The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1875-01-01
NEW YORK.
The Pacific Mail Investigation.

New YORK, Dec. 31-At the Pacific Mail
investigation to-day. Geo. Weed, cashier of
John Roach & Son., testified that an exchange
check, on the 4th of September, 1872, was given
was only a matter of accommodation, and MIR.
Roach had no knowledge of the matter.
r. R. Ralston, director of the Pacific Mail
Company in 1872, next testified. Mr.. Ralston
knew nothing of the subsidy, as it never was
discussed at a meeting of the board when he
was present
Geo. 1. Kingsand, also director in 1872,
knew nothing of the subsidy.
G. A. Avery, now attorney for Mr.. Stockwell,
testified that StOckwell was in the brokerage
business with him in 1872 and dealt in Pacific
Mail stock. He will produce the books show
ing the dealings at that time.
Rufus Hatch produced two letters from IT.
win to the treasurer of the Pacific Mail Com
pany, dated Washington, Jan IL, 1871 ac-
knowledging the receipt of $4,000; also letter
to Twin, then at San Francisco, from Vice
President Bellows, dated Dec q 1871, request
ing his immediate presence in New York., to
furnish information as to what he Urwin) had
done the year previous to obtain an increased
subsidy for the China line, also letter from
Irwin, dated San Francisco, July IS, 1872, to
President Stockwell, enclosing proposals for the
China service, with a recommendation that
Mr.. Albert be sent to Washington with the
bids, there to remain till opened, when he AL
bert) should report to Stockwell
Mr.. Hatch stated that this was all the in
formation by documentary evidence he could
furnish. He testified that on examination of
the company's books, 100000 more was
charged to Rooch for each of the two new
steamers in the books than had beer paid to
him.
Charles J. Osborne, director in 1872, testi-
fed that Mr.. Stockwell had things pretty
much his own way in the board. He was
very arrogant man. Witness often tried to
find out how matters stood, but was always
baked.
In the afternoon session, VIM. II. Lane, pur.
chasing agent of the Pacific Mail Steamship
Company, testified to having made an examin-
alton of the files of correspondence between the
company and r. b. Irwin from December,
1871, to the latter part of 1872, and only found
one letter referring to the subsidy among them,
which he handed to Mr.. Hatch, and is the
same as read this morning by Hatch before the
committee.
Mr.. Bellows Vice President of the Pacific
Mail Company, appeared before the committee
and made some corrections in the testimony of
Mr.. Roundy yesterday. Did not know wheth-
er Stockwell was gaining or losing prior to May,
1872, in his dealing in Pacific Mail stock. Was
vice president of the company from the early
part of 1865 to May, 1873. Reports were made
ly reports were made by the company to the
executive committee. Never reported to that
body the money given to Irwin. Never thought
it was his duty to do so, nor reported to them
when the checks for 900 were given TO Ir-
win by Stockwel TO procure the subsidy. Did
not know why the annual report did not show
that 500, 000, too much had been paid for the
building of each of the ships, Toxic and Pc
king. He thought the annual report would