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Jay Gould

Definition: Jay Gould

Jay Gould

Noun

1. United States financier who gained control of the Erie Canal and who caused a financial panic in 1869 when he attempted to corner the gold market (1836-1892).

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 


Synonym: Jay Gould

Synonym: Gould (n). (additional references)

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Specialty Definition: Jay Gould

(From Wikipedia, the free Encyclopedia)

Jay Gould (May 27, 1836 - December 2, 1892), American financier, was born in Roxbury, New York. He was brought up on his father's farm, studied at Hobart Academy, and though he left school in his sixteenth year, devoted himself assiduously thereafter to private study, chiefly of mathematics and surveying, at the same time keeping books for a blacksmith for his board.

Early career

For a short time he worked for his father in the hardware business; in 1852-in Ohio, and of Oakland county in Michigan,County, and A History of the Late Anti-Rent Difficulties in Delaware'' (Roxbury, 1856). He then engaged in the lumber and tanning business in western New York, and in banking at Stroudsburg, Pennsylvania.

The railroad business

In 1863, Gould married Helen Day Miller, and through her father, Daniel S. Miller, he was appointed manager of the Rensselaer & Saratoga railway. He bought up and reorganized the railroad when it was in a very bad condition. In the same way he bought and reorganized the Rutland & Washington railway, from which he ultimately realized a large profit. In 1859 he moved to New York City, where he became a broker in railway stocks. In July 1868, the Erie War, which Gould and James Fisk engaged in against Cornelius Vanderbilt over control of the Erie Railroad, ended with Gould and Fisk taking control of the railroad. Gould was elected president of the railroad later that year. Gould and Fisk plundered the railroad and manipulated stock prices. From 1868-1870, the company sold $5 million in fraudulent stock, leading to litigation that forced Gould out of the company in March 1872 and forced him to pay back about $7.5 million.

The Tweed Ring

It was during the same period that Gould and Fisk became involved with Tammany Hall; they made Boss Tweed a director of the Erie, and Tweed in turn arranged favourable legislation for them. Tweed and Gould became the subjects of political cartoons by Thomas Nast in 1869. In October 1871, when Tweed was held in $1 million bail, Gould was the chief bondsman.

Black Friday

In August 1869, Gould and Fisk began to buy gold in an attempt to corner the market, hoping that the increase in price of gold would increase the price of wheat such that western farmers would sell, causing a great amount of shipping of breadstuffs eastward, increasing freight business for the Erie railroad. During this time, Gould used contacts with President Ulysses S. Grant's brother-in-law, A. H. Corbin, to try to influence the president and his Secretary General Horace Porter. These speculations in gold culminated in the panic of Black Friday, on September 24, 1869, when the price of gold fell from 162 to 135.

Late career and death

After being forced out of the Erie Railroad, Gould gained control of the Union Pacific Railroad, withdrawing from it in 1883 after realizing a large profit. He built up what became known as the Gould System of railways by gaining control of a total of four western railroads, including the UP and the Missouri Pacific Railroad. In 1880 he was in virtual control of 10,000 miles of railway, about one-ninth of the railway mileage of the United States at that time.

Gould also obtained a controlling interest in the Western Union telegraph company, and after 1881 in the elevated railways in New York City, and was intimately connected with many of the largest railway financial operations in the United States from 1868-1888. He died of consumption and of mental strain on December 2, 1892 and was interred in the Woodlawn Cemetery in The Bronx, New York. His fortune was estimated at $72 million, all of which he left to his own family.

Reference

Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Jay Gould."

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Crosswords: Jay Gould

English words defined with "Jay Gould": Stephen Jay Gould. (references)

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Commercial Usage: Jay Gould

DomainTitle

Books

  • The Life and Legend of Jay Gould (reference)

  • Monopolies in America : Empire Builders and Their Enemies from Jay Gould to Bill Gates (reference)

  • The Scarlet Woman of Wall Street: Jay Gould, Jim Fisk, Cornelius Vanderbilt, the Erie Railway Wars, and the Birth of Wall Street (reference)

  • The Gold Ring: Jim Fisk, Jay Gould, and Black Friday, 1869. (reference)

  • The Scarlet Woman of Wall Street: Jay Gould, Jim Fisk, Cornelius Vanderbilt, and the Erie Railway Wars (reference)

    (more book examples)

Source: compiled by the editor from various references; see credits.

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Photo Album: Jay Gould

ThumbnailDescription & Credit

S.S. Jay Gould. Credit: Library of Congress.

Source: pictures compiled by the editor from various references; see picture credits.

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Expression: Jay Gould

Expression using "Jay Gould": Stephen Jay Gould. Additional references.

Source: compiled by the editor from various references; see credits.

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Frequency of Internet Keywords: Jay Gould

The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com.
 
ExpressionFrequency
per Day

stephen jay gould

56

jay gould

36
Source: compiled by the editor from various references; see credits.

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Anagrams: Jay Gould

Scrabble® Enable2K-Verified Anagrams

Words within the letters "a-d-g-j-l-o-u-y"

-3 letters: aloud, gaudy, glady, godly, joual, jugal, yauld.

-4 letters: agly, auld, dago, dogy, dual, duly, gaol, gaud, glad, goad, goal, gold, judo, juga, lady, laud, load, logy, loud, odyl, oldy, ugly, yald, yaud, yoga, yuga.

-5 letters: ado, ago, dag, dal, day, dog, dol, dug, duo, gad, gal, gay, goa, god, goy, gul, guy, jag.

Source: compiled by the editor from various references; see credits.

SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

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Alternative Orthography: Jay Gould


Hexadecimal (or equivalents, 770AD-1900s) (references)

4A 61 79      47 6F 75 6C 64

Leonardo da Vinci (1452-1519; backwards) (references)

    

Binary Code (1918-1938, probably earlier) (references)

01001010 01100001 01111001 00100000 01000111 01101111 01110101 01101100 01100100

HTML Code (1990) (references)

&#74 &#97 &#121 &#32 &#71 &#111 &#117 &#108 &#100

ISO 10646 (1991-1993) (references)

004A 0061 0079      0047 006F 0075 006C 0064

Encryption (beginner's substitution cypher): (references)

44679124181877870

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INDEX

1. Definition
2. Synonyms
3. Crosswords
4. Usage: Commercial 		5. Images: Photo Album
6. Expressions
7. Expressions: Internet
8. Anagrams 		9. Orthography
10. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

 

 

 

 

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woordeboek, fjalor, ‏معجم, ‏قاموس, diccionariu, речник, diccionari, diksyonario, diksinario, 字典, gérlyver, slovník, ordbog, woordenboek, shimiyuc p'anca, orðabók, orðbók, dictionnaire, wurdboek, wörterbuch, λεξικό, אוצר מילים, szótár, uqausiit tukingit, dizionario, 字引 , じい, じびき, じて", ディクショナリー , じり", じしょ, '"かい, ディクショナリ , 사 , dizionari, recnik, fockleyr, dikshonario, słownik, dicionário, dicţionar, dicziunari, словарь, lolomi fefiloi, foclair, abardair, faclair, briathrachan, pukuntau, leksikon, rečnik, vocabbulariu, diccionario, sí-chazamagâma, ordbok, lexikon, พจนานุกรม, sözlük, ansiklopedik sözlük, словник, довідник, có tính chất sách vở, geirlyfr, geiriadur, for dictionary;
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vertaling, transferim, transmetim, ‏ترجمة من لغة أجنبية للغة الأم, ‏ترجمة, ‏إفتتان, транслация, огъване, превод, предаване, поддаване, тълкуване, превеждане, 翻译, překlad, oversættelse, translatie, taajuusmuutos, translaatio, traduction, oersetting, Übersetzung, μετάφραση, תור'מ ות, תר'ום, "עתק", "עתק, fordítás, traduzione, 翻訳 , へい"ういどう, やくしょ, やくしゅつ, "うどく, ほ"やく, トランスレーション , やくじゅつ, ほ"やくしょ, 번역, tradukshon, tradução, translaţie, tãlmãcire, traducere, сдвиг, трансляция, перемещение, перевод, tumačenje, traducción, översättning, tercüme, процес перекладу, переклад, пояснення, переміщення, sự dịch, sự biến th nh sự giải thích, trosiad, for translation;