The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-17
felt outraged at this attack made upon HIM; he
thought great wrong had been perpetrated.

felt outraged at this attack made upon HIM; he
thought great wrong mad been perpetrated.
Hon. william d. Kelly testified that he agreed
with Mr.. Ames to take some Credit Mobilier stock
az an investment only, but the matter dropped,
and he never received any dividends or profits
from the Credit Mobiier; had never seen any
Mr. Xmes on one Or two occasions 0f but I Saa
not had an offer from Mr.. Ames of Credit
Mobilier stock to influence legislation II witness
had been able to purchase the stock he would have
done SO; lie saw no more improperly in member
OF Congress buying that stock than in buying a
flock OF sheep and then voting upon the tariff on
wool or woOilen goods; he borrowed 81. 600 from
Mr. Ames at one time, but there was nothing in
connection with that which referred to the Credit
CONGRESSMAN BINGHAM's TRANSACTIONS.
Hon. John A. Bingham. OF Ohio, was then sworn,
financial judgment OF M Mr. Ames and npon his ad
vice invested $4,000 in the Hubbard Silver Mining
company, corporation organized under the laws
ton with the Credit Mobilier or Union Pacific
Railroad. In December 1867, he was advised by Mr..
vest $4,000, giving MT. Xmes the money in Febru-
airy, 1865, for which Mr.. Ames then gave him
written agreement to account to MN Tor the div
dends and proceeds Of twenty shares In the Credit
MObilier stock; subsequently witness agreed to
take $1,000 OF stock in the Iowa Falls and Sioux
City Construction Company, paying Mr. Ames $780,
for which MIR. Ames gave an agreement similar to
the one mentioned; witness never received nor
held any stock in the Credit Mobilier, Iowa Con
Mr.. Ames nor any one else; Mr.. Ames was the only
person he knew IN the contracts, and he had per-
feet faith in him, and witness believes ne had O
lawful right to make these Investments; in
1868 witness received nom Mr. Ames two
Pacific Railroad bonds, each for $1,000,
IN pursuance OF the agreement; all subse-
quent dividends were in money or Union Pa
clfc stock the Credit Mobilier contract was closed
in December 1870 as the witness then wanted the
money and he received from Mr.. Ames ST. $50, since
which time he has had no interest, direct or indi
rect in the Credit Mobilier or the Union Pacific
Railroad; the bonds which he received from Mr..
Ames as dividends ne sold in 1859 At $50 cents on
the dollar;
THE IOWA OBSTRUCTION CONTRACT
was settled in the Spring OF 1872, and witness re-
ceived $500 thereon, since which time he has had
no further transactions with Mr.. Ames; the aggre-
gate amount received by him on the two contracts
was about SIX thousand five hundred dollars, from
the beginning to the end Of his dealings with
Mr.. Ames; he had no intimation that any
tracts or dealings with him in relation
to Credit Mobier or Union Pacific Railroad stocks,
except Mr.. Hooper, OF Massachusetts, never heard
OF any controversy between Ames and McComb, or
any other person, in regard to the distribution OF
Credit Mobilier stocks, and the first he heard of
September and October last; never had any idea
that Mr.. Ames contracted with HIM for corrupt
purposes, and he never gave vote for or against
ANY MEASURE IN CONGRESS
but what he believed to be just and right and in
accordance with his sworn duty; he had done
explanation; he was not member OF Congress
when the act Of 1864, relating to The Union Pacific
Railroad passed, and he left Congress now after
sixteen years service with no more property than
when he entered it, save what he had legitimatey
earned during the Thirty-eighth Congress- when he
was not member.
At one O'Clock the committee adjourned until ten
O'Clock Saturday morning.