The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-10-24

.Pressneat Grant spi Elf. NeHSdf. Z
The NSn York AIpfsxid pnbi biishes tths
following coSf Sfespondsacs 8
Id 2OFzton OF TAE nDeHR, &
C0RaER SPEUoE AND Wn1IA,r HTs, x
a NEw YORK, October ii, 1859. s
Ny DEAR AENERAD: lAa Z stafed TO you
Immediately after your election, that
there was no Office which I desired either
for myself or any friend, II have had no
occasion to write tosIyou in regard to
such matters. There is q matter now,
however. that concerns you personally,
and in which I feel that I discern your
interest 80 plainly, that take the liberty
to write 10 you with reference to it. I
do this with less hesitation, because YOU
did mo the honor after your election to
confide, to me pretty fully your views.
In the present disturbed state of the
public mind concerning the recent gold
combination, is it not the quickest and
surest way to set Mt rest the great excite
ment and uneasiness which prevail, for
you to make a brief denial over your
own signature of all foreknowledge of
that combination, in order to relieve
yourself entirely from all responsibility
for the acts of others? OF course, those
who know you personally do not require
such disclaimer; but the great public,
whose minds are liable to be warped by
the determined and persistent efforts to
injure you, will be, it seems to me, at
once satisfied and quieted by such state
ment. Sincerely yours.
PRESIDENT GRANT.
WAsHINoroS, D. c., October Is, 1869.
Robert Bonner, Esq.-DEAR SIR: Your
favor of the 11th instant is received. I
have never thought Of contradicting
statements or insinuatiOns made against
me- by irresponsible parties, as those are
, alluded to in your letter, but rs you
have written to me on the subject, in so
kind spirit, will say that 1 had no
more to do with the late gold excite
ment in New York city than yourself, or
any other innocent party, except that I
| ordered the sale Of gold to break the ring
engaged, as thought, in q most disre-
putable transaction. If the spectators
had been successful, you would never
have heard of any one concerned with
the administration rs being connected
with the transaction. Yours truly,
U. S. GRANT.
n. B.-I have written this in great
haste, and without exercising Judgment
rs to the propriety of writing it. but I
submit it to your judgment. U. S. G..
We think it evident that the President
did not exercise judgment as to the pro-
priety of writing this note for Mr.. Bon
ner. 1t is better for the Ledger than for
the President. The World, whilst ac-
quitting General Grant of any conscious
completely with the gold gamblers,
thinks it plain that he was the dupe of
artful men. The Worldpresumes that Mr.
Corbin-the Presidents brother-in law
had obtained from General Grant the in
formation under which the gold gamblers
acted, viz: That the Treasury did not
intend to make any large sales Of gold.
This information, the World presumes,
was either fshed out of General Grant,
or was unconsciously given by him,
without suspecting what use would be
made of the knowledge Thus having
unconsoiously caused the speculation,
the President consciously intervened to
break it down, in order to protect his
own reputation against injurious suspi-
cions. Such, at least, is the version of
the World, and it seems disposed to be
fair. On the question of General Grants
explaining himself to Mr.. Bonner, the
World says:
eve quite agree with the opinion, or
rather the misgiving, expressed by Cen
eral Grant, in his postscript, that he has
made this reply to the friendly officious-
ness of Mr.. Bonner, without exercising
Judgment rs to the propriety of writing
it. Mr.. Bonner evinces his usual
shrewdness in contriving to exhibit him
self in the Ledger and las tho CORES
pondence is certain to be universally
copied) in oil the newspapers of the
United States, as standing on footing
of close intimacy with the President OF
the United States. But the advantage
of this pleasant billing aud cooling is not
mutual. President Grant, without
exercising Judgment unconseiously
lends, himself to promote the interests
and reputation of an enterprising Jour
nalist, much as. equally without exer-
cising Judgment or knowing what he