Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-08-22
Victim Of Grant Il Ward.

Mr.. BINGHAMs STORY OF HOW HE WAS wHEEDLED
OUT OF $4,000.
From the New York Sun. 21st.
Under the order OF arrest granted by Judge OiGOr-
man. Ferdinand Ward will be kept in Ludlow street
Jail even should there be settlement in the pro-
ceeding5 against him by eX-C1ty Chamberlain Tap
pan upon which he Is now held.
Judge OGOrnan'S order Is based on the aff1davits
in the suit OF VIM. H. Bingham against Ferdinand
Ward. Ulysses g. Grant, Ulysses S. Grant, IT, VIM
c. Smith and James ID. Fish Mr. Bingham swears
that he has just claim against the firm OF Grant
& Ward for S47544 47 on account of moneys adj
vanced. He says that in the latter part OF March
last he had an interview with Ward concerning the
investment OF money. Ward represented to him
that Grant Ward had an opportunity Of making
a large amount of money by purchasing contracts
made by the United States government, or by ad-
vancng money to persons who had such contracts
and taking orders or assignments from such per.
sons for the money due them; that through the In
fuence Of Gen. Grant they would be able to secure
prompt settlement with the government; that the
contracts could be purchased at large discounts
eminent, and that there would be absolutely no
risk in purchasing contracts or advancing money
on them.
Mr. Bingham says that Ward also told him that
Grant Ward had plenty OF money, and were very
wealthy and had profitable business but, as they
were going into the business OF advancing money
two OF their intimate friends an Opportunity
of dividing portion OF the profits; that they gave
friend OF j: Nelson Tappan, who had been ad-
mitted to share in the business Mr. Bingham
declares that he advanced the money for no other
object than the purchase OF government contracts,
and the assurance that 1t would be promptly re.
paid, and that 1t was safe as endorsing a bond
Of the United States government.
These statements, Mr.. Bingham SAYS were fire..
quently repeated to him by Ward and Fish in sub
sequent conversations before he advanced any
Others made to him by J. Nelson Tappan to the
same effect, and advanced to Grant IL Ward I'm
ApT last the sum he for He got from Grant
stating the date when the money would be repaid
on which dates, 1t was said by Ward, the money
was to be received from the United States govern.
ment under the alleged contracts
Mr. Bingham charges that the representations
made by Fish and Ward We're false, and that Grant
Ward m de these false representations to tntluc.
him TO advance money to Grant e. Ward and with
the intent OF defrauding him. At the interview In
March Ward said to Mr. Bingham that Grant &
ment contract for upward OF 100000. This state.
ment MIR. Bingham pronounces a deliberate he
Mr. Bingham says he had conversation with lir
Ward after the failure and demanded that " ard
should show him some OF the contracts but Ward
refused to make all explanation.
On May z MI Bingham says he had conyersa
ton with James ID. Fish. who said he had never
himself seen contract OF the United States GOV.
eminent or any ASSIGNMENT from a contractor to
Grant & Ward. or either member OF the firm; thai
he was not quite certain, but believed that Ward
was a scoundrel, and that NO such contracts ex
, ,, ana that the alleged government contract
Mr.. Bingham Incorporates in his complaint
copy OF the affidavit OF Nelson Tappan in his snit
against Ward for $3.50 900 for moneys adyanTaS
under the same circumstances. He says he knows
that negotiations have been opened and are now
pending between representatives OF Ward and Tan.
pan, having for their object the compromises IF
Tappan's claim and the discharge of Ward rom ~
Ludlow street jail Mr. Bingham fears thai in M
Tappan's weak and sickly condition he nav be in
duced to consent 10 such an arrangement and that
Ward may be allowed secretly to depart from fan
and leave the country, and place himself beyond
the reach Of the laws OF the state
Wards bail in this suit was fixed at s4SO00
willing TO Pay a Good Prico>
From the New York Sun.