, 1879-02-19
Tho New York Papers sim u,,
Him Utterly Defeated.
They Allow, 1iowovor
Ao ls Worth About '
$5,OOO,OOO.
Alleged Victory or tha v
Bulls W'o Have Been
Hooking Him.
He Has Bsen sont to Eth, NIL y
At7'r Again Sway I'll. N ''a
Street,

NEW fo1iK, Fcb. 1s.-Thas 1ov 0o,,,
htcppea aown Rhd ont as lender in w,,I ..I uss
Is acknowledged. Tint hIs ructntce ca,s s.ses g.
terms was doubtless duo nut 10 con.iI.s... n'n
lor MN, oat to their own intcrest IN ssoa ....'
Ing such panic In stocks pcncr,,Ir r'.tent'
easily have followed had thcy torccd H.. ls hight
pear Into bankruptcy. They did 5orro ht,1. t.sas
71ftuol'y rcstro frun The street, Rns,c,, M S"u "
prominent Director Of t,uton p. asge'
and one Ut The new Syndicate wb|ch r.as' .s'''
to run that road, expressed It all whrn rsposes ~
0ouEd wanted TO taKe a rest, dill mt co,a ~ aau
working as hard M he had bcca t,u{rc 49, aoous
willing to rottre altogether fran thc 11n.a. "as
c'ac. If desired to To ~. sfr. Sara odS.a ~ ~
belief thut Gould would Iesyo IL" .a ... us
except rs ho might take l,on1 H. 10y, ~.
occaslnnal amusement. The T;,ns, 'or
"Tlc fact that Jay Could hns teeu for,sis; ~:
surrender bis control OF the union p.e,a. ~ 10
road was tho cnzrossng top!c ot eongersa,inn Inn
on Wall street and In business c;rr,., ...s'
where to-day Goula never 1nade any .et...
tlat ,,'s a'nbitlon contemplated nothing let.
than Inc formation and control Ut Grand t,nnt
line across tic Continent from Ban rranr,.cf to
Boston, With branches In all direction, tunnny,hs
principal mncs mud centres OF business alone tho
route. le waa an imItator Of Commo1o,s
Vanderbilt, but on a much larger scala. snJ
thought TINT, as In the lattcr's case, sucr..s
would be accepted as Justification Of auy mean,
however dlsreputabfct he might employ to M.
comp|ish his ends. In furthcranco Of hia IN,
a!gns, be secured control Of tho uaton Pacific =,
nucleus for hfs proposed through line. Tho
methods by which hc obtained funa,
to DO this are known to EVERYDAY
conycrsant With tile history Of tue E,la
Railroad and With tho manipu!atlous Of Dlatk
s''.. Fr'1sy He aI,,1 bus held gu to bis Union ras
'! no!elass WIN tcoae'ous grip, kuowIng that,
without them. SUCCESS WIS out Of tue question.
II is inserted tlat be hata every share Of stork
owned by him stamped acrosa n. foco .v,t., tn ~.
name IN re,i INK, to enf,a'co The dn1cu1tyot
ent wrcckes Of every connecting Or con,p.,Ina
lIue Of roau whose acquisition or ruin co,,1;
nil him. The rrcors NJ railroad hi,.o.m soa1
the past ten years are full Of eia a1sreDutab'o
At every point. Many railroads Iare been 1'ta ,u;a.
I'd, many widows and orphans wbosc nj, w,,
{nvooton In tr,o1r ,,t,. ~, ,,,.r,. an ".9
~. 1a ,' ," % ~, 1,osAS uAa ooaus aase stsf'ea'
wrought Tile ssory VI the rcccut rise III
stocks las been told, Gould, "a u.na,.
was OIL the wrcck,ng .t,r. hut ~,
n,too,,oro,.d r,r,,,iao,,.,a no.us..,,o s1s VS.
oa'f.e4u' .o',o Hee"t'p|'oht aha re-
turning prosperity being on thu ste Of hisop-
ponents. In his dcsDrrutlou hc re.ortcl to
every trick with which 1onr nroct1ra h.l
malo linn futn,lar, Int onIv .nececdal IN
'.ss,,.,,.'.. s"s ,.'..aa,r as ~! eI'sesasa ~
ovo ;a nrn",, utS a ao -. e'a
against the Chicago d Northwestern Company.
At length he found himself "short" II