The Placer herald., 1869-10-23
PRESIDENT GRANT IMPLICATED.

cnnoti Eaquirer Of Sep ember 20 h, states
'lbat one OF the unIucky firms OF g old deal
els Smith. Gould, Martin & Co assert
that tAey hold written order from the
highest officer Of the Government (sup-
posed TO be the Presiien) to buy four
Mills Of gold, and that if balances are
not sesled, the documents will be pub
lished.' 1t is TO be hoped there will be 20
failure in the publication. The highest
officer of the Government should look
htle more closely into the operations of
his subordiusies B3ulwells order t. sell
gold undoubtedly Lroks down the market,
and this revelation Of the New York brokers
gives color to the startling suspicion that
the Secretary koowng Of The gambling
move Of his chief, deliberately resolved 10
',masa' him aaI il.
Several other dispatches Of later date have
been received and published here, il which
Mr.. Corbin PresIdsnt Grants brother.in.aw
is usmal as one Of Tho principle actors 10
the Wall street gold transactions whloh have
SO ioiurioLsly ,iiected the i1t teress Of New
\ TX bv rnining number of business firms
which for many Years past had been regard
ed N safs condition, and abuudanlIy
able to meet al domand-. A t'Isgraphio
dispatch dated Nes York O:tobsr ) b, says:
ut is stated lhat jay Could, to day, sent
notice to Mr. Corbio, President Grants
brother-in-law, that he settles to day for the
19rences on three millions Of gold and
two millions Of stock bought and sold for
Corbln aud associates proceedings wiI be
Instituted. It is claimed these d tf.rences
amount to a half million. Cohin, who is
seriously III, is preparing abatement Ia re-
ply % Fi,k's letter. Ills friends deny that
he bad any communication whatever with
Fisk on financial suh scts."
Mr.. Corbiu's denial, which has been pub
Iished over his own signature, has called
fOth another letter from james Fisk. Jr,
in rrlaton to winch, under date OF October
Gtb, the telegraph says:
"Ihe World reporter yesterday received
the following statemeot from James Fu>k,
Jr: "a II have said of this is just CON
menced SUIT against CorbIn for $500 600, or
hereabouts--tae dlllerencs on gold bought
and sold for his assoca IS. E.erything up
to recent date has been substsntated by
alG lavits. Eserythjng in the future viii he
SO substantialed; also that shall not make
"a move without iyeo or SIX atiidayts being al
ded to it, | being only one party in the
pool. There are others whose names ] need
not now mention All these things will
come in good time. Ssued Dick y
President Grant aud bis brolhsr-in law,
Mr.. Corbin, are evidenlly in tight place.
We ak how happened it that Mr.. Corbio,
who, up to the date Of tho gold transactions
referred to, had en- but Hulo known in
Wall street, doomed Up so sudicnIy as lbs
master spirit in gold speculai 10 ;, amount
ing in the aggregate to many millions? The
answer is easily given Mr.. Corbln is the
broiber-iu law Of President Grant, and
bence the belief is general that he had
Grants approval if not advice aud assist
aoce in the matter
The fact that President Grant, in dsre-
gard Of the examples set him 10y Wa,bng-
ton, Jefferson, Madison, Jackson and Bu.
chsnnan, has accepted every peseut offered
him, and that too, without inq0irug, or
apparently caring, as to the motives luAu-
enclng the donor, is well known.
The spirit Of iuquisjt veuess, whi ch has
often in the past been manifested hy Presl.
dent Gran, has gwen great strength 10 the
Impression that be encouraged Corbu to
take part in the gold speculations, being
quite as wiling to share profits with him as
to receive hodsrs, lands, carriages, horses
libraries, etc., from patjes desiring Cabinet
positions, foreign missions, aud other profit
able and honorable positions under The Gov>
eroment. As the honor Of our country is Al
stake In this matter, we hope sincerely that
the Presidents skirts are clear, but we must
say that, a. present, appearances cer,a'nlY
warrant the impression that he was the nd
wiser of his botherln.iaw, Colbin.-S State
Copital Reporter.