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About The standard and express. (Cartersville, Ga.) 1871-1875 | View Entire Issue (Sept. 25, 1873)
THE STANDARD AND EXPRESS S. H. SMITH & CO., Proprietors. STANDARD AND EXPRESS PUBLISHED ill i: li S1) AY MORNING. SUBSCRIPTION : TWO DOLLARS PER ANNUM. RATES OF ADVERTISING : C H ' i-5 s ; H ! ® h c g ■ s tr o FT S' * asj ] t 3 ” 3, k 5- I' i | j I? 11 ; iff i s* a •j t 5T * a “ j : i ‘ S’. ' 1 | 1 IV) I 1 *' |2 00 $2 50 $5 00 | 8 (X) $ 12 «W 2 200 300 400 500 10(h) 12 00 1H 00 3 IKK) 450 5 50i 675 14 00 16 (K) 24 00 4 : 400 575 700 850 17 00 20 00 30 00 5 500 700 850 10 00 19 00 23 00 30 00 6 600 825 10 00 11 50 20 50' 26 00 42 00 7 650 050 11 5(1. 13 00 22 00 29 00; 47 00 6 7 (Ml 10 50 12 75 14 50 23 50 32 00 52 00 10 HOO 12 25 15 25 17 50 25 50 37 00 64 00 12 9 00. 13 25 16 50 19 25 29 00! 41 00 75 00 15 10 50 15 25 17 25 21 00 34 (H) 47 00 90 00 181 12 00 16 75 18 00 22 <H) 38 00] 53 00 105 00 20 13 (X) 17 25 18 50 22 50 40 00; 57 00 115 00 22 14 (X) 17 75 19 00 23 00 42 00! 61 00. 125 (X) 24. 15 00 18 25 20 00 24 00 44 OOi 65 00; 135 00 SPEECH OF HON. ALLEN (J. THURMAN, DELIVERED AT VVAVERLY, OHIO, September 2, 1873. Mr. Chairman, and fellow- Citizens: It gives me more than ordinary satisfaction to stand once more in the presence of an audience of Pike County. Jn this county I made the tirst political speech of my life. Here I commenced the some what memorable campaign of 1867, and I have come again to begin my labors in what 1 hope and trust and believe a more memorable campaign than that. Fellow-citizens, your State Con vention ofthe*6th of August declared in the first section of its platform that the Democratic party seeks to revive no dead issues. That is true, it in the same resolution declared that it stands by its principles, which are suited to all times and circum stances. And that is true. Issues have been made upon measures and have been decided, and those are dead issues. But there are certain principles that are eternal. Meas ures and men may die, hut princi ples last forever. And just so far as the Democratic principles are of that eternal character; just so far as they are applicable in all times and under all circumstances; just so far as they are the foundation of free institutions, just so far will they forever endure and forever command the affection of those who belong to that great party. But (lead issues are another thing. We don’t seek to revive them, and therefore of them I shall have nothing to-day to say. That same Convention declared in its fifth resolution that the greatest danger to free institutions is the wide-spreading corruption that threatens the utter destruction of public virtue. I believe that declar ation to be strictly and philosophic ally true; and, therefore, the chief theme of my remarks to-day will be that very corruption you have heard no doubt a great deal about. You have heard the people speak about the Credit Mobilier frauds, of salary grabbers, and of various other frauds or wickedness that have been com mitted. But yet, I venture to say, that not one out of one hundred in this audience has even a faint con ception of the extent of the corrup tion that has prevailed in ttie Gov ernment of the United States, and, I am sorry to say, beyond the Gov ernment ol the United States, with in the last ten years. And, for the purpose of showing, gentlemen, that this is not the mere clamor of dema gogues, and that there is real danger tu your institutions, a danger that menaces them with destruction it self, unless its people apply the prop er remedy, 1 shall speak, perhaps, at an inconvenient length of some of the most noted villainies. I say a dan ger that menaces even free institu tions with corruption, for no mat ter how beautiful may be the frame work of the Governihent, no matter how solid and just the principles on which it is founded, no matter how it may bear the test of strictest scru tiny in either one of its constitution al provisions, if you allow corruption to enter and inhabit it, it will be in vain for you to point to its duty; it will be in vain for you to speak of its principles, for the whole struction will totter and fall to the ground ; or, if it do not, it will be perverted into an instrumentality of tyranny, oppression, rapacity and plunder that is scarcely paralelled or can be by even the worst form of govern ment known to mankind. It is pre cisely this corruption, this insidious and subtile poison in the body politic that, to the reflective man, to every one well versed in the history of the world, presents the greatest danger that now exists to the American in stitutions. As long as the Govern ment was in the hands of pure, up right men ; as long as the Govern ment was in the hands of those who founded, and those who obeyed and followed their example, then we might justly boast that we had the most economical and purest Govern ment on this globe. Then we could proudly contrast the economy and frugality of our Government to those of any Government in the old world ; but that contrast (and I blush to say it-) is now wholly to our disadvant age, so much so that every sensible person who thinks of it ~ now sees that the great and vital question for the American people is, “Can we pre serve our free institutions by once more maintaining public virtue, or shall our public places become mere places of rottenness? Shall public trust be turned into private adven ture? And, again, shall the public duties of Members of Congress and other officers be all the time, or near ly all the time, simply exercised for their own profit, or for the profit of all the rings who they represent?” THE CREDIT MOBILIER FRAUDS. I say that is the question. And now that there is some reason for discussing that question at this time, let me first refer to what are called the Credit Mobilier frauds. You will excuse me if I pronounce those words as French words, for they are French words, and I have been a muspd at the pronunciation I have heard of them. Old Oakes Ames called it the Credit Mobi -liar. Now, gentlemen, in order to un derstand the subject of the Credit Mobilier frauds it is necessary lor me to go back to the charter ot the Union Pacific Railroad, because the Credit Mobilier and the Union Pa- cific Railroad were one and the same thing. Although they were two corporations, the stockholders in one were the stockholders in the other, and the men who managed the one were the men who managed the oth er, and the Credit Mobilier was noth ing in the'world but an agency or instrumentality in the hands of a a certain ring in the Union Pacific Railroad Company in a manner I shall presently make apparent to you. The Union Pacific Railroad j Company was chartered in July, 1862, by the Congress of the United I States to construct a road from the Missouri River to a point in Utah, where it was to meet with the Cen tral Pacific Railroad, to be construct ed by a company chartered by the State of California. 1 say from the | Missouri, for, although in one section of the charter »t speaks of beginning at the one-hundreth meridian west ; of Greenwich, another section makes 1 it actually commence at the western boundary of lowa, opposite the city of Omaha. | THE AID EXTENDED BY CONGRESS TO THE UNION PACIFIC. What were the privileges granted by Congress to aid that Company in constructing that road? Let me briefly call your attention to them, and note, as J do, how enormous these privileges, how valuable the subsidies, provided by that act by Congress. In the first place it pro vided that the Company should have a right of way over all the public lands four hundred feet wide; that it should have all necessary grounds for station buildings, workshops and depots, machine-shops, switches, Side-tracks, turn-tables and water stations. All that was given by the Government, it further provided that it was to take from the Govern ment lands all materials it could find to aid the construction of the road. Then it was further provided that there should be given to it ten sec tions per mile for the entire length of the road, and also for tiie length of each of its branches. That made 6,400 acres of land per mile. Then it was further provided by the fifth section of the charter, that the Gov ernment would lend to it for every mile constructed 816,000 six per cent. Government bonds, payable thirty years after date, the Company to pay them at maturity. Without going into a detail of their privileges, you will discover that the Government gives it, first, the ground on which the road is to be made, 400 feet wide; it gives it next all the land necessary for the buildings that are appurte nant to a railroad ; next, 0,400 arcres of land per mile in addition, and then loans it $16,000 in the bonds of the Government for thirty years, the bonds to be paid by the Compa ny at the end of thirty years. Well, gentlemen, there was a mighty subsidy, such as was never before given by the Government to a road, or any thing like it; and the Company professed to be satisfied with it, and to be able to build the road with the aid thus offered by the Government. That was in July, 1862. What then took place ? Those who projected the road set about get ting subscriptions. In October, 1863, the Company was organized. it was organized by the election of a Board of Directors, who elected John A. Dix, President, and Thomas C. Durand, Vice-President and General Agent and Manager of the Company. I shall have occasion again to call your attention as to who these gen tlemen were. Suffice it to say that General Dix, now the Governor of the State of New York, was made President of that road for the pur pose of giving the Company the in fluence of his great name, and that Thomas C. Durand was made the Vice-President and Acting Manager and General Agent, in other words, the sole controller of that enterprise, for certain reasons that will present ly appear. Now, gentlemen, you would sup pose that when the Company organ ized under that charter, and after over two millions of stock had been taken and it was thereby under obli gations to perform the duties requir ed by t lie charter, it would go on and build the road. If it was not content with the privlegesof thechar ter, if they were not sufficiently lib eral to authorize it to engage in the undertaking, then it aught not to have asked any man to take stock in the Company. But it had gone on selling stock and getting subscrip tions, provided all the men who would subscribe were of the right stripe. But did that Company in tend to build the road under the charter of 1862? No, gentlemen, not by a good ways, provided they could, by some means or other, ac quire other privileges more advan tageous to themselves ; and so, with out doing one thing, although their charter was granted in 1862, and they organized in 1863, without building one mile of railroad, that Company set about procuring a very different charter from that under which they organized. Its Board of Directors held a meeting in April, 1864, and passed a resolution appointing a Committee to go to Washington to procure additional legislation, and providing that the proper expesnes should be paid by the Company. We will see presently what kind of expenses they considered proper. That was in April, 1864. That Com mittee went to Washington with Thomas C. Durand at its head. And now, what did it do? It procured what was called an amendment to that charter, the amendment of July, 1864. What was that amendment? In the first place the land subsidy to the road was doubled. Instead of giving 6,400 acres of land to the mile, that amendment gave 12,800 acres of land to the mile. In the second place, instead of loaning 816,000 for a part of the way, $32,000 for another part, and $48,000 for another part. But, gentlemen, we have not still got to the greatest alterations that were made. By the original charter the Goverment was to have a lien on the road and all its property, to se cure the payment of the bonds the Goverment promised to lend it. The Company had no power, under its original charter, to give any mort gage at all, but by this amendment of 1864 the Compnay was authorized to issue bonds equal to the amount of the Goverment bonds, and to post pone the lien of the Goverment bonds to the lien of the bonds issued by the Company, making the first mort gage bonds of the Company the tirst lien on the road, and extending the lien which the Government held ac cording to the charter of 1862, and postponing it. That was the greatest change of all. Although the land subsidy had been doubled, and al though the bond subsidy was greatly enlarged, still the worst of all the mischief was that which postponed the lien of the Goverment for its bonds to the lien of the mortgage ex ecuted by the Company, as you will see before I get through. Now, gentlemen, how much land was granted by the charter as a mended in 1864? It was very nearly one-half as much land as there is in the State of Ohio. By the original charter nearly one-fourth as much laud as there is in this State was giv en to the Company, and by this a mendment nearly as much as one fourth of the land in this State was added to the original grant. In ad | dition to this, many millions of I bonds were added to the original pro | mise of bonds contained in the char ; ter of 1862, arid then the government ; lien on the road which was to secure it against the loss of its bonds was postponed. Now, gentlemen, how in the world was it that so great a change as that i took place in the charter of the road? The same men were in Congress sub stantially in 1864 as in 1861. They were the same men who pro posed to build that road in 1864 that they were in 1862. How comes it such a wonderful change came over the mind of Congress that it should almost double the subsidies and al most double the privileges in the short space of two years? What be came of the representations that the charter of 1862 was liable enough? and why was it that the same men in 1862 were offering these bonds in the market? We have a little light on that subject. Jam sorry I have to call your attention to it. 1 am sorry that such a page is written in American history; but I can not help it; it is here, and the people ought to know it. And, gentlemen, I will say in passing that there is not one fact that I shall aver in this speech to-day that I do not stand here with the public documents to prove. I told you that a committee was appointed by the Union Pacific Railroad Company to get additional legislation, and this additional legis tiun turns out to be this act of 1861. Now, I want to ask once more how that additional legislation was procured ? Let us see; I read from the report of the House of Represen tatives. made at the last session, this paragraph. I have not time to read the evidence upon which I was founded, but I read the unanimous finding of the Committee that repor ted it; Four hundred and thirty five thousand seven hundred and fif ty-four dollars and twenty-one cents, designated as the suspense account, that is, in the books of the Union Pa cific Railroad Company, and allowed to T. C. Durand, Vice-President of the Company which appears to have been disbursed in connection with the passage of the amendatory act of July, 1864. Os the particularities of the disbursement the Committee say they have been unable to obtain a satisfactory account. Think of it — $435,060 ot money spent to procure this amendment of 1864! How is it spent? Wliy, the testimony in tiiis book shows that Durand would not tell his own Directors iiow it was spent, but that when the Committee was appointed to inquire how the money was spent he told them it was a secret matter that he could re veal to no one at all; but lie did tell it to stockholder Joim B. Alley, of Massachusetts, and who, by the way, was a member of Congress himself; that the bulk of it was spent down here in Washington, and a large part of it went to purchase the votes of the members ot Congress; and lie told John B. Alley that no less than $80,0(10 went into the pockets of Thad .Stevens, the Republican leader of the House of Representatives. Now Alley says he did not believe Durand when he made that state ment, and Durand has the audacity to go and testify that no part of the money went into the hands of the members of Congress, and yet, gen tlemen, his testimony was so fla grantly false that that Committee unanimously found that the money was used to procure the amendment of 1864. Nay, more, Durand admits that he put into the hands of one Jo seph B. Stewart and a man named Hay between $200,000 and $300,000. He had them there working for the amendment, and the very amend ment which postpones the lien of the Government, and which will, make the Government lose the bonds and the interest upon them before the thing is done. Stewart swears that it was retained by himself. Now, what was done with that money put into the hands of Stewart, a notorious lobbyist about the hails of Congress; a man whose business it is to make his living by getting schemes through Congress by any means whatsoever, fair or foul? Stewart was asked to testify what became of that money, and he straightened himself up and said be cause he had a license to practice as an attorney, that these persons were his clients, and therefore he would not tell them one word about it, and the Committee did not get one word out of him. But there is the plain pointing of that Committee that $435,000 of their money was used by that United Pacific Company to get the amendment of 1864 to its char ter. Well, gentlemen, it got the amend ment. You see that this little matter attracted the attention of the public so much as to cause an investigation. But the Credit Mobilier placed by Oakes Ames is a mere drop in the bucket. Here is a great deal more than his iittle Credit Mobilier stock. But the Company lpid got its amend ment. It got it in the shape it want ed it. It got the Government bonds postponed. Then it was prepared to go on with the scheme which was al ready in the heads of the nanagers of the institution, and that scheme was to get every dollar’s worth of the property of that corporation, all the lands granted by the Government, all the bonds, every particle of prop erty that belonged to the corporation, into their hands as individuals and leave the corporation utterly and ab solutely bankrupt, so that in the end it would be sold out on its first mort gage bonds, and the Government would have nothing in the wide world to look to for repayment of the bonds loaned to it. But how was it to do this thing? It could not, ac eordiug to law, let the contracts for tlie construction of the road to the Board of Directors themselves. No Court in the world would sustain a contract made by the Directors of a Company with themselves for the CARTERSVILLE, GEORGIA, SEPTEMBER 25, 1873. construction of the road. What was necessary to be done for it was by means of fraudulent contracts for the construction of the road, that they in tended to absorb (he means of the Company. It was necessary to get up another corporation, the individu als of which might be the same as those of the railroad company, but the corjKjration, the legal entity of the Company, should be different, and by which, under the name of one corporation, they could contract with the same men under the name of the other. The Directors of the Union Pacific Company, as'such eor ! poration, could contract with those of the Credit Mobilier, only taking l care, however, to contract with it in the name of the Credit Mobilier. So they set to work to get up an other corporation, and they found in the statute books of the State of Penn | sylvania a charter that had been I granted by that State in November, 11859, to a corporation called the Fis j cal Agency. That was a chartered i Company, authorizing it to deal in railroad and other securities, and to loan money to construction compa nies, but not authorizing it to engage in the construction of railroads itself. They discovered that charter on March 3d, 1864. Durand bought this charter of the Pennsylvania Fiscal Agency on the 23th of the same month, procured the Legislature of that State to change the name of the corporation to the Credit Mobilier of America, and to enlarge its powers j so that it could not only lend money j and buy bonds, but could itself actu ally embark in the construction of railroads anywhere in or outside the State of Pennsylvania. It was nam ed the Credit Mobilier—two words which signify active credit. The words belong to the French language, but they have got the cart before the horse, in the order in which the words appear. The words mean Ac tive Credit of America. Having bought this charter, what did they do? They proceeded to or ganize, buying up all the stock from the original stockholders, and so managed the purchases that in the end every dollar of the stock of that Credit Mobilier Company came to be owned by the stockholders of the Union Pacific, so that, as is sworn to here in the mass of testimony in this book, the stockholders of the two Companies were identically the same persons. Having done that, what did they do? Then they proceeded to build the road. They had let tiie contract before that to a man named Hoxie to build a part pf the road. Another part of the road was let to a man named Boemer, and a third con tract to somebody else to build an other part of the road, and before they had got the Credit Mobilier in full operation a large portion of the road, u hundred miles or more, had been built under these contracts.- But die testimony shows that the names of Hoxie and Boemer and the third person were mere blinds; that, in point of fact, the real contractors and real parties in interest were tne stockholders of the Credit Mobilier ; in other words, the stockholders of the Union Pacific Company itseif. But then came tlie time when it was necessary to provide for the con struction of the great body of the road, and for that purpose, on the 16th of August, 1867, they contracted with the celebrated Oakes Ames that he should build the remaining portion of the road at a rate that averaged $90,000 per mile. Some portions were to be built for one price and some for another, but a large portion at $90,000 per mile. Some portions of it were at a rate of over SIOO,OOO per mile. And now mark, they made that contract cover the road al ready built under the Hoxie and Boemer contracts and they gave to Ames, under tills contract, between $2,000,000 and $3,000,000 for building that portion of the road which luui already been built by Hoxie and Boemer and with whicn Oakes Ames had nothing to do in tiie way of building. But why did they do that, and why give Ames from $50,000 to sllO,- 000 per mile for building the road, a price which is conclusively proved by tho testimony was more than double what ought to have been giv en? Why did they do that? Why, because when they gave to Oakes Ames they were giving to them selves. This contract was made with Ames, but immediately afterward lie assigned it to seven Trustees, and , these seven Trustees entered into an agreement that every man who was a stockholder in the Credit Mobilier Company should have a share in that contract in proportion to his stock, provided—what?—provided he would give those Trustees au irrevocable power authorizing them to vote six tenths of the stock in such manner as they might see fit, thereby putting in those Trustees the power to elect and re-elect themselves just so long as that railroad should exist. By that arrangement these seven men became the absolute controlling pow er both of the Union Pacific Railroad Company and the Credit Mobilier, and when, therefore, the Directors of the Union Pacific Railroad Company made this contract with Oakes Ames for the benefit of the stockholders of the Credit Mobilier, which was the same as to say for their own benefit, agreeing to give themselves twice the amount which they ought to have given for the construction of that work, when they did that they were simply absorbing the whole means of tiie Company and putting them into their individual pockets. What was the object of doing that? It was to leave the Government without the slightest property on the face of the earth for tiie payment of the bonds loaned to that Company. That was the object of it, Let us see how it was. Let us see what the profits were. Now I read from the report again. The total cost of building tout road, as found by this Committee, was $50,720,958 94. The amount paid to the Credit Mobilier for building it was $93,546,- 287 28, making the profit $42,825,328 34, to which should be added the a mount paid the Credit Mobilier on •account of fifty-eight miles built un der the Hoxie and Boemer contracts, * making the total profit $43,725,828 34. I Now, mark you, they took the prop ! erty of that Company, ninety udd J millions of dollars, that cost the Com j pany but fifty millions of dollars. — Mam it, that the road, although here was a contract for making it, the road I was actually made by the Company itself, and therefore there ought to have been no profit at all. There was no contractors’ profit about it at all, properly speaking. The road was actually built iiy the Company itself at a cost of #50,000,000 in round numbers, and yet they took $94,000,- 000 and divided it among themselves. If it cost the Company but $50,000,- 000, why did they do that? Why, as I said before, simply to leave the Government without one cent of property for the re-pay men t of the bonds it loaned them/ How much did the Government loan them? The precise amount is $27,236,512—a1l the bonds of the Government to be paid by taxes drawn from you and your children and your children’s children. If they had reserved $13,000,000 prof its, if they were where they ought to be, in the treasury of that Company, don’t you see that the Government would have an ample security for the payment of the loan of $27^000,000; but bv taking this whole property and dividing it among themselves, and leaving the railroad company, as the report finds it is, hopelessly bankrupt, they have left the Govern ment without the money for meet ing the loan, and without one single dollar’s worth of security. And eve ry man knows what is to be the up shot of this business. The road will be sold out under the first mortgage, which this act of 1864 made the first lien on the road; and, according to all experience, it won’t pay off all that mortgage, and thus the whole thing will be gone and the Govern ment will not have one cent repay ment of these #27,000,000 of bonds and interest. The Government has been corrq>elled to pay interest upon them already. What is that interest which the Government has been compelled to pay and which is due by the Company, and the amount which it will be compelled to pay before the bonds mature? The Gov ernment has already paid over $5,400,- 000 interest on these bonds, making the debt now due the Government $33,000,000, and the simplest calcula tion you can make will show that by the time the bonds mature, this Gov ernment, when it shall have paid the bonds and the accruing interest, will have paid out of the Treasury of the United Staes more than $50,000,000, not one cent of which will ever be recovered, and the reason why it won’t recover it is that these men have fraudulently placed this prop erty out of the hands of the Compa ny, and into their own pockets in or der to defraud the Government.— They had no other to defraud. It was not the public that they had any interest to defraud. They did the whole thing within themselves,— There was nobody they could defraud by this operation but the Govern ment of the United States, that boun tiful, liberal Government, which had given them terms that ought to make them bow down on their knees in gratitude. That Government was the only thing on the globe they could defraud and that Government they set about defrauding before they had made a single mile of road, and that Government they will defraud to the extent of $50,090,000 of taxes of the people. Well, someone will say this is all horrible enough, but why do you speak of this ? What has ’that to do with this present contest? Why, gentlemen, it has every thing to do with it. If the Democrats' in Con gress were as deep in the mud as the Republicans were in the mire in these transactions, it would still be right that 1 should bring these matters be fore you, to show you how all- pervad ing is the corruption that threatens the life of the Government. When the members of Congress can be bought by the expenditure of nearly half a million dollars; when a corpo ration can begin to corrupt the Gov ernment by the expenditure of large sums of money; when the people’s lands, to the extent of nearly one half of Ohio, can be filched from them; when bonds can be obtained from the Government by these cor rupt means, it is time the people knew it, whoever may be the guilty parties, whether Republicans or Democrats. But I'say to my Repub lican friends, if there are any of them here, that while I am very far from charging the masses of the Republi cans with sanctioning any such thing as this, yet I regard this measure as a Republican scheme from beginning to end ; that, with one single excep tion, no Democrat was tainted in the whole business; that this whole cor poration of tiie Union Pacific Rail road Company, and this whole cor poration of the Credit Mobilier Com pany, were in the hands ol seven men, every man of whom was a Re publican of the deepest dye. Who was the President of tbe Union Pa cific Railroad Company? I have al ready told you it was General John A. Dix, now the Republican Govern or of the State of New York. Why was he made President? I have al ready told you, to give respectability to the thing, it was that nobody might suspect there was any fraud whatever about the thing. Now, al though Dix was the President, he had very little power. He was a fig ure-head. The man who actually governed the thing was Thomas C. Durand, a man who was so strongly Republican that he gave n.o less than SIO,OOO to the State of lowa to help elect Secretary James Harlan to the Senate of the United States. There is another very bad specimen of the use of money. Wliat is this man, tire Vice-Presi dent of the Union Pacific Railrod, buying charters and amendments to charters through Congress and giving SIO,OOO to help buy a seat in the Sen ate for one of his friends ? He was the greiß man until Oakes Ames came in. But two kettle of fish can not get along very well in the same puddle, and after awhile they suc ceeded in ousting Durand, and from that time the thing was in the con trol of these seven Trustees of whom | I have spoken. But it was necessary |to get rid of Dix. They were a little afraid of trusting the General. The General hud come to own $50,000 of stock in the Union Pacific Railroad Company. As they were absorbing the whole property of the Company in the Credit Mobilier, they had run down that stock until it was worth but 30 cents on the dollar. It did not matter what the stock of the Union Pacific Company was worth; they were absorbing every thing them selves in the name of the Credit Mo bilier. But what did they do? Af ter that stock got down so that Gen eral Dix’s stock was worth only $15,- OuO they gave him $50,000 cash for it and got him to clear out. They did not want him any more. Then Oakes Ames and his force took possession. ! Now, let us see who some of the men engaged in tins thing were, ali this while in using this Company, laying tiie deep-laid schemes to de- fraud the Government out of these $50,000,000. I have here a list of the Credit Mobilier, and I want to call your attention to some of the names on that list. Now, gentlemen, if there were any set of men in these United States who were more bound than any others to prevent such fraud certainly these men were the mem bers of Congress, because they bad it in their power to apply the remedy. They had it in their power to stop this thing. Congress had the power to take away their charter. It had the power to pass an act that no more bonds should be issued, and if they were issued it could take away the charter. It could amend or alter the charter as it pleased, and it was the duty of Congress to do it, too. Now what were the facts of the ease? Why, the facts of this case are that in the Credit Mobilier we find the name of John B. Alley, a Member of Congress from Massachu setts. He was one of the leading minds of the Union Pacific and the Credit Mobilier Companies soon af ter the organization. We find the name of Samuel Hooper, a citizen of Boston, one of the wealthiest mem bers there. We find the name of Oakes Ames, of whom it is not nec essary for me to give an account, an other Member of Congress from Massachusetts. We find the name of Janies W. Grimes, a Senator of the United States from the State of lowa. Why, at the very time these frauds were planned, at the very time that the means were adopted to put them into execution, there were no less than three members of the House of Representatives and one Senator who belonged to that Credit Mobilier Company, through whose agency and by whose means this thing was to be done. {Conclusion next week. | POETRY. NOBODY’S MUSE/ [Long before the war the following simple but charming verses appeared in a short-lived paper at Little Rook, Arkansas, without sig nature or address. As they have a tone and sentiment in keeping with the last of the sum mer months, their revival at this time is at least seasonable ; and it is possible that their restoiatiou to current print may elicit some tardy sign from the unknown bard who need never have felt ashamed to own hi inset the au thor.] THE OLD CANOE. Where the rocks are gray, and the shore Is steep, And the waters below look dark and deep, \\ here the rugged pine, in its lonely pride, Leans gloomily over the murky tide; Where the reeds and rushes are long and rank, And the reeds grow thick on the winding bank: Where tiie shadow is heavy the whole day thro’, There lies at its moorings the Old Canoe. The useless paddles are idly dropped, Like a sea-bird’s wings, that the storm has lopped ; And erossd on the railing, one o’er one, Like tiie folded hands when the work is done; \\ bile busily back and forth between The spider stretches his silver screen, And the solemn owl with his dull too-hoo,” Settles down on the side of the Olu Canoe. The stern, half sunk in the slimy wave, Rots slowly away in'its living grave, And the green moss creeps o’er its dull decay, Hiding its mouldering dust away, Like the hand that plants o’er the tomb a flower, Or tiie ivy that mantles the falling tower ; While many a blossom of loveliest hue, Springs up o’er the stern of the Old Canoe. The currentless waters are dead and still— But the light wind plays with the boat at will, And lazily in and out again It floats the length of the rusty chain, Like the weary march of the hands of time, That meet and part at the noontide chime, And the shore is kissed at each turning anew, By the dripping how of the Old Canoe. Oh, many a time, with a careless hand, 1 have pushed it away from the pebbly strand, And paddle it down where the stream runs quick Where the whirls are wild and the eddies are thick, And laughed as I leaned o’er the rocking side, And looked below in the broken tide, To see that the faces and boats were two, That were mirrored back from the Old Canoe. But now, as I lean o’er the crumbling side, And look below in the sluggish tide, The face that I see there is graver grown, And the laugh that I hear lias a soberer toue, And the hands that lent to the light skiff wings Have grown familiar with sterner things, But I love to think of the hours that sped As 1 rock’d where the whirls their white spray shed Ere the .blossom waved, or the green grass grew, O’er the mouldering stern of the Old Canoe. PRIZE SONG OF THE PATRONS OF HUSBANDRY. BY MRS. M. F. TUCKER. [The prize of $25 offered by the National Grange Patrons of Husbandry for a song adopted to the use of that Order, has been a warded to Mrs. Tucker, for the following, w hich it is announced, will be set to music soon. The Secretary, in making the anouuc ment, says Mrs. T. had able competitors, aud the decision was made iu her favor by Mr. Al (len, editor of Harper’s magazine.— Ex.[ ’Tis ours to guard a sacred trust, We shape a heaven born plan ; The noble purpose wise aud just, To aid our fellow man. From Main to California’s slope, Resounds the reaper’s song: “\V e come to build the nation’s hope, To slay the giant Wrong,” Too long have avarice aud Greed With coffers running o’er Brought sorrow, and distress, and need, To Labor’s humble door. From Main to Celiforuia’s slope, Resounds the reaper’s song: “We come to build the nation’s hope, To slay the giant Wrong.” A royal road to place and power, Have rank and title been ; We herald the auspicious hour, When honest Worth may win. Erom Maine to California’s slope, Resounds the reaper’s song ; “We come, to build the nation’s hope, To slay the giant Wrong.” Let every heart and hand uuite In the benignant plan, The noble purpose, just and right, To aid our fellow man. From Maine to California’s slope, Resounds the reaper’s song : “We come, to build tlieuatiou’s hope, To slay the giant Wrong.” Omro, Winnebago Cos., Wis. DEIi BABY- So help me gracious, every day I laugh me wild to saw der vay My small youg baby drie to play— Dot funny little baby, yiien I look of dhem leetle toes, Und saw dot tunny leetle nose, Uud hear de vay dot rooster crows, I shuffle like I vas crazy. Und when I heard de real nice vay Dhem beoplcs to my wile dhey say, “More like his fodder every day,” I was so proud like blaze3. He bulls my nose and kick my hair, And rolls me over everywhere, Und slobbers me—hut vat I care 1 Dot vas my »m.ill young baby. Around my head dot leetle arm Vas squeezing me so uivo and varm, Oh ! may dhere never come some harm To dot shrnail leetle baby. SPECIAL NOTICES. Saddles, bridles, blankets, and whips, of the very best quality and sold at the very lowest prices, at the “Gear Shop” of W. C Edwards. ts Harness, gear, saddles, bridles, blankets col lars, <tc., repaired and made almost as good as new, at the “Gear Shop” of W. C. Edwards. ts The best Lemons I have ever seen are at the store of T. B. Shockley. The lovers of good lemonade would do well to call and get some of them before they are ali sold. The best Sugar and Coffee, for every day use, is at the store of T. B. Shockley. Come and try it. A nice barrel of lard on hand, aud selling at 12 cents per pound. Go to the “Gear Shop” of W. C. Edwards if you want to buy gear for one, two, four, or six horse or mule teams. He kuows exactly how to put them up for good service, at low figures. ts T. B. Shockley has in store a flue stock of Shoes: Ladies’, Misses’, Men’s, and Boys’. AU are invited to call in and look at them, and buy for yourself a good shoe. Also a few nice summer Hats, Men’s and Boys’. He can sell you Goods Cheap, because he pays no rent. I will sell a House and Lot very desirably loeat and in the city of Cartersville— l% acres of land. Also, a half interest in a well appointed and prosperous Drug Store. Terms easy. 4-10—ts. W. L. Kirkpatrick. FOR SALE. A 30 horse-power Boiler iu good order. Apply to I. C. Mansfield, 4-10—ts. At Holly Mills. on the 4th of August, 1873, I will open a school for girls’ and also boys under 12 years of age, iu one of the rooms of the building oc cupied by “Mule High School.” Terms mod erate. Patrons will receive the benefit of the Public School fund. Mrs. M. K. Johnston. Cartersvillc, Ga., July 24, 1873.—2 ms W. C. Edwards, the veteran harness-mak er of this city, is still running the harness bu siness at his old stand on the opposite side of Main Street, in front of our office. He makes more harness, finer harness, better harness, and cheaper harness, than any other harness-maker in Northern Georgia. ts Received at T. B. Shockley’s: a few nice pieces of Calico and Dress Goods, and a large lot of Cloth Gaiters, Ladies’ and Misses’Shoes, all of which eau be selected. Come and see how - cheap 1 can sell to you, because I pay no rent. I can live on the rent some of our neighbors are paying, Try me. T. B. Shockley. T. B. Shockley has just received a nice lot of country-cured hams, which are very nice and good. Come and get one and try it. Al so, a good lot of nice flour, from J. M. Veach’s Mill, at Adairsville, made from white wheat. Also, English Baking Powders, a nice thing for every family to use. DISSOLUTION. rriHE firm of Jackson, Remington & Cos. is I this day dissolved by mutual consent. Parties indebted are requested to call and settle at once, or their accounts will tie placed iu the hands of an officer for collection. The business of the firm will, in future be conducted by Messrs. Eaves, Remington A Cos., who succeed us, and for whom we solicit the patronage heretofore accorded to us. June 21st, 1873. 2ms DISSOLUTION? HE Copartnership existing between Jaek . son & Clayton is this day dissolved by mu tual consent. The business of the firm is now being wound up by Mr. Z. W. Jackson, in whose hands the books and accounts may be found. All parties indebted will please call and settle their ac counts without delay, as the books must be closed in a few days. Mr. J. W. Clayton will continue the building and contracting business in all its grades. Aug. 14, 1873.-3nt Z. YV. JACKSON, J. W, CLAYTON. DISSOLUTION. We have this day dissolved the parterner ship existing between us. The business will be carried on as heretofore, by Thomas W. Baxter. Those indebted to us hy notes or accounts are requested to pay the' Same. Any claims against us, please present at once. GILBERT & BAXTER. Cartersville July 29ch, 1873.—3 ms A CABI) TO THE PUBLIC, In retiring from active niisiness on account of feeble state of health. I hsreby desire to tender iny tnanks to my friends w r ho have patronized me in business during the past sev eu years. I take plecsure in recommending my successor, Thos \V. Baxter, s a high ton ed business man, in every way worthy of your confidence. ' Wx. 11. Gilbert. Cartersvillc, July 29th, 1873. SOMETHING NEW ! An elegant Album for 25 cents, holding 24 lull sized cards, bound in full gilt cover and sold at the low price of 25 cents, suitable for the pocket or centre table. Order a sample scut by mail, post paid on receipt of 25 cents.— 3 for 60 cents, or 6 lor sl. Address, BURROW & CO. Baltimore, Md. j8S?“ Agents Wanted. Catalogues of Books, Pictures, Ac., sent free. june 12-tl' NEW SCHEDULE. Cherokee Rail Road. 171 ROM and after this date the following " Schedule will be run on the Cherokee ltaii Vo and : Leave Rockmart at 7:00 A. M “ Germantown, 7:35 “ “ Taylorsville, 8:15 “ “ Stilesboro, 8:40 “ Arrive at Cartersville, 10:20 “ Leave Cartersville 2:00 P. M Stilesboro, 2:45 “ Taylorsville 3:00 “ “ Germantown, 3:45 “ Arrive at Rockmart, 4:15 “ D. W. K. PEACOCK. April 13, 1872. “KENNESAW ROUTE,” —VIA— Western & Atlantic Rail Road And Connections. Schedule in Effect May 25th, 1873. Northward (No. 11.) Leave Atlanta, 6.00 P. M Arrive at Cartersville, - 8.15 P. M Arrive at Kingston, ...8.43 P. M - Arrive at Dalton, 10.30 p. m Northward (No. 3.) Leave Atlanta, 8.30 a. m. Arrive at Cartersville 11.06 a. m. Arrive at Kingston, 11.45 A. M. Arrive at Dalton, 2.01 P. M. Arrive at. Chattanooga, 4.28 P. m. Northward (No. 1.) Leave Atlanta, 10.00 p, m. Arrive at Cartersville, 12.30 a. m. Arrive at Kingston, 1.03 A. M. Arrive at Dalton, 3.00 a. m. Arrive at Chattanooga, 5.00 a. m. Southward (No. 2.) Leave Chattanooga, 3.45 P. M. Arrive at Dalton, 5.35 P. m. Arrive at Kingston, 7.44 P. M. Arrive at Cartersville, 8.16 P. m. Arrive at Atlanta, 10.45 P. m. Southward (No. 4.) Leave Chattanooga, 5.45 A. M Arrive at Dalton, 8.00 A. M Arrive at Kingston 10.12 a. m Arrive at Cartersville, 10.51 a. m Arrive at Atlanta, 1.45 P. M Pullman Palace Cars on Trains Nos. 11 & 2 TO LYNCHBURG AND NFW ORLEANS! IS Pullman Palace Carson Trains Nos. 1. and 2 for Atlanta and Chattanooga! No change New Orleans to Lynchburg—via Montgomery, Atlanta ami Dalton. One change lroin Atlan ta to St. Louis—via Chattanooga. Fifty-two Milks shortkk New York and Eastern Cities than any other route from At lanta. 24 hours quicker to the Virginia Springs than any other line from Atlanta, avoiding an ex pensive delay and transfer at Richmond. Passengers leaving Atlanta by lightning Ex press, at 6 o’clock p. m. arrive in New York at 4.44 p. m. the. Second afternoon thereafter-13 hours 35 minutes earlier than passengers by any other routo. Passengers leaving Atlanta at 10 p. m. by this route arrive in New Y'ork at the same time as passengers who left at 6 o’clock p. in. by op position lines. Parties desiring a whole Car through to the Virginia Springs or to Lynchburg should ad dress the undersigned, Parties contemplating traveling should send for Map. Schedule, Ac. Quick time and Close I Connections is Our Motto. Ask for Tickets via “The Kennesaw Route.” B. W. WRENN, Gen’l Passenger aud Ticket Agent, I Atlanta, Ga. VOLUME 14—NUMBER 40. 'REAL ESTATE AGENCY. WOFFORD &T ffIKLE, Cartersville, fcrtt. SALE. Property Situated in the City of Cartersville: OXE HOI SE AND LOT, on Church street, house contains 3 rooms; lot j* an acre. it ACRES, on corner t ook and t lay ton -t\ M# in quantities to suit purchaser*. 1 ONE ACRE LOT, with small bouse, on I'ouglns and Tennessee Streets. 1' j A N T 11-4 acre, corner Cook and Erwin st’s, extending back to Clay ton street J 1 OXE ACRE LOT, with small house, on m r TeaVue ° " " * A ‘ now occupied by | VACANT LOT adjoining the above. 1 BRICK STORE HOUSE, on west side Pub lic Square, new, with lot, inside to be Uu istied to suit purchaser. 1 HOUSE WITH FOUR ROOMS, and LOT Containing Six Acres, Fine Land, iu Cass viile, Oa. A bargain. ACRE Building LOTS, JL m Hofford and Puckett Survey, east Factor" ,leSSCt: Stre * !t ’ nC,lr Koundr V Car riNHE House aud Ix>t known as the Suniner J. I lace, oil Main st; lot contains three tourtb acre; 5 rooms; 8 lire places; good well a tew hundred yards troui Public Square ’ 1 HOUSE WITH TWO ROOMS, and LOT Containing Three Acres, in Cassville, lin. i ueie is a Blacksmith Shop on this place, and i» a line location tor a blacksmith—large pat ronage could be had. b F Fanning; Lands: riNH E plantation known as tho J. G. Colbert X place on Euharlee Creek in 17th, District of Bartow county, near Stilesboro, .v Cherokee lUil-roadcontaimng64o acres. Could bedivid e<l.,n I t ,° hjree places. This place is iu a tine neighborhood, and healthy. ACRES LANI), One Mile North of ■ VVF Cass Station, mostly timiiered 100 IkTT. g r‘ Ml l*"* 0 0,1 tl,e 1‘ being near the ltailroMd, is a very valuable place for the timber, and as a I aim. Can lie bought cheap. SO iVih V'- 422 I*oo 371. ill the cleared, good well oi watei, smoll improve ments— good Cotton and Grain land. A good home for a small farmer. * ONE FARM, containing ITO acres. 90 acres cleared, balance well timbered, situated >, mile from Cuss Station. There is a good dwelling containing 4 rooms. Good water, healthy location, and good neighborhood. A very desirable place. 40 acres cleared; 3 log houses; good TANARUS; V.T 1 ' i y,old ** * rain > * la sses and cot ton. H cal tin location; good water. There is a large quantity of the best Iron Ore on this place, A f V >J 'TON FARM known as the Dr. UlJ >‘i pla' e, in 17th disk. Bartow county; contains 200 acres; good dwelling, outhouses, gin house, Ac.; also, a good orchard. Land produces gram well. A great bargain to be had in tins place. ACRES Land, known as the John si»u place, near King-ton, Bartow county, Ga.. with good improvement-. There is a Limekiln anil inexhaustable Lime beds on Inn mV' I ’. KO, “ 1 , Sla, ', k ;l "' 1 »••*«'*•* for tenants and laborers. A valuable place, and a rare chance lor an enterprising' man. 211 LAND—I 6S Cleared—ordinary “• “ #V‘ h 1 improvements, 12 miles North of LaiteisviUe, on the wagon road from Pine Log to Cassville, and known us the King & Me Ever 4» ~r* *^S h ru,ls .* fmß'mile through the place. 30 or 40 acres branch bottom, heavily timbered. Good water, healthy location and good neighborhood. C'tONSIKTISG OF 4300 ACRES. 300 RICH j bottom lamt, halt a mile from Fairmount. Gordon county A lino Stock and Grain Farm, the \Y heat made on it u initially will uav 10 uer cent, on the investment. Fine water, healthy location. Ihe place can be divided into three lai ms, w ith comfortable improvements on each, liiis place cannot be excelled. A i I ACRES, 13 miles above Cartersville, -i v" ''niif.-ee road, being a portion oi the .Jas V aughn place; SO acres cleared’ all E?l a 1 y .i, 1 , 111 > J '? v ents; well watered and healthy. Ihe place is situated on thesurveyed (ine oi the iCartersville A Duektown Railroad; is one of the finest stoek farms in the county; t, n \ ell » rail >. gl asses and mV ton. will be sold cheap. 1 fkll LAND in fhc6fh Dis f OO trlctof Bartow county, 10 miles east ot Adairsville, 11 nnles from Carteasville. 90 acres open land; 18 acres bottom; all oi the Ist quality ; balance heavily timbered. Jmpkovkments: New house, unfinished; one double log cabin; j ood log barn, cribs, stables, and stock shelter#. Good spring. This is one ot tile finest grass and grain farms in the coun a‘)d ls i situate ‘ l .l>4 miles from the propose line of the < arterevil e & Duektown Rail Road. A bargain to be had in this place, EXTRAORDINARY OPPORTUNITY FOR A GOOD HOME CHEAP. ~l ACRES LAND, situated on Tennessee JLJF.street, in the city of Cartersville, upon winch is adwelting containingS rooms, reccnt- JV.P amteil and in good condition, and well fin ished, well ot fine water, good, roomy smoke house, splendid barn and stable, carriage house, 2 excellent servant houses, line garden of . acre, and all necessary outbuildings; line young orchard, apples, peaches, pears, Ac.; al so, grapes, raspberries and strawberries—alto gether one ol the most desirable places iu the city and a bargain offered. It Leads Happiness! A Boon to tie Whole Race of Woman! DR. J. BRAD FIELD’S FEMALE REGULATOR! It will bring on the Menses; relieve all pain at the monthly “Period;” cure Rheumatism and Neuralgia of Back and Uterus; Leucor rhajaor “Whites,” and partial Prolapsus Uteri; check excessive flow, and correct all irregular ities peculiar to ladies. It will remove all irritation of Kidney * and Bladder; relieveCoetiveness; purifv the'Biood: give tone and strength to the whole system; clear the skin, imparting a rosy hue to the cheek, and cheerfulness to the inind. It is as sure a cure in all the above diseases as Quinine is in Chills and Fevef. Ladies can cure themselves of all the above diseases without revealing their complaints to any person, which is al way s mortifying to their pride and modestv. It is recommended by the best physicians and the clergy-. LaGrange, Ga., March 23,1870. BIIADFIELD A CO., Atlanta, Ga, —Dear Sirs: I take pleasure in stai ing that I have used for the last twenty years, the medicine vou are now putting up, known as Dr. J. Bradtield's FEMALE REGULATOR, and consider it the best combination ever gotten together for the diseases for which it is recommended. I have been familiar with the prescription both as a practitioner of medicine and in domestic prac tice, and can honestly «ay that I consider it a boon to suffering females, and can but hope that every lady iu our whole land, who may bt t suffering in aiiy way peculiar to their sex, may be able to procure a bottle, thut their sufferings may not only he relieved, but that they may be restored to health and strength. With m>- kindest regards, 1 am respectfully, W. B. FERRELL, M. P Near Marietta. Ga., March 21,1870. MESSRS WM. ROOT A SOX.—Dear Sirs: Some months ago I bought a bottle of BRAD FIELD’S FEMALE REGULATOR from you, and have used it iu my family with the utmost satisfaction, and have recommended it to three other families, and they have found it just what it is recommended. The females who have used your REGULATOR are iu perfect health, and are able to attend to their house hold duties, and wo coruially recommend it to the public. Yours respectfully, Rev. 11. B'. JOHNSON. We could add a thousand other certificates; but we consider the above amply sufficient proof of its virtue. All we ask is a trial. For full particulars, history of diseases, and certificates of its wonderful cures, the reader is referred to the wrapper around the bottle. Manufactured and sold bv BRADFIELD & C 0„ Price $l5O. ATLANTA, G A. Sold by all Druggists, 1-30-ly. Administrator’s Sale. By virtue of an order from the Court of Ordinary of Bartow county, will be sold on the first Tuesday iu October next, at the Court House door in said county, between the legal sale hours, the following town lots, in the city of Cartersville; A lot situated on Cassville street, adjoining tiic residence of James Milner, deceased, known as the Brown Academy lot, containing one acre more or less. Also ten or more vacant lots, fronting on main street, and running liuck to the line of John 11. Ruckmans lot, each of said lots . containing one acre, more or less. Also about one hundx-ed volumes of second handed law books. AH sold as the property of James Milner, deceased, for the benefit of the heirs and creditors of said deceased. Term oi sale cash. SUE M. MILNER. Admr’x. ol James Milner, dec’t Sept, 2nd. 1873