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Jay Gould wielded significant power in the late 19th century due to his control over key railroads and financial interests, making him one of the most influential figures in the American economy. His ability to manipulate stock markets and engage in ruthless business tactics allowed him to outmaneuver political figures and exert influence over public policy. Additionally, Gould's extensive wealth enabled him to lobby and bribe officials, undermining governmental authority in favor of his own interests. This concentration of economic power often overshadowed the regulatory capabilities of the New York government at the time.

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2w ago

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