Jay Gould
Jay Gould
Jay Gould was an American railroad magnate and financial speculator who founded the Gould business dynasty. He is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him one of the wealthiest men of the late 19th century. Gould was an unpopular figure during his life and remains controversial.
"During the war of the rebellion Goulds firm did a large business in railway securities, and also made a great deal of money speculating in gold. Gould had private sources of information in the field, and he was able to turn almost every success or defeat of the Union army to profitable account."
"One of the most important factors in his execution of a deal was concealing from others even the intimation of what he was going to do. In these accomplishments he never professed a regard for truthfulness. He was quite indifferent to the moral question of misleading people."
"My idea is, that if capital and labor are left alone they will mutually regulate each other. People who think they can regulate all mankind and get wrong ideas which they believe to be panaceas for every ill cause much trouble to both employers and employees by their interference."
"One of the most sinister figures that ever flitted, bat-like, across the vision of the American people"
"I judge property myself by its net earning power; that is the only rule I have been able to get.… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph."
"He was never a stock gambler. He had no more to do with Black Friday than you had."
"The ultimate result will be to annihilate the Indians & open up the Big Horn & Black Hills to development & settlement & in this way greatly benefit us."
"Gould, with his seventy millions, was one of the colossal failures of our time. He was a purely selfish man. His greed consumed his charity. He was like death and hell - gathering in all, giving back nothing. To build up an immense fortune for ones self by fraud is a disgrace to the age, a mockery to virtue, a menace to public welfare. The love of money was the root of all evil in him. The motive that softens the footsteps of the burglar, that nerves the arm of the highwayman, was the same that prompted Gould to break his neighbor up to build himself up."
"I never notice what is said about me. I am credited with things I have never done, and abused for them. It would be idle to attempt to contradict newspaper talk and street rumors."
"It was the custom when men received nominations to come to me for contributions, and I made them and considered them good paying investments for the company. In a Republican district I was a strong Republican; in a Democratic district I was Democratic, and in doubtful districts I was doubtful. In politics I was an Erie Railroad man all the time."
"Corporations are going, we are told, to destroy the country. But what would this country be but for corporations? Who have developed it? Corporations. Who transact the most marvelous business the world has ever seen? Corporations."
"I sometimes think I should like to give up business entirely. The care and worriment attending large business interests are very great, but besides that fact the manner in which motives are impugned and characters assailed is most unpleasant"
