General Grant's Insolvency.

Feilding Star, Volume VI, Issue 115, 14 March 1885, Page 4

General Grant's Insolvency.

T General &r6,rit's insolvency.' arising 'from c arid • Ward's failure (fate American correspoiident of the Trtnes . says), : .attract' great' attentionJ Mr - Vanderbilt. has^een pressing General •? Grant for payment of Jus 150,000, dollar cheque, which the latter borrowed from him' for that firm just before their failurel General Grant ' has stripped himself of everything to settle the claim. MrVanderbiltihas \ on the .General's i personal: , 'effects. They Will 'be .sold under,., execution on the Sri ' of ' January . i unless the case $>c : kettle'cL 1 The . ; seizure includes his swords; his^' keep-' v sakes, the gold box presented to' him ■ in London, and similar ;j?ifts.- Mr t Vanderbjlt will afterwards , have,; ; General Grant's houses and farms 1 in.. - Philadelphia, St. Louis, and else wi ere to proceed against. : The General " rf accepts the situation stoically,' arid ' will yield everything without^ a nrar- -'^ mur. He .has made arrangements :to ; ; , write articles for the Century Mag- ; azihe, upon the proceeds of which Jbe.,,-+ can live. His friends recently' begian .'" a movement to ! save him* by 1 ''; Mr Vanderbilt, who < now 1 offers' to " accept 100,000 dollars in, rfol|ipay-. a ment. General; Sherman, Messra 6 George W. Ohiids, Cyros^el^A,, ; J. T fl Drexel, Hamilton Fish, and others *' will contribute to this jM&^ffi $£n ' have General Grant's property Tabugßfk'^ ,and placed in trust inTorderttf secure < ** it. General Grant has aged ; rapidly _: --, in the past few months. His mJE|or? . :; tune has affected him greatly. He „ continues 1 lame, , add is J otherwise seriously ill. Hs will visit Philadel- ' J phia next week for medical treatment. ; . f >. ........ ■ ,= ■ .; „f; ... 4 .