The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1882-04-07
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IT Is of,en that man Is willing 10
make display before the whsle pub
nc Of his actual possessions, especial
ly when they are large. He prefers
to let people use their imaginations
merely in estimating the sum Of his
wealth.
Where schedules of property are
required in order to assess taxes on
personally, rich men are apt to squlrm
good deal in order to escape the ne
ecssity OF making them complete !;
and sometimes they give their con-
sciences sharp twist ia the process
That is why, whatever the method
of collecting 1t may be, it Is so hard
to make personal tax work we'll
L imposes heavy pecuniary burden
and 1t involves an inquiry into mems
private affairs which they resent
But Mr. JAY GoULD has not object
ed to letting the public into the se-
cretS Of his safe. He has even ia.
vited them TO accept his confidence,
to count his stocks, and examine
their exact condition. Ii the com
mittee TO whom he exhibited the
certificates on Monday had not been
In too great hurry TO rush cut aud
take advantage of their information,
and If his clerk had not grown ex-
haus,ed in satisfying their curiosity,
we are told, he wsuld have hired
trucks to bring his bonds 10 be in
spected in like manner.
Now, what was Mr. JAY GoULp's
motive in making so extraordinary a
revelation OF his precise holdings I?
He has the reputation of beinga secre-
tive man, and one who Is ever self
sustained and yet he displayed his
treasures with all tie ostentation a
silly fellow VAIN Of his unwonted luck
Ia lottery might show in opening
his poeketbook and counting his
garins before ravenous crowd.
He told :Teperter of the World his
motive for so strange q proceeding.
1t seems he sacrificed the reserve
which IS TO his taste for the purpose
of benefitiag his fellow men. 81
though. il best" he said, ITO answer
in that way great mary anxious in
quirles about properties IN which
hundreds and thousands of other peo-
pie besides myself are interested. -
He sent for the gentlemen, he added,
to please others, not himself. al can
take care ef my own BUSINESS" but
he wanted "to satisfy the natural
anxiety ofinnoeeIt people all over the
country who hold the securities ia
question, as I held them, for invest.
ment. and whose interests may be
exposed to damage By repeated reck-
less and uacontradicted falsehoods a
to what IS going on here in New
York"
What noble sentiments How ex
allied sense OF the responsibilities O
wealth Mr.. jar GOULD have locked
up fifly-three millions Of stocks in hi
safe, the accumulations Of a stormy
career in Wall street. There he KEEP
them, and drew upon them the divi
dends as they were declared, conf
dent in their value as permanen
investment. Not wishing To dispos,
of this property, sailed down for hi
declining years, of what matter Il
him we're the fights of bulls and bears
He could afford to rest in peace, Sc
cure in the knoHledged that his prop
erty was CT a solid value, and woul'
outiast the furries of Wall street. In
deed, If the market was hammers
down, it might be all the better 70
him, for he could buy in more at bot
tom prices TO put In the same safe
Bat to save more timid investor
from loss he sacrificed MS constitu
tional reserve, and BY showing hi
own Hndiminished confidence ssugh
to restore theirs. And yet JAZZ GoULl
has been called the shark Of Wal
street Can any doubt OF his reall.
noble and disinterested nature linge
longer in the breasts of his c91a.ry
men
The question also arises, how rici
must Dir. JAY GOULD ce ? He showed
fifty-three millions of stocks, which
were as he originally purchased them
His clerk said il would take two
trucks TO briDg his bonds. Besides
all this, ne is understood to- be in
terested in manv other enterprise!
which he is eogeged in building up
but the stocks Of which were not re
ferred to at the exhibition on Mon
day, AID the whole together, and
how much is the sum ?-.Sun