Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1892-12-09
The Fortune Divided.

Mr.. Gould is said to have given to his
sons George, Edwin and Howard in the
neighborhood of $5,00O,OO0, mostly in
bonds. In addition George Gould holds
$40,OOO,0O0 Of stock in the Pacific Mail.
Missouri Pacific and some other yalu-
able stock.
1t was said over year ago when Nj.
Gould was very i'll he would leave no
will, but that he had already disposed
of his great wealth. Each child and
relative who had any demand on him
had received, it was said, Il fair share
of the estate and had given Il receipt for
ii. Mr.. Gould simply holding it i'll trust
until his death. This course was taken
to avoid legal squabling after his dea til
Nh. Gould's children are said to know
just how much each will receive. ana
every one Of them is satisfied with the
way Mr.. Gould distributed his estate.
George Gould, it is said, was designated
as the guardian Of his two minor broth
ef's and sister. Of the other children,
Edwin, who was married to Miss Shrady
only a month ago, is twenty-seven, How
ard is twenty-four, and Helen, who was
her fathers secretary and his constant
companion since Mrs. Goulds death
four years ago, is twenty-three. The
other children are aged nineteen and
seventeen respectively.
Mr.. Gould was the grandfather OF
three children all girls, the daughters of
his son George. Mrs. George Gould was
Miss Edith Kingdom, for three or four
~, in ln1,,
Edwin is the only other married child.
Miss Helen has never encouraged the
many attentions showered upon her by
the SWANS of New York society
She is beauty but is not considered a
marrying girl.
The great fnancier's remains will
rest in the mausoleum overlooking the
Hudson which was competed only a
short time ago. With the exception of
the Vanderbilt mausoleum this is the
most magnificent tomb in America
Black Friday.
New York, Dec. 2.-The first great
scheme in which Gould became interest
ed after he entered Wall street was the
gobbling of the Erie read. The story
y,
which eliminated in the fame us BLACK
Friday" panic are the most notable
pages in the record Of Gould's career.
When the great Spectator first went
into Wall street Erie was one of the
active stocks. He began by dabbling
in it, and finally, by heavy purchases
became director and was it's control
ling spirit in 1867. His acquaintance
with James Fisk, Jr., began several
years previous, and the two working
together made one of the strongest
teams Wall street has ever known
Charles Francis Adams, in writing of
the Erie episode several years after,
charged Gould with having ruthlessly
plundered the Erie, and alludes to the
two as a pair Of freebooters who made
everybody they met stand and de-
liver. In those days Fisk was the most
prominent publicly, but he was really
only second fiddle to Gould, who knew
how to use him for all he was worth
and who pulled the wires while Fisk
blew the horn.
When Fisk and Gould went into Erie
Daniel Drew was the controlling spirit.
He worked game on the public which
Gould afterward played on him with
the greatest success, and repeated it
in the case of New Jersey Central
This trick of Drew's was to let him.
self get cornered in Erie. He then ap-
peared in the street with an immense
block of stock which had ben convert
ed from the bonds of the company
under an obscure provision of the char
ter, and broke the market reaping all
the profits and running hundreds of
small spectators. The Erie deals