Tuesday, September 1, 2009

High-rollin' Dutch invest in Gould.


HOW JAY GOULD ASTONISHED THE DUTCH.

From the London Railway News, Aug. 16.

We hear from Amsterdam that Mr. Jay Gould has been rather astonishing Dutch financiers. It appears that he has been negotiating with bankers there about a Kansas railroad whose affairs have been in litigation for several years. He finally offered $1,300,000 for the first mortgage bonds held by the syndicate, which they accepted, with the proviso that interest should be added to the date of payment. Gould agreed, but created a sensation by immediately writing a check on Messrs. J.S. Morgan & Co., of London, for the full amount.

(c) NYTimes 1879. Original Article

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