Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-01-25

Union Pacific railroad company or the credit
mobilieT? A. No sir; not a dollar. I never had
any connection with the credit mobilier or
Union Pacific railroad company, or with that
BY the ChaiIman:-Q. Do you hold anv OF
that stock now? A. No sir, 1 do not. did hav We
come little while ago, that bought at 81 ard
sold at SO OF 81 L made nice little turn on
Q. / should like to know how much of tina,
stock you held at the time this legislation was
that Won furnished? A. l cannot tell you. The
thing has passed out Of my mind. When an
account is sent to me Of . transaction, and J
make my percentage on it always
TEAR Up THE MEMORANDUM
and throw IT away, lido not keep records ofthese
things.
.. Do you studiously avoid keeping any record
of these transactions. A. When 1 am going
away for the summer after Congress adjourns
go through my papers and any that are i'm
portant keep, and any that are not important
Q. When you re loaded how much did Won get
ON account Of information furnished? A.
cannot tell that.
q. You say that sometimes persons carried
stocks for you oD account OF money and some
times on account of information that yol
furnished Now when you reloaded how much
did you have on account Of information? A.
do not know. i had three or four hundred
shares. -.
Q. How much did You realize on the stock
which you got for information that you furnish
ed? A. think the Proht was from to 10 per
cent.
Q. And what did it amount 10 in all? A. I
cannot recollect. There were several tranSac-
| tons in my account, and 1 may have had SOM
losses. 1 bought some Rock island stock, AMI
lost on it. When my broker makes out nv ac-
count, there is Sd much lost and 80 much gain
ed, anu he pays me the difference. | had 300 or
800 shares OF Rock island stock. l always look
to see that l make something Oh the whole
transaction.
9. Did I understand you TO say that in one
case you made an attempt to withhold from the
public information OF that which transpir-
ing in connection with this legislation? A. ON
the contrary, did everything that could H.
send IL as fast as the wires would take il, for
was sending information to Mr.. Abbott in Nav
York, and one or two other parties were also
sending Information. He charged ME particu.
larry to give him the earliest infOr nation ia re-
gard to that matter.
Q. That was private information? A. He
published it instantly. as quick a. he got il. He
threw il out to "a or Ga brokers la Wall street.
q. j am speaking about giving il to the gem
Ell public. Was not that information which
you were sending out information 10 be used
by private individuals for the purpose of hand
ling these stocks? A. l did not know what they
wanted ii for. All that l did was to send it 10
them.
q. Was there not an agreement tn Won were
TO furnish information? A. 1 was to furnish in
OrmatiOn at so much a week or 50 much a
month with some, and with Others l sAs IN
furnish information, and If Ii proved successful
they were TO give me dividend.
z. Did you send this same Information to the
newspapers? A. Yes.
q. At the same time? A. l guess there was
not twenty minutes difference. After got the
information and showed il OFF, went right UP
stairs and sent it to my afternoon papers.
| q. But these parties did get il i'm advance OF
the newspapers? q. OF course. That was NV
| agreement-that l should send them everything
had i'm regard to these matters, and in regard
| to finances, railroads, &c, that took place i'm
the committee of ways and means, or the COM
| mittee Oh appropriations.
| q. To enable them TO use this Information for
their private benefit and for your private bene-
| fit? A. Yes, it was mutual. My paper published
| editions at o'clock, O'Clock and O'Clock.
q. What paper is that? A. The Boston Tran
| script; and had paper in New York, the
| Commercial, was also sending to the Chicago
| Journal and to Cleveland, and think abou,
that time to Cincinnati. Of course, these paper.
| published my dispatches whenever they pleased
| II the dispatch was important they would come
times keep it out OF the early edition, because II
they published it in the early editions the paper,
that did not get specials would steal it and NE
il.
Q. But the broker was
ALWAYS A LITTLE AHEAD?
A. Always little ahead. tLaughter.l