Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1869-10-22

Will capable and faithful service The closing
act # BIS administration, the Submission Of the
fifteenth .meaimert, connects his name, 10 his
honor, VITA that great measure Of national JUS
,ce; 4ll lis Is % clear and honorable record in
the annals os the State.
Then. y. Tines publishes an elaborate ez-
p5surc Of the l.;e Soll plot ia Wall Street. The
article agrees in the main with the preyiou.
publications on the subject, bu, it furnishes
many details Of the scheme which haven be-
fore been made public. If all the charges made
against ,he Erie clique are correct the character
Of those composing il deserves even worse al
jsc-ives than have been applied TO It. The depth
Of iaf.my 20 which these men descended il their
greedy lust for gain is marvellous It seems,
according 20 the Times. that Fisk, Gould - Co.,
lost l-Eily during the summer months AID be-
came rrs elessly desperate. Disappointed IN all
their enterprises. they began to make their plans
for a -aa-ulat0u on gigantic scale. They cal
cu.atyI THAI If the Treasury should continue L.
po.-y 4 selling specie only at regular AMI
s. ID. pods. they might buy up sufficient gold
90 create " corner 50 the clique began 70
prose The purposes Of the government Secre
tar Boutwell, and the President were both
approached and both repulsei their iuquis tive
visitors. Satisfied, however, that the Treasury
would not alter is plans, the Erie ring began
their purchases # gold The price was quickly
run up above sixty and the Ring were happy
over the prospect Of their tremendous profits
when they should sell
But Just NJ this time the Government steps In
with is gold, orders sale, the price drops like
lead. and the " Ring f0l.ei. Bathed and
madieuei they laid their wires to involve the
President IN the scheme They secured Al agent
IN vel known morning paper in New York.
Mr.. A. Il. COrtu, the President hrother-in-law
WAS, consciously or uuclnsciously, one Of their
tools Failing create any suspicion against
either Alr B9u' I8r the President, the Ring
turuei their aft-4Jiou 10 Gen. Butterfell. Assis-
taut ol.iel States Treasurer at New ! ork. This
othcla. lal been the agcut Of the Government in
breaking the ne.l-ious plots If the ring, hence
their ariu5sity against him. The Times asserts
that A.- freedom from all connection with the
great plot is IS certain as That Of the Presiien,
himself
THIS Is a general outline Of tie history Of the
late imbrogAo Some of the special revelations
made by the Times are astonishing, and show
the extent Of the precautions which Fisk
10. A4A A4At4 august any lll>-i.'4t
failure. They made, rs was sad above. number
less eh. ITS TO extract from the Government some
definite assurance as to It's policy. The CORE
spouieaoe for TINS purpose was afterwards used,
with the peculiar auiacity of the Erie clique, to
prove that the President was partner to their
schemcs They are asserted to have tapped .
the telegraph wires and obtained the Treasury
order f. the sale of gold before II vas received .
by General Butterheid. They also had spies IN
the Assistant Ireasurer's Office ready to convey
10 them the earliest information Of interest to
them. Qle Of these spies was specially charged .
to remain near General BuIerfed 10 ascertain
If be received anv dispatches from " Washington
This person actually read Secretary BoutWell's
telegram over General Butterfeld's shoulder, and
hasteael to the headquarters Of the Erie clique
with it, contents. Before he arrived, the clique
had obtained the tiiings from some ether source
-probably surrcptitiously from the wires-and
had begun their sales in season to avert some,
but not all, Of the consequences. This is a part
If the transaction which has never been cleared
Up until the Times published this explanation.
Nobody understood Why the clique began to
make their sudden sales on that eYentful Friday.
But 1t is reasonable TO suppose that they had
omehow obtained the substance Of the Treasury
rider, and hasteuei to cover themselves as well
Is possible from the impending storm. The
narrative in the Times is interesting and intrin-
ically probable. But We are confident that the
whole story of the great Erie conspiracy has not
ct been told. When it l. told, we shall be
urprisei if the public VINO read it DO not ieel dis
ppointed that the many victims who the day af-
er the panic were looking for Fisk X Gould with
srrihle seaCesnce in their hearts, dill not sue
eed IN taiius them.