The Andrew County Republican. [volume] (Savannah, Mo.) 1871-1876, 1873-02-07
THE CREDIT MOBTLIER.

Ames' testimony on the 22d, fortified as it
was by transcripts from his books, created
more sensation than any Incident Of Congress
sional investigation for many years. 1t left
Mr.. Colfax in the same position ss Senator
Patterson. except that there was no final set
Element. Both Garfield and Kelley took the
shares, and Ames carried them, and let the
dividends pay for the investment. Both re-
ceiyed first dividends in bonds, which Ames
sold, and applied on their purchase, and both
received the balance due from the second cash
dividend, 1929, in a check on the Sergeant-at-
Arms. He never had any talk with either
about the transaction being one OF borrowed
money until since the investigation began.
Garfield called on him and requested him to
consider it as borrowed. Ames testified
that he deposited $4,000 with the Ser
geant-at-ArTns, which he had drawn as diyi-
dends on the stock he was carrying
for the various gentlemen Interested,
and that he paid them by such checks as have
already been described, and the books of the
Sergeant-at-Arms would show they had been
paid and charged to him. He testified that the
evidence Of Speaker Blaine, Senator Wilson,
Representatives Dawes, scofeld, and Bing-
ham agreed with his books and his recollec-
ton. The evidence of James f.. Wilson was
also entirely correct. His evidence and that
of Mr.. Allison agreed, except on ono point.
Mr. Amos did not remember that Mr.. Allison
had included the amount Of his cash dividend
on the stock he had sent Mr.. Ames in settle
ment Of other business transactions. In other
respects their statements agreed, and also cor
responded substantially with q telegram sent
by Mr.. Allison to the committee before he had
had an opportunity to examine any memoranda
in the matter. He eturned his stock and Cash
dividend to Mr.. Ames last March, and settled
the whole affair with him on Feb. 8, following.
As to Mr.. Boutwell,, Ames understood that he
agreed to take ten shares of stock, but after
ward declined it. 4
Oliver Ames, once President of tho Union
Pacific railroad, and brother of Cakes, was
before the committee on the 2Sd, and confessed
that portion of the road which the COM
psny contracted with Cakes Ames to build in
cluded 1873 miles which had already been built,
and for which the Government had already
paid that the Credit Mobilier made an enor-
nous profit on it, and that the dividends which
it soon afterwards declared were drawn from
that source.
A Washington telegram of a "a says: Ex-
over the Credit Mobilier is greater to-
day than ever. In the House Committee Mr..
.olfax and Representative Kelley appeared
and cross-examined Ames. The latter insisted
that he had paid each of them the checks in
Both repeated their assertions of
Yesterday, solemnly swearing again that they
mad never received either the checks or the
Of them. Amos on his part pre-
sented sworn transcripts from his books Of
accounts, and the Sergeant-at-Arms was
and produced the checks of the
iates as sworn to, and also exhibited Cakes
Ames' account in the books of his Office, which
bowed that, on the date Ames swore he drew
dividends Of 10000 and deposited the same,
entry was made by the ~took-keeper of the