New-York tribune., 1873-01-16
CREDIT M0BILIER PRESS COllMENTS.
A MOST GIGANTIC FRAUD CONCEALED.


The Credit MObilier investigation seems to
be only open in gigantic operation for cheating
the Government Out OF 1hus ana money IN cOnect1n N
Oakes Ames's statement as TO what C0ngressnen held
the stock the Pennsylvania Company. Most Of those
named held only little, and gave II up when they saw
its connection with their duties as legislators some OF
them men whose integrity s not shaken by the dis
closure. Almost everybody, from clergymen down TO
bOOtblacks. is operating IN one way or another ana
will not be somehow affected by the legislation OF Con
gress even the Investment in United States bonds Is
affected e it. 50 ANT y0as sort o he mas Is
pretty sure 10 be indirectly affected by his Own
votes We can indeed, how perfectly honest man
more likely TO be taken in by 1t than rascal who
was familiar with the intricate by which fortunes
members Of Congress who were shrewd enough to keep
their off the list who have in some way profted
enormously by this Pacific Railroad swinde. And the
facts about this swndle, it one are what the public
are determined TO have 1t s ntimated that there Is
OF late year-snking out OF sight the theyng in New
YORK II the present Congress Investigation does not let
will certainly visit speedy punishment upon Congress
men who fan in their duty regarding IT,
NOT A CREDIrABLE TRANSACTION.
from The Boston Traveller (4dp, Rsp)
Mr. Ames argues that he did not sell this
STOCK 10 Congressman TO influence their voes because
these already friends OF the road but this plea
stock was secure influential friends for the enter
prise. He did not and does not now have shadow OF
suspicion that wrong for Congressman to buy the
stock under such circumstances but IL evident even II
the purchasers of this stock were quite as innocent when
they made purchase that they have since that time
received light the matter and 1t is cause for
regret that when this new light dawned
the Denial of a wrongful act does not by
any means lesson the guilt thereof We fear that Mr.
Oakes Ames Will never be cured OF his bad memory,
but we have a hope that the Congressman who by
posure made to reaze that their purchase OF Credit
MObeF stock was hot aecreditabe transaction, will be
taught By the later revelations the folly If not the sin of
denying the II their conscences are not prcked,
proved II In their past transactions they have been as
harmless doves we hope that in their future invest
they will be as wise as serpeDts aud AVOID even
the appearance OF eyn'
COEGRESSMEN MUST NOT OWN STOCK.
Fron IN Prppidsao. Journal (AGm. BepJ
This investigation has brought very dis
members Of Congress not stock Of any kind,
the value Of which may be influenced by their votes.
toned in connection with this Credit Mobier business
is OF course, 10 show precisely what this
on any question pertaining TO it. II he has acted he
knows that he VIII be regarded with dstrust and
OF Congress do this II equally so for all other egs
lators, whether State or municipal. aud also for all
to stocks alone 1t applies equally to all priyaLe per
s9na Interests % & and II require; That they never he
public officer, whatever be his station the trust with
which he is charged. II the investigation in
much neglected rule for ali public and official ransao
tons, 1t will do much to promote the benefit OF the
country That tns Will be its effect sincerely hope.
THE DENIERs IN A "TIGHT sPOT.n
From IN Troy Tines (Ady, R,pl
The Credit MObilier grows no better with ven
tatOn The gentlemen In Congress who denied all
necti0n with II during the and repeled the i'm
putatiOns which were cast them u ,n now put
in tight spot by the recent revelations OF the opera
tOns OF Ames McCOmb Co. IL Is right that the people
should know 10 certainty how many OF their ensla-
tors any, engaged in the scheme and 10 what
extent they involved Voting away the peoples
money and bonds for great pu0c schemes profitable
and the people desire t to certain extent But voting II
10 enrich gang Of mercenary speculatOis inst
the thing Taking share IN swindiDg stock company
pfOts we've DO in proportion 10 gifts from
md alaA fnT
IL nor now ~ any regarded the iud.cous
act which Con grcssnien can do. f