Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-10-11

wtIknE THE HONEY CONES Fnom

WHERE THE HONEY COMES FROM.
Aswindled, unsephissicated people are
not cognizant of all the ways and means
resorted to BY the corrupt party that now
rules the destinies of this country. A New
York specialize the 0lnciaasti Commercial,
noting the fact that not until Monday morn
ing last did Secretary Boutwell, announce
bis programme of selling Eve millions Of
gold that day and buying FIVE millions Of
bonds, says: loaf 7'
Yet the news leaking through favored
parties was buzzed throughout Wal street
on Saturday, as attested by your special
dispatches sent Saturday night. The cues
ton is asked to-day on all sides, who had
the first news of Boutwell,s intentions? II
all Wall street had it on Saturday, the
clique of great fnsnciers, headed by Henry
Clews and Jay Cooke must have been
posted as early as Wednesday or Thursday
of last week. After probably purchasing
all the bonds in reach and forming then
combinations in gold, their secret oozed Out
on Saturday, and on Monday moraing the
United States Treasury, under Grants ad.
ministration, eondescends to publicly an
nounce its programme, anticipated forty.
eight hours before by common report. =
1t is but just to the New York press tc
state that this treaeherops policy was con
demned by every Journal except the Times
The Epe1liag Express Of Monday says:
"Nicholss Bld6le is again in Wall street
Boutwell, has played into the hands of Wal
street operators that which is worth to then
fully ore million dollars in stock specula
tons; Of which, perhaps, half Ass beer
already advanced 20 bride voters in Penn
sylVania, Ohio and Indiana. The Treasury
programme for October, announced by
Boutwell, seven days ago, has already beer
violated twice on, a prodigious scale. Mean
while, Boutwell, has been StuTping in Indi
ana, where the pressing necessity for NOR
campaign money has been apparent tC
him." AH4.
Even the Radical Post makes this admis
sion:
Wall street to day was full OF Tinnors tt
the effect that the friends of the Treasury
were pTivy TO the design of buying five mil
lions, and that they bought the bonds a
lower prices last week. 1t cannot be de
MED it would have been better if affair
had been so managed as not to have giveI
Spectators an opportunity to create dis
turbance. q So
The Post views with displeasure anothe
threatened financial ruse TO ''raise tn
wind" for the November elections-the in
timation from Washington that Boutwell,
contemplate expanding the greenback cur
rency to the extent of forty four millions
The non-partisan Herald remarks:
The British Treasury Department doe.
not as Mr.. Boutwell, does, enter the mar
ket every week or SO, with modicum 0
gold, or buadle of bonds, ard upset &
clique of stock or money gamblers
France, with all her overwhelming war 6;s
asteT ard enormous drain upon her re
sources, feels no such purturbations as W.
90. This is a monsrous anomaly, an,
shows orr financial system is not on
sound basis. If Boutwell intended To re
lieve the money market to-day, he faile,
utterly, for his movement was discounted
on Saturday, and money closes stringen
tonight and ready fer another application
of his horn of plenty.