The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1873-01-27

|
signed it.
Mr.. Ames read the following:
BosToN, MASSACHUSETTS,,
May 9th, 1871.
Received of Oakes Ames Two hun
dred shares OF Union Pacific Railroad
stock, and seven hundred and fifty
seven dollars and twenty-four cents in
cash, on account of Credit Mobilier
stock, and there is still due in the trans.
action thirty shares OF stock in the
Credit Mobilier of America, and two
thousand dollars in the income bonds
OF the Union Pacific Railroad.
J. w. PATTERSON.
Questio n-Was that signed by him
in your presence
Answer-Yes, sir.
Question-The paper itself is in your
bandwriting7
Answer-Yes. sir. The $500 is the
check ! gave him on the Sergeant-at"
Arms. The other is on the final set
Element.
Question-Have you still another?
Answer-No not exactly. MIR. Pat
terson wrote me letter.
Witness then produced it and hand
ed the letter to Judge Poland.
Witness resumed-I received several
others, which l have torn up.
Judge Poland-This letter was writ
ten this winter2
Answer-Yes, sir. Since this in
vestigation commenced he would wish
to make my testimony conform to 1t.
| had lots OF conversation with Mr.:
Patterson, and have received several
letters from him. but this is the only
one have kept.
Judge Poland here read the letter as
follows.
WASHINGTON, January 4, 1873.
Hon. Oakes Ames.
My DEAR SIR:-The facts in regard
to the Credit Mobilier, as far AZ had
any connection with it, were as follows:
You came to me one day, knowing that
a want of money was chronic evil
with me, and said, Patterson, il you
like, l can let you have thirty shares
OF stock in the Credit Mobilier, which,
l think, will be q good thing for you"
My reply, in substance, was that it
you have anything which | could prof.
tably invest in and out of which |
could make some money, l would
gladly take it, but that | had not the
money at that time and must bear
it till ! could get it. Your reply
was that you promised l mi ight
have it later, when 1t might
be convenient, and you regarded
it as a perfectly legitimate transaction.
At that time you did not and could not
anticipate you should ever ask for fur
ther legislation from Congress in re;
spect to the road, and you never did
except when it was forced on you by
the Secretary. After this communca-
ton with him you may have the inn
preston that I should take the stock
sometime, but for some reason, per-
hsps for q want of funds, / never took
spy OF the stock. If | never had any
stock in the company, could not, as /
did not, have it's dividends. II pressed
to know il purchased at any time any
bonds OF stock of the Union Pacific
railroad, you can say l did q. the time
they attem pied to embsrras you when
the value Of the stock was depressed,
and | paid you the full market value
Tor it. l paid you $1,000 in money for
the stock aud bonds. The stock | put
in the hands OF Mr.. Morton immedi-
ately, to sell as soon as it should 60 up
reasonably in the market, which ne
did. I saw Mr.. Morton on my way
through, and be said he never held any
stock in the Credit Mobiller for any
one, but did not want to have bis name
brought into the examination II 1t
could be avoided. l am going to Ohio
l will see you on my return. Don't
fail to correct your original statement
before the committee. 1t must not be
reported as it now stands.
Very truly, &c,
J. W. PATTERSON.
Question by Judge Merrick--Have
YOU refreshed your memory as to all the
members Of Congress who let you have
stock7
Answer--Yes, air; there are none ad
ditional except Mr.. Logan. The rea-
son did not mention him before was
that he is not q member Of Congress
now.
By Mr.. McCray-Did Mr.. Logan
give you any reason for returning the
money!
Answer--I don't think he did.
Mr.. Ames eaid--I want to cay further
to the committee thst l have been asked
why held this stock, and why | did
not give it to members themselves. The
reason was that Credit Mobilier stock
itself was not entitled to the dividend.
At IL o'clock the committee adjourn
ed till 10 o'clock Tuesday morning,
Judge Poland announcing that he ex-
pected to close the investigation Tues
day.
A Canard.
The report circulated through the
country that the President had met
with a serious accident is purely sensa>
tionsl. The President is at home safe
and well, and this afternoon assisted at
Mrs. Grants reception.
The Recruiting Service.
The Superintendent General Of the
recruiting service is ordered to forward
| l40 recruits to Columbia, South Caro-
lima, for the Eighteenth Iufsrtry. IT'S
to Atlanta, Georgia, for the Second
Infantry, and l45 to Louisville, Ken
lucky, for the Sixteenth Infantry.
Naval Matters,
Rear Admiral Jenkins, commanding
| IL IIa:tai Staiaa naxal fQrcea in the