uld like to give him a trial.
The day before he was to leave the Western Union Telegraph Company the
fact of his resignation became known to Mr. Gould. The financier told
the boy there was no reason for his leaving, and that he would
personally see to it that a substantial increase was made in his salary.
Edward explained that the salary, while of importance to him, did not
influence him so much as securing a position in a business in which he
felt he would be happier.
"And what business is that?" asked the financier.
"The publishing of books," replied the boy.
"You are making a great mistake," answered the little man, fixing his
keen gray eyes on the boy. "Books are a luxury. The public spends its
largest money on necessities: on what it can't do without. It must
telegraph; it need not read. It can read in libraries. A promising boy
such as you are, with his life before him, should choose the right sort
of business, not the wrong one."
But, as facts proved, the "little wizard of Wall Street" was wrong in
his prediction; Edward Bok was not choosing the wrong business.
Years afterward when Edward was cruising up the Hudson with a yachting
party one Saturday afternoon, the sight of Jay Gould's mansion, upon
approaching Irvington, awakened the desire of the women on board to see
his wonderful orchid collection. Edward explained his previous
association with the financier and offered to recall himself to him, if
the party wished to take the chance of recognition. A note was written
to Mr. Gould, and sent ashore, and the answer came back that they were
welcome to visit the orchid houses. Jay Gould, in person, received the
party, and, placing it under the personal conduct of his gardener,
turned to Edward and, indicating a bench, said: "Come and sit down here
with me."
"Well," said the financier, who was in his domestic mood, quite
different from his Wall Street aspect, "I see in the papers that you
seem to be making your way in the publishing business."
Edward expressed surprise that the Wall Street magnate had followed his
work.
"I have because I always felt you had it in you to make a successful
man. But not in that business," he added quickly. "You were born for the
Street. You would have made a great success there, and that is what I
had in mind for you. In the publishing business you will go just so far;
in the Street you could have gone as far as you liked. There is room
there; there is none in the
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