The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-04-29
The Anti-AlonopOlist:

pressed figure, while the Central Pacific Y
road, Of which it was the only outlet, e
had become one Of the most enormous G
private corporations in the world, owned Q
by five or six men, who earned on it six
per cent. per annum, or three millions !
and half of dollars year Gould saw q
that while all the East was depressed by
over-production and the decline OF values,
California was producing the precious
metals in unexampled amounts, and that
on the rise Of mining stocks personal
fortunes were made in day compared TO
which Wall street leadership was mere
marble playing. Foreign capital IS massed
at San Francisco to take advantage OF the
romantic investments there; the agricul-
tural resources Of the State are steadily
growing better, and it has come to be q
prevalent superstition that the Caiifor-
mans are the best fnanciers in the coun'
try and that their contest against the
ereenbacks saved them many of the evil
results Of the rebellion at this moment.
jay Gould had his imagination aroused
| bv this condition of things on Tar dls-
tant coast. He probably saw that me
Central Pacific railroad was vulnerable
to attack, having so excited the Callfor-
mia peolpe BY its exactions and despouc |
spirit that the last election for Governor
was made solely on the railroad issue, and
the company beaten before the people by
Newton Booth who also came to the
United States Senate to start an lnvesti-
CATION into the Central Pacifcs AFFAIRS
which are generally supposed to be as
crooked as the Union Pacific S under
Cakes Ames and Jim Brooks. The Cen
trail Pacific railroad, in its uncharltable
rivalry with the Pacific Mail steamship
!, company, had threatened to extingulsh
, competition by taking the China trade
from the steamship line through line OF
| British vessels. The Pacific Mail com
! pany was also very decrepit, having lost
E the majority Of its steamers, and selling
low on the stock list. Gould knew that
r this company and both the Union and
e Central Pacific railroads had law suits
e and debts with the government, and his
e personal acquaintance with Congressman
e and Senators had taught him that while
g those suits might depress the stock. they
:. could be compounded and compromised by
o a little money manipulation at the seat OF
r eoyernerment. Gould is moral infidel--
!. . phrase which seems TO excite one o.
your Philadelphia preachers who knows
l. all about newspaper. am afraid that
i. the clergyman in question was chiefly an
y noyed Dy my unkind allusion to Dan
IS Drew, who was sketched as q persimmon
al faced hypocrite. who carries his religion
ID on margins. Jay Gould was described
,g to me by General Jones, Register Of New
d York city, IS follows. .'Jay Gould, lik'
is anv man who has seen the hardness o
n the world, is a moralinfidel. That is. h
h is man of good habits, good to hi
ST. family and without domestic scandal; blu
he he has no faith in men. and delights II
us getting under them and hosting them.
at If Jaw Gould does nothing better in hi
ed way than Kidding the street Of old Drew
Ie- he will be admired as much as if he ha
ng endowed Theological seminary on sue
ed an example as his business honor. TO
he was leader in the street again after
UP Ceedit Mobilier exposure. He combine
he capital and incessant application
by Jay Goull's residence is opposite tt
is Windsor Hotel, on Fifth avenue. Cal
nv riaees can be seen at the curb almost an
&C. hour of the morning, until 2 o'clock, .
which hour Gould dimes punctually wit
he his wife and interesting family Of chi
Oh dren. After dinner he drives in tn
a Park. alone or with his wife, and At nigh
ess is apt to walk down as far as the Fiji
ay, Avenue Hotel. Every day Of his life is
til, distinct battle in stocks. Brokers, thre
md or four in number, call on him at
the o'clock, confer and take his orders. RI
ted quently they are placed in different room
de- as arc callers, so as not to observe eat
rit. other, and confer. His Office is in Il
md basement. Four firms Of brokers .
i Of known to make his transactions. A tel
hat graph instrument in his Office begins
vas record the news and carry advices to
has brokers from 9 to 2 o'clock. He is pr
site simon;ous, but will pay literally for
ave formation on which he can speculate.
ION. the railway and navigation or mini
cen offices Of the speculative stocks, Gould
Tree believed to have confidential men v
in send him the monthly business accou
iece before it is footed up or announced to
nch, directors. He goes long or short of
ugh stock accordingly. He is 1t present usi
20 the national propensity for investigate
re- to further his movements against ri
ray, but dishonest corporations. He is hi
the self = good and rapid composer, with
the vein Of sarcasm in his style, and he
has not remarked in vain the latter influel
.rett Of the press to disturb doubtfnlly
ness quired corporate property.
Jer- freely receives and converses y
but newspaper men, and his money is in
end press. He is the first operator 81
,ugh Leonard Jerome, who used the Nex 7
can Herald, in 1857, to 'bear" Michii
irty- Southern, who has acquired the st
want columns in bulk. He is only thirty-ei
164 years Of age. A. w. Morse Was wo
ions. three millions at thirty-one; A. W. D
lcific mock had million 1t eighteen; s.
incl Haller was the head Of the street, b
Judge rupt and assassinated 1t thiTty-sev
, let Gould is probably good for $4,000
safes be settled With s. L. n. Barlow for
ment 0OO, 900 plundered property Of the
ubse- railroad, and gave up about > half ~
Ames lion Of old junk. which Barlow took '
than thanks. Jay Gould inspires distrust
erin1 HE ch~r~ r<ne and Nnn4s6 eyaeA in his Ii