Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1882-12-10
THE GREAT MoNopousT.
Rufus Hatch on Jay Could %
the specalator-HisG igseuc feS
Ra,.sa, Csy Times Interview.

Rufus Hatch ON Jay Gould-Metheds OF
the specaIator-His Gigssfic feser.
Ransa, cry Times Interview.
uWhatdo You think of Jay Gouid's
operations?n% & ~
GAS TO bis cable enterprise, when he
| took hold of the American Union ne
nromjsed A rate of 12A cents to Europe.
| The moment he got hold of the West
ern Union he made combination WITH
other cable companies and advanced
rates To fifty cents q word, While there
are five cable lines they all amount TO
one 60 well has Mr.. Gould done his
work. Out of this matter comes MI.
Bennett and Mr.. CARROTS enterprise 70
build another line and get rl9 OF the
burdens imposed by Gould. Inc soin-
panies combined and controllea py
Gould, five in number, represent tnein
selves stock of $65, 00O, 900, for wiiicn
dividends must be collected from tne
public. Mr.. Bennett and Mf. Garre.t
represent a stock of ,OOO, QUO Tor tneI
own line. Allow the Gould comoina-
ton S., OO0, 900 apiece for each o OF d Sne
Eve lines, then there Is sSo,oVo,vVv;;
There remains $50, 0O0, 0OO unaccou ua ooo
for. So, in reality, there Is $oo,OV9,o"
in water but the public must pay olVl-
dends on it Just the same as II It repre-,
sented actual property. OF this water
they have sold asmuch as possible 10
81 o what is the railroad depression
duew
HThe overissue of tissue paper-an
issue of stock and bonds which repre-
sent nothing except the printing press
and the price of white paper, recorded
in a trust company. Mr.. Gould and
Mr.. Dillon are assessing every man In
Kansas. and every man in the territory
tanned by their roads. How can these
men make 500, 1000 900 without taking
it out of the pocket of the producer.
But Gould is marching to his Waterloo,
as Napoleon did. He will get away
with a great deal of money, but his In
fiuence is crumbling. His candidate,
Mr.. Folger, has taken back seat:
Gould can't buy any more judges and
iuries, and his day of reckoning Is not
far distant. The West will continue to
nrosper, and this city will become
larger and larger, but GoHld's policy
wonld make it smaller and smaller.
His policy is calculated to precipitate
panic. 1t brings about an unnatural
displacement of capital that ought to be
distributed. The balance OF traae Is
against us now, but there can be no
panic in the West. AS to Gould, In or.
der to keep his stocks up at present
quotations, he must continue to assess
the people in the same proportion. he
is too smart for this generation, and
should have lived in the time OF Lac-
cheus, who, like Gould, was tax-gath-
erer. Zaccheus, you know, was very
small man, and
Climbed a tree
Our Saviour 10 see.
Christ said lie would like to become
acquainted with him, and invited FAC
cheus down to take supper with him.
Gould is also small, and has been tax
gathering many years. He may con-
Guide to change his mind, but | don't
think Vanderbilt will. He would rath-
er buy fast horses. Gould, the great tax
gatherer, takes ten cents from you, and
Twenty-Five cents from your neighbor.
The amount is small but everybody
must pay the assessment. If Gould got
it all in lump, the people would kill
him. Zaccheus said he gave one-half
to the poor, and if any man said he had
been robbed, he would restore ten-fold.
Gould and Vanderbilt don't say any
thing of that kind, but the collection
goes on all the time"
"You think the West can not suffer in
any eventw
"This Western country is so big and
so prosperous that it can stand almost
any ordeal. Pm bull on the north
west, and could talk all night about
it. But the West must needs bear a
irving initiation of railroad stocks,
which Mr.. Gould is manipulating
like he has his cable enterprises-fOur
parts water, and one part actual value.
THE confiding public buys the water at
par, and Mr.. Gould pockets the diff
| ference