The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-10-27

ShohASoA oSSAScJ'
The GOLD RING --LATEST DEVELOP
MENT.-We have published several state
ments from various New York papers, in
reference to the controversy as to the
completely of certain of the officials of
the Administration with the late ''gold
ring" and movement. The New York
World contains the following summary
of the controversy:
eff Mr.. Jay Gould has made false
statements. it is possible to prove them
false. Until such proof is furnished, the
recent gold speculation must seem to the
public to Ee brought scandalously near
the doors of the President. The evil
dence of his completely is not conclusiue;
but unless Mr.. Gould's credibility can be
shaken and destroyed, the President must
stand before the country in q most unen-
vlaule light. Mr. Gould dopa not deal
in vague assertions. His statements are
definite and specific, giving names, dates,
and circumstances; and therefore admit
ting of easy disproof, if they are not
founded upon facts. Until his credit rs
witness is successfully impcached, the
transactions must have n very ugly look
Mr. GOulu aSSertS:
81. That his intimacy with Mr.. Cor
bin, Gen. Grants brother-in- law, has
been close and confidential, and that,
during the summer, their meetings and
interviews we're almost daily.
go That Gen. Butter6eld was appointed
Assistant Treasurer by Mr.. Corbin's in
auence and with u view to favor his spe-
culutions; that it was ut first intended
hat Hafl - T.
should be Assistant Treasurer. but it was
attended with too much danger, and
Catherwood was bought off by promise
of one-fourth of the profits made by
Corbin and Gould. Butterfeld was
pitched upon as n man we'll calculated to
cloak the contemplated speculation.
SO. That Gen. Grant advanced to Cor
bin $4,000 or $4,000, to be used as
margin in a speculation in bonds. and
that Corbin's brokers purchased $780,
600 worth of bonds, to be carried with
this margin on account of the President.
''4. That Mr.. Gould had personal in
terview with the President in tho sum-
mer, at Corbin's house, in which the
President told Gould that no gold wonld
be sold before the 1st of November, be-
yond the regular monthly $2,OOO,OOO,
and that this information was the basis
of the speculation.
''5. That Mrs. Grant was in the specu-
lation; $500,00O of gold having been
purchased on her account at 1872, which
was sold when the price had risen to 1877,
and the profit, amounting to $50, 900,
was remitted to her.
''6. That when Secretary Boutwell, had
decided to sell gold and break down the
speculation. the President gave n pc
remptory order to Boutwell, forbidding
the sale, and that this order was given at
tho instigation of Corbin.
''7. That the final order for the sale of
gold was not given until after Corbn had
represented to the President that he was
out of the speculation"
The New York Express says: eff Mr..
Gould is not romancing, he tells story
concerning the recent gold speculations
in Wall street which, to say the least of
it, is siDgularly inconsistent with the
Presidents recent letter to Mr.. Bonner.
These developments are very damaging
and very disgraceful as they stand, and
if anybody can show that Mr.. Gould
has been drawing on his Imagination for
his1facts, the sooner the task is entered
upon, the better for all concerned"
The store of Mr.. d. G.. Robertson, in
Sumter, was entered by band of dis
guised men, one night last week, the
,ronriatnr rorrio1 int I