The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-04-29
JAY GOULD.
Of the Great Modern OPP
erator.-His Recent Speculati0ns and
Present Schemes-The Capture Of
Pacific Mail.

Pacific Mail.
Especial Correspondence of the Times.)
New YoRK. April laval street, so {
much derided by commonplace cities as
the Devils Exchange, is at this moment
D mirror ofwhat is taking place every
where. Instead of dozen heroes in its
Pantheon, there is but one--Jay Gould.
He has nearly broken Daniel Drew, the
head of the bears. Rufus Hatch, whose
operations with Michigan Southern
stock in 1857 netted $2,185,0O0, has
been exploded by Could, and has sailed
for Europe. Henry Keep has been five
years asleep under 800 600 mausoleum'
and his wife has found husband for the
s., O0O, 900 he left her in Judge Schley, OF
Georgia. Vanderbilt no longer visits
the street, and his stocks hold
their high figure from the integrity of the
man; that is, Vanderbilt will not
permit his own stocks to fall on his
friends, although the condition OF the
Lake Shore Railroad seems to be any
thing but sound. Jim Fisk died the
brawler's death he coveted. Horace
Clark passed away with the serenity he
had lived. | saw Leonard Jerome few
DAYS ago lunching in the park, passs and
Indifferent. He was the Sardanapalus OF
the street, and under his domination Pa
cific Mail sold at 800. With more intel
licence than any other broker. educated
at Princeton, he lost millions by foollshly
remaining uptown at pleasure on the day
his company held its annual meeting. lie
is now worth three quarters of million,
which he husbands as close as he can and
avoids the street. Tom Durant dropped
out of prominence very much for the rea-
sons which exhausted Jerome-pleasure
and extravaganza.
| There are no such times at present LOT
rapid speculation as in the period OF the
war and succeeding it. DR.. Shelton, the
hermit operator, who used to appear late
in the autumn from his country estate
and carry $4,000 shares at time, bearing
GOLD meanwhile, is only tradition now.
Amasa Stone and Alexander MITCHELL who
are great railway officials, send in their
orders at times, but have grown conserva'
tive.
Jaw Gould, despite his great unpopu'
larity, has shown more tenacity, appll'
cation aud clearness of head than any
modern operator. He is not as tricky as
Daniel Drew, with whose circumstantlal
aid he and Fisk contrived the celebrated
panic and riot of Black Friday, supposine
the President of the United States had
been PANIED to their interest, through hi:
sisters husband, Corbin. Corbin, an un
scrupulous parpenu, had played false VIII
Fisk and Gould, and also with the Presl
| - ho
Secretary of the Treasury and enormous
| houses like Barring Brothers to deiea
t Gould's speculation. He merely locke
c up all the gold he could get, de
pressed railroad stocks, while pushing
: gold up to 49, After Fisk was murdere
), by Philadelphia boy Gould held tn
). Erie railroad until the mysterious cou
!. d. etat of Dan Sickles was made, and tn
:. Erie Presidents Office was carried b
n storm. Gould then abdicated. but he
v thought to have come out with yer
d full hands. THERE'S no other way of az
counting for his subsequent capital.
a The tradition as to Gould is that h
Q. was originally tanner in the Lehig
20 Valley, but of New York stock, with
st little Hebrew in it. He failed in busine:
=. and came to New York to make wa.
,g which he did by chance trading. unit
rs with the rise of the Tweed power AZ
g. Fisk S fertile invention, he captured II
'. Erie Railroad from Drew, and consente
to the series Of frightful corruPtlons d
vised by Fisk, who was the daring spiri
The fall Of Tweed, the impeachment al
ruin Of Judge Barnard, and the death
he Fisk by bullet, were consequences OF tn
M coalition After Fisk's death Gould v
ct off-color, but, like Josie Mansfield. he h
Ne since reappeared. His alleged domest
purity, temperance and frugality ga
es- him some foundation to rebuild upo
rs Anticipating the present conflict betwe
IT the Baltimore and Ohio and the thu
an Northern roads, Gould spent his exile
nc extending his short and profitable pie
mo of rail from Sandy Hook to Long Brant
EN- on the Delaware river. throu
nb- yineland. This brought him within
an an miles of Baltimore by airline. He
no ceived help from the people on the vi
cen and showed such economy that 1t was
on general belief that he made money on
es- mileage. No piece of road so cheap
vas been laid in the East. John w. Carr
re,y was not very solicitous of busin
MI partnership with jay Gould. and the }
MI sey Southern has had its reverses,
de- negotiations are presumed to be still pc
ing between Gould and Garrett. tho.
it is my belief that as long as Garrett
carry his New York freight by thin
hour outside steamers, he will not v
,on. to maintain three bay ferries and
he'd miles Of rail at jay Gould's expectatie
'ver Gould fixed his eye on the Union Pae
east railroad many years ago, and the Prr
pal article of impeachment against Ju
ner. Barnard was granting the order to
king Gould blow open the Union Pacific $
he -an act which led to the establishn
out of the Pacific Offices in Boston Su
quently it was proved that Cakes A
4 Co. were no more honest t
P IN Gould & Co. After a brief pei
ard' of obscurity Gould again apes
nan by proxy, and selected the "
long Pacific railroad as the NEST available
Al curity in which to produce rapid m
ments. OF course movement to sex