The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-01-31
The Credit MObilier.

4 Washington dispatch of the 18th saws
The Wilson committee on the Credit Mobilier
had decidedly sensational session to-day.
Mr.. Durant was asked in regard 10 the large
sums allowed him by the Union Pacific for ex-
penses in Washington III 1864 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 :435. 600. As to their character, Mr.. Durant
testified that they were known a. preliminary
expenses that were to compromise claims of
other roads. land for other purposes" i'll
Guiding services of attorneys that he brought
one attorney with him from New York, and
upon Introduction to j. Il. Stewart and Alex
ander HAY here he employed them as attor-
neys. though he had no previous acquaintance;
that he put into the hands of Stewart about
$500, 900 and into the hands Of Hay about
500, 900 and that lie took no vouchers for
what was received by them from the third par
ties they dealt with. This caused great SEN
satOn, since both Stewart and Hay have long
been noted lobbyists here. All these accounts
were allowed him by one Board of Directors OF
the road. They were suspended by succeed
ing Board and thus their character developed.
The committee instructed Durant TO produce
all the vouchers of any kind taken by him III
this transaction. He was also directed TO pro-
duce the checks he gave Mr. Harlan IN 1850.
The testimony also developed the fact that
Cakes Ames contract covered 241 miles of
contract for the construction Of tins section
was greater than the original cost of building
it. This gave about 5000, 600 profit to divide
among the stockholders of the Credit MoDier
the moment the contract was signed.
The evidence before the Credit Mobilier i'll
vestigation on the 18th was in the main cor
roborative of what has gone before. Exon
gressman 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 the transaction. never having been
called to vote on the railroad. EX-COnGress-
man James +. Wilson. Of Iowa. made 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 book.
The testimony taken before the Credit Mo-
bier investigation on the Goth was rather
cumulative than new. Mr. Dillon. the Pres-
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 Ames had mentioned any names
TO him, and was not positive rs to the extent
of these obligations. He testified that Brooks
came TO him one day, and told him that lie had
received 100 shares of stock from Durant. and
under the rule authorizing the increase lie was
entitled to the 30 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 $1,000 to pay for the stock. Mr..
Durant paid for the stock transferred 20 him by
the company He declared that Brooks had
nothing to do with the loan made TO Nelson
and 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
ar not. The Investigation i'm the spcou1 conn
mittec il about to turn on the deposition made
by j. Il. Stewart of the immense sum paid
him to influence legislation OH the Pacific rail-
roads.