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
The lessons to be learned from this early period of the life of the
one who was in future time to be the “Wizard of Wall Street,” are not
in anything obscure. Unceasing vigilance and unflagging energy were
the qualities that were most prominently developed in him from his
very youth. These qualities properly directed and controlled, are in
this age bound to win success for any young man. Gould never lost an
opportunity to make more money by increased efforts. He was not afraid
to assume any amount of extra work if he saw in it a just amount of
remuneration. From the time when he left his father’s house and started
out into the world to take care of himself and make his own living,
there was never a man with whom he came in contact who did not consider
the young fellow a valuable person to have attached to his business.
Gould always made it a point to prove himself valuable. He made his
employer’s interests his own, and was always ready for whatever
appeared necessary to be done. In all of this, his example is most
worthy of emulation. And while it is not to be expected that the same
efforts will bring to every one equal results, one may rest assured
that they will amply repay for their adoption.
[Illustration: THE TANNERY WAR IN PENNSYLVANIA.]
CHAPTER IV.
GOULD AND THE TANNERY WAR.
From the mildly humdrum life of school boy, tinker, surveyor and
bookseller, Gould’s career now changes to an intensely dramatic period.
While pursuing his avocation as a surveyor, he made the acquaintance of
Zadock Pratt, a local celebrity who lived at Prattsville not far from
Roxbury, for whom he had done some surveying. Pratt is described as
an ignorant man who had amassed what at that time and in that section
was considered an immense fortune. He was worth a hundred thousand
dollars, and had the largest tannery in the country. He had also been
to Congress, and, as is usual with such district nabobs, he was a very
vain man. How he happened to become attached to Jay Gould does not
appear. Mr. Gould himself once said: “While I was carrying on these
surveys, I met a gentleman who seemed to take a fancy to me.” Zadock
Pratt was a famous man in his days. He was not only the biggest tanner
in the country, but he was also a power in the politics in the state.
During his ten years’ service in Congress, at least one of his speeches
attracted widespread attention. He was one of the earliest advocates
of cheap postage, and he moved the establishment of the Bureau of
Statistics, which has since developed into the Department of the
Interior. He also moved the first survey of the Pacific railroad line.
When he ceased his Prattsville tannery in 1845 he estimated that in
twenty years he had used one hundred and fifty thousand cords of bark
and wood, had employed thirty thousand men, had cleared twelve thousand
acres of land and tanned over one million sides of sole leather. He
was, however, nearly seventy years old when he interested himself in
Gould.
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account