Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1873-08-16
.1,HE AcxEW FRAUD.

The New York Sun printed a few
days ago several columns from its
Washington correspondent explaining
how the Central Pacific Ring has sue
ceeded in outdoing the Credit Mobil-
Ter and in gobbling s211, 299, 328, II.
The correspondent. is of the opinion
that thorough and uncompromising
investigations into the affairs Of the
Central Pacific Railroad Of California
would disclose still more startling
facts-would result in.the exposure of
still grander scheme of corruption,
and bringing to grief a still greater
number of public men who sold their
souls for share in the profit of the
Credit Mobilier of the Pacific. Coast.
The Sun thus comments editorially !:
I'VE print to-day an account de-
rived from the most authentic sources
of the operations of the Central Pacific
Ring. This revelation cannot fail to
astound the public even in these days
|. of widespread-we had almost said
general-corruption and wrong doing
If the charges made by the Supervi-
sors of Placer county can be sustained,
it is evident that the gentlemen of the
Credit Mobilier were novices when
compared with Stanford, Huntington
and their colleagues of the Contract
and Finance Company.
'This company, indeed, seems to be
not the twin brother, but the elder
and much the bigger brother of the
Credit Mobilier. That the allegations
set forth by the plaintiffs in the Placer
county suit can be to very great ex-
tent established by legal evidence
there can be little doubt. 1t is but a
few days since Mr.. Huntington and
his associates were negotiating to sell
four ffths of the great Central Pacific
railroad, while the enormous wealth
they have so suddenly and mysteri-
ously acquired affords other evidence
to support the charges made against
them.
I'VE have long been satisfied that
the Contract and Finance Company
was greater fraud than the Credit
Mobilier; and we have repeatedly
called the attention, of the Congress
sioBal Committee charged with thein-
yestigation of Central Pacific railroad
affairs, to the peculiar character of
the Company, and its operations
Hitherto little notice has been taken
of Central Pacific affairs, as the Com
pany has its agents in very coniden-
tial relations with the White House,
and his powerful friends in both
branches of Congress. Now we are
under the impression that the institu-
ton will receive the attention it de-
serves. ~ AZ - ~ t-Eti--t
1T is charged that vast sums OF
money have been used by Huntington
and his confederates influence to legisla-
ton. This will be no surprise to those
who are familiar with the secret
springs which too often are brought
to play, IN order to secure desired ends
in Congress. No Cakes Ames has yet
appeared with memorandum book to
show where shares were placed to do
the most good; but then without such
aid it may not be impossible to follow
the trail of the corruptionists. In
deed, it is not likely there will be any
difficulty in the matter.
What are we coming .to?- Is there
no longer any regard for the principles
of honesty and virtue in this land
1t would almost seem that such was
the situation when we see men who
are leaders in religious organizations
and in honest business enterprises,
laboring to uphold an Administration
which is permeated through and
through with corruption as rank as that
disclosed on unwilling the secrets of the
Credit Mobilier and Contract and Fl
nance Company"