New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-10-11
MR. .iliES on THE HOCKING TiLLEi VAT
TER.

MS owN CONNECTION wiru II siniL'n Z" Mr.
ULAINE's-MlN VINO AIR WlItriIN NiNd.
~ TrLrGR,rn To TmR rGiWuNH.l
BOsION. Oct. lO,-Loutcnant- Cove cinor AncH This
afternoon said to " Traveller reporter, in relation
10 the Hooking Valley mining land matter, ON which
the Democratic papers have been harPing: " In the
fall Of 1850 j. Henry Brook, of wanted me to
subscribe to the Hope Furnace Syndicate for block of
S25 000 lie brought with him statement of Nr.
Hunt. the gcologst, showing that the lands were full
of minerals coal and iron Mr. Blaines name was
down for u block of $4,000. talked the matter over
with Fred A Oakcs. and we agreed, a. IA matter of
friendship for Brooks to take block although we did
no; care ior it, Tie interest to start November
l. AID when | paid in The $4,000 had to pay some
interest Now Mr. Blaine was IN exactly the same
situation as myself. HIS name was down for whole
block of S25OOO and 50 mine: hut, aS say,
only took third OF it, Just "a Mr. Blaine only took Il
half of it, The whole subscription was not taken up
and don't think IT was taken up. In 1881 Mr.
Brooks To with great scheme for consoiIdat
ing this Hope Furnace tract with lot o furnaces and
calling it the Standard Coal and Iron Company. Well
that consolidation did not go through. In the iall o
1889 he offered me fifty bonds Of the Standard Coal
aud Iron Company in lieu Of my subscription. and said
that all the others had taken them ~ consented to
take them That is just where Mr. Blaine stood. ex
actlv Now you see that there was no time NJ
which the Hope Furnace Tract Association owned land
We paid in money and took receipt of Denison. Ihe
syndicate never made up; consequently. as every
business man VIII under stand, We never owned any
thin except the Iccci'ts for money. ~ that,
when Mr.. Blaine says dat he never owned any lands
in the Hooking Valley. Ne tells the CXac truth.
Some time in $3.50 Mr. Brooks delivered to me -
in bonds for every dollar had handled. They were
bonds of the Standard Coal and Iron Company. and
III se bonds proved tO be worthless. so that all MI
Blaine hos TO show for his money IN this enterprise
is lot of worthless bonds hcsC bonds purportc1 10
be first mortgage bonds the property and II after
wards appeared there were prior mortgages that
never cancelled so that these bonds delivered o
us were not really first mortgage bonds nt all could
not borrow $40 u bond on them collateral. II Is
perfectly certain hft Mr. Bainc never owned IN gcrc
If land in the Hooking Valley. anS interest ~ any
iron aud coal company hv virtue ui his ownership of
these bonds. IN short II another instance in when
Mr. Blaine was like the innn who i0nincvcd FROM
Jerusalem unto Jericho. and l,ll among thieves. and
got stiirrcd.
~ itgaid ~ The statement that M lllninc uvhcd
Union lnrinr stock vi. Amts said a. snf. without
hrstniinn that ~ tlni matter also Nj Hlhnr tui
tho ,Anri iiuii when be- said that hc did moi ovn any
Union ia,ihr ihilinhd surh The inri thui be- nNhri
sit Union rnoinr bonds ghtr him 10 interest ~ Tho
t'ninn iarinr inilinnd iumpani. ilr simpiy held
- noio 0i the road secured hN Hufieagr Nj, lilniho
did hni lie Ia either ui lhraf Instances, lie said that
hir avn artHai interest NHs miN fiH,nuui nhd hhl
lie .aid that hr never owned any riil of non
lands in the looking Valley nr any siurk ~ coal nr
iron company, and that Was exactly ~ ton ir hai
that he never owned any Union Pacific Iinilruad siock
ana he never did that was absolutely iuc also Mr.
Blaine has moi he'd. The tact IL that ilc m'n " ho say
that Mr Blaine lies are lying thomsrlvcs aud Tear
that of them are doing II wliuliy.'