Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1873-01-17
The Credit MObIlier Investigation,

As the result of the resolution to open the
Credit-Mohilier 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 0akes Ames to make some invest
ments for him where they would pay, and
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was rescinded. 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 (S1, ,O0O) as loan. Mr..
Seotield bought ten shares and afteTWard
declined them, because he did not like the
liability clause In the charter or contract of
the Credit Mobiler. MIR. 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
Secretary Boutwell, agreed to take ten shares,
and subsequently declined to consummate
the purchase. Senator Conkling had re-
ceived 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 q
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 conver-
sation with Brooks relative to shares, and
never gave or sold a share OF the stock OF
Credit -Mobilier to Brooks or to any memberi
and that the statement OF McComb is fab
rication.
Vice. President Colfax made a written
statement to the Credit-Mobilier Committee,
on the 7th, to the effect thathe had never re.
ceived, nor had rendered him, any dividends
in cash, stock, or bonds aceruing upon any
stock in either OF said organizations, and
neither Mr. Ames nor any other person con-
neeted 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,
however, five years ago, upon the representa-
tions OF Mr., Ames, contracted to buy twenty
shares Of stock, on which he made a partial
payment OF $500. He never received
any dividends, cash or scrip, from
this stock. In the same year
he bought 1t he threw 1t 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 has
been loss TO him Of $500.
A dispatch was received from Mr.. Allison
on the 7th, disclaiming any share holding on
his part OF the Credit.Mobilier or Union Pa
cihe stocks. Shares had been sent him, but
he promptly returned them.
John B. A Hey MAS further cross'examined