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Q. Do you know whether any money was used for the purpose of getting that bill passed--the Arcade road? A. No, sir, there was none to my knowledge.
Q. Did you consider it a meritorious application? A. I did, very much so; it had the best incorporators of any road there.
Q. Have you any ground for believing it could have been passed by the use of money ? A. Yes, sir, it was said to me by several parties that money could pass the bill.
Q. That is all you know in relation to the railroad legislation of last winter? A. Yes, sir.
Q. You were here in 1860 ? A. Yes, sir.
QAs one of the advocates of a city railroad? A. I was an incorporator in and an advocate for the road known as the South & West Road, commonly called the Belt Railroad.
Q. Do you know whether any money, stock, or other thing of value, was given to aid in getting the bill passed ? A. No, sir, I do not know anything directly.
Q. State what you do know in relation to it? A. The way that bill was passed was by eighteen incorporators being put in the bill, then about fifteen gentlemen who were afterwards taken in by the incorporators.
Q. And their names inserted in the bill ? A. No, sir, they were afterwards taken in; gentlemın here of high standing, who pledged themselves that they had influence; and it was agreed that if they would get such a number of votes, they should have an interest ; there were some of the best men in the State interested in the bill.
Q. Is it within your knowledge what amount of stock was given to parties in that way? A. That influence, brought to bear, passed the bill. After this bill was passed, it being a franchise. the corporators sold out to a corporation, which was called the Central Park Railroad Company, who were these eighteen gentlemen and the fifteen, who formed themselves into a corporation.
Q. The eighteen whose names were in the bill and the fifteen who were not? A. Yes, sir; and then the incorporators sold out to this Central Park railroad corporation for $300,000 of the capital stock of the road.
Q. What was the entire capital stock? A. I have forgotten, I believe it was one million.
Q. As I understand you, the incorporators named in the bill sold out for $300,000 ? A. Yes, sir; and that stock was divided up among the parties interested and their friends.
Q. This $300.000 of stock? A. Yes, sir.
Q. You regarded it as a compensation for securing the legislation which granted the franchise ? A. Yes, sir.
Q. Do you know what the market value of that stock was? The par value was 100 cents on the dollar; it sold as high as 110; the present market value is seventy or eighty cents.
Q. The effect of that arrangement, if I correctly apprehend your statement, was that this incorporation that built the road, gave $300,000 of their stock to parties that were instrumental in procur. ing the grant? A. I have stated how they did it; I received my portion of the $300,000, and gave away a certain amount to gentlemen who used influence.
Q. This $300,000 of stock went to parties who had contributed or given the original incorporators their services, or influence in getting the franchise ? A. Yes; it was this way. The eighteen men, and the other fifteen men were gentlemen outside of the Leg. islature. We formed ourselves into a company, and then turned round and received from the company this $300,000 in stock. These gentlemen received that for their trouble and expense, their time up here, and for the influence they brought to bear on members to vote for this bill.
Q. Did you have any other business with the Legislature last winter; were you here for any other purpose. A. I was up here a short time for a road that I was interested in in Brooklyn.
Q. Did that road use any money or other valuable thing to procure that franchise? A. No, sir.
Q. Are you connected with any otber? A. None, except a road in Brooklyn-the Prospect Park. By Mr. TOWNSEND:
Q. Have any of the roads that you have been connected with at any time, and if so, what road, used money or other valuable thing, to procure favorable legislation ? A. I never was connected with any road that used money.
Q. Or anything else? A. Well, we made promises to parties outside to bring influence to bear.
Q. What did you offer? A. An interest in the franchise we were about to get.
Q. You have, by this means, got legislation on behalf of the roads. A. Yes, sir.
Q. What roads were they? A. A Brooklyn road, called the Ridgewood road.
Q. What other? A. A road for which the franchise was got through here several years ago, called the Cross-Town road.
Q. What other? A. No other road.
Q. These roads you speak of did use or appropriate stock? A. That is, they appropriated stocks to the friends of the bill. Q. For the purpose of securing the legislation they desired ?
A. They appropriated stock, not to any party in the Legislature.
Q. That is not the question. Did they appropriate money or stock for the purpose of securing such legislation as they desired ? A. Yes, sir, certainly they did. By Mr. OPDYKE.
Q. If the stock of that railroad was a million of dollars, and the company only paid $300,000 to those who were instrumental in procuring the grants, among whom was the other portion divided ? A. It took a little over $500,000 to build and equip the road.
Q. Have you any means of knowing what portion of the $300,000 stock issued to members of the Legislature ? A. No, sir, I have not.
Q. Have you good ground for believing that a considerable por. tion of this atock ultimately went to members of the Legislature ? A. Yes, sir.
STATE OF NEW YORK,
County of Alany.
William Richardson, being duly sworn by the Chairman, affirms and says:
I am president of the Dry Dock, East Broadway & Battery R. R. Co., in the City of New York; I reside No. 56 East 125th street; I have been President of said company since January, 1865, and superintendent since the November previous to that time; the company has asked for legislation since I've been connected with the road. [Con. No. 150.]
Q. Do you know of any shareholders of that company that paid money to influence legislation ? A. I must decline to answer the question on the gound it might have a tendency to criminate me.
Q. Have you any knowledge of any one paying money to get through the Broadway Surface R. R. bill ? A. I have no recollection of any.
A. Have you any knowledge of any money being paid to influence any legislation ? A. I don't recollect; while I was clerk of the Assembly there were a great many rumors of corruption; charges and counter-charges, especially in the year 1860 ; there were specific charges, but I can not now state what they were.
Q. Do you know whether any stock was given to influence legis- . lation ? A. I know by statements made to me by members during the session of 1865, that they were promised stock in the New York Underground railroad in various amounts; $1,000 was the amount in more than one case, provided they would vote for the passage in the House of the bill authorizing the same; I also know from similar statements, and having seen certificates thereof at the same session, that stock of the Metropolitan Passenger and Baggage Company was promised and given to different members in consideration of their voting for the passage of the bill; the bill granting the fran. chise of our company, passed in 1860, and the company was organized in 1864.
Q. When did you apply for legislation ? A. In the sessions of 1865, 1866, and 1867; I am familiar with receipts and expenditures of the company.
Q. Do you know what amount of money was expended in those years to procure legislation ? A. I can't state definitely; it cost us nothing in 1865; in 1866 my impression is it cost us about $20,000; there were three laws passed then; one for a track in Courtlandt street from Greenwich street to the North river; in Desbrosses street from Greenwich street to the North river; and in Fulton street from Washington to Broadway, that was one bill; another authorized us to lay a track from the junction of East Broadway and Grand street through Grand, Sullivan and Vesey streets to the North river, on condition of buying out the property of Grand street Stage Company; the third bill authorized a single track in Essex, Columbia, and Second streets, on condition of taking up one track in Clinton street and abandoning the use of the track in Goerck street; it is my impression the passage of these bills, to the best of my recollec
tion, cost our company about $20,000; in 1867 it cost us nothing.
Q. Did you disburse any part of those $20,000. A. I decline to answer the question for the reason that it might have a tendency to criminate me. Sworn to before me this 18th day of Sept, 1867.
FRIDAY, September 20th 1867.
Present-Messrs. OPDYKE, LOEW and FLAGLER.
Edwin D. Worcester, affirmed, examined by Mr. OPDYKE.
Q. You are resident in Albany, and are Treasurer of the New York Central Railroad Company ? A. I am, sir.
Q. How long have you occupied that position ? A. I have been treasurer about two years ; I was assistant-treasurer two years prior to that. I have been connected with the company since the time of the consolidation.
Q. Is it within your knowledge that during your connection with the company, money has been expended by them to influence legislation, or in relation to it? A. I shall have to ask a little explanation as to how broadly you intend that question to apply-whether by spending money "to influence legislation,” you mean the application of money directly to the Legislature.
Q. No; my words were, "to influence legislation ? A. Well, I don't yet fully understand the scope of the question, whether it is meant to include money spent for such purposes as printing, or getting men to write articles, when we had measures pending-do you intend your question to apply to such things?
Q. No, sir; we do not wish those embraced. A. Then I don't know the fact that any money has been expended to influence legis. lation.
Q. Do you know of the company's paying out considerable amounts of money during the seasons of legislation? A. Yes; considerable amounts of money.
Q. For matters outside of their regular business? A. Yes,—to some extent.