The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-15
now GOULD UNL0ADED
ruE sTOOL PIGEON IN THE ROLE
OF AN AUCTIONEER.
A Pound Party In the Tribune Rum shop
The Opening of the Mysterious Packages
A nin Ihnn n nd MhnI NrsulIed from u.

Young editor said that he was very s"IIN' h"u
hoped that the stock-jobbing department was
run to Gould's satisfaction; indeed. he had de-
cided to present to Mr.Gould an estimate ofextra
expenses during the Centennial year. JAY Gould
politely told the young editor that he might pre-
sent tho estimate at some other time and TO
somebody else. lie was in no hurry to cav ont
any more money on the ID Tribune account
Then Jay Gould proceeded to inform the as
tonished stool pigeon that business had grown
so dull In Wall street that he couldn't sell any
thing there and that he had determined to I'M
load all his stocks somehow. and try to huild up
a new pair Of eyebrows 10y means Of relaxation
and a change OF climate.
"By the way, did you ever go TO pounu
partyr" said Gould.
The Professor Of Journalism said ne hau "'''
but he had read Of one In THE Sun
"wen," said Could II saw that account 100
and have an idea. You see they PIT all KINDS
of traps in packages to the amount OF pound
and then put them Nv az auction No one knows
what is inside except those making them up
The mystery makes people bid them up high.
The price obtained depends upon the respecta-
bility and social station of the party selling
them. Now, what do you think about NV social
position|
The young editor coughed hard. and It was
not until Mr.. Gould. APPRECIATE tho absufdity
Of the inquiry. resumed his conversation with
out waiting Tor "A reply, that ne icc"Ncreu'
MAKING Up TIM PACKAGES.
Now" said Gould, "if should furnish
things to make up into pound packages, stocs-.
bonds and securities you know, and you hould
guarantee that they were all right and a big
thing. we might sell out an awful pilo OF stun In
single night. You might get enough To take
up the Tribune stock, and could dispose of
nearly everything have got on hand.
" Hut what would you put IN the packages p
nsked the editor.
Southern, and lots of such things replied
II thought You said awhile ~, that YOU
wouldn't sell share Of Irion Pacific less than
par Z" continued tho iuQusitVe REID.
"A person has q rig't g. change hls mind.
must talk for the galleries, sometime Tor
private boxes, and again for the marines now
you lust 20 to work and advertise this ~ JAY
Gouds pound party endorse 1t edltorWlv, tX-
plain the scheme, throw In a few neat ailusians
to the honesty Of paper founded hv Horace
Greeley, and say that to avoid humhuegery YOU
will act as auctioneer Yourself Have the AFFAIR
come OF in the Tribune building one week from
:" IN the Tribune buildnsl Why we have no
cern is just like great slab plenty OF room
outside but paguey little IN Il. There "a really
wouldn't do to have 1t down there" remon-
YES It would! down in the beer cellar THAT'S
exactly the place oil w the people with rum
for nothing nj they'll buy everything We sat
up, and at any price,
JAY GoULD's nc IDEA.
The Gin mill was In fun blast on the evening
advertised, and the parties who were expected
60 invest in prize packages were treated liberal
trait OF Horace Greeley adorned the w,Jl ana
his countenance beamed down placidlv upon
the gathering throng. nil weeds likeness,
too. was accorded prominent position a "A
possible controller Of the fortunes Of the
When the company were nearly all assembled
and had grown merry with free libations, White
law Reid entered with jay Gould leaning on his
arm.
The guests who were on hand at the entertain
couple, aud forthwith deserving their beverages
applied themselves TO the business II the
evening.
The assemhlace was Of the most miscellane-
GUS character. There were capitalists who had
survived the panic Of 1873, aud tho sad turn 90
the wheel Of fortune On Black FRIDAY ~ letJ.
There were investors woo had been gathered to-
gether by the prospects Of famous largaias.
American newspaper" There were merchants
who were curious to find out whether anything
dies at auction. Besides these men, old tum-
mers from the Fourth Word, who came In oat Of
reporters, CLERKS, and fair sample OF the mis-
eelsneous population Of a great city nlled the
basement.
When the party was ready for the beginning
OF ceremonies the young editor, d. engaging his
arm from the tenacious grasp Of Gould, mount
ed beer barrel in front Of the counter 90 avoid
Interference with the business of the bar, ana
harangued the multitude.
THE STOOL PIGEONS REMARKS.
"sPEcuLAToRs, INVESTORS AND READERS
Df Tue TRIBUNE; OWING 70 the superior
Ihrewdness OF the party who entered this
to the influence which ho has acquired
by enlstng me and the paper which
edit in favor Of his schemes, YOU have in many
cases been sweetened out OF your money.
My noble patron recognizes this fact. ana
out OF the deep compassion OF his meant End his
unbounded generosity. has invented plan by
which YOU may recuperate your wasted fortunes
and again enter into the possession Of enormous
wealth.
Forget when these offers are made to you
tonight that you have ever been triched hy
The party who supplies the packages hnd pa
boldly to the extent OF your cash resources for
whatever he sees 1T to offer
Remember the Tribune was founded by
Horace Greeley, whom you all know was an
honest man and take notice that his successor,
mallgned though he be by envious sheets, would
not for his Interest that Of Gonld's to do so.
N lis efBS oa o Sa9 . 9 R f5 osJ S9 Sy the
pound package system, IN order that he may
Iseek more saubripus chimes he will therefore
|seli out everything n this novel manner EN-. no
Xlthose Of less intrinsic worth. hememuer that
.he sale Is absolute and that he cares only 70 set
VIA OF everything "a quickly AS possible. FTice
Il no object, for Mr.. Gould Is going away
THE AUCTION SALE.
Here the stool nigeon's voice broke down and
q tear dropped uuhidden, Just as one OF the bar
senders banded up To him pound pack ige. in
brei time lac recovered from lis emotion aul
4 How much. gentlemonl how much for this
mbackase warranted to contain a "a. liable por-
Ition OF Jay Could prope!tyf Peope who buy
Wfyiil have the bundles maricd with their names
Band open them all Mt the same time when the
Mluction is over. The greatest scheme of the
kcentury for the bcncfaction Of the human race ;
II Grace Geeley as he looks down upon us from
ITthe wall endorses II with his hIld smile
IL so does the Boss" chimel in an old bum
IL mer, looking up with misty eyes toward fweed's
III portrait,
y Alter spirited contest. the H,st package was
Il Knocked down to an outsider for 30 D. The
Il money was paid over to the aIct.1uc4r, who
Il handed II to Gould aud went On disp1.ug OF
u another package. Great curiosity prevailed to
earn the contents Of the tirst one sold, bur ac-
\ cordng TO the rules Of the evening II could not
be opened until the entire lot had been disposed
Of The word Of tho young editor, as man OF
,Onor, the successor OF Horace Greeley, and the
n eading American Journalist, that the whole
kthing would be fairly conducted was sufficient.
ii Tie guaranteed that what was sold went for less
than Its actual worth, and Sd one package after
mother under lis skilful pulling WAS sfddled
mon the occupants Of the Tribune basement.
~ sorts Of prices were realized, and By reason
the mystery enormous sums were obtalne =,
many instances. ="
SUPPLEMENTARY ZIG IDF =
iould watched the proceeding ,,th ,ha ,,.oa,
interest, and transferred - rs,s, - T"el
Reid handed II over To- che neide rockets d
Ulster ~ "''-N '''' NJ