The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-03
PRESIDENT GRANT.

His Movements In tho City Yestcrday-
Rum0rs or His Reasons for Coming
Mrs. President Grant and Miss Nelly
Shopping-RumOrs OF an Approaching
Presidential Marriage.
President Grant. after having arrived at the Fifth
Avenue Hotel on Tuesday night, at half-past
eleven oclock-being delayed about two hours by
the water on the tracks-retired soon to bed. In
the party are Miss Nelly Grant, the daughter of the
President; Mrs. Grant and General Babc0ck, his
chief OF suite.
They rose about eight o'clock yesterday morning
and had breakfast In their private parlor No. "a.
The President then received few calls. At ten
O'Clock Mrs. Grant took carriage, with her daugh-
ter, Miss Nelly, and went shopping in Broadway.
They were thus engaged for several hours, going
from one store to another making purchases The
result OF this expedition was the arrival In the
evening at the hotel Of several pOrtentously large
packages, which were taken up to parlor "a.
THE PRESIDENTS FINANCIAL POLICY.
General Grant himself went out about eleven
O'Clock in company with General Babc0ck and,
taking carriage, the two gentlemen drove down
town. The President called at the Adams Express
Company's Offices In Broadway, and after trans
acting little business on his own account was
shown around the building by MIR. John Hoey, Jr.,
the Of the President OF the company. After this
street few moments and took lunch with we'll
known banker and fnancler who Is said to be very
deep in the AFFAIRS OF the government, and who
yersation r ran on the present state OF the money
market, and the financial gentleman expatiated at
some length on the present Unlocking state OF
AFFAIRS the tightness In money and the rise In gold.
He spoke particularly of the report which had been
circulated on the street the afternoon before that
the President had been in consultation with the
Secretary Of the Treasury. Judge Richardson, for
several hours the day before in washington,
and how 1t was announced that the result
OF the conference was determination to let
$4,000 900 in greenbacks go on the street to make
the money market easier. TO this TRADE on the
part Of the financial gentleman aforesaid General
Grant answered, while eating mutton ch0p;-
my dear sir, II these good people want the
money market to be any easier and money plenty
their pockets and each draw out twenty-dollar
bill This would produce twenty millions Of dol
lars, and II put upon the street would Immediately
Was this meant for . Presidential joke, or was
~ me III aSn ta e th nsr
the President to do anything to relieve the pres
sure which just at present Is making Wall street
Q pandemonium and some Of our prominent mer
chants send bushel baskets OF kilograms to the
Secretary OF the treasury begging for some relief
President did not visit the snb-Treasury as had
been expected, but re-entered his carriage and
drove back to his hotel.
him. Among these were General Hancock, General
Sgel and many others. The conversation is said to
The President told one Of these gentlemen that he
did not expect to return to the capital for some
two or three days.
The visit OF the President was much commented
on yesterday in the l0bbies OF the Fifth Avenue
Hotel, and several opinions were expressed 1t
had been at first thought that the reason OF the
visit was to see General HillhOuse and decide upon
the issue OF the $1O 900 in greenbacks General
HillhOusc, however, yesterday told HERALD re-
porter that there was no truth in this and
that he had not seen the President: It
make arrangements about the marriage OF Miss
Nelly Grant. One gentleman said that he knew all
ab0utit-that Miss Nelly was engaged to the son Of
Of New York. Mr.. Thomas Murphy, Jr., is a young
and q blonde. He has gentiemanlv, pre-
endowed, It is said, By his father, whose
wealth is well known. Miss Nelly is Q young lady
Of about
looks on the present trip better than ever, and
has n good deal D 81 tine wr se
port Is that the intention Of the two families Is to
have the marriage solemnized this Spring. and that
Immediately after the young couple viii proceed
wedding housseau Of Miss Nelly Grant. Whether
all this Is true or not the HERALD does not vouch ;
but II was the common talk last eveninglat and
around the Fifth Avenue Hotel.
At I'VE O'Clock in the afternoon the family had
again assembled together. They then proceeded to
dress for dinner, and accompanied by General Bah
cock went to dine at Mr.. Thomas Murphy's house,
at the corner Of Park avenue , and Thirty ninth
the evening and spent pleasant evening. 1t was
entirely private party and not in any way poll
At about haifpast ten the President and family
returned 10 the hotel They will remain in New
York for two or three days to come.