St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
A LIVELY FAMILY ROW.
The Gould Family Engaged in a Ser.
ious Quarrel.
GEORGE AND BAD BOY EDDIE
Reported Short on Their Fathers Sure.
ties and Need Disciplining---GeOrge
Coppered the Old Man.

NEW YORK, March 20.-The Times
this morning publishes the following ILL
teresting tale: There is lively row in
the Gould camp; not little row, but q
big row, row where names are being
called and threats INDUCED in. Well
may the interested and involved per-
sons fill the telegraph wires with ur-
gent solicitations to Jay Gould to hurry
home. 1t was at the meeting of the
Missouri Pacific railway directors, held
a week ago to-day, that this delectabIe,
how-d-ye-do broke out. 1t was rather
hot at the start, but day by day it has
grown hotter and hotter, till now the air
III all the Gould headquarters is loaded
down with the smoke of denunciatiOns
and the blazes of threatenings. This
was the way 1t came about: Wall
street has been filled with reports.
the Missouri Paciic's dividend was
about to be materially reduced.
People who pose as ''inslders" have
tried to pooh-pOoh the rumorS down, but
pooh-poohing would not work, and the
belief has grown continually stronger
than the reports of prospective reduc-
tons were true. Yesterday out came
the annual reports of the roads i'm the
Gould southwestern system, making it
pretty plain by their wretched showing
that reduced dividends or not, there ara
lots of
CAUSES FOR WORRIMENT
among stockholders. This report i'm de-
tail was laid before the meeting OF di-
rectorS at last Tuesdays meeting. and
it was good deal of Il surprise to some
OF those present. But establishment at
the bad showing did not prevent a
prompt motion from one of the directors
to declare the usual dividend at the rate
OF z per cent, George j. Gould OBJ
lected. The dividend ought To
be reduced, he said. Russell
be put down. The motion was laid on
the table. Gould junior was triumph
ant-for the time-it being finally
agreed to let flag of truce stand
staked till jay himself should be heard
from. Ever since, the contingent,
anxious to have the old dividend paid,
have been keeping the Western Union
telegraph wires hot between here and
Florida, urging Jay Gould to come
home to protect his property, to keep
faith with stockholders, and discipline
his son. The son, meantime has taken
q palace Car and betaken himself in
very well i'll their way, but chat be-
tween father and son, face to face, is
likely to have more influence upon the
Missouri Pacific magnate than 4OG
words of protest and entreaty that
Russell Sage sent ION pass over the
telegraph wires yesterday. Say those
who are @ u
DISPLEASED WITH GEORGE
determined stand for reduction of the
dividend: "He has lately been speclI-
lating on the bear side of the stock
market. He has sold short his fathers
securities, and he needs q reduction in
the Missouri Pacific dividend to help
him get out even.' These charges
against young Mr.. Gould are followed
with the naming of stock brokers offices
where he is declared to have made his
short contracts. Another intimatIOn
that is abroad has it that George Gould
has partner in his bear SpeculatOnS,
that partner being his younger brother,
known to Wall street fame as Bad Boy
Eddie. There is nothing particularly
novel in Eddie Gould going short
of papa'S stocks. He has don0 it
openly, and his father, when asked
about it, has seemed to be rather proud,
as he met the question with a whispered
''and do they say that the boy made
money cOppering me?" And Mr.. Gould
continued: "NOw do you really think
he did?' In answer to the comments
that have been made upon their stand
against more per cent dividends, the
junior Goulds answer that the people
who are mad have got loaded down with
stocks that they cannot sell, and now
want to misuse the Missouri Pacifc's
finances to help them out 1t certainly
is an entertaining situation from Wall
street point of view, as it is from other
points of view. 1t is a lively task that
Jay Gould will have to undertake ia
settling things amicably all around.
However, there is some consolation for
those outsiders who, being neither long
nor short of Gould stocks, pin faith 10
that antique saw which says that when
some folks fall out, some other folks
may oct their dine