The States and Union. [volume] (Ashland, Ohio) 1868-1872, 1869-11-03
The following week 1 again called

with him, in which he stated that as
to his taking million and one-halt
of gold, or ven a million, it was alb
soluteIy impossible. He had real es-
tate, but 40 money. He then refer
red to your note, and asked why you
should charge him with any specific
amount when you referred in it to his
interest IN the pool, and claimed that
before you had any right to require
any money from him, you should
state the accounts OF the pool, so that
he might see whether any money had
been lost and he wou d leave it to his
friend Tweed how much he should pay.
just then a mutual acquaintance came
in, and l rose to take my leave. But
the General stood up also, and taking
Il piece of paper from the table about
as large a. a sheet of note-paper, he
held it u2 in front of US, and said
aloud :: 49,,
"There are the figures you wanted
to see" ana at the same time held up
a small piece of paper, on which was
written:
Il want my friend Richard Schell
to act for me with TAeed in this mat
ter" or words to that effect.
The larger paper effectually con-
cealed the smaller one, and the ohser-
Walton of the General about the fig
ures was simply to mislead our mu-
tual acquaintance as to the object of
my visit.
L then left for that day and have
not called on him since.
Very truly yours,
FREDERICK A. LANE.
1t was reported yesterday afternoon
that General Butterfield had mort
gagged his property to VIM. NJ. Tweed
for S275, 900, and that the mortgage
covers his residence on Washington
Heights.
TIE Gold Speculation Before tho Grand
Jury.
Following out the suggestion of
Justice Ingraham, in his charge at the
commencement OF the present term
OF tile Oyer and Trrmincr, the Grand
Jury are now hearing testimony rela-
ting to the subject OF the recent gold
specnlations. Messrs. Fist and Gould
have been subpenaed to appear be
fore and be examined by the jury to-
day. Several others engaged i'll The
pecnlations have been summoned to
attend at various times.
He asked where MIR. Gould was,
and whcthor he could see him if he
went to his house that evening. He
said he wanted him (Gculd) TO under
stand that he never backed out, and
that he would take up the ghld or put
up margins on Monday If | would no,
have it sold out that day that he had
a million dollars worth of real estate,
but no ready money that he had been
in a speculation for another two hund
red thousand dollars gold. and thai
had drained him of all his funds, that
he wanted to leave the matter to his
friend Tweed, but that he vas ready t.
do anything he could. He was very
much agitated, and said it was not hi
fault that the telegram got out So
quick; that when he received it he
showed it to Your messenger first,
though there were o.fer parties in the
room. He slowed me his letter boek
containing copies OF his letters to Mr.
Boutwell,, and read me Il letter wllici.
he had written to him in reference t,
the sales on Friday 24tn ult.
lie added that there need be no
great uneasiness about the matter, fo:
the price OF gold was not going down,
and the loss could Tot be very grea
anyhow, and wlateverit was he would
pay it sometime. | then telegrapled
you as PILLOWS:
He is alarmed. Says ifyou bought
for him it must have been a misunder-
standing, but that you shoult be pro
tected to the utmost of his ability /,
that it is impossible for him to do any
thing to-day, and wants to see you |
told him that was impossible, that I had
fuIl power and must have margin, or
he must take the gold up. l would
consider end return in twenty minutes
Tor further co versation."
l did call in about twenty minutes
he then said. in order TO show MIR.
Gould that he WAS in earnest. he gave
him a check Oh account that day. He
said that he did not have on hand
more than four or five thousand Col
lars, but would do what he could. As
my orders from you were peremptory
to make him give margins or take Cp
the gold, or have it sold, l asked him
if he would make it a matter of honor,
and if I would take the responsibility o.
not selling him out, would he without
fail give me a check for ut least $40, t9G
BY 8 o'clock. and more On Monday
and agree to mos: gaze his real estate
tor II b4!anc3 to b. 10 mi due OIL the
transactions wien they were closed ?
He replied:
Eyes, l will on my honor as a man
give you a check for at least $1,000
before 2:3O o'clock to-day and mort
gage the very root over my head FOL
The balance"
l said would come in about 9
o'clock, as l wanted to get up town
before 3 O'Clock; He asked me to
make it as late as possible, for there
were so many around that he might be
regarded with suspicioni it came there
[ then telegraphed you as follows:
He will hand me u check on &C
counr at half past two, II on Mon
day, and mortg' ge his house for bal
ance. Am Oh my way up to give par
t~iculars so as to get back to hrm al
appointed time"
LEFT HoME.-J. Wesley Downey.
D. II NJ. nnupay fprnor