The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-04-29
The .Anti-AlonoP0list.

by five or six men, who earned on it six
per cent. per annum, or three miiilons
and half of dollars year. Gould saw a
that while all the East was depressed by
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 70
which Wall street leadership was mere
marble nlaying. 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
prevalent superstition that the Caiifor-
mans are the best financiers IN the coun'
try and that their contest against the
greenbacks saved them many OF the evil
results Of the rebellion at this moment
Jay Gould had his imagination aroused
by this condition Of things on tar DIS
tant coast. He probably saw that me
Central Pacific railroad was Vulnerable
to attack, having so excited the Calfor-
MIA peolpe by its exactions and despotic
spirit that the last election for Governor
was made solely on the railroad issue, and
the company beaten before the people oy
Newton Booth-who also came to the
United States Senate to start an lnvestl-
CATION into the Central Paciics affairs.
which are generally supposed to be as
crooked as the Union Pacifics 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
the majority of its steamers, and selling
low on the stock list Gould knew that
this company and both the Union and
Central Pacific railroads had law suits
and debts with the government, and his
personal ACC uaintance with Congressman
and Senators had taught him that while
those suits might depress the Stock they
could be compounded and compromised by
} little money manipulation at the seat OF
: governerment. Gould is moral infidei--
a phrase which seems TO excite one OF
YOUR Philadelphia preachers who knows
: all about newspaper. am afraid that
the clergyman in question was chiefly an
7 moved Dy my unkind allusion to Dan
5 Drew, who was sketched as pcrslmmon'
| faced hypocrite. who carries his religion
! on margins. Jay Gould was described
, to me BY General Jones, Register of New
! York city, as follows. "Jay Gould, like
S any man who has seen the hardness o
i the world, is a moral infidel. That is. HI
b is man of good habits, good to hi
l. family and without domestic scandal; bu
e he has no faith in men. and delights il
S getting under them and hosting them
t If Jaw Gould does nothing better in hi
d way than Kidding the street Of old Drew
= he will be admired as much as if he ha,
z endowed Theological seminary on sucl
d an example as his business honor. TO
le was o leader in the street again after
p Ceedit Mobilier exposure. He combines
le capital and incessant application
y Jay Goull's residence is opposite til
is Windsor Hotel, on Fifth avenue. Car
y riages can be seen at the curb almost an
c. hour Of the morning, until O'Clock, a
which hour Gould dimes punctually wit
le his wife and interesting family of Chi
h dren. After dinner he drives in tn
a Park, alone or with his wife, and at nigh
IS is apt to walk down as far as the FIT
y, Avenue Hotel. Every day of his life is
il, distinct battle in stocks. Brokers, thre
i'd or four in number, call on him at
he O clock, confer and take his orders. FRI
ed ouently they are placed in different room
Ie- as are callers, so as not to observe eac
it. other. and confer. His Office is in IL
nd basement. Four firms Of brokers Al
of known to make his transactions. A tel
lat graph instrument in his Office begins
as record the news and carry advices to b
las brokers from . to o'clock. He is pa
tic smon.ous, but will pay literally for j
we formation on which he can speculate.
On. the railway and navigation or mimi
,en offices Of the speculative stocks, Gould
rec believed to have confidential men "
in send him the monthly business accou
zee before i. is footed up or announced to
CHI, directors. He goes long or short of
Ugh stock accordingly. He is At present usi
20 the national propensity for investigator
re- to further his movements against ri
ay, but dishonest corporations. He is hi
the self q good and rapid composer, with
the vein Of sarcasm in his style, and he I
has not remarked in vain the latter infiuer
-ett of the press to disturb doubtfnlly
less quired corporate property.
Ter freely receives and converses "
but newspaper men. ana MS money Is IN
nd press. He is the first operator sil
ugh Leonard Jerome, who used the New u
can Herald, in 1857, to "bear' Michit
rty- Southern, who has acquired the ST.
rant columns in bulk. He is only thirty Ell
l64 years Of age. A. W. Morse was wo
ons. three millions at thirty-one; A. W. D
cific mock had million at eighteen; 81
nci. Halter was the head Of the street, b
ldge rupt and assassinated ct thirty-sev
let Gould is probably good for $4,000
afes he settled With S. L. N. Barlow for
nent OOO, 900 plundered property Of the
bse- railroad, and gave up about half e
mes lion Of old junk. which Barlow took
han thanks. Jay Gould inspires distrust
Rod his character and confidence in his j.
ared ment, if you know you are receiving
Mon John B. Alley is said to have remarke
e Sc him At twenty-fsur: Il won't 90
love- anything with that lad He is the
cure young man ever saw who inspires
U~-ln~h.1t eArA