Editor says, what if corruption had brought down the Grant Presidency? muses Jeff Provine on the This Day in Alternate History web site. Please note that the opinions expressed in this post do not necessarily reflect the views of the author(s). This article is part of the Jeff Provine Blog thread.
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Editor says, in reality when Grant learned of the gold speculation, he ordered $4 million worth of gold sold out of the US Treasury. The price of gold plummeted in minutes on what became known as Black Friday, Sept 24, 1869. Investors in the plot, such as Corbin, lost whole fortuntes. Fisk and Gould, however, escaped unscathed, as would many in what Twain nicknamed "The Gilded Age". Editorial comments are entered in [light green] typeface.