The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1869-11-03

writer.
The Gold Ring Latest Development.
We have published several state.
ments from various New York papers
in reference to the controversy as to
the completely of certain of the off,
cials of the Administration with the
late "gold ring" and movement. The
New York World contains The follow.
ing summary of the controversy
eff Mr.. Jay Gould has made false
statements, it is possible to prove them
false. Until such proof Is furnished
the recent gold speculation muas
scem to tho public TO-. be brought
scandalously near the doors Of the
President. The evidence of his COM
plicity is not conclusive, but unless Mr..
Gould's credibility can be shaken and
destroyed, the President must stand
before the country In a most unfavor-
bic light. Mr.. Gould does not deal
in vague assertions. His statements
are definite and specific, giving names,
dates, and circumstance; and there
fore admitting Of easy disPfoof, II
they are not founded upon faots.--
Until his credit as witnessSis SUCCESS.
fully impoaohed, the transactions
must have very ugly look. Mr..
Gould asserts
"l. That his intimacy with Mr..
Corbin, Gen. Grants brother.in- ~,
has been CLOSE and confidential, and
that, during the summer, their meet
ings and interviews were almost daily.
s'2. That Gen. Butteriield was ap.
pointed Assistant Treasurer by Mr..
Corbin's influence and with view to
favor his speculations; that il was at
first intended that Catherwood, Cor
bins son-in.law, should be Assistant
Treasurer, but it was thought that
this appointment would be attended
with too much danger, and Gather.
wood was brought of by promise of
fourth Of the profits made by
Corbin and Gould. Butterfeld was
pitched upon as q man we:a, calculated
to cloak tho contemplated speculation.
"3 That Grant advanced to Cor
bin 1000 or $4,000, to be used as a
margin in speculation in bonds, and
that Corbin's brokers purchased $780,
600 worth Of bonds, to be carried
with this margin on account of the
President.
90. That Nr. Gould had a personal
interview with the President in the
summer, at Corhin's house, in which
the President told Gould that
no gold would be sold before the lst
of November, beyond the regular
monthly $4,000, 900, andthat this in
formation was the basis of the specu.
lation.
"5. That Mrs. Grant was in the
speculation; $4,000 of gold having
been purchased on her account at 1872
which was sold when the price had
risen to 1877, and the profit, amounting
to $4,000, was remitted to her.
"6. That when Secretary Boutwell,
decided to sell gold and break down
the speculation, the President gave o
permptory order to Boutwell, forbid
ding the sale, and that order was Civ.
On at the instigation Of Corbin. a,l'
"7. That the final order for the
sale Of gold was not given until after
Corbia had represented to the Prssi.
dent that he was out of the specuia-
tion."
The New York Espress says: eff
Mr.. Gould Is not romanoing, he tells
story concerning the recent gold
speculations in Wall street which, to
say the least of 1t, Is singularly incon-
sistent with the Presidents recent
letter to Mr.. Bonner. These develop.
ments are very damaging and very
disgraceful as they stand, and if any.
body can show chat Mr.. Gould has
been drawing his imagination for
his facts. tho sooner the task Ia enter
ed upon, the better for all concerned" )"
CHUncH ARD srArs--THE RoMaa
CoUNcrL. Tho probability that the
, coming Ecumenioal Council may dc,
clare The Pope true autoorat Of souls
IA ruler whose command of any .des-
oript;on It would be eternal peril to
disobey has attracted some attention
from German Governments. Theae
Governments are on their guard
against danger to their sovereignty,
and eager to prevent the very ineep-
tion OF disturbances. Hence 6 one Of
them enquiring Of the shso!ogiang in
it's limits what would be tho effeot
upon the relations OF the Church and
State II the Council ehould dealare
the infallibility Of the Pope aa Is dog
me- Of the faith hss received for ass
swer that in snoh q case allegiance 20
the Government when in collision with
the Pope might not be regarded as o
plain duty by believers. Now, there
are several Governments In Europe
that are strong enough not TO permits
their authority 10 beqasstionod, oven
;,, Iu ;nt a,.a.t, x.c S4a,S, u ss. Il s.