Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1873-01-16
The Credit MObIlier Investigation.

As the result of the resolution to open the
Credit-Mobilier investigation committee
room, part of the testimony was placed at
the control of the press on the 9th. 1t
shows the following in regard to those
named on the examination Of Oakes Ames.
Mr.. Colfax took ten or twenty shares, and
paid for them, though the stock was never
transferred to him, nor had he received any
dividends. Mrs. Senator Henry Wilson was
induced to take twenty shares, but after
wards objected to the investment, and it
was taken off her hands. Senator Pat
terson paid for twenty shares and
received his dividends. Mr.. Bingham
requested Oakes Ames to make some invest
the latter invested in twenty-five shares Of
Credit Mobilier. Mr.. Dawes had ten shares,
and guaranty that they should be worth
ten per cent; he afterward said he would
rather not take the stock, and the contract
was rescined. Mr.. Wilson had the same
guaranty; Mr.. Garfield was to receive ten
shares, but he did not pay for or receive
them. Mr.. Kelley, of Pennsylvania, got the
| amount of ten shares Isl ,OOO) as loan. Mr..
Scofield bought ten shares and sfterward
declined them, because he did not like the
| liability clause in the charter or contract of
the Credit Mobilier. Mr.. r.Fowler, of Tennessee,
never had any interest in the stock. Wilson
| and Allison of Iowa, each bought ten shares
and paid for them. Speaker Blaine was Of
| fered some of the stock, but at once refused.
Secretary Boutwell, agreed to take ten shares,
| and subsequently declined to consummate
| the purchase. Senator Conkling had re-
ceived a share, and was never interested in
the Company.
Mr.. McComb testified that Mr.. Brooks is
| the only member of Congress who Is known
| to have received any of this stock without a
fair consideration; the witness gave in de-
tail, as proof of the charge, an alleged
conversation which he heard between
Messrs. Brooks and Alley, relating to fifty
| shares of the stock which was transferred to
Brooks or his son-in-law Nelson. John b.
Alley testified that he never had any conyer-
sation with Brooks relative to shares, and
never gave or sold q share of the stock OF
Credit -Mobilier to Brooks or to any member
and that the statement of McComb is fab
rication.
vice-President Colfax made written
| statement to the Credit Mobilier COMMITTEES,
| on the 7th, to the effect that he had never re-
| ceived, nor had rendered him, any dividends
in cash, stock, or bonds accruing upon any
stock in either of said organizations, and
neither Mr.. Ames nor any other person con-
nected with either of said organizations,
ever asked him to vote for or against any
measures affecting the interests of either,
directly or remotely, or to use any personal
or official influence in their favor. He had,
I however, five years ago, upon the representa-
| tions of Mr.. Ames, contracted to buy twenty
shares of stock, on which he made partial
any dividends, cash or scrip, from
| this stock In the same year
he bought it he threw it back on Ames
hands in order to escape the litigation which
| had arisen between the members of the Com
pany. The net result of his speculation ha:
been loss to him of $500.
A dispatch was received from Mr.. Allison
| on the 9TH, disclaiming any share-hOlding or
| his part of the Credit-Mobilier or Union Pa
cific stocks. Shares had been sent him, but
he promptly returned them.
| John B. A LEY was further cross-examined