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===Rivalry with Jay Gould and James Fisk=== In 1868, Vanderbilt fell into a dispute with Daniel Drew, who had become treasurer of the [[Erie Railway]]. To get revenge, he tried to corner Erie stock, which led to the so-called [[Erie War]]. This brought him into direct conflict with [[Jay Gould]] and financier [[James Fisk (financier)|James Fisk Jr.]], who had just joined Drew on the Erie board. They defeated the corner by issuing "[[watered stock]]" in defiance of state law, which restricted the number of shares a company could issue.<ref name="White">{{cite book |last=White |first=Bouck |title=The Book of Daniel Drew |url=https://archive.org/details/bookofdanieldrew00whit |year=1910 |publisher=Doubleday, Page & Co |location=New York |via=Archive.org}}</ref>{{rp|207β32}} But Gould bribed the legislature to legalize the new stock.<ref name="White"/>{{rp|262β64}} Vanderbilt used the leverage of a lawsuit to recover his losses, but he and Gould became public enemies.<ref name="McAlpine">{{cite book |last=McAlpine |first=Robert W. |title=The Life and Times of Col. James Fisk, Jr. |url=https://archive.org/details/lifeandtimescol00mcalgoog |year=1872 |publisher=New York Book Co |location=New York |pages=[https://archive.org/details/lifeandtimescol00mcalgoog/page/n89 79]β147| via=Archive.org}}</ref> Gould never got the better of Vanderbilt in any other important business matter, but he often embarrassed Vanderbilt, who uncharacteristically lashed out at Gould in public. By contrast, Vanderbilt befriended his other foes after their fights ended, including Drew and Cornelius Garrison.
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