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
“Look back upon his wonderful career. As sometimes an assassin is
tracked by his footsteps in the snow or by the drops of crimson that
have fallen from his fingers, dripping with the life blood of his
victim, so the life of Jay Gould can be traced by the dark, deep stains
it has left on the records of his time. We see him leaving his father’s
farm a penniless but determined lad, clerking in a country store by
day and studying mathematics at night. We follow him as he becomes a
map-maker and goes forth to survey his own and adjoining counties. We
see him hungry and unable to purchase a meal, kneeling down by the
roadside and repeating his sister’s prayer. We see him strike his
first bargain. We see him win the confidence of Zadock Pratt, the
tanner. We follow him into the forests of Pennsylvania and hear the
sound of his ax as he fells the first tree for a great tannery. We see
him scheming for the control of the property and finally forcing out
of the concern the man who had set him up in the business. We follow
him in his partnership with Leupp, the old-fashioned and honorable
merchant, of New York, and see him again scheming to gain control of
the entire business. We see him entering, even at this early day,
into wild speculations that involved his partner and threatened him
with ruin. We hear the click of the pistol with which Leupp in his
despair shot himself. We see Gould still scheming and endeavoring to
drive a sharp bargain with Leupp’s daughters and heirs. We see him
leading a gang of ruffians to drive out of the tannery the men who
were endeavoring to protect it in the interests of Leupp’s daughters.
We hear the groans of those who were wounded in that battle. We follow
the young adventurer to New York. We see him buy his first railroad on
credit and clear a handsome fortune out of the operation. We follow
him into Wall street, where for twenty years he was to reign as a king
and master. We see him in Erie, first as a follower of Daniel Drew
and afterward as president. We see him at Albany bribing senators.
We see him in New York purchasing judges, defying the law, issuing
millions of securities, not a dollar of which represented legitimate
expenditures. We see him plundering the great property of which he was
nominally the trustee. We see him and his companion, James Fisk, Jr.,
the gambler and defaulter in a series of wonderful stock operations,
cornering even their former leader, Daniel Drew, and fighting with
desperation Commodore Vanderbilt. We see him organizing the greatest
and most dastardly financial conspiracy the world has ever seen, laying
its foundation in the actual bribery of a member of the President’s
family, and in an attempt to involve in the speculation the President
himself--America’s greatest captain. We hear the awful crash of Black
Friday’s earthquake, from which Gould, the arch conspirator, saved
himself, but in which hundreds were involved in ruin and the nation
in dishonor.
Public-domain text, read in full here on John Shaqi.
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