New-York tribune., 1873-01-07

Company at large A. This stock apportoned was 10
be taken from the general treasury you asked me
could remember anything ese-I do not / remember
something else very distinctly which would like TO
state refefence s made In OF Mr Amess letters 10
| Durands action in New.York and Washburne's move
here Mr.. Ames wrote to mel not he told
metha E. B. Washburne OF Illinois, In his place In the
House. had msved some kind Of investigation the
affairs of the Union Pacific Railroad do not reeoect
the precise point Mr. Cofax was in the chair ss
Speaker Of the House. and by some parliamentary ma
peuyer they blocked the game and defeated 1t; Mr.
Ames called my attention TO IL, and asked me II did
not think that in Mr.. Cofaxs case the investment, had
paid reference the records OF Congress would hx
about the day. and show what Mr.. Washournes motion
was, and what Mr.. Cofax said,
O. You stated that you solicited to sign paper
contributing portion OF the general stock to be used by
Mr. Ames for distribution among members OF Conressf
A. No, Sir, I did not say that; did not say undef
stood the purpose which TO be used said at
the time presented TO me for my signature was
meeting Of the trustees appointed TO execute
Mr. Oakes Amess contract; am not sure whether MI
oakes Ames's name on the paper; oliver Ames's
name was on paper and several of the large holders
OF the were the presentation OF the paper 10
matter Of surprse II the STOCK was " DO SOFA
properly, 1t could have been done by the
officers Of the Company without any uch agreement;
competent for the President Of the Company to
have sold any Of the stock the treasury II had been
on fair basis without any such assent by the stock
holders they wanted to have the consent of the largo
stockholders for portion Of the stock TO be placed In
Mr. Ames's hands as have stated.
O. Was the use he made OF it discussedf A. No, 10 was
not specified; said, had angry discussion at
that meeting with trustees think all the trustees
present. and they assured that this STOCK should
not be chargeabe against my stock; they me
general statement In regard the paper, and finally
put my signature it-I think the last the paper
40 understood you then, that you gave your assent
to that arrangement whatever 1t was, without having
disclosed to you what the purpose for which the
stock was to be used A. Yes Sir did not know what
1t was to be used for they just asked me to sign the
paper special purpose without disclosing the pur-
pose; did not know whae TO become Of the stock
was very careful to receive from them the assurance
that it should not affect the stock claimed by me.
O. When you came TO learn from Mr.. Ames that IL was
used for distribution 20 members OF Congress did you
remonstratef A. ibid, most assuredly; told them
should demand that stock this suit began in the Fall OF
1868 notice served upon Mr.. Ames about the l0h
or nth of November 1868; in the original bl made no
reference to members Of Congress.
THE AMOUNT STOCK AMEs RECEIVED.
By Mr.. McCrary-what was the total amount OF stoch
to be transferred to Mr. Ames under the original agree
menti A. think, as far know, he got 5J5 shares;
he was to have $50 original shares with the accreton
making In all 375.
O. Was the amount named in the paper you signed
A. Not that recolect ii very unusual and I'M
wise thing my part to sign paper had not read.
O. Do you know whether it was all transferred TO him
at the time or not think he got il at several diff
ferent times my recollection is that the first he drew
was so shares and then there second nstallment
think saw his name down for the first nsta nent for
80 shares or perhaps it wasl00
O. Do you know OF his drawing % shares al any ono
time A. No. Sir; not applied to to sign the paper
for that in fact TO that he had got por-
ton of this stock before that; did not know at the
time signed paper that there another trans
shares do not know anything about that
it was part OF the stock think hut never had
any conversation with Mr. Amcs about IT. had no ex-
pectation Of any intention to apply the stock had
claimed for purpose until Mr.. Ames said, as have
stated "There stock to give you you consented TO
my having the balance OF my stock" something Of
that kind.
Q. Have you given all the names OF the members of
Congress of the present House mentioned TO ny Mr.
Ames as having received shares of this stock A. There
may have been names Mr.. Ames's list than l
have written here these all able 70 note
he read the names I wrote them down az rapidly ns
possible did not ask him repeat the list. for
afraid he would not do il.
O. Did understand that he gave yon another het A.
He gave Of another occasion prior 10 this
time he did not kn ow that took any memorandum
It.
BIZ the Cbairman-If yOu can find the first memOran-
DUN of names mentioned by you you will produce 1t,
and the Committee also desire you 10 examine your
spOndence with Mr.. AmeS, ana produce any
other letters this subject you may have. A. will do
what can; [ have gone correspondence with
Mr. Ames at all on this subject
BY Mr. Niblack-You referred to Mr. James A. Bayard
OF Delaware and spoke letter from him in regard 20
the matter what has become OF that letteri A. Mr.
Bayards original letter think have among my papers
copy Of t was sent TO Mr.. Ames in Washington. AZ
was requested by Mr.. Thomas A. Bayard, the present
Senator from Delaware ask the indulgence Of the
Committee TO have his fathers letter produced cannot
produce IL now; If can find IL will furnish IL with
pleasure to the Committee.
Mr. stated that he did not wish TO crossexamine
the witness
TESTIMONY OF THE HON. OAKES AMES.
Cakes Ames, a member of the United States
House of Representatives having been duly swon made
the following statement
The charge that received from the Credit Mobiler
$50 of its stock the purpose 0feorruptng
members OF Congress; that while ia fact paid the
Company the par of the stock yet its actual value at
exceeded par that the difference was in
reality gift and the subscription mere sham 10
cea the transaction This charge based the test
mony of Col McComb, as TO statements made him and
letters wrote to him. propose 10 state the facts
to which Mr.. McComb mas referred they really exist
truth the whole lies this short compass: In
my efforts raise capital and enlist friends to enable
meto carry on successfully gigantic undertaking, by
which was ultimately compelled TO ask extension
from nv creditors had persuaded number f rereons