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There is no sign in Dawes' correspondence that he objected to the dividends or had doubts about the stock even when suits commenced against it. He wrote Ames in November of 1871 in a way that indicated he retained the investment.

Dawes to Ames, Nov. 19, 1872, Dawes Papers, Box 37, Credit Mobilier.

Klein, Union Pacific, 291.

Last updated on August 16, 2011 at 2:32pm