Jay Gould, the famous railroad tycoon, had two daughters. The youngest, Anna, was known for her lavish spending, extravagant dressing and social climbing. She spent a fortune chasing after a husband of European nobility and finally landed one, Count Boniface De Castellane, whom she wed in 1895. Anna's huge wardrobe and dazzling jewelry collection were described in great detail in the press at the time. So, Anna is probably the daughter who inspired the song, rather than her elder sister Helen, who was a highly regarded philanthropist. It turned out that Count Boniface was an even more extravagant spender than Anna and a philanderer to boot. He practically drained the Gould fortune. Anna divorced him and married the Duke of Tallyrand who had enough of his own money to support Anna in the style to which she was accustomed and they all lived happily ever after, except for the railway workers and the hobos.
It was printed in Pete Seeger's The Bells of Rhymney.
I learned this from Pete Seeger's recording.
Other hobo songs in this collection are:
    "The Danville Girl"
    "The Wabash Cannonball"