The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-14

disbursed by Albert and SIS, 500 returned to Twins
credit here, accounts Tor the whole OF the $225oC0
cneck previously received oy ALERT from Irwin.
The cashier OF the Bank Of California also fur.
nished information that the draft drawn by Lees
March H. 1872 Endorsed by Eidredge and irwin.
Lewis J. Davla OF the banking 1rm OF Lewis,
william S. king mad no account account with them prior
HERsEy's USE OF HIS MONEY.
John c. Hersey, an assistant doorkeeper OF the
House. was then closely examined at great length
In regard to the $1,000 which he received from
Irwin; he produced his bank book showing that
he deposited up to July. 1872, 50, $50, ana swore
that he used the entire sum OF $Il, 600 Tor his own
See exce SEQ to no his part SISTERS and
70 his wife; ne expended about $1,000 Tor
furniture &C, paid debts which he estimated nl az
which cost So $50, lost 500 IN pork speculation
and paid s375 for $4,000 stock In the California
ness swore positively that he made no agreement
whatever in relation to the $1,000; knew that he
him; was surprised at the largeness OF the
amount; attributed 1t to personal friendship Tor
the a. owe 81 Colonel Bee who was
then working against the Pacific Mail subsidy;
performed no otner service for irwin;
never made any suggestion that he could
member away; did not claim to have any in
nuence with any member, and never attempted
to influence any, and neither gave nor lent any
portion OF this money 10 any member OF Congress;
In short the money received by him was q
General Halbert Paine then corroborated
Hersey's testimony as to the latter's purchase Of
the Railway Construction Company's stock.
General Paine had no suspicion whatever as to how
the money was received by Hersey cautioned
him against the risk ne ran In purchasing STOCK or
this character; but Hersey had made up his mind
that he wanted 1t, and Paine accordingly sold him
what he wanted. payable IN instruments as called
for by the company.
on the conclusion OF MI. Paine's testimony the
committee unanimously expressed themselves
satisfied that Hersey had told the truth in saying
that he received and used all the money ior his
own personal benefit
sCBUMAKER's DEPOSITS
John NJ. Carson, bookkeeper OF Jay Cooke a Co.
in 1872, being recalled, produced the original GER
tihcates OF deposit which were IN question
recently. The first was issued June 3, 1872, to
John G. Schumaker, payable to his own order, for
100000. and was taken up upon his Endorsement,
June 8. by payment or $50 600 IN cash and the IS
suance OF new certificate Tor 100000, pay able
dorseo follows :-'Received SIS, 600, June g.
1872, ]. G. Schumacher !" and also Balance paid
June !, 1872, John @. Schumacher"
John sherman, Jr., testified that he was acting
paying-teller OF Jay Cooke Il co. in June, 1872 |;
these TWO certificates OF deposit were filled in by
MIN Oy order OF Mr.. Tenney, the general manager
OF the banking house; witness THINKS he paid out
the money Tor the two $4,000 checks on the
Marine Bank which were casned by Jay Cooke IL
Co.; never knew Schumacher; don't know
TO whom the money was paid Tor these checks
bearing the Endorsement OF John G. Schumacher
they were probably cashed by HIM on he authority
Of the initials OF Henry D. Cooke.
Adjourned.