The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-10-25
LIGHT At LIST.
THE KEY TO THE GIGANTIC GOLD oPE-
RATIOS.

Wall Street and tn White House in
Partncrship-Mrs.G Grant to Mrs. Cor
bin-Half n Milton I'm Gold Sold for
and on Account o. the Prcsidert's
Wife mt 1874 Presidential Margin OF
sla,eoo on Bonds-IIoyv Corbir Pulled
the NVircS.
Much as has been published heretofore with
reference to the gold gamt1ng operations on
the memorable Friday, tseptember Ath,) evil
dent ~ q great dea! yc. remains unwritten. The
New York Sun, esdcavoring 10 make the re-
| cord complets sent reporter to see Jay
Gould and risk, with reference to the Corbin-
| Butterftld defence. The revelations are fresh
| and startling. Mr.. Fisk stated explicitly TINT
Corbin, Of his O,on accord, offered his influence
| ,oith his brother-in-ld,o, President Grant, for
sale, and that he had received, to his tFisks)
\ own knowledge, two checks-onc of s25, 200
and one of 100000.
MRS. GRANTS 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
stration with the gigantic gold operations.
The letter was shown by Mr.. Corbin to o
prominent gold specuator, who, we'll aware Of
its Importance, read II over three times. The
address on the envelope was in the Presidents
handwriting, but The inclosurc was written by
his wife, After few remarks in regard TO the
children, Mrs. Grant says:
specnlatIons He tries not to be Influenced by tilc
be closed is because Cuban matters viii soon
/ come mp In Cabinet, and the action Of our gov
ernment will influence the price OF bonds.n
| NATURE OF THE "sPECuLATIoNs."
1t appears that when the Loyal League ring
were short Of gold and urging boutwell, to sell
Mr.. Corbin, as mouthpicce Of tho bulsain gold,
wrote a letter which was sent 10 General
Grant, then in Pennsylvania, by special mes
senSer, urging him not to permit any sales of
gold to be made until November; and at the
same time wrote n letter TO Mrs. Grant, in
forming her Of the request made TO her hus-
band, and stating that II 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,
pccuniarily, for life. Whether any actual cash
has been paid over to Mrs. Grant since Mr..
Gould has paid Mr.. Corbln 100000 Mt one
time and $500 at another, docs not appear;
but it is asserted that ten valuable lots,
situated in Hudson City, lave of late been
| conveyed to Mrs. Grnnt by Mr.. Corbin. The
value of these lots Is about $40, ,O00 and rapidly
apprecIating in value.
HOW CoRBIN CANE on THE SCENE.
Mr.. Corbin's influence with the governments
having often been denied by the friends of the
administration, Mr.. Jay Gould publishes In the
New York papers the particulars of tho up
pointment Of General Buttcrfield as sub
treasurer, which was entirely Corbln's work,
as appears from the following succinct recital
Of events:
! CoRBIN OSTRoIs THE APPOINTMENT.
| The first Mr.. Gould saw OF Mr.. Corbin was in
the latter part OF May last, when Mr.. Corhln sent
street, regarding the appointment OF suT,treas.
Gould that he could control the appointment. and
| wanted to know how he and Mr.. Could could
Gould understood that the appointec was to be-
| Mr.. r. b. Catherwood, the son-n-aw Of Mr.. Cor
bin. AZ second interview MI. oorpn informed
fearing that his connection with the Presidents
family might bc the subject OF scandaous com
field as the appointee. and could get letters from
Mr.. A. T. Stewart and others, which would make
eon spro M in G asa sea ,a
%I,s Owped him and that he had consult.
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
count OF Mr.. Corbln and Mr.. Butterheltl. Mr.
Butterfield gave Mr. C0rbln u letter asserting to
cobn to bot Mn Gould aad % pS
| Shortly after this Mr. Corbn requested Mr. Gould
| to meet General Grant at his tMr. Corbln's) resi-
dence, which he did, and subsequently accompa-
MED the President to Boston, where he attended
the Peace Jubilee: On the way Mr.. Gould spoke
| General ButtertcId, and Immediately after tile
Presidents return tho appointment OF General
Butterfeld was made public.
PuhPING THE PRESIDENT.
Some time in July Mr.. Gould again met Geiferal
Grant at Mr.. COrbin's house, by Invitation Of Mr.
Corbln. In the evening Mr.. Gould accompanied
opera.Hiouse and left them there, returning II him. inn
self to converse with General Grant. lie 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 first OF
! lions o month. Mr. Could then asked how he
nd 0ban s
nue receipts were unexpectedly large, and the
currency balances IN the Treasury would be SUM.
cient without selling gold Mr.. Gould further in.
which the PresldeIt replied that there were fioR m
twelve to aisesn million going out In pensions and
cy from thirty millions to fifty.1i's a 3l
OPERATIONS 0oMMsNcRD-THE FIRST rooL
Shortly afterwards, on the strength OF this In
formation, Mr. Gonld purchased 81, TOO 600 OF
government bonds on the joint account OF him
seli, Mr. Corbin, Mr.. Catherwood and General
Butteracld ..
ANAkdiN oP S12, 900 FROM. GRANT.
Mr.. Corbn stated TO Mr.. Gould that he had re-
ceived margin OF ten or twelve thousand dol
lars from General Grant, with which to carry
$500 GU OF government bonds, which Corbin said
Messrs. Stone, Nchols''& Stone, Mr.. oorbin's
brokers.
|. PiAAlE or aRAsTs BOND oPBRArioSs.
| Mr. Corbfn said that'he was anxious to return
! the money advanced by General Grant, and to
| show him profit on the transaction go far as 1t
| had gone, and desired Mr.. Gould To pay Stone,
! Nichols d Stone one per cent more than the mar
ket price and then to carry the bonds for the ac-