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
Continuing, Mr. Morosini said: “Mr. Gould could enjoy immensely
anything funny or ludicrous. We used to have a small window in the
office through which I would talk to some of the unimportant callers,
and through which Mr. Gould would also talk to people whom it was not
necessary to bring into the inner room. One day a man came to the
window and said, ‘I want to see Mr. Gould.’ I told him he could not
see Mr. Gould unless he told me what he wanted. He replied, ‘I have
an invention here, and there’s millions to be made out of it.’ Mr.
Gould was in the next room, and he said, ‘Morosini, what is it the man
wants?’ and I told him, whereupon he got up and came to the window to
talk to the man.
“When Mr. Gould appeared, the man put his hand under his coat as
if to pull something out. I saw it glisten, and thinking it was a
blunderbuss, I dodged down under the counter, and Mr. Gould seeing me
go down dropped down also. ‘Shoot high, you son of a gun,’ I yelled
out. Then the man laughed and said there was nothing to fear, and began
to explain the nature of his invention. We got up and looked at it,
and what do you think it was? He had a sort of a brass cylinder, and
he said it was a patent portable churn. It was to be filled with cream
in the morning when a man was starting away from home, and slung by a
strap over his shoulder under his coat. The motion of the body while
walking would keep the cream stirring, and then besides there was a
sort of piston with a handle on the top. Every now and then you were to
give that a jerk, so that by the time the man reached home at night he
could turn out on a plate for his wife a pound or two of fresh butter.
“I said to the man when he had explained what the thing was, ‘I will
give you thirty days in the penitentiary,’ and you ought to see him
get out. It would have done you good to see Mr. Gould laugh over our
dropping down behind that counter at the sight of that portable churn.”
Mr. Morosini illustrated Mr. Gould’s peculiar tactics in operations in
some particular stock in the Exchange with another anecdote. Said he:
“At one time Mr. Gould was short on Pacific Mail, and he bought and
sold, bought and sold, bought and sold until the commissions paid
brokers amounted to about $36,000. Then the account was finally made up
and showed to the credit of Mr. Gould on the entire transaction the sum
of fourteen cents. A rumor was in circulation that Mr. Gould had made a
great deal of money in the stock. One afternoon, just about that time,
I was at Mr. Gould’s house when William H. Vanderbilt called to see him
about some matter of business. He congratulated Mr. Gould on having
made so much money on the stock. Mr. Gould turned to me and said,
‘Morosini, how much have we made on that deal in Pacific Mail?’
“I answered, ‘$140,000.’
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account