Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-09-30
JAY GOULD
Aud Jones. of the New York Times
All About the Grant Fund
That has
Never been Accounted FOr-The True
Inwardness OF Some OF the Times's
Business transactions.

NEW YORK, September 29-The World
publishes the following as the result of an
interview with Jay Guild:
Is there any truth, Mr.. Gould, in the
story which seems TO be flying about in
lively manner that you called on Mr.. Jones,
OF the Times, ard offered MIN in vain 81 ,5O0,-
900 Tor ffiy-one shares of that great
journapY"
''There is if possible rather lees truth in
that legend. ] nave had no financial deal
Jugs of any kind with Mr.. Jones of the
Times" Here Mr.. Gould paused for a mo-
ment as il in thought, aud then with a Curl
Gus twinkle 10 his eyes said: "No, / am
wrong; have had financial dealings with
Jones of the Times. Abou. a year ago he
came to me at the Adams Express office and
lay down. as the people say, on me about
What be called the Grant Fund. He said all
his friends had deserted him and the fund
would be failure unless / would come
to the front and help him through
With it--Ltkoaaht it pity that stch
a fund, projected for the advantage of
Mr.. Grant, the greatest military figure, as
think, in our annals, should fail merely be-
cause Jones had DO friends, and 1 accord
ingly subscribed S25, 900 to the fund myself,
and got my friends TO sub-cribe-so that the
fund WAS made up. Jones is queer sort
OF rsop," said Mr.. Gould meditatively,
"While this fund was making up he used TO
write me loving letters almost every day
ill / began to think he was very fond of
me. My subscription, by the way, was con-
ditional on the filling up OF the fund. So one
day he wrote me, calling me My dear Mr..
Could that the fund was full, thanks 10
you aud would please send my check for
SIS, 900. So l sent il. Eut about week or
sfGerward be wrote to me for a further
subscription, having found, | suppose, that
the fund was not as full as he had said il
was. 1 was rather dumbfounde1 at this, and
as | thought ! had done enough, ! didu't
send him any more. Then came a sort of
publication of the fund, showing that it was
not lar from full, and after that l heard no
more from Jones about the fund"
HAS there never been any account rem
dered yet OF the Investment of the fund.-"
certainly not, 1t was a condition of my
subscription, and | believe of all the SUBJ
scriptions, that meeting of the subscribers
should be held as soon as possible after The
subscription was full, to pass upon and desig-
nate the investment and TO organize and
control the investment alter it should be
made. NO such meeting has been held and
no account has be- given of the use made
of the money"
"Have you never spoken with Gen. Grant
on the subjectW
certainly not; nor do ! believe he has
with delicacy2 # is the business OF Jones to
account for It, and this he has not dole.n
"Yon have had no other financial transac-
lions with Jones then-none at all for The
purchase of his paper2"
yes, l had an Invitation from Jones,
through my lawyers, TO make small in
vestment in the Times, but / declined 10
do t."
"How was that, Mr.. Gouldqp
why, one day the Times published an
article two columns long under the attractive
heading of Jay Gould Bursied,' or some
thing like that. ! make it a rule to pay no
attention to personal attacks, but this story
appeared in connection with an organized
bear movement at a time when publ C con-
fdence was sensitive, and as it was appar-
emily intended not SO much to damage me SIS
TO brighten Innocent people out of their
| departed from my rule and put
the ~ alter ia the hands OF 10y lawyers with |
10 put Mr.. Jones under arrest |
They reported 10 me that they lad called on |
Mr.. Jones, who seemed TO think the story |
good Joke, atad chearfully told them that he |
had got, I think it was 81 50 or 81 50 line |
for publishing it, and that he would be glad |
to publish for me at the same rate any reply. |
| admit this made me indignant, and / |
thought it disgracef4l TO the press. ] re- |
fused to make any such investment, and my |
ttfswe u'do-Ii1 she@itltf utfurrsranu NTH IIs
joke would be likely to turn out pretty seri-
ously for him. He then came to bis right |
mind and begged them to let him off and he
would publish any statement they might
1--WE him. They gave him what they thought
le ought to publish aud he Published it.
This is as near as I ever came 10 buying the
Tf,sus. - q h.