Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1885-10-23

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MORE oFtWARD's DEyILTnY.. 5S55
Further Deyelopme nts An the Case OF the
New Fork 5windler- samples Of His
housekeeping Col. Grants Letter.
4 nand Ward, which purports to be an ex-
4 posure OF the dealings OF that firm and Of
the men who made money by them, is some
] interesting and new matter. Ward declares
that the 81, OOO, 900 which he says w. s.
! Warner got out of the firm was, in his
4 opinion divided among q number Of per
sons. He says Mr.. Warner in making an
! Investment and receiving in return therefor
a receipt, would have had that receipt split
/ would be signed by Grant & Ward. When
/ these receipts, or promises to pay, were re-
turned for payment they would bear the
endorsement or initials of certain parties.
He gives these sample entries Of payments
to some Of these persons. ss%:z. + +
J. McNamee, 1894, $40; Charles Nc
Nance, SIS, $40; &c. Clark, Sill, $40;
J. Il. Work, $34, $50; jill: Work, $4,000;
C.P. B., 81, 45O; Hooker, $4,000; j.,
$o1U,ooo; Joseph =. q oon, Sol,gVu, w,
I $s4, $50; C.P., $66, 900. ~,
G. p. B. and F. F. w. are Charles p
Britton and Frank F. Wood, two OF the
! creditors preferred in Wards assignment
F. w. W., E. c. j., B. l.. Fl are F. w. Will
! nerding, E. G. James, and B. L. Herrick.
| w. A. Fl. is probably to be read w. A. P,
! or W. A. Parrington.
| OF Fred Grant, Ward says land proudces
Grants receipts for the securities) that he
borrowed the securities of the firm to bor-
with the firm, receiving the fabulous profits
on it, as well as on money otherwise
procured. With an intin,ation that the
''contract' buiness was not unknown to
some OF his partners, Ward produces
this letter:
New YORK. May II, 18S3.-Dear Fred: I
;; am going to Philadelphia to-day, to be back
tonight. l have s1me contract contract
underscorcd] money coming in tomorrow
Yours,
BUCK.
Mr.. burlington, who is counsel for the
Grants, said:
Col. Fred kept a minute account OF all his
transactions with the firm and what Ward
said at the time This shows his losses con-
clusively. A short time ago Ward was
claiming that Col. Fred had taken out
$3.50, 900. asked Col. Fred about it, and
received this letter:
COL. GRANTS LETTER.
New York, Oct. 2, 1SS5.-Dear Sir:
Your letter asking me about rumor that
Ward has stated that he paid father $780,
900 in excess OF what he (father) put in the
Urn Urn OF Grant & Ward, and paid me $3.50
900 in excess OF what I paid deposited
| with, or loaned to him (Ward), has been
received. AS to fathers account, have
only to say that he putin the firm Of Grant
! a. Ward 500, 900 OF his own money, and
| deposited there 100000 OF my mothers
! (S4O, 900 belonging to the fund raised
/ in Philadelphia to pay for the house
East Sixty-sixth street, $4,000 from
sale Of the Long Branch cottage built while
father was president, $4,000 from the
sale OF Anglo-American bank stock that
| mother had owned some years, and S1O,-
| 900 from savings from her income and all
| advances that father had given herr, and
! $l5O, 900 he had obtained from Mr.. Van
derbilt.
My fathers expenses were about 900
81 month, 81, 900 OF which he allowed my
+ mother for maintaining their home, $500
he gave in charity, and $500 he kept for
! his own use but gave most OF this away in
presents.
=, My fathers income and profits outside OF
the firm of Grant Il Ward latter the $780,
900 was raised) was greater than the
amount he spent. Father made no III
vestments while in the firm except those
he left with the firm, and Mr.. Ward had
charge of the securities.
AS for myself, took from the firm of
Grant & Ward about - less than I put
IN. What did take out was paid AS prof
its to those whose money was using, cx-
cept so much as it took to support my
family in becoming way. had 50 7 900
when first knew Mr.. Ward, now I owe
$500, 900 through his treachery.
/ have nearly every check ever drew in
my life, a full history OF every transaction
l ever entered into, and if anybody who
has any right to inquire into my affairs
wants to know about any or all of nv
transactions. my books are open to them
Ii you see fit to make public my transact
lions with Ward, do so-there is nothing
wish to cover UPON the contrary | would
like everything known
Il have done nothing 7 am ashamed Of
except that I dealt with such men as Fish
and Ward, and there is nothing am sorry
Tor except the suffering which has beialen
innocent people through my confidence iii
! these men. l was not a member of the
firm, but I believe l could have been de-
ceived just as my father and brother we're
mad been one OF the partners. can truly
say that regret that I did not occupy the
place my father had in this firm, for be-
lieve his disease was brought on and his
! death FASTENED by the treachery OF these
men. Very truly your friend,
Ed. GRANT.
! Mr.. burlington said he had crossed out
! the amount lost because Col. Grant had
mistaken the amount. The money which
Col. Grant put into the firm was distribute
ed as follows:
! Col. Grant $57 OOOIMrs F. D. Grant G, 900
Mrs. Crauler...... 1900 T. s. rant n oh w. 5 900
| 7. B. Madary... Is ,O0O
Mrs. Corbin...... 25 5000 Total .$115,3OU
OF this money Madary got back $4,000,
! and i. S. Grant So, 500. The loss drove
Madary crazy. Col. Grant drew out SIS
, 600 us profits, leaving loss OF 800. 900.
| Mr.. burlington said that COL Grants
! rage at the time Of the failure was some
thing terrible. He did notcare for himself
! but only for his father. He id: "Itcost
/ 100000 lives to build up his reputa ton,
and now it is all und lone by this scoundrel"
! 1t would have gone hard with Ward if Col.
Grant had met him. Ward feared this,
and had powerful deputy sheriff accom-
! pany him in order to protect him. Ward
was great coward. When he came to Mr..
| Purrington's office, soon after the failure,
he said, tearfully:
'Do you think the colonel will pound me?
deserve TO be pounded. This sheriff is
pretty strong and he'll defend me.''
Murder at Big Stone City, Oak.
Henry L. Barnett of Chicago fatally shot
William.W. Morgan of Ort onyille Morgan