Wednesday, February 5, 2014

Jason "Jay" Gould

Jason “Jay” Gould Jason “Jay” Gould, the son of John Burr Gould and Mary More Gould, was graphic on May 27, 1836 on a dairy dress up in Roxbury, bran-new York. He studied at the Hobart Academy, merely left at the of age 16 to work for his begetter in the hardware. He still continued his own private study, mostly on surveying and mathematics. Gould later went to work in the lumber and tanning business in westbound rude(a) York and wherefore with banking in Stroudsburg, Pennsylvania. He married Helen Day milling weapon in 1863 and had six children. During the same time Jay Gould and James Fisk became mingled with Tammany Hall, a democratic political party in New York. They make Boss present cloth a director of the Erie Railroad, and duster, in return, arranged for them to have power in the legislation. In October 1871, when Tweed was held on $8 million bail, Gould was the chief bondsman. In snide 1869, Gould and Fis k began to buy property in an attempt to gain or so control of the market then, hoping that the increase in the price of grand would increase the price of such things as wheat that western farmers would sell, causing a neat amount of shipping of breads eastward, and adjustment magnitude freight business for the Erie railroad that he was complicated in. During this time, Gould utilize contacts with President Ulysses S. Grants brother-in-law, Abel Corbin, to try to influence the president and his secretaire public named Horace Porter. These speculations in gold culminated in the panic of dark-skinned Friday, (one of the biggest air scandals of all time) on September 24, 1869, when the premium everywhere face value on a gold uncivilised from 62% to 35% a heavy drop.Gould made a great profit from this operation, but lost it in the ulterior lawsuits. The encounter also cost him his reputation. After being labored come to the fore of the Erie Railroad, G ould started to build up a organization of r! ailroads in the middle west by gaining control of quadruple western railroads, including the Union peace-loving and the Missouri...If you want to get a full essay, order it on our website: OrderEssay.net

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