The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-24
Revelations Of the Financial Adviser and
PaWnbrOker Of Congress.
banning Facts Brought Out by
POland's Committee.
THE STOCK AND SHARE LIST
Names Of the Implicated Congressman, the Shares
Allotted to Them and the Amounts They
notwithstanding Boutwell,
Not To Be Bribed.

Judge POland's Investigating Committee had an
eventful sitting to-day. Cakes Ames continued his
confession, which made sad havoc OF the testimony
given by Vice President COlfax, Representa- ives
Garfield and Kelley, while 1t indirectly gave the
finishing blow to Senator Patterson who might as
wel politically, give up the ghost. In the light Of
Ames' evidence these gentlemen are placed in q
very unenvable position in view OF their past as
severatiOns. Cakes Ames acted during the whole
sitting as II he goaded on to say what he did;
and his expose Of his own schemes and those of his
colleagues were ample as to suggest the thought
that he no longer wished to vindicate himself, but
to drag his cOnfederates down in his fall. His tes
timOny has excited great sensation, and will bring
down upon his head the concentrated wrath Of
THE EXPOSED CONGRESSMAN AND THEIR ALLIES.
He seemed to realize that he was not preparing
for himself bed of roses; but uncomfortable as he
has been made by the recent events before the
committee, he did not seem to be of that benevO-
lent disposition that would make him suffer in
silence in order that he might save Others
The committee room was crowded this morning
at the opening Of proceedings. Vice President
Colfax, with anxious look upon his face. sat Just
back of Judge Poland. From the fact that not once
during the sitting did ne give of his elastic far
reaching soul pervading smiles. one might have
inferred that some secret trouble was gnawing on
his vitas Shortly after ten O'Clock the venerable
Poland signI1ed his intention to go through the
list of accused Congressman with Mr.. Ames to see
how their statements compared with his side Of
the story. They began with Cofax. Ames' story
was a simple straightforward one, and during its
recital Colfax was the misunderstanding man in
the room.
THE ARROGANCE OF EXCESSIVE VIRTUE
fed from his face, and he began to look
more like a Congressman than he has for some
Colfax at his request; Ames advanced the pur-
chase money. Shortly after the transaction there
was an eighty per cent dividend declared in Union
Pacific Railroad bonds. These he sold at ninety
seven and applied the proceeds to the credit of
COllaX, after deducting interest Colfax then
gave him a check on the Sergeant-at-Arms for
1884 ~, the balance OF the purchase money. The
Vice President here broke in with set OF ques-
tons, which did not materially help his case. He
asked Ames whether he had not come to him and
begged the money, as he needed it badly He also
queried
WHAT BUSINESS CAKES HAD TO SELL
the bond dividends if they were his (Colfax's).
Ames replied he had probably given him the usual
statement of indie btedness furnished to stock
holders He supposed he did not deliver the stock,
however, as 1t was not demanded. In June there
was cash dividend the Credit Mober Of s., 200,
which he gave to Vice President CoiaX, by a check
payable to 49, G. or bearer" drawn on the Ser
geant farms. Coax's thin story of his offer or
the money, given by check, as a present to Ames
on account Of his failure, was simply laughed at
by Cakes, who said that he would not even take
the trouble to deny so absurd story.
THE VICE PRESIDENT EXCITED.
Mr. COlfax at this juncture became excited, ard
said in nervous way that he gave Mr.. Ames
tice now that he would prove the negative of his
assertion about the 81, 200 dividend The Vice
President saw in the recesses OF his memory that
Oftrepeated assertion made during the campaign,
al have never owned any shares nor received one
cent OF dividend Of the Credit MObilier," and it
now came up before hlm in such crushing way
that he saw it was necessary to move all his
gies to avoid the blow. He then examined Ames
very sharply, and asked him about conversation
between them, when he (COfax) had said that ''the
Credit Mobilier business was On.n Ames replied
he could remember nothing OF the sort. He had
always regarded Mr.. Collax as the owner. He had
the shares with him and was ready to turn over to
Mr. Colfax his property then and there.
Alter Ames had finished his story, which left the
Vice President decidedly tame and humble, he had
to submit to a series of imploring questions from
Mr.. Colfax. The President of the Senate asked
THE FINANCIAL ADVISER OF CONGRESS
why he had not corrected him before in his state
mcnt when he had said that he never owned any
Credit Mobilier stock9 Ames' reply was signif-
can't He said he had hoped he never would be
called upon to contradict the Vice President. He
would let the matter go over If possible. Another
important point elected in the cross-examination
was that the 81, 200 dividend had been paid before
the time that Collax claimed there was talk Of
the business being "on.n The check of Ames,
payable TO as. CO. was damaging proof, which
Mr.. Colfax could not shake Mr. Ames said he had
not mentioned it before as he had not the neces-
sary memoranda to support it. He now had.
THE VICE PRESIDENT TURNED PALE AND LOOKED
LIKE BAFFLED MAN
when he saw that the testimony Of the Sergeant
alarms would nail Ames evidence beyond his
power of shaking IL. Ordway, the Sergeantat-
Arms, was then Intercepted. He was exceedingly
considerable and gentle, but told the truth. which
undid the tale Mr.. Collax had woven. He remem-
bered in Ames' account one check at the time
mentioned, drawn payable to rs. Co." or bearer;
but, as he was not the paying teller, he did not
know who had drawn the money. But the fact OF
his having seen the check, which comedies with
Ames' statement, compile tey crushed Mr.. CofaY's
testimony to the contrary. lie stared blankly be-
fore him; he saw the result OF his deception and
the light in which he must be regarded hereafter.
EVERY MAN HAS HIS PRIcE.n
During all this talk between Ames and Colfax,
the former drew forth huge red leather pocket
book and fshed out a card on which he had memo
randa of cash dividends that he had paid to Con-
gressmen or holders of stock. The paper read as
follows:-
Henry Wilson. 81 200 Garfield ........... 1929
Sconed, 26th..... 500 Dawes ....."........ 600
Patterson. 1000 Kelley .............. 500
Bingham. .......... LOO wilson, j. F., June % 80
CoaX, June H.. 1900 Allison. ............ 600
This list was neither incorporated in the evidence
nor made public.
ALLEYS AWFUL FoRGETFULNEss.
AS drowning man catches at a straw Cola y
called up the incorruptlble Alley, who came shuf-
fling forward. The Vice President asked him