, 1876-02-10
THE MEMpIlIS.EL pASO JOB.
Gen. 1ol,n q. Fremont Threatening n
Full EXpuN1lrC.

Full Expux1lrCs
Dspaieh 10 the Sce Fork Sln.
WARRINGTON, Fob. 7.-.Tl,e judiciary Commit
leo ofthe IIouHa began, under the Holman reH-
ointiop. 70 inquire into the history Of tho Mcm-
phis-El rnBo and Texes Pacific Hailroad
Companies. Tho Holman resolution restricts
the Committee TO two points First, whethcr
tho chartog Of tho Texas Pacific was obtained by
corrupt influence md, second, whothor that
Company hns Binco ia organization dono any,
thing whereby It has forfeited its ctartor. Tue
scopo Of tho inquiry appears to bs very much
rcatrictod. but tn order to obtain IN Intelligent
idea Of tho relations which exist beeweeu tho old
Memphis-El Pado aud tho Te1ns Pacific COM
pauics, tho Committee will ho compelled to travel
over tho whu}e history OF tho former corpoza-
ton.
The Memphis-El paso had placed = large loan
ON the Paris Doursc, and dispoHed OF some s5.-
0oo, 600 worth Of bonds, which we're bauod Upon
the sanda granted to tas Company BY tho State
OF Te1ah. A great deal of tlfs 1nonoy toalizcd
FROM tho sale Of these bonds lad beon aqunn-
dcred, bit still there WIS something like 81 ,uW,
000 IN gold ia the hands OF tho officers Of tho
Company when thoy entered into conspiracy
to have tho Company thrown into bankruptcy,
and now coucorn charte1cd by Congrcss 70
THIS plot Beenls to hayo been John A. q. Gray, Of
Now York, who Aueccodsl in deceiving ueu.
Johu q. Fremont and entranping hin, aud then
WIS enabled to uho him az n tool to accomplish
vautsgo. Fremont CONSENTED 10 tho in-
dicial proceedings which were to place
tho Mompl,ls-El Paan Company In the
hands Of ltecciyor. and made use Of tho monov
nh act Of incorporation, which was to include
nmobs the corporatora gentlomon who wero tic
friends Of John A.. G. 0ruy, and who wero
pledged to furntsh tho 1nonns to build tho road.
~. n1z atsr rtnx
for Southern Pacific Railroad, and tic Central
Pacific Of California WA hefo TO prevent either
fron accomplishing anything. Dill Stewart.
Scnator from Nevada, was tho representative OF
out Of the wny, sshics. Ito did By buSing hinl.
The fight was then betwoop Scott ind Fremont,
anI tho latter proved hlmseif strong enough to
compel Bcutt to proposd Compromise, TShoh
wnH finally al1angod. Il was agreed that Fre-
mont aud his party wero to l.nvo certain inter-
cst tu the new Company, and that Fremont WAS
10 oo reimbursed hls expenditures.
Iiaying accomplished nll they desired, Gray
aud scott Joined hnlldH to client FrGmont mud lllA
friends, and thoy hsyo DOM It most of1tctually.
| Tue old Mcsnphis-El l'aso In tho bands OF Gray.
tue lsoceivor, with al its valuable franchises mud
| iand-gratt, Los passed to tuo Texas Pacific by
| ccedings. aud Fremont. betrayed on all sides.
| oonvictod In his absence in Franco. roducsd to
| ronury almost by the treachery OF Gray md
Scott, Las ~ lonEth turned on his enetnios, aud
l mG1ub 10 EIusu lulAA u5 AuA aAA Cou4plosu eA-
| poaAro Of MI tho factB
Tho initial etops in tho investigation were
tnken to-day by tho examination OF 8. ". Nor
ton, formerly Of Indiana. who knew great doai
about What was dono In consress when tho
To1as Pacific legislation was procured Ilo
opened up Ills budget today in q way that
rather oponed the eyes q tue me,nbcts Of tue
| Judiciary Committee. He said that ho lncw
that Sl,UDO,099 wore set apart for pur-
poses hcra il Congress, and that Dick rarsona
| anl Il. IL. Covwino Hcre the agents. to diBhutRe
Il, Parsons waA ut TINT tf,uo 1iarsbaf Of tho
Supreme Const., mud CornIno IA a prominent
where ho thoughs Il prudent to 10 aud remain
until after tho adjoufnlntns Of Congress-. Cor
vino IL st.! III Washington aud will hare to ny
pear before tho Comtnitioa mud toll what he
knows. Morton declared that be had no kooul-
edge OF tho manner in which this TN n,enBe SUN
rarsous and Corwiuo pretended to furnish list
OF rersous to whom it Maa paid to tho oflcers OF
tho Company. Oan. Fremont Ia herp, but ho
win not be examined for several days. Tho OK
animation OF Morton uas not concluded today,
mud ho will he subjected 10 further eatschiziug
| at another siIne.