The evening world. [volume], December 02, 1892, EXTRA 2 O'CLOCK, Image 1

About The evening world. [volume] (New York, N.Y.) 1887-1931

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PRICE ONE CENT. NEW YORK. ri.IDAV, l)KrKMK.. '2, 18!L. PRICE ONE CENT. II
EXTRA.!
2 O'CLOCK.
JAY GOULD
IS DEAD.
The Great Financier
Passed Away at
9,15 To-Day.
' G0KSGIOU8 TO TE- LIST.
End Came Peacefully in the
Room Where His Wife
Died.
All the Members of His Family
Received His Farewell Glance
and Smile.
i
Little Apparent Effect of Eis
Death in the Stook Market
a
or Wall Street.
i
Story or the Career of America's
Moit Celebrated Financier and
Railroad Kins.
il
13
13 Jay Gould, the famous financier find roll-
18 maa magnate, died at his homo, .170 Fltth
l3 avenue, at 0.15 o'clock this morning.
n Mr. Gould's death was apparently painless.
' lie was conscious at tho last, and his bedsldo
jil was surrounded by all the members of bid
,9 family.
.Mr. Oould died In a room on tho second
'tlj floor of bis homo In tho extension In tbo rear
in ol the building, Just over the conservatory,
' tli" name room in which his wife died.
jl A few moments before the end Mr. Could
expressed a desire to bid his family good.by.
Then he looked tenderly Into the face of each
it
Giif, smiled at each and all wa3 over.
Although tho event was not unexpected,
u the public mind having been prepared for tbc
news by tho publication In yesterday's Even-
imi Wor.i.n of the facts of his critical Illness,
the announcement that tho end had como
,u created intense excitement among business
men all over the city.
i.
,u that tho death of Mr. Clould had hot been
looked for bo soon by his children and by his
pbyslclau. Dr. Munn. Is evident by the early
u morning reports given out at thohouse to the
,u effect that the patient's condition was ap.
parent!)' unchanged.
1 1 was Just o.ao o'clock when Dr. Munu
it. railed bis wlfo up on the telephone and notl.
u Bed her that Mr. Oould had Just passed away.
About the same time a bulletin announcing
the fact of Mr. Oould'.s death was posted In
oU the Western Union Iiulldlng.
on l'cr fully twenty minutes after this, re-
J potters who called at Mr. liould's luuseivere
refused roanrmatlon of tho ruport.
l mlertaker John Main's wagon was driven
83 up to tho Oould house at lo.il.l this forenoon.
u It came from :i.1 West Forty-tottrth street.
C2 Main Is sexton of Dr. l'nxlou'a church, at
M which Mr. (lould was ah attendant,
' lie presence of thi! wagon confirmed be
yond doubt tho presence of death, and a crowd
ct. .
cti Wgan to congregate on the street and stuto
ot. t the curtained windows.
i. "rtv undertaker's assistants ll;ted out a
ot- llixe Ice-box covered with, black cloth and
'' earned It into the house.
Ct
cti Within halt an hour alter the death was
cw announced District Messenger bojs were
burrjlng in and out of the rear enti mice.
Ihey hai been called to carry t lie news to
the Immediate friends of the faiiulj.
1 l Iilii began an almost unending procession
(tl ' pi'. ate carilagct. The vehicles drew up
at. ' thn door, the occupants stepped out, and
hio.intino iho steps oi the million, IMt their
Clidi and condolences,
JJJ v hauncey llepuw passed the lion, e on his
hm . duwutnwu, accompanied by two lltilu
' Kins, nbcui ten luliiut-s niter Mr.
Gould' death had Iw.-ii announced,
let. " "'"I1"' und asked ii group
,,u M reporters If Mr. (nuld was mill alive, and
i en being milt thatlie was dead, passed en
uu llhoui commerffTtxcept on ejaculatory
"llnh"'
tcw tulli P. Iltinilngtou dove up lolbchcuse
''-'. Jl and, alighting at the door. Inquired
It'll ' ''l"ecl''Ultiou or Jlr. Oould.
Hi n told thai the great financier wns
l!'-i"iiiciv.chlcudt'liCJiiUj;i-. .'.uJivi..si.u
Womn reporter caught him as ho was leaving
and asked what crtect, In his opinion, Mr.
Oould's death would have on Wall strccj
alTalrs. Ills reply was:
"Nono whatever. Men are ludlildtinls;
' property doesn't die. Mr. liould's properly
Is le.t In Just Iho same sh.ipo as It was
before his dentil, and Mr. Oeorgo (lould is
perfectly competent totnko up the burden
whero his father lulu It down."
M. Kdwln (iould lives Just back of the
Could mansion, at 1 East Forty-seventh
street. The curtains of this houo were
drawn Immediately utter Mr. Kdwln Could
entered after leaving his father's house.
Dflrcl on I hi' tttnek .tlnrkel.
When tho stock Exchange opened there
was no great apparent excitement, 'Iho
fluctuations In tho (lould stocks wcro not
particularly Important. Missouri l'acirtc
naturally reflected the effect ot Mr. (lould's
death mom quickly than other stocks. It
yielded lMat the opening, tailing tun I, but
quickly lecovcrrd to ft.1. Inlon 1'acllio
opened H loner at n:,, hut rallied tu
:I0S4. Western Union started & lower, at
Hfi, but rapidly advanced tnh.",. Manhattan
Elevated was lower, at I'ixii. and Wabash
profcrrcd fell off i. St. l.ouls Southwestern
Oould was sinking fast. A little more definite I
Intormntlun was curcd through a friend ot
Mr. l.corge (iouid, in whom the latter had
sent word that his father was very low, but
ho could not say whet her tho worst wajllkely
to ensue during the day or not.
JAY GOULDS CAREER.
History of Ono ot thn Most Famous
American Flnnnclerp.
It lia -. Iktii truthfully said thai .lay (iould
wasnno nt tho most tcmarkable products of
Amnlcan clvlllallon. lie was cunsplcuous
and pre-eminent amid the throng ot shining
lights with whom he was associated In Wall
Mini for inuro limn thirty )car.
I Among the lcndi-rs In the opposition to his
1 schemes were men ns ambitious and asgrerdy
I of gain, It not i finally n brilliant, as himself.
I Hut he succeeded In uvcrieaclilng them all,
I anil at tho close of his career stood without a
rival.
There Is not a doubt that his Influence in
' tho Held of speculative enterprise has been
j inoro potent than thntnf nny man of his day
i and generation. Although his methods have
been condemned as not one whit letler tlinii
liosoof a highwayman and rubber, many of
tho.se associated with hlin at dirfcrent times
having subsequently accused him nt thn
basest deceit and ttcachei v, he succeeded In
.IAV OilUI.U'.S KKSUIKSl'K.
preferred, of which road Edwin Oould Is
President, advanced a4, to 1L'J4. Tho general
list showed slight declines at tho opening.
Tho transactions in stocks during the first
halt hour ot business were only a little larger
than usual, aggregating 7L',4t)'J shares ot
listed stocks and 13,4 'ft of unlisted.
It was reported on the street that Mr. (lould
had put Into the band ot trustees tho bulk
olhls proporty, to bo held during (he life of
bis children. The three stocks ot which hi?
holdings are thus spoclally trusteed aro
Western Union, Manhattan Klcvatcd and
Missouri l'acldc
Mr. John T. Perry, an intimate trlcnd of
Mr. Oould and a director ot the Western
Union Telegraph Company, said this morn
lng: "Mr. Oould stated recently that he had
trusteed his holdings ot Manhattan Elevated,
Western t'nlon and Missouri l'acltlc, and
that they could not ba sold."
If this Is so, tho (iould Interest In theso
stocks Is tied up, and they cannot bo dumped
upon the market, and the prices ore likely to
remain nun.
The Oould boys, Oeorgo ami Kdwln, have
been credited for a long tlmo with being
I "short" of stocks, and It Is said that Addison
I Cammack, tho well-known operator, has al
ready been bearing the market on this knowl
I edge.
MR. GQULO'SJLAST NIGHT.
Ills Children and Ills PhjM'clan
Watched at His Bedelcie.
l'rom Information given out at the residence
or Jay Oould, ,7u Fifth avenue, this morning
It wasevldent th.it the treat financier was
rapidly neanug death; so rapidly, lu fact,
that the end was merely a uut-stlon ot hours,
yesterday's KvhMsu Wiiki.ii told of the
steady luciea.se In the alarming symutnms ot
his nines-, which was hatd to bo hemoi
I rhage of thojtoiiiach, although Dr. Munn,
his attending physician, declined to make
public any pattlculars icgarding tho suf
ferer's complaint.
I p to T o'clock last night the butler at the
front ooor ot the ;uuld ie.ldt-nre would say
nntlilng except tliul "Mr. oould Is resting
quietly. There Is no change."
Whcu evening came, however, ail ot .Mr.
oould'.s family wero gathered at his home, j
j Among tnem were Mr. and Mrs. Oeorge I
(iould, Mr. and Mrs. Kdwln Oould, Miss Uclen i
(lould, Mr. Howard Oould, Mr. Harold oould I
and Miss Annlo Oould. Dr. Munn, who had
consulted with Dr. K. O. Janeway during the
day, was also present. !
At H o'clock last evening It was said that I
ltcv. Dr. John It. I'axton, oi the West ITes. I
bjterlau church, where Mr. (it-uld attend',
sirvlces, called at tho sick nun's bed-lde, but ,
icmalncdoulya little while. At that hour
It vvastnldll-at Mr. (mild was c m-cloiis, but
so weak that ho was uniii le to s-'eaic
At i o'clock last cviiiin; Mr. Oeorgu OmiM '
' srit out a note to n caller, audi hue tin
llrsl onicial Information of il.o evening. H
. read 'imply :
My rather is v.r) Imv.
1 liur'ng the evening m.ili.v nleu in ol tlm
j fjli.l!) called, but tew nbi .liicl mi. di'llnlle
' liiieruiatl'in. Alllucloci. I. .is repmtcJ
that J,r. (lould was mu..):i.-Uoii. and at luul-
night thai ho was lukln: rapUij. j
I .M 1 o'clock this morning all tl.o llirlitr. In
the house eicept thosu In lliu sick-ioom, In
i the comer on tho second tloor, were tuinid
I low. Tho household, with the exception of
'Mr. Oeorge oould, had retired, leaving Dr.,
Munu and tho nurses to natch the patient.
When day broko this morning Mr. oould I
was jet adve, but Dr. Munu was still at his j
bedside. Mi's. Munn did nut know when the
doctor would return home, but confirmed the
report that ho htd teen with Mr. (iould all
. nljibu
I , i 7.1S Ml. Kclwlu Oould lelt tli house I
' andilrovonwa) In a carriage.
M 7.1511 was saU at thu liOU'C that Mr.
I gratifying his greatest ambition amassing
the most colossal fortunes ever accumulated
byoneman'nntrL.Jliilni; 11 iiuncmnd Influ
ence over his fellows to an extent that few In
a free country would everdream or acquiring.
Of.Iay (iould's earlier life very little was
known until within a comparatively recent
time, for of all men living he was one of Iho
I closest mouthed. Most of the facts hero
narrated In regard to his youth were brought
out lnan Investigation by the United States
Congressional Committee on Labor and Edu
cation, before whom Mr. Oould nppcared In
lhH:i, tuid for tho llmt time In his life uu
oosotned himself.
He was born on May '!7, 1811(1, near the lit
tle town of ltoxbury, In Delaware County,
this Mate, nbout two bundled miles fioui
New York City.
Ills father, John 11. cnuld, was the owner
of a small farm which he had Inhei lied from
his father, lie married three times, and his
first wife, Jay's mother, died In 1W41. The
boy was christened Jason, and he was known
by this name until he was nearly twenty
.veais old, when ho changed It lo ,ln.
I Exactly when he Hist began to write his
name lu this fashion Is not know u.
llrritrd IIIn Fathcr'H Com.
In his earliest days Utile Jason upcd In
tend his fnther'H cows. There weie twenty
of them, and he drove tnem m uud from tie)
pasture every dny'and naMsted his sisters In
milking them.
lie did not like farming, however, and when
ho wus ten jcars old he asked his father to
let him go to hchool. Ills father thought bo
was tooyoung.buttlnallygavo hlspermlstlon,
and .la) stinted out to get his education.
lie hud to walk lltleen miles to the neares:
school, and sinned out Sunday nights, return
ing on fatur.l.ij There In- soon learned in
read, w ilte and I'.gtui', and after he became
prollclcnt In thesj blanches ho obtained a
position In a country stole, when- he worked
nights keeping Hie lxnl.sior the proptletor,
and earned u little pocl.fl luone besides slip,
pnitlng himself during the week.
When he was touilecn, he gave upschool
and lift home, lie was engaged as a clei k by
tho same country stole keeper, and had to j
siveepout, lend nist rimers and do other work
about the place, which kept him bus) from
I) a. i. till 1(1 I'. II.
Hcdcvoud his spare time at night to stud)
lng mathematics, and became vcr.v much In
tel ested In surviving and englneeilng. He
nnall) determined lo become a surveyor.
Dining this period his genius ror driving
slnnp bnrgiilns began m develop llsclf, and
several Incidents are iclated which show his
great sliicwilness Hi getting the best of a mun
ir n trade, lu one ease he nveitcaeli'd his
emplo)er lu a 'mall leal estate deal, which Is
said In have eot hlin Ills ki-iuii.
Mien iitenv.iicK Inc.' vyr, h- li-ard ihal a
sin viv nr li.i was iu,il.lg n m.i i oi lister
fount) n anted an .i l-'uin. and h ' p lied
for III- 1 1 -lili) i. II" w.i. eng.ind .it I'Jll i. '
lu'uilii. l: is dill ii s veic tin an) Iheehalu lu
line) lng n Hds and til'ieaie le'l'iel.ie,. '1 he J
ulii ini'iil wus Hun lie was lo lie all at lle
end i f th- i ill,, but ju-i Inline 11,1-. ni.,e
i 'lieitHi"sUi',.'ior .ib-ei ndeil, Ii nvn.g .lav
II. ilebt a ii' I pi'iiiilii-s alter i-ever.il weeks' I
li.tidwus. I
As some people hid prevluiii-l) wained hlir. '
not tonus, hi-, employer, .luy fell very iiiu.1i'
illsiieai'tcud in ids own lack of Judgment. lu
hi testb.uui.v li'ioie the fiunmlltee .Mr.Onuld
said he weld into tho woods and hidagsl
cr.i, and then he knell down aud pra)ed, and
aiieithat he felt better.
He went to a fanner's lioue, aud the In
mates gave hlin a bowl of bread and milk,
and alter he had told them his story and
asked for work the farmer asked him It he
could make a sun dial forhlui In tho Irani
yaul. Jay said lie could, anil completed Hie
-noon maik" that niternoon, '! ho farnifr
paid hlin n dollar for his oi k.
After Hit Ja) plucked up (iiuidge again1
and with the other two aslslnnisof Hie nh. '
scondlne surveyor went onanileniiiplcled Die '
map. He ntterwards sold out m iiistnous. '
soclntes for .loo. This was In December,
8.V.
Ilia I'llKl Vlsll lo New nrh. '
.ln (iuiilil mnile his tlrst vlll to New "rk
In lh.111. He biouvhl with him an liu'eiilmis
iiiou'clrnp which he hnd Invenled and whli h i
lie Inlendcil tneililbll and perhaps dlp"seot
at a good profll. lie got Into u lioisc-e.ir to
I tile uptown, pliu lng his package on the seat.
A thief, who Imagined It might contain v.ilu
ables, tried In mil nwnv with II, but .lav
caueht htm and irgiilucil pnsscs-loii ot hi s
mouse-trap.
uv ooci.n, .nt. t
The Invention was not a sucies. and tjr
went bark Into the country mid mnde hlsv.
lug at sune)lDg for several ve.ns. Diiifiig
this lime he made the acqunlntrindiMit 7loc
Pratt, of rrattsvllle, who owned th bX-esi
tannery In tho Stnte. llewns seventy R'.irs
old and look n gieat Inner to onrJ .lav
oould, who soon aflerwiiids went llio his
employ and eventually became the pawner of
Pratt. r
Oould Induced him toslavt anotheisTanneiy
In Pennsylvania, near the hoidcr.Aung the
line of the Delaware, I.aeknwaiimiJtnd West
ern rond, and Oould himself cu! llillrst hem
lock In the ramp. There was JwfhOOO cap
ital represented In the buslne, which was
run by Jay. He had things all hlmselt and
Is said to have made enormous profits out of
the business, r
nun. i.nui.n.
Prnlt, at any rate, became dissatisfied with
his partner's operations at Onuldsbnro, nst he
ronnsylvunla tanner) .was called, and
thought thu books did not show pnillls
enough. When hu liegan to gel suspicions
(lould, who had ihdiIo thu acquaintance of
several wealthy leather merchants of the
"Hwnmp," In .New Yolk, Induced one of them,
named Leupp, to advance hlin f no.oon, with
which ho bought out Pratt's Interest In the
tannery, giving Leupp a mortgage on the
, place.
It is said that Oould treated Leupp In the
'same way, and, after he had made all he
could out of tho tannery, he sold I he property
to Leupp for several times Its actual value.
Tho panic of lh.17 onino on, and Lupp be
came hopelessly Involved In tiankiiiplc) and
shot himself In his mngnlllcent house on Mad
ison avenue.
- C' W ,, !
XIIHIN (iOl'l II.
It Is alleged lhat,n addition to goiitlig
Leupp la the lam.ei) deal, (iould, who at this
time hid begun to uinlll.uU" hlm-elf with
slock transactions In .New lork, hid Involved
his patron in some i xceedlngl) disastrous
deals, which preclpltnled Ids falluic, while
Oould piollted b) the catiisllophe,
(in Iliac!; Friday (iould wus openly accused
b) his enemies of having klllel Leupp. 'I his
Is an episode 111 his e.ueer, however, upon
which (iould has never show u a illspnslllon tu
shed any light. j
HU I'lrsi Itiillrond Veniurr. i
Oould engaged In his llr.st railway enter-J
tei prise In 18.17, when he bought tho bonds
of the Itutlnud and Washington llnllro.id.it
tOienlsnn the dollar. He says he bought
them with borrowed money, piubably.
Leupp's, aud that he lliialt) took charge of
the road. He sold out allii wards at a ralr
profit, but the piirthuseis round the) had gut I
veiy little for tin Iruioni')'. I
AImiiI this time Ooi Id minted ami ame to I
New Yoik to live. Ill' next ventme was pi
Cleveland ami I'IMsliuig binds. Hcbi.iiilil'
nt 4(i a- d then i.iu the price up m ivo, .h
whli h lie -i.l mil ami lit, 'In' m.ul lu take
llllcnt llself, 'i. i.lll- weie I ilce III I Ills
as well iis In his nt lii'i-voir me, mill It v.as
llils w Im ii gave hlin his -tall on tin way tn
uiiias-lng liHuiloss.il loinnie. '
Delweeii 18.1H and lsiin.liv i.oul 1 I'lM b '
gan m I'lossom mi: in Wail aiieei. s mmui ,
ns he was tutrl) IiiiiiiciihI In llp swim he was
never oni o out ot It during :he icmaltuler "t
his life. '
He vieut Into Hi" stmi agilusl the advice
of many of his friends bin he vvassn suuess.
ful f.'i m tho start tliul he soon pill their teats
mills'ht.
Hi showed hlmselt a born sncculator, and
was soon able lucopi! wlih thu most dm lug
among them. Within aviiy short lime he,
was In the front runk. Ills chief character!-!
tic was his cautiousness and reserve. He .
made friends with very few, and was tlicj
enetii) of most ot his associates In specula
ilon. smile of those vvph whom he has had tela-
V
Unas, rl'her trleiullv or liusiiio, or Imtb, ns
"lilted liiseoiivi'nleiice.iverci ouimtslore Van
licit tit. Diinlnl l)revv,.ufines Flsk.jr.; Mm llel
dens, commrdote OaMismi, Henry X. smith.
James 11. Keene, orge 1. -.one)', (leu.
Th 'in. ( .N Hiliv.. (i. .Mills, Addison fain,
mark, Wwtlflu ITiihe llockelellcrs, chailes
J. (islnirn, Alircdllly, 1). I'. .Moigaii, lollls
I'. Huntington, llywscll sage. John W. Oatrell.
Itois'it oinrett..l'. .Morgan, ( .vrus W. n-ld,
II. ,l..levvetl.tliocllgmanH, .1.1) Cooke. Iletuy
Clews, Washington K. fninier. Edwnid s.
siokes, s. . f.i William It. Traver. llutus
lliileli, Snm San and others who hive been
prominent flfuirs in Iho stnet dining the
pasl I hilly ars,
loi'soinelme utter oould inni" to New
Soil, lulliy he lioinded at ilie Kveielt House.
It was twin Hint he met the cidi r James
(onion lnnell, whom ttinse d.ivs was one
of iioilli closest Irlcn.ls.
f (Inhhllnr I'p Ihe llrle.
'Iho at st Rrcat Hchemo tn whhh oould be.
eamu iltcrested niter he enliied W nil street
was ii gobbling nt the Erin 1t.illr.iad. 'Ihe
stornt this tent and the gold eonspltnc),
vvhllli culminated In the fatuous lll.uk I'lhln)
prylc, are the blackest pnges lu the record of
(gild's career.
Vhen the gieat "pcculntor Hist wont Into
m strict Erie was ono of the active stocks.
in liegnn by dabbling lull, and tlnallj, by
"iciivy piirch.ises. peeam a director, and was
Ms eotit rolling spirit In !Rrt7. His acquaint-
I mice with Jnni"S l'lk, tr., Kg.in scvnal
cars previous, nnd th two, working to
gether, made one ot the Mrongc-.t tuml
whli h Wall street has ever known.
siCiTA
mrs. r.ro. ooci.n. I
Chailes Francis Adam, lu writing of the
Erie eplsodj several years attervvat do, charges
oould with having nithlessly plunlered Erie,
and alludes In the ivvnincn ns pair (it free
booters, who made every ono they met stand
nnd rtelli tr.
risk was the son of a 1 crmonl peddler, who
hud mnde his money In gambling lu Wall
street. lie was a bold and Mustering fellow.
whn loved notoriety, and wns Just theoppn-
! olio of oould, w ho was timid and shrinking.
-&&$
i -" ,iiiii!i!i!i'''
kisnnox (inn. n.
In appearance Flsk: wns loud, coarse and '
seiiaiial and fond ot dlnplny. lie used to drive
about town lu a coach and six horses with
the most notorious women of the day, and
sci mid to glory In his open misconduct. He
was uneducated, but made up Ids lack of
knowledge bv bravado and cheek.
lu those nays Flsk was the more prominent
oi Ihe two, publicly, but lie was really (inly
seciind llddle to Oould, who knew hnvv tn Uso
hlin for nil he was worlh, mid who pulled Ihe
vvlies while Klsk blew the horn. I
When Flsk and Oould went Into Erie, Dan-'
lei Drew wns tho contiolllng spirit. He
worked a gumo on llio public, which Oould.
allerwnids played on him with the greatest
-iicccss, and lepentedli In the cum- of New
Jersey ( entra I. This trick of Dievv's was
niii'iirenlly tn let himself gel cnriieuii in
; l.ili". lie then appealed 111 the street with
all Immense block of stock which had been
xinii itfd Irom Hi" bur.il- of the fomp.ui)
under nu obscure uoil-lo:i n the charier
and l'i .!.) the market, naplm; nil the piMs
mid i iiliilng liuiidieds or Hnnll spi'i ul.it m-.
.1 nliilrrhlll Xiiirri'd lor 7,lll)",ll!IO.
'Ihe Erie deal in tglnutrd In a war li'i.veea
Drew and fnminiHloie Yaiideiblll. 'Ihclilti :
had obtained control of Ihe llurlem a'nl Hud- j
son Idler lonus In nddlllon to the Alliihyj
Uuenrsleiimbonls. and vvnuted to gi i hold uf
Erl". lie biiight nt ever) oppoiiunliy. Dnw,
I Isk and (Land laid plans lo detent him,
oould engineering the scheme.
Securities were Issued h) the bushel, and
then vandirbllt lesntied lo lltlg.iilin. lu
Junctlniis wero obtained tn prevent Drew
from I, suing (Hk. ( ni'ili'i'liiluiiclliins ,vcie
oblulned. and Jildses.ill nvei the Mate wire
anpcnlcd to bv both spies. H was a time
when corruption of the rankest kind wasille,
niiddevelopdl such men as llaii.anl'aiid far-'
dnn, who were .ilterwauls impe.uhed Inr
their connei tlmi with ihe .. ftalr. '
I lii.il!) un Issue in .in Hlin shaici, i.r l.rle
wiisuuth'Ulut. Ihl-'etil-ii i.iiiderbllt.niid
he rented llulil the I'rlll vv II h a loss ii t i ,.
01)11,0011. V,ili.iuls ,vei" l-siied nr Hi" in'.
mm n Drew, I isk, niilil and I he other dlrei.
tins nt l.rle. inn liny escaped i tin lag t ,
.lei .e, ill,, With ll.c MC'iililos In tlii'ii
poi knts. l t sjl.l thai 4U,uOil.ilUU went Ca.
lied over the n ii) iu uieeoiuh,
Erin was tncii liiinriiiuled In Ni w Jcim),
and New v) h (.Islilni's wii" brio d lo
liR.UIe Ihe aevv ts-ue ct .Hi.iiliu shales nt
stm'k. Peter II. sweeti"), as iiiuverot die,
got 41.10,0110 as his fee h) order of Judge'
llara.ird. It Is said that Oould went tn.U-,
bail)' with ?.1n0, nun In his pocket for Use In
ttinli Ijliy.
He wasari'sted and brought lo New Icik,
and vveut back under Ihe charge ul a depiil) 1
sheriff, whn let hlui in ape. It camo out
alterwaids that William M. Tweed recitvisl a !
fee of tll.l.uou lor legal services forthcErlel
toad while lu was a st.uo senator. i
i'lieicsiili ot this liattlo wus that Diew
look his piollls uwl withdrew truuithe man-'
.igemi i'. and iiinild .v d I l-k ami In. Ihis'
dru
was In 1HH8. iiinild wns first President m
that je.ir and conllnued at the head of the
Coin any until 187!.'. Everyb ily supposed
that Krl" was squeced dry at that time, hut
(IfiuliI mill his irlcnds saw soinethlng lu It.
The Inn that between 180H unit 1K7!., Ihu
period ot the (iould administration, the debt
of the railroad Incensed imm ti!4,00U,wi
to 411.1,000,000 shows what they got out1
nl It.
llrevr ('might tn Ills (Inn .Net.
Drew speculated In File after Oould got In,
nnd beloro he knew It he was cornered In
eirnest. When he found tint he was In dan
ger of being ruined ho went to Could and
pleaded with him to help him out. (iould
was merciless, however, nnd compelled his:
old ally to pay over l..ino,oon, which nenrly
bankrupted him, and tho old man never re-1
covered trom the blow.
I Could was ousted Irom Erie lu 1871) by a I
I combination of the English stockholders, who
had been badly nipped alter thpy hnd been
decoyed Into Investing tn the stork. There
was an exciting seeim at the Ornnd Opera. I
House, whi-io the Erie ofllecis were, on tho
night of the annual meeting In 187:1. Oould'
and his party hud control, ar.il had locked'
themselves In behind barricaded doors. Tho
evolutionists burst In, the police were called ,
nut and there was the biggest row ever sieu i
lu the history of railroad electioneering. Tho i
lesultvvns that Oen. Dlx was elect edl't esl-1
dcnl and Could was fired out.
Flsk had been shot by Stokes previous In
this, In 1871, but nut before helud quarrelled
with (iould, whom ho accused of sharp prac
tices upon himself. Oould piovlded gener
ously for Flsk's widow, however, and nothing
more was heard of theinutter.
After the (iould party went out of Erie, Ihe
company was found to bo very far over the
verge of bankruptcy, and lor )oars nftir
wards It was In the hands of a receiver. Manv
new companies had been funned, the stock of
which hud gone Into Onuld's pocket, and he is
said to have made li:,000,O0O clear out of
the wreck.
Alter a long lltlgatlm he was forced tn
make lcstltutlon, hut this did nol amount to
au thing, us tho secuillles which ho turned
over tn the Company were found by the re
ctlver to It" practically worthless. It Is said
that Oould speculates! and made a lot ot
money on this pretended restitution by circu
lating teports which enabled hlin to Indulge
In one of his tavnrllo pa-tlmcs, Unit or "I.
jlngthe market."
:Xfi
-;' '
" "o ,
Mi:.-, invvis ooiin.
All this tlinu (iould h.id po-ed as a cleat
public bciiefacmr. A not her one of the Wiz
ard's schemes wns the emnirlng ol North
western stoi k. lie I ild Ihe Congress! iii.il
(ommlitce, when a-l.ed nbnitl this, thai
when ho .iw the Mock at 7.1 and so he
thought It was cheap, sn ho bought some.
When it reached !Mtl he said ho was Induced
top.irt with some of It. This venture ruined
his own partner, II. N. Smith, who In revenge
gave sniii.' ver) Interesting Informal Inn tn
111" isimtnltteet, which subsequently Invcstl
gated Mr. Oould'.s uftalr.
'Ihe (tie.il Cold fini-i.il ue.
'I he gold ciuis' ir.ic) of lsnii was nu,-of the
Hi".! iemail.iibie ,'pi.n lesot I,, t-l I s i a:ee, tli
Wall t'l '. Il was en,.'ieer"d b) Ihe nihil
ol s.ihi'11. i.iiiild A Mill I In. of winch I, mild wns
a llll'lllb'l. liuUld vvenl allnllt tills - le'llie
njieii v, ami was cr-lsici:' Ii .idvuaitng a
m 'V en cut to.nl.riiiec ill" pilie "I U' Id
II- nivued thai It wmld !-. iili.il l uellt '
In III'' till lll.'l ai.il In the lllllicss .li'ercslsiif
iheciiimliv. lllssi'hcnie vvastnget I hei, runt
administration m bad. Iimiini in ildsview.
i! sv ii Until tin assist a tin- 'I lie lulled'
siatesTicasiii) Ii knew It would be Useless
in attempt ni.y lOhslJerubiu huh inovmient
lu gold.
In nnlcr in get Hi.- onvernnu'tit Into iho
deal he Interested A. II. CorWn, a biothei-lii-law
of I'lcsldcnt o rant, in the s. heme. Ills
said that Could bought and carried 1,400,000
lu gold lorcorbln audolhcis whom he desired
louselncoiinecilon with the carry lng out of
his si heme. Ilultcrworthat that time was
the United Mates Asslsiam Treasurer at New
ork.
During the Summer of l son President Oram
eanic to New 1 or;., and oould and Flsk enter, i
tallied lil.ii mid ins pait) ai a siimp'.uoujj
Imtniuct on one of the Sound steaners. It
was at this banquet that Oould first got at '
thoear of Orant, and he tried hard to pump
the President as to his financial policy. Oould
wanted lo put gold up to 11.1. He had bought
tho big load he was currying at about 1110.
Orant finally seemed to bo Impressed with
Oould'.s th"oryntid wrote u tetter to liout
well, the Secret u ryot tho Treasury, express
ing Ihe view Hint It was not a wise thing to
frree down th" price of gold. Oould hud ill
icitly purchased millions of gold nnd Iho
price hud not advanced gir.it ly. A pool was
tormod tu liny more.
Oould organized this, and was assisted In
his plans by the fiut that ho owned tho
Tenth National Hank. In one day It over
certified nnul.rs checks to Ihe amount ot
7l00,nito. Ho had flftj or sixty brokers
till) lng for him In the gold-room.
It took a purihaseot a.lo.OOO.ooo tn raise
the market trom 111.1 to 140. Then Flsk and
several other friends ot Oould camo Into tho
scheme and assisted him by buying gold.
Karlj In September or listiri It began to look
ns though thn scheme wus about to succeed.
Everyday witnessed aareuonf wild excite
ment lu the market, and tho prlio ot gold was
bttadlly.iidv anclug.
Hnuld "cenlrd llnnsrr nnd tVcnprd llnln.
'I ho only danger was that the Treasury
might unloid Its gold and Dieak the market
before tho ronspliatorn could rcallo their
protlts and get out. A letter vras sent to
(Hunt by n messenger. Tho President was
then travelling In thu West. Tho President
gave an ortl answer to the messenger alter
glancing at the letter, which, when reported
to Could, was Interpreted as favorable to his
request. Tho nexi day Corbln received a
letter from Mrs. Orant, who knew that ho was
heavily Interested In the gold speculation,
telling hint to get oui of Wall street assoou
as possible.
hen Oould heard ot this ho was filled with
consternation. A rouucll of war ,as held,
and It was resolved that on the next day, j
Tlimsda), nglgunllccfToM snould bomado tu
boost the market higher nnd unload. j
Accordingly all Ihe Oould brokers wero sup-'
piled with hcav) nrd'i's, and tho excitement
began. Ever) body went scrambling for gold,
(iould, however, who appieel.itcd the fact
fiat the game was up, was quietly telling
while all his associates were hujlng.
T he next day, tllack Friday, camo the panic
memorable lu the annals of Wall street. The
must Intense excltcmeni pievnlled at Ihe
stock Exehauge, and the prlco of gold was
run ttpln m.i. suddenly the announcement
came that tho Tieasury was selling freely,
mid within a shoit tlmo the bottom dropped
completely nut of tho market.
Th'1 pamc irlekcti crowd wis as anxious
Instil ns it had Jusi before beeuto buy, and
scenes of thn wildest oiinlu-loii ensued. When
It was learned that Oould had gone back nu
Ids frleiids and sold them nut the most bitter
linlls'uatl'in was lep, and it would have gone
hard with hlin If th" iiugiy mob had been
able to la) lis nii.ds up. n him. Ilo knew
enough tn keep nut of thu wn) until the first
i uiliiKUii had passed away mid he was hoi
.-ee:i In the -.iris't lor a long time .worn ant.
I s bellevi.l thai Could came nearer tn
being ruined In this deal than at any time In
his life liefori' or afterwards. He only saved
himself bv sacrlllclng his associates.
M recUlna l he Union I'oclllc.
After being ousted from thu Erie manage.
I ini'iit. could went Into Union l'acltlc In 1873
' ami wus tor ten )carslls master. One of Ids
Itrst acts was to Increase the capital stock to
'.'OO.Ooil shares. Ho followed out a plau
similar tolhal ivhhh he had adopted In his
management of the Erie road.
lu ts7 7 he began iho establishment ot
branch lines, and his scheme resulted eventu
ally lu the loci casing the stuck from :;s, ooo,
HOP to v.io.tioo.noo, ihf tntulcd Indebtedness
mm ss,s, no '.ooo to sl'.'il.iiOO.O.in, mid the
uilni- tndcbtc'lt.iss ficin I.U'JiMUMj titlO,-
t'llll.tllUI.
c.iillii's emu, ei inn with lie) Union I'd' Itic
ic.tsed In Iss'i. ah uiiliui was lit ought bv
Ihe I mini state. (,o.eililin lit ngutr.si the
i, mid dtrii tors mi inUappropilatliig the ,e
seis ol tin- f oiiipaii.v, but no s,ii!-t.ict!un was
obldlnisl. The nutter was ids Iniostlgivtul
by a (Vngve-.-toiiil committee, nnd th'1 lepm
M'Vi r.-ly loniictiiueiltlie un thrdsof OuiiMand
his aso tales.
Oi uld i nie Into pawer again in I nl:i i'a
illlc In the Fall oMsiiO, when l harles l'rant
i Is Adams retlgne.l (lie Prcsldcuo ot the com
pan) and Sidney Dillon was ihoscu as his
successor.
As a result of the Investigation or 1888, tin
ri'iurlor Ojv, I'attlson was particularly se
veru on tho oould management. It stated
that dividends had been paid lo stockholders
without consideration; that n, 000,000 had
been sunk tu the Denver and l'acltlc road, and
that 410,000.000 uioru had bocu paid lo
(('oniiiiiied on i run J s.u;e. (
t
EXTRA, i
2 O'CLOCK. J
BURNED LIKE PITCH. I
. I
Ono Life Lost in Brooklyn's Early
Morning Fire. 'U
y
m
A Tramp's Pipo Supposed to Have .
Started the Blazo. f
1
1'unlc. Stricken Tennnts Jumped for .Wi
Their Iivei. 'W
fs
I
A spark from an amp's pipe Is believed to g
have started the nro lu tho tenement at 310 $.
Flushing avenue, urooklyn, which resulted ffl
early this morning In tin death or one per -1$
son and the Injury of four othei s. $
The tramp, whose namo Is Michael Mona- Jc
ghan, wasnrrested.
Following Is a list of the dead and Injured:
The lien,!. .
Mint Art. Dovi.b, used forty, collector tor
Johnson Urothers lumber yard, killed by '
Jumping. , .
Tltr lijiirrit. z'
Wii.lhe Doti.e, aged four, overcome by T$i
smoke ; at Eastern District Hospital. :.
Felix Mt'iirnv, aged thirty. rive, 'long .gjM
shoreman, jumped trom second floor and IS
slightly hurl ; at liomo.'opathic llospltah -'JU
ansik .ML'ui'iiv, aged eicvon, ovcrcomo by .sjB
stnoko; at llommopiilhlc HoittaL ;
Wi. tliiiXK.s. a cripple, hands burned; at '
Homeopathic Hospital. iJM
Mns. c kim r.s, slightly burned ; at llomoso -wt
paihlc Hospital. :!
Thu tiro vv us discovered at 1.1,1 o'clock this -s9
inoruiog by Policeman Thompson, ot the tjH
Mushing avenue siattnn. . sH
Ho saw the nmuko nnd names Just as toe ,
lire was starling, but letore ihe emrlnes ar.
rived the whole Ltiildlng was burning. "Ji9
Tno btilhnng was an old Irame structure '
and made as irood fuel tor tho flames as pitch ,'
pine for a bonllre. &t
From tho cellar tho blaro Jumped through Afi
tho three stories to iho garret onore Tnomo- V
son could alarm tho truants, nod when tber s-fll
.did awake it was to find tho stairways iiSI
'rilled with smoku and all means of escape M
cut on". .s-fli
Tho third floor was occupied by Michael -',91
Dojle. his wife and eight children. They did ixfl
not bear thn cries from tho street until the 3H
lira had very nearly reached bis room. .Ifli
Doytu burst open tho door to tho stairway, 'Mil
but was driven back by sraoko ana Urn ana M
rushed to a window. sfll
iionhrow sbcdlo the street pavement, and 9H
calling lu thu:u below him, dropped his 'Hi
I youngest child, a baby, to tno ground. ?BPI
.Mean time Mrs. Iioylo had. climbed oat ot uW
' another window and wts hanging trom It sS
Jusi about ready tu tall when tho nremen jfl
arrived. JdH
They ran up a ladder and took her away, f)9i
and also saved tbo seveti children who were M
hudilled about their father at the window. )U
When nil were dawn but Doyle, tue names ,H
gave n sudden leap and he (bought he could -.-91
UJt wall togouown tbo ladder., i9l
'1 ho io cmen called on htm to do so. but he -i'B
jumped. A lew hours afterwards he died 'j'.'mk
inuu llielujurlesriceliru. rt'H
'Ihu lauulvuf Felix .Murray, ir ho lived on tfMl
Ihu tecond floor, cousljled o( Murray, his -4w
who and four children. . iatU
They all jumped from the second story to , lifl
thopavimeui. None ot them was seriously h'jU
Injured. . IfrU
notli William Crimes and his wife, who '9
lived on the llrst floor with their three cbll- km
(lien, are cripples, and when Ibey heard tho liiiB
ulanii ol lire they could nol escape. sH
They wcr taken out by neighbors. ,VsM
U naglian, who Is believed to tiavo started i'jM
tlio lire, wasnrrested by policeman rhomp- ??.M
sou and held for a hearing. d
He Is about seventy years old, and formerly
kepi u Junk-shop lu (he neighborhood. ''
lie hud gone lntu (be cellar to sleep during '3U
tho nliiht, and says that about 1 o clock he l
took h smoke. fll
He Insl-ts, however, that be did not start ,aH
tbo lire. It la believed tn.it he accidentally fl
threw the match with which he lighted his -SMI
pipe among Nome excelsior. 4l
GOV. FLOWER INDICTED. 9
This Report Circulated In Lonr V-U
Island City To.Day. '('-I
l.OS'll ISIAMI CITT. N. Y., Dec. S. 9
It was announced this morning that '&
the (irand .Jury had round true -
bills njalust Oov. Flower, his sister, jH
Mis. Mhlcy and thu almlnlsirators or both ifH
tho Futon Cillese and llspelye estates for iH
maintaining nuisances detrimental to th A
public health. ii9fl
ASSAULT ON THE STEAMER DREW S
'il
i Watchman Arrested for an Offenas) ijU
Agumst a Femalo Passenger. $31
Ir.V A..0CU7ED riEis.i i"S
Ai.msv , Dec. s.-Charles Llebstraubcnlght sRl
watchman of the I'eoplo's line steamer Drew, igfim
has been arrested for committing au assault Jy
upon a young Herman girl named Augusta S
' Kohn, tu a room on iho bout on her trip from 'wS9
New York to this city Wednesday nighU fAlM
Thu girl iccently arrived In this city front Mill
Oermany, and was coming to visit her sister vraSl
here. Llcbstraubo threatened to kill the girl tiDsl
If she made any outcry or Informed any one sSjl
, on the boat ot vv hat had cccjrrcd. "3fJ!
cant, ltee, of the Drew, which got Into her 'twrl
1 dock la Now Ycrk at 8 o'clock this morning, 'Jfc!j
salJ to an Ev ksisii Woklu lenorleri &
l.lebsttaubc bad-been nlghmvatchmantfor ifejj
three moiiihs. lie Is about inent).nve years KjsJ
o.d. and seeuitiJ to l a tellable man. ;
The assault occurred at midnight, but no.
, isniv learned cf It until the loat gat to Al- ,M
inn'), when the girl luld her sister who camo S.M
ab wid in greet her. ...... . " im
- i nntlird that Augusta sobbed when sho -y&m
cmti.ieed he.' sister, but al tin time I MM
i iinui,hi thai tier tiais were (auied byjoyat !
tl'ilU"w.'li'il;i.vay tcgether, but latrrlntbe kM
diy nie sister leturnui an I tuiormcd Finn j-SB
j.ate Murphvo: vv hill had occtii red. &
I his Is the llrsl t t.io such a thing has iiiM
nccuried on board of any cf thu peoples line Mill
boats In mv e.; erleuce or tvventy-tive years 5J
' asiaptaln.' '
SUICIDE OF A STUDENT.
A nol'evuo Modlcal Pupil Takas "ffi
Poison In His Hooni. ?$
j. Hose saukler. tweuty-ovo years or age
and a student ot medicine, committed suicide vfm
in ills apartments at the Uellevue Hospital uMi
C'oll"ge this morning by taking poison. SC)
His body was removed to the Morgue aad jBj
the Coroner's ofilce notified. K
VV hen In .ot of . gowd lluimnl, buy tl. tlia d9
Oil, hli li vv.ti uul Jlint., '." jl
J