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
Innumerable anecdotes are related of Jay’s early life. All the world
has heard the mouse-trap story. It was in 1853, when the World’s
Exhibition was held in New York, that young Gould, then about seventeen
years of age, is said to have made his first visit to the metropolis
in which he was to become such a power. He carried with him a showy
mahogany case, containing an invention which the boy hoped would bring
him fame and fortune. The invention was a mouse-trap. He entered a
horse-car and, leaving his valuable model on the seat, stepped outside
and stood on the platform, where he could view the glories of the great
city. The box was picked up by a thief, but not without the observation
of young Gould, who pursued the rascal and captured him. This exploit
was related next day in the _Herald_, this being the first newspaper
reference to Gould, whose renown has since filled columns of the daily
press for years. The mouse-trap was a success, but its inventor has
been far more successful with his future traps, which he laid for
speculative mice, and with which he caught them all his life.
That Gould’s great fortune was not the result of a streak of luck, but
of strict attention to business and hard work, is clearly proved in all
the events of his life. His plans were the result of careful thought
and they were carried out by hard work. The man in whose family young
Gould worked for his board when going to school thus speaks of his
conduct at that early date:
“He was an excellent boy. His habits were good and he devoted most of
his evenings to study. He was always the first one up in the morning,
and he had the fire burning and the tea-kettle boiling by the time my
wife was ready to prepare breakfast.”
Public-domain text, read in full here on John Shaqi.
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