The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1883-12-27
ALLISON REVIEW ED.
From the Iowa State Tribune.
No. /.
"t'Rl,blT M,,nlI.IER.

From the Iowa state Tribune.
No. |.
CREDIT MoBlLIER
Massachusetts desires the national
House Of Representatives To erase from
its records the resolution expclling
from his seat in the Forty.second Con-
grcss Cakes Ames, member from that
State. His otlcnse was Selling to his
fellow members Of former Congress
shares Of stock in the Credit Mobilicr
Of America for prices much below the
true value of such stock, with intent
thereby to- influence the votes and de-
ciSions " such members IN matters to
he brought before Congress for action. :
(Sce Poland report on Credit Mobilicr,
Forty-scconl Congress, 81 sess., page
49, II will he sore trial to the
distinguished Senators from Iowa, Mr..
Allison and Mr.. Wilson, to have this
subject reviewed in Congress. The eyi-
dencc upon which the Poland commit
tee based its resolution for the cxpul-
sion Of Cakes Ames disclosed the fact
that in the fortieth Congress he sold
10 his fellow members, Mr.. Allison and
Mr.. Wilson, portions Of this stock.
"much below its true value, with intent
thereby to influence their votes and de-
e SONS in matters to be brought before
Congress- for action.
These gentlemen from Iowa con-
sentcd To the transaction with Mr..
Ames. obiectin9 only to the number OF
shares they were to receive. They
claimed the right to purchase fifty
shares each. but Mr.. lAmcs allowed
them but ten shares, which they nc
ceptcd. See Allison's statement. Po-
land report, page Mi. Wilson's state.
ment, same report. pages Il / to 30; and
Oakes Ames' evidence, same report,
page ~,
When the evidence taken by the Po.
land committee of investigation dis
closed the connection nt Mr.. Allison
and Mr.. Wilson. former members o1
the House. with Mr. Ames in the Cred,
: il Mobilier transaction. while serving
in til. Forticth Congress. ii was sug
gest,d by Speaker Blaine. who hap
| rencl to b. present "that the gentle
men from Iowa having ceased t. l.,
f uitHitViSs tit SVNttu ldhe "
jurisdiction of them, and thercupon
on the precedent of a case that aros,
\ in the previous Congress. il was urge,
! that all reference To Mr.. Allison ant
| MIR. Wilson he stricken from the record
/ The committee refused to regard tn.
| precedent, or strike from its record tn,
evidence relating to those gentlemen
In announcing this decision. the Chair
man. Judge Poland. remarked: 1T j,
/ Yer, c'car that We eannat deal with Mr.
! Wilson and Mr.. Allison. hut perhaps
We max with Mr.. Amcs. who con
I tinues member. poland rep. page
~ and ~.
In their final report the commlttc,
thus refers t. those former members
"Some of Mr.. .Ames' contracts to sci
stock were with gentlemen who wer,
then members of the House, but ar,
not members If the present Congress
The committee have sought for an,
taken all the evidence within thei
reach as to these gentlemen. aud re
ported the same to the House. As tn,
House has ceased to have jurisdiction
over them as members. the committe,
have not deemed il their duty to max,
any special finding of facts ~ II such
leaving the House and the country I,
Their rcwn conclusions on the testimony
poland rcr.. pages and J.,
| The irresistible conclusion from thi
record is that Mr.. Allison AMI Mr.
Wilson were regarded l,v the Polan,
committee Ms particeps criminis witt
MIR. Amcs in Credit Mohilicr transac
tions while members of the House il
the Tortieth Congress, and that the
escaped Judgment of condemnation an,
expulsion bv having ceased to i
members ut the time of the investiga
ton.
What profit these Iowa gentleme'
realized from their venture i'll Credi
MoMlier stock is not very material i
the present inquiry. Mr. Wilson in hi
statement to the committee admitted
profit of about Sa,M,o page al1'. Hop
and expectation Of gain was the motiv
that prompted them 10 engage in tn
transaction, While members OF til
House, they hargaincl with Mr. Anne
for the stock ut par. knowing as well a
he did What service was expected froi
them, AMI having every reason to kna,
that the stock wa. worth three tim.
the price for which il was sold to them
Mr., Allison received his allotment ,
stock from MIR. Ames knowing it To h
ne rly full paid from the aecretians an
dividcud> Ia which IL was entitled. MI
Alhsoa paid Oakes Ames S.1l for te
share, nt Credit Mohiler stock, tha
earned in few months five times th
amount he paid for it. ,See the accoun
stated, page .oa. Poland report. n
follows
| Aps,l ~. Tuicu shares Credit Mnhs a,r I'll
Aaer,ca stick, .,,.s .,ss-,..s >t.a
laitre~t on same. .4ss -, #s4....z..
a,e
Iun.l ~ T.ehceA .........,..,. .,s......., ~
s,.s
April II, 4, siirnd al Union racinr
bonds ~ itr cent, Ss,a. AZ -
Ter cent .-........stt.t.,.....s !.
! April - Nv cash ut h,in =, . .......,..... =
June l.. ls III. dcnd received tor his at
count .ts,.@.t..e-s ,s*.....+.. ~
IL.
Mr. Ame> wanted Votes in Congress.
He placed Credit Mohiii.r stock wher,
as he said. 1t would do tn. most good.
When the scandalouS character /,
these transactions in Credit Mohili.
stock hy members of Congress hecln
known. and an investigation hv til