The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1892-12-03
WIZARD OF WALL STREET
ASSES AWAY AS CALMLY AS TO
SLEEP.
surrounded By His Family, Jay Gould
breRthes His Last. a Victim of
CoasumptiOn-a short
kiOgraphY.


NEW YORK, Dec. 2-Mr. Jay Gould,
the great finaucier, died this morning at
9:15 o'clock. The news was not made
known to those outside the home of the
millionaire for a half hour after the event
The first authentic and verbal news OF
the event came from the colored butler,
WHO came to the door aud III response to
question said, in a choking voice,
Eyes, Mr. Gould is dead"
Mr.. Gould died surrounded by the
members of bis family and faithful
Physicians, a. c'ciec!, this ,no-cing
he seemed to rally somewhat and the
lights were turned down and the family
retired to get some rest. Dr. Mum and
the nurse remained with the patient.
At daylight Mr.. Gould's condition became
more alarming and gradually the mem
bers of his family again assembled at his
bed side. 1t was apparent to all that
he end was fast approaching Mr..
Gould seemed to realize the truth himself.
| No pain attended the last moments of
the dying man. The end came peacefully
and q lietly. Just before he died, Mr..
Gould, realizing that he had but little
while longer to live, expressed desire
to see the members of his family, that he
might look upon them for the last time
He was perfectly conscious and entirely
composed, meeting the end with calm
ness. His mind was clear to the last, as
was demonstrated by the fact that he
missed the face of member of the family
who had left the room for a moment.
| Mr. Gould's last words were in the form
of request that he might, at the closing
moments of his life, be surrounded by
the beloved members of his family.
The members of the family assembled
at the bed side of Mr.. Gould, when
d ath laid its hand upon him, included
Mr.. and Mrs. George Gould, Mr.. and
Mrs. Edwin Gould, Miss Helen Gould,
Mr. Howard Gould and Miss Anna
Gould. The servants were assembled
near by and were informed of the death
OF their master Immediately after its oc-
curreace.
I TIE physicians have not yet stated
definitely what was the nature of Mr..
Gould's illness, but it is generally be-
lieved 1t was pulmonary consumption.
1t is said that Mr. Gould had several
hemOrrhages of the lungs recently, the
first having been the day before Thanks
giving and another few days later, and
still another few days ago. Whether
or not the pulmonary disease made lis
appearance recently Is not known posi-
lively but it is said tint his family have
long been aware of the fact that Mr.
Gould was victim of the disease. He
bore his suffering bravely and was CRATE
+ ful for all that was done for him.
t The funeral of Nr. Gould will be hello
4 on Monday. The services Will be very
. simple and unostentatious in accordance
o with the wishes expressed by the de-
q ceased. The services Will be held at the
e family mansion and will be conducted
I by DR.. John r. Paxton, assisted b,
,e Chancellor McCracken and Rev Mr.
y Roderjck Terry. The interment will b
b. at IrvingtOn on the Hudson, where III
A body of Mrs. Gould reposes.
~ The real coniitoa Of Mr.. Gould
is health was not realized until year ag
5 when he broke down in the famous Mis-
n sur Pacific meeting. This occurred i
. November, 1891.
Last summer Mr.. Gould again brok
: down at directors meeting He wa
said to be consumptive. He move
and acted like a man so years old ben
d with years. The family hoped that b
., would recover, but the attack of las
n Wednesday dissipated all such hopes
p, Jay Gould was born in Roxbury, De
le aware county, N. Y, May 81, 1868 H
- early years were spent on his father
of farm and at the age of IA he entere
ok Hobart academy, and kept the books {
7, the village blacksmith. he acquired
Of lr taste for surveying and from this wor
u when very young he accumulated S., 00(
of When but twenty years old he engage
in the tanning and lumber business, cor
tinuing in these enterprises until 185
when he sold out aud removed to tn
city and established himself as a broke
and at once invested heavily in Erie raj
road stock He entered the directory
that company and became presiden
holding the Office until the reorganizatic
of The directory in 1872 He next mao
ia large purchases of the stock of variol
T railroads and also invested deeply in II
* telegraph stock. In December, 1885,
NJ official records showed that NJ
cd Gould was IN control Of 10000 mil
Of railroad, or more than one mint
of the entire mileage of Il
country. Later Mr.. Gould purchased
controlling interest in the St. LOUIS al
OF San Francisco railroad company, Whi'
nnyy has an aggregate mileage of nearly O.
to miles aud is a Joint owner, with t
Atchison, Topeka and Santa Fe railro'
company, Of the Atlantic and Paci
ir companies OF Mr.. Gould's career sin
g he began to operate in Wall street, c.
ny umns might be written, were the sto
na not pretty well known to the publ
ny The speculatioIs in Erie, the 'bla
I'VE Friday" and other episodes are famil
ar to most New Workers and have been oft
ns, retold.
I'm Suffice it 10 say that from the time
Y, went into Wall street, Mr.. Gould forg
~ straight ahead; there was no going ba
ioi ~, and but little standing still Line af
Of line of railroad fell under the control
this man, whom other tinanciers call
the wizar of Wall street, until thousa
e. upon thousand miles OF road were to
at interests and purposes his own. Witt
single move in the stock market he col
l. affect financial matters not only in ev'
. city in this country, but in Lond
Paris and Vienna as well. He turr
his attention to the telegraph S
,,,o TEN of the country and did
DC at rest until he had monop
Co and controlled the Atlantic cal
VS.. as we'll Mr. Gould married when
rlo rlor was young man and was always dom
ouh' ,na' tic in his habits. He loved his fam
nee and home more than men do to-day.
SON cared nothing for society and p
ice little attention to it. Like most OF
i nx x business men, he conld not be his G
and ID almoner as he said, and while his v
sub was alive, she distributed his money
nee. him and did it with free hand, as m
ews- know. Nor was Mr. Gould what Sc
sing persons call areligious man, but he
the as religious as most of his neighb
WINS For years he kept pew in local Z
The copal church. Such are the main po