The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-12-03

though Mr. Gould still remained one oil
The directors.
An attempt was made BY Mr.. Gould IN
1869 to corner all the gold in the country
The price of gold in March OF that year
was 1907, the lowest In three years Mr:
Gould bought 81 100000 worth at l32 ana
pat up the price To 40. On Sept. a, the
famous "Biack FRIDAY" Mr.. Could un-
loaded his holdings and sold large part
Of his gold at 160 A little before noon an
order came from Washington TO sell "a,
900, 900 of gold from the sUb-treasury. Inc
corner COLLAPSED and hundreds of business
men and spectators were ruined.
Nv Gould began buying Union Pacinc
IN 1913. He acquired 100000 out OF 30 oOo
shares and assumed the management OF
the road In 1876 he bought Kansas Pa
cific ana other stock, taking the Texas
roads cut of the hands of the receiver ana
realizing in the management OF these lines
millions OF dollars. In 1888 Mr. Gould
turned his attention to the New OK
system of elevated railroads. he Mtn
haitian company was reorganiZed in 1888
on its present basis, with Mr. Gould as
president and his son George As first vice
president IL operates 81. miles road, with
assets of $54. Coz. Coo Mr. Gould invested
heavily in the stock of the Atlantic and
Pacific Telegraph company, and Ia 1919 or
gauiz-d the American Union telegraph
company, which in 1850 was merged lntU
The Western Union company. In 1883 ne
acquired control of its executive commit
tee, aud his son George and his business
associates are members OF its directory.
PERSONAL TRAITS
Jay Gould's personality was not strik-
ing one Physically he WAS Il man OF
slight weight and build. with slightly
bent shoulders, and sharp piercing eyes.
LOOKING out from a cOuutenance whose
outlines were expressive OF the quiet but
intense nervous energy which could on
occasions be called into action. He wore
A full beard HI dressed unostentatiouSly.
On occasions, as at famous meeting OF
the directors in Russell Sage's office years
ago, he would become greatly excited. At
that time nature gave out, and he Tell ap-
parently lifeless, while arguing his point.
Since that time he has visited his ot1ce
less frequently, and had laid more and
more upon his eldest son the burden OF his
business cares.
Mr.. Gould married. shortly after com
ing to New York in 1876, Miss Ella Miller,
a daughter of a wealthy New York citizen.
He had five childreu-Uhree sons, George
J. Edward and Howard, and two daugh-
ters, Miss Helen and Miss Hannah Gould
Mrs. Gould died Jan. Is, 1891. His eldest
son, George who has succeeded 10 most
of his fathers business interests, was
married about six years ago 10 Miss Edith
Kingdom, aud has several children. The
next son, Edward, married daughter OF
Dr. Shrady. The other children are un-
married.
Mr. Gould was an attendant of the Pres
byterau church of which Rev John r.
Paxton, ID. ID is pastor, ana was privately
quite liberal in his support of II, though
not IL member Of any church. His fondness
for flowers led him to make excellent col
lectiOuS of chrysanthemums, orchids and
other favoriJe plants at his handsome
country home at Irvington-on-the-H Hudson.
His conservatory cost over 100000 MIR.
Gould also INDUCED i'll yachting and bad
built for him the handsome steam yacht
Atalanta, and became member OF the
American Yacht club. He was not "a club
man, aud took no interest in social affairs.
No two estimates agree as TO the amount
OF Mr. GOuld's fortune. The most con-
servative figures place it at about 500, 900,
coo, while some people in Wall street place
IL at 500, 000, 900.