The Andrew County Republican. [volume] (Savannah, Mo.) 1871-1876, 1873-01-31
TIE CREDIT MOBILIER.

A Washington dispatch Of the 18th says
The Wilson committee on the Credit Mobiliei
had a decidedly sensational session to-day
Mr.. Durant was asked in regard to the large
sums allowed him by the Union Pacific for ex
penses in Washington i'll 1854, and the com
mittee, after some examination, obtained the
statement that these accounts in gross, extend.
ing from August, 1864, to May, 1866, amounted
to S435, 900. Az to their character, Mr.. Duranl
testified that they were known as preliminary
expenses that were to compromise claims OF
other roads, "and for other purposes" in.
Guiding services OF attorneys that he brought
one attorney with him from New York, and
upon introduction to J. d. Stewart and Alex.
ander Hay here, he employed them AZ attor.
neys, though he had no previous acquaintance;
that he put into the hands Of Stewart abou,
1900 900 and into the hands Of Hay about
$780, 900, and that he took no vouchers for
what WAS received by them from the third par
ties they dealt with. II caused q great sen
s~ation, since both Stewart and Hay have long
been noted lobbyists here. All these accounts
we're allowed him by one Board. of Directors Of
the road. They were suspended by q succeed
ing Board, and thus their character developed.
The committee instructed DuIant to produce
all the vouchers Of any kind taken by him in
this transaction. He was also directed to pro-
duce the checks he gave Mr.. Harlan in 1865.
The testimony also developed the fact that
Oskes Ames' contract covered PAT miles of
road already completed. and that the Amcs
contract for the construction Of this section
was greater h the original cost of building
it. This gave about 80, 600, 900 profit to divide
among the stockholders of the Credit Mobilier
the moment the contract WAS signed.
The evidence before the Credit Mobilicr in
yestigation on the 18th was in the main cor
roborative of what has gone before. Ex-Con-
gresham Boyer, Of Pennsylvania, appeared,
and admitted that he had received 100 shares
of the stock, for which he had paid, and saw
no harm in tho transaction, never having been
called to vote on the railroad. ~Ex-Congrcss-
man James F. Wilson, Of Iowa, made a state
ment that he was offered and refused the
stock, but afterward bought some for invest
ment. Ames' book-keeper swore that Ames
had a list of Congressman To whom he sold
stock in o book.
Tn testimony taken before the Credit Mo-
bilier investigation on the Goth was rather
cumulative than new. Mr.. Dillon, the Presi-
dent of the Credit Mobilier, testified that Cakes
Ames had said that he was under obligations
to members Of Congress, but he could not re-
member that Amos had mentioned any names
to him, and was not positive rs to the extent
these obligations. He testified that Brooks
to him one day, and told him that he had
100 shares Of stock from Durant,
and under the rule authorizing the Increase he
entitled to the so shares additional.
He promised to consult the directors, did 80,
and they agreed to let him have them.
Brooks then said he had transferred his inter-
est in the shares to Nelson, who came to get
the shares. At the same. time he borrowed
from Dillon $4,000 to pay for the stock. Mr..
Durant paid for the stock transferred to him by
The company. He declared that Brooks had
nothing to do with the loan made to Nelson, |
to'the best of his recollection the latter
paid par and interest for his stock. He could
not recollect whether Brooks name had been
erased from the books and Nelson's inserted
Or not. The investigation in the. second Gem
nittee is about to turn on the deposition made
BY J. B. Stewart, Of the immense sums paid
him to influence legislation on the Pacific rail-
'oad. !