The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1873-02-21
THE CREDIT MOBILIER-

THE CREDIT NOBILIER.
At the sitting Of Judge Poland's committee,
ON the It'll inst, John l. Blair was examined
by Representative Stevenson. The witness
testified that he was An original corporator Of
the Sioux City and Iowa Falls and Dubuque
railroad, with Pratt Smith. of Dubuque: John
r. Duncombe. of Fort Dodge. and W. W.
Walker. Of Cedar Rapids He detailed the his
tory of building the road, the legislation by
Congress renewing the land grant in 1856 to
the State, and the legislation Of the State Civ
ing the grant to the road, and testified that
not dollar was expended in procuring such
legislation, either before Congress or the State
Legislature. The witness never expended
cent for blackmail for any one. either MEM
Der Of Congress or private citizen There was
not single road across Iowa to-day that was
worth the money it cost to build it, The wit
ness referred to the list Of subscriptions and
testified that William B. Allison took ten
shares He raid for his stock and
never got . penny for his services
The firm of Samuel Hooper also bad stock.
The committee heard the testimony Of Mr..
Hooper: after which Mr.. Stevenson undertook
to re-examine Speaker Blaine q to his former
testimony During the examination, the
Speaker. upon being catechized in . manner
which seemed improper. characterized Steven
sons conduct q unbecoming. and said 1t was
against common decency. He added that it
could be shown that Stevenson had An animus
against him (B,aine). Judge Poland request
ed both to stop the contest Stevenson
wanted to examine the witness in relation to
the transactions of Blaine of private nature
but Judge Poland thought the testimony al
ready covered the points Cakes Ames was
large subscriber J. p. Wilson and GLENN W.
Scoield were subscribers also. The Govern
ment need not talk much Of land given to
Iowa. ae it amounted to nothing nearly all Of
it being worthless Il reminded him Of the
Freedman who had given away $4,000 before
breakfast. and when asked how he made it.
replied: II have Just marked my goods up
Iaughter-l
BIZ Ham, Secretary Of the Credit Mobiler.
and Auditor of the Union Pacific Company in
New York was examined by the Wilson COM
nittee. sitting at Boston. on the It'll inst. He
stated he had searched the books for the cost
VI Tue lOA1t coA1sAoNs OAA enV AceA Sr~t"~Ses
Omaha and the Tooth meridian 1t cost
sl2s74 As-24. Of which Il. 99A. 7699 So remained
unpaid The 2.000, 600 note was not given
on account Of this Indebtedness The cost of
building Was q. SOC. 1883 could not give the
cost of the first ffty-eight miles west Of the
Tooth meridian He knew no adjustment of
profits ON the Efty-eight miles, but 81. 1O4, 900
were paid ON it By the Credit Nobilier on q
per cent. interest and the prospective profits.
The Credit Mobilier advanced e723, 600.s0 on
the Ames contract No adjustment was ever
made to witness knowledge, and he knew
nothing Of the cost of the 13s completed miles
included in the Ames contract nor Of the So
miles built ON the Hoxie contract- The amount
of stock of the Union Pacific railroad sold dur
ing the execution Of the Hoxie contract was
g. 900 900, . million and . quarter Of which
went to the Credit Mobilier in Government
bonds. Have examined the balance sheets
presented by Crane yesterday, and find them
substantially correct. The Trustees profits
were described o. in securities and stock. Of
which Crane gave the footings. and several
items were testified to- The summary is -
follows:
RrDfts the Ame< contract. -
Profits on the Davis contract s,S11S5
PROFITS on the Hoxie contract S,l6s,20
Total profit 70 contractors Of entire
road In stock and securities st their
par value. .........-. -$42,s15.Ss
Washington Telegram Of the Sth says:
Judge Poland's committee. this .coming. held
. secret session for tw hours, and discussed
the evidence preparatory to . final report. to
be made within week or ten days They only
await the return Of Ames to close the examine
ton II WAS decided to send the Sergeant-at-
Arms for HIM il he 10 not heard from to-day.
Two kilograms sent to him are unanswered
After the examination of Ames. Mr. Colfax
will be allowed o offer testimony 70 show
where the d, 100 eposited in the First Ma
tionai Bank came from; but the committee ex-
pect to hear al this evidence in one day and
then close. At the request Of Judge Hale.
counsel for Mr.. Colfax, the committee directed
that Ames be noti6edto bring his memorandum
book referred to in his testimony, ON his re-
turn
The Wilson committee examined no wit
nesses on the sth-
Judge c. T. Sherman, Of Ohio. was examined
BY the Wilson committee ON the 10Th The
witness thought the prices allowed under the
Ames contract were double what they should
have been. At one-half that price the con-
tractors could have made fair profts- The
Hoxie contract was the one entered into while
the witness held the position Of Government
Director. The manner in which the road was
constructed under the Hoxie contract was
| satisfactory. Had not the Credit MobiIier