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

were Interested in the marke. he sold the gold
$4,000 on September O. Their interviews still
continued to be regv frequent, mornibg and even
Ing. Il
THAT BOUTWELL, DINNER AT pEL3osIco's.
In September tho. disoyrcreu rfAt,n number OF
bankers and broken, who were supposed to he
icrtaken to bear the gold market on large scale.
After they had made enormous Short sales, this
somSnalon sent % one q their number to escort ;
him q handsome dinner at the Union League Club,
where they cxcrted their utmost influence to In
duce him to sell gold.
coRpIs cnECKAATEs THE ..sHoRT', INTEREST.
Learning OF this movement, and in order to
chcckmate It, Mr.. Corbin procured ftom General
Grant letter, to be delivered to NJ. Boutwell,,
reremptorily instructing him not to sell gold.
CoRBIs DIsrRusrs HIS OWN APPoISTRE.
This letter Mr. Corbin gave to General Butter
field, with instructions to deliver 1t 10 Mr.. Bout
well on his arrival; but, various circumstances
posed to Mr. Goud TINT safe message should be
Corbn,l which, he said, would scttlsa,l Of them.
This letter he read TO Mr.. Gould, WHO thereupon
ssS Mr Gspn pa s
from u member OF General Grants family, In
which the writer expressed great anxiety to have
these spcCulatiOns closed. 80
coRBIS WANTS TO GET OFT AyS1A1.
When gold reached III Mr.. Corbtl informed
Mr. Could that he had just sent letter by mail TO
General Grant, In which he told him that he was
and that, as m impartial observer, 2he was de-
cidedly OF the opinion that It would DO very dan
present price OF gold there would he about $780,,
900 profit; that he wished Mr.. Gould to give him
check for that sum, dcducting s5o, 600 loss on the
bonds so as to confirm his letter, although twas
written for effect. Mr.. Gould replied that it was
utterly impossible for Mr.. Corbin tosbe entirely
ed had sold out; but consented to ,nye him q
check for 500 600 on account, and he tGrhinl sad
that he would immediately write private letter
TO the President explaining his real position, the
other letter being intended for use In the Cabuet
meeting.
GRANT couSrERAASDs AN ORDER RoR THE SALE
OF GOLD. 80
Some time before this ar. Corbin told Mr.. Could
that an order had been actually issaM from the
Treasury Department for the sale OF gold and that
q letter from him relating to the subject.
THR OPERATIONS AT THE suB-rREAsuRY-RE-
PORT OF JAY G0uLD's ATTORNEY.
The following report or Frederick A. Lane,
attorney Of Jay Gould, is now en- file in Mr..
Goulds Office:
NEW YORK, October II.
Jay could, Esq.-DEAR SIR: BY your request
and acting rs yonr attorney, called on General
day 2sth day OF September last. stated to Gene
ral Butternefd that had called in reference to the
Sn Msh a aGps OF IN the
In about 140 per cent. told him that he must
either put up more margins or take up the gold
and In his name.
The General replied that th ere was some mis-
he did not admit hia legal liability ifor they did
not have his signature to anything, nor did they
ve Ss 9 II his S
Il beg leave to state that the General must en-
versaton wns so interarded with; profanity that
no gentleman would repeat IT. lie said he had
sss sell s he n as
gray headed fellow,' would play them false and
sell them all out II they did not look iout. He
added:
They had. better keep an eye on hip.".
could see him II he went to his house that even
Ing. He said he wanted him tiouldl to under
stand that he never backed out, aud thathe would
take up the gold or put up margins On Monday II
would not have It sold out that day that he ad
q million dollars worth Of real estate but no
for another two hundred thousand dollars gold
and that had drained him 7cf all his fundsi that
Tweed, but that he was ready to do anything he
could. He was very much :agtratcti, and said
that IL was not his fault that the telegram got out
so quick; that when lie received 1t he showed It
to your messenger first, though thcre were other
parties in the room. He showed me his letter
well, ana read ME letter which he had written
to him In reference to the sales OH Friday oath ul
timO. q
ness about the matter, for the price OF gold was
not going down, and the loss could not be very
great anyhow, and whatever II was he would pay
Il some time. then teegraphed you as follows:
"Fe IL alarmed. Says II you bought for him It
must nave M been k bnt that you
that It Is impossible for him to do anything to-
day, and wants to see you 1 told him that was
margins, or lie must take the gold up. would
consider and return in twenty minutes for fur
I did cali In nhout twenty mtnutas. bn tbop
said, In order to show Mr.. Gould that he was In
earnest, he would give him check on account
more than four or 1--WE thousand dollars, but would
40 what he could. AS my orders from you were
the e 20 or haSe aa ave nsRea hm Dr e
would make 1t matter Of honor, and II ] would
take the responsibility Of not selling him out,
$4,000 by three O'Clock. and more on Monday,
and agree to mortgage his real estate for any bal
they were closed9 He replied:
"Yes, will, on my honor rs man, give you
check for at least $4,000 before ESQ O'Clock 20
the balance"
van,as SAID would come in about O'clock as
mase 4 to s e as posSe
many around that 1t might be regarded with sus-
piclon II came there. I then teiegraphed you as
''He will hand me check on account at halrpast
2; more on Monday, and mortgage his house for
as o 10 S az Ssf SO
In the afternoon when called, about twenty
minutes past 2 O'Clock, ! found General Butter
that his wife was very ILL., that lie had just had
had O message from her to come up in the
O'Clock train, and that he would be back on Sun
day night, and would see you. then asked him
what hc meant by giving me his word of honor In
the morning rs to the $4,000, and II he Thought
what sort Of position 1t placed me In with my
cllents. He then replied:
"Mell, Will show you why could not pay that
IN fnr foth TN In han
drawn on me as executor this morning for just
that amount, and 1t has taken all could raise.
Gould that viii pay al that is due, and he shall
not lose by me.n NJ
He then called for the draft on him as executor,
and showed Il to me, adding: -,
.Why, 4 have t;srtY ;tY millions Of gold right here,
bgt can't take tSat t W make up my losses, and
walked up with tile GenefaI us - 20 me-
downtown once, md he said he thought heS .,y
stop and see Mr.. Gould on his way up to the cars.
kaIia .ls.a.x Iaai LIN ld