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Rh before the banks opened, young Grant called for a check drawn on the Marine Bank for the full amount, and hurried with it up to Mr. Vanderbilt's house, eager to pay the debt at the earliest moment. He found Mr. Vanderbilt at home, and delivered the check into his hands. Both men considered the debt thereby paid, and the whole transaction closed.

Monday saw everything righted. There was no further trouble, and the Grants dismissed the incident from their minds. Once, late in the afternoon, as Ward passed through the room, Ulysses Grant, Jr., asked, "Everything all right?" and Ward replied cheerily, "All right now." But that night after dinner a messenger came to young Grant from Ward, saying that Tappan had drawn again, and that it would be necessary to borrow $500,000. "I'll try for $250,000; and you do the same."

Grant was a little irritated at the demand, and for a moment determined to make no further attempt to help the Marine Bank out of its distress. However, after thought, he concluded to see what could be done, and taking a list of negotiable securities which Ward had sent by the messenger, he went to Jay Gould, and presented the matter.

Mr. Gould curtly replied: "I don't like lending on those securities," and young Grant concluded to do no more borrowing for the Marine Bank. He went to S. B. Elkins, however, and explained the situation. Mr. Elkins, who was Senator Chaffee's attorney, seemed a little bit puzzled over the case. "I don't understand this. Suppose we go over to Brooklyn and see Ward."

Ward was out, but they decided to wait for him, although it was nearly midnight. The servants were directed by Mrs. Ward to set out some cake and wine, and the two men remained seated in the dining-room till after midnight, waiting with growing anxiety for Ward. It was well towards one in the morning when Ward suddenly and noiselessly entered by a side door. He was calm and very self-contained. He explained his absence by saying he had been to see some capitalists. He said he had not been able to raise any money, but he did not seem specially disappointed at his own or his partner's failure to borrow the sums needed. All agreed that the Marine Bank must needs take care of itself.

Mr. Elkins, however, as attorney for Senator Chaffee, who was one of the largest creditors of the firm of Grant and Ward, demanded, on his client's behalf, to be secured. Ward said, "Very well;" but added, "I don't see the need when Senator Chaffee can have his money at any time on demand."

Mr. Elkins insisted, and Ward promised to be at the office early the next morning to turn over sufficient securities to cover the whole amount of the Senator's investment. Upon this, young Grant and Elkins took their departure, but all the way across the city Elkins discussed Ward's manner. "The whole thing is suspicious. Did you observe he had his slippers on? He was in the house all the time, and was afraid to come down and see us. Why should he enter at the side door?"

Grant stoutly thrust aside these suspicions. His faith was unshaken. Early the next morning Mr. Elkins and young Ulysses hastened to the office. Ward was not there.

"Where is Ward?" asked young Grant of Spencer, the cashier.

"I don't know," replied Spencer. "I came by the house this morning, and when I rang the bell, Mrs. Ward came down much excited, and said Ferdinand had gone out early, leaving a note to the effect that the bank would fail to-day, and that he would not be home. She seemed afraid that he was about to commit suicide, and wanted me to go and look for him."

Colonel Fred Grant came out of an inner office at this moment, and said that Mr. Fish had been in, much excited, to say that Grant and Ward's accounts were all overdrawn, and that he would not certify or pay any more of the firm's checks.

Young Ulysses was amazed. "That can't be," he said. "We have over $600,000 on deposit there. Is not that the sum, Mr. Spencer?"

The cashier brought the books; $660,000 was the exact amount.

"Make a test of it," said Mr. Elkins. "Draw a check, and send it over to the bank."

This was done, and in a short time the messenger returned to say that the officers of the bank, by order of Mr. Fish, refused to pay the check, and stated that they could honor no more Grant and Ward checks.

This was startling news, but even then young Grant did not realize its full import. He knew of but one interest that was suffering at this time, that of Mr. Chaffee; and when Mr. Elkins insisted on being secured, there was but one thing to do—