Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1873-02-14
yICE.PREsIDENT C0LFAX.

. Is The long anticipated explanation Of AIr.
Colfax to the charges of Cakes Ames, rel
alive to the Credit Mobilier transaction,
has been made Mt the first appearance of
Mr. Aines before the committee since his
trip to Massachusetts, to examine his ia
o bflGig 0Tf readers Co the material part
of Mr.. Colfax's evidence, we briefly re-
eapitulate the charges against him.
.Ames, in his testimony, says that
in 1867 he had sold to Mr.. Colfax, twenty
shares of Credit Mobiier stock at s., 900;
that $500 was paid on the purchase, and
that in 1868, Mr.. ColfaX was paid on his
investment 81 200, as part of the dividends
Of his stock. To sustain Ames in his evil
dence, Mr.. Colfax's bank account was ex-
amined and it was found that few days
after Ames should have paid him the
check for 81 200, payable to S. c., Mr.. Col
fax did deposit that sum of money to his
credit in the bank at Washington.
In reply, Mr.. Colfax said at the time
Ames gave the above testimony, that he
had agreed to take the twenty shares of
stock and that he he had paid the $500 pur-
chase money on the contract, but that soon
after, learning there would be litigation
concerning the stock, threw uphis trade
and refused to have anything to do with
it. He denies ever having received
single cent in return for his trade either
az dividend or in return for his part pay
IL ent on its purchase. He says that when
n Mr.. Ames failed in 1869, he told him the
five hundred dollars paid on the trade
should be given to him. The deposit of
$780, few days after Ames says he paid
him that sum, is accounted for fully. His
whole bank account is shown in his
statement-every item accounted for
and explained, The item Of ST.
200 is made up of two sums
sa paid him at that time and in these
statements he is corroborated by the evil |
denee of his father-in-law, half sister and |
strong circumstantial evidence. One thou
sand of the deposit came from a Mr.. Mes |
bitt, Of New York, a few days after his !
nomination for Vice President TUNE 1868 |
and was for campaign expenses. 1t came |
in a letter-a one thousand dollar bill
which was opened at the breakfast |
table and the letter and bill |
passed around among the family. Mr.. |
Matthews and Mrs. Hollister both swear
they remember distinctly the incident and
the letter. The bank account shows that |
on the day the deposit was made draft |
was taken out by Mr.. Colfax for 81 900 and |
sent to Indiana to the Chairman of the
State Committee.
Mr.. ColfaX calls attention to the fact that |
vv7Ames can not produce receipt or memoir
andum statement from him to show this
alleged payment, and that the famous s.
G. check was not Endorsed. Ames has
nothing but the famous memorandum book
which is now produced, though at first he
said he could not remember having paid
Mr.. Colfax any dividend.
Mr.. Colfax's statement is very full, can
did and detailed. 1t certainly places him
in much more favorable position, and
gives his numerous friends and admirers
substantial grounds for claiming his &C.
@quittal complete His positive statement
conflicts directly with Ames, but to turn
the scale comes long, useful and honora-
BILE public career heretofore unsullied. His
long established reputation as an honest
and truthful man will weigh much in the