The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-13
THE SUBSIDY INQUIRY.

JAZZ COOKE / co. s BOOKS ExAMINED-PRICE OF
THE ELoQUENcE OF LoBBYIsT-DoN
P1ATT's vIBTUoUs LoAN-HE ALSO BECOMES
CoNTUMAcIous.
WASHINGTON, Jan. ~ 1875.
the Ways and Means Committee continued the
Pacific Mail investigation this morning.
Jonn W. Corson the bookkeeper OF Jay Cooked
Co., Of Washing on, appeared with the cooks OF
that banking house, and was examined with refer
ence to the Two checks OF the Brooklyn Trust Com.
pany GA the Marine National Bank Tor $50 900 each,
payable to the order or John G.. Schumacher, which
were cashed by Jay Cooke 4 Co. His testimony
ana the examination OF the books showed that
these checks were casned here on June
g. 1875 that they were Endorsed only
by John G. Schumacher and that therefore,
1t would appear that Schumacher go. the cash
some other person, however, might have re-
ceived the money II the teller were utnorized by
Henry ID. Cooke to cash them without further in.
dorsement; the books also showed that on
June 3, 1872 q certificate OF deposit No. 2Sl5 was
issued to John G. Schumacher for $780, 600; this GER
tifcate paid June s, 1872, and on that day an.
other certificate, No. 2a2i, was issued to John @.
Schumacher for $60,OOO which in turn was paid
June Z, 1872; witness SAID that It would seem rom
the books that the first certificate was retired by
issuing the second ana paying $4,000 IN cash
maker, might have been made payable to the
ORDER Of some one else; the original certificates
OF the bankruptcy trustee In Philadelphia.
POSTMASTER KINGS LITTLE AMOUNT.
The books also showed that on the Sd OF June,
1872 the bank cashed certificate OF deposit issued
by the National Park Bank, OF New York, In favor
OF wam ns 1E ioT sseo sae money Tas
as his name followed Kings, and was the last In
dorser.
Johnson Il Co., testified that q certificate OF de-
post issued by the Park National Bank OF New
passed through their bank on June s. 1872; had no
personal recollection OF the circumstance, but In
over the counter to william 5. King; the Park
Bank being their own correspondent, they would
cash its certificates for any amount upon proper
HOW THE HONEY WENT
John g. Jersey. the assistant doorkeeper, VINO
received $1,000 from Irwin, was recalled aud
questioned by Mr. Beck as to his expenditure OF
the money. He swore that he used 1t IN the pay.
ment OF debts and in the ordinary expenditures Of
living, except 81, 500 lost IN pork speculation and
$1,000 invested In government bonds and other
personal property. His further examination was
temporarily postponed until he should bring to
the committee his bank book and such papers as
he may have corro6oratlve OF his statement
ANOTHER SUBSIDY ADVOCATE.
Hamilton G. FAINT swOrn:-Wltness said he
did all he could to secure the subsidy; whenever
Gated IL through members. and sometimes lie
would send others to members; he sent Mr..
GeOIRc W. whey, VI NcW 1OTk, W Sec representa-
tive Beck but that amounted to nothing; witness
could not recall the name OF any person VINO re-
gy nm s e
witness used all the means he could to secure the
subsidy.
1t appeared during the course OF the examine
ton that Wiley did see Beck. but Beck not only
made speeches. but voted against the subsidy.
witness said he did not mention to any persons
With whom he conversed that ne was employed
to secure the subsidy.
Mr.. Beck remarked that he had never seen the
W1LneSq TODAY
METHOD OF LOBBYING.
Witness could not recolect the name OF any
person other than Whey whom he sent to talk
with members OF Congress; could not remember,
1t being three years ago, the name OF any Con-
house; he did not in visiting the Capitol call
out any member to talk with MIN: he resorted gen.
ns Mr. 20
talk to Mr.. Beck, besides mis- general statement;
he wen. to New York several tunes, where there
to mollliy the opposition to the subsidy; the men
who opposed the subsidy had sold short and his
object was to convince them that the subsidy
would pass, so they might buy IN saock; witness
thought his services were worth more tnan
$4,000, as he had TO neglect his business attend
to TWINS; witness did not carry stocks for any
Mr.. FAINT made the following general state
ment:-Early in the spring OF 1872, being engaged
in the banking and STOCK business In this city,
and Mr.. Irwin, having known me for several
years. employed me to render such legitimate ser.
vice as could to obtain the subsidy, and agreed
TO pay me 81, 600 cash and 900 contingent on
was q large and influential body OF stock oper.
atOrs who had sold the stock Of the Pacific Mail
short. and who were opposing the subsidy; and
Mr.. Irwin, tearing this opposition, thought that
could mollify 1t In some degree by my personal
| influence, and he therefore employed me. He
also knew that ! UNDERSTOOD their operations,
and could keep him informed. l was also
70 use all the legislative means coulG TO secure
the subsidy; It was distinctly agreed that my CON-
pensation was not to depend on my carrying any
vote In Congress; was paid 1000 at the time of
the agreement and, alter the passage of the Dill,
Mr.. Albert deposited TO my credit, with my firm,
about the 20tn oil May, 1872, $4,000, the amount
due me.
DOM PIATT's CONVENIENT LOAN.
Don Pratt testined that he received the So, 600,
as stated by Colonel Albert; ii was IN the shape OF
a loan from Irwin, and the money was paid back
to him; this transaction had nothing whatever to
90 with the subsidy, as he had opposed 1t frOm be-
ginning to- end in his newspaper and other
wise did all he could to defeat it, the money
was not used to corrupt members The note that
he gave to irwin came back to MIN Endorsed by X.
b. Irwin, as PAID July 2, 1872. The witness de.
clined to say who paid the money for him, as this
involved an exposure OF private transactions
which had nothing whatever to do with the SUP.
sdy.
The committee reserved consideration OF the
question as to whether they would insist on being
Informed who paid the money for Mr.. Patt.
The room was then cleared.
The committee decided that Mr.. Piatt shall
answer who paid the $4,000 for him in satisfaction
OF his note to Irwin, and have given him until
Friday TO tell.
The committee then adjourned till to- morrow.