The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-05-31
BLAINES BUSINESS.
It Is Rather Complicated for Can
didate.
THOSE TELL-rALE LETTERS.

HE OFFERS TO WARREN FISHER, JR, A
SHARE IN THE NORTHERN PACIFIC JOB
THIS WAS WHAT HE GOT FOR LEGISLATION
FISHER MAKES POOL AND BUYs-THE
FAILURE-BLAINE CAN'T DELIvER WHAT
HE SOLD, AND Is FORCED TO REFUND
5000 TO A MEMBER OF THE POOL.
Aquills Adams contributes the follow
ing to the New York Sun, the substance
of which was telegraphed to the Sunday
Sentinel together with Blaine's very di-
sphanous explanations of the transaction.
The letter subjoined is addressed to the
editor OF the Sun by Mr.. Adams: 1
enclose to you copies of a letter
and receipt, the originals OF
which were signed by the Hon.
James G. Blaine, which he will not deny.
In consequence of Mr.. Blaine's letter, in
vested s., 900, which formed a portion OF
the amount receipted for by Mr.. Blaine.
For some reason Mr.. Blaine was unable to
deliver the stock and bonds according to
his contract; and, after more than a year,
and with some difficulty, succeeded in
recovering my proportion of the con-
tribution. / do not wish, however, to find
fault with Mr.. Blaine for the failure of the
Norih5rD Pacific scheme. 1t was well
arranged, and If Jay Cooke had been able
the franchise would have got the govern
ment lands free from incumbrance,
which, as Mr.. Blaine expressed it, would
have been q Splendid thing" to DO; and
have no doubt of the sincerity of Mr..
Blaine's assurance that cat the worst" it
would have been star more valuable than
the Union Pacific" and we all know how
"that would leave it." AS it has resulted,
however, the Credit Mobilier operation was
hn hot A. 81 Ara alt
was at fault in not foreseeiDg the sad fate
of Jay Cooke. Mr.. Blaine, in his recent
very satisfactory vindication of him elf in
Congress from charges which, it seems,
falsely connected him with Mr.. Caldwell
uttered the following moral refiec-
ton: "Wbenever concealment is desir-
able, avoidance is advisable; and
do not know any better test
to apply to the honor and fairness of q
business transaction" When 1 read this
sentence IL occurred to me that had been
concealiDg my share of this transaction
already too long, and felt an almost ir-
resistsble impulse to obey the wise pre-
cept Of this teacher OF ethics. Hence this
letter. keep my name quiet, mention
ing IL to no one unless to Mr. Caldwell, !"
who seems to have been selling some other
"smsll flyers" of this sort to that saga
clous financier. Colonel Scott.
Very truly yours,
AQUuLA ADAMS.
Boston, May %, 1876.
BLAINE's oFFR TO SELL.
lPrivate.l
AUGUSTA, Me-, Nov. "a, 1870.
My Dear Mr.. Fisher: A year ago and
more spoke to you about purchasing an
interest In the Northern Pacific railroad
for yourseli and any you might choose tc
associate with yourself. The matter passed
by without my being able to control it
Since then the Jay Cooke contract hs,
been perfected, the additional Legislation
has been obtained. and 23a miles OF tn,
road are well nigh completed, and the
whole line will be pushed forward rapidly
By strange revolution of circumstances,
am again able to control an interest, snC
II you desire It you can have 1t. Tb,
| whole road is divided into "a shares, o
which Jay Cook q Co. have IL. The ir
lerest speak Of is q of "a, OF l-io2 o