The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-03-24
WARD COMING OUT AGAIN.
rHE NAPOLEON OF FINANCE TO LEAVE
SING SING ON APRIL 30

Mas he Money HiaAeu Away the May Ne
KearresteA-ne Has Reea IN Prison Six
Years saa . Half or His Ten Years Tern
Il 10 only short time now until Ferdinand
Ward will have served the last hours Of his
long term In Sing Sing for his part in the ruin
OF the firm Of Grant l. Ward and OF the Marine
National Bank. On April 30 next he will put
aside the striped suit he has worn since Oct
81. 1885. and will set out from Sing Sing to
begin life again. He entered the prison ct 80
years OF age and will leave II at 30.
Although he will ind the world good deal
changed. tho world will not find much change
In him 40 far as outward appearances co. He
has lost the long light moustache he wore In
the days whom Wall street looked upon him ass
rich. and to be richer. young business man.
with rich and powerful and famous friends at
his back. And his face has lost something OF
its keenness and restlessness and confidence
But 1t Is still young face smooth and rather
sallow and rather thin. His form Is still In.
clined to be slender. although II has filed out
q good deal within few months.
There were four partners in the hrm OF
Grant h Ward which failed 80 iRnominiously
in 1884. Iun. Grant and President James D.
Fieh 81 tho Marine Nai;es.l Bank were sps-
cial partners. Ulysses 8. Grant, Jr.. and
Ward carried on the business. although young
Grant. as appeared at the trial. seemed to know
little about 1t and to trust everything to Ward
When the wreck came Ward asserted that IL
was the folly OF the Grants and the wickedness
OF Fish that did It all. But there was little
testimony to this but his own word oontro-
verted by facts. Fish won't as United States
prisoner to Auburn for trusting Ward with tho
funds OF the Marine National Bank. and after
ward Ward went to Sing Sing.
When he got within its walls. with tho
striped clothes on his back and his hair cut
close. he settled himself to make the best OF .
bad job. The Court had sentenced him to ten
years Imprisonment. but he found that, II he
behaved himself and gave close attention to
the prison rules. this term would be shortened
three years and six months for good behavior.
ward Is cool. practical man and he set him
81 sf Ssy a t. sG p4ds nrss hs
no trouble. II can have been no great
least tendency to dlssipatio n'e Or vic h ldness.
He was the son % Of minister who preached in
had come down to the city when he was about
2S. and BY his cleyerness. good habits. and
%
congregation and the treasurer OF the sunday
sdney nes %ss s IN The
tional Bank. Their married life was quiet aud
When no was a boy he hal learned some
thing about the printing business. So at Sing
Sing they sot him to work at the little old
managed It e wsli and earned out such good
letter and bill heads that they ,, soon bought
thy hsye kept p him s ' work i0o
doing the prison on printing; he has worked
sistane AZ he xas the swell prisoner;
tho visitors were from New YORK Re turned his
had st any talk WITH him Except on matters sol 81
sation. And although the dull monoton ny' Of
changeless days and changeless nights must
have worn upon him: he never showed any
risy In matters Of RELIGION al He has made
no pretences Of having received grace, and has
~. iSs1
ieasod, Interest and pIfaeipsi Viii Be- given to
to New York. and suit Of cheap clothing II he
When he came to prison his wife was alive.
2 yopnng woman broken with shane ,I. but hay.
showed any emotion wa, when he asked e be
.sasa IL. & live
and E Il charge q his ,, TI1ss relatives
p pes and that Ward had Ills money a ad
pSt need 70 invest his $500 and his SO q once
has relatives OF some Influence who are willing
and ready to come to his aid.
Ward was convicted In October. 1885 OF
grand larceny in the first degree. in inducing
President Fish OF the Marine National Bank to
cash a check for $75, 900 on the First National
account in the bank being exhausted. Mr.
Nicoll said that he knew Of no charge pending
in the State courts against Ward. but there are
untried indictments against him In the United
States courts. It is considered probable that
and lodged In Ludlow street jail to await trial
in the United States courts.