Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-03-10
Operating an Gold.

The following is an extract of letter said to
TO have been written by a member OF the
House from the rural districtsy to his father
at home
As turned into State stree, met an elderly
gentleman IN spectacles. and inquired Of him
phere the operations in gold mostly made,
and be. somewhat tartly. as thought but then
of course he didn't know / was q member Of the
House,. cried out "0ver there, over there, 10 the
news room"
He pointed with his stick as he spoke, and
At once crossed over and entered the place desig
mated, and was passing through the gate leading
70 the news room, when ! politely. but
somewhat abruptly. brought up with the ques
ton. Are you subscriber, sirf
Not At all daunted, however, / threw myself
back little, and replied. 'I am not subscriber
20 your news room, sir, but am q member Of
the House Of Representadves-the member, sir,
from -" "Oh. ah, yes" was the rejoinder,
and walked IN without further ado.
And such Babel a. found myself in Ii
ia went far ahead of our town meetings. and you
know well what they are There were voices in
German, Hebrew, Irish, English and / know
not what else, all in jabber at once. and all
bidding and betting and selling as fast their
tongues could wag.
Crazed and confused, 1 retreated TO corner
and there stood listener TO Wild unearthly
iargon, and an observer of the worn and wearied
looking faces about me-the blood shot eye, the
dush aud fevered cheek. Some OF them, at
times, seemed near coming to blows, so high ran
their voices aud fast and fierce were their ges-
ticuiations One man did actually tell another
he ''lied, - and | prepared myself TO witness
knock down, but il passed Of, seemingly, as a
mere common place affair.
ON give 205 70 10 900 - cries one. ON sell
8 5000 at 20515f' bawls another. Ill bet S.
the next quotation will be 206 % screams third.
And the beauty OF the thing was, ss ! cast my
eye about. il seemed though could buy out
the entire crowd for few hundred dollars, and
yet here they are buying and selling their FIVE
thousands and ten thousands of gold, and paper
s.ss money, worth only fifty cents on dollar
Blu. the thing explained TO me afterwards
by a gentleman who boards at the house where
am stopping. and who seems well posted in such
matters. Re says: A sells B to-day $4,000 of
gold at DOS, deliverable to morrow. Well. the
gold at the price named would come to $40, $50
in paper money, and you would very naturally
suppose Mr.. A. a man of considerable means.
Not so, however; four or FIVE hundred dollars is,
probably, the sum total Of his capital be ex-
rects before ~ o'clock of the ensuing iay, the
price Of gold will fall below Dos, and he calls on
Mr.. ID. TO pay him over in greenbacks whatever
the difference NAV be" On the other hand,
should the quotations rule over 205 Mr.. A.
must pay Mr.. B the difference" whatever il
may be ia that case SO you see that not one
dollar in gold passes through the hands of either
party, and il may be question whether Mr.. a.
or Dir. b. has set eyes upon one since you or |
have-say some four years ago. Aud yet they
buy and sell their thousands every day.