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Jay Gould

Jay Gould
Jay Gould - Bain News Service.jpg
Born Jason Gould
(1836-05-27)May 27, 1836
Roxbury, New York, U.S.
Died December 2, 1892(1892-12-02) (aged 56)
New York, New York, U.S.
Occupation Financier
Spouse(s) Helen Day Miller (1838–1889) (m. 1863–89)
Children
Parent(s) John Burr Gould (1792–1866)
Mary More (1798–1841)

Jason "Jay" Gould (May 27, 1836 – December 2, 1892) was a leading American railroad developer and speculator. He has been referred to as one of the ruthless robber barons of the Gilded Age, whose success at business made him one of the richest men of his era. He was hated and reviled, but some modern historians like Walter R. Borneman and Maury Klein, working from primary sources, have attempted to discount his negative portrayal.

Jason Gould was born in Roxbury, New York to Mary More (1798–1841) and John Burr Gould (1792–1866). His maternal grandfather, Alexander T. More, was a businessman, and his great-grandfather John More was a Scottish immigrant who founded the town of Moresville, New York. Jay Gould studied at local schools and the Hobart Academy in Hobart, Delaware County, New York.

As a young boy, Gould decided he wanted nothing to do with farming which was what his father did, and so his father dropped him off at a nearby school with 50 cents and a sack of clothes.

His principal was credited with getting him a job working as a bookkeeper for a blacksmith. A year later the blacksmith offered him half interest in the blacksmith shop, which he sold to his father during the early part of 1854. Gould devoted himself to private study, emphasizing surveying and mathematics. In 1854, Gould surveyed and created maps of the Ulster County, New York area. In 1856 he published History of Delaware County, and Border Wars of New York, which he had spent several years writing.

In 1856, Gould entered a partnership with Zadock Pratt to create a tanning business in Pennsylvania in what would become Gouldsboro. Eventually, he bought out Pratt, who retired. In 1856, Gould entered another partnership with Charles Mortimer Leupp, a son-in-law of Gideon Lee, and one of the leading leather merchants in the United States at the time. Leupp and Gould was a successful partnership until the Panic of 1857. Leupp lost all his money, while Gould took advantage of the opportunity of the depreciation of property value and bought up former partnership properties for himself.


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