Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1885-11-06
THE GRANT AND WARD FAILURE.
w. s. Warner Arraigned on an Indictment
--"Buck" Grant Examined.

NEW YORK. Nov. 3.-Thc interest which
recently centred about the trial of Ward
has been transferred to the preliminary
trial of w. 5. Warner, who is indicted for
completely with Ward in the swindling of
the Marine bank, General Grant and viii
liam II. Vanderbilt. Warner looked
little disconnected when he entered the
room of the United States District Court.
He got mp into the jury box, along with
four of his five lawyers, and also accompa-
MED by his brother-in law, Mr. j. Henry
Work. The lawyers took up II large part
of the session arguing over the admssi-
bility of documentary and other evidence.
Col. George Bliss did most of the debat-
ing for his side and Assistant District
Attorney Foster had to fight all alone.
BOokkccpcr :. b. Cornell, of the First
National bank, repeated the story he had
told on the Ward trial about Wards bal
ance being only a couple Ui Thousand
dollars when he drew his SIS, 900 check for
deposit in the Marine National bank
against which he drew the $1i 500 check
which Warner had certified
{ Interest was further stimulated when
! Buck" Grant WAS called to the stand
, General Foster alluded to the $50, 900
Vanderbilt check and asked Mr.. Grant to
tell what he knew of the way in which it
had been secured
"On the afternoon of Sunday, May f.
said the witness, "Mr. Ward came to my
fathers house, where | was visiting. He
asked for me, and told me that the firm
| eff Grant 81 Ward was in trouble that the
Marineibank was below its reserve at the
Clearing House and would probably fail.
| | asked him what difference that made
to us. He said that it made this differ
ence, that the Marine bank certified our
! checks, and if the bank failed we could
] mn do M w. nd oil "a IN
had been doing it and we must be very
much Inconvenience. The bank must
| have some cash by the next morning, and
he asked me to get it. | told him
couldn't, and then he asked me to see my
father. My father consented to go and
see Mr.. Vanderbilt
In response to II question by General
Foster as to whether he supposed the CON
/ tracts were negotiated with government
officers or with contractors, the witness
said he understood it to be with cOntrac.
tors. The case is to 60 on tomorrow morn
ing ut II o'clock.
George f.. Spencer, cashier for Grant x
Ward, was recalled and identified Il bun
die of Obligations of that firm represent
/ ing their operations with various persons.
| [. >. Grant, Jr, was recalled by the DE-.
/ Tense and Identified II monthly statement
of Grant Il Ward representing profits on
a flour contract. several other documents
were identified by the witness, who said
he was led to believe by Ward that the
contracts were perfectly legitimate agree
ments. AT the time of the failure witness
had contracts representing *2OO,OUO in his
. hands which he believed to be valid. The
| witness did not take out as much money
at any time as he put into the firm. He
did not know many of the people who had
dealings with Grant a. Ward. In regard
to Warmers dealings with the firm he
said he supposed the latter was advanc-