Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-01-21

/ Judge Poland.-hr. Nelson says he never
Mr.. Brooks.-Mr. Dillon says he has been paid.
| So II is
A QUESTION OF MEMORY
between Mr.. Dillon and Mr.. Nelson. The secu-
rites which Mr.. Dillon got at the time were
worth more than 5000.
Judge Poland.-You are sure You never paid
/ II and IL Was never paid out of your money.
/ Mr.. Brooks.--Yes, sir, am sure IL was not.
NEVER RECEIVED ONE CENT PROFIT
from credit mobiller, neither directly or indi-
cific road had gone to the dogs Mr.. Durant
had put eight hundred thousand dollars I'm IL.
He also induced Mr.. Ames and Mr. Alley and
some other capitalists to 90 into it. Before that
the road was in a very bad way. In New York
the road stood 20 bad that nobody would touch
credit mobilier stock at first. The road was
built ON gigantic scale of espeaditur at first.
Referring TO his explanation in the House, Mr..
Brooks said he confined himself 10 the city
shares, and said nothing about the hundred as
MI McComb had charged specifically that Alley
sumed the hour allowed 10 him, and could not
say allvhe wanted 20.
BY Mr.. Niblack:-witness felt enough interest
IN the matter after he became a government
director to see that his sonin-law should get his
nifty shares which he was entitled TO.
THE FIRST IMPULSE OF WITNESS
after he became government director in the
road was to sell the credit mobilier stock he
held and pocket the proceeds; but subsequently
he thought he would transfer it TO his son-in-
law.
Mr.. Niblack-well, TO be frank with Won. Mr..
Brooks, think IL would have been better in You
to retain the stock in your own name than ~
transfer 1t thus to your son-in-law.
Mr.. Br0oks-I think not. Let me ask YOU,
Mr.. Niblack, was IL right for me to hold govern
ment bonds during the wa?
ME-. NIBLACK AND Mr.. BROOKS HOLD PURTH-
ER CONVERSE.
Mr.. Niblack.-Ohi well; l don't 60 into that
subject. Ii is argued that we should hold moth
ing which can be effected by legislation. As 70
myself, have always made il point never to
hold arax-E ind .a< $50 Oh
Mr.. Brooks.-Oh, well; If we are to own
nothing in this world, fear the democratic
party will never get any votes Laughter
YOU owned a valuable right like that?
Mr.. Niblack.-weii, L don't know; 1 never
was so fortunate.
Mr.. Brooks-well, suppose have done my
share in abusing people in newspapers, aud I
am getting abused now. The newspapers hurt
themselves, however, by circulating these scan
dals, as they forfeit that respect which they
should maintain. l have money, and must
invest IL. never let my money lie idle. Ii I
should only get per cent. a year would invest
il. L invested in United States stocks during
the war; some people thought it patriotic; did
not. but did il as an investment.
BY Mr.. McCreary:-Never received anything
from Mr.. Nelson, growing out of the credit mo-
hllier transaction, except the ten thousand dol
lars which he adv anced him.
Judge Poland requested Mr.. Brooks to make
an examination Of his books and papers, which
might throw more light on the transaction be-
tween him and Mr.. Nelson.
MIR. Brooks replied that he would do so.
Mr.. Brooks said it had been charged that the
stock had been given him to influence legisla-
uen. He therefore desired to call the attention
Of the committee to the fact that on the 10th
day Of December, lso. he made speech against
the bill, changing the time for holding the an
nual meeting OF the stockholders Of the Union
Pacific road.
By Mr.. Smithers:-Had borrowed the stock
eertihcate IRON Mr. Nelson to exhibit it in the
House.
ADDITIONAL STATEMENT OF SENATOR PAT
TEGsoS.
Senator Patterson again appeared voluntarily
before the committee, and submitted the fol-
lowing additional statement:
Gentlemen:-A committee OF The Senate
would have the right, and would be obligated
when there were sufficient grounds of suspicion.
TO investigate my conduct and satisfy itself
whether or not 1 had been improperly or cor
ruptly Influenced i'm my Official conduct; but
my excuse for troubling you the necessity of
Defending myself against an unjust suspicion OF
having been Improperly influenced in my legis-
is the legitimate and the only legitimate m,
quiry before your committee. What property,
or how much property may purchase is pri-
vate matter, not open to legislative investiga-
ton, unless the Circumstances of that transac-
ton Indicate that have bes N improperly infiu-
enced by it as legislator. When last before
YOU stated on two occasions l bought stock
should with as little hesitation have stated
that L had bought stock i'm the credit
IL Il nau unuefStOO0 that TO be
the tact, for L see no reason why a
member OF Congress might net with propriety
own stock in either, or be corrupted as readily
with one as the other. Members OF the House
have owned stock in the credit mObilier from
the first, and drawn their dividends upon it,
whose integrity and Official propriety have never
their right to vote when the Pacific railroad has
been before them. They who purchased this
stock after all legislation had passed, and whose
votes and influence could not have been affect
hx Loco
innocent, and should have been saved the
Cruel humiliation of this public scandal.
Ny object in coming before the committee this
morning ~ TO state or explain a little more fully
than L did when first before YOU a point on
which find differ from Mr.. Ames' present
position.
In my testimony on Wednesday stated that
made two purchases of stock and bonds Of Mr..
Ames, and L read that statement to him
before presenting it to the committee. He
SAID 1t was correct except in a single point.
L be!leyed it correct in every point and
therefore gave il to the committee. I Will
state the cause. 1t is in relation to the first
purchase We are agreed the second.
More than year after had been offered stock
IN the credit mobilier, having some money to
invest, l placed it in the hands of Mr.. Ames,
without a thought that the stock of the credit
mobiler, represented as so profitable, was in the
market. and with the understanding-on NV
part, certainly-that he was TO secure for me
Stock or bonds In the Union Pacific railroad, and
dispose of the sum in such time and way as he
could realize the most for them. On one occa-
sioh-and i have no recollection OF any
other-he paid me some money, which
then and now believe came from the sale of
stock or bonds which he had purchased and
held for me- A day or two since he came to NV
room, and said he had again been called before
the committee, and showed me, for the first
time, memorandum in which he had credited
me with thirty shares of stock i'm the credit mo-
bilier, and two dividends on the same. Suppos-
ing Il was to receive stock or bonds or their
proceeds, and never having received any
thing else, thought 1 had got what L
paid for; but Mr.. Ames, il seems not
wishing me TO suffer from my ignorance of the
mysteries of Pacific railroad management. had
put me down for stock i'm the credit mobilier.
and assigned me what received as dividends
on the same. So far as this Investigation is con-
cerned, IT Is a matter of Indifference 10 me
whether his understanding or mine is correct
for in either case IL was simply an inyestmen,
for profit, and had no connection in tbou ghf or
act with legislation; but IL he is right some
body owes me q few thousand dollars, which.
they win have the goodness to cash
1 snail nnd my venture more profit
able than 1 had any reason to expecf.
l have volunteered this statement because n
Mr.. Ames is correct and am wrong II n dne
TO myself that i, and not another shouId unsks
the correction. / still maintain however th.t
my understanding OF the transaction n the cors
rect one, and have reason TO think that NJ 4
Ames at one time entertained the same viev 7
have two letters, gentlemen which i hsI ne
hon obf "a, ,,,oL. 4 no0 uot