Gould, Jay

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Gould, Jay,

1836–92, American speculator, b. Delaware co., N.Y. A country-store clerk and surveyor's assistant, he rose to control half the railroad mileage in the Southwest, New York City's elevated railroads, and the Western Union Telegraph Company. With savings of $5,000 at 21 he became a speculator, particularly in small railroads. After some years he became a director of the Erie RRErie Railroad,
rail transportation line designed to connect the mouth of the Hudson River with the Great Lakes region. The New York and Erie RR Company was enfranchised and incorporated in 1832, and construction was begun in 1835 near Deposit, N.Y.
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. Aided by James FiskFisk, James,
1834–72, American financial speculator, b. Pownal, Vt. In his youth he worked for a circus and as a wagon peddler of merchandise. During the Civil War he became wealthy purchasing cotton in occupied areas of the South for Northern firms and selling Confederate
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 and Daniel DrewDrew, Daniel,
1797–1879, American railroad speculator, b. Carmel, N.Y. He became a cattle dealer in early life and by 1834 was successful enough to engage in the steamboat business on the Hudson, which he developed rapidly. In 1844, Drew entered Wall St.
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, he defeated Cornelius VanderbiltVanderbilt, Cornelius,
1794–1877, American railroad magnate, b. Staten Island, N.Y. As a boy he ferried freight and passengers from Staten Island to Manhattan, and he soon gained control of most of the ferry lines and other short lines in the vicinity of New York City.
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 for control of this road and manipulated its stocks in his own interest and that of his group, including "Boss" TweedTweed, William Marcy,
1823–78, American politician and Tammany leader, b. New York City. A bookkeeper, he became (1848) a volunteer fireman and as a result acquired influence in his ward. He was an alderman (1852–53) and sat (1853–55) in Congress.
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. The Gould-Fisk scheme to corner gold in 1869 caused the Black FridayBlack Friday,
Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal officials of the Grant administration in a drive to corner the gold market.
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 panic. Public protest forced the Gould group out of the Erie, ending with Gould's expulsion in 1872. He then bought into the Union Pacific and other western roads. He gained control of four lines that made up the Gould system. For years his name was a symbol of autocratic business practice, and he was widely disliked. After his death his estate and interests were managed by his son, George Jay GouldGould, George Jay
, 1864–1923, U.S. railroad owner, b. New York City; son of Jay Gould. He was associated with his father, inherited all the holdings on Jay Gould's death, and adopted daring policies. To compete with E. H. Harriman he bought the Denver & Rio Grande RR.
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See biographies by M. Klein (1986) and E. J. Renahan, Jr. (2005); C. F. and H. Adams, Chapters of Erie (1871); R. O'Connor, Gould's Millions (1962); E. P. Hoyt, Jr., Goulds (1969).

Gould, (Jason) Jay

(1836–92) financier; born in Roxbury, N.Y. A surveyor by training, he wrote History of Delaware County, and Border Wars of New York (1856). He became a tanner and leather dealer in New York (1857–60) and began speculating in small railways on the stock market. He, along with associates James Fisk and Daniel Drew, fought and beat Cornelius Vanderbilt for control of the Erie Railroad (1867–68). Having used bribery to gain control, Gould and his partners did not hesitate to loot the railroad's treasury by stock manipulation. His attempt to corner the gold market caused the Black Friday panic (September 24, 1869). Ejected from his Erie Railroad post in 1872, he gained control of several western railroads and extracted a $10 million profit by threatening the Union Pacific. He also owned the New York World (1879–83) and most of New York City's elevated railroads, and controlled Western Union Telegraph Company. The epitome of the "robber baron," he died "unlamented" but worth over $100 million.
References in periodicals archive ?
Among the many highlights of the evening, the first time ever pairing of Barbra and her son Jason Gould singing Irving Berlin's "How Deep Is The Ocean," had the audience in awe.
Jason Gould talks about writing and directing films, preserving his integrity, and coming out to his parents, Elliot Gould and Barbra Streisand
Our experience with CarSoup has been excellent," said Jason Gould, President of Inergize Digital Media, a firm that provides interactive web sites to 42 local television stations, the majority of which have deployed CarSoup in their local markets.
The legendary singer is joined by Chris Botti, Il Volo, and son Jason Gould for two hours of hits, including nine songs she has never performed on a concert stage.
Supreme Court decisions to local criminal trials," said Jason Gould, general manager of Clear Channel Television Interactive.
provides a turnkey way to accomplish that," said Jason Gould, Regional Vice President and General Manager for Clear Channel Television Interactive.
com, or Jason Gould of The Washington Redskins, 703-478-8900, ext.
The benefits of our partnership with Ztango fit perfectly into our objective to deliver the maximum NFL experience," said Jason Gould, Director of redskins.
Terry Nicholls Like the looks of this Jason Gould Beer beer beer beer beer beeeeeeer Dan Taylor
Daniel is survived by Betsy (Grocke) Britt and his beloved daughter, Alina Colette Britt; 7 siblings: Janet (Britt) and her husband Tom Pennock, Jean (Britt) and her husband Pete Lancellotti, Thomas Britt, Sharon Britt, Tammy (Britt) and her husband Jason Gould, James Britt, Jr.
The musical pairings on "Partners" include, Andrea Bocelli, Michael Buble, Babyface, Jason Gould, Josh Groban, Billy Joel, John Legend, John Mayer, Lionel Richie, Blake Shelton, Stevie Wonder and a breathtaking virtual duet with the King of rock 'n' roll, Elvis Presley.
Jason Gould of Percipient Capital said: We are delighted to have made an investment into DFx Technology in order to help the business expand further.