New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-09-29
FERDINAND WARDS LIST.
MEN WHO SHARED IN THE FIRMS PROFITS.

DOUBTFUL WHETHER He WILL MAKE 1T PUBLIC
OTHERS SAY THERE ARE ONLY IL NEW NAMES.
Ferdinand Ward carries in the inside pocket OF his
coat sheet of legalcap with twenty names upon
it, opposite which figures showing to what extent,
in Mr.. Wards arithmetic, the owners Of the twenty
nine shared in Grant & Wards profits hr.
Ward held this paper in his hands at the Ludlow Street
Jail yesterday and drumming with it on the window
sill, said
al have twenty nine names here which represent oil
the persons with whom had dealings. l have pre-
pared full statement of each of these series of trans
actions each in the way that used in court
showing Mr. Warmers transactions including checks
put in sums drawn out and the receipts duebills in
zach case with dates, etc. have no desire to throw
mud, but wish to show where the money of Grant q
Ward has gone. The schedule will show where the
So 600 900 deficit went l don't say that the sums
in connection with the various represent actual
profits to the individuals but they do show what was
done with the money lost by those who did lose L
don't mean to say that the persons these schedules
made money, but simply indicate what was done with
the sums. have not yet determined whether shall
give the namts out at present. i went to see my
lawyers day about the adyisabty OF that but they
were out OF town.
Regarding the statement that Grant IL Ward had
put out large amount of paper which had been DIS
counted and that he had put the persons discountng
these notes among those who had reaped profits
through his operations, Mr. Ward said: " 1t is not So
Suppose a note of $4,000 were discounted Tor III, Doo
my statement would simply show where the money
went ana would not pretend TO indicate any proits
The profit loss could only be determined when these
persons put in their claims. Those who dealt III the
paper OF Grant Il ard have not put in their claims
vet and when they do the extent OF any loss 10 the
will be made known to the receiver"
Mr.. Ward declared emphatically that he had not
" got away with any money. " IL had ne auVeu;
will nd M mi
| think ought TO know it, As Vt Is, have not cent
OF course / have been attacked, and naturally; bat
when get through shall have shown just wherc All
this money went"
Johnston, the receiver Of the Marine Bank. " That,
said he. Is a copy OF Wards statements OF his deal
ngs with the people who. ho says had transactions
with him. II amounts TO nothing. In November FOL
lowing the crqs he got his papers together and made
out .hese schedule. ot all his transactions lie las
mixed up the contract business with the legitimate
transactions in the discount OF notes. that the state
monts useless. II they would only show me how
could get hold of the 81 25O 600 when W. T. Warner
Mr. Warncrl"
Mr. Johnston asked the question as If in doubt that
Mr. Warner was in existence. The TRIBUNE reporter
had seen Mr. Warner only u few days before IN ma
Office No = Wal-st. and had there had chat with |
him Mr. Johnston looked incrcdulous and said |
We'll have been unable to serve n subpoena on HIM
HoweN en- II Mr.. Warmers lawyers should allow
us TO get a Judgment against hun. suppose We should
get nothing. think could get judgment-unloss
Mr. Warner put in more money than he drew OUT
" That is his claim"
Well said Mr. Johnston IN some astonlshmont. |
wish he would appear in court and show It
don't pretend that he made personally all these |
$l,250,OpO on profits but they passed through LIS
hands"
" Then You think there were other persons behind
Mr.. WarnerT
caa only find them Mr.. Johnston said regarding the
twenty nine names Mr. Wards schedules; a |
majority CT the names have been printed Only zen or
twelve still unpublished These are those OF men
of no public position. who simply discounted the
notes Of Grant Ward, and there IA no reason why
they should be dragged before the public Their bust
ncss was strictly legitimate They had nothing 10 do |
with the contract business. Go To w. y Warner and
his friends for good share of that These men who |
merely discounted the notes dd 50 In the usual course
OF business, did Mayor race VINO hoidS Fioooo OF
the paper of Grant ~ Ward and would probably sell
cheap. There IA Captain spicor as honest man a.
ever lived. who got In a. deep a. e%oo,OOO lho men |
whose name. have not been published know That thc
paper j. worthless and they don't care to have their
names published. Why, the paper OF Grant g NHd |
was broadcast by the millions and was circulating
among leading banks tom Maine to Pcnnsy l'ania' |
Receiver Julien I. Davies who Ward SAID had his |
schedules stated that he did not feel called upon 10
give out the names. There were from ten to twelve |
yot unpublished " The men are private gentcmen'
said Mr. Davies. " The total amount which Mr. Ward
claims thai they received IN profits Il Sl3OOVO ahu
this was mostly OF Grant Ward paper One item oil |
$50 900 or so 600 is transactions Ia Morning star
mining stock the ONLY investment which ever paid the
hr1n anything, believe. Mayor Gracos TRANSACTIONS
were in loaning money with aud without security. |
ave nothing to keep back in this matter. but can |
see no gObd 10 come IRON giving out thesc uhH''.
Mayor Grace said with reference b. the statement |
that he had prohicd largely 10y tho transactions Of !
Grant s Ward nave said once before that my sole
transactions with Grant n Ward consisted Ia puTchas
inc their paper bearing the udOrsement OF james ID.
Fish whom had known for many years n lnancier |
OF presumably sound Judgment. say this no" that
viii gladly balance books with Grant * Ward. II /
can receive back tho good money have advanced on
their paper will surrender the latter aud any profits
may nave received. The old story of my having |
designated the Marine Bank one of the repositories
of CIV moneys while was director have once be |
fore explained. was director OF the bank when |
elected MAYOR In 1850 Finding that | OF tho
board 20 name the banks which should be repositories
of city moncys resigned n director and soon alter
ward sold ny bank did not think 1t right to
continue rs director under the circumstances"