New-York tribune., 1874-12-12

not any money was actually expended IN connection
with obtaining that subsidy Ans. can not One OF
Mr. seoors objections In teegraphng to me to keep on
friendly relations with Irwin to learn from him the
particulars as to how that money was expended.
During your whole connection with the Company.
have you any knowledge Information as TO any men,
Der Of Congress officer Of either House, to whom any
money paid In connection with this subsidy Ans
No sir. have not.
O. What was the impression Of your Board to what
these checks were gwen to Irwin fort A. There was
general impression that there had been improper ex
penditure withholding OF the funds OF the company
which should be accounted for to the company
@. What sums were those checks for generality A.
They in $4,000 and t75O0o checks. except one,
which for 100000 the last knew Of these checks
they were In the possession Of the company
@. Ass your company since you have been member
or at any time had developments made to It as
what was done wieh this money by Irwin A. NOT
the slightest beyond what have stated here's we were
hoping to get this information from Irwin when Mr.
Scott returned talked with Mr. Scott the night before
last; he told me that he had quite full talk with Mr.
Irwin in Europe, and that Mr. Irwin promised when he
here to give good deal OF information
Irwin made the promise to Mr.. Bennett after we
had commenced the suit against lhm. that II we would
discontinue the suit he would give us the information
O. Do you recoect the amount OF the bill sent in by
COrwini A. 1t appears to me that he claimed that
Irwin had promised him 5000. He applied to GET the
bill back but declined to give It, That bill was III pos
session OF the Company when left the office. the
other applications merely verbal do not recoi'
lect the OF the bills. but they were not large
These men claimed to have been employed in preparing
papers This Mr.. Corwin made out regular Dill Tor
preparing papers, getting up statistics. etc. nave not
the slightest idea what papers were needed IN the
matter No: dollar has been paid 10 any OF these peo-
Pile since have been connected with the Company
studously refused to pay lGcent piece for any
such purpose
O. Are there any other expenditures OF money! beside
these checks that the Company is unable to tracer A.
No, Sir; I do not think there are.
O. Then II the expenditure under these checks were
traced Company could show what had been done
with all money covering the period when this sub
sidy measure was pending A think 1t could In the
main the accounts OF the Company however are very
yolumnous; we had one bookkeeper who resigned be-
cause he could not strike balance to suit him the
accounts vouchers from the San Francisco agency
had been so long delayed that side that boxes full
had not checked on for years gone by; had TO
have new set Of books opened $50 that we could get
down to hard pan. and know that our administration
was straight.
O. Can the Company, If 1t peases trace for us all Of
its expenditures except these checksi A. think 1t
can do not think there is any ndispositon to give
any information.
@ The expenditure under these checks is a mystery
TO the Company A. Yes.
O. And it Is the only mystery hanging over Its ex-
peniituresi A. Yes Sir; that is the only thing We
were attempting to ferret out
O. In the investigation OF the matter did you discover
that any of this money had been expended A. Not
dollar; these checks unexplaned that is the very
thing We have been trying get Mr. Irwin to account
for.
O. This s75o 900 was never expiainedi A. No. Sir
@ Under the bylaws OF lthe Company, who is author
lied sign its checks A. That is done, OF course, by
the executive officer, the President OF the Company
was told by the directors who served under Mr. Stock
wells administration that he the Board and all
hands," Mr.. Bellows was the Vice President and signed
the checks Mr. stockwel 1t appears, did not sign the
checks They said that Mr.. Bellows did the business OF
the oce-the mere clerical business VicePresident
and that Mr. Stockwel made loans just as he pleased
O. Mr. Stockwe is not insane now.is he A. No, Sir
he has been In Europe since last April.
O. Can you suggest any method by which we may
discover the details Of this largo expendituref A.
cannot we felt duty which owed to the stock
ence TO do so.
@. Has the Company incurred any expenditures re.
Gently with reference TO any question arising as to the
construction to be put the law authorizing the addi
tonal subsidyf A. No, Sir; not that know Of not
during my presidency; we made conditional contract
with Mr.. John Roach that II the subsidy secured
the Company would need additional steamers and other
wise would the option expired on the I'd of Novem-
ber and was not renewed because the thing was not
consummated.
O. Aside from that arrangement with Mr.. Roach, was
there any arrangement with any other person per-
contemplating any action here with reference TO
suosdyf A. Not to my knowledge. We have been
very careful indeed avoid anything Of the kind since
I have been connected with the Company. We have
suspicion Of any other irregular expenditures except
the one to which have referred.