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Show JAY GOULD. Tho eastern journals of lala have been full of the story of J Ay Gould's financial ruin. Some of the newspapers, news-papers, claiming inside knowledge of his amirs, assert with a degree of confidence that is reckless if iho facts do not boar them out, that Mr. Gould is a good deal wurso off, eo fir as money is coucarned, tkan the common com-mon puiper; and they predict that the time ia oloao at hand when the crash will conic and tho great stock manipulator of tho age wilt fall, a crushed aud mangled Gnancial corpse. Iu speculative parlance, it is not safe to tako Block iu these stories. .Jay Gould is not tho kind of a maa.wno brings ruin upon himself. He is not & Jim Fiik, nor au Uncle Dan'l Drew, nor a Jay Cooke. He is iu every sense original a mind and a man and a genius to himself. He is bolder aid moro daring than the boldest, but ho has more caution than all. Mo ouo ever knew of Goull doing a reckless reck-less thing in money transaction. While other world-tamed speculators aud financiers fell aud wero slaughtered slaugh-tered ou all sides of him he stood almost al-most alone, a conspicuous moaument to himself and to his own singular aud peculiar aud mysterious genius. Wo may not admire bis ways nor commend his business moral?, but his success must be admitted and his ahilily acknowledged. He ha3 lived in a speculative and kite-flying era, and for a decade has been ibe central cen-tral figure of tho period, but wt en wo come to look over his ventures we fail to find among them anything that ia strictly epecitlativt ; all his moves art- ciiarac'.erizd by the correct cor-rect business principles by which they are governed ar.d conducted. It is true he has sometimes gone against accepted rules cf finance, Hiid in opposition op-position to the iheorit's of others skilled in Bucb matters, but li's sue ceses have shown that he iv.is right an 1 others Krone. This originality origi-nality of his has shown iiseif more prominently during the past few years, and especially 6in: tie pinic of 1S73. With pretty near'y :i stocks in the marke: he his been a "bear" and constantly sell "short." Others would not believe it, bjt he knew the tendency of prices was downward. Taia "bearing" propensity of his, it is muafirU-d, his led to In- ruin. It is' eaid that he has pr.iu'.i'jL-J it tco lougl and waa not sharp enough to see that a change had at in all over the country, buoyancy and prosperity takiagthe p'aco of diprts-ion. He ia aiJ to havo lint mite a rniscil-1 cili'ion on a mo in g'd, which he undertook tu luroi agkioiH specie resumption. re-sumption. Me a I j.j figured wrongly on uih fU of a-o;'ci, Wiiich have in t'.i'nA h ;en strengthened b; tho feel .in,; cf cjnlilimce evrywh-iro maul j ft'-'.L-d, aud the jueral seeking of in-t in-t '.Va'.iriunt by capital that ha boeu lyin iJle (rum fo ir. It is barely poa' 6h'.u ttut Giuld haa ovorreacbed himself, and is b'jing slaughtered by those ho bus ao uniformly equeez-jd in times paat, but the character ol the man, and his manuer ol doing things inclino us rather to believe he ia at the bottom of all theses sensational btories about his ruin, which he has caused to be put forth to assist him in some secret and gigantic operation he has in hand. But whether or not there is truth in the reports, it is safe to say they aro exaggerated. Jay Gould is not crushed, nor ia he the man to bo crushed. If he had tho reckless audacity of his former brilliant partner, Jim 1ms k, or if he had ever shown himself to be a sensational speculator, there would he some ground for a belief that ho had met the fate of many stock-dealers who havo gone by tho board; hut nothing but brains and cool, calculating calcu-lating finance has appeared in anything any-thing Lhat ho has done. The man who could get up a "Black Friday," who could put the Erie railroad into bis pocket, who could control New York city politics, and make that great corporation contribute million8 (o his private purse, and yet never appear in politics, who could get hold of the Union Pacific railroad for a song, and at once make it worth millions, mil-lions, and eiercide more power and influence in American .financo and American politics than any other concern or combination in the country, coun-try, and who could make all promi-nont promi-nont stocks feel his icliuence, and contribute to hia individual benefit tho man who could do all this, as Jay Gould haa done, cannot bs crushed and slaughtered as easily aa some think ho has been. In Utah we have a personal interest in Jay Gould. It is true, he is aworn against and right heartily abused by many here, who see that he is making this territory one of his tributary colonies. It is easy enough to find fault with others, hut it is sometimes difficult to discover good cause for our compIaintB. While Gould is unquestionably un-questionably being well paid for all he does, he is doing much for Utah, and promises more, and we would seriously seri-ously regret any mishap in his aflairs that would result in h'u withdrawal from this teiritory. The failure of Gould at this time would, temporarily at least, check the progress of an important im-portant enterprise which is about to be undertaken, and in which we are all mere or less interested. The delay might only be briei, but there would be delay which no one would like to experience. |
