Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-08-10
NTHE ACME OF FRAUD

The New York San printed few days
ago several columns frem lis Washington
correspondent explaining how the Central
Pacific Ring has succeeded in outdoing the
Credit Mobilier, and in gobbling s211, $780,
32S,1T. The correspondent is of the opin-
ion that thorough and uncompromising
investigation into the affairs of the Genital
Pacific Railroad Of California would dis
close still more startling fac.s-would re-
suit in the exposure Of a still grander
scheme of corruption, and bring to grief a
still greater number Of public men who
sold their souls for share in the profit of
the Credit Mobilier of the Pacific Coast.
The Sun thus comments editorially:
ave print to-day an account derived
from the most authentic sources of the op-
erati)ns of the Central Pacific Ring. This
revelation cannot fail to astound the public
even in these days of widespread-We had
almost said general-cOrruption and wrong
doing. If the charges made by the Super
visors Of Placer county can be sustained, it
is evident that the gentlemen of the Credit
Mobilier were novices when compared with
Stanford, Huntington and their colleagues
Of the Contract and Finance Company.
"Ihis company, indeed, seems TO be not
TIE twin brother, but the elder and much
the b gger brother of the Credit Mobiier.
That the allegations set forth by the plain
tiffs in the Placsr county suit can be to a
very great extent established by legal evil
dencs there can be little doubt. 1t is but a
few days since 'Mr. Hun iDgtcn and his
so4s, r.
ffths of the great Central Pacific railroad,
while the enormous wealth they have so
suddenly and mysteriously acquired affords
other evidence to support the charges made
against them.
1--WE have long been at'sfied that the
Contract and Finance Company was a
greater frsud than the Credit Mobilier; and
We have repeatedly called the attention of
The Congressional Committee charged with
the Investigation Of Central Pacific railroad
affairs, t1 the peculiar character of the Com
pany, and is operations. 81 therto little
notice has been taken of Central Pacific
affairs, as the company has its agent In very
confidential relations with the White
House, and has powerful friends in both
branches of Congress. Now, we are under
the impression that the institution will re-
ceive the attention i deserves.
at is charged that vast sums of money
haze be q used by Huntington and mis- con-
federates TO influence legislation. This Will
be no surprise to those who are familiar
with the secret springs which too often are
brought to play, in order to secure desired |
ends in Congress, No Oakes Ames has !
yet appeared with 3 memorandum book to |
show where sha-es were placed to do the |
most good; but then without such aid it |
may not be impossible to follow the trail of |
the corruptiopists. Indeed, it is not likely |
there will be any difficulty in the matter.
"What are we coming to? Is there no |
longer any regard for the principles Of hon
esty aud virtue in iris land? 1t would al |
mos seem that such was The situation |
when we see men who are leaders in relig- |
ious organizations and in honest business |
enterprises, laboring TO uphold an Admin |
istralion which is permeated through and |
through with corruption as rank as that |
disclosed on unveilipg the secrets of the
Credit Mobilier and Contract and Finance |
Con paDyw