The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-08-01

He Is Out of Wall Street for Good-The Kind
of a Man the Great specuIator Is.


of q Man the Great Spectator Is.
s.Gath's' New York Letter
Jay Goulds final retirement from Wall street
is great blow to the brokers who are much
cast down. They say that he does not hold
much OF Texas Pacific now. | was talking to
Somervllle, the press agent, few minutes yes
terday about this retirement, and he said Mr.
Gould has gone out for good He has moved
from his 0thce down by Wall street. and only
occupies his private offices in the Western Union
building which is nearly half mile up the
street frora the Stock Exchange. He has lost
all that lock of care which attended him when
he was speculator. He comes down to the
city, looks over his property affairs and their ad-
minlstratlon and consults with his chiefs, and
goes back to his summer house or his yacht
or sails whittier he likes, and keeps out of all
fatigue"
What kind of man is heq" / asked
He is a very good sort of man. not harsh or
hard with any body, quite reciprocal. perfectly
simple. ne Is great thinker, and has fallen
into the habit of using his head with the greatest
method and caution. While he thinks all around
a subject, he has decision, too, strongly devel-
oped. He can think slow or he can think FAST
and he moves with CELEBRITY"
docs ne get mad with his employees when,
occasionally, IN the regulations of revou-
tons OF property, they pass over to his oppo-
nents!D
mot at ALL was with rival telegraph COM
pany once, and, although had gone out Of the
Western Union Mr.. Gould always spoke to me
as If nothing had happened He recognizes
the right OF a man to do the best he
can for himself When returned, after the alb.
sorption of the company / was with, no change OF
conduct whatever was observable He has no
snobbery about him. no artificial pride or re-
specting OF persons 1t is mistake to suppose
that Gould is not free talker. Sometimes he
talks so freely and explicitly with strangers that
they are astonished. He is well adapted for
business intercourse, like any man who was
brought up in traffic. who expects to see his Gus
toners, to hear what is going on, and to make
bargains. will give you an instance of how lit
tie he stands upon ceremony. When he was
summoned before Congress to give his testimony
as to the strikes in Missouri Mr.. Gould sug-
gested to me that | had better go on to
Washington also. | told him that bust
ness was pressing, but that / would
leave in the afternoon after had worked off the
afternoon papers and see him at his hotel in the
evening. He said he would secure room for
me- When | got to Washington, however, the
hotel keeper had counted the persons VINO came
with Gould, and settled for himself the number
of rooms 10 be called for. When came on
found there was no room left Mr. Gould went
up and said: Where is Mr.. Somervilles roomP
The proprietor said he had supposed that nobody
else was coming, that all the gentlemen were in
the party, and that he had not room left in the
house. told Mr.. Gould that it made no differ
ence; that would go down to another hotel. %,
no. said he landlord, put up cot in my room,
and let Mr.. Somerville sleep there | was
course, and his consideration as we'll 1t hap
pened that another of the party had parlor as
we'll as bedroom, and my cot was put up
there
lis Gould suspicious manQ'
mo, the absence of suspicion is one of the
most remarkable points about him, considering
how long he has been in speculation and sur
| rounded by listeners. enemies and competitors.
He gives his full confidence to those who are in
his service. When he published his letter to
Powdery, standing upon his rights a citizen
of the United States, and in quiet way defying
any combination to deprive him of the use of
his property, he attended to the material points
of the letter. and going away said, If anything
happens which requires any change in that
statement, make it, and l will stand by it.. ;
| it ought to be strengthened somewhat.
but / thought not, and declined to
send it unless Mr.. Gould saw
| it with those strong statements put in. In the
| midst of all that excitement, when he had $780,,
900, 900 or more at stake in the Missouri Pacific
railroad he appeared no more affected than if he
was disnterested observer. He did show some
feeling, however, in this last suit of the Bank
ers' aud Merchants Telegraph Company, against
the Western Union. 1t may have been that be-
cause Stokes in there as the plaintiff and
beneficiary he watched that case with more than
his usual interest"
"Is Gould bitter mani"
mot at all; he has crest equanimity of tenn
per. He does not get worried does not nourish
personal sensibllities or resentments, gives his
attention in a thoughtful way to the problem
right before him, and when he has made up his
mind he trusts it to be executed as child would
trust its fathers promise"