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Rh National Bank, and wooed and married her. He made acquaintances rapidly, and turned casual associations into friendships,one of the most valuable of his friendships being with Mr. J. D. Fish, president of the Marine National Bank.

Sometime in 1879, through his brother William, Ward met Ulysses Grant, the second son of General Grant, who had established himself with a law firm in New York city. U. S. Grant, Jr., had charge of General Grant's property, of two trust estates, and also of other funds. Mr. Ward at once asked him to go into some speculations with him, and set forth the safety of an investment in flour certificates, which his position as clerk of the Exchange gave him special insight into. Young Grant allowed Ward to use some money in this way, and the venture proved successful. Ward then interested him in the scheme of buying seats in the Produce Exchange, and holding them against the coming boom, and young Grant found his bank account growing with gratifying rapidity, and was able to report to General Grant, who was in Europe, in the most satisfactory phrases. He was not yet a formal partner, however; the association thus far being merely for the individual enterprises in hand. The time came when Ward owed Grant on borrowed money a very considerable sum—nearly $100,000. At this point he proposed that a private banking firm be organized to do a regular Wall Street business, in which he was to be financial agent. In this firm J. D. Fish, president of the Marine Bank, was to be a silent partner. Young Grant at first declined, but upon the urging of Ward and the assurance that Mr. Fish was coming in, finally consented.

This was in 1880. At that time Ward was regarded as the most brilliant young business man on the street. His office was the meeting-place of the most trusted and influential men of affairs, and his standing was of the highest. Every venture he had commended had succeeded, and Grant would have been a singular exception had he refused to go further with such a financier, especially as the president of the Marine Bank was to be a special partner in the firm. Meanwhile young Ulysses had married a daughter of Senator Chaffee of Colorado, and through this connection the Senator became an investor with Grant and Ward.

The firm of Grant and Ward at once took high rank. Bradstreet rated it "Gilt-edged," and its credit was unquestioned. When in 1880 General Grant had been defeated for a third nomination to the Presidency, the question of engaging in some business arose. He refused the presidency of the Nicaraguan Canal, but he accepted the presidency of the Mexican Southern Railway, on the understanding that he was not to receive any salary or any stock. He had plenty of opportunities to allow the use of his name, but his deep interest in Mexico, which sprang from his early life there, was more powerful than any offer of money. He moved to New York to be near his sons, Ulysses and Jesse R. Grant, and soon afterward put all his savings (about $100,000) into the firm of Grant and Ward, on condition that he was to be a special partner, liable only for the money he put in.

General Grant's office as president of the Mexican Railroad was in a building on the corner of Wall Street and Broadway, the first floor of which was occupied by Grant and Ward. The firm was now composed of Ferdinand Ward, J. D. Fish, and General Grant and his son Ulysses. Ward was the financial agent and sole manager. The General had no detailed knowledge of the business, and asked for none. He left the whole matter to his son Ulysses, who, in turn, trusted Ward with the entire financial management. Thus Ward had complete control; but in offset to this he said he was willing to guarantee the firm against loss. So phenomenally successful did he prove both in the firm of Grant and Ward and also in his outside speculations, that great business firms trusted themselves as completely in his hands as did the Grants. J. D. Fish, president of the Marine Bank, backed him to any amount; and Mr. S. H. Grant, the city comptroller, and Mr. Tappan, city chamberlain, and Mr. W. R. Grace, Mr. W. S. Warner, Senator Chaffee, and many others were equally trustful. In addition to its fine credit, the firm started with a paid-in capital of $400,000.

It was a time of "boom;" that should be remembered. Railways were building; the new lands of Kansas, Nebraska, and Dakota were being opened up. Speculation was universal. Fortunes were made in a day—almost in an hour—and men were prepared to believe any sort of romance which concerned itself with railways or buildings. The way was prepared for a man like Ward, who had an uncanny power over men. His words were golden, and his daily life a fairy-tale of speculation.