The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-09
the CREDIT MOBlIER INVESTIGATION.
Cross-Exa minatfon Of Alley Continued
Fisk and Barnard and What They
Dfd-Ames' Innocence-A Suggestive
Telegram.

Telegram +
WASHINGTON, Jan. 8, 1873.
The Credit Mobiler Investigating Committee met
this morning at ten O'Clock, all the members pres
ent excepting Mr.. Banks. ~ jra.
Cross-examlnation OF John B. Alley resumed-He
said that up to December, 1857, the Credit Mobier
shares had no market value; he knew that two
shares were sold ct o5. and the same were offered
at rs; but late In December, 1867, after Ames
agreed upon the basis the stock rose in value,
bringing 100, and In January 200. and later 225.
The chairman having asked question relative to
the 100 shares standing IN the name of Mr. Nelson,
son-n-aw Of Hon. James Brooks, witness said he
had no personal knowledge as to who was the
original owner OF them or who paid for them. It
appeared On the books that Nelson wss the owner
Of them, and was entitled to fifty shares more.
There was aA'
NO CONVERSATION BETWEEN WITNESS AND BROOKS
in relation to those fifty shares Of Nelson's he pre-
sumed Neil SON paid for the shares
Mr.. McCrary asked witness whether he knew
how many shares Of Credit Aobilier were disposed
Of TO members OF Congress- I
MEMBERS OF CONGRESS STOCKHOLDERS.
A: Ames subscription, believe, was on the
books, and Hoopef's. Grimes and my own; Sen.
ator Wilson agreed to take twenty shares and
Dawes ten shares; took 500 shares, but they were
not all for myself; after January /, 1868, do not
know that any were sold to any member OF Con-
aTe road would depend e
friendly legislation; IL did not occur to me that
any further legislation would be required
and none as to the pecuntary matters
Of the company; II the fullest investigation
could be made into this subject the public would
have been better satisfied especially after the Nc
Comb suit was Instituted, which gave rise to 80
much misrepresentation. The removal Of the ONCE
OF the Union Pacific Railroad Company to Boston
was matter Of life and death to the company to
keep 1t out Of the clutches Of
fl. JUDGE BARNARD AND FISK. IM
Fisk wanted the witness to settle with him for
500, 900; but the witness said he would never be
willing for the company to pay him single cent,
saying to Fisk, "An your interest Ii only 800
Fisk replied 1t was matter Of dollars. and that II
the company would not give him 100000 he
would damage IL to the extent Of q million; and
FISK did damage II TO the amount OF several millions
by his raids. rsfi fh ~
witness was asked whether he did not get and
have under his control 500, 900 to cause an annu-
ment OF the Secretary Of the Treasury's ruling as
to the interest on the Union Pacific government
bonds To which witness answered that 30 Tar a.
- HI oHxILnNerp INVESTIGATIONS;
he never had any money, not dollar, TO use,
be believe Anes had the slightest fdea OF innu-
encing the legislation Of Congress by allowing his
friends to have stock. NV I. ~. q. BIZ. L.g..r-
The witness said he sold his stock at 200 in jan
uary, 1903 his impression was that IL included all
the dividends, ~ he himself never got any OF the
dividends Of the stock thus sold be sold this stock
to Peter Butler, Of Boston, who, he understood,
bought II for Mr.. Bardwell, OF that city. ''ty
O. Do You know how much money Mr.. Cakes
Anies put into the Credit h0Dlller stock A. 1 do
not the books show Il do not Snow Of INV own per