New-York tribune., 1873-01-07

NJ When the stock was obtained In lses there was
1 oat aeOSs a. mn S approacssd nc for profits the
number OF shares that remained and with whlch alone
4 could fulfil many engugements had made, OF
supposed l had made, was very small.
then applied and got the shares have stated The
5 SnfSs ' Tns % Is Confined by the share list Which
shows $50 were allotted 70 me- From fret TO last
The road until December 1867 that there was
dividend An these were IN bonds or stock;
risk vet IL proved the road was Lot completed TIL
May @ and n MsS @ G S enable Se dS 10 Te to conn
ee the work The contractors were unpaid, and these
The Compsny were disoredited in the market
But IN the early part OF ses our prospects were re ey s
shares could get 70 dsappoint many but stEove 70 70
theIn in way that thought most advantageous n
spreading influence every where.
WHO ACCEPIED THE STOCK
Iwi now speak OF the transactions with the ndivd-
uals named letters produced by MI hcComb ana
his testimony. Mr. COifax is of those menuone"'
cannot remember which Of Us first mentioned the SUD
Ject know he wanted gel some STOCK anu ah
pretty confident he has paid me for IT. tnoqgn ~ Was was
never transferred 70 him can remember having
paId over TO him any diyioenG ..,. oho,. en-.
Az tho next Session ne said something ABOUT , slaS
thing being of MI Henry wilson ~ anOther lheIe
was fund given Mrs. Wilson on the 2oh anhlssThiIy VI
her Wedding and was consulted about investing t.
recon Do shares OF this stock Tor S20 ana the
money paid Ine some m2ntaS ms S f T St SU
had occurred 70 take H on ms hahus anu return 0he
MT Paterson bought OF this shares and it by
his order transferred 70 ba1king-house IN NeW-fOfK
have stated all can say respecting his connection with
the business You have heard Mr. Blaines testimony IN
Re declined the stock. aDa nothing more need be said.
In December 1867 Mr.. Dawes came TO me 70 purchase
OF the stock IN Credit Mobiler which thought better
investment; that would guarantee him 10 per cent in
terest his investment and take i on mis- hands at any
time He wished NE 70 After making Inquiries he gave
me 81, 900 70 invest IN the stock.
some time after ne came 20 me. he asked what they
meant by asserting mar ne ana those friends were me
tber not % te T Ir Joc ana the rescinded
Mr. Bingham asked me 70 invest some money for him IN
such stock things that knew wonld pay we'll
He furnished me about $500, which invested IN 20
shares Of Credit Moler ana the balance IN Iowa FAILS
and Sioux CITY Company stock. settled up this matter
%, ns to nm IN IN . & @ o M % NJ his desire ss agreed
10 get stock for Mr. Garfield, and hold 1t
unt be could pay for IT, lie never did pay for 1t or re-
offered Air. Boutwell, some Of this stock and there
negotiations, but resulted In his not taking
never agreed 20 take any stock offered 10 20 him. but
Ae declined cannot therefore believe ever mentioned
Euppoae be would buy IL. Mr.. Kelly is another. l
recommended hlm 70 buy, ana he SAID ne "ouid IKE
10, bat had not the money 20 spare 20 pay for II.
told Nun would carry il for him till he able 20
very ntinct as to this case OF his made loan TO
him OF $1,000 which he has never settled he regards
standing and Of small amount to me. have never
Mr. scofeid frequently talked with me very early in
the enterprise about having some stock IN the credit
Conerss TO 20 in with me: Messrs Grimes Hooper and
AIey | Ave stated II wss perfectly notorious that
TnrscI every member Of Congress whom knew had
money Co invest 10 do so, rom nrst 10 last unul
every .lae Of the stock in the Credit Mobilier
taken aud no Que suspected any wrong until the enter
proved % be- a pecunlary success.
atsG throughout the country for their courage, enter
prse, and patriotism. Mt. Sconeld agreed to take ten
Shares He aerward TOOK II aud paid me par and inter-
Bst. usequenty he became dissatisfied with 1t, assign
fng ts he bad heard there personal responsible
ty, ana returned H. TOOK ~ DacA as had agreed 10
DO with bim as IN almost every instance had done
never sold any stock Mr. Fowler. and he never re-
ceivei ANY that or James I. Wilson OF Iowa
nls0 bought ana paid FOR 30 shares and so did senator
Allison, hen member OF the house. Mr.. McComb
sWeals tOid nm 1a0 gwen one 70 senator OOnAILhs.
II is absolutely untrue. Il is absolutely untrue. Inever
said 90 nor dd eyer eve asTee 10 get HIN one nor was he
have stated, believe the exact fact in relation
not only 10 all those parties upon Mr.. McCOmbs list OF
name bot IN relation 70 all sales Of this stock TO
any member of Congress, WITH all the particulars Of
ruoh sales far as have now any recollection. OF
include under the word sales every transaction
by Whloh Members OF Congress became entitled 10 a
A4sss EXPLANATION OF HIS LETTERS
As TO what said in my letter Of January 25 add
little what stated. Tie letter Of MIR. McCOmb TO
winch reply, sOugh, to get the stock allotted to
for the persons he named because he had promised
IL 20 tlcm eudeavorcd 10 explain why could not.
did speak TO Mr.. Foster but nothing Of that
also showed him that had endeavOred 10 select
from those who had wanted the stock scattered
over the country. and desired had done
from the beginning, by making the number interested
as large pOssibe that those intended sales
they were % pay for that letter showed did not
occur 10 me there was any impropuey in selling them
becau the thing was success any more than 1t did
when 30 Was a speculation.
In the letter 70 which mine Of Jan 60 1868 reply,
we had threatened with Congressional nvestiga-
ton. and suits before Judge Barnard whenever would
not TO certain schemes and he alluded TO this, no
doubt would let his friends have any Of
my stock had been able 70 discover anything
that could make me fear such investigation.
Iceranly had none 20 fear and told him 80. There
nothing this letter that have not given expa-
naton Of except the allusion 70 Mr.. Washburne and
vi IN d
letter VI the 2d February for they belong to the same
Il had become toleraby well known to all the world
that The road likely 70 be success and those OF us
who ha" usked the chance mad won a prize; then ap-
pesred the disposition 20 complain OF the grant that had
been red without opposition; there was first com
plant made by Mr. WasOurne Oh the value OF the land
In view of this desired that we should put Of
the power Of any 10 take irDm what We had IN
nv view paid the Government for was 20 gst these
sold AMI the bonds divided Mr.. Alley thought we
could afford 70 do this, and the event proved he was
right
charge freight and transportation not that we ex
tnnnd = ie5cIt ~ no1ce am one 70 take the rronble 10
look did not want any assistance priv
ege but that our legal vested rights shoudnot De taken
from
/ Thought we had finally bought and secured them,
and knew II Ony would examine ne would see TINS
this reason wanted shares 70 be issued for
have found difficulty IN inducing 20
LOOK after their own property but no one seemed to
think this necessary, and II was never done As
bearing my belief OF fairness Of intention and the alb
OF ali evil purposes or design, can state tat
when these letters 70 Mr.. McComb were IN
no sort OF confidential relations though our Interests
Largely connected
Before that time 1 had ascertained facts connected
with him that would prevent me placing any confidence
IN him. Before any publication Of these TRANSACTIONS
threat OF exposure communicated 70 me. Ny IN /
formsnt viii name the person. The price OF secrecy ]
offered the compromising with McCOmb. Though /
perfectly of what had done, and the motives.
confident my Of all evil design, that
refused ~ pay one dollar.
Since tneD, and and after the testimony had been |
gwen By McCOmb. again offered 20 he relieved 4
from ali the difficulty and Withdrawal OF all the charges
would ackno Wedge that held stock in trust for MI