The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-01
To BE Explored.

To he Explored.
The investigation under the following
resolution, which passed the House OF Rep
rescntatives on the oath of January, may,
II honestly and fairly conducted. result in
revelations quite as important as the con-
tents Of DANES AMEss memorandum book
whereas It Is alleged that improper and fraudulent
means wtrc resortcd 10 to influence ley, iaton the
siec Of The act OF ounrress cutcd An net to
eYrporStc thc i,Aas Pa, nc hai road Com any.
S ann ne rn o. i,s road aud Tor other pur;
H. apns'ep Marsn , ~ L. n' person, Interested
bnaliYns ~ r. subs gnruily entered into ~ eid com.
D." Ls,0.tsd. That the Committee on the IuHci1ry he
Instructed to inquire INTO said allegations report to
res red 10 IN sccutins tie rassase ~ ssi ,c an
snetser TIE ssid eompAn' has by Ne contrasts anu
which would Justly the forfeiture Of the franehses
for persons ana papers,
The two grand divisions OF the subject
under this resolution are: first the "in-
proper and fraudulent means" by which
the act OF March 8, 1871, Incorporating the
Texas-pacific, and authorizing il to swal-
low FREMoSTs Mcmphis-El Paso, was
passed; and, secondly, 1.-THE contracts and
combinations with other companies"
which comprises the relations Of the Texas
Pacific with its Credit Mobilier. the Cali
fOrnia and Texas Construction Company.
Pursuing the first branch OF the inquiry.
the committee will necessarily call Col.
SCoTr himself, Gen. Fremont, Mr.. JOHN
A. c. GRAY, CoRTLANDT PARKER, Gen.
NEGLEY, RICHARD PARSONS, NATHANIEL.
PAGE, Gen. J. y. A. SHANKs, and NJ. c.
HUNTER. Among them all ii is to be hoped
that that list of eighty members of Con
gress whom Col SCoTT agreed TO provide
for, that Is to pay, upon the compromise
with Fremont will at length he produced
1t NAV also he ascertained what became of
the balance OF the French gold which was
obtained by Gen. FREMONT in Paris, and
which still remains unaccounted for. Was
II, like the corruption fund OF eleven mil
lions of tho securities of the Memphis El
Paso, devoted TO Congressional pur-
poses" and was the Congressional strength
thus obtained also transferred TO Col.
SCOTT under the stipulation with FRE-
MoNri
Following the second branch of the in
quiry, the committee will require the pro-
duction Of the contracts between the
Texas-Pacific and the California and Texas
Construction Company, and the needful
explanations connecting the history Of the
two corporations. Here Secretary Bus
row will prove an invaluable witness.
Although he was once President OF the
Construction Company, the country will
receive his testimony with uuquestioning
faith. The circumstances of his sudden
rupture with Col SCOTT and his associates
have never. 20 our knowledge. been made
public. Why did Mr.. BRIsrow take him
AIf %
ceremonyl How much OF the stock
OF the Texas-Pacifc WAS honestly sub
scrbed and paid for according TO
lawI Were payments on the stock of
the Construction Company credited as pay
ments on the stock OF the railway COM
panyi If Congress authorizes the endorse
ment Of Texas Pacific bonds TO the amount
of $4,000 per mile, will not the ultimate
resting place OF those bonds be in the
pockets of the stockho lders of the Com
struction Company, as in the case OF the
Union Pacific and the Credit Mobilier?
These be grave questions; and until the
judiciary Committee shall receive salts
factory answers TO them, Mr.. SCoTT's ap-
plcation for an enormous increase of the
large subsidy he has already got should
remain just where II is.
The field of investigation under this
resolution is broad and promising, and yet
we conceive il is not broad enough. Are
the Newark judicial proceedings before
Judge BRADLEY, and the alleged fraudu-
lent foreclosures of mortgages and final
sale OF the Memphis-El Paso To the Texas
Pacific, TO remain unexploredl Inasmuch
ms the security offered by Col. SCOTT to the
United States is a mortgage on this very
property, 1t becomes OF the last impor-
lance to ascer tain whether he has title
TO it or not.