The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-05-27
VOL. XLlll.-N0 Isl.
ONE OF BLAINE'S AFFAIRS.
mr.. CORRUPTION SNOWY BIZ HIS
"'' nWN UANDWRITISG'


-
,y.xr., Fi.her, Jr.. share In
-. Nnr,I,cr, Pacific job rms was Whns
~. ra, for Lcsislat ton Fisher wakes a
-, .ad Bny-- The failure-Bintno can't
n.,,,er what lie sold ana IL Forceo 10
u.f.nd $1,000 90 n hemoer oi tno ro"''
-, .ourrA ADAMS PRODUCING rHs PROOFS.
~, rur EDITOR or THE SUN-Str: en-
.,o.s 10 YOU copies Of q letter and receipt, the
originals Of which were signed by tho Hon.
lame, O. Blaine, whic h he will not deny.
In consequence OF Mr.. Bi aine's letter, I In
,,sted 5000. VIII ich formed a portion Of the
amount recelpted for by Mr.. Blaine. For some
reason Mr.. Blaine was unable to deliver the
stock and bonds according to bls contract, and,
after more than a year, aud with some diiiculty,
Isucceeded in reco vering my proportion Of the
contribution.
do not wish, however, TO Hnd fault with Mr..
Blaine for the failure OF the Northern Pacific
scheme. II was well arranged, and II Jay Cooke
had been able to sell the bonds at 90, those wi o
controlled the franchise would have got tho
Government lands FREQ from incumbrance.
which, as Mr.. Blaine express sed IL. would have
been "splendid thing" to do; and have no
doubt of the sincerity OF Mr.. Dlaine's assurance
th { lat the worst 1t would have been " far
moro valuable than thS Union Pacific :" and we
all know how that would leave it,"
A. his resulted, however. the Credit Mobh-
for operation was the bettor one, and MIR
Blainc's sag city was at fault In not foreseeing
the sad fate Of Jay Cooke.
Mr. blaine. 10 his recent very satisfactory vim
dtcation OF himsclf In Congress from charges
yhicn. It seems ial scly connected HIM with Mr..
caldwell uttered the following IN oral election !:
whenever concealment Ia desirable, avoidance
n 4.
e. apply to the honor and fairness OF a business
trans ction." when read this sentence. 1t oc-
CURED to me that | had been concosling my
share of this transaction already too long, and |
felt an almost irresls tible impulse to opev the
wise precspl Of this teacher OF ethics. Hence
this lettar.
Keep nD name quiet, mentioning Il 10 no one
unlce IN M Cdbfioeu," who seems TO have been
selling some other small flyers Of this sort to
that sagacous nnancier, Col. Scott.
Very truly yours,
AQuILA ADAMS.
Boston. Nay IS, 1915.
NR. BLAINE OFFERING To SELL A NORTHERN
PACIFIC INTEREST.
tIrirsisl
AUGUSTA, Maine, Nov. 25, 1870.
Ny DEAR Mr. FISHER: A year ago and more l
spoke to you about purchasing an interest In
the Northern Pacific Railroad for yourself and
any YOU might choose to associate with your
self. The matter passed by without my being able
to control 1t, and nothing more was said about
II. Since then the Jay Cooke contract has been
perfected, the additional legislation has been OBJ
taned, and 30 miles OF the road are well nigh
sompleted and the whole line will be pushed
forward rapidly. by a strange revolution of cir
eumstsnccs, | am again able to control an inter
.tsI Io.l lea IL haxu na
whole road is divided into tweoty-four shares,
OF which Jay Cooke x Co. have twelve. The iu-
terest speak OF is y Of "A, or I-lg2 Of the en-
tire franchise, being that proportion Of the
eighty-one millions of stock that are being di-
vided az the road Is built and a like proportion
OF the Land Company stock, that Is formed 20
take aud dispose OF the 52,0O00O0 acres Of land
covered by their grant as amended by the law Of
last session. The amount of stock~ghich this
l-ie would have 10 the end wouS be about
t4250O0, and the number of acres OF land II
represents is nearly 275,OoO.
Tho road il boing built on the 7.3O bonds, SIS
0O to the mile, which Jay Cooke takes at ".
Instead of mortgaging the land. they make
stock company for its ownership, dividing 1t pr,
rata among the holders Of the franchise.
The whole thing can be had for So, ,OOO which /.
less tn: ono.third Of what some other sales o
small int rests have gone at. do not suppose
YOU would care to invest the whole S25.OOO.
thought for small flyer olsnt or ten OF you "
boston might take IT, ts.5oo each for g., 500 III l
invested You would get ultimately 5000 stock
and the ayGils OF some q ,C0O acres Of land.
Five Of you at 5000 each would nave a splen-
did Ting OF It..
The chance Is very rare one. ! can't touch
IT. but obey my first and best impulse in offer
ing It - you.
All such chances as this since Jay Cooke got
the road have been accompanied with the
obligation TO take large amount OF the bonds
at VI, and hold them not less than three years.
will be IN Boston Tuesday noon. and will
call upon YOU. OF course II you don't want 1t,
let II bass. You will receive an immediate
Issue OF stock TO a considerable amount, and GER
tucates OF land stock also. or course. In con-
ienlng with others, keep my name quiet, men,
uon'ns 1t to no one unless to Mr.. Caldwell. |
write uHdcr the presumption that you have
returned but have heard nothing.
Yours truly,
'slshed) j. G. BLAINE.
This stock will be far more valuable, at the
t"" than the Union Pacific, and see where
that would leave 1t.
The MONEY PAID-DLAINE GETS t25,OO0.
lc0iUdenHdLl
s@oVD' Boston, Dec l, 1870.
hece iyed of Warren Fisher, Jr.. twenty q We
thousand dollars in trust. in consideration OF
"hch am TO deliver to said Fisher properly
authenticated certificates OF an interest ir the
NoHh PacHc Railway Company equivalent to
ohe-eishth -. part Of one Of he twenty-four ga
principal shares in which the franchise stock OF
sai1 company are divided.
certificates to be IN the name OF Elisha Atkins.
Witness my hand. j. G. BLAINE
ho" BLAINE WAS INDUCED TO REIMBURSE Mr..
ADAMS.
lihiults
ufficR OF ADAMss SUGAR REFINERY,
- INDIA STREET. boston, Nov. 3, 1871.
Nf DEAR AQuILA: Not having seen or heard
""m You recently, and being very anxious that
wv should recover your money back from Mr.
name enclose you form OF letter which
T'h loA TO send to him at once.
he gots T. Washington there will be cOnsid-
'ople drlay In gettiug at him, and do not wish