The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-11-02
SEQUEL TO THE GREAT FAILURE.

Fred Grant Grows Roses for q Living
u ards Chances of Escape from Jail.
New York Letter in Charleston News.
The more that is known Of the whole business
the more the lawyers most intimate with the
case are sure that General Grant and his sons
had no knowledge whatever of the villainy to
which they were made parties. General Grant,
it is said has been 60 impressed with the Wis
dom Of keeping clear of Wall street here
after that he has assured several friends this
summer that he will never enter into
any business connections OF any kind again
and that he will never again set foot in Wall
street, no matter what business may call him
there. His son Fred Grant who a year ago was
considered rising young millionaire and was
living in most exquisite style, has given up all
hopes of making another fortune and has gone
to work to grow winter roses for the New York
market When the crash came last April he had
Just bought beautiful house near his fathers,
for $40, 900, and paid down $4,000 on account
This money he lost, together with every dollar
invested in the Arm His sole remaining re-
sources was small country place at Morristown,
New Jersey, belonging to his wife. In
order TO furnish his city house with winter roses
he spent last year, when money was no object,
about ten thousand dollars in fitting up lux
urious green houses upon his Morristown prop
erty. He finds now that he grow enough
roses in his lighthouses to make quite com
Portable income by selling them to New York
florists and this is to be his business this win
ter. He tells his friends that with reasonable
good luck, hecan clear three or four thousand dol
lars in year, and that will be sufficient TO ena-
BILE him to live in comfort Like his father, he
never wants to sec Wall street, and says he
would rather grow roses and make bare living
ali his life than go through again the purgatory
of last spring / believe General Grants other
son has gone West to grow up with the country
and forget if he can, the brief season Of fever
ish financial glory which preceded the explosion
AS to Wards chances of getting out of Jail
within the next ten years, everything is posi-
bic to him who waits-and has money Ward
is SAID to take his confinement very pleas
antly and does not fret much. His
wife and personal friend still contend that he is
the victim of a diabolieal plot cencocted by the
veteran Spectator and president of the Ma
rne Bank, James D. Fish. Fish, by the way,
was sold out completely the other day, houses
and bonds, ard the result WAS not pleasing to
the creditors Everything that could be mort
gagged had been mortgaged up to the last notch
and all the bonds and personal property
upon which ready money could be
raised had disappeared 1t was an ex-
traorainary lot of bonds which we're
brought to auction, showing that Fish, who had
been looked upon for twenty wears as the type Of
a steady and conservative finaueier. was, In re-
atty, good deal Of crank. For instance,
there was stock in one company for making
Illuminating oil out Of sea-water there was also
some Keefy motor stock. and some in a compa-
nv for introducing horses meat into the markets
as an article of food The scheme was to buy
up omnibus horses, on their last legs, and serve
them up in the shape OF steaks and roasts.