I judge property myself by its net earning power; that is the only rule I have been able to get.… This whole island [<nowiki/>Manhattan] was once bou… - Jay Gould

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I judge property myself by its net earning power; that is the only rule I have been able to get.… This whole island [<nowiki/>Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph.

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About Jay Gould

Jason "Jay" Gould (May 27, 1836 – December 2, 1892) was an American financier and railroad developer.

Also Known As

Alternative Names: Jason Gould

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My idea is, that if capital and labor are left alone they will mutually regulate each other. People who think they can regulate all mankind and get wrong ideas which they believe to be panaceas for every ill cause much trouble to both employers and employees by their interference.

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