Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1873-02-04
L.USTi
F6LE. or COI.FAxs
The Nations Vfce-Presideut
Ruined

Thursday LAYS bare the character
and acts of Vice-President Colfax
in the following merciless manner.
The sight is one TO make Ameri-
cans blush. In the sweep of the
Credit Mobilier Investigation Sem
ators have fallen like leaves before
the gusts of autumn, but Mr.. Col
fax stands higher than the Senate,
and it now seems that he has not
had even the moral courage to
own his guilt. But we will let the
WORLD speak Ed. News.
We are sorry for Mr.. Colfax sad to
see white lame blackened, and
grieved to think that to-day there is
an idol east down from its high place
and dishonored i'll many hundreds of
thousands of hearts throughout this
country. But yesterday all chargeble
against him was an avariciOus buck
STEERING of high Place-the same greed
which defiles but does not altogether
obscure the glory of such far greater
men as Bacon, Marlborough and Ma
Zarin. His guilt nO,0 savors of the
penitentiRry. 1t is that dctestabie
villainy for which in other days the
perpetrator had both ears nailed to
the pillOry. Unless d MIRAGE rel. eve
him, the Vice-President has, in the
set terms of the law, sworn willfuliy,
absolutely and falsely in matter ma
terial to the issue. That issue was
that he had rec. iv'd dividends on TWEEN
ty shares of Creuit Mebilier stock, his
property, and in particular one divi-
aend of 80 per cent. by check for
81 200 delivered him June 10, 1868, 10y
OakeA Ames. UnpOn his oath Mr.
COlfax denies all this, generally and
in the particular instance. His words
are:
al state explicitly that no one ever gave or offer
ed Ia give me any shares Of stock In the Credit
M"bil-r OF the Union Pacific Railroad. have new
er received nor had rendered 10 me any dividends
in cash, stock, or bonds accruing upon any stock,
ia either of said organizations"
The Sergeant-at-Arms of the House
swears that he cashed on the 2lst Of
June, 1868. check for 81 200 to rs.
e. or hearer," drawn by Cakes Ames,
and Mr.. Colfax's bank account shows
that on the I'D of June, 1865, deposit
ed 81 200 in cash ana S76S SO in checks.
Leaving the 81, 200 i'm cash fol mo-
ment, let us look at this sum of $685.
63 in the light Of statement made
under oath in a Pennsylvania court,
December Is, 1871, by Henry S. Nc
Comb, in suit having for its subject
matter this same Credit Nobilier. Be
ing asked to state the amount of diyi-
dends received by him on his Credit
Mobilier stock in the year 1868 Mr..
McCOmh mentioned among other
items this: June IL received 40 per
''cent. in Union Pacific Railroad stock
with 60 per cent. in cash, on $50
"shares." Let us suppose that Mr..
McCOmb had received the dividends
named on but twenty shares of Credit
MObilier steck and see what proceeds
he could have deposited with his bank
er. First, q 60 per cent. dividend in
cash on twenty shares of 500 each
would be 81 ,2a0; second, a 40 per cent.
dividend in Union Pacific Railroad
stock would be $500 of such stock
In June. 1868, the market value of this
stock Was 50, equal in cash to S7Si'-
Now, if Mr.. Colfax received on the
10th of June, 1868, the 60 per cent.
| cash dividend on his twenty shares of
| Credit Mobilier stock, he must have
received at the same time the 40 per
cent. dividend in Union Pacific stock.
Selling it at 9S, he would receive 1854,
or allowing . per cent for brokerage,
stamps &C., S76S.32. Add to this the
81 200 in cash and we obtain 81 ,96S. go,
the exact amount to within 81 cents of
the 81 ,96S.63 deposited by him with his
banker June 22, 1868. The conclusion
seems irresistible that Mr.. Colfax did
receive the stock, as well rs the cash
dividend declared June IL, 1868, oil
Credit Mobilier stock, and is justly
amenable to two charges of perjury in
stead Of one. Possibly inquiry may
develop further instances. Thus, in
the suit above mentioned, Mr.. Nc
Comb swears to cash dividend of 100
per cent. on Credit MObilier stock, de-
clared July 4, 1868; and from the Tth
to the 10th of July, 1858, Mr.. Colfax's
bank account shows deposits aggregat-
ing about $1,000. the par value Of his
twenty shares. False in one, false in
all, is an old and true saying, and it is
only too unhappily true that Mr..
Colfax has justified the application of
that rule with rigor to himself. The
case of the 81 200 check being the one
that has most particularly fixed the
amazed and distressed attention of the
country we pass by all others, merely
indicating certain directions in which
it would be proper for the House to in
quire. The sworn denial as to the
81 200 is so positive and the counter
vailing testimony so irresistible that
this is for the present the vital point.
No man has convicted Mr.. Colfax. 1t
is not personal dislike or partisan VEN
ON, neither the interest nor luminosity
of any actor i'm this miserable drama
which acts the Fate of the old Greek
play, and with slow-pacing. inexora-
bic purpose las at last brought retribu
ton Upon guilt.