Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-12-11

sencc OF success In business He did not
mean 10y that atlugyiets nr iuiscllgncaa or
! the nlggnrdly quality was essential, ON the
contrary he despscl lhal and Warned
/ George against e.. But he iuslstod that self
. interest first ot an was IA be considered nnl
served, Or else philanthropy OF ihe school
HIS second bed rock principle was mat
credit should be manialnel NJ nuy cost.
| lie did not mean caierm or faith Ia hlH
| word or predictions. hut business credit
bJaGcrs credit u uls been said sluc0 Mr.
Gould's death mat ne NAs ~ 1NlrIh,vd
| that thQusuuds OF rnpli1lslN would mo- iu-
! vest o dollar ia any ~ DIS stneiA aud That
/ h probably tiTlc ilat, however was not
the Kind OF credit be referred 20, Il vas
The credit of having the ability sud purpose
/ OF keeping his financial onigluQn tail.
/ tnllsis might NOT rust MN by hiNesiihg ~
| ties I'M they never fuuhtcd his credit,
using the word IA tie technical sense. he
| never regulated obligations ~ FISK aid,
or sought To oonf0ml with Ills personal
| creditors when caught In q CORNER
These two principles he inEtilled into
Georges mind. aud All the rect was q mat.
| " Ills directories soon nfter tho young man
| was 81 years old, ana thelo for a year or
| two tho son was INFLATED into the mysteries
OF the board room. For long time the
young man was only silent spectator,
listening we'll ami voting with his father,
upon The young nnnncicr. He gave much of
hls time TO the Missouri Pacific system,
mastering rs details until he knew that sys.
said that ill., sun never failed TO meet IN
cKncily the Fight way every responsibility
and that there had not bern q slugle act
Of George done on his own Judgment which
was not precisely the Tighi thing 10 do.
Trlhing tests were followed by greater
ones The younger Could became an eneru-
tive oficer IN many corporations and be-
FIRE hr was 90 was an executive power IA
Missouri Pncinc. Manhattan Elevated. West
crn Union aud q number OF minor corpora
tiDns 1ils ambition wus kludied so that hn
desired 70 win reputo na q nnancier- u was
the opinion OF those Win luiYc watched
young Gould closely tliht he wanted 10 be
known not merely as jay iuuld's son, but
as GeOfre Gould WHO could handle a for
tune as imprnssiyely vs. his father had made
i.ocentiy Geo. Gould has done something
that has convinced the greater capitalists
resource IN great emergencies, Mr. Gould
was IN the fnr West sick. a secret move
ment had been. under way fog some time 70
secure sufficient amount 81 the stock OF
the Union pncnc 10 Dust thc Gould party
frUm control. George beard Of u, aud AZ
moment When time pressed. Ills own re-
nnfe vas involved. no h. heaten WIS 10 be
~ u inrarur.i discrcdifed. He had the odds
Of a foreign interest against him, Time
haati,,. Wall street influences bad been M
secret working TO uidTmipe HIN. For
tlirre days the young man displayed such
might himself have been proud o. and
wien. ~ reason u hls counter strategy.
George Gould won the paius. inc nraf dos
no longer "a question WHETHER the father
Had been misled by puiernal Interest In bis
1uHrmtut ~ the son.
Eracfiy what George Goud dld upon this
OCCASION h. himself riono knows n was
enough for the beaten mililpn 70 khpw that
be had won and Noli fliriY
WHAT THE GOLLDs WILL DO.
Two 0f the three properties hr. Gould lofg |
are prarticnHy ninuulpllcs with no great |
dnnecf 81 ever being compelled 10 face |
dangerous compptlti0p. me Western uH-
los and the elfTased railway .cplWauies ~ |
New York ire no Longer eaIelii'eiis. Ihfy |
securiue- are REGARDED ~ almost o. per.
mancni 49, d gagerunan= bond. They need /
niiiv 10 BE- ~ managed as 70 BE- equal 10 4
the dcinnnds Of annually Increasing Duei'
ueat
Il d ,sifh abe great railway system VI |
the Southwest that the opu4iruciiYr aud ut-
ranislnr abiliuc9 0f tle new eDnids viii /
IT, chiefly or.urfsl. Mr. Gould Il said 10 1
have tod his sons that With the develop /
uofit ~ fhaf country ne securities u this i
system can De made o. Tnlnahirand as rrsat
o faFufife with luNlfiu1l g Arf ihple which Il
represent the Nn1dfTpit Interests.
Il Is believed that 1eofse peaid'a anil