New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-10-23
GRANTS STOCK JOBBING.
THE RECENr ALTERATIONS Inn wALL-sT.


THE RECENT OPERATIONS IN wALL-ST.
FIFTY MILLION DOLLARS PROFIT TO TIE IA
yOBED FEW-A SPEECH ON FINANCES DE-
LIvERED BY THE HON JAMES BROOKS ut
NEW HAVEN.
On the 18th inst. the Hon. James BroOksad
dressed the business men and others Of New Haven upon
notifies as connected With business and in the course OF
his address spoke as follows
GENTLEMEN: The currency OF this country has been
co ordered or Il so disOdered 10 give the fewes-
pecaIly tho few in the secreta control Almost absolute
over the nominal values the pricos and the exchanges
OF property or over gold and silver the representative
OF The property recent operation IN Waist one OF
the worst have ever known there VIII best Illustrate
what mean Combinations are made there 10 make
greenhaeks and gold scarce or plenty 40 ho Hpc'un-
tors desire Under a weIl-Ordcred currency, with
an honest Straightforward administration of II, no
three or men, matter II great CAPITALISTS cou
make money scarce or plenty. Well oct A. grrehoacAs
and gold having been made scarce In Walsh aillho'S
OF course gold being high and stocks low, The Govern
ment was invoked 70 Interfere. not going mere 10
dwell upon that interference, the peril OF IT, sOiet"e9'
and the power ofit all times IL am not going TO sy
was wise or unwise night for on al that men
may differ but / guing TO mako an ezposc' upon
which honest men cainO; differ. lam going TO show that
the Government or tie Administration OF the Govern
ment Oct l. did not deal fairly with the country, dld
not deal fairly with either Republicans Democrats III
concealing from all making known only Ia few on
Friday and Saturday. what it did and intended to
do. on the Monday following
TIE sECRET KNOWN 10 A Fzw.
Oct T. two DISTINGUISHED ccutlC eu--,stinGuishcd
for their operations in Walst. and in WasingOn-~ere
in consultation with tie Assistant Secretary OF the
Treasury be Secretary rot being IN Washington admin
iserng tie but in LIS more APP oprate Gaining
OF sumping IN Iudiaua). Mr. Boutwell, Is 4 bitter parl-
sau-a faIatic in Whatsoever he believes, and ever
Ida nd
but he never makes money for himself in administering
the Treasury, or knowingly allows others TO do SO.
though others frequently use him. What wac agreed ~
be done on FRIDAY and Saturday IN Washington would
doubtless have been done, II Dir. BOutWel had Lecn
attending to lis TedsuIy business, in lieu Of stump
ing In ILdana; Tut 1t would have been done fairb'
openly above board for the ben az Of all pubeans
In Waist well fer all Democrats. whereas what was
done was done by Gen. Grants interference with
the Treasury upon the solicitation OF two Nev-YOrk
bankers and brokers' and the fact was kept secret rom
all Others but their clique, until the Monday follow
ing The Government operators in the secret began to
operate profit their secret late FRIDAY aiter
noon and they had from Friday. Oct 4,to Oct 7-Moh-
daysecrety operate in, not only In HtwIOik, but ID
New-Uayen Boston, Philadelphia, Baltimore, Chicago,
and elsewhere. On Saturday other Waist. operators
began 10 sec the operations OF the pets and avO-
ties Of tie Government that something was IN tie VINO
aud some followed suit, and prOfed thereby, but the
secret was net publicly known to the Whole Street. OF 10
the country, TIL Oct. Monday.
now IT BECAME wOETu MILLIONS
tie great ret, that iEvniUable secret
by the possession which millions could be made AT tine
expense OF a country kept ignorant Of tf Mr. Boutwell,
in September had given ont hs usual notice In advance
OF how much gold he would sell In October, and Low
much bonds he would buy. That notice purpOrng
10 DC published good fAth which all operators IN
gold or buyers Of bills Of exchange ecu rely; Duth
turned out to be only delusion for Monday Oct T. Il
was officially announced that the GOyeTnmenI would sell
5000 900 In god aud buy s5OOO00 IN b0nd III add non
10 tne official notice heretofore given. TIE erect wds
electrical IN Mallst. aud not on there, Out among
.oueypd men all over the country, with the add Ona
Lnt that IN this did do for the culatOrs ~ OOOOO
OF creenbacks would he rrssued to hde the currency
Now am not going to In uiRe in any cure OF speech
on the table hold in hand, AMI that am about 10
submit to YOU but In figures Oi factl geDraic ngures,
mathematical GCm1nstTa men eau no more DO
dened than that and two four, or three ami Two
are i've. 1 going 10 show that the possession
of this secret was worth millions % somebody,
and the possnssorl OF IL, have no doubt,
made u million AT leas-nOt at II may be, for them
Seveor cleo ion TOOK place IN Pennsylyania on the
Tuesday ensuing with what results, Elected by money
and fraud. You well informed 40 am. The table
below shows movements In stocks from Friday, Oct.
4th, TO Friday Oct Is ne day am addressing you here
IN NeN-I vBul. and tHe prOfs o. two weeks speCula-
ton L. s0mebOdy-ile cef prohs Of which, doubtless
were 10 those whJ had the neat secret Of Friday.
OcTOnrR 4 TO OCTOBER fg