His name was used to further a brazen scheme of thievery.
Into the business he put a hundred thousand dollars, and drew two and three thousand a month income without wondering how such returns could be. When the crash came on May 6, 1884, it was inconceivable to the world at first that he was not guilty.
Presently by his conduct and statements, by his making over to his creditor, Mr. Vanderbilt
, all the property that he owned, and refusing Mr. Vanderbilt
's generous attempts to give it back to him, the world recognised his innocence.
Help was offered this ex-president who had not now enough money to pay the milkman.
Most touchingly, a stranger, Mr. Wood
, sent him instantly five hundred dollars, and soon five hundred more, as his share of the nation's debt to him. More elaborate attempts to assist him were begun, but he rejected them.
And under the whole shock his body gave way. But