Mr. Gould was not a believer in cheap men. In the employment of help he regarded economy as poor policy. In the various branches of his extended business he aimed to secure the best men possible, and he was never known to dicker over the amount of pay. His conspicuous success in avoiding the legal shoals through which he was obliged to thread his way during his eventful career was due mainly to the fact that he always had in his employ the very best legal talent that money could procure. The story about Mr. Sage and his office boy has been frequently told in Wall street, but it has never appeared in print. Mr. Sage had an office boy who had been with him for several years, was familiar with his methods and moods, and understood perfectly well the status of each of Mr. Sage’s customers. The boy was alert, tactful and faithful, and in due course of time received tempting offers to leave Mr. Sage’s employ. He, however, stuck to Mr. Sage for a long while, imbued with the false hope of advancement. The boy’s salary was $15 a week, and when he told Mr. Sage one day that he had been offered $25 a week to go elsewhere, Mr. Sage coldly told him that he had better go, and he went. Jay Gould happened in Mr. Sage’s office a few days afterward and casually remarked: “Why, where is John?” “Oh! he has left me,” said Mr. Sage. “He got extravagant notions in his head and I had to let him go. But I’ve got a new boy and I save $3 a week on his salary.” “You do, eh?” remarked Mr. Gould, with undisguised disgust. “Well, have you figured how much you will lose on his blunders?” When Col. F. K. Hain was made general manager of the elevated railroads in this city, he was unknown to Mr. Gould. It was not long, however, before the quiet little millionaire began to take a lively interest in him. Col. Hain possesses qualities which excited admiration in Mr. Gould’s breast. One day, not many years ago, Mr. Gould, as president of the Manhattan Railway Company, received Col. Hain’s written resignation. In great surprise he sent for Mr. Hain and asked him to explain the reason for his resignation. “Mr. Gould,” said the colonel, “I have received from the Reading Railroad Company an offer of the position of general manager at a salary of $12,000 a year, and in justice to myself and my family I do not think that I ought to refuse it.” “How much are you getting here?” asked Mr. Gould. “Six thousand five hundred dollars a year,” replied Col. Hain. “Is the increase in salary your only reason for your resignation?” “Yes, sir.” “Will you stay with us for $15,000 a year?” asked Mr. Gould. “Certainly,” responded Col. Hain. “Very well, let it be so,” said Mr. Gould. “And, Colonel, I am perfectly satisfied with your work. Never let a question of money come between us.”