The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-06-17
anrneld nnd lne C.edIt MobIller.

IAfHeLu tht
The Chicago Tribune has taken some
pains to go through the official testimony
in the Credit Mobilier examination by the
House committee OF Congress raised for
the purpose. From the testimony 1t ap-
pears that in 1872 Henry McComb, OF
Delaware, who had been partner in all
the Pacific Railroad transactions with
Cakes Ames, brought suit in Pennsylva-
mia court against various parties for set
Element OF accounts. Among the papers
filed was letter from Cakes Ames, stating
that he had disposed Of certain shares oil
the Credit Mobilier stock to certain per-
sons indicated by initials on list, and
McComb explained that these initials in.
dictated certain persons, as follows:
JIG Blaine, 5000; Senator Patterson,
5000; Senator Wilson, 5000; S. Coliax,
$1,000; Elliott, Of Massachusetts,. s., 600;
Dawes, OF Massact. usetts, s., 900; Bingham
and Garfield, OF Ohio; Sco6eld and kel-
ley, OF Pennsylvania; Fowler, oil Tennes-
see.
At the meeting OF Congress in Deem.
her. 1872, on motion Of Mr.. Blaine COM
mittee was appointed to examine and
report the facts Of the case. OF this com.
mittee Judge Poland. OF Vermont, was the
chairman. The committee took full evil
dence OF all the parties implicated, and OF
other persons. AS the result OF their in
vestigation they reported TWO resolutions,
one for the expulsion Of Cakes Ames and
the other for the expulsion OF Jas. Brooks.
The whole testimony in the case, so far as
It related to Mr.. Garfield, was given by
Cakes Ames. The statement Of Cakes
Ames concerning Garfield was brief 1t
is as follows:
DIN regard to Mr.. Garfield state to
the Committee the details OF the transac-
lions between you and him in reference to
Credit Mobiier stock? Al got for MIR.
Garfield ten shares OF the Credit Mobilier
stock, for which he paid par and inter-
est ~.
Q.-when did you agree with him for
that? A.-That agreement was in Decem-
Der, 1867, or January, lS6S. About that
time. About the time ! had these con-
yersations with all OF them. It was all
about the same time.
Q.-State what grew out OF 1t. AIR.
Garfield did not pay me in money. | sold
The bonds belonging to his 81 900 Of stock
at97, making $776. In June received
dividend in cash on his stock for 5000,
which left balance due him Of $3.50 which
| paid him. That is all the transaction
between us. did not delirer 10 him any
stock before or since. That is the transaction
and the only one.
By Mr.. Merrick-The $500 which you
paid him was the surplus Of earnings on
the stock above the amount to be paid for
it-par value2 Ayes, sir. He never
had either the Credit Mobiier or Union
Pacific Railroad stock. The only thing he
realized from the transaction was the $500.
OIL see on this statement in the &C.
count with Gen. Garfield there is a charge
OF S47. 1t Is interest from the July pre-.
yious, is II? Ayes, sir.
Q.-And the S776 on the credit side is
the so per cent bond dividend sold at 81
per cent? Ayes, sir.
O-And the 5000 on the credit side Is
the money dividend? Ayes, sir.
Os-Auu hllGI lOu lhh ACSClNCu tLVoC
two sums they in the aggregate oyerpaid
the prices Of the stock and interest $3.50,
which you paid him? Ayes, sir.
Q.-You did not declare certificate oil
stock 10 himP A.-No, sir; he said moth
Ing about that.
Q.-Why did he not receive certificate?
Al do not know.
Q.-Do you remember any CONVERSE
ton between you and him in the adjust
ment Of these accounts? Al do not.
Q.-You understand that you were the
holder OF his ten shares? Ayes sir.
Odd he SO understand III Al
presume so; It seems to have gone from
his mind, however.
Q.-Was this the only dealing you had
with him in reference TO any stockP A
! think SO.
O.-Thers were dividends OF Union Pa.
ciRc Railroad stock on these ten sharesP
ODD Garfield ever receive those2
A.SNo sir; never received but 1929.
Q.-Has there been any conversation
between you and him in reference to the
Pacific stock he was entitled TOT A.-No
o.-Has he ever called for itR A.-NO,
sc q.-Have you ever offered it to him'
oil Q.NHas there been any conversation in
relation to 1t? A.-No.
Summed up, Che statement Is that Ames
made memorandum that $1,000 Of this
stock in his hands was held for Garfield;
that the stock earned s., S29; that he paid
Garfield SS29,-the surplus after paying