A circle of U.S. politicians and traders alleged to have benefited from corrupt and fraudulent practices involving government money intended for North American Indians during the late 1860s and early 1870s.
Origin
Mid 19th century; earliest use found in The New York Times.
Definition of Indian ring in US English:
Indian ring
noun
historical
A circle of U.S. politicians and traders alleged to have benefited from corrupt and fraudulent practices involving government money intended for North American Indians during the late 1860s and early 1870s.
Origin
Mid 19th century; earliest use found in The New York Times.