The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1873-02-13

mon are inclined TO buy. Seven or
eight hundrsd per cent. on any in
vsstinent, in = few months, ought to
satisfy reasousbls 6scal amoitiou.-
But the road having been stripped Of
vast property tor the purpose OF
enrNhing those who should have
been i,s guardians, that soon happen
cd which was to be expected. 1t
could not pay the annual interest on
tbs bonds loaned to it by tho Gov.
ernment.
The vast property which the road
should have had to meet all its on.
gage,nents was swallowed up in
Credit Mnbilier, !. e., among the Of
ticers and managers OF the Union
Pacife.road.
1t is plain the Union Pacific would
need warm friends in Congress-
There was a good deal 10 be done,
6rs. or last, to mend its broken for.
tunes, and make up the weakness EN-.
,a,ls.l upon it by its trien,is. Tbs
managers Of the Credit Mobilicr
thought that there would be no
harm in placing little oi their stock
in the hands OF influential Congress.
men. There is no reason, except
sensibility 10 reputation for imma-
culate honor, why q Congressman
should not buy that stock. 1t may
we'll be suppos d that they knew
nothing OF the internal history Of
Credit Mobiller. and knew little OF
the legislation which might arise in
connection with 1t.
About July OF last summer, 1872,
when the Presidential car vass began
to grow warm. 3 certain Col. NC.
Comb quarreled with his partners in
Credit MobiIier about the owner
ship of some $50 shares which he
claimed, but were assigned to Oakes
Amea, member OF Congress from
Massachusetts, and the chiet mana
ger o: Credit Mobilier, to bc used
among members OF Congress. Nc.
Comb disclosed these facts, and pub.
fishes the names OF number OF gen.
tlemen who, he affirmed, had been
mentioned to him by Ames as recip
tents OF Credit Mobilier stock
Among these were Henry Wilson,
United States Senator, and candidate
for the Vlce-Presidency Mr.
Blaine, Of Mxine, Speaker of the
House of Representatives Senator
Patterson, of New Hampshire; Judge
Kelly, OF Pennsylvania; Schuyler
Cotax, Vice. President of the United
States; Mr.. Garfield, Of Ohio; jaime.
Brooks, OF New York; Mr.. Dawes,
OF Massachusetts; Logan, Of Indiana
and several others. The charge OF
receiving Credit Mobilier stock was,
in general, Indignantly denied by all
the parties. Instead OF avowing the
simple Truth, as they should have
done, and claiming tho right, as
much as any other men, to deal in
public securities, they, with one or
two exceptions, cqulvocated, seek
iny to leave upon the public mind an
impression that the charge was false.
The investigation now gong on has
exposed these snbterfnges. Mr..
Senator Wilson and Mr.. Speaker
Blaine seem, by general consent, to
have come out OF tho ordeal unssath
ed. But the rest present more pitt
able plight than was ever before seen
in the history ol American Congress.
Several arc convicted OF evasions
and dl.ingcnuousness; others OF the
most suspicious torgettulness Of facts
and some Of astounding falsshoo Ia.
1t Is true that the investigation is
not concluded at the present writing,
and we terven,ly hope, though with
faint expectation, that some redeem
ing light will be thrown upon the
case. II not some names which oil
men have honored will be deeply
stained with dishonor.-C Chr,stian
Union.