Fifty years in Wall Street · Henry Clews

CHAPTER LVIII.

Chapter 44 of 136 · 2 min read

JAY GOULD.

His Birth and Early Education.—Clerk in a Country 619 Store.—He Invents a Mouse Trap.—Becomes a Civil Engineer and Surveys Delaware County.—Writes a Book and Sells it.—Gets a Partnership in a Pennsylvania Tannery and soon Buys his Partner Out.—He comes to New York to Sell his Leather, falls in Love with a Leather Merchant’s Daughter and Marries her.—Settles in the Metropolis and begins to Deal in Railroads.—Buys a Bankrupt Road from his Father-in-law, Reorganizes it and Sells it at a Considerable Profit.—Henceforth he makes his Money Dealing in Railroads.—His Method of Buying, Reorganizing and Selling Out at a Large Profit.—How he Managed Erie in connection with Fisk and Drew.—His Operations on Black Friday.—Checkmated by Commodore Vanderbilt and obliged to Settle.—He makes Millions out of Wabash and Kansas & Texas.—His Venture in Union Pacific.—His Construction Companies.—Organization of American Union Telegraph, and his Method of Absorbing and Getting Control of Western Union.—The Strike of the Telegraphers and his Great Encounter with the Knights of Labor and Trades Unionist.—Gould’s First Yachting Expedition.—An exceedingly Humorous Story of his early Experience on the Water.—His Status as a Factor in Railroad Management

CHAPTER LIX.

MEN OF MARK.

Cyrus W. Field.—Russell Sage.—Addison Cammack.—The 659 Jerome Brothers.—Moses Taylor.—Chauncey M. Depew.—Austin Corbin.—Anthony J. Drexel.—John A. Stewart.—Hon. Levi P. Morton.—Philip D. Armour.—Stedman, the Poet.—Stephen V. White.—H. Victor Newcombe.—James M. Brown.—Former Giants of the Street.—Henry Keep.—Anthony W. Morse

CHAPTER LX.

James B. and John H. Clews 683

CHAPTER LXI.

A Remarkable Chapter of History 685

CHAPTER LXII.

Booms in Wall Street 700

CHAPTER LXIII.

A Glimpse into the Future 716

CHAPTER LXIV.

My Christmas Address to Customers, December 24, 1906 724

CHAPTER LXV.

Edward H. Harriman 726

CHAPTER LXVI.

The Ups and Downs of Wall Street 728

CHAPTER LXVII.

Recent Wall Street Booms 744

CHAPTER LXVIII.

Wall Street’s Wild Speculation, 1900-1904 755

CHAPTER LXIX.

Review of the Panic Year, 1903 771

CHAPTER LXX.

Leading Wall Street Events up to the Fall of 1907 774

CHAPTER LXXI.

The Great Crisis of 1907 790

CHAPTER LXXII.

The Causes of the Crisis of 1907 797

CHAPTER LXXIII.

RECENT MEN OF MARK.

Charles M. Schwab.—Daniel Gray Reid.—Thomas Fortune 801 Ryan.—John Warne Gates.—August Belmont.—William H. Moore.—Anthony Nicholas Brady.—Stuyvesant Fish

CHAPTER LXXIV.

Needed Publicity and Reform in Corporations 807

CHAPTER LXXV.

The Monetary Situation and its Remedies 822

CHAPTER LXXVI.

Individuality versus Socialism 836

CHAPTER LXXVII.

Great Wealth and Social Unrest 855

CHAPTER LXXVIII.

The Financial Situation 879

CHAPTER LXXIX.

Table showing Dates of Admission of the Members of the 913 New York Stock Exchange

CHAPTER LXXX.

England and Russia in our Great Civil War and the War 917 between Russia and Japan

CHAPTER LXXXI.

The Crisis of 1907 and its Causes. Was President 927 Roosevelt to Blame?

CHAPTER LXXXII.

Our Great American Panics from First to Last 943

CHAPTER LXXXIII.

Wall Street as It Really Is. A Vindication 955

CHAPTER LXXXIV.

The Financial and Trade Situation, Past, Present and 964 Future, Reviewing the Crisis of 1907, with Causes and Remedies

CHAPTER LXXXV.

American Social Conditions 1001

CHAPTER LXXXVI.

Financial and Trade Situation and Prospects 1014

CHAPTER LXXXVII.

Peace Assurances from Japan 1033

CHAPTER LXXXVIII.

The Emperor of Japan 1037