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Show n i. ai k. 3I Ai!iIreMs"K the Houko on Ihe Ituilroad iSttutl Seautlal. lutl bunu there is Xothiuic lu It. Wa-hiii!i'.on, 4. In t;.e bous today to-day Mr. Blaine rose to a. personal explanation and refuted at length the scandal with which bis name has been recently connected, alleging that he deposited with or sold to the Union Pacific railroad in 1871 worthless worth-less bonds of the Little liock and Fort Smith railroad, tor which he received tiie sum of $01,000 iu cash. In r.-gard lo tins charge Mr. Blaine uses the following explicit language of denial : I desire to declare tiint all and every part of this story tli it connects my name with it is at-auhilely untrue, without one particle ot foundation and fact, and without a tittle of i vi-dence vi-dence to substantiate it. I never had any transaction of any kind with Thomas A. Scott concerning the bonds of the Little Hock and Fort Smith road or the bonds of any otlu r railroad, or any business in any way connected with railroads, directly or indirectly. Never had any business transactions whatever with tiie Union Pacific railroad company or any of iU officers, or agents, or representatives and ntver in any manner received mini in it company, uirectty or in- , directly, a single dollar in money or stocks or bonds or other form of values and as to the p iriioular transaction tran-saction referred lo, 1 never so much as heard ot it until nearly two years after its alleged occurrence when it was talked of at the time ot the Credit Mobilier investigation in 1S73 ; but white my denial ought to bs con elusive, I should greatly regrut to bo compelled to leave ttic m ilter t-ere. am fortunately able tn sustain my otvo declaration by the most conclusive con-clusive evidence which huma t testimony tes-timony can supply. If any person or person 6 know the truth or falsity of these charges il must lie the officers of the Union Pacific railroad. I ac oordingly addressed a nolo t ) the president of that company, a Gentle-1 man who had been a director of the I company from its organization, I be licve, and who has a most ihurough acquaintance of the bu-aness Iran suctions, probably more i ban any other man. The correspondence which I submit will explain itself and leave nothing to bo said. Mr. Blaine then procee led tn read letters from Sidney Dillon and Thomas, Scott, tiie Utter positively confirming i Mr. Blaine's statement and denying' that Blaine ever had any transaction of the kind alleged witli the Union Pacific railroad, or with himself as its president, and that Blaine never received re-ceived ?Gl,0tX)or any other sum from the said railroad company, Mr. Blaine men sajs that he Iihh choji'u to make this public statement rather than to undergo tli lediousde-lays lediousde-lays of an inves'igation before a committee com-mittee with til-: scandal hanging over him. Ho then gives the history of his connection with t;ie bonds nf the L ille i-lle Rock and Fort Smith railroad. In lS'V.) he bought a quantity of the funds of tiiis eompmy, which were placed on the New England market, p vying the regular price for them. The in-, vestment proved to be a worthless one. 1 He lost about f-'l,Ul'et in it, and New England about $J U-XJ.OiM, as she has lost over oue hundred millions by similar sim-ilar vrutures west and mth witiim the last twelve years. Subsequently Mr. Blaine exchanged thcie bunds f.,r stock and bonus in the new cump.inv, which he still holds. He enlarged at con-idcrah!e length in vindication of the right uf a member id congivas to purcna-e such propi rly. He said that the Li'.i:e II u k road derived its land grants from llinst.it1. uf Arkansas, and not from co"gres. In conclusion, 1 Mr. Blame s.nd : I can hardly expect, Mr. Speake. , that any ftateuicnl from me will st"p the work ul l'"; who have so industriously in-dustriously fire-id -i ted thei-e eaiuin-nit eaiuin-nit s. Fur mouths p it tin- efihrl has been energetic and om: niuoiis I i spread llua-e ntorh s in private cirel. s. EniL-Hiries ot sia:ider have visited the editorial rooms of tiie leading republican repub-lican papers from 13 i-ton to Omaha and whispered of revd ita-ns lo come that were too horrible eicll to be spoken ol iu loud tmes, and at U.-t the revelations have been made. 1 am now, Mr. Speaker, in the fourteenth four-teenth year ol a not ina-live. service in thi? hall. I have taken and have given blows. I have no doubt sai l many tilings in the he.it of debate which I wool I now gladly recall. re-call. I h ive no doubt given votes which in a fulhr light I wouM gladly eh mge, but I have never done anything in my public earefr for which I could be put to the i faintest blush in any presence, or for which I cannot answer to my constit uents, my conscience and the great searcher of hearts. Blaine's speech was delivered very impressively Irom written slip-", and was listened lo with eaer attention by every member and pernou within the crowded hall. As he concluded there was a murmur uf applause irom both sides of (he hall, and ono of a group of prominent democratic members mem-bers having temporary scats near tin reporter, exclaimed, an be finished hi.-, assertion of innocence: "1 behevo it, every word of it;" to which others ie-plied, ie-plied, "and so do I." |