Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-01-20
THE CREDIT MoBIlIER INVESTIGATION.
Of the Committee To-day

Proceedings Of the ComBnittee To-day.
Judge Poland's special committee to invests-
gate the charges Of distributing credit mobilier
stock among members of Congress, resumed ie
session this morning. General Banks having
returned to the city was with the committee this
morning for the first time since the doors were
opened.
SIDNEY billions TESTIMONY.
Sidney Dillon was the first witness sworn.
He testified that he held stock in the Union
Pacific railroad company. Had been a director
of the road and on the executive committee.
Had been a stakeholder in the credit mobiier
company and is now president of the concern.
Became connected with credit mobilier about a
year after its organization. Knew that shares
were put into the hands of Durant and Ames to
enable them to fulhl contracts which they had
previously made. Witness was one of the s. gners
to the paper assigning the shares to then Did
not RENE mber the names of persons whom Ames
said he was under obligations to.
Question; Do you remember anything being
said about him being under obligations to mem
A. think there was some allusion made to
him being
UNDER OBLIGATIONS TO MEMBERS OF CONS REss,
but do not remember of any names being mem
toned. Thinks Ames said he was under Obliga-
lions to Mr.. Brooks; was not positive, however:
he said as to the extent Of his obligation to
Brooks Knew nothing Of any negotiation be-
Brooks transferred the shares to Nelson. As to
the fifty additional shares issued to Nelson by
ule company, witness destined that BROOKS came
To him one day and told him that he had re-
ceived one hundred shares or stock from Durant.
and under the rule authorizing the increase he
was entitled to the fifty shares additional. Wit
ness promised ~ consult the directors; did 80,
and they agreed to let him have them. Brooks
then said he had transferred his interest in the
shares to Nelson, who came and got the shares.
At the same time he borrowed from witness
5000 to pay for the stock. Mr. Durant paid
for the stock transferred to him by the company
Witness had no papers belonging to the credit
mobilier: bad entrusted them to Mr.. Ham, the
secretary. To the best OF his memory Mr.. Neil
pn Paid par and interest for the additional
slSres- Never knew of large dividends being de-
cared ON credit mobilier stock: dividends were
declared under the Ames contract. The directors
signed paper authorizing the issue of the fifty
shares additional, but did not remember whether
The paper was signed by Oliver Ames, Samuel
Hooper, Atkins, and Williams, of Boston, and
others. Did not remember of either 0akes
Ames or Alley signing the paper. Mr.. Brooks
had nothing to do with the money loaned Nelson
by witness. Was not sure that the money had
been repaid; thought it had, however. Could
tell by looking at the books. His clerk had
charge of all those matters. Did not remember
If Nelson received five thousand dollars in
Union Pacific stock with the fifty additional
shares. Knew nothing as to what Ames did
with the stock transferred to him. Mr.. Brooks
said distinctly that the stock was to 60 to his
son-in-law, MIR. Nelson, and not to him,
BY Mr.. McCreary:-Did not remember Mr..
Brooks suggested that the paper should be
signed. To the best of his memory thought il
was after Mr. Brooks learned that
THE FIFTY SHARES ADDITIONAL
were to be issued that he said they were for Mr..
Nelson. Never talked with Mr.. Alley about
the matter. Remembered OF no controversy
among the directors about issuing the fifty
shares to Mr.. Brooks. Did not remember of the
stock having stood in the name of Mr.. Brooks
on the books and his name being erased in order
to insert that OF Mr.. Nelson.
Investigation No. 2.
In ;,,,,a
committee on Saturday after our report closed
the examination of Thos. c. Durant was con-
Guided and the committee adjourned until half
past seven O'Clock in the evening. Upon reas-
sembling j. NJ. s. Williams, of Massachusetts
was examined. He was treasurer of the Union
Pacific railroad, and he testified that the inter
ests of that road and the credit moblier were
identical. He had always contributed literally
for campaign purposes, but not for the purpose
oil unduly influencing elections. In reply TO
question, whether member of Congress had
been employed as attorney, he stated that JnO.
B. Alley brought with him TO New York Gen. B.
+. Butler, and that the Union Pacific railroad.
in consideration of the advice given TO it by en-
Butler at the time of the controversy about re-
moving the Office to Boston, gave him fee OF
5000 Mr. Williams had heard 5000 spoken
Of but he could testify to So ,Oo0 for he had seen
| ii on the books.
Mr.. Allen, who was present in the committee
room, asked the witness what ground he had for
making such an assertion?
The witness said 1t was so understood-it was
the rumOr at the time.
Mr.. Alley rejOined SO had no more to do
with it than you had. did not bring General
Butler to New York He was sent Tor by the
president Of the company"
WASHINGTON LAWYER ON THE STAND.
Mr.. Joseph b. Stewart, a lawyer OF this city,
was examined, and stated that he had received
a fee of $50, 900 from Durant and Hallet and
also fee of $4,000 from Mr.. Huntington, OF
the Central Pacific railroad, and had used every
means which could be exercised by a citizen. BY
going before committees and talking to mem
hsas "A la
| Pacific railroad. Other large sums were
placed in his hands to reconcile di derences be-
tween conflicting railroad interests, including
the Pawnee. Leavenworth and Western rail-
road; he acted as counsel between the parties
and as mediator and negotiator; the compensa-
ton received by him was in the for IN of railroaa
bonds, not government bonds. He was asked
to whom he gave money to reconcile the iii fer-
ences spoken of, and he declined TO answer on
the ground of the confidential relations that
shond exist between counsel and client