Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-04
GOULD At HIS BEST,
His Fellow Magnates in New
York Gather and Draw
Up a Memorial.
NOT A MERE SPECULATOR,
But the Most Expert Manager of
Vast Railroad Properties.
A SCATHING ENGLISH ESTIMATE.
Two Remark Volumes of Which BE Was
the Reputed Author.
NOT A MERE SPECULATOR,
A SCATHING ENGLISH ESTIMATE.
ARRANGEMENTS FOR TEE OBsEQUIEs

New YORK, Dec 3-The flags on all the
hotels in the neighborhood of Mr.. Gould's
house, from Fitty-ninth and to Thirtieth
streets, are ut half mast All the engines
on the Manhattan Elevated Railroad were
draped in black, while the massive front of
the Western Union building was similarly
attired.
A meeting of the directors of the Western
Union Telegraph Company was held at
noon in President Green's room in the
Western Unicn building. The directors
present were DR.. Norvin Green, President;
General Thomas 7. Eckert, Vice President
and General Manager; John Van Horne,
Second Vice President; Russell Sage, Sam
Terry. A document entitled I'm memo
rium," and ending with resolutions was
adopted 1t begins as follows:
Familiarity with him, acquired through
years of constant intercourse, enables the
members to speak concerning him with
knowledge and confidence. What follows
are words. not of eulogy, but of just and
considerate estimate. Among the many
eminent men, who in the history of this
country 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 unequaled sue
cess are not far to seek.
His Remarkable Business Foresight.
Underlying all was his faith in the con-
tinued growth, advancement and prosperity
ofour country. He forecast the future with
confidence and saw in the earlier stages
coming values of great properties, the
Union Pacific Kansas Pacific, Missouri Pa
nlaf Raj
Union. He boldly risked on all the sound
ness of his Judgment His Judgment con-
cerning the values of the corporate te proper
tie> sinEly, and of their possibilities for
profitable combination, amounted to posi-
tive genius-a genius i'll these lines proba-
bly, never surpassed or equaled. Acquiring
these properties, he gave his energies to
their development This was not the hasty
work OF day, but the slow work OF years.
He was not merely or chiefly a speculator.
He was practical and expert manager of
railways. He was ut home in every depart
ment of the service. He knew his proper
ties intimately. He could instantly detect
anything wrong. He inspected them in per-
son regularly. He gave to his properties
the benefit. not only 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
which he was entitled. He did not invest
his wealth in lands or buildings OF govern
ments or established securities and content
himself with idly receiving their income
His industries gave daily employment to
more than 100 600 men and support to their
largely to the opening Developments OF the
Western and Southwestern parts OF the
country than that or any other man.
An Opposite View of Him. -
So much in the way of pSsss from jaw
Gould's immediate associates The follow
ing extract from an editorial in the ST. james
GGzette headed ''The Gambler Millionaire, -
rives an opposite view:
The most typical marauder of the age is
dead. In his reckless contempt for honor,
mercy, or morality, he transcends the giant
spectators of the world. He leaves $780,
COO 600 accumulated by gambling swindling
and fraud. We don't like to speak i'll of the
dead, but there is no other way to describe
Gould and the methods by which he ac-
quired his enormous fortune.
The arrangements for the funeral of the
late Jay Gould were announced this after
noon. Services will be held at the house
on Monday at 4 P. NJ. Rev. Dr. John R.
Paxton, Of the West Presbyterian Church;
Rev. DR.. McCracken, Chancellor of the
University of the City of New York, and
Rev. Dr. Roderick Terry, of the South Re-
formed Church, will conduct the burial
service of the Protestant Episcopal Church.
After the funeral services the members of
the family will take their last | ok at the
body will be taken TO Woodlawn Cemetery
and placed in the family vault beside that
of his wife, whose death he never ceased. to
mourn.
GOuld's Exploits in Authorship.
Jay Gould wrote book in 1856 and wears
afterward endeavored to suppress it bv
buying ep every copy he could reach and
that money could buy. He would pay any
price demanded for the book, and perhaps
to-day not dozen copies of it are in exist
ence. But one copy found its way into the
State Library here, and it is regarded as a
great curiosity. The book is a history of
Delaware county and the border wars of
New York and contains a history also of
late anti-rent difficulties in Delaware.
The reason why Mr.. Gould was so anxious
to suppress his book was that in dwelling
upon the anti-rent difficulties he gave ex.
preston to opinions sadly at variance with
his practices after he became a railway
king. The book is cleverly written. Gould
was but 20 years old when he wrote it, but
it shows him to have been at that early age
a ready and forcIble writer.
There is another book in the State Lii
bTary of which Jay Gould is the reputed
author. 1t is ga Biography of Paddock
Pratt, of Prattsville, n. Y.-Tanner,
Farmer, Banker and Legislator" The
authors name does not appear The book
is alleged to have been written in 1886.
Gould always maintained he never wrote
this book; but, on the other hand. 1t is al
legged he did, and that the date of its pub
z.lrB