, 1870-03-02

ifne oCpy o1 tne let%eE @A1cn tfote hin, ont
have not estn thar copy. The letter OF the 9Otn
OF September Eade 20 reply to.
MI. Boutw Gil has no tecollectious Of uouvc1es-
tons with Cotops L0E OF the I1Hats editorial Of
September ~ beicg autographed to Washing: On,
The Union Club dinner DID nos xprear to him
ike colceEted eCors to impreas the necessity Of
putting rod DOW, but "a friendly act on Nj,
Gfturels part.
1u PRESIDENTS srGaKa.1oNa
G. About the rluc OF snts sanic In New YORK
when The P1csidcnt was at ssr ssogs, did ne g1vc
Jon aty lnltruct.ons or sugVcatlons a 10 selling
gold a. He lever gave ne any Instructions u
10 sei!rg gold II tus time.
ee!a 70 ns r so0t 81
:ns evening q shs ii Il septs@eer, fessi7ed "a q
/ Iecoliec:: an not sule where il v WA Is
ds.ed. have not s:tn the letter s,nce
the, night ! 1ecei1ed Il: ! think It Il now
spte, I ,hlnf, q bis poIpose Of re:urainE 10
washington ard EXPRESSED ao ooinoa that i, Fas
Of tde inporssEce 70 the West of being aa,s to
ehoald i,ll tue Wess voolo iuder. and tne move
nens Ct the CROPS Would % Fetsrdtd. Tae tm-
PRESTON made upon ny mind By the letter was.
that be nad Fa.hsl strong op!nlon u sha: effect,
10 desire to control ny pur0oss ID regard 10 I tas
management Of The Trea*urJ; that he vas entirely
willing 70 Leave it Wholly IN my h2ndL
ceTe any ea7ees;ioas from hin on Inc tnosect7
4. lie afap EIoto me Letter, which I hava Gt,n
ns rhs letter ,on roz e1n,h,t tn N. o,r,n,,,..
IL 1ne orig ra letter! A. Yeg III. i IL tne pras'
dtnt's wrlt1ng. slthouga wnen LETT Waening,on.
Win Jncee RcSatdsoh thai ma .aie. ~ s,n;S ,
te pcrnose Of The njnenr fond 800 ~ - ~ ".
ne nGnth OF September: tha: any addiIoual
DEED al sio.p ve have proceedfh nnnn rso Nv. ~
that sales loI 1ae sink1nr fond snou BE- msds n
apy cttcums.at ces We SUPPOSED 1oold pe likely to
Int n I'm Eroet
o. lie e5sneE Of 1ne III Of tf.sr tes
srsehed 10 j1dge R:cbsrdion sais de..n,tce.
5end no order 10 Dat eTret "a u ss1.s * w.;
WA TO lilt ihe pyop5ssls ,or the Inie nf g ~
sirkiIa iurd. ~ 'a'es u solo 'oe Inc
O. Do you mean 10 say, preytous tn mi. ,e,tsr
OF September 1, thar you hsd ordered the eaie Of
tscs pou Ct tna, letter 1o1 rsSosed tne Sas
confined It 10 the pure 1ast Of oocdj for The hinS
4 fpna: a; Yes: / fe1s .nis despatch, vnicn f;l
gold over md ntoye whit Sas nrrsaa.r, foe ~ p
gtrkr9 tund for that month, sIcent thst St NJ NJ
Spinner maze @ sq5ns ,a.s month sss ss!ss :, aa
dol:a17 which se had Collected as inieses. on iua
pcnds already owned 81 lie g3sernmen;s W 'A0
with the npRreston Of tas Presldsnt nnI ~ nnss
down the prce Of poid. Il. The snsuestton Of
tse Eresiasrs mi hs fa "a lie o1see 81
cropa from she West led mn TO connIe1,nsnd ;ae
order lor that month, 70 fat ~ It aahor1z s,i any
fQpQ bGfONQ what Wan DeCGAsafF slnki1p
iunc. ''e4H
G, How did yo1 consider lhtg letter Of the 18th
o, September. Ia wt,ch The President said. III
would uoVe pp,n Did he mean to say he Wnulj
sut tu putsuatce OF his po;,cl that a. pot to a.
teeTcr 10 cheek the price of gold : i. / unisr.
STOOD II TO mean :a', IN tie existing cosdltlan Of
the 18Th, hc wculn ADVISE 10 change In oa. psp-
cIan1nr itr tue month of Sap.emnef. fe
@: That was the oIl5 letter 5oa received from
4. i ink 10. 49, S - >'~ - " 'Spse "o'e
@. WnAt policy do you urd. rs.spd to be re-
feried TO ii Tie Pres denl1 letter Of September
l2, eh,ch be shinl ont to be- carried ont for Sep
t.mt+r7 A. As ucdesa,eoi II, It wa9 that Do
Ho1ld allow tae exciting o1dsr To remain, whtca
al.einn'e weeks, Tor t1e teref d: of the enf,nc
fur q, during the month OF September,
q. Was the action Of the government in any
On the e4tn Of September we 'ssue,i an order lar
lhe sale of four MIL ona OF gold extra.
"a ,Gu receive any o,se; letter from the
sly suggestions flcm him IN any way wha:ese:
Ed 70 tie policy Of selling ecl1: A. No, Sir. I
came to Washington very toon after this, and the
9 sav e from sae
President willie he was At Waahirston, Penn?
Of receiving q letter from hIm- certainly re-
ee!sea no communication from him cnleas Is was
ce!seo suca Communication.
Y: Then Understand you, after The writing Of
,es fsss'a q; H. p e
Washington.
TIE PRESIDENT BEFORE sErTEABER Fl.
Wnen Ola you mett h1m ID Washington? 4.
An Lot ssle 10 Fay. TIE drat simc rec3lect
Ehvlng con:ul!auon 10 reference - the prtcs Of
stdin New Yo1ts o. thy eod. the day prece ling
The e1ploelse crisis went orer to the Executive
Mansion that evening for the pu1poAc o! Galklng
II Hktlefetce 10 tRe coefftou OF the country gru
Hg cut OF ttlH movement IN regald to tha pr1cs
CT gold.
z. What TEre bis views then? A. Hts views
E'fe tna: II tue p1ca Of gold advanced materially
tne Iext GAY hs re appteneEde6, It would be toe
nuty Of tie government to cell gold 10 Ea7e the
cous!rt ftom the 1isaster OF the panic.
Y. WHAT was the price Of gold on that day: 4.
Ny recollection Ia that II was about l4a
z. Hazii The Preslneat'S oplcion that, u51e65 It
advanced, 1t would rot be pot,ttc to sell Rold7 A.
do not thirk Any opinion was expressed OF that
pott. ku0x, shlst however, thns lne President
deprecstsd exceedingly the high price OF gold At
| the country, as DID, myself. He thought 1t Was
@. The Inference from ,aas letter or S5aiI;syI.e1
was that the Bales Of gold ouRht cot 10 he
| n,cafeds K M. sir. m mai fh,nt tns n,.st
dent fu NINE q or In nnv other WaT ind;rsteH
his desire that To,d gnouI;i al !anr. The smC1as
ton was that IT shoolo MT 81 force dawn t:stn1
TIC north al Nentemter when the rrons 100 tn
be tucyet: tnnt ,tsy rnn,d m. ~ mnvsd paU ~
uron a falitng rnsr:et AZ unnn a s,sfinns-r W.
keL ~
q did he th,,t IN mi, trtarr,au -, ~. a.,
ms r1,ra NJ noIa " ~ s e,h 'S6 ~ saS as.,
had hen fn,ss =, y, ~ nkn q, -; s1as - y
was no natural c.st fhet nnf1tied ne ,hsne4,a.