The Wizard of Wall Street and His Wealth; or, The Life and Deeds of Jay GouldWhite, Trumbull
History
The Wizard of Wall Street and His Wealth; or, The Life and Deeds of Jay Gould
White, Trumbull
Businessmen -- United States -- Biography; Capitalists and financiers -- United States -- Biography; Gould, Jay, 1836-1892
It was because his father became unpopular in the village by opposing
the anti-rent movement at that time, that young Gould was obliged to
leave the school nearest his home. He waited until he was fourteen
years old. Then, after pondering over his prospects, he formed a
resolution, and at once put it into practice by asking his father’s
permission to leave home, saying that he was confident in his ability
to take care of himself. His father was inclined to be amused at the
boy’s request, which was made with much earnestness, and thinking that
it was a mere passing whim, returned a careless affirmative. The family
were astounded, however, the next morning, when little Jay entered the
breakfast room equipped for his journey out into the world. He ate his
breakfast quietly and, arising from the table, held out his hand to his
father with a hearty “good-bye, father.” His father was amazed at his
determination, and his stepmother and sisters entreated him tearfully
to remain at home. Unshaken in purpose, however, the future “Wizard of
Wall Street” hastily caught up his little bundle and left his parent’s
house. His bundle contained a spare suit of clothes, and he had fifty
cents in his pocket.
Young Jay trudged hopefully through the mountainous road between
Roxbury and Hobart, where there was an academy that he had long desired
to enter. He went directly to the principal of the academy and told him
of his anxiety to obtain an education and his desire to get employment
that he might earn money to pay the tuition fees. The principal became
interested in the boy and secured for him the position of bookkeeper
in a store kept by the village blacksmith. This school was kept by Mr.
Oliver, and Jay’s course there was completed in 1851. During this year,
however, he must have made considerable progress in mathematics, in
spite of the fact that it used to be related of him in the neighborhood
that he grew tired once of going to school, and was locked up one
morning in the cellar by his father as a measure of correction, and
forgotten until his non-return in the evening caused comment. The
taste for mathematics it was that opened up to him the first steadily
lucrative employment in which he became engaged, and also led him, by
easy steps, into the career which destiny seemed to have marked out for
him.
On leaving school he got a place as a clerk in a tin shop in Hobart,
and at fifteen years of age was a partner in and manager of the
business. Not only that, but this amazing boy was up at daybreak every
day to pursue the study of surveying and such engineering as he found
books and instruments to help him to. Moreover, when the elder Gould
sold his farm, young Jay took him into the tin shop on a salary.
Public-domain text, read in full here on John Shaqi.
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