsilrOad with their money then sold portion OF the
bck 10 their stockholders, divided some OF IT, ana
so esye bonds 10 their stockholders The statements
o' the witness not clear to the Committee as
sbey desired them to be- though he sought 70 enghen
them reference to the books and with accompanying
fomaris
Tae examination was continued for several hours, and
Gle Committee adjourned until tomorrow.
op,cyN- Or, urfr, CDUnTr NFnpyT TED