The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-26
CREDIT MoBILIER AND Mr.. TILDEN.
The Exact aud Complete Truth about that


The Exact aud Complete Truth about that
Matter.
The Republican papers and orators have
been asserting that Mr.. Iiiden was the profes-
sional adviser of the Credit Mobilier In its con
coction and In Its arrangements with the Union
Pacific Railroad.
The charge Is totally false. II was dlsproved
when II was nrst made.
We copy the following from the Ner York
Tribune Of Monday, Oct. Il. 1874:
As to the attempt to connect Mr.. Tilden In
any manner with the Credit Moblier, Mr. Til
dvn's friends say u Is not only false but quite
Mr. Oakes AnIes Is that Mr.. lilden advised that
stock could be lawfully paid for In work. MIR.
Ames, they claim, did not say, nor did ANYBODY
else say that Mr.. riden had anything Whatever
to do with cOncOcting the Credit Mobil'sr or
with any Of its acts. Even as to the single fact
the mistake this way, OF grouping together all
the counsel who had been consulted Oh any OF
IRE hat his professional action was Ia CON
troversies entirely distinct from that question.
L.E orsleEs OF 1 s,ssO II, sM,ssrsA
To ne Editor Of ne Albany Afgas:
an1 g n; sSsH sseS 70 sss % tss
Mi M c .as Of os s tUn fI n RrSa
from iSse to 1879 prsetl.ed Law II NJ; Iiden. o.
1knows better than | % The subjects upon which be
S s'e esa he s called ason 20 sys The oer
of the Union Pacinc irosd Company IL was sDout
the 2ist Of May, 1857 He had been elected memoir
Of the Constitutional Convention, aud not wiling
por,ansG to 90 'o welded so far 70 consult
on important question: provided the active work on
1nis scceded 20 and at his suggestion Judge Allen
ana the wrer OF this letter were retained IN the su
I'VE AoiIs contract. had been executed nearly tive
By ins COMPANY or s olseeTs Ths A9r- contract was
from The city. lie gave advice In regard TO. TOOK
part - ~ prsp.I ton ara dd no. know o. ts exist
niaaiou' roy,rsy arose among the stoesaolder-,
30 dSfr easrged gioss vast ana extsvaesaee 10 tue
{. nstruction u1d,r toe hene contracts These se,
Mt Iilden c9n.g.t l"r i.e control OF me compans
hcd on ne "a OF oe toocr 1857 IN the ereuon - Two
scparte boards one parry Of the ckholders post
ing sId tne Other "hh nspse,ors previously drsig.
s..sa ~ e nary r ee1n anu Judge Ae
controversy anG both OF them. well BeDj +.
cs sdv.er! o. one Sf che e. te"tlnS parties njaae
ps ana ee NJ Ts se c isyse and he S
return Tor several days During ms absenc negota-
nS on G "a o. osoe & na w Sf1s M as
wa aSay .Is parties S,me to az ssresen for a.
aDee OF TIRE pending SUITS Tue formation OF coupro-
The sr Sv @ Hs sa the
S 81 e seven Sr es ws re-
npon The whole slrAnseme.t igr .is settlement wa.
WSoa, Ills II. ADVICE ssr or TV eyea .noweass ~"
The staten NJ or ra,ner ne insnnaiion Tor II y not
minagsr Of The linton Pscinc Rairoad to organic the
Credl Mobiler Aadissue stock TO themselves, &C. IL
| utterly untrue.
The on question relative 10 the issue Of stock pre-
scented 10 Mr. Illden Tor ais opinion was one arti Ing
IN er the T. Lowing PROVISION OF the act Of July 1884
the sSt,erI Il refor .hs. al the Zine Of sabserib
Ing pay remit 10 the Treasurer Of the company al
auOlnt share EQUAL TO the amount per share pre-
| viJuslV paid BY the ten existing stockhOldcrs."
Mr. IIden was dtered to predicate his opinion upon
the statement tha' the great body OF tue existing stock
had been issued Al par, a!houEh formal call hsd beer
made only the extent OF hftN i've Der cent. there
Mr. Tden advised that no stock ud be iseued uncs
the subscrOer PAID the iul smount Of his subscription
Under Mr. III dcn'a advice an Injunction Obtained
restranlng James fisk, Jr. ana others who had suo
eerbed attempted 10 SUBSCRIBE. on the eve 81 tht
election for directors. for very arge amount Of the
ftocK, ara had gone through the FORM OF tenderini
checAs Tor ntl nv per ecnt-vhich II was known be
iorehand Me Treasurer, Mr. CscJ, would not accept
| IN order 10 Obtain posses ION OF tire company.
hr. lhdens OplniOn not asked upon the question
OF the yallty Of tho stock then already Issued anu Of
which Gen. DIX held hfty shares, aud he opiu
| lou on that subject JAS. Y. SISNoTr.