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
Mr. Gould’s secretiveness was exhibited quite as strikingly in his
benefactions as his speculations. He never achieved a reputation as
one in the habit of doing good to his fellowmen, and yet few rich men
were more charitable than he. Only once did he forego his customary
reticence, and then it was in a time of great public calamity. Yellow
fever was raging in Memphis, and subscriptions were being raised in all
the large cities of the country. Gould did not wait, but telegraphed
to the authorities of Memphis to draw on him for all the money they
needed. As a rule, like William H. Vanderbilt, he dispensed his
benefactions through a trustee. This, during the last few years of his
own life, was Thurlow Weed.
“I am Mr. Gould’s philanthropical adviser,” said this remarkable man on
one occasion in 1879; “whenever a really deserving charity is brought
to my attention, I explain it to Mr. Gould. He always takes my word as
to when and how much to contribute. I have never known him to disregard
my advice in such matters. His only condition is that there shall be
no public blazonry of his benefactions. He is a constant and liberal
giver, but doesn’t let his right hand know what his left hand is doing.
Oh, there will be a full page to his credit when the record is opened
above.”
It should also be added to the list of his virtues, that he abstained
absolutely from spirituous liquors, including wine, and never used
tobacco. He was, however, fond of highly-spiced food, and it is said
that indulgence in such viands caused the stomachic disarrangements
which forced him to devote himself in 1888 to the pursuit of
health. He loved flowers exceedingly, and in his country seat at
Irvington-on-the-Hudson built up one of the finest conservatories in
the world.
Public-domain text, read in full here on John Shaqi.
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