Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-08-23

GRANTS COTTON SPECUL aTfON.
+ The Grant papers charge that SIR. Doc
little, of Wisconsin, while Senator OF the
United States, obtained pass for friend
to 60 through the military lines to specu-
late in cotton in 1S64-5. They claim that
this was very wrong In. Mr.. Doolittle. But
siDgularly enough they have nothing to say
in condemnation OF Grant, who did even
worse. From the annexed document, the
original Of which is on file among the court
records in Cincinnati, that Gen. Grant
himself used bis position as a General in
the army to secure permit for his own
father to speculate ia cotton, indirectly for
the benefit of the General himself:
seNo. 17,5S7.-Supreme Court of Cincin-
nati-Jesse r. Grant VS.. Harmon Mack and
others.--Petition filed Jan. 2, 1854 -
Charles E, Cist, clerk, by E Hoffman, dep
uty.-Stamp furnished by Fl. Snow, after
neY for plaintiff, Received copy of case.
w. B. Caldwell and NJ. ID. Tiiden.--
RI ,050.1
The Superior Court Of Cincinnati, Hamil-
ton County, OnlO-fttiblOn.
Jesse R. Grant vs.. Harmon Mack, Henry
Mack and Simon Mack, partners as Mack
| 4 Brothers. The plaintiff states that on
or about the SIKH day of December A. ID.
1862, he entered into an agreement with
the defenders for hepurpose of partnership
purchases of coNon IN the majtaTy depart
naent commanded by Gen. U. s. Grant, the
conditions of said agreement being as fol
lows: Defendants were to furnish all the
money that might. be required IN the said
business, and the necessary number of men
to purchase and ship the cotton, they being
allowed interest at the rate of seven per
cent per annum for the money so employed
during the time it was necessarily used.
Plaintiff upon his pars was to 60 with the
defendants to The headquarters Of Gen.
Grant, and procure a permit for them to
purchase cotton, secure transportation and
Stch other facilities as might be consistent
with the usages and interests of the army.
The defendants were to have the cotton thus
purchased shipped to New York and sold,
and the profits of the sales, after deducting
from the gross proceeds the necessary eX-
penses of buying, freigh and selling, except
the wages of the men furnished as afore
said by defendants, were to be divided be-
tween the parties in the proportion of
tbree-fourths to the defendants and one
fourth TO the plaintif-the plaintiff 10 40
event being liable for any portion Of loss
that might be incurred. Plaintiff says that
the said agreement was at once and faith
fully carried out upon his part, as 1t was
also by the defendants 50 far as the par
chase of the cotton, its transportation to
New York, and sale there were Concerned;
but the defendants have broken said agree
ment in this, that they have utterly failed
and refused to render TO plaInJitf any &C
count of such transactions, or TO pay over
to him any portion of his share Of the prot
its arising from the same, although said &C
count and payment have been repeatedly de-
manded by plaintiff Plaintiff said that IN
der said contract large amount of cotton
was purchased-as many as three hundred
bales or more at an aVerage cost from for,y
70 fifty cents per pound, and which was sold
in New York at such rate as to realize
profit of $500, 1000 or over. The exact num-
Der of bales purchased, the exact amount
of expenses and proceeds of the sales lie Is
unable to state, the account Of the same be-
ing in possession of the defendants, who re-
fuse to furnish a statement of it, but the
amount furnished and net profits realized
are net less than as above stated, while the
same may and probably will greatly ex-
coed the amounts befofe stated. Plaintiff
asks that an account may be taken between
himself and the defendants, and
that they may be ordered TO pay over to
him such amounts as may be found to be
due to him from them under the agreement
herein set forth, and that all such orders
may be made in his behalf as he may equit-
ably be entitled to in the premises.
H. SNOW, Attorney for Plaintiff.
The State Of Ohio, Hamilton Co, IS:
Jesse r. Grant, the plaintiff, makes oath
that be believes the statements of the fore
going petition to be true. j. Z. GRANT.
Subscribed and sworn to before me this
31st day of December, 1858.
VIM. Z. JONES,
Notary Public, Hamilton Co, o