The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1873-02-21

for persons and papers. The Pres
: ident of the Stock Exchange Wai
sent for and requested to produce
the letters if in his possession
Judge Sherman has denied thC
charge as unfounded, and asked tC
be permitted to respond to the alleg
ations. Such, at this writing, is the
case in nutshell. 1t does not seen
to us possible that Judge Sherman
would be guilty of such transac-
action, not only for the effect it
might have upon himself but for its
effect upon his brother, Senator
Sherman, as it was with him and
others the charge said he had in
fluence. But if it is so, we hope ii
may be made perfectly clear. Now,
that exposures are in order, let all
the guilty suffer together.
Since the above was written, the
telegraph brings the following in re-
gard to the developments on Satur-
day. 1 will be seen that the letter
asserted to have been written by
Judge Sherman was not produced,
though still promised. The report
and letter produced, however, place
a bad appearance upon the matter:
At the sitting of the Ways and
Means Committee to day, President
King, of the New York Stock Ex-
change, testified that the letter of
Judge Sherman claiming $4,000 for
services in Washington, had been
mislaid, but would probably be pro-
duced in a day or two. He present
ed the report of the sub committee
of the stock exchange, to which
Judge Sherman's claim was referred,
which sets forth that no basis ioTT 9
valid claim by Judge Sherman, was
found. Mr.. King produced letter
from Judge Sherman, dated Cleye-
land, March 9th, 1872, addressed
to L. Lockwood, jr., in which it was
stated that at the instance of the
father of Mr.. Lockwood, he (Judge
Sherman) made an effort to effect
changes in the law, so as. to exempt
bankers and brokers from heavy tax
es. His efforts and influence result
ed in the virtual repeal of those
laws. The writer, therefore, wrote
to ascertain whether the Stock Ex-
change committee would recognize
the contract and services. King, the
witness, who had no acknowledge Of
Colgate's report concerning the al
legged proposition of Bassett, clerk
of the Committee on Ways and
Means. The Stock Exchange never
used money for corrupt purposes in
connection with legislation, nor have
the members thereof. The impress
sion is, that money can buy legisla-
tion in Washington. '0
To offset this, it is asserted that
the desired amendment was regard
ed as so just in itself that it passed
by an unanimous vote of both hous-
es, and that it required no influence
or exertion to secure it's adoption.
The above is one side of the case
only. lasl
STATEMENT OF JUDGE SHERMAN.
Judge Sherman to-day presented
written statement before the Com
mittee on Ways aud Means, show
ing that, being asked by Mr.. Lock-
wood ofNew York, an old friend, to
look into the controversy between
the Board of Brokers and the govern
ment, he declined, and recommended
Judge BARLEY as the proper one to
employ. BARLEY so acted for them
and obtained a favorable result from
the Internal Revenue Commissioner,
which was overruled by the Secre-
tary of the Treasury. Subsequently |
Lockwood wrote to Sherman, saving
that the brokers would pay him $IO,-
600 to take care of the case, as it was
to go to Congress. Sherman could |
not personally attend to it, for the |
reason formerly stated, but obtained |
the services Of Barley and R. c..
Parson, the latter being Marshal of i
the Supreme Court. Sherman said |
he took no action, knowing the mat
ter was in good hands. On seeing
the revised revenue laws, which were
subsequently passed, he found the
New York brokers had succeeded,
and considered his friends entitled
to fee. In the meantime Lock
wood died, and he wrote to his son.
enclosing his fathers letter making
the offer, but knowing that the son
knew nothing of the arrangement
with the other parties, Sherman
claimed the sum as his. A letter
was received from Lockwood, stating
that Colgate denied the services rem
dered at Washington by any one but
and suggested that Sherman
appear and contest the claim before
the brokers' committee, but not
to do this, Sherman instruc
ted Lockwood to withdraw the claim
to advise Barley and Par
sons to enforce it. In his letter to
Lockwood, Sherman alluded to Gar
ield and Senator Sherman, as they
we're the parties with whom BARLEY I
md Parsons filed the necessary pa I
oers on the subject, but he Judge !
sherman never spoke to Senator {
Sherman or Mr.. Garfield on the mat
er, and never approached either Of
hem on Legislative subject. The
ounsel he engaged had otreceived I
dollar and if any is ever realized
goes to them.
This statement of Judge Sherman {
sufficiently explicit to exhonorate