linguistic:translation, structural:scholar_edition
Gold corner conspiracy

In July, Grant reduced the sale of Treasury gold to $2,000,000 per month. Fisk told Grant his gold selling policy would destroy the nation. By September, Grant, who was naive regarding finance, was convinced a low gold price would help farmers, and the sale of gold for September was not decreased. On September 23, when the gold price reached 143 + 1 ⁄ 8, Boutwell rushed to the White House and talked with Grant. On September 24, known as Black Friday, Grant ordered Boutwell to sell, whereupon Boutwell wired Butterfield to sell $4,000,000 in gold. The bull market at Gould's Gold Room collapsed, the price plummeted from 160 to 133 + 1 ⁄ 3, a bear market panic ensued, Gould and Fisk fled, and economic damages lasted months. By January 1870, the economy resumed its post-war recovery.