The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1881-02-10
1Iear ON N pUpLIc MYsrERl
Jay Gould and His Two New York NeWspAper-
Both Daily. ~iA

One of the most interesting features Of
the present times is the ownership of
two great daily newspapers in this city
by the most gigantic stock operator and
Spectator in general who has ever ap-
peared in our country.
These two daily newspapers ara the
Tribune, Republican, founded by Horace
Greeley, and the World, Democratic,
founded by an association of orthodox
Christians for the purpose of treating
public questions on orthodox Christian
principles. Now, Jay Gould owns both
of these newspapers and directs their
conflicting opinions. arI
The Tribune (Republican) Mr.. Gould
acquired shortly after the death Of its
lamented founder, taking from 1t the
late William Owens, who had bought it.
The World he became the owner OF
something less than year ago, when he
took of Col. Tom Scott's hands large
amount of varied property that the
Colonel no longer had use for, The Texas
Pacific Railroad and the World newspa-
pei (Democratic) forming the two prin'
cipal items.
Ever since Mr.. Gould has bsen pro-
priector of the Tribune, Mr.. Whitelaw
Reid Tor as Gen. Grant has alwaya called
him, Mr.. Whitelie Reid has been his
editor. With Reid, Gould has no person
al sympathy. Reid is TOO much of a
fancy man, too Conceited, to- great a
humbug, too airy, and too little endowed
with common sense. Gould despises
him, and keeps him on because it is more
convenient than to turn him of,
A report has got abroad lately that
Gould had helped Reid 20 make vast
sums in the stock market, and that ReiG
had used these sums Of money to buy
out Gould's control of the Tribune. This
is not so. There is no truth in it. Reid
has got such stories started once or twice
but they have always been lies; and
there is Just as little truth in this las.
one as there was in the other, that Will
liam Walter Phel ps had put up the big
pile of money necessary to Withdraw the
Tribune from the despotio ownership Of
the great stock gambler.
The fact is that Gould has allowed
Reid a chance in Rome small sDeCula'
tions, out of which he has made about
ten thousand dollars, and that is all.
With Mr.. Hurlburton the other hand
the editor of the World (Democratic)
Mr.. Gould has the most entire sympe.
thy. The communications between them
are as frequent and as cordial as ever oc
Cured between tbs most ardent friends,
They see each other constantly, and eX
change notes at the rate of half dozen
day. Mr. Gould fads in Hurlburt what
he is, brikht, witty, accomplished mar
of the world full ofideas and suggestions
never a bore or a prig (Reid is both)
never delivering Sermons, but making
life varied and agreeable. Ia this STATE
of things Mr.. Hurlburl is rapidly adVsnc
ing in fortune, while his r publican col
league is hardly any richer than he wat
when he began to take the wages of th-
allconquering millionaire. Jay Goulc
is pretty smart man, and he knows how
to choose his editors as we'll as mis- friends
and intimates. ''
But tits strange novelty, this owing
of two large newspapers by greet ma
nipulator of the stock market and of leg
islation. U. oru
The two together stand Mr.. Gould
in about million and quarter Of
dollars-direct dividends so far rights
indirect dividends enormous-Ne'D Y0ri
Letter.