Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1882-10-19
Gath Talks jay Gould.
Correspondence of the Enquirer


Gath Talks jay Gould.
Correspondence of the Enqu'rer.I
joy Gould is the most important man
in this country. which has 80 many
wealthy people and successful politicians.
Gould is more run after by persons who
want to use him, and gives more fear and
sweat to the people with monopolies of
their own, than any living man. While
large proportion of the people hav ap-
prehensions about his wonderful increase
and expansion, a few are heard to say
that Gould is the ablest American ever
produced in general business.
was riding from Paris, in France, to
the English Channel last summer, when
encountered capable man who WIS a
mercantile buyer for large interests in
America, and spoke nearly all the langua-
ges of the Continent, and had almost the
address of an ambassador. He said to
me in the course of the conversation: II
am not politician nor literary man,
and know nothing much beyond bust
ness, but in my judgment your Jay
Gould is the ablest American your coun-
try has yet produced, and though am
told he is not popular, he ic the most
useful man on your Continent" wait
ed minute or two to see If he would
continue that theme, ond he said: eff
you consider the very ordinary begin
nings of Mr.. Gould and the tremendous
fight he has made in the past twenty
years it seems to me that it IS the most
remarkable career, even in modern bank
ing. Here are our Rothschilds, who have
~ -, L,,,
have accumulated an immense amount
of money, but it has not gone to the ben
eff of their native country to give public
works to she people, like Gould's enter.
prises.
"The Rothschilds probably aggregate a
fortune of three hundred millions of dol
lars. Isuppose that Mr.. Gould is either
now worth, or some day will be in pos
session of one hundred millions. 1t is
much more difficult to make the first
million than the next ten millions, and
the man with fifty millions of dollars can
see his way clear to almost any thing if
he is right in the current of operations,
like Gould. Mr.. Gould never had any
Prince to help him along, like the Roths-
childs, who got their first biz, lift from
the Duke of Hesse- Cassel He had made
great sum of money by selling his sui
iects to the British to fight the Ameri-
cans, and when the French invaded his
Duchy. he let old Rothschild, the father
of the subsequent bankers, have it for
cafe keeping. 1t was very large amount
of money, five millions of dollars in sill
YER.
"Now, Gould was merely tanner and
,tv.xrp ptN o-Hnnnor a nr fxun ho
fore the war. In war, like the Roths.
childs, he laid the basis of his enter
prises. He has made his money in rail
roads and telegraphs. Your telegraph
system in America, under his direction,
has become the most complete on the
earth. The system of building and then
consolidating railroad lines, which Gould
was the first great master in, has become
general policy, and hundred imitators
are doing it in other places, yet none
have done it 80 well as Gould. l
"He started with the little rural con,
solidation of the Rensselaer, and Saratoga,
and used the more audacious Fisk to get
| into the Erie, which he had to give up,
however. He then took up small rail.
road in New Jersey, running to Long
Branch, and tinkered with that some
years. Then he bought the Union Pacific
when it was considered worthless, and
madea great property out of it.
"He next began to build opposit on
telegraph lines, and few cases are on
record where man built 80 many oppo.
sItion lines and finally came to own the
great line into which they were. all ab.
sorbed. He bought the Missouri Pacific
Railroad with a. few millions of dollars
and the purchase turns out to have been
one of the most sagacious ever made, and
has led Gould into the whole South.
western system of railroads, building
with rapidity never known on this Con
| tinent. Es eg
"It is true" said this speaker, ..that he
picks up the money Of many another
operator; but that is merely their game
and there is no leason why people should
scowl at Gould for winning another
mans game.
.'Seldom receiving good words from
any one, Gould has keep an inyincible
heart. He has been in personal feal
time and again, and, though man o.
slight physique, he is not forced out oi
his province, but you find him next day
again, with his pale, ove--worked 7act
holding the head of the street; and hi
has held it longer in New York than alnJ
man who ever tried it. The usual life 81
leader Of the street is from three to five
years. Gould has held Wall street, witi
few intermissions, for nineteen years.
HE is particularly native man,
continued this cosmopolitan. "He il
one of your style, bearing an old Connec
ticut name, and men of that kind In Eu
rope are not censured as If they wer,
committing tremendous offense in be
ing successful where every body els
wants to be. " n
Loss of hair and grayness. which oftei
| IT,.-l-s-,s 1no.. Do1oav,o m ,