Bisbee daily review., 1904-02-28
SOME EARLY RAILROAD
 HISTORY
ThE ELDER GOULD BUILT UP HIS INTERESTS BY TEARING
 DOWN OTHERS.
CONSERVATIVE GEORGE
Has increased His Own Fortune and woos the Confidence of Others by His Magnificent Executive Ability. Gould Extensions May Pilot cuo,d Traffic CSe E. p. & 8. W. R. R. Rails.

During the week just closed Bisbee was honored by visit made by an unusual visitor The guest" within her borders was MT. George J. Gould. MT. George J. Gould is an unusual vis- itor, because. it is well known fact that Mir. George J. Gould is not known to the world as interested in the least in what Is known as the 'industrials'' of the country, further than what those ''industrials" may bring to the lines of railways, in tonnage to be pulled by Mir. Golld's locomotives. and the result of that haul bring to the treasuries of his companies the reve- nues therefor Mr. Gould. therefore, pertinently becomes a person of much interest to Bisbee in particular. and to Arizona in general. As fair mat Yer of such interest it may be fair to compare the present president of the various lines known as the Gould roads, with his extremely shrewd and aggressive father who opened up many ideas new to railroading and railway management Many of the older Of the present generation, If not Of the younger element will rec ollect the methods employed by Jay Gould, the father of the late visitor to this city. His rise to eminence from almost obscurity in the manipu- lations of vast systems of railways. are heroic in circles where railway ownership is most discussed.
 Passing his early days on his fathers farm Jay Gould started his career. making maps of Albany and Delaware counties in New York, and later saw an opportunity to embark in railway ownership. when in the great depression following the panic of 1857, he purchased the controlling interest in the Rutland and Washing ton railroad for about ten cents on the dollar, and became its president. treasurer and general manager, the line extending from Troy to Rutland. ed it with the cid Renselaerr and Sar- atoga railroad. selling out his inter- ests herein two years later for 120 and removing to New York. where he engaged in the brokerage business and then set about to acquire the Erie railroad.
 The variety of life for the stockhold- ers in that enterprise. was surely set fast enough for them by MT. Gould. who added debt upon It of over $e4 GOO GOO, and whict by the way. in those days was en enormous deht. and would be but little thought of at this time.-
 Ii was the elder Gon'd's methods to deuress the stock which he desired to obtain. and then buy it in at figure at which he wanted it. It will also be remembered that many of his methods were sternly questioned at the time. but nothing prevented the shrewd manipuiator from carrying ont his schemes. and what ever may have heen his methods of obtaining his results there is no doubt hut what he accomplished all that he set out to perform.
 And at the time of his death. he controlled one ninth of all the railway mileage of the U. S. absolutely. Having accomplished this and in the meantime having carefully trained his eldest son in the finances Of Wall street and of his own great proper ties he wass well content to pass over at his death the reins of all Of his vast enterprises to George J. Gould, tbe present head of the vast systems known as the Gould lines
 With all of these George Gould was as familiar as his father. He knew their mileage, their actual pro5pect- i've earning capacities. Mop. as 1t is well known on the board. or Missouri Pacific. ss ii is well known to the pub lie was the "pet" property of Gould the elder Mop is today the pet line of Gould. the younger. Embraced In inc ownership of the Goulds. became the Wabash. reaching from St. Louis to Toledo, Detroit and the Great akes terminating at Buffalo and with eastern connections closely allied with the Goulds. Later came the talk Ing fin of the St Louis. Iron Mountain and Parific and International and Great Northern. and Texas Pacific, and subsequently the Denver & Rie Craude which let the Goulds via the Missouri Pacific and D. & R. O. ai far west as Ogden. Jay Gould con trolled Union Pacific from price ol SIS rom 1ss2 tn 1892 when he let go at s75 and the latter line has since rae-ed into the new ownership of MT Hartman. The elder Gould buildet up. bv tearing town first The young CT Gould departed from the method O his father, in precisely this regard