Omaha daily bee., 1888-01-05
COLONEL
SMITHS
PLUCK.
How He Persuaded Jay Gould to Take
Some Tribune stock.

Townsend in Boston Globe: In New
York during Christmas week, spent
almost whole day with Nicholas Smith
who married the eldest daughters of
Horace Greeley. Colonel Smith has
been severely treated, or | may say rat
tied, for some time past on account of
apparant financial dilemmas. But il is
u species OF cowaadicc which neglects
or attacks gentleman for his pecuniary
straits.
Much that happens in this world be-
comes confused in our minds by confus-
ing the dates. which often explain oc-
currences in their sequence and cnta-
CORY. Said to Mr.. Smith:
"How long after Mr.. Greeley died did
you marry the daughter of Mr.. Gree
ley?, -" =.
Mr.. Greeley had been dead almost
three years, said he. cit was about
three years after that when l sold tho
Tribune stock Mr.. Greeley owned"
How much did you get for that
stock?"
1T may be interesting to you," said
he, Ito know the circumstances under
which disposed of Mr.. Greeley's inter-
est in the Tribune. When l married
his eldest daughter she had been re-
ceiving nothing whatever from that
stock for about three years. Finally
notification was received that they were
about to double the Tribune stock and
make it 200 instead of 100 shaScs. The
penalty upon those who owned the un-
fortunate stock was to pry 5000 share
i'll order to come in on tho
new distribution. | then called upon
jay Gould at his house, and told him
that the family of Mr.. Greeley would
not pay this assessment; that they
had to be kept out of their dues long
enough; that | would go and see nobody
else who represented this stock. In ,
fine, told him that l had come to see
the matter and not the man. He said
that he had nothing to do with buying
Mr.. Greely's stock. Said |: Yes, you
have got everything to do with 1t. You
have paid $4,000 Il share for the con.
trolling interest in this stock, but have
Decn very careful not to buy the stock
of Mr.. Grecly's family and his children.
The stock of all other kinds of people
has been attended to, but not the stock
OF the man who created this newspaper.
tell you that you shall not play any
further tricks upon this family; we offer
you our stock, and expect you to buy it,.
Il went to Mr.. Gould's house the next
morning. Soon after l arrived there
two notwithstanding men made their
appearance. | understood the meaning
vi thclr DclhS brought IN, III was notice
to me that Mr.. Gould would have me
whipped If | pressed conclusions upon
him. They made no impression. how
ever upon me. He then said he did not
see how he could buy this stock; that he
had all the stock he wanted in the paper,
enough to control it, and that he was
not obliged to buy Grecly's stock. |
said to him: Mr. Gould, you will have
to buy that stock of Mr. Greely's family.
We are not coming into this new ar
rangment You have no alternative
but to buy this stock.
HE then said that he owned some
bonds in the Northern Central railroad
of Pennsylvania, which were worth 40
cents on 81. He said that he would take
the eight shares belonging to Mr.. Gree
ley, provided the Greeley family would
take the Northern Central bonds for SO
cents on 81. This would make the eight
shares at $1,000 come to $4,000. l said,
MIR. Gould, we will take your bonds
And that is all the Greeley family re-
ccived for Mr.. Greeley's eight shares
out OF 100 in the New York Tribune"