Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-26
WASHINGTON.
The Progress Of Investigation.
LOgan's Shares of Credit Mobilier.
Patterson Receipts for Dividends on
Stock He Didn't Own.
A Stunning Sensation,

founded should have had extensive circula-
ton, became theme sf much comment in
newspaper circles. The President was in
the best of health this afternoon. Washing
ton was entirey devoid of excitement, and
and the rumors which reached other locali-
ties have little or no circulation here.
WarmOth.
Gov. Warmoth stated this evening that
he had been in consultation with many
leading Senators and Representatives, and
expresses his belief that the Senate Com
mittee on Elections will report a measure
giving Louisiana full relief.
Senator Summer
is sill quite feeble. 1t is doubtful if he ap-
pears in his seat in the Senate again this
session. His attending physician still visits
him twice day, his last call being at 10 P.
M, when he injects morphine into the SEN
ator's arm to enable him 10 sleep.
The Present Indian Commissioner a
Confessed Failure.
President Grant is very desirous that
Gen. B. p. Cowen, of Ohio, at present act
ing Secretary of the Interior, should accept
the Office of Commissioner of Indian AZ
fairs, which the President in person tender
ed him some time since.
Shot for a Burglar.
WASHINGTON, Jan, 25.--John Hill last
evening shot and instantly killed Capt.
Kerney, proprietor Of the Central House,
Hill having discovered Kerney in his house
and mistakenly supposed him to be bur-
lar.
Credit MObiIIer-JOhn A. Logan Comes
10 the Surface.
At the sitting of Poland's committee to-
day the examination of Oakes Ames was
continued:
Poland-Upon the books of the Sergeant
alarms containing the list of checks
charged to Ames is one for 1929 given to
Jno. A, Logan. What was that check CIV
en- for?
Ames-It was the fashionable amount
about those days.
Question-Will you state the transaction
you had with Logan for which that check
was given.
Answer-Logan agreed to take ten shares
Of Credit Mobilier stock. / made up
statement showing the balance due him and
gave him the check for 1929 due him. After
that he paid me back the money with in
terest. prefer that you summon Logan,
and not take my statement alone.
Question--At Whist time was the con-
tract made between you and Logan?
AnsWer-I think in December, '6T.
Questionable paid no money!
AusWeT-No, sir, only that S329 he re-
turned to me with interest.
Qaestion-He paid you nothing at the
time of making the contract?
Answer-No.
Quession-You received bonds with bis
stock and sold them?
Answer-YeS.
Question-And afterW ard the money was
divided?
AHswer-Yes.
Question-And after deducting the
amount due you, it left balance of 1929
due him?
Answer-Yes sir. L remember that the
same as do all the rest.
Question-Did Logan ever receive any
thing more?
.AnsWer-No sir. He paid me back the
1929 with interest. l think the interest
amounted to two or three dollars. l can't
remember dates or amount exactly, but
much prefer that you will call Logan.
Question-What was said about rescind-
ing the contract when the money was re-
funded by him?
Answer-I don't know what was in his
mind at the time.
QQestion-When he paid you back the
1929 was it the understanding that the
stock remained as yours?
Answer-Yes.
Question-So Logan made nothing?
Answer-No; only he has the bad name
carried by the check for 1920.
Question--That is all there is in this
transaction?
Answer Yes.
Witness, on interrogation byMerrick, said
he thought the first propositions came from
Logan TO him in general way.
How Senator Patterson Never had
any StOck-AwkWard Receipts.
Judge Poland-I understand, Mr.. Ames,
you have some further papers which passed
between yourself and Patterson.
Answer-I have. Ames then read the
following receipts:
Washington, d. c., June %, 1867
Received of Oakes Ames eighteen hundred
dollars, ON account of dividends received
by him, as trustee, on stock held for my
account. ]. W. PATTERSON.
Oues,ion-You saw him sign ii?
Answer-I wrote the receipt and he
sigued it. Ames then read the following:
Bonton, May 6, '71.-Received Of Oakes
Ames two hundred shares Union Pacific
Railroad stock, and seven hundred and
fifty seven and twenty-four hundredths dol-
lars in cash, on account of Credit Mobilier
stock. There is still due on the transac-
ton thirty shares Of stock in the Credit
MObilier of America, and two thousand
in income bonds of the Union Pacific Rail-
way. j. w. PATTERSON.
Witness said this paper was in his hand
writing, but Patterson signed it in his pres
ence. The $l,800 is check given Patter-
son on the sergeant at arms. The other is
on the final settlement. Witness here
handed in q letter written to him by Patter-
son. He received several others which he
DESTROYED. This letter was written since
The Investigation commenced. He wanted
to make my testimony to conform to it.
had lots of conversation with Patterson.
The letter was read as follows:
WASHINGTON, Jan. "a, 1S73-Hon. Oakes
Ames, my dear sir: The facts in regard to
the Credit Mobilier, so far as 1 had any
connection with it, were as follows: You
came to me one day, knowing that want
Of means was a chronic evil with me, and
said: Patterson, if you would like, can
let you have thirty shares of stock in the
Credit Mhbilier, which l think will be
prostable investment, and will be a good
thing for you" My reply in substance was
that if you had anything which l could
properly invest in, and out OF which
l could make some money,
would be glad to take it, but that l had not
the money at that time and must defer it
TIL l could get it. Your reply was that you
presumed l could have it later when it
might be convenient. You regarded il
perfectly legitimate transaction at that time.
Y on did not, could not anticipate that you
should ever ask for further legislation from
Congress in respect TO the road. You
Eever did, except when it was forced upon
you by the Secretary. After this converse
ton with NE you may have had an i'm
preston / should take the stock at some
time, but for some reason or othsl, perhaps
for want Of funds,
Eever Took any of the Stock.
1 never had Npy stock in the company. 1
could not as IAdid not have its dividends.
If pressed to know if purchased at any
time any bonds or any stock of the rosd,
you can say did at the time they attempt
ed 10 embarrsss you when the value of the
stock was depressed, and paid you the
full market value for It. paid you seven
thousand dollars in money for stock
and bonds. The stock [ put Into