The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-29
train being precipitated to the bottom of the
creek. The extent of the damage cannot be
FERDINAND WARD TALKS.
He Claims He Has Been Badly Treated, and
Threatens to Reveal Everything.

New YORK, Sept 28-The Tribune this
morning prints an interview with Ferdinand
Ward. in which he says:
1.-THE position that occupy is not known.
The facts concerning my actions have never been
given to the public. / have not yet had any OPP
portunlty of clearing myself from the unjust
lmputations that have been cast upon me. |
have prepared statement that will show the
name of every person who had any business rela-
tons with Grant q Ward, the amount of money
that was advanced TO him and the amounts that
We're paid to him as profits. This statement has
been in the hands OF Mr.. johnson, receiver of the
Marine Bank, and MIR. Davies. the recei yer
for Grant & Ward, for months The statement
should be made public by the receiver; | believe
that 1t is his duty to do So and do not under
stand why it has not been done 1t is net my
fault that it has not been done, but have been
given the credit for it. 1t is believed by every
one who has no acquaintance with the facts that
made millions out of the Grant q Ward trans
action. | did not. and to-day am not worth
dollar. am made the scape goat. and every
thing is laid at my door. II is not right There
are others who must be held responsible for their
actions. If the statement, which, to a large ex-
tent. is my justification, is not made public,
will be compelled to give 1T out / have been
under cloud long enough, and it is only justice
to myself that it should be known who
shared the profits with Grant IL Ward.
The books of the firm show every transaction.
There is the account of Mayor Grace. He used
cent, and in addition was paid ST. 900 profit on
every $4,000 that he advanced He got. in
round numbers, 500, 900 in profits He says
that he made nothing out of the firm. My state
ment, taken from the books. will show he holds
notes of the firm for $50, 000 but this does not
approach his profits 1 believe it has never as
yet been ascertained what the lawful indebted
ness of the firm is. as there are many claims
that will be proved usurious and unlawful; but
have shown in my statement clearly, and
hQ cnV1tn 10
whom l paid large sums and this, with
the several 10. - that have already been
settled, think yer everything. If the illegal
claims against Grant e. Ward were pressed. the
amount of Indebtedness might reach $50. 900, 600,
but there are many people who will hesitate
long time before they will present their claims
to the receiver and ask that they be paid. Gen.
Grant knew nothing about the business Of Grant
If l could have gone to him after the fail
ure and explained to him, from the
books, the nature of many transaction, he
would. believe, have been satisfied. and would
not have recorded the unfavorable opinion that
he did; but he. like every else, has blamed
me for things that I never did. Light however,
will sooner or later be thrown on my transac-
tons and strange things be cleared up. / may
be crushed, but am not dead. Other people
have had their day, and / have suffered. but
there is an end to everything and Ferdinand
Ward will be heard from in his own behalf"
Dir. Davies. when questioned by reporter,
said that most of the facts covered by Wards
statements had already been published. So far
as he himself concerned. he had nothing at
all to keep back from the public, as he had de-
scribed his own dealings with Grant & Ward
soon after he was appointed receiver. Examin-
ing summary of the schedules furnished by
Ward, he said he found thereby the names of
only about ten men which had not already been
publicly mentioned in connection with the firm.
The total profits credited to these men amount
ed in round numbers, to only about $l20 000 ex
cept in the case of one man, who was cred
tied with from 5000 to $4,000 profits.
The alleged profits were chiefly in the shane of
bonus aud for discounting notes. The highest
amount thus received by any of these men
about $l5 600, and the sums ran from this down
to only $50, in one instance These ten men.
whose names had not been published. were not
public men, or in any way conspicuous before
the community He did not see that any good
could be done, desirable end could be
served by his making their private affairs public.
Receiver Johnston, of the Marine Bank, also
said that nearly all of Wards schedules had
been published.
In an interview in regard to Wards statement
with reference to himself, Mayor Grace said he
never loaned the firm of Grant & Ward any
money. but he bought their paper for what it
appeared to be worth in the market, and never
took any of their notes without Mr. Fish's in
dorsement