Year: 1873




When such charges appeared In the public pres ney'
supposed Mr Ames contracted with me for corrnt pa
poses or account Of any person but himself. 1Ane
that had no corrupt purpose In contracting witFhh
Ames, and never gave a vote for or against 81
measure in Congress but believed 60 be just an
right snd In short In accordance with my duty
never made or authorized any publication denying
explaining any OF the transactions had done nothn,
that in my judgment, required either apology eS
planation. When the accusation was alde that tn
stock was awarded for votes for the act sf 1854 whci
subordinaed the United States Ien the Pacific Rail
roads that Of the lien Of the Companys bonds, &c.
knew that my answer way in the records Of Congress
which show that was nos member at that time.


had nothina to do with e passage OF the act OF 1864
When the accusation was made that BY the act OF 1885,
the u T.. r. r. was Good done the Company" knew
that the act woh repel the SANDER. Imake II part o
my testimony supported It, After 10 years CT service
IN Congress- leave II with no more property than en-
,ered it, save what legitimAtely carried during tho
term OF the XX&ViiIh Congress, when I not
member.


PROVISIONS oP rHE' STATUTE.


Ihave inquired Of one Of tho members OF s1e Commit
tee whether there Is in the room copy of the statute
referred TO- for desire tha, it may be into
my testimony and to stand upon IL before the people OF


TIE country desire that t may be Incorporated for
the purpose OF repeIlng the malicious ISLANDERS OF a
lcentios press The act in question, think il to be
found in the 10th Statute ot Large pa4e &C. may say
now in general that the statute provides for the sontn
uec organization Of these companies and having pro-
vided expressly tberizht of the United states
against default


II provides rha Che Prese t OF the United states or
a proper officer shan hold bonds TO sufficient amognt
TO secure to the United States the full performance OF all
the contract stpuatons by BotA Of these companies
1t further provides that reqution shall be made for
sufficient amount OF bonds upon the companies for that
security and chat tue Attorney General shall take the
necessary steps to enforce it, t farther provides that
inquiry shall be made by the Attorney General whether
either OF these companies has forfeited its charter and
that he shall asso make inquiry whether these compa-
MES have issued fraudulent dividends something to
that effect upon their stock and also whether they have
fallen within the penal provisions ,f the act.


believe that have stated al that occurs 10 me
which 1t s possible 10 state to put the COMMITTEES pos
session OF the whole matter touching this business
am however, read! TO any questions they may
please to put TO me ought to state, before going
further that In what said upon the impulse Of 5he
ment in characterzing the press did not intend to al
lude TO the whole press Of the country and perhaps
very of the press OF the country would within
the designation but when any Of the press ot the
country undertake TO fix the price paidt brbe
for my Congress election at $1,000 II Is manifest fact
that they either utterly destitute Of dest
tute Of character. There s no truth in It at ALL and
nothing that looks like truth.


CROSS EXAMINATION.


BY the charman-Tn Jour statement, yvu say about
the Of February 1863 you agreed to invest 5000 and
that you paid Mr.. Ames 1900; that he gave you writ
ten agreement TO account you for all the dividends
and profits of 20 shares OF the G. NJ stock have you
that agreements Ne, Sir; tho agreement was in the
nature of continued contract which the payments
from time time Ddorsed; when it settled
was returned to him. and be tore 1t up have copy
off it was exactly what have stated


@. You have stated in your manuscript all you
state in regard TO the stock A. have; and have not
a particle OF doubt that have stated substantially tue
legal effect OF that agreement Just as it was.


O. Did you understand from Mr.. Ames at that time
whether there already declared dividends upon the
stock A. understood nothing from Mr.. Ames in re-
gard to II, except what necessarily implied from
tho statement incorporated in the agreement, 20 which
have referred in my written statement he was to
account for the value OF whatever received in bonds
in U. p. r. X stock, or whatever it was


O. Do you know whether there had been, prior te
this agreement, dividends declared upon the Credit Mo
bier stock and the stock bonds OF the Union Pa
oidc Railroad Companyi A. LIDO not except what you
might infer from the transaction have recollection
OF It; had entire confidence in Mr. Amess statement
that the investment would return large dividends and
have stated that immediately after the contract was
tered into he had given dividend bonds which repre-
~
and he required pay back OOS ought to say fur
her that what been stated i'll the papers Of this
stock being worth 300 per cent premium IL statement
that by my experience and settlement. Is without
any general foundation in truthL anybody who VIII
take the trouble to compute the paid Mr. Ames
from the first transaction hads6th him. and compute
the amount received will that received very little


more than return OF the actual money yentnred, with
10 per cent interest do not pretend however to take
firm Il
further notice that tho statement have heard Of
100 3Oo and 400-and think at time i0D-per cent
premium u not In accordance with my experience or
agine, with the experience of anybody.


O. la the settlement you made with Mr. Ames did he
take back the mining stock which you purchased OF him
A. own the certificate for that yet but there IS nothing
OF any value to own.


O. You own I'LL In that Investment that anybody owns,
do you not a. own all in that investment anybody
owns itis Of any service tony friend Ames he Il well
come to il IL is not worth farthing and never was


O. When you made this settlement, was there any
reckoning in any way about the mining STOCK "A
Nothing in the world there nothing in 1t of account


O. You did not include the money you had paid forit
A. Certainly not; do not 70 be UNDERSTOOD that
these two contracts had anything to do with each
other


The EXACT AMOUNT MADE.


O How much did you actually receive ron hr Anes
on your settlement. at any time out OF the $1,000 you
paid hint A have stated exactly the amount OF pront
on the entire transaction il n $50 Ia think on the
Credit Mobilier stock have stated that received
in all about $500


% For the Union Pacific Railroad stock Mr. Ames kept
the stock and paid you for it A Certainly; he was
bound to to for the past contract he entered
it upon the face OF the Mt one time he TOOK
M that agreement on account Of its nterneations re-
wrote it, put upon the new one the amount slready IN
dorsed and took up the old one.


O. We have learned from the books and papers which
are here that at time there money dividend de-
ciared upon this stock that paid toyouf A nave
said distinctly in my statement TO the Commttee that
he accounted for every dividend there was the
dividends In money Union Pacific Railway stock aud
bonds; the money dividends were reported to me anc
ndorsed by Dir. Anes the contract held by me- ths
stock dvidends were also charged the face OF VIC