New-York tribune., 1885-03-28

without hesitation at all He said at the tme ad
to that he lending this TO me- and tns tre S hut
mar he would do it for me- WE'LL that has taken all tho
remaining property that had s .. rou was that
your firm in danger on account OF the ne aid that
dSn q the nsT9s no 81 BanE Securities
Ole did not tell you that the fra owed the "Afin0
bank o firm was overdrawn in the neghbor.
hood Of 81 100000 A-No sir lie sau omo m and that
we had $3.50 600 to our credit in the Marine Bans.now
that think of it, 1t seven hundred anu o IA COT
ssnd-and then be said .hs hank and found
his statement when went down to the oince ase wrd
failure, was correct 30 far as the DOCKS Vi
Q~Now, did Mr. Fish at any tine during the r spring
Mr Ward A-No, sir: II he had should have Deeh
very ready, 10 doubt to take distrust A.. o .h.
fact that during the spring Of 1884 the accounts Of the
firm with the Marine Bank were oyerdra@n ., that,
ASEntireiy ignorant of that. o,
Q.-WhO bad the active management so al a' n,o; y
ness of Grant q Wardi Award and nobody else had
any control; he the only one that eouiu ssn
Q-Did you know that Mr. Fish was conducting
large part Of the financial business OF that nrh' A.
0.-Dd YOU know that Mr. Fish was raising millions
Of dollars for the business OF that firm upon
Odd yon know that there was account kept ny
that firm in the Marine Bank called specaa a
separate from the general account OF lhe ni' .ant
never heard of that until since the failure re0o"
Odd You ever know that the firm of Grant & Ward
borrowing money from the Marine Bak not delV
pretended pledge of collaterais when "9o incn the
cred to the bank Al only know of that sinoo 'H0
trial here. IL,
Odd you ever know that the firm OF Grant soJ
was borrowing money from the Marine Bank To be useu
in G or IN saGn sesa1r to to S any So
Redirect by defendants counsel . Dr., y,., In
the spring of 1884 or at any prior TO the failure Oh
the bank any distrust on your part IN fespded pdd not
had no dstrs of Mr. Ward the night before the failure
the sghtest and recolect thai my son. s u, o.
out right yet; he had no doubt he would come 9ut
right" for he had such profound friendship Ior ns
possible for him to do dishonest act II took me day
or two believe 1t possible that Ward had ooni
BY Mr.. Root-General Grant, you didn't know at the
time you went at Wards instance and Sbtainea @ tne
1884, that week before that time Mr. Fish mad peen 10
the Office of firm and expressed hls own
that Mr.. Ward had away from the city Al uiuA
know that never heard of 1t. ....,,uu 90 ,,o,r
BY Mr.. Carke-Exactly what was It, according 20 your
present recollection, that Mr.. Ward said on the sunuhy
before the failure in respect TO the securities OF ne @
in the Marine Banki Ale didn't say he had any any
securities in the Marine Bank he spoke about our own
private securities in the way understood IL that We
had 81 100000 in our vault and that we @ nau seIo
hundred and odd thousand dollars OF money IN the
Bank. ,, -, .
in the Marine Banki Ayes.
Q.-That was Mr.. Wards statement TO you on sunday
Q-Did Mr. Ward make to you statements from time to
time the business of tho rm and tho prohts tnat
had been realiZedl A. AT first he used 70 make stare
ments and then later than that he used TO make state
ments show them in his Office don't remember Oh
any recent statements except that he would show them
and show what the profits figured up; have ooked az
them Later and my recollection now Is hat lhey sho"e
the nature Of the profits. -
Q-You have none those statements in your posses
sion A-No, have not.
Q.-were those IN the nature OF monthly statements
Ain the nature of monthly statements, yes never
read of those statements until after the failure
Q.-Bu they were statements showing from monsu W
month the profits OF the firm Ayes. .r...u
~ - U. g. GRANT