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

$500, 600 in gold at one time, which
he did, at the price of 1872. When
the market had advanced Mr. Cor
BIN directed him to sell that lot. echich he
SAID 1cas for the uccoumt of 1frs. Geneaal
Grant. This was the first intimarion
that Mr.. Gould had received that the
President or any of his family were
interested in the ma. ket. He sold the
gold accordingly, and gave Mr.. Cor
bin a cheek for $4,000 on September
6--Their interviews still continued to
he very frequent, morning and even
ing, and at several Mr.. Cathcrwood
was present
That Boutreu Dinner at Dezmonico's
In September they discovered that
n number of bankers and brokers ard,
who were SUPPOSED to be very iniu-
entail with Secretary Boutwell,, had
undertaken to bear the gold market
OH a large scale. After they had made
enormous short sales, this combina-
ton sent n of their number to es-
cort Mr.. Boutwell, to this city, and
arranged to give him a handsome din
ner at the Union League Club, where
they eXerted their utmost influence to
induce him to sell gold.
Cor6m Checkmates She Short interest"
Learning of this movement, and in
order to checkmate it, Mr.. Corbin
procured from General Grant d letter,
to be delivered to Mr. Boutwell,, per
emptGrily ~instructing him not t. sell
gold.
COrbin Diatrmsts his o,cn Appointee.
This letter Mr.. Corbin gave to Gen
eral Butterfield, with instructions to
deliver it to Mr.. Boutwell, on his ar
rival /; but various circumstances hav-
ing excited Mr.. Corbin's suspicious
that General Butterfcld was playing
him false, he proposed to Mr.. Gould
that a safe messenger should be gent
to General Grant with a letter from
him (Corbln) which, he said, would
settle all of them.
This letter he read to Mr.. Gould
who thereupon sent William o..
Chaplin to Washington, Pa, to deliv,
err it. Mr.. Corbin afterwards receiv-
ell n letter from Il member OF General
Grants family, in which the writer ex-
pressed great anxiety to have these
speculations closed
Cor5in Wants TO net out at 14l.
When gold reached 141 Mr.. Cor
bin informed Mr.. Gould that he
had just sem n letter by mail to Gen
eral Grant in which he told him that
he was out of all spcculations, either
in gold or in bonds, and that az an
impartial observer he was decidedly OF
the OPINION that would he very danger
i to cell gold. He then said that at
the present price of gold there would
be about s150,0G0 profit; that he
wished Mr.. Gould to give him check
for that sum, deducting the S50,n00
loss on the bonds so az to confirm his
letter, although it was written for Ell
feet. Mr. Gould replied that it was
utterly impossible for Mr.. Corbin to
be entirely clear of the speculation I'M
til all parties interested had sold out
hut consented to give him a check for
SlC0 900 on account. and he (Corbin)
said he would immediatel write Il pri
vate letter to the President explaining
his real position, the other letter being
intended for the use of the Cabinet
meeting.
Grant Counte rmands an Order for the
Sale of Gold.
Some time before this Mr.. Corbin
told Mr.. Gould that an order had been
actually issued from the Treasury De
partment for the sale OF gold, and that
General Grant had countermanded it
on receiving a letter from him relating
to the subject.
The Operations at the Su6-trcasurp-Re-
port of Jag Goald's attorney.
The following report of Frederick
a. Lane, attorney Of Jay Gould, is
now on file in MIR. Gould's office:
New YORK, Oct. II, go.
Jay Could. Esq.
DEAR SIR: BY your request and
acting as your attorney, l called on
General Butterfield Sub Treasurer, ut
his office, on Saturday, 10Th day of
September last. | stated to General
Butterfield that had l called in refer
ence to the one million ADD n half dol
lars of gold he had in the pool, which
| Hith commission and interest, stood
in about I40 per cent l told him
that he must either put up more mar
| gins or take up the gold entirely, or
it would be sold out for his account
and to his name.
The General replied that there vas
some misunderstanding if you bought
for him and while he did not admit
his legal liability (for they did noI
have his signature TO anything, nor
did they have a scrap of paper in his
hand writing), yet, whateyerhis friends
had done for him he felt in honor
bound to stand up TO, and he would
do SO | beg leave to state that the
General must excuse me from giving
his exact words, as | is COZ, eresation
was so interlarded with profanity that
no gentleman would repeat it, He
said he had given orders to sell out
his interest in the pool some days be
fore and that he thought " that gray
head fellow" would play them false
and sell them out if they did not look
out. He asked me if | had seen Cor
bin mp there, and added:
They had better keep an eye on
him."
In the afternoon when I called,
about twenty minutes past two O'Clock
I found General Bntterfield with his
hat on ready to go out, He told me