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Grant Scandals
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Early in Grant's first term, two gold speculators Jay Gould and James Fisk hoped to buy gold at $130 per ounce and sell it at $160 per ounce. They tried o corner the gold market. They went to Grant, who had no understanding of monetary issues, and convinced him to tell Treasury Secretary George Boutwell to stop selling gold. The price rose to $16 ....
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....rnment officials, including the chief clerk of the Treasury Department as well as President Ulysses S. Grant's private secretary. A group of distillers was falsifying reports and cheated the government millions in tax dollars. Many of Gran't appointees were involved in the scandal.
Belknap Fraud 1876
In 1876, Secretary of War, William Belknep, .... |
| Word count: 351 |
Page count: 2 |
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