New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-25
action of our Government will influence the price of


bonds.
1t has been denied, apparently upon the highest au
thory that Mrs Grant wrote anything Of the KIND that
she wrote Mr. COrbin any subject or that she
wrote anything to any member OF the family when
could possibly be twisted tortured into any such
sense the Gold clique endeavor TO convey For the
existence OF the letter have nothing but the bare
word Of Mr. Could who says that some man, not nameu
told him that he had II, and its purport was Us
above stated In view OF Mrs Grants explicit denia "o
think the public cannot hesitate which side to believe
Failing IN their effort to obtain pledge from the Pres
dent the Ring at last resolved 70 take therlsk ana go
ahead They pushed forward their operations Tor TOTO
ing up gold but at the same time took eATaoruin"ty
precautions against tho anticipated danger that the
might order the sale OF of the surplus
millions I'm the Treasury and defeat their comp
nations To obtain the earliest Information Vi o
from Washington, article in The 1'meS winch - s.
rally regarded as equivalent TO ueh Du''o' ~
side of the story. states that they tappou 'no
telegraph wires beween here and Washington
,,,aood ON e1nert operator In the telegraph
office in York where he could hear the Click OF the
Instruments and read any message by the SOUND ana
also stationed Erie clerk behihd zen butei'o"
chair in the sub-Treasury Office with orders 10 reau
every letter. note, dispatch, or pencinark that cae
into the Generals hands Whether the wires could nave
been tapped OF messages read by the ear In tho manner
alleged are subjects OF dispute among experts but py
some means It is asserted that the Ring got Intelligence
of Secretary BoutwelPs order to sell gold % minutes
before the order reached Gen. Butterhed. The Times
article tells the story as follows;
An the secrets OF that eventful Friday may be
safely discOsed but ono which has thus far remained
secret OF the Ring DO fully ventilated At li5o a. IN
gold was lG2-s highest point between tnaJ e , a,d
Ring unOaded sGSOO0O gold ~ hgufes varying from l9
TO 1871 On that amount were their great prOhs or one
half the sum they calculated upon On the remainder OF
their sllO,OOO0O0 what was not repudiateu was COIN
promised 1875, remains in an unsettled state
TItp ugstin Tisaa
such vast amount from the time II WAS AT us hghest
point till the moment Gen. Butterdeld made the Oucla
announcement that Government had ordered sale OF
siOOOOOO the following dayi They must nave had IN
formation Secretary BOutwes order previous 10 us
reception at the Treasury building for their design was
carry gold to 20 by Saturday nOon ana unload durlnS
that afternoon aud TO close it at pm OF Friday ut 49,
or near that figure AS il was they had full % minutes
margin to operate in to their advantage ana prom from
the time that men knew the order made until the
moment in which Gen Buttereld opened the Secretarys
dispatch in the northwest room OF the Treasury.
We have already cited The World saying that the
sole value OF Mr. Corbin to the bulls lay In their beet
that he knew the Executive mind nexrthat he was will
ing to sell that knowledge for share in the profits Of
a commercial speculation, and thirdly, that tho Presi
dent was willing to have him" How Mr. Corbn man
aged TO induce ths belief thus set forth by Mr. Could
Mr. COrbn represented that he had influence enough
with Gen. Grant TO the appointment Of the Sub
Treasurer for this city, and in concert with Gould
selected Gen. Buttertied for the place, with the
understanding OF course that Butered should assist
them in their speCulaOns In bonds gold Gould ac-
cOrdngy met the President At COrbns house last june
and spoke In favor OF Buttereld, and aferward
Bueraed was appointed In July no met the President
again al the same place. and questioned him about his
financial policy Soon afterward he went INTO specu
atlOn in Government bonds purchasing HOO0O on joint
account of himself. Corbin, Butereld and Mr.. Cath
erwOod who Is Corblns sOn-nlaw. Mr.. Corbn asserted
that had received margin Of $1,000 or $4,000 from
Gen. Grant with which carry 100000 OF Government
bonds held for the Presidents account by Messrs Stone
Nichols Stone. and persuaded Gould to buy them OF
these brokers for 5000 than they were WORTH and
carry them until they should reach 1875. There was an
eventual loss on these transactions OF $4,000 subse
quently Gould and COrbn into gold speculations
together. and here at least one OCCASION Mr. CorDn
asserted that he was operating for Mrs Grant On Sept
Gould gave him check FOR 81 oOo, tho profits on
transaction which nc represented to be on Mrs.
Grants account On another occasion Mr. Gould
alleges that Corbin told him order had
actually been issued from the Treasury Department for
the sale OF gold. Grant had conntermanIed 10 on
evidently 10 Corbius interest that Mr. Gould should be-
leye his relations with the President aud his family
OF this character for other could lac be ad
United TO share In the profits Of the conspiracy; but
hat his representations there Is not shadoic Of
eridence even OF indirect ana circumstantbd
kind IL not even proved that he made such rcprcson
tatlons n looks, indeed as II Mr.. C0rbm merely
striker" putting into his pocket the money which
Nj Could processes have believed went to Cen Grant