The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-19
THE REPORT OF THE COMMITTEE,

THE REPORT OF THE COMMITTEE
WASHINGTON. Feb 49, 1878.
The special committee appointed under the fol-
lowing resolutions OF the House, to wit
asa hase been made in the public
sentative from and upon the Alleged m
s a sny s To- Re Of
nSGss mere brosd BY oakes A%es psroT certain
Company BY presents Of stock in the credit H %obei
Syea or BY of valuable character
Rcsovea, That special committee of Ave members be
%h Of 2fy '
Resolved further, That the committee have the right
to send for persons and papers
Beg leave to make the following report
In as a Gs If f
stoca Of NE Credit Mooilier Of A@efca between Mr.
sary 10 make
Of the connection Of hat company with the Union Pacific
anS e dGe sne oer of
sn ss s SSno Oh Is and Of
been obtaned by certain persons the Union
sa as
September 1874 contract entered into between the
said s
MoSeT Company: as was expected 70 g when made
r dsf 5 %ss Of nd road M & y nc tive or
Sr DSen ~
IarSaa e the raa' was such ana
in it. and Notwithstanding The liberal aid granted by the
oakss xmss nSa mem
brother Oliver Amss became Interested in Tie Union
pG Sn ana also in the Gs,dt N, Mobile, Com
the ~ sha eps m anS SSd
the PaS company a also ana tho
sns %srG ns snS F
Asi 9sa %S% hs" q e% nS
GUS efforts Of Mr.: Amss ana others Interested Tim
s sPras Of He ro
pshy voted , to nsa y S cent to their capital stock
taken each Subscriber 70 i was entitled to receive
Ss' cS%S g ' old Ss we're s
did ns n eHs al S Ss
Sd ns S MGe1 ass ~ and the stock
worth par value Until Of
sS"saed on BETWEEN a sn d%s s
Union Pacific k%lrSad and oskes A%ss y which Mr.
s%~ss % the ,s Ss
,ss. A Who A%s 10 sxsca: 10 sS pl5s
n the Slsd,
should comply with certain conditions set
poreed in the evidence submitted, and, therefore
SSsssniiay At the s,csk9SIders hs crsdii Sobiisr
aser n GSR Rns BECAME @ the conditions named in the
said trustees ms 1S n M ss Al
i" pnsn fs' Sna ss
A 1s' fsasS by n' s s tn a' racine ssi
sSay had
s wsrs .@s 1@$, g g
the road, ana the stock Credit
e y,s $Is Ss &c
Ha ndf wo@ Sa ns os se %
January February 1861 irec or Jour times the par
sr ans but oes n,, ssS
desired they should be The foregoing statement the
~ THE HISTORIC DETAILS
ysHs the 6g %as S yn
member OF the House OF Representatives, and to
,he DEFINING Of psse%bsr 1851 During that month OSus
Tsseniaye them have shares OF Stock ext in tac
V the pTeSoa1 a July % interest thereon
these 70 y a e any GeG ne py asked Of
Interest nor That Mr. Ames used any special effort
nss details al nss S the
DC ssi hat hai % %oa
they should get at S e D per- ne csm d
their money Some OF these gentlemen in iheir CONVEX.
' stock a%i'Sn ns ws ss% S
sye Mr. quoted q sa 1G"sss In sfy
saying IL could not for the Union Pacific had received
and they should ask Tor nothing more In in
MEMBERS VINO coSrnacrrn roR STOCK
paid TO Mr. Ames the money for the price the stock
bs and Mn e. ss SSSs they s nS @ the
until they could get the money or IT should be by
Cs the s rsd @ he % mol rss sy
OF those transacti9ns to he sales his own stock butn
60 the company. AT this time there about $50
shares Of the stock Of the company which had for
MI.
claimed that portion Of this stock should be assigned to
Mr., Dnrsnt claimed that he had made similar engage.
Comb who present AT the time claimed that he had
sSe @ or 9cs whSn ne cSa hvs
eSb n, after the stock was assigned to Mr. Mmes
the stock 10 his McComb's, friends and named
and Renro..rssa sS ~, g.. nArARD AMP rowLET
nnay srranged that 1913 shares Of the stock OF the
nsry should We transferred % Mr. Ames TO enable him to
Get oyer on the books Of The company TO oakes Ames
,s 70 qsmngIsh y irom the stock held by hun be-
Of the soc and rom the July previous and this
trustee except thirteen shares which have been trans
aoae ~ no wss with Congress The
whatcycr MIN any Of these members Congress ON the
suocct o. n's s1eh pror TO the commencement of the
sylvania and 81 was not claimed that nnv 1I rchn
existed rom MI Amcs 10 him as the result Of It. In re.
THE PURPOSE AND MOTIVE or ae. Auys
In contracting TO let members OF Congress be ve craa
II considered worth at least double that sum oefs o.
70 the House, cannot entertain doubt When he SAID S
did not suppose the Union Pacific Company would ak ~
@ nd se' desired GS%s " aST
would resist any encrcechment UPON or nrre,ewnSoSS
e Sf Ehs Hnd pry1Se, srcay and
ytl LIS own This Is clearly avowod IN hi, let