Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-11-19

A STORY OF JAY GOULD.
The following railroad story, according |
to the St Louis Republic, WIS never
before IN print. The first sccne,' said !
the story teller, twas laid in Jay Goulds
New York office. and the opening lines
were full of dramatic effect:
"Gould, You are an infamous liar,
exclaimed J. l.. Jounatz Of che commit
tee of foreign bOndholders of the Mis-
souri,, Kansas and Texas railway, as he
shook his fist in the face of the great
fnancier You wrote fairy stories 60 us
while your railway stole the splendid
pine lumber traffic from our road, worth
$3OOO,UOO a year, and that is the reason
we get no interest and our bonds are de
preciated'
MIR. Gould attempted 10 reply, hut
he hesiiaied, turned pale and then
great stream Of blood gushed from his
mouth. He fell upon a sofa aud was
carried home. His fatal illness dated
from that hour"
''lhe meeting between Gould and the
committee of foreign bondholders of the
Missouri, Kansas and Texas railway took
place In the New York Offices of the Mis-.
squri Pacific railway six years ago,
said Director Lee Clark Of the alleged
robbed road to a Republic reporter,
THAT meeting continued Mr.. Clark,
twas highly sensational, sharp words
passed between the European and Amer
lean millionaires.
Our road said Director CLARK, was
leased some years prior to the meeting
for 80 years to the Missouri Pacific
railway for an annual rental of one.
| third Of the gross earnings. MIR. Gould
1 and his board Of directors Differed both
| corporations. but the rental made an
I ample fund to pay the interest ON the
/ bonded debt. aud the foreigners were
I f.r Ems
| when the president and directors OF the
| Missouri Pacific fell into the habit OF
! cheating themselves outrageousiy as
president and board Of directors of the
| leased road. The earnings fell of and
the semi-annual coupons on the bonds
were unpaid. The foreigners stood -four
semlanual defaults in interest ana then
sent committee 90 America TO learn the
cause.
after their meeting with Mr.. Gould
had been closed by Mr. Gould's sudden
Illness he sent the committee a brlet
message: See my son George But
when the committee called upon that
young man for information. h. nlwsys
declared that he didn't know anything
"rhe committee Of foreign mlllionalres
logged George Gould's heels for week
and becoming disrrstcd the come West
to investigate for themselves. They rode
! hlNMlN NNti tue fnlAlt iANN hltl''
and discovered so many OF Mr., Gould
transactions that they determined to cut
loose from him forever and make Their
road independent by building an extern
sion to ST. Louis. Tn TO this time Mr..
GOulds Missouri Pacific had q monopoly
of handling the Missouri, Kansas AMI
Texas business at Sednli0, Mo, and this
extension meant loss Of S5,OOOOOO a
year to Mr. G0uld's road and a probable
end TO dividends on his great block OF
Missouri iacifc stock.
Mr. Gould made ovprtureg for peace
hut the committee refused to listen tI
Lin, rs his peace was of the lion aud
"The cNirf leak found by the commit
tee was the diversion of the magnificent
Texas pine lumber trade. worth $1,000,
OOO year. The rond has direct hau
of 900 miles from the Texas pineries t'
l.crnv. lI7u.. whcro the lrr1r.' wa
transferred TO the Missouri Pacific ant
carried sixty miles to Wichita, This wa
) too good thing for lcnscd road owneI
| hy foreigners TO have, and after Mr.
Gould had made the foreigners feel GOO
over six continuous payments of intores
he proceeded to divert the lumber tratli
to the Missouri Pacific in a unique man
First he built coal road ninety-Gv
miles IN length. tipping the leased r0a'
at Chetopl, Kan. and Nevada, Mo
This road belonged 10 MIR Gould alone
! Then the great pine lumber trains wer
! hauled GOO miles ON TO the leased roa
from the pineries in Texas 90 Chctop
: and transferred 10 Mr., Gould's road. II
took nine,y-fvc mile haul 10 Nevada
r No. where tie trains were trnnsfcrre
2 back to the leased road, laulcd 10 u
! Scott Kan, and then taken 10 WIGHT
I by the Missouri Pacific. BY that mean
, oil hands got a slice " the business, bi
, Il left Boo miles Of thc leased road viii
: out any business between Chctnpa an
@ : rrov and Parsons and Fort Scott. n
G though Il was by 1856 miles the shortes
4 route and honestly entitled to every mil
c Of the haul except sixty miles betwee
o Leroy and Wichita.
4 "lhe committee filed a suit 10 brca
5 the ninoty-nine year lease IN the Unite
Siatcs circuit court at Topeka, Kan
hut Mr.. Gould sent word that he wante
no fight and on dismissal Of the suit r,
decided the Missouri Kansas aud Texa
L railway back 10 It's owners. who placed
t upon It's feet again and are now maxim
|. it paying system