Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-01-30
THE CREDIT MOBILIER INVESrI.
CATION.
Pr0eceSlinga OF the Special Conn matt.

THE CREDIT M0RILIER INvEsrI.
Proceedings OF the special Commit.
tees To-day.
Judge Polands special committee 30 inquire
into the distribution Of credit mobilier stock
among members of Congress, resumed its ses-
sion this morning at 10 O'Clock, and
Hon. John Beatty, of Ohio, was sworn and
examined by Hon. job Stevenson, Of the same
state, who introduced the resolution directing
the inquiry INTO the Dubuque and Sioux CitS
road. Mr.. Beatty testified that he had
CoNvERsATIoN WITH Mr.. STEVENSON
the resolution in the House Mr.. Stevenson
then said he had received certain information
from Mr.. Amos.
@. What did he say IIr. Ames said?
A. He said Mr.. Ames told him the Speaker
was interested in the Dubuque and Sioux CITY
road. After the resolution passed Mr.. Ames
came - my desk ana asked me who put Ste
yenson up to that He subsequently asked the
same question, and said
STEVENSON WAS ON THK WRONG TRACK.
Judge POland-fo1 heard no conversation
between Mr.. Ames and Mr.. Stevenson?
A. No sir.
Judge Merriek-Ar. Ames did not allude to
any previous conversation he had with Mr. Ste
vensOn?
A. No sir.
MIR. Stevenson then stated that upon consid-
Grafton he remembered that upon the same day
and after he had introduced the resolution, Mr..
Ames did talk to him more fully and freely than
before. Previous TO introducing the resolution
he had frequent conversations with Mr.. Ames.
They occupied seats at the same table at the
Arlington Hotel, and had formed very pleas
ant acquaintance. When this investig CATION
began Mr.. Ames said. in a humorous way, he
had better leave. Witness replied that he had
not been found guilty of any thing yet, and had
better stay. He and Mr.. Amos had frequent
conversations at the hotel and on the way TO
the Capitol, during which he had gathered the
information upon which his resolution was
based. Witness would have included the Sioux
City and Pacific road in his resolution, but he
hnA nuaAnr food hot Ind
would take cognizance Of that road. Mr.. Ames
told witness one day that he would give him a
book showing the transactions Of that road. br:
requested him not to use i against his
and he replied Mr.. Allison and Mr.. Wilson III
FL Witness saidhe could not promise that. and
upon obtaining copy Of the book subsequently
from Judge Wilson's committee, Mr. Ames gave
him copy also. Mr.. Ames generally stated at
breakfast what it was proposed to give the com
mittee that day.
AN INJUNCTION ON MR.. AMEs TONGUE
MIR. Niblack.-I have heard some talk of
having an Injunction put on Mr.. Anes tongue
to stop it lIaughter.l
Mr.. John Il. Alley was then questioned by
Mr.. Stevenson, and testified that
CONGRESS- HAD NOTHING TO DO WITH THE SIOUX
CITY AND IOWA FALLS II. l..
The land grant given 10 the road was donat ted
to Iowa by Congress, and the state gave il TO
the road. The road was chartered by the state.
Mr.. ALI then said he had seen by some of the
Massachusetts papers that there was
MIsAPPREHESsIoN
in regard to his testimony, and it was charged
that there was discrepancy between the testi-
miteee and that given before the court in Phila-
delphia. He desired to say that there were no
discrepancies as to the number of dividends de-
clared on credit mobilier stock, but the papers
had got mixed up the dividends on credit mo-
bilier and those made under the Ames contract.
The dividends made by the trustees nnder the
cakes Ames contract had nothing to do with
credit mObilier.
Judge Poland.-Oh. well, we have the whole
history OF that, MIR. Alley, and we well
every one else can form an opinion about how
the latter was done
Question by Mr.. Poland When these go
shares OF stock were assigned to Mr.. Ames he
claimed that lac wanted them to ful1ll engage
ments he had previously made with various
parties. Will you tell MS anything you know
IN EEGAED TO NEGOTIATIONS ME-. ANEs HAD
with these gentlemen in Congress prior to 1876.
A. ! never knew anything about any of the
negotiations except with the three gentlemen I
have heretofore mentioned, only from what 1
heard from Mr.. Ames. At the time OF the meet
ing OF the executive committee in New York,
or the meeting ct large stockholders. he said he
wanted the stock to fulfill engagements pre-
viousy made in some instances partial and i'm
some instances positive. don't think he men
toned the names OF the parties with whom he
had these agreements. Had heard
SOME TALK ABOUT WILSON, DAWES AND BOUT
taking stock
Judge Pcand.-What want to get AZ is your
knowledge in reference tn any Negotiations Mr..
Ames had with any OF these gentlemen prior to
1St.?
A. l haven't any and don't know ANYTHING
about II except the talk about the three gentle
men above mentioned. Mr. Ames said at the
time that he had engagements for even more of
The stock than he could get There was quite
an opposition to him having the stock. espe-
cially as II was worth a little more than it had
been. Mr.. McConb was there, and he said
there was no reason why Mr.. Ames should have
any one else. lie lMcCombl had also made
promises.
TO WHOM DID N'CoNB PROMISE STOCK
Judge POland:-Weil, that brings us to the
stock?
A. He stated that he had promised it to Mr.
Allison, but am not sure. We denied his right
10 it, but he urged 30 hard and strong that Mr.
Amcs said II will see about it, and do the best
by Mr.. Stevenson:-Witness was interested
in the Sioux city and Pacific road also in the
'rdar Rapids road. but i'll none OF them until
JAMES =. WILSON RECALLED
and examined by Mr.. Stevenson.
g. State to the committee what knowledge
you have OF any members of Congress being in
terested in the road from Dubuque to Sioux City
especially that porto of it to Iowa Falls?
A. will state a. far as my recollection will
bear me out, that Mr. Cakes Ames, Mr. Alley
and some others are stockholders i'm the road.
q. Have you any knowledge OF Mr.. Hooper
being Interested
A. i have not.
z. Any knowledge OF Mr.. b laine
A. No, sir.
SPEAKER BLAINE
here entered the room and said Mr.. Chair
man, understand that Gen. Beatty and Mr..
Stevenson have been in here testifying in re-
gard to me this morning. They gave me no
notice whatever.
Mr.. StevensOn-I called at the Speakers
room to let him know, but he was not in.
ME-. WILSON RESUMED HIS TESTIMONY.
and testified that he was Interested in the Iowa
Falls and Sioux City road
q. To what extent?
A. ] will state the facts After the legislation
OF the state OF Iowa resumn. a portion of the
land grant which had been conferred upon the
Dubuque and Sioux ity road, a company was
organized, Of which John I. Blair was the lead
ing spirit, to construct the road, under direc-
ton of the state from Iowa Falls to Sioux CITY
In getting up the company, Mr.. Blair asked me
If j would like TO h;re some stock in the road
told him would make some inquiry and let
him know. The witness further testified that a
friend, Mr.. COlbaugh, agreed TO advance the
money, which he did, and $50 900 worth of the
stock was purchased, some OF which stood in the
name of witness and some i'm the name of Mr..
COlbaugh. Witness share Of the profits nm 70
this time had not reached 81 900.
Q. (By. MIR. Stevenson.) Have you any knowl-
edge Of ..
ANY orHsa xrHsERs OF coSoREss
Mr.. McCreary objected to any inquiry rs to
persons who were members Of Congress then
but not now. he thought the resolution under