The evening times., 1898-07-20
MONEY FOR MILLIoNAIREs.
Jay GoulA's -cbIlaren Beaueatheta
psSS.yx Each.

Jay Gould's ,CbIlaren Beaueathea
ssSs.ss Each.
New York. July 3o.-The children Of Jay
Gould inherited from their father as2..
ss4.5soe0.
They have inherited from their grand.
uncle. Cornelius K. Bailey. Of jamaica,
L. ]. tl54.75 each.
Until recently no one knew that Jay
Goulds six children had inherited an
other fortune. This goes to prove that
they are self-contained: that money
cannot turn their heads.
Cornelius X. Bailey, their granduncle,
most respectable old farmer. OF ia
maica, L. l.. died on June Is last. Yes
terday his will was offered for probate
to Surrogate Weller. of Queens county.
The estate Is valued at $4,000. OF which
$1,000 Is personal property. That Is to
say. all Mr.. Bailey's stocks and bonds.
pictures. jewelry, sllverware. everything
the generous old gentleman owned but
his farm. are worth 81 900.
One-half OF the estate he bequeathed
to his sister. Emma L. Smith: the other
half he divides among his relatives. To
George ]. Gould. who got SIG 00O. 900 from
his fathers estate, Mr.. Bailey left $154. Is,
and to the other sons and daughters Of
Jay Gould hke amount.
Yet this fresh acquisition of money
has not led anyf of the Gould family to
extrayagances. No one has even in
dulged In his or her favorite diversion
since their grand-uncle died. Miss Helen
Gould has not given 100000 to hos
pital or college; George Gould has not
bought yacht: the Countess de Castel-
lane has not sent invitations to another
fe.e costing several hundred thousand
francs. This proves they are self-contain-
ed.
More than that-Edwin Gould, perhaps
more energetic business man than his
brother. proceeded directly to make
more money out OF his new Inheritance
OF his legacy Of $15.75. Edwin Gould
promptly bought d. o. Mills and John
Milholland's Tubular Dispatch Company
for some millions Of dollars.
Cornelius X. Bailey was q bachelor.
about seventy-five years old: his family
was good one and an old one and once
owned most OF the land where the vii
lage Of Hollis now stands. Mr. Bailey
passed all his contented life in q little
cottage on Grand Street. in the suburbs
OF Jamaica, In neighborhood more
ieAoA IMAM SdinslCd ltStiI. ne was
very good farmer, indeed No man on
Long Island raised better potatoes nor
more TO an acre.
While several hundred fashiona ple peo-
pie were falling over each other In the
vain attempt to be asked 20 the Gouid-
Castellane wedding. old Cornelius Bailey
sat In his little cottage and read miles
and miles Of description OF what the great
event would be In the newspapers, and to
him came a very heavy envelope contain
ing an invitation. delicately engraved and
scented. TO the wedding of his grand
niece and the grandson Of marshal of
France
Old gentleman Bailey was gya,ifled that
his kinsmen and kinswomen had not hee n
spoiled by their first fortune. He put on
his best coat and he went 10 the we'd
ding. It's ten to one that. as he walked
up the steps of his grandneph.v's house.
on Fifth Avenue the policemen on guard
there whispered to each other, &c; on
to the Reuben"
1t should be mentioned that :he poiice-
men were on guard to restrain the crowd
of fashionable people who were not hid
den to the house.
Old Farmer Bailey took home with him
one OF the little gold boxes in which the
wedding cake was distributed. Afterward
on state occasions. he put the pox filed
with tobacco before his guests. Now he
has beQueathed to the Countess ce Cas-
tellane. and to her sisters and brothers,
Just about as much as the gold box cost.