The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-01-09
THE CREDIT MOBILIEStas.


WASHINGTON, January s.-The Credit
Mobilier Investigation Committee met
this morning. All the members were
present excepting Banks.i
The cross examination Of John 3, Alley
was resumed. He said up to Dec. 1857
the Credit Mobiller shares had no market
value. He knew that two shares were
sold at 95, and the same were offered at
rs; but late in Dec. 1867, after Ames
agreed upon basis, the stock rose In val
ue, bringing 100 and in January and later
225.
The Chairman having asked question
in relation TO the one hundred shares
in the name Of Nelson, son.in.law OF
Jas. Brooks, the witness said ho had no
personal knowledge as 10 who was the
original owner Of them, or who paid for
them. It appeared on the books that
Nelson was the owner aud was entitled
TO fifty shares more. There was no con-
versation between the witness and Brooks
in relation to those fifty shares OF Nell.
sons He presumed Nelson paid
for the shares. Mr. McCraTy asked
the witness whether he knew how
MANY shares Of the Credit Mobilier
were disposed Of to members OF Con
gressS AnsWer.-OAkes Ames' subsCrip-
ton, l believe, was on the books, and
Hooper's, Grimes and nv own. Senator
Wilson was to take twenty shares and
Dawes ten shares. l took five hundred
shares, but they were not all for myself
After January 1st, 1873, do not know
that any were sold TO any member OF
Congress at par. did not know that
the success or failure Of the road would
depend on friendly or unfrlendly legisla-
tion. It did not occur that any further
legislation would be required. And now
as TO the pecuniary matters Of the CON-
pany. II the fullest investigation could
have been made into this subject, tho
public would have been better satisfied,
especially after the McComb suit was In
stituted, which gave rise to much missp-
prehension. The removal oI the office OF
The Union Pacific Railroad Company TO
Boston was matter Of lie and death to
the company, TO keep it out Of the clutches
of Judge Barnard and Fisk. Fisk want
ed the witness to settle with him for
100000, but witness said he would never
be willing for the company to pay him
q single cent, saying to Fisk, all your in
terest Is only two hundred and forty dol.
lars. Fisk replied that Il was matter oi
dollars, and that II the Company would
not give him one hundred thousand dol
lars, he would damage 1t 10 the extent oI
q million, and Fisk did damage /. 70 the
amount OF several millions BY his raids.
The witness was asked whether he did
not get and have under his control one
hundred thousand dollars 10 cause an an
nullment OF tho Secretary oI the Treas
ury's rulings as to the interest on Union
Pacific government bonds, to which the
witness ans Wered, that so far as he was
concerned he challenged an investigation.
he never had any money, not q dollar, 10
use directly or indirectly Tor such purpose,
nor did he believe Ames had the slightest
idea Of influencing the legislation OF Con-
gress, by allowing his friends TO have
stock. Witness said he held his stock
at 900 in January, 1868. His impres.
sion was it included oil dividends,
as he himself never got any dividends OF
the stock thus sold. He held this stock
for Peter Butler, OF Boston, who, he un-
derstood bought it for Bardwell, OF that
city. =,
Question.-Do you know how much
money Oakes Ames put into the Credit
Mobiiier stockH Answer.-I do not.
The books show. do not know Of my
personal knowledge that he paid one
hundred dollars q share for every share
OF stock issued to him. A-'
Question.-Did you not say yesterday
he put in five or six million dollars only
Answer.-No, sir. l did say bis indi-
vidusl interest In the fOrty-seven million
contract was between five and six million
dollars, and my own individual interest
less than half a million dollars.
Adjourned till tomorrow.