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

NEW York, Dec 2-The history of Jay
Gould, from the bagefoOted boy who wan
dered over the rough hills of Delaware
county, to the railroad king whose wealth
was estimated at sixty millions, is one of
the most remarkable among our self-made
men, His life for the past few months
had been a constant battle against the iu-
evitable. All the means that medical
skill and the interest of friends and rela-
tiyes could suggest were employed to pro-
long the fiuancier's life. He was taken
about in luxurious private cars to places
where mider air and the absence Of busl-
ness excitement might be expected to
work recuDeration of his energies. Fre-
uuent trips during the past few weeks TO
improve his feeble condition seemed to be
necessary. but were either discouraged or
denied by those near him.
Jav Gould was born in the backwoods
village of Roxhury. Delaware county, y.
Y, in May, 1886 He was the sou of }. B.
Gould, a farmer, who was fairly well to-
90. and who had been a deputy sheriff of
the county in the famous anI-rent war IN
the early SOS Young Gould was also
cousin of Alfred Gould, the inventor OF
the chain well pump, and was closely con
nected with the Nores, prominent scotch
family. and others well known In the
county. His mother died when he was an
infant.
NIr. Gould left home with fifty cents in
his pocket to study aJ Hobart academy, IN
a ueighboring town. Here he earned an
extra penny 10y keeping the hooiS OF the
village blacksmith, eventually enjoying
brief partnership in the business lie was
fond of mathematics and on leaving school
found employment in making surveys for
F , of ET1sf4r salary Dt @Lt
per month. The correctness of the work
attracted the attention of John Delahetd,
who asked the legislature to authorize
map of the state o be made. The work
failed. owing TO tha death Of It's promoter.
/ Mr. Gould, having gained three or tour
thousand dollars through ms previous
maps and surveys, wrote "A History OF
! Delaware County, After an unsuccessful
attempt 10 push the sale OF a patent
mousetrap, which he had invented. MIR.
Gould entered into partnership with Ladoc
Pratt in the tannerY business 10 Pennsyl-
/ vauIa. at a place kuOwn As GOuidSDoro. In
/ 1896 the patent was sold and Mr.. Gould
/ came TO New York, with good addition
. 10 his fortune He entered into business
With Charles Lruther. "A leather merchant.
/ In 1887. in the panic Leuther'S capital WAS
/ lost, hut Mr.. Gould managed 70 pull
Z through without a severe loss. Nlr Gould :
! father-iR-Law, Mr. Mitchell, Initiated the
Young II fdLGAtl lLlt &c LAA4i NteA Jus at
and sold hlg: "a number OF shares IN the
Rutland aud Washington railroad at 10
cents on the do.lar. NJ. Could showed 50
much ability thai be was soon elected
president and general manager of the
road He finally consolidated K with the
! Rensselaer, and S8rato-N railroad " hen
I the ;, oc1 went up Mr.. Gould SOLD out &c =
handsome profit.
WALL STREET OPERATIONS
In 1853 Mr. Gould en- cred Wall street as
a broker He established small private
office and made money fast. Tie following
year he entered the iirm OF Smith y Martin
aud became au expert IN handling railroad
securities During the civil war E~ic rtll-
WAY stock went down 10 DedroCS. aud hC.
+ Gould bought IL for a song He allied
aiu SCI. with Daniel Drew and prevented
ComwOGuvc Vanderbilt tiom ccruerla- the
Erie Interests Mr. Gouhi rspht.y became
tEe leading -p.vls Of she Erie railroad com
pauy. aad iu july, i>5s, BE- was n4J= pres
..eut OF tie r1au. Az tn.S time lac pHs
chased tue COItru. .Il.- lu rest la -2e IvutG
National bank. IGe E.,s Shareholders
brought suit 20 restrain tEv directors from
issuing any moy@ = oci>, ,,I..' a~SIaG tor the
appointment q receiver. Ia-s request
Ma -r8aJed hr the appointment Cf Jay
GJUlG Llu~-.. NFtH the consent OF Judge
barnard. Ar G,C aid bl8Ea- and cancelled
A0.0p shares. 4 csrn-r MAS eu~IDcsret lu
Esse s.; o.N apou. sa IS 1Iale, aRa aa one day
il, price rose from 50 Ia 90 4 panic
vts .yegteG by ,ue action OF abe secTetsry
Cf the treasury. ~ ho released enou-A
mooney .rau, tie 80 o-trca-ury 20 relieve ne
4 s. I'm. Era. stock Immediately .e4 I'm
Go to u ..us Nss uuu-Lt nst lr Gvs....
l Wa~ ra.ue,L 6a. n- ws.~ ao,s - Nr;.i. ..Sg
.LI> storm ais Continue. eueEts were
mode ay Mr, GaulI's opponents 20 ousi
. uim apd ISIS tsctoa from contTSi of TIE
. Erie. fIs Ns~ depS~e5 rfOm he presidency
aas J-hn a DIX elected il his stead,