The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-10-25

Partnershfp-Mrs. Grant - MIS- Cor-
bin-Half a Million I'm Gold Sold for
and on Account of the Presidents
Wife ut I37-A Presidential Margin OF
s12,0 600 ON Bonds-How Corbin Pulled
the Wires.
Much as has been published heretofore with
reference to the gold gambling operations on
the memorable Friday, september 24th,) evil
dent II great deal yetremains unwritten. The
New York Sun, endeavoriug 10 make the re-
cord complete, sent reporter to see Jay
Gould and Fisk, with reference to the Corbin'
Butterield defence. The revelations are fresh
and startling. Mr.. Fisk stated explicitly that
Corbin, Of his o,on accord, offered his influence
,oith his brother-in-la,o, President Grant, .to'
sale, and that he had received, to his (Ffsks)
own knowledge, two checks-one Of s25,Oot
and one of $4,000
| MRS. GIANTS LETTER.
Which has already been given to the public
through the special kilograms to The NEWS
proved to be the key which has unlocked the
whole mystery of the connection of the admin
istraton with the gigantic gold operations.
The letter was shown by Mr. Corbin to g
prominent gold speculator, who, well aware o.
its Importance, read it over three times. The
address on the envelope was in the Presidents
handwriting, but the inclosrre was written by
his wife. Alter few remarks in regard to the
children, Mrs. Grant says:
''My husband is very much annoyed at your
speculatons. He tries not to be Influenced by them
but fears he Is. Another reason why they must
| come up in Cabinet, and the action OF our gov
ernment will influence the price OF bonds"
NATURE OF THE ''sPECULATI0Ns."
It appears that when the Loyal League ring
were short of gold and urging Boutwell, to sell
Mr.. Corbin, as mouthpiece of the bulls in gold,
! wrote letter which was sent 10 General
Grant, then in Pennsylvania, by special mes
senger, urging him not to permit any sales Of
gold to be made until November; and at the
same time wrote a letter to Mrs. Grant, in
forming her of tfie request made to her hus-
band, and stating that if they succeeded she
would make great deal of money.
DID MRS. GRANT MAKE THE MONEY
Mr.. Corbin has constantly informed Mr.. Jay
Gould that he was very desirous to sec Mrs.
Grant and her children comfortably situated,
pecuniarily, fofiife. Whether any actual cash
has been paid over to Mrs. Grant since Mr..
Gould has paid Mr.. Corbn 100000 at one
time and s25, 1000 at another, does not appear;
but it is asserted that ten valuable lots,
situated in Hudson City, have OF late been
conveyed to Mrs. Grant by Mr.. Corbin. The
value of these lots is about $40, 900. and rapidly
apprecating In value.
HOW coRBIN CAME on THE SCENE.
Mr.. Corbins influence with the government
having often been denied by the friends of the
administration, Mr. Jay Gould publishes in the
New York papers the particulars of the ap-
pointment of General Butterfleld as sub
treasurer, which was entirely CorbIn's work,
a. 4pprars NOM tne following succlnct recltar
Of events
coRBIN oNTRoLs THE APPOINTMENT.
The first Mr.. Could saw Of Mr.. Corbin was in
the latter part Of May last, when MI Corbln sent sen
for him and they had an interview at Mr.. Cor
bins residence, No. 81 West Twenty y-seven.n ana
street, regarding the appointment OF SUPPRESS
urer in this city. Mr.. COrbn represented 10 Mr;
Gould that he could controi the appoi1tnen' , uud
make money by having the inside track. MT.
Gould understood that the appontee was 70 De
Mr.. r. B. Catherwood, the son-ln-aW OF MI. Cor,
bin. At a second interview Mr.. Coroln informed
Mr. Gould that he hal dropped Mr.. Catherwooa,
fearing that his connection with the Presidents
family might be the subject OF scandalous COM
ment, and that he had nXed on Gencral butteI-
field as the appontee. and could get letters from
Mr.. A. T. Stewart and others, which Would make
things appear easy and natural He said he
could control Mr.. Butterfeld. In fact that
he owned him, and that ne nae nad CONSUL. CONSUL.
ment was satisfactory to him. The understand
ing was that Mr.. Catherwood was to receive one
fourth Of the profits from whatever was made by
any financial operations undertaken upon &C.
count Of Mr.. Corbin and Mr.. Buttcriield. Mr..
Butterfield gave Mr.. CQrbin q letter asserting 10
the agreement, and this letter was SHOWN oy MI
Corbn to both Mr.. Gould and Mr.. Cathcrwoou;
Shortly after this Nj. Corhin requested Mr.. Gould
to meet General Grant at his (Ar. Corbin's resi-
dence, which he did, and subsequently accompa:
nicd the President to Boston, where lie attended
the Peace jubilee. On the way Mr.. Gould spoke
to General Grant in favor OF the appointment OF
General Butterfed, and Immediately after the
Presidents return the appointment OF General
Butterfeld was made public.
PUMPING THE PRESIDENT.
Some time in July Mr.. Gould again met General
Grant at Mr. COrbin's house. by invitation oil Mr.
Corbin In the evening Mr. Gouid LAGOON acconpanee ~ tea
Opera House and left them there, returning MIN,
self to converse with General Grant. He asked
him what would be the financial policy OF the gov
ernment, and the President replied that, as he
was anxious to secure high prices for farmers,
produce no gold would be sold before the nrst 0i
November, except the regular sales OF Two mill
lions q month. Mr.. Gould then asked how ne
would obtain means to purchase government
bonds ana his answer was that the internal reve'
nue receipts were Unexpectedly large, ana tue
currency balances in the Treasury would be sum-
cient without selling gold. Mr.. Gould further IN
uuired how he expected to keep money easy, 10
twelve TO fifteen million going out in pensions, and
that he intended to increase the fractional curren
cy from thirty millions to fifty.
OPERATIONS CoMMENCED-THE FIRST FOOL.
Shortly afterwards, on the strength Of this in.
formation, Mr.. Gould purchased 81, 600 OF
government bonds on the joint account Of him.
self Mr.. Corbin, Mr.. Catherwood and General
| Butterfeld.
AMARG1N OF $4,000 FROM GRANT.
Mr.. Corbin stated to Mr.. Gould that he had re-
ceived q margin OF ten or twelve thousand dol
lars from General Grant, with which to carry
| 5000 900 of government bonds, which Corbin SAID
| were held for the account Of General Grant by
Messrs. Stone, Nichols Stone, Mr.. Corbn's
brokers'
FINALE OF GRANTS BOND OPERATIONS.
Mr.. Corbin said that he was anxious to return
the money advanced by General Grant, ana 10
| show him O profit on the transaction so 1ar as II
had gone, and desired Mr.. Gould TO pay Stone
| Nichols & Stone one per cent. more than the mar
ket price, and then to carry the bonds ior the ac
count OF General Grant until they should reach
| l2j without having any margin or security. Mr
Gould agreed to do this, reserving, OF course the
right TO sell the bonds at any time, If necessary
| to protect himself; and on July 29 he paid Stone
| S.,n fnr which