Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1881-05-12


To u representative of one of the
leading journals of the northwest,
Il proinent railway manager, recently
detailed some Of the methods by which
Jay Gould, one Of the great railroad
robbers of the day, operates in
manipulating the colossal combina-
tions whereby he has made
and is still making millions upon mil
lions of dollars. From the report we
CLEAN few facts that will be of inter
est to the readers of the Sentinel.
Gould's purchases, combinations and
sales have been consummated with
such lightning like celebrity during the
last two or three years that people
have hardly kept abreast of his mov-
ments. A few years ago he bought the
Union Pacific and its branches.
This interest in that colossal property
was extensively used as sort of col
lateral to enable him to prosecute and
consumatc schemes in other directions.
Afterwards he bought the Kansas
Pacific and Central branch of the
Union Pacific and consolidated the
Union Pacific proper, Then the Col
orado Central was bought and put
into the general amalgamation.
Gould's next great move was to buy
the control of the Wabash railway.
This was soon followed by pur-
chase of the st. Louis, Kansas City and
Northern. Then he consolidated the
two roads and their ramifying stems.
While the world was wondering how he
accomplished 50 much in so short time
he suddenly withdrew altogether from
the Wabash combinations, and, one
fine morning, turned up as the indiyid-
ual owner of the Missouri Pacific rail
way. While everybody was conjectur-
ing as to where he would bo likely to
turn up next, it transpired that he was
negotiating for several southwestern
roads: it wasn't but a little while before
the whole country knew that he had
added to his long list Of acquisitions
the Missouri, Kansas and Texas, which
introduced him for the first time to the
Texans. About that time he entered
INTO II contract u eAVc'lu Vio "Ii'I'
the control of the stock, and he after
ward bought the stock on that option
Meanwhile he conceived the idea OF
controlling the Denver and Rio GrandC
system anu SO lar ciltlelciieu lililScl' i
III tliaI property aS 10 ploToNc ''ic ''aIll
anu hoSIile opPoSlV'oii VI '''''el oool'rI
vatlVeS, Wio' ny "Iil'Iils, "pp"'cllll.
lrustrateu Ills 'II,S Inc Dr'',ci
South l'trK ana racine ilt" ny 'hi'
time neell extended 10 l'e".I lI''' al'
was huSe morn III V,'c lipS VI W tI'
uei'Ver ana mo "Ial'"': uoui't s"N
ms opportunity anu DuyinS S,dn tne mt,c .
lne Tor Il llltle over So'oVV'oVV, k'lle'
TWO orhilholosic'u Specllhe'iS WIN ON
stone ny using H. 'ltSU' aS " "t'Po,
with wlllch 10 nay 'he l''llier groWU ,, ",
ana, secondly Dy a'i'als'Il'aV',S II WIZ
the ohioh facinc SyS'c'n' W ', le'l =. IT,
DcSil puyih@ mo t'e Sou'n meS'c,' ,,'t, !.
propet'iG" every 'ou? MY" wa, II
meill 10 illvea uI'sel III an t''c ilI'S ic',
ing loWal" ieH|o ''5' NaeAII, , ., i'r r,' ',i, W
enough nc ''tu "V,,s"V ''''u i','u i"' 1' ~,
Mountain road before the people o
that slow-going section had fully mad
I'M their minds where lightning wa
oning to strike next, This acuustio
was speedily followed by the purchas
Inv Gould of Il network Of half-linishc
md bonkrupt roads tributary to III
southwestern trunk system. As 500
no if was known that Gould had secure
control of the great lines of that Sc,
tinn . MYRIAD Of little bankrupts com
trooninr nm from all sides and beggc
to hn taken unler fine spcculatiye win
While thus increasing his personal DO
sessions in the southwest, Mr.. Goul
was concentrating a little side-dicke
Inv which he became part proprietor ,
tIe Jersey Central railroad lie ba
gainad also for fine PHILADELPHIA m
Roodinr Int for some reason. whic
has nof transpirrd. the prrangeme,
miscorried. and the public still +
members his failure rs one of the sy
dicoto to secure contol of the Phil
JolnIio and Wilminuion road
,.
The foregoing Is puV nasty outil
OF heprlnclpaI transactions IN ial'w' W.
property by LAY Go'ld during the pa
few years. Ihe transactions III le'
graph properties Wnlle iioU 81 ulyel, ,,,,
fed, nave peeh prodls'ous III l'lSsl,lIuo n,,S
ConJectures as 10 lile extent o. uoul. IL,
riches are halufally s'l,ll'.laIeI i',, d III
suggested Dy the pubic N'iDwleuse IT Y.
his enormous operaIlohS' LOW ihu
profit he squeeaeu GlV @ Oh lle I'm vi,
Paclhc proper Is only guessed ny
lntlmates, ihe Kansas iaclllc was
"Donahza Oh ms Trans missouri S,llN'
the very "LeaavlIie Oh all his semen
in the west. Inc properly Iau uep
elated to very low lgure' Wnei' sec'
ing the Stock ana poioS aI 'liteell II
twenty cents on tne aollar, throusl
bargain with the liollahuers VINO oN
ed 1t, he reorganlzeu the company CO
solldated WIN the Uhioh racine, Il
turned III the cohsolidated DohGS ~ p
Gould has repeatedly poasted 10 10 !
friends that he cleaned up sloUvo,u
from that transaction aiohe. ne g g