The New York herald., 1870-01-24

TIE Late Geld Csrusr-vSsk and Osuia
Before the Csssressssaal cs..sstee.
That disastrous ''black Friday" TO the Wall
street bull ring on their gold corner, and the
parties concerned in blowing up the bubble,
are undergoing at Washington Congressional al
investigation. On Saturday last Gould and
Fisk, Of the Erie Company, were before the
inquisitorlal committee, and the substance OF
their testimony is that their grand experiment
was made up Of moonshine and green cheese.
Gould, it appears, after mature considera-
tion Of the subject, gave it as his opinion that
'sal efforts to link the name OF the President or
Secretary Of the Treasury with said gold cor
ner were malicious fabrications; that he be-
lieved neither of those officers knew what was
going on in Wall street" In the running up Of
that rascally corner.
Fisk, however, who appears to have been
the head devil Of the ring, had his own story
to tell. In September last the Erie road was
hard up-it was out Of everything and was
losing money. He saw chance Of making
raise on gold, and he resolved to 60 in.
Gould seconded the motion, for he had seen
Corbin, and gave Fisk letter to Corbin and
that Fisk, after full consultation or two with
Corbin, was assured that he (Corbin) was all
right behind the throne. Then there were
more conferences with Corbin; and Fisk
naively says that while talking with Corbin he
felt all right; s'but as soon as he was away
from him he did not feel SO brave, and found
himself getting shaky." AT last, to remove
all doubts, thai special messenger Chaplin was
sent with letter to the President, then at
Washington, in Western Pennsylvania; and
with Chapin's despatch that the letter had been
delivered and was ''all right" the matter
was clinched. The running Of the gold
corner and the grand smash-up, with that
famous order from the Treasury Department
to sssell four millions" rapidly followed, when
Fisk, as he informed the committee, thought
it was about time TO 20 round and ''see that
damned old fool Gorbin." II seems, how
ever, that Corbin. with his cock-and-bull
stories of letters from Mrs. Grant, and of his
intention to 60 right on to Washington and
make it all right with the President sill man-
aged to pull the wool over the eyes of Fisk and
fooled him as a Peter Funk fools green coun
try gosling. Fisk, moreover, thought that he
had been betrayed by Butterfe.d. In short,
from the reports Of his testimony, Fisk is still
as much befogged and muddled as he was
with the collapse of Cosbin and his bubble on
that fatal ''black Friday"
Corbin is the man whose testimony, if truly
given, will clear up this business. But'waere
Is Cordn? When last heard from he was out
in Kentucky, reported sick. Since then, we
hear, his whereabouts cannot be learned 1t
is probable, too, that he may not turn up until
this investigation is closed; and as it is appar-
ent that, as the Presidents brother-in-law, he
made himself the convenient instrument Of the
gold spectators in their scandalous, perlous
and disastrous venture Of September last, re-
gardless of truth, honor and decorum, it would
perhaps be as well for him never to show his
face again, except as a criminal who, from
point to point, carefully feels his way into OBJ
scuri.y and forgetfulness.