Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-02-02

REQUIRED the payment. WendeA gave no
reson for demanding the money. He want
ed it as sblood.p Witness felt justified in
paying the money, owing to the peculiar
exigencies at that time, he being 500 or
900 miles west of the Missouri river. He
looked upon Wendell as exacting black
mail. The road was frst-class then. F.
2. Blair and Gen. Buford, the other two
commissioners, showed no reluctance to
discharge their duty. The Board of Direc-
tors tacitly acquiescei in the payment.
Present Assets of the Credit MObiEier.
Sidney Dillon testified that the present
property of the Credit Mobiier consists of
land at Council Bluffs and Columbus, worth
about S155, 900 and note of the Union Pa
cific Railroad Company for 100000. As
the note had never been protested, he pre-
sumed it might be considered good. The
reason why he did not try to collect the
money was that it might embarrass the
company. A portion of the land will be
required by the company. The remaining
portion of it would thus be doubled in value.
He became president of the Credit Mobilier
in May, 1867. Since the cakes Ames con-
tract no business has been transacted by
the Credit Mobilier except settling its af-
fairs. The Credit Mobilier owns between
1900 and 1000 shares Of Union Pacific
Railroad company's stock.
A Five Million compromise.
Thomas g. Durant recalled. He said in
1864 he made arrangements with Jas. b.
Stewart to settle a difficulty with outside
parties concerned in the Beavenworth and
Pawnee railroad. He stated that the limit
which be could not go beyond was four aud
five million dollars. There was no trouble
with Congress, but among persons, some
of whcm desired the terminus to be st.
Louis and several other points. Durant
paid Stewart certain bonds. @
/ Adjourned until Monday at 10 A. NJ.
c. NJ. Wants to Die.
PHILADELPHIA. Feb. LIN the Court
of Common Pleas Judge Allison refused
the prayer and petition of the Credit Mo-
bilier for dissolution, which was asked
for on the ground that since July, 1868, the
corporation had transacted no business.
The Judge says Congress is now investi
eating as to the cla ms OF the Government
against the cor poratioa, and therefore the
Court should not do anything TO prejudice
the rights of the creditors of the concern.
The Louisiana Case.
Specialize the Louisville Courier-Journal.
WASHINGTON, Jan. 31.-The evidences
of the Longstreet board have not been re-
ceived, and it is believed that it is not in-
tended to bring them, 70: they VIII show
fraud on their face. The best evidence Of
the feeling of the committee is favorable to
the McEnerY government. Several plans
are under discussion by the committee;
first, the recognition of the McEneTy gov
ernment; second, to convene both boards,
with the old Senators holding over, and to
let each body declare the election returns
and qualifications of its own members, it
being shown that there is quorum so re-
turned by both houses; third, to order a
new election, to be conducted under the
State law by a commission, to be appointed
by the Government of the United States.
The committee has determined to close
the evidence on Tuesday.