The Spirit Of Democracy

Grant's Family and Friends in the
Late Gold Speculations,
New York, October 20--Further revelations have been made by Mr. Gould
in regard to the complicity of General
Grant's family and friends in the late
gold speculations. Corbin, who received
a $100,000 check at one time and $25,000
at another from Gould, is said to
have conveyed ten lots in Hudson City,
valued at $2,000 each, to Mrs. Grant.
The latter has been frequently promised
by Corbin that she would make money
if they (the Ring) succeeded in preventing
the sales of gold. Corbin, when he
urged the President to prevent the sales
by Boutwell, also wrote such a letter to
Mrs. Grant. In the course of the correspondence which passed between Mrs.
Grant and Mrs. Corbin, the former wrote
to the latter: "My husband is very much
annoyed at your speculations: he tries
not to be influenced by them, but fears
he is. Another reason why they must
be considered because Corbin's man will
come upon the Cabinet, and the action
of our Government will influence
the prices of bonds."
It is now considered certain by the undersigned parties that Corbin tried, and
has partly succeeded, in turning an honest
penny for the account of Dr. Grant.
That the President considered it a pure
good thing, but would not interfere
one with another. But at the early stages
of the operation all Corbin and Gould
wanted him to do, is shown by the appointment of Butterfield as Sub-Treasurer,
who was Corbin's appointee, though
Grant knew him not to be the financial
man for the place. Butterfield now is
shown to be deeply interested in the gold
speculation, and to have been in the ring
with the rest of them.
It is reported that he has mortgaged
all his real estate to pay his losses.