, 1873-01-20

OF this UfEh1lEntlO1, OF 10 uH0 luy luulFl1uAl oE
oticinl influence In ita fnyor." /
second-Beeon,tng satisfied, from this convcr;,
nation with h1r. Amon, TINT It "wag good md |
snfe Investment for ono Of limited mcnnB, " he
eg1oed to purchase twonty sares + Of utocl At pnf
interest from tho tilho Of purchase eomo vooksa
or months afterwards. Ao. paf Mr. AnleB about
$500 in casl, on this contract, TINT bong all tho
Thfrd-TLat fow months aftcr this (time of
paymont),. on loarning tho organization, was
ilkoly to become involved In litigation, he In.
formed Mr.. Ames that "No profits, preaont or
prospeeotyc, could induce linn (me) to lmy into
al irh lis ny) W fo s paa{ I a ordofenant ii % eoFt
of Justice; and that he ~ must therefore rocedo
entirely from tho transaction" And TINT all
this took place during tho soason Of Congress
that tornlinntol iu tile summon Of 18oB
Iourta--1hat 4 yonr or two afterwards, Mr..
Amen suspended payment in consequence Of hts
connections With tho Pacian, Railroad, md his
creditors gayc him au oxteneion OIL hia lInbill-
tioB !; Tint, rogretting tho fNiluro and it's cause,
ho told Mi. Ancs ',Io tlisnlss from his mind
tho aInall amount OF money bot"eon them !" and
tint this $50o has never been repaid to Mr.. Col
fax
Finaly-AIr. Cofax Informs ua that lla had
beon for years in fayor Of building tho Pacific
Railroad tint ho l,al mado hundreds Of public
addrcsscs and written In favor of 1t, and sup
poeod ho Ind tho sano right to purchase this 10
had to lay stook in q National Danlk or ma1sufac-
tory. Tllcso facts nro submitted to III by tho
Vico President by way Of explanation.
we arc informed by Mr. Alley, i On one o Of tie .a
gotiating for 1t at pnr, selling IN tho market
at quo, and, Inter, nk 225; aud wo know, as a
matter Of record, that the Pacific nnilroad waa
chartered while lir. Colfax was n monbor Of tho
House Of Representatives.; and that tho amend.
montn granting all itH vast ,aubaides were passed
whilo iio waB Speaker Of that body. We do not,
ut the limo, propose to consider tho question Of
yoracity raised botwoon Mr. Oolfax aud AR;
AncB, proforrinE to roVlow tho case ~ submitted
When we roilcct that this Pacific Railroad was
chartered BY, mud received subsidies, oqual in
bodyof Which Mr.. Colfax was ono Of tho most
prominent nc1nbcrs; TINT tho most important
amendtaont to TINT ehnrter WAS passed. after
sovero struggle, and caused such confusion that
It was impossible to socuro call Of tiio yeas aud
nnys, while he was Speaker Of that body md oc-
cupiod the chair; that, In consequence of those
very acts Of Congress-, tle stock in the Credit
Mobiltor for which he was negotiating with Hlr.
Ames al par was then selling ut 200 in the mnr-
kct,-re1uircs great crelulty 10 boliovo that, up
to this tilne he, Speaker Oolfa1, "know noth-
ing Of the special aims, capital or profits Of tho
Credit Mgbilior. Tho statement in againat oil
probahiliticB, and must rest entiroly on tho
character uf tho Witness.
Tho statement that no person connected with
tho Credit Moblier ever nskod Mr. Oolfax to
vote for or against any morsuro affecting tho
organization, or to uso his individual or official
influence in It's fayor eoasos to h1yo any slgni
mittoos appointed by Mr. Colfax Us Speaker
wore always under the control OF tho Credit
DIobilior. 1t only proves that this organization
Was ablc to secure from the Speaker al it re-
| quired, unaBked, and, he would have us be1ieyo,
| unrowardcd, That wo may form a correct judg-
| ment as to the transactions between hIessrs.
| Colfax and AmeB lot ua asls ourselves the fol-
| lowing questions: Why should bIr. Amos, tho
oto ~ n&fcn
ling millions Of capital, sell atoce privately ut
| par which would bring 200 in opon narket ?
Why conclude negotiation for tho sale OF stock
ut par on IN indefinite credit, when it would
ntrcet7 Why should 'n1r. Colfa1 hesitate to buy
stock at par on which lie could double his money
tho very aay, Of purchase? Why 80 ostonta-
tiously parade hia financial necoasities when any
to buy stock at par in tho Credit Mobilior
Would tho smiling statesman hayo us bolioyo Ao
il without either character or friends
Tho reasons HHsigned by tho Vice rresidont
| aro singular, not to say woak and childish. Ho
assures Us that, during NIL his life, having never
been party, to lawsuit, ho could not consent
:, oWn stock In Tan organization TINT might
pocr poc1 ~o. when explaining this matter. ho
Soaa n,,n. III himself as desirous Of purchasing
atnc! n %ftnin manufacturing companies at
aont1, esup1 Tand Strange it never occurred to him
that wagon n-1nn1 w huu c4over-soparatoE
companies are hs 10 vod Hs oxpaaaion Dc.
etrora tha yory xeaso,s .he aseigns, end a1ggosta
an inouiry that will syiad IN tho minds Of every
uorgon who roadB hia statement and that aR,
whother 1t is litigation or sa'os''eeslon Ae'H so
anxious to avoid.
The most remarkable part Of this statemont
romans to bo considered, and that is n regard
to tho $500 it took so long to acoun1ulato. u
must bo borno In mind that Mr, Cofax rocoaea oea
from ths o. n fo hsnda of
tvMi'u Ind fhst NJ T It VAS not until "tho next
, yoar or yoar thoreafter,". whom hlr. Amen
suspended payment ths, be tod f.ra1 Ar; mmos os
money between tlem." Why should Mr. colfa1,
| - man OF 'slmitcd meanB, Having teItnlnas-
<e>i contract by mutual conaent leave to money
| Of which ho was in such pressing necd uncallatl
And what wis that charity? It was well known
that tho suspension Of Mr.. Amos was not on ac-
count OF insolvency, lnt was cauaed by tbs &C.
tion Of the Treasury Department; that Ae Tas
sion; md that tho proiits Of tho oredit A1oblior
| had addodlargoly to his estate. What claims,
then, had he, 4 millionaire, upon tho 'limited
noans" Of Mr.. Coifax7 Thie explanation Of the
Vice President in regard to .,M'. tue snall 5,an
Sitaoh Mr aey who opua soems auiia ' unwilling to BE-
thought subject Of charity. When asked by
| tho Committee 1t tho 1tatemont or bpoakol
Blaine was tcorroct, ho made lie suggestive re,
ply, II mn willing to 80 understand IT, but
wLen anEoil tic same question In regard to Mr..
Colrax, Ls yputured ali explanation quite differ
ent from tho QUO wo llaye lad under consilora-
| tion.
III this short ststoment OF N1r. Colfax, NC dis.
| cover tho married. elaractorigtics Of tho man.
Ho still fancios l1nsolt MI actor before thG
American public, and, as a witneaa, In
unnatural. On ontoring tho stand, lie
strikes Il religious attitude. Ho ia better than
other mou. Ho is such lover of poaoo, ho Gun
hayo no controversy with his followa. I1o lind
rather be dospoiled Of his rightful oBtato tlian
i lofant himself in court Of Justice. His heart
Il gympathizes with every sorrow, fe keenly
touched at tho least misfortune, His charity Ii
i unbounded. IIo laylshes ILLS limited means upon
prncos., Wo have no disposition to pursue
tha subject further. We boar no ill.wil
towards tho distinguished gontlo1nan whoBt
conduct NO hnvo boon ;roviowiny, and deeply