Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1884-10-13
BLAINE DID NOT LIE.
Statement of lieutenant Governor Ames,
of Massachusetts,.

by Telegraph
NEW YORK, October 1lth.-A special from
Boston, dated the 10th, says: Lieutenant-Gov-
ernor Ames this afternoon said to reporter III
ter: In the fall of 1850 ]. Henry Brooks, of
Boston, wanted to subscribe to the Hope Furnace
Syndicate for block of $4,000. He brought
with him q statement of Hunt the geologiSt,
showing that the lands were full of minerals,
coal and iron. Blaines name was down for
block of SIS 600. / talked the matter over with
Fred. A. Cakes, and We agreed as a matter of
friendship for Brooks to take the block, although
we did not care for it. The interest was to start
November LIST, and when paid in SIS, 900 had
to pay some interest Now, Blaine was exactly
in the same situation as myself His name was
down for a whole block OF $4,000, and so was
mine, but, as | say, only took one-third of it,
Just as Blaine took half. The whole subscription
was not taken up and don't think it was ever
taken up. In 1881 Brooks came TO me with
great scheme for consolidating this Hope Fur
mace tract with lot of furnaces, and calling it
| the Standard Coal and Iron Company. Wen, that
consolidation did not 90 through. In the fall of
| lSs2, he offered me fifty bonds of the Standard
Coal and Iron Company in lieu of my subscrip-
! ton, and said that all the others had taken
| them so consented to take them. That IS just
where Blaine stood, exactly. Now, you can see
there was no time at which the Hope Furnace
| Tract Association owned land. We paid i'll
money and took the receipt of Denison. A syn
dictate never made up. Consequently, as
| every business man viii understand, we never
owned anything except the receipts for our
money. SO that when 5Ir. Blaine says he never
| owned any lands in the Hooking valley, he tells
| the exact truth. Some tine in 1852, Brooks de-
| livercd to me s. in bonds for every dollar had
| handled They were bonds of the Standard
| Coal and Iron Company, and these bonds proved
worthless: so that all Blaine has 10 show for his
money in this transaction is a lot of worthless
| bonds. These bonds purported to be first mort
gage bonds on the property, and it afterwards
| appeared there were prior mortgages that never
| were cancelled, so that these bonds delivered
| 10 not really first mortgage bonds at all.
| | could not borrow SO a bond on them
as collateral. 1t is perfectly certain Blaine
never owned an acre OF land in Hooking Valley,
| by virtue of his ownership of these bonds. In
| short, it was another instance in which Blaine
| was like the man who journeyed from Jerusg-
| lem to Jericho and fell among thieves and got
stripped" In regard 10 the statement that
| Blaine owned Union Pacific stock, Ames said :
/ u say, without hesitancy, that in that matter
| also Blaine told the exact truth when he said
| be did not own any Union Pacific Railroad
| stock The fact that he owned six Union Pacific
| bonds gave him no interest in the Union Pacific
| Railroad Company. He simply held the note of
| the road secured by mortgage. Blaine did not
| lie in either of these instances He said that
| his own actual interest was only Sl2500. and
that was so. He said he never owned any coal
| or iron lands in Hooking Valley, or any stock in
coal or iron company, and that was exactly
| so, too. He said he never owned any Union
| Pacific Railroad stock. and he never did That
| was absolutely true, also Blaine has not lied.
| The fact is that men who say that Blaine lies
are lying themselves aud | fear that most of
| them are doing it willfully."