The news and herald. (Winnsboro, S.C.) 1877-1900, 1880-11-16

H7u
:. man. .s !, sts5t s.,l7-,' u
i At last ! closed out. had In nv
hand moro than $4,000. L hud not
J invested SO many hundred. What
scribe had ever been SO fortunatol
Stocks still advanced. 1t seemed as If
they would never stop going up. 80
! sat down and tried for days to de-
eide what 10 do. Coolly, deliberately,
and after rs much and rs mature
thoughts as | am capable Of, + went
back to Wall Street with my money.
l had no use for $4,000. lad great
use Tor S6O,OOO. l hug myself in salts
taction now to remember that thought
not SO much Of myself as Of my friends
at this time. I could get Oh with that
small sum we'll. But, away out on
tho great gold shore OF tho vast west
sea, wanted to build q home-a city.
lwo!ld gather aboutme tho dear spirits
Oh OH. LII some sweet spot where
thcro wore woods and cool waters, a
warm sun and prolific soil, wo would
meet and build u city--a city Of re-
1uge-whore every Bohemian might
come and have a home, rost, peace,
plenty, so long rs ho or she should
llve or care to stay. I evon drew up q
plan Of my city, and framed O few
brief laws for its government. named
1t Utopia.
On returning to Wall Street I chose
three different brokers-ono q "bulp
house, one a "bcar" house, and one q
"cOnscryatiye" house. Bv this
hoped to get all sorts Of opinions. 1
got them.
With my "bcars" I sold st. Paul
short. There was talk of rust, grass.
hoppers, rains, floods. ST. Paul would
| tumble to tho centre. 1t had already
advanced from Is to 60. sold at G9,
70 and II. 49,
With tho "bulls' bought Pacific
! Mail. No Danger Of giusshoppcrs on
! Pacific Mail. No drought, no floods
or rust! Paciflc Mail lad fallcn from
G2, aud would surely go back up to
90. l bought Pacific Mail, and sat
down to wait for it to go up aud St.
Paul to go down. .-...
! Things began to move nv way. I
began to work vigorously on the plans
ior my city. / had arranged to bring
my dear old pnrcnts away from tho
Far West wilds Of Oregon, where they
had dwclt for quarter Of u century.
Ihey had never seen the great city.
Now they should see it, hear tho
mighty preachers. and sail Oh tho
| Atlantic. -.
How life widcned outl 1 had an
| interest now in every ship that
sailed. Tho flow Of money to or
from tho land was to mo Of vital con-
corn. All commerce was as rich will,
| interest to nc now as tho poetry of
Homer. At 10 o'clock sharp l found
myself holding on to tho tape, waiting
10 see 1t had grown richer or poorer
through tho night. All day, till tho
hammer fell, | stood with my finger
Oh tue pulse Of commerce.
| l ought sooner to hnyo mentioned
that. from the first day there, I found
that the stock-dculcrs did not SO much
inquire after tho weather, the probable
i'll or good fortuna of Ships, tho
growth or failure Of crops, floods or
| tires, RS after the movements Of Zone
certain man'-a small. dark, silent
man; modest, unobtrusiyc, oven a
timid and shy man, to all appearance;
yet man who held their whole world
in his single right hand. -.
! "Gou," IS si".:;i;lg!!" Tho street
trcmblcd, and stocks fell two, three,
four points in an hour. "Gould is
buying" The street started up, and
stocks rose accordingly. Every ru-
NOR, good or bad. came coupled with
tho name Of Jay Gould, and hc was
| held responsible for all that was done;
while, IN truth and in fact, this man,
nine eases out of ten, neither knew
nor cared how the market was going.
Never was n man SO bitterly abused.
l seek IN vain for mention of one word
or praise, or even respect, for Jay
Gould during my half year in Wall
Street. Perhaps ! am too much given
to shouting for the bottom dog in tho
! light; but this persistent and bitter
abuse bcGot in mo an intcic est in this
singular and silont little man, and |
began to study his life and look into
his mighty enterprises, l found them
SO vast, SO grand, so tar-reaching and
splendid, rs to be almost incomprc-
hensiblc. Certainly no Napoleon ever
had half such n brain. And yet, for
all this, never heard a word Of adj
mirntion. Every man in Wall Street
seemed so bound up in his own petty
losses or gains that Gould was looked
upon as a kind of thermometer that
marked tho rise and fall Of stocks.
-" AN inspired iicnd," is the highest
praise | heard for him. Day after day
you could constantly hear such OK
prcssions rs these: "Somc one will
shoot that - before hc is q year old
er;" "Well, he will mover live to ell
JOY it," "Lct him look out what he is
abont;" "Thcy fixed Fisk, and lie was
stronger man that Gould;" yet very
TRANQUILITY the dark little Napoleon
passed on through it all, as If utterly
unconscious of these muttcrings, end
utterly careless of what mon thought
or did. or course such GOODNESS and
courage as this appeals to man from
the Pacific, and my interest in this NAH
constantly increased.
may mention hero that I did not
find tho average stock-spcculator much
OF man. Quite unlike the grand old
California gamblers Of our first days, 1
found them u sober, cold-Eloodcd, cal
culating lot. And here let mo call at
tcntion to the gulf that lies between
tho stock-spcculator and the Legitimate
railroad man. Let tho limo. between
them be not forgotten. Tho ono is to
be Stunned, dreaded, dcspised. Tho