The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1892-12-08

little. played little. talked little worked hard
and made surprising progress. In six months
he learned what the academy had to teach and
left it.
He then obtained employment in Il tin shop
ana learned to make pals. pans and cups, while
his evenings were spent in study. He made
himself so useful that at the age OF Is he was a
full partner III the concern. and when he visited
Albany and New York to purchase material he
succeeded in opening accounts with Phelps
Dodge & Co. and other firms well known to the
public
The tin shop was profitable but slow, and in
/ 1882 he transferred his interest to his father
! and arranged to take charge of a surveying
party at $50 a month. the object being to obtain
i A new and accurate map of Ulster county He
organized his party and started with five dollars
/ N his pocket: walked 40 miles the first day and
worked fortnight, when his employer sudden
! ly failed" before he had been paid cent.
Gould at once resolved to carry out the survey
himself.
! A respectable sum was received from the map
Young: Gould now became a professional sur
veyor and civil engineer He mapped Albany
Ulster, Greene and Delaware counties in New
York. Lake and Geauga counties in Ohio and
Oakland county in Michigan; made the SURVEYS
for a plank road and a railroad, wrote and pub
lished history of Delaware county, started
;annery, where he employed go men, built a
town (Gouldsboro) and established d bank and
carried 1t through the panic OF 1857 before he
was 81
lie sold an interest in the town for $4,000
ana invested the money in deprecia ted railroad
securities after the panic. II was during one
OF Mr.. Gou1d,S occasional visits to New York
about this tine that he noticed in the window
OF an everett house room-he was guest there
at the time-an MISUNDERSTANDING Young lady
He saw her frequently and after observing her
bowed. She did the same. A mild filtration
! Chance brought hp fWo
together. and after slight acquaintance with
out the knowledge Of her father, Mr. Miller
they We're married.
Reconciliation followed. and this opened the
door to railroad speculations, as Mr. Miller in
huenced the employment of Mr.. Gould as man.
ager of the Rensselaer, & Saratoga railroad
connecting Troy and Saratoga. This road was
under cloud and its securities were selling
for few cents on the dollar Here was
Goulds opportunity. He managed the
road well. made valuable and paying connec-
tons and brought it up to positive value Mean
time little by little. Gould obtained possession
OF II all. He paid about five cents on the col
lar for stock to all but Vanderbilt who made
him pay fifteen cents. and the conseu uence was
that after selling out again he returned to New
York with clean credit of s15luoJ With
this he entered 1.-The street.
The rise ara progress and ups and downs of.
Erie are a romance in themselves of which the
most enhVenlng chapter pertains 10 the con-
necton OF Jay Gould and jim Fisk, Jr.. with its
control. The result was compron Sc between
Gould and Vanderbilt, the ia tier being relieved
OF $4,000 shares for which he received 81 so 600
In bonds and other concessions not pertinent
10 this article Before he left the management
the Erie stock was expanded in less than three
years from s34 900 00J to Se6 0OOOO0-an Increase
of 81, 90 1909
Mr.. Gould was for years chief among the
great gold operators. In March. 1869 gold was
down to l3l Gould purchased s7,GO000O and
them by adroif playing on the markets dread
OF Cuban Instructions the Alabama trouble
ana European complications rushed the price
up to l4o. the enormous success of this move
emboldened him, who was daring enoueh al