Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1873-02-20
THE CREDIT MOBILIER.
The ofense as First Charged and as Now
Presented.

Inc onense as First Charged and as Now
Presented.
lie papers that used the Credit Mobile,
charged SO lndustriously during the recent
PRESIDENTIAL campain insist that il has snr.
vlved the canvass as they predicted But what
Is now being investigated is as different from
Ine original charge, which a dozen Congress
men We're challenged to answer, as the yaria-
lions IN music are to the original tune. An
this. ---o' VIII prove
The Chicago Times of Sept. 21. published
tae following special telegram, giving the
charge in detail and in figures
NEW YORK, Sept. 20.-The Sun figures I'm
the brides to Blaine and Colfax for putting the
Oredlt Mobilier frauds through Congress thus.
Iaree thousand Credit Mobiier shares
at $3.50 each. ~ a0n
Five hundred and eight per cent. divi-
dends III Union Pacific stock. IL o4O
Two hundred and thirty per cent. Union
seventeenpe per cent. Credit Mobiiier stock SO
Elghty-slx per cent. in gold, not count
ing premium $3.50
Total. 80 O8O
D noeo Par value OF the stock. ........... 5000
On the same basis the bride of Colfax was !:
Two t thousand Credit Mobilier shares at
Five hundred and eight per cent. divi- ~ -'O
dends in Union Pacific stock. 10 16O
Two hundred and thirty per cent. in
Union Pacific bonds 60O
seventeen per cent. Credit Mobilier stock $40
EiShty-slx per cent. IN gold, not count
80 P10iniuii' ..-.-.-..-........ ,720
Total. % O9O
f Eeis par Vaiue OF the stock. ......... 1000
ColfaX's bride. .. On o00
The Chicago Tribune of Sept. 10 CHARGED
editoriaily that
Messrs Wilson, Colfax, Scofield. Kelley.
Dawes, Boutwell,, Bingham and Garfield were
not quite so high-priced individuals they re-
ce!ving but 81, 900 in stock each, making their
price per capita $40, 029."
Inc same paper, On the same day. explained
edltorlally how these bribed Congressman got
their money, as follows:
de lAmes) came before the CONGRESSMAN
was fairly out of bed, with the first dividends
OF sixty per cent. in Union Pacific stool at
lunch with the second dividend of thirty-three
per cent. III the same stock, at dinner time
win the third dividend of eighty per cent in
Union Pacific bonds, and Just as the Congress-
man was going to bed he comes in for the
fourth time with comfortable little fourteen
per cent dividend, all the shining gold where
upon the Congressman said his prayers. and
closed his eyes upon the weary world $40 40
better OH than when he arose in the morning
On the list of September the Chicago Tt-i6-
.f''e stlgmatized these Congressman as the
WE'VE Apostles who sold out to the Credit
Mobllier for 800, 600 apiece
The correspondent of the Chicago Tribune.
Gath, summed up the charges as follows
The Union Pacific railroad first begged a loan
from the United States of $16,0 to 800, 900 a
mile, and then robbed it of theinterest on the
loan, forced the loan itself back into con-
tngent place and pasted it over with another
ana private loan of it's own, and then swim
died 1t out of the whole gross sum for the
mail service.
Mr.. Dawes. to these wholesale charges of
bribery replied very explicitly as follows:
Neither Cakes Ames nor any other man,
dead or alive, ever gave me, directly or indi-
rectly, penny of the stock of the s'Credit
Moplner or of any other corporation in this
world. never owned dollar of any stock or
any property of any kind that did not paw the
full value of with my own money, earned with
my own labor"
His testimony just given, is in direct ac-
cordance with this statement of last Septem-
Der.
MI. Coltax, at his home at late date took
up the charges above stated, one by one. an
swerlng them from the Congressional Globe.
As to himself, he stated (referring to his long
and open advocacy of a Pacific railroad) that
Brlblng me to support Pacific railroad in
terests was as incredible as that I should need
to be brlbed to vote the Republican ticket.
You might as well say Methodist had to be
Dr1bed to advocate Methodism
He also added:
Never having had dollar of stock of any
kind that did not pay for 1 claim the right to
purchase stock in the Credit Mobilier or Credit
lmmobilier, in oil wells or gold mines promis-
ing immense dividends that sometimes fail. in
banks or IN water works, just like other Ameri-
can citizens or the rest of mankind
Neither Cakes Ames nor anv other person
ever gave or offered to give me one share or
twenty shares, or two thousand shares in the
credit Mobiller or any other railroad stock
and unfortunately have never seen nor re-
celved the value of farthing out of the two
hundred and seventy per cent. dividends, nor
the eight hundred per cent. dividends in cash.
STOCK and bonds you have read about every
DAY Tor the past month, nor one hundred per
cent, nor one per cent, nor the tenth of one
per cent. l have said that, if twenty shares
OF 1t could be purchased without buying into a
prospective lawsuit, it would be good invest
ented."
And MIR. Colfax, in his recent testimony be-
lore the House committee, after his full ex-
plantation, closed as follows:
may repeat, therefore, that neither stock
nor bonds were given to me nor offered to be
gwen TO me; that L never received dollar in |
Donds STOCK or money, as dividends that 1 |
dio contract to purchase twenty shares of |
STOCK III the company at par and interest; but |
AFTER partial payment withdrew entirely |
from what regarded as an incompleted con- |
tract to purchase, from repugnance to being |
involved in litigation, and that, instead Of |
being enriched by it one thousand or twenty |
dollars, as has been charged, am |
out of pocket five hundred dollars. and have |
been for nearly five years"
Mr.. Colfax then stated further that Ir. |
Ames never paid him dollar or the value of a |
dollar on any account whatever.
As can be seen, the charge that any Con-
Or tan
sand dollars is entirely abandoned, the ones
ton now being whether they had right to
purchase the stock at all, quite different
charge from that on which they were originally
Washington Chronicle.
Double Office.Holding.