New-York tribune., 1885-10-22
uISuANAGEIIEYr OF THE GRANT FUyR
SOME QUESTIONS THAT GEORGE JONES WILL FiM
IT HARD To ANSWER.


IT HARD To AN~WER.
From Tbe Ysic. YORK Nal and E1press. october p.
The strange and awkward COndltiOn OF me
Grant Trust Fund" A. stated by Ihe sun ana the pro
vious inquiries instituted 10y The MAJ dd LLFtSs Ma!
have eawokched tue contributors to the badly handa
Trust" the necessity OF asserting their rights ta
the first OF which TO be called tO-cther by MI Gto
Jones' as tie Fund was raised, for the puf
pose OF directing how ana where the moneys should
invested. The contributors never bad been clled 70
grther for that or for any OtEcr purpose, ana IVA
not known 10 some OF them even that Mr. Jones wa
OF the neglected and ignored GO nributors TO eok
INTO their wasted d" Fund" and TO assert their rglls
doubtless alarmed Mr. Jones and caused Am 10 lssss
the following remarkable ana significant " circular
NEw.YoRK. oct :, i'.l
DrARsR: on the 18th OF March, ISL a circular vas
sent to all the subscribers . he fund %, gO o -, s
benefit General Grant which contained the following par
When t becomes necessary 10 provide f'r tie utr 1
uination of the fund meeting Of tho subscribers VII"
The death OF Grant renders inporn that ;ueA
mccdng he ,natO purpose should nov b. called
th, egHcsl hat yo would ue pleased 70 ne
NJ liver iLoyt Ey~e as ~ .uTvyns Wsos5' 5
October l-sj az O'Clock p. m. II You carnot IeTc Ay
represent you and 70 act your bel az At tue tine o. ~
creation Of the iUnI ere w., Was gsIS .H X q st
Grants decease, he furd should be trtnsied 20 ~ "a
ws TO aprolnt any one @ pr sont yon eeat & XII
kiacly advise me IL writing who e on sent 10 ,uGn 1T I
o6,tI.eut servant OkoRGL JoNEs 1rosslreL
The meeting Of the wronged and indignant Sub
scrbers vii, doubtless lie one full or punu lhtrss
The subscribers will be- kely to ask some questions va
il Will be impossible for Mr. Jones 10 answer to thef
satisfaction. such. for instance, as TINS: ,,,,5
lst Why were not the subscribers To the Fundeaea
together rs soon as IL Was completed ana Why NeIeu
the moneys received promptly invested ID secunu0I
approved by The laws Of this state Tor the SuuAueo
trustees and executors -.
ID: Why the funds given for sacred and ,1. PER
manent trust managed that the subscrlleIs haa
left m ignorance Of their condition .,
Sd: shall the family of General Grant he aoWeu "
lose the $4,000 premium paid for the Morgan s1''
4th: In what deprecated securities has "the =
mauder Of the Fund" alluded TO by Ihf sum- a. hsslss
bcen it is said" invested by Mr.. George Joles' ~ ~
put tor safe keeping Was II put III West sHoEe 0''
ties r. ,
But we leave Mr.. Jones to the terrible ordeal o. Ir
direct personal cXaminaton OF his rcnarh Di' s au
precedented mismanagcment OF luhd lh WIZ ttns1.
yatiOu, III its original integrity, every lariohe A"
feels deep interest. go .,A,a
this city by Mr. Cyrus W Field for the heueht oi ~
widow OF President Garfield and OF her ch 1itn tn.,J
fast as IL was received IL was deposited with me Il,
states Trust Company Not the slightest coniiiou.y
WAS kept night, that came IN time TO De ue ssS
From July 1851, To April 10, 1852, 40 less hIn II1s
separate deposits to the credit or the "Garneld
made amounting, IN all. TO S362 23s ~ nS AG,t
interest allowed by the United states Trust CohipN"'
- 23 the total was S3G3,2iG 70. -, ,os.
As fast the contributions accumulated 10 a"i,
siderable amount they were Invested IN lhleu Ia
four per cents. The entire expense oi coeotps s,hes
handling the contributions including postage Hna csst
iuchlen ais paid by Mr.. Field. so mat eVrY .a.
contributed went mto United states bonds az tu'
ket value undiiniutshed by "eXpeuses." Ihe eh'y eDh'
Fund" thus invested to-day securely and ronsi, ,
represented by S3l 400 United states hut pSe iS6
bonds, whose value in the market to-day Is ~
an increase iIi Udiie OF S23Ss9 20 Crcr chd do''' W.
cost ,cheH bought (or NE " GUHetd fUhd c~seid by
The -. ia is paid quarterly TO Mrs ua usres
the United States Trust Company who aci As - ",..d
and most generously pay the amount wtWOW "' W."
Gud tCgdl deduction Jorpdyihg me SdD,s' ,,, trl.
Here are Two cases oI raising ana , ,ybo had
been raised to the Presidency by the American Psn,
and who enjoyed the love ana admiration of lne
It IL unnecessary to point out the diher'h''s "