Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1881-05-05
GOULD AND WILLARD:

NO. -
GOULD AND WILLARD:
From the New York Sua.]
A year or two ago MIR. Gould
formed very intimate business fsla-
tions with ! certain German broker,
whom considerable success has reUeut-
ly brought into prominence. They
went hand in hand into several oper.
ations, moro especially in Mexican
schemes. But ultimately they ars
said to have had . quarrel, and TO have
parted company, Mr.. Gould being -
cused by the Gcrman's friends Of bad
faith and Of some secret scheming In
the rich lands Of Southern Mexico,
while hs had promised TO join in
the scheme Of railroads for the noun
famous and barren highlands Of the
republic, which has Of late become %
attractive and tempting for American
speculaton. The otfshoot Of the squab4
bic seems to be that the Aforesaid Ger.
man broker and his followers went
short Of Gould's stocks, while Mr..
Gould, upon learning that they had
formed pool in the Granger stocks
went short Of St. Paul and North
western. II the report b true The
fight is not unlikely to be an interesting
and animated one--all the more 10 -
the trade Of tho street has Leen sx-
trenlely 'cliquey,' and tho majority Of
the operators are dealing simultane.
ously on both sides Of tho market, b.
ling short Of some things and long It
others. This edging process has oe
late gained considerable popularity-a
fact which indicates that nobody has
confidence in the market, and that
most Of the gambling 10 going ON upon
the narrow margin between right
wrong.
That there must 10 some truth in
the reports Of the forthcoming 6ght i
evident from the statement Of yester-
o days issue Of ono Of Mr.. Gould's pa
i lpers:
d They is . great deal Of interest mani.
tested in the fight that is going on b.
tween Billings and Willard over the
. Northern Pacific stock. The situation
? seems to be about this: The blind
j. poo;' organised by Willard amounted
g. to about $4,000, 900, on which 50 per
cent has been called in. By thia
. means they became possessed Of about
N $50, 900 shares of Northern Pacific
a. stock, which to great extent is bcine
N carried on margin. The subscriber
to the pool are not likely to respond
= to any more calls that may be made
~ upon them, on account Of the insecuri
N ty Of the position Of Mr.. Willard. HI
C has been striving to effect oompromis'
ar with Mr.. Billings Of the Northern PA
=. ciic road, but ~ it was Villards in
tention to oust the present manage
b. ment, now that he finds himself in ,
is box. Mr.. Billings and his friends d
,s- not seemed disposed to deal with him
he In fact, it is understood that they PR
=. pose to begin warefare Of their owe
80 1t is we'll known that the Oregon Ma,
oi igation Company stock reprercssnts q
'e. money whatever; the subscribers pai
ur for their bonds and the stock va
nv made present to them. IF course,
!, the Oregon Navigation Company
y that is, the Willard party--fails to 6
OF control of the Northern Pacifc--an
that party'a performances at presen
In are not at all likely to bring It int
NO control-the company will be put int
:. q very peculiar and embarrassing poa
~ ton, as the failure will not onl
re- provo damaging to the Oregon con
Of pany, but will also prevent the 8
,ed Paul pool from carrying out their Il
,oa tentions of uniting the three corpor
wv tions, the Oregon Railway and Nav
cation Company, the Northern Pacii
ur- and the St. Paul railroads.
The Mr.. Willard, who is said to have fo
M merly been reporter on the Chical
o. Tribune, and who is now the leadil
' spirit of the Oregon Steam Navigate
Company is known to he an intima
business associate Of the ExclianI
place financier, and consequently d
''n foregoing statement Affects one just
We much a. it does the oth<
I've ave The Germans are too smart and the
'he lager beer connections with Milwaul
-. are too intimate to allow of their n
ne ne knowing that the St. Paul col
iie' mon stock is not worth one half
Ssn' price it is selling for If they mad
= pool in it of some hundred thousa
AoP shares their object was to put up
stock, certainly not on its own meri
he'd but on the prospect of the consoli,
, in ton scheme with tho Northern Pee
and the Oregon Navigation Compal
If that scheme bursts, the pool m
ady burst too; for the news coming fr
plic- the northwestern region grows m
ouI v,,or~ 1set rosee,,l