Rensselaer Union, Volume 2, Number 5, Rensselaer, Jasper County, 28 October 1869 — The President and the Geld Excitement. [ARTICLE]

The President and the Geld Excitement.

The New York Ledger publishes the . fallowing correspondence between Robert Bonner ana General Grant • “ NkW York, Oct. 11,180 D. “My D*\n Gexbiia i. : As I stated to you immediately after your election that . Lhere wua no office which either . for myself or aay fHetfV? have baa no occasion to write to you in regard to such, matter*. There is a matter now, however, that concerns you personally, and in which I feel that I discern your interest so plainly 1 that 1 take the liberty to write to you with reference to it. Ido this with less Bcsitstion because you did me the honor, after your election, to confide to me pretty fully your views. “In the present disturbed state of the public mind concerning t lie recent gold combination's it not the quickest and surest way to set at rest the great excitement and uneasiness which, prevail, for you to make a brief denial, over your own signature, of all foreknowledge of that combination, in order to relieve yourself entirely from all responsibility for the acts of others? Of course those' who know you personally do not require such disclaimer; .but the great public, whose minds are liable to be warped by the determined and persistent efforts to injure you, will be, it seems to me, at once satisfied and quieted by such a statement. Sincerely yours, “Rob’t Bonner. “ President Grant.” “ Washington, D. C., Oct. Id, 18G9. “ Robert Bonner, Etoj.: “UKar Sir: Your favor of the 11th inst. is received. I have never thought ,:ojf jcantrarticting statements or insinuations made against me by irresponsible parties, as those alluded to in your letter, but as you have written to me on the sub-' . ject in so kind a spirit, I will say that I have no more to do with the late gold excitement in New York city than yourself, or any other innocent party, except that I ordered the sale of gold, to break the ring engaged, as I thought, in a most disreputable transaction. If the sneculatrirs had been successful, you would never have heard of any one connected with the administration as being connected with the transaction. Youis truly, - - “ U. S. Grant. “P. S. I have written this in-great Haste, and without exercising judgment as to the propriety of writing it; but I submit it to your judgment. U. S. G.”