The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-03-21
TROUBLE IN THE GOULD CAMP.
Allegation that Serious Quarrels Are Pend
ing, which Jay Is Expected to Settle.

NEW YORK, March 20.-The Times this morn
ing publishes the following interesting tale:
There is lively row in the Gould camp, not
little row. but big row, goW where names
are being called and threats INDUCED Well
may the interested and involved persons fill the
telegraph wires with urgent solicitations to Jay
Gould to hurry home. It was at the meeting of
the Missouri Pacific railway directors. held
week ago to-day that this delectable how-dye-
do broke out. It was rather hot at the start.
but day by day it has grown hotter and hotter,
till now the air in all the Gould headquarters is
loaded down with the smoke of denuncations
and the blaze of threatenings. This was the way
it came about:
Wall street has been flied with reports. dated
back long time, that the Missouri Pacifics
dividend was about to be materially reduced
People who pose as 'insiders~have tried to phoo-
phoo these rumors down. but phoo-phooing
would not work, and the belief has grown
continually stronger that the reports Of pros
pective reductions were true. Yesterday, out
came the annua! reports of the roads in the
Gould Southwestern system, making it pretty
plain, by their wretched showing that, reduced
dividends or not, there are lots of causes
for worriment among stockholders. This report
in detail was before the meeting of directors at
last tuesdays m66Glngy ana IL Was q ROO0 ueaI
of surprise to some of those present. But
astonishment at the bad showing did not pro-
vent a prompt motion from one of the directors
to declare the usual dividend at the rate of per
cent George j. Gould objected; the dividend
ought to be reduced, he said. Russell Sage in
sisted the motions passage. Young Mr.
Gould was not to be put down The motion was
laid on the table. Gould, jr., triumphant
for the time-it being finally agreed to let q
flag of truce stand staked till Jay
Gould himself should be heard from. Ever
Nh~ 10 how f6a, AZ
dividend paid, have been keeping the Western
Union telegraph wires hot between here and
Florida, urging Jay Gould to hasten home TO
project his properties, to keep faith with the
stockholders. and to discipline his The
son, meantime has taken a palace car, and be-
taken himself in person to Florida. kilograms
all well enough in their way, but chat be-
tween father and son, face to face, is likely to
have more influence upon tho Missouri Pacific
maguate than the four hundred words of protest
and entreaty that Russell Sage sent ION a pass"
over the telegraph wires yesterday. Say those
who are dispeased VITA George Gould's deter
mined stand for reduction of the dividend: she
has lately been specializing on the bear side of
the stock market. He has sold short his faith
ere securities. and he needs a 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 il that George Gould has partner
in his "bear" speculation, that partner being his
younger brother, known to Wasl-street fame as
bad boy Eddie" There is nothing particularly
novel in Eddie Gould going short" of papas
stocks. he has done it openly, and his father,
when asked about it, has seemed to be rather
proud as he met the question with whispered,
land they do say that the boy made
money coppering me. Now. dc you really think
he didq 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 mad have got loaded down
with stocks that they cannot SELL and now
want TO misuse the Missouri Pacific finances to
help them out It certainly is an entertaining
lively task that Jay Gould will have to under
take in settling things amicsbly all around.
However. there is some consolation for those
outsiders who being neither 'long" nor
sshort" of Gould stocks, pin faith TO that an
tique which says that when some folks fall
out some other folks may get their due.