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
“Well, well,” said Mr. Gould, turning to an acquaintance, “that was
hot, wasn’t it? I was very much annoyed at the delays and crowds myself
and I did want to tell the man that I was not responsible for the
limited number of trains. If he had not been so abusive, I would have
told him that it was all Sage’s doings. He advised taking the extras
off and I suffer for it. I do wish Sage could have been here, for I
think I would have told that fellow all about it and let Sage get his
deserts.”
An illustration of the rush and hurry of Jay Gould’s life is told among
the Pennsylvania mountaineers in the region round about Gouldsboro.
Mr. Gould’s father was superintendent of the tannery at Canadensis,
which was the property of his son, and received therefor the salary
of $20 per week, which in those parts placed him high up in the
category of the well to do. Canadensis is four and a half miles from
the railroad station at Cresco on the Delaware, Lackawanna and Western
railroad, and the road between is a rough mountain road not fitted for
fast speeding.
When the old man died Jay Gould was summoned by telegraph. He reached
Cresco in a great hurry. Business matters were pressing and he had no
time to waste. He hired a rig and told the owner to drive him over to
Canadensis and back in time to catch the next train back to New York.
The owner shook his head.
“Go ahead,” said Gould. “I’ll pay the damage.”
The horse was put to its utmost speed and Gould had just one hour and a
half to devote to preparations for his father’s funeral. Then he drove
back to Cresco and caught his train, but he drove so fast that the
horse died from overexertion. Gould made good the value to the owner
without complaint.
Pacific Mail was always one of Mr. Gould’s speculative favorites. He
had been more or less directly identified with it ever since the time
when A. B. Stockwell was its picturesque controller. Stockwell is
the historic gentleman who, in reciting the story of his Wall street
career, has graphically put in this way:
“When I first came to Wall street I had $10,000, and the brokers called
me ‘Stockwell.’ I scooped some profits, and it was ‘Mr. Stockwell.’ I
got to dealing in a thousand shares at a time, and they hailed me as
‘Captain Stockwell.’ I went heavily into Pacific Mail, and folks lifted
their hats to ‘Commodore Stockwell.’
“Then one day Jay Gould came along, smash went Pacific Mail and I went
with it. They did not call me ‘Commodore Stockwell’ after that. Then it
was: ‘The red-headed son of a gun from Ohio.’”
Public-domain text, read in full here on John Shaqi.
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