Grant failed; the Marine National Bank, a key instrument in Ward’s duplicity, shut its doors. Ulysses S. Grant considered himself a millionaire the morning of the crash. By evening the $80 he had in his pocket and the $130 Julia had with her represented all their liquid assets. He kept his houses, and William Vanderbilt would forgive a large loan, but otherwise he had lost nearly everything. Ferdinand Ward fled, was caught, tried, and imprisoned.52

