Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1873-01-29

ended between you and Dawes?
Answer-In December, 1868, he
received stock and dividends, but he
Dawesl got frightened at the Diff
Green suit, and we settled up on the
9th of December, 1865. He got back
his $1,000 and 10 per cent. interest.
Witness here produced a promissory
note given him by Dawes in making
the settlement, dated December 9th,
1865, for S26,306, payable on demand
with interest. When Dawes pur-
chased the stock he paid $500 on the
llth of January, 1868, and the balance
a few days afterward.
Judge Polsnd-Well, as to Garfield.
Will you state to the committee the
details of the transaction between
yourself and General Garfield in
TO the Credit Mobilier stock?
Auswer-I agreed to let him have
ten shares of Credit MObilier stock at
par and interest in December, 1867, or
January, 1868. Garfield did not pay
me in money, and 1 sold the $1,000
bond received with the stock, and
received seven hundred and some
dollars from the sale in June 1 re-
ceived a money dividend of $500.
which, with the money 1 received
from the bond, left a balance due
Garfield of 1929, which I paid to him.
l did not deliver him any stock either
before or since he never had stock,
and the only thing he ever realized
from it was 1929.
QuestiOU-Has that $500 ever been
repaid to him?
Answer have no recollection OF
it.
Questionable you ever loan Gar
field $500?
Answer-NOt to my knowledge,
unless he calls this II loan, which L
believe he does. / will let it go as he
wants it.
Judge Poland-Well, but it must
go as the truth.
Mr.. Ames-Well, truth is what 1
am telling you.
Witness never supposed he had any
right to the money 1929 given to
Garfield, and lever claimed it; he
would not undergo what Garfield had
undergone the past month for S329, 900,
let alone $685.
Judge Merrick-Have you had some
correspondence with Garfield in the
last few days touching this matter?
Answer I hardly know what it
did touch; had not kept copies of the
cOrresUndence merely put his reply
OIL the back of GarfielG's letter never
received a letter which General Gar
field said he left at Arlington.
Judge POland-Well, what about
Kelley?
Ames-He agreed to take $1,000
worth of stock /; the transaction in
amount and detail was exactly similar
to that with General Garfield. Wit
ness still holds the stock for Kelley,
and supposes that he (KelleY) con-
siders himself entitled to it and divi-
dends.
Judge Poland-Well, as to Scofield?
Ames-Well, his case is similar TO
that of Dawes. Did not recollect how
he settled with him. The matter was
settled, however.
Judge POlanG-What about Bling
ham?
Ames-Well, his statement is sub
stantially correct. Witness received
$1,000 from Bingham to invest in
Credit MOhilier stock, and 50 invested
it. Bingham received the benefits
and dividends from it. At one time
Bingham wanted to sell his Credit
Mobilier stock, but witness advised
him not to do it.
As 20 j. f. Wilson, of Iowa, witness
had nothing to say different from
what Wilson said, and he did not
desire to make any qualifications of
tine statement of that gentleman.
Judge Poland-There is N gentle
man whose name appears on that list
who we have no right to inquire
about, and that is Painter.
Answer-Well, Painter had a right
to buy stock, and did buy it; he paid
for it and received dividends.
Judge Poland-DOes he hold itn0w?
Answer-I hope so. No, / believe
he has sold it.
Question-At the time you were
making these Contracts was there
anything pending before Congress to
effect the road?
Answer-No, sir.
Witness resumed-Painter settled
for his shares, and received dividends.
He had no reason to suppose that
Fainter held stock for the benefit of
any one but himself. The aggregate
number of shares distributed by wit
ness was one hundred and eighty.
QuestiOn-What became of the
residue of three hundred shares
assigned to you?
Answer-They were distributed to
other parties outside of Congress
Question-To any officials?
Answer-NO sir; and / don't think
l ever will say "stock to mem
beIs of Congress or officials again.
[Laughter.l Witness had a converse
ton with Boutwell,, but he declined
to take any stock. 1 supposed that
he would take stock, but he declined.