New-York tribune., 1874-12-22
that Gay to this has attempted to specify tho
location OF those PhiladeDhia lots

|
| THE AUDITING OF TIE ACCOUNTS.
In my answer yesterday IN regard to auditing the
COmpany's accounts. I may have caused n misunder.
standing In tho minds OF the Committee. Tho accounts
OF the Company audited according to the bylaws
ahd Us matter OF fact during the month, OF February
NJ V:Mmgnst ana November of e"rry year. The Auditing
her ,"ppri to fh1 'oari auh their rcrt Is acted upon
regular mn citing ensuing Ihrrcfore. When the asen;s
OF the Company recev' no communications from the
or any chirss agnin inst them not contained IN
their own accounts anu rsrcaIy when The next rcgi
Committee has passed. they naturally take IL for
granted that thcr" Is ho exception 10 them. md as
edge. this auditing by the Committee has always been
regarded by the Company itself and by oil rs officers
and agents final disposition OF all matters Included
in the accounts for the next preceding three months
& ny the Cn,lr'nan-Q ~ lo1 say that IN YOU, confer
dohmcnt Of the application for Subsidy You rayS:
when It would cost to obtain 1t. t.. and You re-
ierred him To- fonr gentlemen for their opinion ~
decline answer that question. but want saw jus.
this-'ha they were nut members OF Congress. and not
men IN NcwYork, friends OF company, who had no
connection Whatever with the obtaining Of this subsidy,
and no official position.
UNfIuENDLY RELATIONS WITH MIR. sr0CKwEIJ.
read in Mr. HacAs evidence thar, although ho did
not know me and had never until August 1874.
and did not know that was In Washington for the
Company. and did not know that the Company had any
agency In Washington except ny rumor, to which
7 propose to submit some points to the Committee
ut future dav, yet he has that relations with
Mr.. Sockwrll were most intimate and friendly. Now
wish to state here thai nv RELATIONS with Mr. Stockwe
except In so far they purely official, most
nnfriendiy during the cnlire period In my opinion mr.
after his own fashion. to bild mp the Pacific Mail
steamship COMPANY, and although 1t s the fashion to,
to throw mud at him. especially by those who were
onco his irerds l. who HIS enemy. aud could
never bn his lriond under circumstances, believe
Company in am way whatever He erred because hn
attempted to DanaSe business that he dd not under
stand he ATTEMPTED to manage steamship ouSihcSs
by specuIating In Wallst.
he action of Yesterday alluded 10 in that letter.
Oice Appropriation bill by the Senate, containing the
amendment making the appropFOtoh FOR ths COMPANY
O. AiIcr II had once Dcon defeated In the Housc' A.
Yes. Sir.
MORE ABOUT THE CHECKS.
@ From these letters it appears that the check for
$4,000 changed into cash $1,000 and check for
| 6a.OOOi A. Yes. Sir
@ Did these checks undergo any other change up to
tho time of final payment A. No, Sir; not previous to
| the final payment of the alleged $750OOo.
You mad !hen, how much in the form Of the var, yd
checks for s56lOOI as nearly ~ can rcmembcr ,o>
cheeks but these after the OH Mayl a. DO YOU
between that and the ilnal payment Oi S75l0JO -
diG yoa receive any other check, a. Will not swear
O. Alter that date Nav g. did You at any time receive
G. Will ycn lescrhe tlemi A. May ask whether you
Mr. Brck-Thc all dated the oath Of Mayi
A. Tncn GA tne 2in or 25h Of May l. don't rcmcmDer
pany say amount TO $75loJo aud which oeicye
amounted to that sum- bat cannot tell accurately mniil
| see them. received these CHECKS fiom Mr.. r. W. IT,
Bellows NiccrrcsIdcut OF tHe Company in tue ffrsi-
dents r"on ana q, the time q" Receiving trSe rhtcH'
returned t. Mr. Bellows all Of the cir'As %hIch hai
previously received. aid winch bad not yet en cashed
| amounting nearly Us can remember 10 >5j).ooo.
e. Yod you returned him ai OF thc cocIs already
dr,crib except such ~ had boon prev0nsi0 caSiioi
nusy niDM ~ A. roirnDI m che"ss @nn!ins in all
to about s5G,oo the balance oi S6'Oooo which nave
O. What was done with those checks that you re-
| turu"di A. Mr.. Bellows tore them mp.
O. WHAT it anything; did you ra1'Nc In exchange FOR
tnem a. The checks whrn ila'c alrcady stated,
amounting to about t75oooo.
O. Are these checE>, whch are now exhibited TO
| yoi, aud which have ALREADY ben inrod iced in Mr..
Hatcns testimony. being Nos. 26n 365 inclusive.
on two Of OF" 'e.c &C w.t. Ss ago ami 2S
prove th,t they have passed through the american Et.
crs' T"o stamp " sc,. MAJ isrst gd hSIre' in %, on
cannon state SO positively thar these cheek. have a.o
| d issci through the American Exchange Bank. where
tncy wcr" ""posited by m. to my credit for innh that
"2i" Is the number OF The Am"ric"h EAchahgo Bank III
q All Of these werc PASSED to yonr credit IN the
American Exchange Binki A. think So but cannot
O. We're they received the same Tor purpose for when
| The chrcHs that You g.ve up hid o3cn reGoifcdf h
Q And nat Vas the purpose you have heretofore
| u
SUBSIDY! A. Yes SIR.
| TIE BOARD OF DIRECTORS COGNIZANT OF IHwIN'S
| OPERATIONS.
| O. The Pacific Mil steamship Company took no
action Us Company in relation furnishing you this
money a. Yes Sir.
O. n SO, state what action. A. A stated yesterday.
Nj. Stockwcl acted in this orders aud by
authority Of the Board of Directors all payments
made to me 10y tho Company IN TINS behalf were made
by aud under the orders ard authority OF the Iuard
O. At what date did the directors take that action
@ wnat inc precise datel A. on the 7th Of Feb
| mi:icc OF the Company Che Executive Committee
heinr by the hvawS. invested with the full powers of
q Bo3Id TGc Executive Committee paSse resolution
OF which IcauuU give the prrrlsc tcrm hut they VIII
appear bv the minulcho'ks Of The C1many whr pro-
uucpd, authorizing the President expcnd such SUNS
III mis- Judgment might ba necessary Tor counsel ICES
ana other Necessary o eHpn to procure trrar ahir
| meeting OF the Board OF Directors. with u
rumts tl mSee" of ~" Feb we're duy ra1ded by ns
Board In accordance with the usual custom OF tue Com
me. and ratiiylns Mr. stockwcs action under that has
positively hut the minutes OF the Company Will snow"
TIE DRAWING AND DEPOSIT OF THE CHECKS.
O. How soon after the receipt o. these last cheeks did
You put them into bank to your crediti A. MY I'M
preston Is that deposited those checks to my credit on
the 27h day OF Nav, and my reason Tor th"t
,np Of havins k.pt thcn for two days before
deposited them That recollection may or may not DC
cnrrect when SEQ the bank account, but Kept thtin
shnn, TWO days, am sure. Tncn think another inter
val of TWO days elapsed before money was drawn anu
the hulk of IL was drawn, think about the 29th or
| NAV as near as can remenIber.
| w IN Ncw-Surk when drew the money!
Al was In Nc W York when deposited the checks; and
| I was IN New-York when, under that resolution
| dew some OF my checks against
| tb,a money: l was In Philadelphia when drew the
| nther checks and was In San Franc.co when drew
stii other checks acaus this m0Deyj DO not remein.
hcr thoueb where drew the bulk OF 1t, whether IN
| SswYork or in Philadelphia, but know was IN the
| rbcra WI /
The whole of this money was put In your nanhs ior
,h nnrpose of paying the expenses OF procuring the