The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-11-21
GOULD AND MORGAN.
How the Former Secured Rockefel-
ler's Friendship.
brooklyn Eagle.)

As the head Of a mighty transcOntinent-
al railway system that has inch by inch
fought its way into the front ranks with
its bitterest foes, and which gives prom
Use Of soon outsTipping them all. George
j. Gould is today one Of the most re-
markable and one OF the least under
stood Of those picturesque characters. in
that most thrilling of melodramas-
Money.
But Gould is more than picturesque; he
is more than dramatic. He is tragic, for
he has arrayed against each other two
great armies of multi-millionatres- A
move for supremacy-one way or the
other-may lead to such a battle as the
world has never known.
soon after George Gould had obtained
lul charge and was practically dictator
Of the interests left by his father. he
called at the office of j. PierpOnt Nor
gan in regard to the purchase Of the New
York 4 Northern railway by the Man
haitian elevated road. There were some
things on which the two did not agree.
some remark was made by Morgan;
words passed and Gould left the office in
anger. In telling the circumstances to a
friend, he afterWard said that he would
never again enter Morgans office, and
ne never has. The friend, however, who
had known his father for many years,
took the young man to one side and said !:
George, YOU are Just beginning your
career where your father left it for you
to resume. Now let me give you a bit
of advice. If YOU desire 70 be successful
as your father was, you should not begin
by making powerful business enemies
Gould said nothing, but he thought OF
the matter carefully. He had made an
enemy of Morgan and he was too proud
TO make any concessions to him. The
next best thing, therefore, was to gain a
powerful friend to offset the powerful
enemy and he determined 20 seek the
strongest man financially in the world
AT that time John D. Rockefeller was
one of the heaviest stockholders in the
Union Pacific, Of which the Gould south
western railway system was a direct riv-
al Gould accordingly called on Rookie
. Teller. He said frankly that he did not
want TO run the Missouri Pacific in COM
peuuOn with the Rockefeller interests
and he asked the great financier. much
after the manner in which a son seeks
advice from father, just how he could
conduct his road and its branches in har-
mOny with its former rival. There was
something about Gould, something in the
confidence that he reposed in Rockefeller
that won his friendship. A harmony plan
was at once arranged and from that time
forward the friendship between these two
men grew stronger. The more Rockefeller
saw Of Gould the more he liked him and
believed in him. When the split between
William and John d. Rockefeller came
the business Interests Of the latter and
OF Gould were strengthened Rockefeller
millions began to pour into Gould prOpO-
sitions. An extensive system Of expan-
sion was planned and the Gould roads
| Pacific.
Gould. realizing the Importance Of max
ing strong allies and planning for the fu-
ture, was quick to seize upon a Circum-
stance that brought him and Andrew
Carnegie together. Carnegie. who may
be said to have changed the railway map
of the United States, was engaged in a
fight with the Pennsylvania company
which he thought was charging too much
for freight He had heard OF George
! GOuld's ambition TO bring the Wabash
I to an Atlantic port and he determined &c
use him as a wedge against the Pennsyl-
! vania people. Gould and Carnegie haC
( several conferences. the result of which
was that a contract was entered into 10y
which the Wabash was to receive % pei
J cent annually of the output of the Car.
negie Steel company in consideration OF
a railroad being built into Pittsburg. Tn,
/ United States Steel corporation, of which
/ J. Picrpont Morgan is the head and front
and one of GOulds bitterest enemies, has
| now that contract TO fulfill This on,
| tonnage contract Is enough to guaranteed
| the financial success of the new line from
] the start and the most peculiar featur,
I of the whole matter is that the money
| comes from the very men who mos
! strenuously opposed the entrance Of TIT
road into Pittsburg.