The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-05-29
THOSE TELL-TALE LETTERS
MON re- LTGBT ON BLAINE's MUG"
rRN PACIFIC SCHEMIkG.

w,suISGroS, May 2S.-The letter OIL JUS
r. nloine, written to warren Fisher Jr" NV
o. ,s-o in regard to the sale Of large interest,"
g. ,,s Northern Pacific Railroad ComPen''
which was printed In THE sun ~ yes,e'u"'' n,S.
caused a most profound sensation "e'.' .,,ad
frieods Of MIR. Blaine are very muV" an,
nv this last and most siartli ''''''s'.', ,,'.,
,r,va,.lv they admit that II II 10 ue w a,
,,,,,ion no one can tell where Tue Wv
Mr. nl line himself has put OUT me-
a,,oce I'm which he uses very auIoi'S ."V w
ueie"o'' ~, IN his letter to MIR. Fisher u;
100 ,nce il a very rare one. | can't touch
80 r,,. he AYERS. me mt that the Northern
pa.,ec R,ifoad being land-grant road
rbtrfcred by Congress, he could not be inter-
ssted IN II. because the company would, doubt
I,s. he coming frequently to Congress for lees-
I,tyn 4 one kiud aud another.
II oinyostlea ion should be ordered by the
10 re u Representatives into the whole sub
i,ct Of the Northern Pacific swinde, and the
question OF MIR. Blaine's Interest therein Is al
loved to rest where 1t Is placed by this publica-
lion and his answer thereto, II IL probable that
his chances at Cincinnati would not be mate
rally Affected by this latest scandal. But Will
the mater be suffered to rest here1 The chances
are that II will not. The settlers along the line
Of the Northern P.cne Railroad have been
represented here for months past by agents, who
are urging the House Committee on Public
Lands to Investigate tho operations OF the Lake
Superior and Puget sound Lad Company, which
Is one Of the Credit Mobiliers Of the Northern
Pacific. They will red double their forts now, and
the chances are decidedly In their favor and il
Il difficult to see how the House can avoti or
deting an inNcstlgatiun by special comuiittee
OF the Northern pacidc. ana the manner Ia which
It sec red all It's very fNordbie legisitti m.
IL will be observed by nlUne's letter to Fisher
that he SAWS. g ne whole 70 d Is divided INTO
twenty-four shares. OF wnltn Jay Locke GO;
here by those who IRE acqua nted with the IN
siie history of the Northern Pacific. that these
tweuty-tour shares were placed where they
would do the most good Jay Cooke x Co. made
the arrangement and manipulated the scheme
with capitalists AZ well as with Congressman.
Twelve OF the twenty four shares were placed
with capitalists In different sections OF the
country whose standing IN tho financial world,
~ well AS tn .ir political influence, would Oe ser
Vicraoe To ia, Cooke Co. In placing the bonds
If the company on the market us well a. IN con-
trolling Congress. Smith. President OF the Yer
mont Central Railroad Company. and his friends
took one interest Iom Scott OF the penusylva-
mia Central X iiroad ana his friends another;
George W. Ciss. President of the Pittsburgh aud
Fort Wayne Railroad COMPANY, ami his friends
ten sh,res; sam Hooper and hi- friends two
sh res; W. q. Fargo another; vii lam WINDOW,
Bill KING. and other Minnesota capitalists, rep
resented by them. one share ana the other four
shares were allotted AS follows Inad. Stevens,
one Ia tue name Of Riey; Elaine, one 10 the
name Of stewart; JOhn Sherman, one IN the
'ame Of CO, Ike; L. :. Grant, one. Inc twelve
mares jay Cooke y Co. neld were Drawn upon
Tor ullOtfnents To tne army OF lobUylblb tutf
had employed here rom tine 80 Time
One snare was divided through Edmunds,
Postmaster OF Washington, aud sam Miltinson
had another to spit up among his friends.
Dcut ana PAIGE got their interest through Ihad.
stev,us'- nan ltlev snller Colla1 Odd bust
ms. directly with tn. Cookies. a. oid John Sner-
man. Iu. r. were SSl,0p.Vvu Of stock Of railroad
- be divided among THESE twenty -four sh ares,
and an 90 iHl amount OF the Lake superior and
Puget sound Land COMPANY stock, A. vel as a
g9paly number of the 7.jO nrst NOR: ge bonds,
when came through another Credit Mooiher
called atUu-trNttiUu L ltllyhilN. MulCu quit the
road. taking oil the bonds per nile therefor ami
disiuins the surplus bonds over ana above the
COS of the 70 ,d among the ~ ound-noOr stock
holder-. zen one Of these twenty-fuur inter-
company stock. and a like amount of the Sound
C1ui any stock. making in all s6,1JO.OuO. The
following passage III Baine's letter 10 Fisher
B ine saws . All such ch,ncc. as this This
offer To flsnerl, since Jay Cooke got the ro "a,
have been accom- panied with the obligation to
take a large amount of the b ms n w, and mold
item not less tnan three years II vii be oo-
served there arc 20 sucn conditions attached to
Eliines offer to fisher his Is conclusive az 10
on tu,ns, VIZ, hat the interest he was Offering
was part Of the one-t~eniy.fGuftn interests
Now, how as to TINS Lake superior and Puget
win the sliie stoehlolccrs and me saue Onlcers
.. the Northern L cihc X tlruId Company, ana
with about tne same capttal. Ihe object OF II
to taNe not only all the Ia granted the
railroad COMPANY, but to gOODle up also all tue
cnoic lands not granted. ne TalFoad company
was 10 hay every odj-hunb'red 5ecuon Z Lana
nlOng the line II tue road Tor forty miles wide,
twenty miles on earh Tide OF the track. and II
any uf these oid sections hhl bceh = eenutei
they were to be maGe good u tue railroad COM
t4uy out Of any u the pubic lands In any Of
tie states aud Territories Trough wnlch the
al passed. The Land CouIauy had a
contract with the railroad company to
take all of the llnds granted To 1t AT a
certain ptice If II waited them, and ia addition
. tins II located an the town sites along the
lue Of tue road aud gobbled up al he good
Lad in the neigh ournoud Of these town sites.
1onrc1wplsh tnts Il had a SIN II army Of pre-.
iItors 10 whom 1t PAID a reg lar 81 ry and
isl
L. e course required some capital, and hence
assessments. he manner IN witch these
Lir O IrO6upturs operated vs. shown ia legal
contests between the Land Cumlany ana the
trttrT5 ~ regard to the town site ui Bl-marck.
Inc following IA the testimony given IN one u
these cases b, Thomas ii, Clnifcld.
am President Of the Lax. superior aud ruse, sound
ToA-. ! ne LaSs sageriof a9l Pu.e sound COMPANY
along line tne Nor,neru Pacific Railroad ii Vas
"a harmony VITA thu RAJ road aud Intended to be
ia the other / here oenaf Of Inc Land ON.
h. 1 the Missouri river nlder the instruction. Of the
or e OF ns LSs suP 2e sa fa s sgsnd L"Sf
q es s9Sss Of s1 1ss Ts me and so
ir e ctei for a toSn lie lie Ana nn 'stich Hin
n'i ,Ncnin-' leaving Col Sweet IN charge. rhlnk
a,Hs ;sSy comSsacsi asd II pdI I hia i iai
S|i. If lne business Of the company. Col. Sweet
toae q Gs Sdrtaern raciac Rairoad do rHSH
Cindcld on cross-examination, testified in
substance follows:
The s'ocAnOlders Of the Lake Superior and Puget
Sound Land Company were the same A. the stOckhoid
e. ai tn" ANrilrrA Pacific RAJ road Company. Among
~ b ocku ld-rs are /. Gregory smith, X. ID Iice, A.
J. N,r4rY, 10 G. Fargo, b. r. Cheney, Jay Cooke &
,iWpAnY. lne directors Of the LAKE, Superior ana
- sound Laul Company ~ 1872 were ". &.
~ head Jas Il hOorchrad, jas. stn.Op, trcdericS
.lf-. Taos. h, tauneld all exc ptlng jas. X Moore
hc+. ef'cuis. la tne NOrtAeIn Pacing Railroad Com
y We hlng oh c smltni Ere !. b.. Woodbridge. Pitt
co.. W - King. A. n b,rAey John \. G -odwin
liI go fl'f3 elost name do not recall 1ley had,
l' Wy. lsfs selected quite number of locations
Do Town stu, On tue line Of the Northern Pac nc
~ i,Ad "a VI elght think possibly NO! that many
O. roe W. Sweet testified as follows
rmpuyed Ablut twenty perhaps from time TO
Assist ue Ia making imprOvemF nts pnd holding
'. fh rfr some OF these inca have Ia 4.
lo.fI As nAflug been employed by the company.
'Irge jaw testified:
tll mere jay 30, 1879, and commenced improve.
i..t' NAAl-d.a ry ON my arrly4. The mex. cas- /
ven L tue W. "a. AMI gpt some LOGS, leaving them
PEE MY house LJN Sands. ! Commenced 10 lulld
~ "iitr my sIfVsi. ! pa. 1p ny house aId
g. '"f i'.d J d. ny family were win ne on my
qua have resided with me since n tie
l.'' 1913 1ftlntnlr 10 Aakc u farm AMI hold 10
fr tIil, wien Geo. W sa-e' asSrd m. - leave aud
70 a matt IN Pa N