The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-01-04
Pacific Mail Subsidy Invstigation.


Mr.. Kasson was the only member OF the
committee present.
Henry Clews testified that he was
director of the Pacific Mail Company,
and thought he went in under Stock
wells administration; was not member
of the Executive Committee in February,
1872; had no recollection Of resolution
authorizing an expenditure OF money for
a subsidy; did not know that IRWIN had
been employed to procure subsidy until
after 1t was obtained; had no knowledge
of the means used and the expenses IN
Cured to obtain the subsidy; was men,
Der of the Auditing Committee after the
subsidy was obtained; did not know OF
any accounts relating to these expenses
never knew of any more expended by
Irwin until the spring of 1875 witness
was OF the opinion that all the knowledge
of expenses incurred for the subsidy were
studiously kept from the Board OF d.
rectors; although Stockwell was large
gamer in the. spring and loser in the fall
OF 1872. in dealings in Pacific Mail stocks.
No knowledge came tothe directors as u
board, of the money spent to procure
subsidy until after it became law when
the Board did learn the fact 1t was
matter of surprise to them.
Mr.. Lockwood, firm of Lockwood q
Co, whose father WAS chairman OF the
executive committe of the Pacific Mail
Company at the time of his death in Feb
ruary, 1872 testified that his father and
Mr.. Billings were opposed to Stockweiis
spending money in those operations at
Washington; witness found an entry in
his book September 3, 1872, Of check
for 100000, charged to the Pacific Mail
Company; there was no other check OF
same amount on that date; the check
was on the Oriental Bank.
Hatch recalled-Said he could find no
trace of this check on the books Of the
Company on same date.
II. b. Laidlow, of the firm of Lee "
Waller, bankers, produced the correspon-
dencc which passed between Irwin and
the firm to which witness belonged in
relation to the purchase of sight draft on
San Francisco for $4,000.
A recess was here taken.
The Beccher Trial.
New YORK, January 2.-The Beecher
trial is expected to begin on Monday.
Subpenas were served on the witnesses
to-day, and also on the 500 citizens drawn
AS Jurors. There is small pamphlet
containing resume of the scandal and
entitled: "Crime in High Places" being
distributed. 1t is mostly made up from
the documents already published, and Is
not favorable to Beecher's side.
The Saratoga Combination Threat
ened.
New YORK, January 2.-The action
of the Chicago & Iowa and Chicago "
Paducah railroad, reducing fourth class
freight rates between Paducah and this
city, three cents per one hundred thou
sand pounds, is regarded as II serious
blow at the Saratoga combination, and
is said two prominent eastern lines VIII
withdraw from the combination.
Fatal ARRAY.
DEs MONIES, IA, January Isaac
Becker. a young man about twenty-SiX
wears of age, was killed in fight with
scott Hitter, at Newton, Thursday night.
1t seems that Hitter insulted Becker 5
wife. and the latter met Hitter on the
street and knocked him down injuring
him severely. An hour la r, Hitler
started to hunt Becker, swearing revenge.
The two again met on the street and Il
second struggle ensued, when Hitter
drew large lack knife and stabbed Beck
er on the right side of the neck, making
fearful cut and severing the jugwlar
vein. Becker was helped home by his
wife and soon after expired. He has
been married but few weeks. Hitter
was Immediately arrested and lodged in
jail.
Public Debt Statement.
WASHINGTON, January 2.-Six per
cent bonds, Sl57,9S5, 100; five per cent
bonds, 1856. 525, 200. Total coin bonds,
$l,7l3,610, 800.
Lawful money debt, Sl4,67S,O00; ma
tured debt, $40 l22, ,39e; legal tenders,
$5S2,O72,3l7; certificates of deposit, SAL
200 900; fractional currency, SAG, ,390, ,59S;
coin certificates, $23,540,600. Total, with
out interest, $493, ,203,5 ,5l5.
Total debt, $2,240, GA ,206; total inter-
est, $39, 724,47
Cash in treasury: Coin, $S2, ,5S7, ,449;
currency, $l3 49,, ,93l; special deposites,
$4l, 100000. Total in treasury, Sl37,-
740,S3l.
Debt, less cash in Treasury, 50, ,l42,-
| sos, ,2O2. Increase during December,
$3,G59S67. Decrease since June 80, 1874,
S4S9939.
Bonds issued to Pacific Railroad Co.,
interest payable in lawful money, prin-
cipal outstanding, $64,G23,5l2; interest
accrued and not yet paid, 81 1888, IO5; in
terest paid by the United States, $24,-
325, ,39G; interest repaid by transporta-
ton of mails, &c, S5,60l ,93S; balance Of
interest paid by the United States, slS,-
723,5jS.
AbscOnding Swindlers.
CHICAGO, January St now appears
that the members of the firm of Roe
Brothers, wholesale grocers, whose fail
ure was announced yesterday, have alb
seconded, taking with them, it is believed,
not less than 100000 in money and
bonds. They are supposed to nave re-
turned to Canada, from whence they first
came to Chicago. Their operations since
they came here seem to have been de-
lberate and highly successful series of
swindles.
Change of Working Hours.
ALTOONA, Pa, January 3.-The Penn
svlvania Central Railroad shops at this
place will commence working nine hours
per day and six lays in the week, having
for the last six months been working
eight hours per day ana five days in the
week.
Work ResuIed.
The puddlers in this city, who have
been on strike against reduction of
wages, will resume work tomorrow,
giving employment to large number of
men. 1t is generally understood that
the rate of wages is to be the same as
paid at the Allentown, Bethlehem and
Harrisburg furnaces, being compromise.
Printers Dismissed.
ST. LOUIS. January 3.-The printers in
the Times office were all dismissed to-
dav. and the type setting on that paper
will hereafter he done bv the force at the