The States and Union. [volume] (Ashland, Ohio) 1868-1872, 1869-11-03

another, does not appear; Dut IL Is as
serted that. ten valuable lots, situated
in Hudson City, have of late been
conveyed to Mrs. Grant by Mr.. Cor
bin The value of these lots is about
$4,000, and rapidly approaching in
value.
HOW coRBIN CAME On THE SCENE.
Mr.. Corbin's influence with the
government having often been denied
by the friends of the administration a
r preventative of The World yesterday
asked Mr.. Jay Gould whether he had
any evidence, at the time he gave Mr..
Corbin the checks for 1925 900, that
Mr. Corbin had any Influence with the
President Mr.. Gould at once called
our reporters attention to the appoint.
mcnt of Gen. Butterfield as Sub
Treasurer, which was entirely Cor
bins work, as from the following sue
cinct recital of events.
CoaBIN CONTROLS THE PRESIDENTS
APPOINTMENTS ! q
Mr.. Corbin, who had known Mr..
Gould ever since the election Of Gov.
Fenton when the latter so signaily
overslaughed Ex-Governor Mor5aH,
and knowing Mr.. Gould to have inffu-
ence with the newly elected Senator,
whom he (Corbin) had opposed, sem
for Mr.. Gould. They had an inter-
view al Mr.. Corbin's residence. No.
81 West Twenty seventh street, con-
corning the appointment of sub-treas
urer of this city,. MIR. Corbin repre-
sented to Mr.. Gould that he could
control the appointment, and wanted
to know how he and MIR. Gould could
make money by having the inside
track.-Mr. Gould understood that the
appointee was to be Mr.. r. B. Gather
wood, the son, in-law of Mr. Corbin,
Sir. Cartherwood was ar old friend OF
Mr.. Gould, and the latter was anxi-
Gus for his appointment MIR Gather
wood told MIR. Gould that he would
take no action in the matter without
first consulting with ,ir. Corbin.
At a second interview Mr.. Corbin
informed Mr.. Gould that he had drop
ped MIR. Catherwood, fearing that his
Corbin's) connection with the Presi
dents family might be the subject OF
scandalous comment, and that he had
fixed on General Butterfeld as the
appointee, and could get letters from
n. L. Stewart, and others, which
would make money things easy and
natural.
Mr. Corbin then requested Mr..
Catherwood to fetch General Butter
field to him, but Mr.. Catherwood re-
fused to do so. Mr.. Catherwood af
forwards told Mr.. Gould t at lie had
been down town. and after the inter
view between Mr.. Corbin and General
Butterfield, the latter gave Mr.. Cor
bin Il letter asserting to the agreement.
Shortly after this Mr.. Corbin re
q~uesteu Mr.. Gould TO meet General
Grant ut his (,ir. Corbin's) residence,
which he did, and subsequently ac-
compan;ed the President to Boston,
where he attended the Peace Jubilee.
On the way Mr.. Gould spoke to Gen.
Grant in favor of the appointment OF
General Butterfcld, and Immediately
after the the Presidents return the APP
pointment of General Bultertield was
made public.
PUMPING THE PRESIDENT,
Some time in July Mr.. Gould again
met General Grant at Mr.. Corbin's
house, by invitation of Mr.. Corhin.
In the evening Mr.. Gould accompanied
Mrs. Corbin's and General Grants
children to the Opera House and left
them there, returning himself TO con
verse with General Grant. He asked
him what would be the financial pol
icy of the government, and the Presi=
dent replied that, as ne was anxious to
secure high prices for farmers produce,
no gold would lie sold before the first
of Noveml er, except the regular sales
of two millions a month. Mr. Gould
then asked how he would obtain
means to purchase government bonds,
and his answer was that tie internal
revenue receipts were unexpectedly
large, and the currency balances IL the
Treasury would lie sufficient without
selling gold. Mr.. Gould further in
quired how he eXIe ted to keep money
easy; to which the President replied
that there were twelve to fifteen mil
lion dollars going out in pensions, and
that he intended to increase the irac-
tional currency from thirty millions
to fifty.
THE OPERATIONS coMMENcE-THE
FIRST POOL.
Shortly afterwards, on the strength Of
this information, Mr.. Gould purchas
ed S1,700, 900 of COVE. nment bond:
on the joint account of himself Mr.
Corbin, Nh. Catherwood and General
Butterield.
A MARGIN OF $4,000 FROM GENERAL
GRANT. ~
Mr.. Corbin stated to Mr.. Gould thai
he had received a margin of ten Dl
twelve thousand dollars from Genera
Grant; with which to carry S30h,00(
Of Government bonds, which Corbir
said were held for the account OF Gen
eral Grant by Messrs.S Stone, Nichol:
& Stone, MIR. Corbm's brokers. -
FINAL OF GRANTS BOND OPERATIONS.
Mr.. Corbin said that he was anxiou:
to return the money advanced by Gen
Grant, and to show him at profit OF
the transaction so tar as it had gone,
ana desired Nr. Gold to pay Stone.
Nichols & Stone one cen more than
the market price, and then carry the
bonds for the account of Genera
Grant until they should reach 49,
without having any other security