The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1871-11-11
A Startling story.

BOuiwelI's Financial Plan the Inven-
yeuIiOn of a. sidc-Wh isikereSi English
nlHn who Writes His Same in the
Middle.
From the Cincinnati Commerciall
New YORK, Oct. Z9.-On Friday evening,
as Secretary Boutwell, entered SIeInwsy Hail
II deliver a lecture, a summons WAS served
upon him u the name of Is. Z 1T rd CALVIN,
Ed, by Counselor William Ii. SchoCley--
Inc " rit was based civil suit COM
laenced by Mr.. GAVIN wherein he claims
two millions damages. The plaintiff serl-
uusiy alleges that the financial policy carrier
Uut by Secretary Boutwell, is his property
that B 'utwell agreed to a. hlm just con-
sideratIun iUr suggesting the satne aud that
the Secretary - cuueavofluS TO del aud HIN
ui his honest ,ues.
Mr. Calvin is an Englishman, and has
made some reputation IN his native lAud and
IL Canada as d 6udncier. lie was loug cou-
nected With the Bariugs Of London. ami sue
CeSsfuI'y resisted the famous Grand Trunk
halfway bill in the Canadian ParllaMent.-
lis resistance saves Gl 5,Oi o GOO TO the
stock holders Of the Grand Trunk Railway.
He came to this country In july, 1867, ON
business Of his own connected with railways.
Bong a fuaucIsr, he naturally turned Ills
attention to the embarrassing condition to
been reduced. lie eliminated grand scheme
fIr equa!iZing the value of gold and curfeu~
cy. which he considered the true secret FOR
securing the prosperity Of the country.
Ii September, 1868, he had natured his
piaus. aud iu June, 1860. lie wrote to Sec
lctary Boutwell,, Offering to submit 1t TO his
Consideration. BJutwell paid no attention
to the communication. aud ih July Mr.. Gal
vim went to Washington. lie called on Sec
retary Boutwell,, seut IN his card, aud was
admitted. the two, however, ere unable
10 come to terms. and Mr.. Gavin lett with
out communicating his plans. Atlerward
MIR. Calvin was brought 10 the recuieCuun
uf the Secretary by Mr.. Ephraim 1rIPp- of
Boston a personal friend of both. Through
tnIs gentleman Boutwell, sent request to
Mr.. Calvin To submit lis llaus, ana if they
were adopt he promised liberal compenSa~
ton. lie likewise hIuted at the possibility
vi appointing Mr. Calvin to POSITION in
the Treasury, should his ability prove eqIai
20 the recommendation of M, TIipp. Ga
the faith Of these promises the tinaucIer Wis
iLud the Secretary at his residence III Grutuu.
and gave Iii II copy. of the plans, at the
same time explaining aud celebrating on their
"details. Boutwell, received them, and prom
led Il careful cX Xtmiuali,n n, and ibeIaI pay
mcnt in case they were adoi ted.
This was Srpteuber 18th 1869. SncrC>
tary Boutwell, came To New York and went
hence to Washington. y p, rtion Of the
agreement between him and Mr.. Calvin was
that the latter should be notified, in case Of
the adoption of his scheme. at least teu days
l. fore it went into operation. Boutwell,, at
Washington, made his beasts that lie had
Il lancial scheme which would redeem the
credit Of the coGntry, and bring gold event
uaiIy oD par with greenbacks. On the 25th
u September the scheme was put in opera~
ton. 1t was Mr.. GIlvin's plan from FIRST to
last. On the very day of its Inauguration
tue Secretary wrote his only letter to the
fiuancier whose brains bad furnished him
policy. lie said in that letter that Mr.. Gall
WINS plans were not admissible.
Mr.. Calvin wisely kept quiet for a month
until the plan had been fairly tested, and its
feasibility demonstrated to the public. Then
he IUOk means to recover his documents and
t. force the Secretary to fulfil bis promise of
compensation. His letters to Boutwell, re-
manned unanswered but he finally got pos
session Of the plans. and then he determined
t0 appeal to law. An attempt was made to
arrest Boutwell,, in Chicago. in May 1870.
but he escaped by reducing his anticipated
visit Of ten to three days. lie has not been
within reach Of Mr.. Calvin since, until the
Dist of September last, when he was in this
cIty. The prospect is that the Secretary
may soon find himself in hot water.