The New York herald., 1876-03-10

regard to the loan OF $780, 600, recolect that
coaterals to the OF $500 900 were put up the
collatorals we're put up and given to Mr. Stockwell
from what sir StockweIl told me believed that the
$500 600 would be paid; in my recollection he said II
would be paid or would be repaid; think the books
will show that the $3.50 600 making up the balance
was paid; the duties OF Eldridge and Irwin were
look after the general business OF the company in San
Francisco, China and Japan; Mr. Irwin was known
the China secretary before he TO San FrancscO
the case Of surplus in the hands Of Eldridge aud IT.
win after paying their own expenses, such money
always sent TO New York and charged on the books of
the company hero; the entry in the stub book that
you have Just shown is in the handwriting OF Mr..
Abercromby, former treasurer Mr.. Believes then
dated January 90 in the other books. The check for
500 600. dated May ii, 1872, then identified The
two checks for $l04, III 81 and $45,2S2 l3 making
up the $l5O,O0O that was paid back by Harriet 4
Noyes, read or IRON the stub OF the check book
and identified by the witness as appearing the DIFF
fercnt books that were produced who also stated that
they made in the regular order OF business
The check for s5O0,OO0 that charged to Eldrcge
and Irwin then taken up, and Mr. Believes stated
that he believed the check was drawn to the order
OF Mr. StockweL The charging Of 500 900 to the
two China steamers was then gone into and Mr. Bel
loves stated that that method Of conceang
the real disposition of part of the 81 so 000
ifcate OF deposit from Mr. Masterson also charged
to the account of Edrdge and Irwin and shown to be
part OF the $75000o
Mr.. vanderpoel then commenced the redirect, and
witness statedl saw somo collaterals in the Office Of
the company just after tho charge for $780, 600 was
made; saw them in the directors room think in
the hands of Mr. Stockwell l think Mr. Harriet
also there | looked at the coaterals think they
were bonds and stocks; these bonds and stocks
af1erward In the companys safe cannot tell you how
long they remained there do not know whether they
were surrendered to Mr.. Stockwell or Mr. Harriet;
do not think they were in the safe as long month";
they were surrendered on verbal order from Mr..
Stockwell; | am not aware that any other director
knew anything about tho colaterals; Harriott h
NOycs DID not have any part of the $500 600 for which
9I Se had been Pqs AnE sS
matter were crooked except that of the $3.50, 600
long discussion then ensucd relative TO the checks that
were paid 70 the account OF Eldridge and Irwin and
the witness went the old story OF the checks
more The witness then satcd:-All the entries that
made with to charging OF the $T5O.Oo0
were made by the orders of the President, Mr. G. b.
Stockwell; | took no responsibility In the matter
simply obeying his orders; do not know that Mr.
Irwin ever communicated any financial matters con-
nected with the company to any except Mr. stock
well when objected to charging all the money to the
favor oil IT, and recommended that II should be dsnosed
OF that way; believe that Mr. Stockwell showed me
letter to that enect the $780, 600 that charged to
the coal account never paid in to that fund, but
really used to take up the $500 900 debt
Judge Fullerton then asked few questions in refer.
ence TO the letter from Mr.. Irwin TO Mr. Stockwe, and
Mr. Believes statedI did not saw the letter. but
l thought Mr. Sockwell either read to me from letter
stated that Mr. Irwin had written to him suggesting
that the money should be charged the San Francisco
agency Mr.. Stockwe spoke to me on the subject be-
cause | objected TO charging the money that way l
suppose the crooked entries made with view to
covering up the traces OF the money that spent IN
procuring the China subsidy.
three checks for SOL AZ 90 dated May l5 1922 200
dated May 49, and $22S 735 ST. datod May 2l that were
drawn to the order Of Harriet Noyes. Ar. Believes
said he remembered drawing the checks and on OK
animation OF the ledger showed where the money was
paid back
Mr.. Theodore T. Johnson then took the stand and
stated that every check that he drew during the Pres
idency OF \. b. Stockwch the margin was written up
according the orders OF Mr. Bcowes; | understood
that Mr. Stookwell responsible for the money
spent In Washington; remember he said something
about the matter costing over 5000 O0O: think tho
ltrel 1p tim of flO Ia
expenses took place before the Board OF Directors that
was elected in May, 1872; Mr. stockwell aid not ap-
pear to deny that he personally Liable and init
mated that II would be made right
Judge Fullerton then read contract between Mr..
Stockwel and the pacinc Mail Steamship Company, in
which they released him from AL claims on receipt OF
10000 shares OF the capital stock OF the company and
requested to have It marked and put IN evidence Mr.
Nanderpoel objected TO the document as irrelevant
and Judge Bixby sustained the objection. Judge Full
lerion made argument trying show its bearing on
the case but Judge Bixby would not accept it.
Mr.. Henry Clews was then examined and statcd:-I
director of the Pacific Mail Steamship Company
from May 1871 to May, 1872; | think was member
OF the Board in January and February, 1872; know
nothing OF tile payment OF $75OOO0 TO Mr. Irwin while
was director.
anything about the drawing Of the checks while was
Il director; / believe toward the close OF my term
heard some rumors about some expenses IN Washing
ton ii gave Mr. Cheevera letter to Mr. Stockwel, as
he said he could servo Mr. StOckwell in Washingon
did not know that Mr.. Cheever was to be employed
in connection with the SUBSIDY; have 10 recollection
of saying that Mr. Cheevcr assisted me IN obtaining the
business Of the government; do not remember that
Mr.. ChceYer in my employ; | believe Mr.
Cheevers business was to remain in Washington and
obtain information for bankers and brokers; do
not remember TO have heard that he was
engaged in any legislation; presume corresponded
with Mr.. Checver after that time wrote letters to
him; / believe was member OF the Auditing Com.
mittee about that time; never audited the sum OF
s25 coo for Mr. Irwin any other sum; was not an
officer TO audit the book accounts; l knew nothing
whaleYer OF the s25 900 paid to Mr. Irwin; recolect
quite a number of loans to Harriet NOyes; the
curies were all examined by us ana were quite satis-
factory; unable to say whether Mr. Checver
lawyer not; believe he has different occupations;
not present at any meeting of the Board whore
resolution passed authorizing the President to
pend moneys in procuring a subsidy.
The cxamn nation was then adjourned until Monday
at eleven A NJ.