The times., 1898-07-21
MONEY FOR MILLIONAIRES.
jay Gould's CbiIdren Bequenthed
S15lY TX Eucb

SI54.75 Each.
New York July 20.-The children of Jay
Gould inherited from their father $751;,
934. $4,000.
They have inherited from their grand
uncle. Cornelius X. Bailey, of Jamaica,
l.. I. sl54.75 each.
Until recently no one knew that Jay
Gould's 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,
a most respectable old farmer, of ia
rnaica L. l., died on June p last. Yes
terday his will was offered for probate
to Surrogate Weller, of Queens county.
The estate is valued at Sl3, 900. of which
81. 900 is personal property. That is TO
say all Mr.. Bailey's stocks and bonds.
pictures. jewelry silverware. everything
the generous old gentleman owned but
bis farm. are worth $1,000.
One-half of the estate he bequeathed
to his sister. Emma L. Smith; the other
half he divides among his relatives. To
George J. Gould. who got SIC. 900 900 from
his fathers estate, Mr.. Bailey left $l5i.75,
and to the other sons and daughters of
Jay Gould a like amount
Yet this fresh acquisition of money
has not led any of the Gould family to
eXtravagances. 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 a hos
pital or college; George Gould has not
bought yacht; the Countess de Castel-
lane has not sent invitations to another
fee 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.
Who can doubt that after being notified
of his legacy of $i5i.T5. Edwin Gould
promptly bought D. o. Mills and John
Milholands Tubular Dispatch Company
for some millions of dollars.
Cornelius X. Bailey was a bachelor.
about seyenty,five years old: his family
was a good one and an old one, and once
owned most of the land where the viii
lage of Hollis now stands. Mr.. Bailey
passed all his contented life in a little
cottage on Grand Street, in the suburbs
of Jamaica, in a neighborhood more
rural than Jamaica itself. He was
very good farmer, indeed No man on
Long Island raised better potatoes nor
more to an acre
While several hundred Fashionable peo-
pie were falling over each other in the
vain attempt to be asked 20 the Could
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 engra we'd and
scented. TO the wedding OF his grand
niece and the grandson of a marshal of
France.
Old gentleman Bailey was gra.ifad that
his kinsmen and kinswomen had not been
spoiled by their first fortune. He put on
his best coat and he went to the we'd
ding It's ten to one that. as he walked
up the steps of his grandnephew's house.
on Fifth Avenue. the policemen on guard
there whispered 10 each other, Get on
TO the Reuben"
Il Should be mentioned that :he police
men were on guard, TO restrain the crowd
of fashionable people who were not bid
den to the house
Old Farmer Bailey took home with Linn
one Of the little gold boxes IN which the
wedding cake was distributed. Afterward
on state occasions. he put the Dox filed
with tobacco before his guests. Now he
has bequeathed to the Countess &c Cas-
tellane, and 10 her sisters and brothers,
Just about as much as the gold box cost.