Did you clean the pistol of its preservative coatings, before trying it out? Preservatives are thick and tacky, and if there's some in the barrel's chamber, it'll grab onto a cartridge and not want to let go. Clean everything well with a solvent or "gun scrubber" spray, and try the process again.

Look at the ejected cartridge for bright, shiny streaks and scratch marks. Check to see if its bullet was pressed back and her into the case on its way into the chamber.
Lots of bright and shiny areas indicates a tight fit in the chamber. Either the chamber is too small, or the cartridge is too big. Check both with a micrometer caliper, to determine what to do.
Scratching may indicate a burr left in the chamber wall or its mouth. Strip the pistol and examine its barrel (inside) for tiny protrusions or rough areas.
If the bullet got pushed back, deeper into the cartridge, it may have bulged the case a little. Look for "dings" on the bullet's nose and shiny spots around the case.

Tell us what you find.

Followed your advice to the letter.

Finally was able to shoot it today. Kicks like a mule. But I had no malfunctions of any kind. I fired steel cased FMJ's and brass 115gr. 150 rounds total no failures. I inspected the cartridge as you said and it looked fine. It is one I fired today and the gun went bang as expected and the case ejected over my right shoulder. I do believe it just needs to be broke in cleaned and broke in and cleaned and then exercised regularly. Thank you so much for your help. The slide does now eject a live round. I am sure it was most likely just brand new. These things need a little TLC. Which I don't mind at all. I am developing a collection of guns that I can hopefully share with my son when he is a little older.

Thank you so much for your help sir. You must be a gunsmith or have shot a few rounds in your day.

Also Limp-wristing is most likely the source of ftf & fte malfunction probs people post in here. This Gun just needs a very stout backboard to completely cycle.