The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-12-04
ACTION OF ASSOCIATES.

Complimentary to jay Gould.
NEW YORK. Dec. IA meeting of the
directors of the Western Union Telegraph
Company was held at noon in President
Green's room, in the Western Union Build
ms. The directors present were DE. Nor
vim Green president. Gen. Thomas I.
Eckert vice. president and general man.
ager. John Van Horne second vIce-presi-
dent, Russell Sage. Samuel 4. Sloan, John
q. Moore and John Il. Terry. The follow
ing resolutions were adopted on the death
of jay Gould:
IN o
Jay Gould died at his residence, In the city of
New York. on Friday. Dec. 2, 1892, in the fifty
seventh year OF his age. He had been a director
of this company for about twelve years, and was
such ut the time OF his death. It is fitting, there
fore. that il shall place upon its records its esti-
mate OF Mr.. Gould's character and services. and
its sorrowful sense OF its great loss in his death,
Familiarity with MIN, acquired through years OF
constant intercourse, enables the members OF its
directory 10 speak concerning him with knowl-
edge and confidence. What follow are words,
not OF eulogy, but OF just and considerate esti-
mate.
Among the many eminent men who, in the
history of this company, have had a place in Its
counsels, Mr.. Gould was in some respects the
most remarkable. The intellectual qualities TO
which he owed his almost unexamp ed success
are not far to seek. Underlying all was his faith
in the continued growth, advancement and pros
perily OF our country. He forecast the future
with confidence, and saw in their earlier stages
the coming values of such great properties as
the Union Pacific, Kansas Pacific, Missouri Pa
cific. Manhattan railway and Western Union.
judgment His Judgment concerning the
values OF corporate properties singly, and
OF their possibilities for profitable combination,
amounted TO positive genius-a genius In these
lines probably never surpassed If equaled. Ac-
curing these properties, he gave his energies TO
their Development This was not the hasty
work of a day. hut the slow work of years a. he
died in the ownership OF the large interests in
these properties, to the growth and develop
He was not merely or chiefly a Spectator. He
was a practical and expert manager of rail-
ways: He was at home IN every department OF
He could instantly detect anything wrong. He
Inspected them in person regularly. He gave
of his genius. but OF his diligence and
industry. which, until his health gave way, never
tired; He did not always receive the praise to
wealth in lands or buildings, or governments,
or established securities, and content himself
with idly receiving tier income. His industries
gave daily employment to more than 100.0 600
men and support TO their families. His enter
prise contributed more largely to the opening
and development of the western and southwest
ern parts of the country than that OF any other
man. At his death. probably no man in the
United states possessed more power. His word
was law throughout the vast interests in his
control established in many States and Terri
tories, almost from ocean 10 ocean. But with all
this. he ever bore himself modestly, without any
0stentation or vulgar display OF wealth or power.
He was a model of parental and domestic virtue.
SO much is known OF all men.
But members OF this. body desire to record
their knowledge OF the warmth and steadiness
of Mr.. Gould's friendships, OF his noble impulses
and lisinterested and generous deeds. some OF
which. without murmur or complaint from him,
were popularity distorted SO as 10 become matter
of blame instead OF praise.
Resolved, That In the death of a counselor
so wise, sagacious and faithful as Mr.. Gould ever
proved himself 10 be, this company feels il has
sustained not only a deep but an IRE parable
loss; that it tenders its sincerest sympathy to
his surviving sons and DAUGHTERS: that its
directors will attend his funeral in a body; and
that this minute be spread upon It's records and
that a copy thereof, suitably engrossed and
authenticated be sent to his children.
The directors of the Missouri Pacific
Railroad Company met in Room so of the
Western Union Building at 1890 o'clock.
Secretary Califf presided. HE sother di-
rectors present were Samuel Sloan, Gener-
al Eckert. Russell Sage. John T. Terry and
Judge Dillon. A committee. of which
Judge Dillon was chairman. was appointed
to draft resolutions on the death of Jay
Gould. The Manhattan railway directors
met this afternoon and adopted resolutions
of regret on Nh. Gould's death.
The following was prepared by Judge
Diilon's committee, voicing the sentiments
of the Missouri Pacific directors:
The board OF directors of the Missouri Pacific
Railway Company, this day, upon
the announcement of the death OF the president,
recalling with great sensibility his long and emf
ments in the interests of this company, con
scious or its irreparable loss, and sensible to
their own personal bereavement, desiring 10
leave a lasting tribute to the memory OF the able
and faithful officer, the beloved associate and
friend ana the great man who has passed away,
do hereby make this record:
On the 18th of November, 1879, Jay Gould be-
came president of the Missouri Pacific railroad.
From that time until his death, on Friday Inst,
the history Of the company has illustrated the
sagaclty and loyal zeal OF the wise and devoted
executive. In a little more than a decade, under
the impulse OF his energy and the spell of mis-
genius, a property of small proportions has ex-
panded into a vast and majestic sys-
tenn. But the energy and genius Of the
OF no single enterprise. His has been one of the
foremost figures In the great enterprises which
have marked the age In which he lived. The
career Of no other one man has borne such a re-
lation as his TO the growth and material pros
perity OF the country and 10 the development of
It's great resources. or the personal qualities of
MT. Gould we may record the just estimate
OF those who by long and intimate as
ISOLATION with him have been made, as we
believe, fit judges Mr.. Gould swas a man Of
tried personal and moral courage; q kind, con-
siderate and generous friend: modest In demean-
or. moderate in speech. Judicial and Just in his
judgments. To those whose business and per
sonal relationship to him had been longest and
closest he was most endeared. History
which are known to the world and which in the
estimate of the world distinguished him as a
great man. To us he was known as a man with
these and other higher personal qualities. This
Is the estimate which we make, and which We
hand down TO such as may in future desire to
consult the Judgment of those among his con-
temporarIes who were also his associates.
To the members who are present to-day the
death OF Mr.. Gould comes as the loss OF a friend.
associate and adviser. To those OF our board
whose relationship to him was nearer and who
to-day lament the loss OF q loving father, the
affliction is one to which we can do no more than
refer in words of inadequate coincidence.
Resolved, That the foregoing record be spread
on the minutes OF this board. and that copies,
suitably engrossed and signed by the members
OF the board, be transmitted 10 the family.
Resolutions or Railway Engineers.