New-York tribune., 1873-01-29

A. III was tho night after nc Onereu tne reho"
tion, and 1t occurred at the dinner table at the Airing
ton; Twas laughing at him, and told him he had got
hold OF the wrong road.
@ You very positive that Mr.. Stevenson had no In
formation whatever from you before he offered the
resoutionf A. am, Sir.
q Then the allegation Of Mr.. Stevenson Ia not sup
ported by youi A, No Sir. .so
other day that he had the conversation with Mr. Steven
son after he tstevenson) offered the resolution
stated here, Mr. Ames that your recollection dates
is not very distnctf A. Yes. Sir. .,u
was formed did state to Mr.. Stevenson that he had
been over the road there is but one larger stock
the amount of stock held by himself believed he Sub
remember date when ho had the with Mr.
Stevenson but knew after that gentleman offered
him about the resolution, aud telling him steyensonl he
had hold OF the wrong road never heard OF the resou
tion until Mr.. Stevenson offered II.
STEVENSON RECALLED.
Mr.. Blaine then questioned Mr.. Stevenson as folows
Did you have anony other kind Of letter from
Iowa this subject before you offered the resolution
A. None whatever.
@ Have you ever spoken OF having received such
letter 2 A. No, Sir.
O. Did you say 10 any one that you thought you
had caught the Speaker A. don't remember.
q Did you have such conversation with Senator
Stevenson OF Kentuckyf A don't remember had q
conversation with him ON the subject. 80
O. And you said, 81 have caught the speaEerT A.
Not i'm that rough way: | NAV have mention ed that
had something that would impicate the Speaker land
grants.
@ DO you think your controlling motive for the
public good catch the speakeri A Nv object was
10 catch the Speaker if he involved in this road and
said further that Speaker of the House
gagged in such transactions 1t Was equal to deallng IN
Credit Mobilier stock
TESTIMONY oP SPEAKER BLAINE.
Mr. Blaine was then and made the following
! statement:
The Iowa Falls and Sioux City Railroad is about $50
miles in length. 1t was begun in 1862 and finished in
the Autumn OF 1870 1t never received acre OF Land
by direct of Congress The State Of Iowa gave 10
the Company the remnant OF the old land grant to the
State in 1885, amounting trine 5000 acres 10 the
mile. The road was'built by contracting company
entirely for cash. The capital OF the contracting com
pany between and 81 900 and the amount
necessary for building the road was levied on the STOCK
holders of this Company pro rata by direct assessment
The total assessments were 'hink about GO per cent OF
company my particular and highly valued friends'
Messrs A. aud T. Coburn the wealthies men IN Maine
stock and paid their assessments in hard cash.
perSod think. of "bout is months The road
finished TO the last rail and spike by the payment OF
bonds on the road for $500 per mile and stock to
amount OF $4,000 The bonds at the tmeof issue were
company got securities worth G 900 per mile in cash,
when the construction OF the road had actually cost
them about $4,000 per mile cash In advance Their prot
was prospective the anticipated rise OF bonds and
stock-a profit not yet realized. In January last just
year ago. settling up some business with the Messrs
Coburn took from them quantity of the stock OF TINS
road for which paid about 90 in cash. That was the
first OF my ownership in the road hold the STOCK IN
my own name and the transaction is one which Con-
gress in my Judgment Is no more called upon % eet 20 IN
expenses OF my household But, at the same tlme
wish the Committee 10 understand that make THIS eA'
planatiOn without the slightest reluctance.
CRoss-ExAAISED.
In 10 questions OF Judge Poland, Mr. Blaine
testified that he had dollars worth OF interest in
the road until 1921 that the road chartered by the
state the land given by the State, and it was ac-
n,tT1 1,lr
before Congress for anything and spoke as follows
must say with all due respect Mr. stevenson's better
Judgment, that / consider investigation into the
weekly expenses Of household as legitimate ms this
Judge Poland-Do you know Of any other members OF
Congress interested in the road A. Mr. Ames says no
is and F. A. Pike, formerly colleague OF mine, pur-
chased $4,000 worth OF stock In ~ he acquired IL III an
BY Mr.. McCTary-Has this road any connection with
the Union Pacific roadi A. Not the renotest III the
world no than has with the Baltimore and Ohio
or the New York Central.
Mr. Blaine further testified that he owned SIG shares,
for which pad 500 dG aa rs eVsr sGs Oesn Sa up 70
this time they had not llaughter he was not gener-
Nv Mr. steyenson-Do you know how much the Co
burns invested A. II you want to put them OH nVesu
O. What was the nature OF your transactions with
them A. DO you mean In regard to this matter, or
Won would like an interest I'm this railroad Mr.. Steven
son sell it TO upon slight advance over what
Mr. stevensOn-ihank you; prefer to wait until
get Out OF Congress. a., .,,-,
reat augherl, and viii agree to take II all on your
hands when you are reeesed M & iagne @ ths lat
ter testified that lie sold some bonds OF the sioux CITY
Road 10 Blaine thought he sold him 5000 but could
HV Mr. Blaine to Mr. stevenson-Ask me; I can tell you
honeht 90 900 worth OF bonds from Ames, and paid him
10 cents the dollar at another time bought think
$4,000 in Boston from him, for which, believe, PAID
Winter of 1870 or ls7 turned them into the Messrs
Coburns partly at one price ana party q. ss
with Messr Coburn is very large, embracing timber
udSe Poiand-That is not germane to what We
NJ tmes was further questioned by Mr. Stevenson.
and testified that Mr.. Alley interested with him
Nmes in the Union Pacific Raidroad as well a. the Gre
dit Mober thought MT Allison was Interested N .he
Alley were interested In other roads IN iowa. All OF
he ea at ns ese lseei o M to
Mr. stevensOn-I have no personal Interest," the Com
mttee required me to come here. an ,
90 into all these things outside OF the resolution
tins investigation commenced, and am not satned OF
| IL now. ,,r - - -. .,,, i,h ,,ts
no,t 81 the case The name OF Senator Logan
TONED two ago, and he is here at my request 10
make statement. In,
Senator John A. Logan was then sworh' ana 'es'ineu
80 TESTIMONY OF SENATOR LOGAN.
Ihave seen the testimony Of Mr.. Ames given before
the Committee have nothing whatever 10 conceal in
this transaction far as am connected with t; hr.
Ames said agreed TO purchase certain stock did 30
In 1867 or 1862 agreed with him to purchase 10 shares
OF the stock at par paid nothing to Mr. Ames at that
time and received stock; On June 20 following Mr..
Ames came to and said this stock was entitled to
dividend or dividends; he made statement and gave
it TO me- which showed that the dividends the stock
up to that time paid the amount due for and ieii
la ance OF s329; Mr. Ames handed me q check for the
amount; had paid Mr.. Ames no money and he haa
me no stock certificate Of stock took the cheek
Win the understanding that did not conclude 10 re-
celve the stock afew days would let him know kept
he check three oour days before asked cash upon ~
then presented H 10 the 5ergeantat-Arms. orsn his
oftce and received money; retained 1t for few
dsvs and thou ght tho matter; IN the meantime