Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-01-12
acceptance and approval, and with the
hndest regards to your husband,
/ am yours respectfully,
rS1GxED1 W. e. VASDERBILT.
The Gift Declined


The GIFT Declined.
NRw YoRx CIrY, January 10, 1885.
Dram SrR: Mrs. Grant wishes me to
answer your letter of this evening, to say
that while she appreciates your great gen.
erosity in transferring to her the mortgage
given to secure nay debt OF
$15O,ooO, she cannot accept II IN
whole. She accepts with pleasure
the trust which applies to the articles enum-
Grated in your letter to go to the govern
ment of the United States at my de.tn Or
sooner at her option. In this matter yo1l
have anticipated the disposition which ! had
contemplated making Of the articles. They
will be delivered TO the government as soon
as arrangements can be made TOR their
reception. The papers relating to all
other property will be returned with the
request that you have it sold and the pro
ceeds applied to the liquidation ct the debt
which / so Justly owe you. You have stated
in YOUR letter with the minutest accuracy the
history of the transaction which brought me
in YOUR debt. Ihave only to add l regard
your giving me your check for the amount
without inquiry as au act of marked and
unusual friendship. The loan was to me
personally. / got the money, as l believed
to carry the Marine National Bank
over day, being assured that the bank
was solvent, but owing to unusual calls
needed assistance until it could call IN Its
loans ] was assured by Ferdinand Ward
that the firm of Grant & Ward had over
$3.50 600 to their credit at that time in the
bank, besides 81, 100000 Of unpledged Sc
curities in their own vaults. cannot
conclude without assuring you that MIS-
Grants inability to avail herself OF your
great kindness in no way lessons either her
senseo of obligation or my own.
Yours truly,
TSigned. ULYSSES s. GRANT.
W. II. VANDERBILT, ESQ.
VauderbiIPs Reply.
$50 FIFTH AVENUE, January II, 1883.
General .. S. Grant
My DEAR SIR-On my return home last
night found your letter in answer to mine
to Mrs. Grant. appreciate fully the seut,
ments which actuate both Mrs. Grant ana
Yourself in declining that part ofmv PROPOSE
ton relating to the real estate. greatly re-
gret she feels it her duty to make this de-
eision, as / earnestly hoped the spirit in
which the offer was made would overcome
any scruples in accepting it. But l must
insist | shall not be defeated In the
purpose to which l. have given 80
much thought, and which l have SO
much at heart. / will, therefore, as last as
the money is received from the sale Of real
estate, deposit it with the Union Trust
Company. With the money thus real
lied, | will at once create with that
company a trust with the proper
provisions the income to be paid Mrs.
Grant during her life and giving the power
TO her TO make such disposition OF the prln-
cipal by her will as she may elect
Very truly yours,
TSipned. WILLIAM H. VANDERBILT.
Accepted.
New YoRK CRY, January IL, 1885.
DEAR SIR-Your letter OF this date re-
ceived. Mrs. Grant, l regret, cannot &C
cept your proposition to return the property
which was mortgaged in good faith to secure
a debt of honor, but your honest determine
lion compels Us no longer to resist.
Tours truly,
u. s. GRANT.
w. H. Vanderbilt.
Mrs. Grant Refuses.
New YORK, SUNDAY, January III.
My DEAR Ma. VANDERBILT-Upon read
ing your letter this afternoon General Grant
and myself felt it would be ungracious 10
refuse your princely and generous offer,
hence his note 10 you. But upon reflection
find cannot. | will not accept your
muniGcence in any form. | beg you will
pardon this apparent yaciliatioa and con
slider this answer definite and final. With
great IT gard and sense OF obligation that
will always remain, am yours, very CRATE
fully.
(Sigued) JULIA ID. GRANT.
To WV n VANDERBILT,