Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1873-01-30
The Credit MObilier.

Inc Cred1t mODl1er.
A Washington dispatch of the 18th says
The Wilson committee on the Credit Mobilier
had a decidedly sensational session to-day.
MIR. Durant was asked in regard to the large
sums allowed him by the Union Pacific for ex-
penses In Washington in 1864, and the COM
mlttee, after some examination, obtained the
statement that these accounts in gross, extend
ing from August, 1864, to May, 1866, amounted
to S435, 600. As to their character Mr. Durant
testified that they we're known as "preliminary
expenses that were to compromise claims of
other roads, !" and for other purposes" in
Guiding services Of attorneys; that he brought
one attorney with him from New York, and
upon introduction to J. b. Stewart and Alex
ander Hay here, he employed them as attor-
neys, though he had no previous acquaintance;
that he put into the hands of Stewart about
1920, 900 and into the hands of HAY about
800, 600, and that he took no vouchers for
what was received by them from the third par
ties they dealt with. This caused great sem
satlon, since both Stewart and Hay have long
been noted lobbyists here. All these accounts
| were allowed him by one Board of Directors of
the road. They were suspended by succeed
ing Board and thus their character developed
| The committee instructed Durant to produce
| all the vouchers of any kind taken by him in
this transaction. He was also directed to pro-
| duce the checks he gave Mr.. Harlan in 1865.
| The testimony also developed the fact that
| Cakes Anes' contract covered PAT miles of
road already completed. and that the Ames
contract for the construction of this section
was greater than the original cost of building
1t. This gave about SO, 100000 profit to divide
among the stockholders of the Credit Mobilier
the moment the contract was signed
The evidence before the Credit Mobilier in
vestigation Oh the 18th was in the main cor
roborative of what has gone before. Exon
gresham Boyer, of Pennsylvania, Appeared,
and admitted that he had received 100 shares
of the stock, for which he had paid, and saw
no harm in the transaction. never having been
called to vote on the railroad. Ex-Congress-
man James T. Wilson, of Iowa, made a state
ment that he was offered and refused the
stock, but afterward bought some for invest
ment. Ames' book-keeper swore that Ames
had a list of Congressman to whom he sold
stock III a book
The testimony taken before the Credit Mo-
bilier investigation on the Goth was rather
cumulative than new. Mr.. Dillon. the Presi-
dent of the Credit Mobilier testified that Cakes
Ames had said that he was under obligations
to members of Congress, but he could not re-
member that Ames had mentioned any names
to him, and was not positive as to the extent
of these obligations. He testified that Brooks
came to him one day, and told him that he had
received 100 shares of stock from Durant, and
under the rule authorizing the increase he was
entitled to the so shares additional. He
promised to consult the directors. did So
and they agreed to let him have them
est in the shares to Nelson. who came to get
the shares. At the same time he borrowed
from Dillon $1,000 to pay for the stock. Mr
Durant paid for the stock transferred to him by
the company. He declared that Brooks ha6
nothing to do with the loan made to Nelson
and to the best of his recollection the latter
paid par and interest for his stock. He could
not recollect whether Brooks name had beer
erased from the books and Nelson's inserted
or not The investigation in the second com
mittee is about to turn on the deposition made
by j. b. Stewart of the immense sum paiC
him to influence legislation on the Pacific rail
roads.
Senator Patterso, of New Hampshire
voluntarily appeared before the committee
again, on the Dist, and insisted that what he
had heretofore stated was correct. which wa:
that he gave Ames money for investment il
Union Pacific railroad stock and bonds, and wal
not aware that the latter had applied it to tie
purchase of Credit Mobilier stock. In proof O
this he said that Ames had written him two let
tiers last fall relieving him of the charge mad,
i'll the Senatorial campaign in New Hampshire
that he Patterson had owned this stock
which letters were produced and read by thu
latter. Cakes Ames looked up with consider
able establishment, and at his request was
once placed on the stand. He said
was true that he had written these letters
but had been so importuned to save Pat
terson that he could not well get rid o
writing them; that while they we're true OF
their face, that Patterson's name did not ap
pear on the books an owner of the Mobile
stock, they were not true in spirit. as Anne
had bought and carried the stock with Patter
sons money, and he paid Patterson dividend
on the same. 1t is understood that Ames ha
found his memorandum book and his memory
! and is prepared now to overturn most of tn
. evidence which Congressman have given il
, their own behalf. Startling revelations al
promised. Congressman James Brooks, @
= | New York made statement in his own he
half, which created favorable impression
| upon the committee. He showed that his in
terest was acquired when he was not mem
Der Of Congress, and before he became Gov
+ eminent Director, and that, when az pointe
J director, he transferred his st Jck to Lis son
in-law, rather than sell it and incur a sus
l picion of profit. He knew nothing of the div
dendS