The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-15
WASHINGTON.
MolTill's and-Grab Bill Passed
in the Senate.
The House Hallooing After the
Pacific Railroads.
Secretary Boutwslps Ideas on Finance and
What is Thought Of Them.
Further Developments in the Discredit
Mobilier Investigation.
THE SENATOR FROM LOUISIANA.
Pinchbaoks Election to the Senate Amazes
and Comforts the Fusionists.
FRANK BLAIRY SUCCESSOR IN THE SENATE.
Secretary Boutwslps Ideas on Finance and
What Is Thought Of Them.
Further Developments in the Discredit
Mobiier Investigation.
THE SENATOR FROM LOUISIANA.
Pinchback's Election to the Senate Amazes
and Comforts the Fusionists.
FRANK BLAIR's SUCCESSOR IN THE SENATE.
WASHINGTON, Jan. II, 1873.
Cabinet Meeting. l

WASHINGTON, Jan. II, 1873
Cabinet Meeting. a-
The Cabinet session to-day was fully attended
and lasted two hours. Secretary Boutwell, Ia stnl
confined to the house with severe influenza, and
Assistant Secretary Richardson represented the
Treasury Department at the Cabinet meeting. The
consultations were without unusual interest, and
there were no matters determined Of national I'm
pOrtance.
Progress OF the Credit Mobilier Inves-
tigation-strong Testimony Against
james Brooks-scenes in Judge Po.
lands Committee.
Judge Poland's Credit M0bier Investigating
Committee is becoming quite the attraction for the
lovers OF rich and racy disclosures. Every day
brings forth some new revelation more interesting
than the preceding ones. Jeremiah Wilson'S side
show does not seem to diminish, but, on the con-
frary increase the interest in the proceedings Of
Judge POland's committee. To-day the committee
room was crowded with reporters and spec
tators. There were the same actors In
the drama present, with some additional
important performers There was the universal
trustee, Hoax Ames. that good old man from the
sea, who bore the burden Of his many confding
colleagues; there was McC0mb the happiest man
In the room, and his counsel, Judge Black, whose
racy humOr caused much merriment there was
also Mr.. James Brooks, more cadaverous than ever.
Representative Garfield appeared and read q
written statement. The burden Of his song
was similar to that Of so many Of
his accused colleagues. He. too, by the
merest accident went to that safe, discreet
old gentleman who was 80 accommodating as to
guarantee ten per cent without investment Of
sapital, besides paying enormous dividends The
venerable Hoax was, however, only 80 accommo-
Aottr lfko1v 10 Hos
all the members ensnared by his wiles were the
leading and most influential In the House. They
al went to Hoax Ames in the same way as impe-
cunious youths will 60 to ''see their uncle.n
George Francis Train also figures quite
prominently among the tempters Of Gar
neld-whose poverty, however, not his win,
prevented him from yielding toA the tempta-
don. Nelson was recalled He contradtcted
himself In one notable Instance and got his
1ather-in.lsw into worse mess than even that
caused by his awkward testimony yesterday The
psxt witness was Mr.. Ham, present Secretary Of
the Credit M9bilier, He had Q most treacherous
memory and could not remember some OF the most
important transactions, and could not produce the
very papers that were likely to be wanted
because they were lost. He brought part
Of the books from Philadelphia, but one Of
the most important. the stock transfer book, had
'gone where the woodbine twineth." 1t was, how
pver said he, all Fisk's fault; for he had made
sral raids on the Credit Mobier. and all the COM
pany with all the books and papers had to 60 to
travelling, and some Of the latter were still en-
gagged In the same pursuit. "why were the books
hidY" asked Judge Black. 'In order that parties
not interested In them should not have
chance to see them," answered the plausible
Ham. "HOw were they lostS" queried
the Judge. 81 don't know how they
hisappeared.u Ibid you see them disappear ~
The discreet Ham did not. Mr.. Crane, the former
assistant treasurer, was then questioned. He
was far more outspoken and had better memory
than his predecessors. lie explained how Brooks
had paid him personally on $4,000 In return for 100
shares Credit MObiier and the accrued dividend OF
BOO Union Pacific shares and 5000 Union Pacific
bonds The shares had been handed to Nelson and
The bonds to Mr.. Brooks himself. Crane thought
this was pretty good trade and said that some more
dividends came along pretty thick.
The most important witness was Mr.. Durant,
whose testimony went direct against Mr.. Brooks
He showed how the 100 shares Credit Mobier
which had been In his name were transferred to
Brooks, as above stated, and how Mr.. Nelson had
received another instalment Of fifty shares as
mere gift. 1t was also found that Mr.. Brooks
name, standing for 100 shares, had been erased
from the stock ledger and Nelson's name substi-
tuted for II. All the attack seems to be now con-
centrated on poor Brooks as II he were to be made
the scape goat for his fellow sinners. Looking at
his cadaverous, detected countenance one could
not help feeling for the old man In trouble.
The House Debating the Affairs OF the
Pacific Railroads and Their Liabilf
ties to the Government-Trench
Blows at Monopolies.
There was lively debate in the House to-day on
the affairs OF the Pacific Railroads and their iabili-
ties 20 the government. The Credit Mobilier in
vestigation has made the House very sensitive on
this subject, and squelched several members. the
paid agents Of grasping corporations. who,
by their INSCRIPTIONS manGuvres have
hitherto controlled legislation. At one O'Clock
the House went into COMMITTEE 9! The whole
on the Legislative Appropriation BILL and discussed
the pending amendment to repeal the ninth Sec
ton Of the Appropriation bill OF 1872, which, say the
democrats, was surrepttiously introduced at the
time. That section forbids the government to
withhold more than half Of the earnings Of the
Pacific Railroads for transportation Of troops and
mails towards the Indebtedness Of these railroads
for the interest paid on their bonds. Sam. Ran.
dali, who proposed still more sweeping amend
ment, dealt sledge-hammer blows to the Pacific
Railroad people. He was In favor OF Withholding
all their earnings from the government until they
had settled their liabilities to the latter Mr. Beck
was the only prominent democrat who espeused
the cause Of the Pacific Railroad. Mr. Beck's action
in this matter has surprised many who have here.
toforc looked upon him o. the uncompromising CD.
poncnt Of great corporations. In view OF hts course
In this case his original appointment az Of the
committee of the credit MOblier investigation has
o peculiar significance. 1t Is now said that Mr..
Beck, In the last election, declared on the stump
6a belief in the innocence OF COnQressmen incul
pated in the Credit Mobilier scandal. He further
stated that the Credit Mobilier investigation had
produced the same effect upon Congressman as q
red nag is supposed to have upon mad bull. The
Goat Island drill Sargent spoke in similar strain
to Judge Kelley. He said Congress might as well
rcpudiate ali the obligations towards bondholdera
a. repeat that provision OF law. He believed the