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Adam Badeau, Grant in peace: from Appomattox to Mount McGregor, a personal memoir 1 1 Browse Search
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Adam Badeau, Grant in peace: from Appomattox to Mount McGregor, a personal memoir, Chapter 49: (search)
ne Bank, where Grant and Ward had large deposits, was in danger, but that speedy assistance would enable it to overcome the difficulty. The assistance, however, must be immediate if they would save themselves. He urged General Grant to obtain at once a loan of $150,000 for this purpose; and Sunday though it was, the old warrior sallied out at the instance of the partner, who knew at that moment that all the fortunes of General Grant had been lost through his means. He went first to Mr. Victor Newcomb, who was not at home, and then to William H. Vanderbilt, who at once agreed to let General Grant have his cheque for $150,000 without security. He said that he had never done such a thing before, but he would do it for General Grant. The General expected to return the money immediately; he wanted it only to enable the Marine Bank to find time to collect its loans. Ward had assured him, and he repeated to Vanderbilt, that there were securities for more than a million of dollars in th