The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-15
The Oily Ames in Explanation Of
Mr.. COlfax's Interest.
A QUIET REVIEW OF THE EVIDENCE.
Progress of the Investigation Before Judge
Poland's Special Committee.
MEMBERS OF CONGRESS- IMPLICATED.
The Character Of McComb Not Proper Subject
of Inquiry Statements Of General Garfield,
Mr.. Ham and Mr.. Durant-White-
washsrs Wanted at tho Capitol

waShsrs Wanted at tho Capitol
Il win be remembered that when the charges Of
Conversational corruption In connection with the
Credit Mobilier were 1rst made public, during the
recent Presidential campaign, they were met by o
broad and positive denial by most Of those impu.
Gated tn tho AFFAIR and BY indignant denunciation
nom the republican party press as fabrications out
sf whole cloth. comparison between the state
ments published before election with the facts SUBJ
peQuently developed and with the testimony OF the
parties themselves given before the Congressional
pommittee win serve to show how much progress
has already been made towards a discovery OF the
truth, and will throw some light upon the efforts
ytin being made to suppress or defeat
tho investigation. We give, as Q matter
81 interest," Q few specimens, which will show
tho treacher0us character Of the parties who
woro Interested In Credit Mobilier transactions,
III OF whom seem to have been unaccountably
Uareless OF dates and remarkably fOrgotful in o
financial transaction in which thousands Of dollars
or pronts were involved. We begin with the indig-
nant denial OF the whole story by Cakes Ames In q
letter published September II. 1872, and compare it
with his testimony before the investigating COM
Inittee:-
THE CAKES AMEs DENIAL BEFORE ELECTION
Extracts from q letter to his constituents pub
g ltshed September II, 1921
my n r. me eaa nd
ss%nsnS y d he
@ ns ns SRe of the off,
the executive officers Of the company and several Of
n
sompa w Te sen 70 @ S
directly or indirectly. BY me. Or any else my
now reiterats and reafhrm the statement with tho
member q Congress sworn snswsrs myself and
lying side by SIDE IN the same could have been
The list Of names given by McComb. as inoorsed on
my Letter and were Written by hPmss as he
tie had authority from me for making any such state
THE CAKES AMEs CONFESSION AFTER ELECTION.
Extracts from his testimony before the Investi.
eating Committed
agree to sell 9 and ala asray s deliver
thought then Or Of Amy WRONG Or sS s
cannes y such members will gladly furnish 70 the COM
mttec desired and leave Il to those sentlemea 70 say
The distant! saSSshi Time q
their buying Of pe so many shares of national bank
iuced the other day. BY Mr.. McGomb and the witness
We're Sose letters written the they
eesr' A. Probably unless made mistake in the date
IN nth The letter. the earliest date January 1885,
s.
ssss.:s 1sas e Sa = i :
i s Mn sc y s were Credit in refer
What did You BY saying that 70. had Is
Thsy had Tsisiencs e n amount g, stock but to
%Ss W. a.ssasd gone to
70 I"r
hst intended e give /, out to i9u. from Mas.aehassts
gone 2, A. What meant by saying that had "as.
what you had designed to dor A. That what had de-
aeonS DESIRING that his friends should s have
ihinf that Mr.. Wilson, OF Iowa. one whom he
~ @ Per cent ss
MAS the shares tna; got my
Su%ssq io o Se ws
' got
% i,s as' 2 the s se
Of the nsInss was made by him BY your reading these
where you had them entered Now viii YOU state what
have mentioned 70 give stock R't to-
stated IN The fore part Of the letter names of persons
Did You have that l:s Of name: in poc1e.eoot or
% S sSss :, "a%ss Y
Intended 70 sell stock. ''''' "A''A
VICE PRESIDENT coLFAx.
Vice President Colfax,. whose name was on the
Cakes Ames list, gave very positive denial TO the
whole story during the campaign, in q speech de
livered ut South Bend Ind, on september IS, 1872
and his statement was accepted as proof that he
had never held single dollar interest In the Credit
Nobflier stock. Subsequent developments, 1t will
De seen, warrant different Interpretation Of the
Vice Presidents explanation.
VICE PRESIDENT CoLFAx's SPEAR OF TRUTH BEFORE
ELECTION.
- IS, 1s72.l
Let me detsln you q fcw moments, my townsmen
S's nay xSai WORKINGS stun sa%pss.
any Ps,sSp sysT ssys
shares xcbiiier any other railroad stock and that
HSns QUE The per
cent dividends in cash. stocks and bonds you have read
nor OnssS,S q one per cent emit. '''' NV '''' ~
VICE PRESIDENT coLFAx's CONFESSION AFTER
Extract from his testimony before the Investigat
Ing Committed
Five ago. about boz the time q the hodsy
regard tine u he Suns on
IN thu %s hundreds Of pss me al
Ss nS1 ts Sa 70 time oc r. the Credit
PTS isa INQUIRED 4. Se of aT
&. g rosS R:Ss
S plo oss o % : r ans ss
Ssi s H. SS n sns s: @
css Of limited means and would be willing to Dur.
chase thirty shares At fair price n had the money;
but added frankly could not pay for them until two
o. ass T Ss o. se .
lsrEer than the he replied that he would con.
tract 70 sell twenty shares at III would IN add
Hon agree 10 pay interest until nna payments inquired
what por cent would pay and he replied that there had
been large dividends but the road pushed further
Into The Inferior the profits might not be so large though
woud agree purchase twenty shares ut par and In.
tsresf be paid had the money some weeks
or months afterwards at the session, paid Mr..
xmes about Ave hundred dollars cash on this contract
dividend nor ccrdcae Of stock In whole N part my