The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1873-02-20
CREDIT MOBILTER REPORT.

The Poland Credit Mobilier Com
mittee reported to the House on
Tuesday the 18th. inst. The stock
of the Credit Mobilier was sold by
Cakes Ames to Members Of Congress
at par whenit was worth two or three
times as much. In thus selling the
stock Ames meant,as he said, to place
it where it would be of the most use.
Having obtained evidence that Sena-
tors in the present Congresssobtained
Credit MobiIier stock of Cakes Ames
the Committee having furnished the
Senate with the evidence think their
duty as to the Senators fully perform
ed, The Committee do not deem it
their duty to make any special find
ing as to Representatives not Mem
bers of the present House. They find
that Speaker Blaine did not take any
stock though recommended to do so
by Ames. Dawes received no other
benefit from his transaction with
Ames than ten per cent on his money,
and, after settlement with Ames, had
no further interest in the stock. SEQ
field, Bingham, Keller and ,Garfeld
had stock or received dividends on
stock. The Committee state that it
did not appear that Ames gave any
details of the relation Of the Credit
Mobilier and the Union Pacific Com
pany, nor did thesparties know thai
dividends would be paid in stock OF
bonds of the latter. The Credit Mo
bilier being a State Corporation and
not affected by Congressional legisla-
ton it was thought than the holding
Of Credit MobiIier stock did not dis.
qualify Congressman fromlegislation
affecting the Pacific Railraad Com.
pany. Ames assured congressman
when questioned on the subject that
their holdership Of stock could not
interfere with Legislative duties. The
Committee do not find as to the
above named Congressman, that they
were aware Of Ames' object, or that
they had any other purpose than
profitable investment, and therefore
do not find anything calling forrecom-
mendations.
The Committee take different
view as to the cases Of Cakes Ames
and James Brooks. In the judgment
Of the Committee the facts reported
in regard to Ames and Brooks would
have Justified their convictions under
the United States statute in such
cases, subject to fine, Imprisonment,
forfeiture Of office, disqualification
forever to hold any Office Of honor,
trust or profit underline United States.
The Committee submit to the House
and recommend the adoption of the
following resolutions:
WHEREAS, Mr.. Cakes Ames, Republican
in this house from the State Of Massachu,
setts, has been guilty Of selling to members
OF Congress shares Of stock "in the Credit
Mobilier of America for prices very much
below their value Of such stock, with the
intent thereby to influence the votes and
decisions of such members in matters to be
brought before Congress for action: there
fore,
Resolved. That Cakes Ames be and is here
by expelled from his seat as a member o.
this House.
2 WHEREAS, Mr.. James BrooKs, a Repre-
sentative in this House from the state O.
New York, did procure the Credit Mobiliel
Company to issue and deliver to Mr.. Charles
H. Nelson, for the use and benefit of saic
Brooks, fifty shares Of stock Of said company
at price much below its real value, wei
knowing that the same was issued and de
liYsred with intent to influence the vote anC
decision of said Brooks as a member of the
House on matters to be brought before Con
gress for action, and also to influence The
action of said Brooks as a Government direc
tor in tue Union Pacific Railroad Company
therefore,
H ReSolUed, That Mr.. James Brooks is hereb,
expelled from his seat member of thi
House.
REPORT OF THE CALDWELL COMMIT