New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-26
WALL-STREET.
WHAT PRESIDENT GRANT AND SECRETARY BOUT
WELL SAY-GEN. BCTTERFIELD'S ETTERs
ASKING INyESTfG ALTON


the charges against Gen. Bnerhcd, and that end the
secretary Of the Treasury las ordered commissioner nc
once 10 undertake the business The bold made
bv Gould. Fisk Co., and the INSCRIPTIONS presses that
tOn In her schemes have reused Grant action,
aud we may soon expect the real trath to be- known
The President explicitly denies these damaging state
mcnts, aud no longer hesiacs express his opinion OF
the principal authors. lie declares that he has never
Ocen influenced IN any way by Mr. Corbin or any other
person. No knew Of his intention to self gold except
tie Secretary OF the Treasury; and never by spoken OF
written word did he opinion desire or inen
lion In the matter. save Mr. Boutwell,. On tie SUBJECT
Fks frequent attempts get idea Of the probable
Of the Government in the keeping or selling OF
soid tie President s said 20 have gwen the following
opinion of that celebrated nnancier:
Il don't know bnt should have been nsnlted by such
proposal had IL from any other hui person Ike
Fisk But cOmiEg from a man so destitute Of moral
character didn't think t worth noticing"
During the absence of the President and Secretary
from Washington the two cOrreSpOnded on Government
matter; nothing obtained from such correspond
.nee by the Gold Ring. And IL seems plain, from The
statements now made that Mr. Corbn was as much in
the dark any one, however shrewdly be may have
conveyed the idea 10 the Ring that he knew all about It,
Secretary Boutwell, Will probably soon make some on
eis communication in the matter 10 the PTesnent and
with his permission IL may he given 20 the public Un
within few days the Secretary has given heed to the
vague reports about Buttefeld, but now he means
sn the to the bottom. Gen. Buticrtrlh too, de-
Investigation, and has sent the following letters
to the President and Secretary
VNtrED STATES TIRE ,sURY, NEw-YoRK' Oct o. 1869.
To me- President Of ne UHtted states.
SIR: Certain charges bqye been made by parties here
tcily and honor If maintained and proved true Some
days Since addressed letter the Honorable the Sec
mtcr IL the chaiges had TO him eeEbiauce Of trHth
Uhd,r these accusations, by the advice Of friends and
counsel Tlese charges have OF last assumed such def
shape and form that 10 longer remain silent TO
plead guilty ana admit then truth.
Being sin officer of the army, leave OF absence
la "A gflI
puSCd OF officers Of the army he ordered 20 Hyesti
irstmony ana aildayfs aud compel attendance OF wit
hrSscs, hst the whole matter may be thoroughly and
due yon in return for the honor you conferred
upon b. this appointment that such investigation
be made That your confidence IN me may be publicly S9s
tanned aud approved or falling IN acquttlEg me " the
know Of no other way that the charges can be invest
gated IN suGh manner as to bring forth the trn,h which
~" public, who have just and proper light 20 know the
vhoc truin OF the matter. am very respectfully your
Obcdicnt servant DANIEL BCrEnFlELD.
Assistant Treasurer.
UNITED STATES TREASURY, NEW YORK, oct. %, 1859.
E0ai. GEO :. boutwell,, Secretary Of me Treasury.
DEAR SIR: / know OF no other way that the charges
gentleman can lie 50 fully thoroughly ana fails iuvcst
'tc rs by The method have tins day requested from
the President, and forward herewith through you.
Acting under the advice OF friends aud counsel have
remained Silent and taken notice Of the charges and
R'prrsions made The charge that nave been party
Ur bad any interest III any combination 10 affect the
parties. or authorized any person party whatever
10 any way TO SO, is wholly and uDquahcdly false
The charge that have received any pay, emOuneut
profit for any service, Information assistance 10
charge that the gold funds the Treasury nave been
id OF used IN any manner other than under your drec
lions ana orders aud those Of the Treasurer Of the United
bHcs, all Of which are public, is wholly false The charge
or SfS Sbgy PfSt so ie Sbog IN EOo
cannot enter into details, item by item, of the various
and thorough Investigation. As still hold NY cOuImis.
sion in the Army OF the United States, which commission.
well tie position now occupy alg unworthy to
Auld ;ac various charges made against me tue,
slIccrey trust that may think proper 70 mdOrse my
/ hat
th course y the true for me 10 pursue. SHOULD
uul ana examination such Commission would nave
FUN power 70 investigate and summon, and compel 81
Of ohccrs OF the highest standing and character the
Ary It's investigation and decision should be fully salts
Factory. IL VIII De 80 TO me
= lam, very respectfully, your obedent servant.
DANIEL BUTTERFIELD. Assistant Treasurer.
Solicitor Bared charged with investigating the al.
legged completely Of Gen ButterHed the matter. and
through his action the facts will Secretary
Boutwell, adds his behalf that sll charges or IN
situations that he had any connection With the great
speculation any collision with those who were par.
ties to 1t, are bare falsehoods.
. SAYINGS AND DONGs IN TIE SIRE Fr.
Yesterday the rumors on the street were
legion nearly all having reference Butterfeld
and the Treasury Department It was known that Mr.
Ganhed Solicitor OF the Treasury IN the city and that
he had Ted the suDTreasnry; further than this nero
skeleton Of Information there knowledge Despite
their ignorance, however. the rumOrmOngers were 70
the glory and reyeled their own making
their very absurdity and iuprobabt seemingly adding
1es 20 the enjoyment. But, outside Of the rumOr-
InODgtNs the alleged completely q Gen. Butterfeld
was a favorite aud freQ16ht theme. The weight
of evidence against hlm-not yet refuted by a single
wOfd-uelined many TO believe him guilty, Gen Butter
Deld has never been popular among the business men,
especially the bankers as Sub Treasurer. Their OppO
fton did not arise from personal motives but from
desire that important place should be ntrusted Only
hnancier Of marked ability, and TINS, they claimed,
Gen. Butteihed had proved himself 70 be. Tho
news of Mr.. Banhed's arrival was Yariousy received.
BY many his presence deemed conclusive evidence
that the Administration had last resolved to clear
its skirts, fOr al, OF the Odum sought 10 DO
east upon 1t by political opponents, but few
Siss their cCnceit asserted that he had come
20 Vhtewash Dan Butthr6eld" Late IN tue afternoon
II rumored that Gen. Butterfeld had prepared bis
resignation aud sent information OF the fact 10 the Sec
rotary OF the Treasury By telegraph bat the most indus
tous inquiry failed 20 elicit any Confirmation u the re.
pot A. The su9TreasQry Gen. Butterfeld was cosetod
with his legal advisers, aud inaccessible TO tho out
side world Vt, whel accessible, veIy uncOmmuncatve
1t was said thai be had sent n his resE6aton,
alleging that his course vas not scelyng tho fair and
Impartial investigation which be had oeeh led expect
however the matter may turn out u would seem that
the almost universal demand % Ju5il 70 have
Gen Butterheh removed, since, whether he used his
cha position in favor Of the Gold Ring not the very
Tact ~ alleged oSH having dealt in gold az all with
-. as Eek aud Gould land this is very generally
believed renders him ncon, w, '-' i0'p0"S'
b,e posiflon Of Sub J reasurer 40 ~, Aye
The death Of Mr. james Miner Viekcrs "a TIE nrm OF
Vrkers.& Earnshaw. ANNOUNCE yesL.gY :" %
Gold Exchange, OF which Mr.. VcEers vs' memDor' /
and excited much sorrow IN tho afternoon, commit
Gee spponted Tor the purpose presented ses Of reso
utons expressive OF regret coincidence, and recon-
,erdin the u committee OF ten 70 attend