The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1874-12-24
PACIFIC NAIL.
Something About the BombsheII
Our Minnesota Lobbyist Caught.
Rrxin's Checks TO Bill King.
Windows Interest in The Subsidy.
Ne Supports il With all His Power
Ramsey Also Votes For IT.
Something for Minnesota 10 be Proud o.
Ramsey Also Votes For IT.
Something for Minnesota 10 be Proud Of

The New York Sun of Dec. IA, con-
tains lengthy review Of the PACING
Mail subsidy and Twins lobby opera
tons. AS Twins evidence, which was
taken Wednesday, is still secret, the
Sun article is Of particular interest,
and we make the following extracts:
Along in the fall of 1871 the notion
Of applying to Congress Tor an addl'
tional subsidy for the Pacific Mail &C.
Cured to Stockwell, Clews and others.
They had effected strong combination
with stock obbers, who had important
connections at Washington, and had IN
terested many of the shrewdest lobby
lists in the national capital. Their plan
was to use the company S money to buy
ND the stock in large blocks and thus
bull it to fifty6ve or sixty. Then they
would say to their agents in Washing
ton: You can put members Of Con-
gress in our pool at forty-seven and
fifty, and we will carry the stock for
them without any margins. Ii our sub
sidy Job goes through, our stock will
20 up to IS or 80, and they will make
bic piles. They must keep us posted
ali the time, and if there Is a
certainty of our job being de-
feated, we, having the news earlier than
ANYBODY else, can sell short and thus
save ourselves in any event, and posi-
bly, make handsome turn. If we go
through, every body will realize large
profits, and in the event of an lnyestI-
CATION there will be no danger OF any
body being hurt, for all the operations
in stock will be made with the COM
pany's money through confidential
brokers'; and the only entries on our
books will be 90 much invested in stock
and so much realized for sales thereof.
If members wish to carry on
their operations outside OF
the company, OF course they
have their confidential brokers
through whom they can transact their
business, and nobody will ever be any
the wiser. This latter plan. however,
would nccessitatc the putting up OF
margins by the stock gambling Con-
yressmcn and whila il was the safer in
one respect, it was at the same time
more risky in another. There were, OF
course, a lot of cheap congressman who
would have to be bought outright for
cash. These were principally carpet
baggers, scalawags, and negroes. with a
few Northern radicals and Democrats
but they were all small priced fellows,
who never cost more than three or -four
thousand dollars apiece. and some OF
them going as low as one thousand.
THE BILL PASSED.
The appropriation bill finally passed
the House, March 20, and was received
in the Senate the next day, and refer
red to the Committee on Appropria
tons. In April MIR. Window, from The
committee. reported 1t back witt
amendments, and on May ; the discus
sion began. The first amendment wa;
one increasing the Pacific Mail subsld,
to one million dollars, and MIR. Win
dom supported it with all hi
pONer OF speech, and so also dl'
Stockton of New Jersey, Casserly o
California, Corbatt of Oregon. Cole o
California, Frelinghuysen of New Jer
sey. and Sherman of Ohio. 1t was op
posed by Morton Of Indiana, Morrill, 0
Vermont, Kelly of Oregon, Stevenson
of Kentucky, and Johnson of Virginia
with great ability, but the Senate ha
been set up. and the amendment wa
carried. The following is the vote:
YEAs-Mcssrs. Caldwell, Casserly
CLAYTON. Cole. Conkhng. Corbett. era
gin, Fenton. Ferry. Of Michigan. Elan
nagan. Hitchcock, Howe, Kellogg, Lew
is. Logan, Nye, Osborn, Pomeroy
RAMSEY. Rice. Sawyer, Scott. Shel
man, Stewart, Stockton. Sumner. West
Wilson and WINDOW.
NAys-Messrs. Ames, Bayard. Chan
der. Davis of West Virginia, Ferry c
Connecticut, Frelinghuysen. Goldtt
waite, Hamilton Of Maryland. Harlan
Johnson. Kelley, Morton. Norwood
Pratt. Spencer. Stevenson, Vickers an
Wright.
INFLUENTIAL. MEN INTERESTED.
Il is apparent from what the foresc
ln- d,Scloses that influential men bot
N the Senate and the House who wer
usually opposed to all subsidy scheme
were deeply interested in the success
Of this. II will also he seen that th
carpet baggers, scaiawags and negroe
IN the House voted s,eadily for th
measure Now it is known tia
all this time MANY mem
bers Of Congress we're III
usually solicitous about the fiuctG,
tons Of the New York stock markc
Ii you stood about the stock indie.
tors you would notice members CO,
stantiy examining them. 1t is qui,
certain that this was where the higl
priced mca were interested. Is ia sal
that one Senator from Ohio rad Ii
oomrsay carry for him 1000 shares