Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1873-01-15

Subsequently ne met Mr. Ames in Wash
ington and tod HIN that it be would hold
this stock for him he would give up
the letters and suppress the fact of
having received them. Mr.. Amss refused,
and told him to publish letters; all Con.
gressmen he said could be bribed, and one
day called his attention to Speaker Col.
faK's ruling, and asked il he didu't think
it paid to do what he had done for Col
fax, .r .. .r
The cross examination Of McComb re.
lated almost wholly to bis statement about
James Brooks lie reiterated the sub
staRce OF the conversation, but would not
be particular about the time, finally de-
elariug that it was between July, 1857,
aud July 1863.
Ma. ANEs' TESTIMONY.
Hon. Okes Amcs testified at great
length, detailing his connection with the
road aud the Credit Mobilier He said /;
"ln truth the whole case lies in this shoit
COMPASS. In my efforts TO raiso capital
and enlist friends and influence 10 enable
me carry on successfully a gisanic UNDER
taking, by which was ultimately com-
PEELED to ask an extension from my credi-
tors, | had persuaded number Of persons
to agree to take this stock, and when ap-
piled for and got this little remnant ofthe
unallotled stock the value had very mate
rally changed my objects, aud it was con-
ccaled from no one that getting the stock
was to frldll ny engagements at time
that the value was very different. Mr..
McComb conceas that fact and inVs1ts
another, viz; that the stock was not Tor
future contracts or dealings. and the dit-
ference in valus between the subscrition
price and the market value he converts
into bribc." lie then made statement
of the motives which led him to embark
in the G. NJ. and inducing others to en-
bark in it with him, and to the trouble
, which arose IN connection with Mr.. SIC
Comb, which resulted in his charging that
the object of the isuc of the stock to Ame'
, was to corrupt members of Congress. tic
: proceeded to say that "The result was most
of these men declined the stock and hosf
S VINO had long since paid me the price OF
my promise to get the stock, asked me tC
t return the money, and did SO. There
e was another motive now recall tha
o hal an influence in this. A few among
: US, better lawyers than others, were con
e vinced that we were all liable as partner
r IN this great undertaking. We had start
ed as a corporation and without thatishiel'
would never have been connected with II
s But before the s47, 100000 contract wa
Il made, a dispute among US resulted in tn
y compulsory abandonment OF the. corpora
u ton, and this contract was made WIN me
l. and BY me put 10 trustees Tor the perso
: who were stockholders A most serlou
h litigation has now determined that tn
q corporation was not the owner of this con
u tract, but that we really assumed the Pc
IS sition Of partners acting by the agency Q
IS a trust. Will not trouble you with tn
details, they are SO complicated that on
|. court Was unable to perceive this, and
required the judgment of the Suprem
1t Court OF Pennsylvania to make it olea
e that the contract was our individual ntN1 pre-
. terty; 50 were the profits The questlo
9 arose on an attempt to take the profit
d divided as profits AMI dlvldens Of the co
5 poration. | must now go into the partlc
5. ulars relative to the issue OF this stock
i me. You were told that the stock was
y January, 1868, worth more than PAL
r. That is true, though the value stated b
e Mr.. McComb IS very much rHN !, exaggerated
9 The best test Is actual % sales. these wer
y made at l6o or thercabouts, When &c
l. sired to secure the stcck toi 70 enable me