The true northerner., 1892-12-07

1t was not believed until o clock in
| the morning that Mr.. Gould was going
TO die. He had been prostrated several
times within the past three years. The
attack was thought to be like he others,
merely temp orary.
| Sketch OF the WE ,rd's Career.
Jay Gould was native OF Roxbury,
n Y, where he was born on the 9th OF
May, 1896. His early life was spent on
1arm. He entered Hobart College
when IA years OF age, paying for his
tuition with money earned by keeping
the books of the village blacksmith dur
| ing the evenings. He developed taste
for surveying AMI one OF his earliest en-
| terprises was the publication of a coun-
! ty map OF his own drawing. The ac-
curacy OF the work attracted attention
and he was employed y the Legislature
TO cake a TOP ographical survey Of the
State. For several years he was en-
gagged in this. work an in making sur
veys Of several counties in Ohio and
Michigan.
In 1856 he became associated with
| Zadock Pratt in the mana cement OF Il
tannery an conducting large lumber
| ing business. He soon purchased his
rartner's interest, ard sold his plant
|
| He invested his money in bank
at Stroudsburg, Pa, purchased
bonds Of Vermont railroad at their
lowest price, 10 cents On the dollar, aud
| realized fourfold from the incfeas, in
value within a year. He removed to
New York City in 1859. where he be-
came broker and invested largely In
| the stock OF the Erie Road. He soon
| became President of that company and
remained in the dr. actory till 1872 he
and James Fisk being the controlling
| spirits of the corporation.
He invested lar. ely in the stock of
the Atlantic and Pacific Telegraph Com
pany, and favorable opportunity oc-
curing he obtained n controlling inter-
est. A depression in the stock of tho
Western Union taking place, he was
enabled to grasp control OF that cor
poration also, and be consolidated the
two, not only increasing The value OF
the Atlantic and Pacific properties by
| favorable alliance but also benetlting
| the Western Union by destroying
competition. The Ameli an Union
and the Mutual Un.on companies,
both organized as competitors OF
the Western Union, were subse ,uently
absorbed by methods known best TO the
stock manipulators OF Wall street, and
| the monopoly OF the telegraph business
| was assured TO the Western Tn on. In
| 1887 he purchased controlling interest
| In the st. Louis and San Francisco
| Railroad and obtained a joint interest
with the Atchison, Topeka and Santa
| Fe Railroad in the Atlantic and Pacific
and the western portion OF the Southern
Pacific Road.
He was either bull or bear as best
suited his purpose to plu the unwary
| fool who dared attempt TO trade in his
| ravorites, and hundreds OF fortunes or
tho too venturesome passed into his
Golfers. Like giant octopus he guard
| ed his properties and his tentacles
graspei and destroyed all within reach.
| Compassion was an unknown quality in
his breast. Friend and foe alike con-
tributed 10 the qualification OF his ra-
pacity.
Mr.. Gould was free from the vices
that commonly attach To men OF the
world. He seldom INDUCED in wine,
never used tobacco, and had no liking
for gay or dissolute society He was
devotedly attached 20 his family. and
the death OF his wife several years ago
was a severe blow 10 him. Since that
event his daughter Helen was mistress
Of his household, and the two
were almost inser arabic. Miss Helen
accompanied him on his tours over the
country, sacrificing her opro tunities OF
shining in society that she might minis
ter to his happiness. His son George
was his business confdant. He lnher-
tied much of the shrewdness OF his
father, and in recent years has been the
active manager Of some o the most i'm
portent of tho Gould propert es. He
married Edith Kingdom, the well known
actress, and they are living happily to-