Fifty years in Wall Street

MY DEBUT IN WALL STREET. Results of the Panic of 1857.—Creating a Revolution in 5 the Methods of Doing Business in Wall Street.—The Old “Fogies” of the St...

WALL STREET AS A CIVILIZER. Clerical Obliquity of Judgment About Wall Street 13 Affairs.—The Slanderous Eloquence of Talmage.—Wall Street a Great Dis...

HOW TO MAKE MONEY IN WALL STREET. How to Take Advantage of Periodical Panics in Order to 19 Make Money.—Wholesome Advice to Young Speculators.—Alleged “Poi...

IMPORTANCE OF BUSINESS TRAINING. Sons of Independent Gentlemen make very bad 25 Clerks.—They become Unpopular with the Other Boys, and must Even...

PERSONAL HONOR OF WALL STREET MEN. Breach of Trust Rare Among Wall Street Men.—The English 33 Clergyman’s Notion of Talmage’s Tirades Against Wall Street.—A...

WALL STREET DURING THE WAR. The Financiers of Wall Street Assist the Government in 39 the Hour of the Country’s Peril.—The Issue of the Treasury Notes.—Jay...

MORE WAR REMINISCENCES—BRITISH AND NAPOLEONIC DESIGNS. How Napoleon Defied the Monroe Doctrine.—The Banquet to 45 Romero.—Speeches by Eminent Financiers, Jurists a...

FOREIGN INTRIGUES AGAINST AMERICAN LIBERTY. How the Imperial Pirates of France and England Were 59 Frightened Off Through the Diplomacy of Seward.—Omin...

SECRETARY CHASE AND THE TREASURY. The Depleted Condition of the Treasury when Mr. Chase 73 took Office.—Preparations for War and Great Excitement in Washi...

THE NATIONAL BANKS. Secretary Chase Considers the Problem of Providing a 81 National Currency.—How E. G. Spaulding takes a Prominent Part in the Discussi...

THE NEW YORK STOCK EXCHANGE. History of the Organization for Ninety-four Years.—From 87 a Button-Wood Tree to a Palace Costing Millions of Dollars.—Enormous...

“CORNERS” AND THEIR EFFECT ON VALUES. The Senate Committee on “Corners” and 95 “Futures.”—Speculation Beneficial to the Country at Large.—...

THE COMMODORE’S “CORNERS.” The Great Hudson “Corner.”—Commodore Vanderbilt the 107 “Boss” of the Situation.—The “Corner” Forced upon Him.—How he Managed ...

DANIEL DREW. Drew, like Vanderbilt, an Example of Great Success 117 without Education.—Controlled more Ready Cash than any man in America.—Drew goes Dow...

DREW AND VANDERBILT. Vanderbilt Essays to Swallow Erie, and Has a Narrow 127 Escape from Choking.—He Tries to make Drew Commit Financial Suicide.—Manipul...

DREW AND THE ERIE “CORNERS.” A Harmonious Understanding with the Commodore.—How the 137 Compromise was Effected.—An Interesting Interview with Fisk and Goul...

INTERESTING EPISODES IN DREW’S LIFE. Incidents in the Early Life of Drew; and How he Began 147 to Make Money.—He Borrows Money from Henry Astor, Buys Cattl...

PANICS.—THEIR CAUSES.—HOW FAR PREVENTABLE. Not Accidental Freaks of the Market.—We are Still a 157 Nation of Pioneers.—The Question of Panics Peculiarly ...

OLD-TIME PANICS. The Panic of 1837.—How it was Brought About.—The State 175 Banks.—How they Expanded their Loans under Government Patronage.—Speculation was...

THE TRUE STORY OF BLACK FRIDAY TOLD FOR THE FIRST TIME. The Great Black Friday Scheme originates in patriotic 181 motives. Advising Boutwell and Grant to sell ...

CAUSES OF LOSS IN SPECULATION. Inadequate Information.—False Information.—Defects of 201 News Agencies.—Insufficiency of Margins.—Dangers of Personal Idios...

VILLARD AND HIS SPECULATIONS. Return of the Renowned Speculator to Wall 209 Street.—Recalling the Famous “Blind” Pool in Northern Pacific.—How ...

FERDINAND WARD. Peculiar Power and Methods of the Prince of 215 Swindlers.—How he Duped Astute Financiers and Business Men of all Sorts, and Secu...

HENRY N. SMITH. How Mr. Smith Started in Life and became a Successful 223 Operator.—His connection with the Tweed “Ring,” and how he and the Famous “Boss” ...

KEENE’S CAREER. He Starts in Speculation as a “Curbstone” Broker.—A 229 Lucky Hit in a Mining Stock Puts Him on the Road to be a Millionaire.—His Specula...

OUR RAILROAD METHODS. Deceptive Financiering.—Over-Capitalization.—Stock 241 “Watering.”—Financial Reconstructions.—Losses to the Public.—Profits of Con...

THE GEORGIA BOND REPUDIATION. How a Sovereign Southern State Cheated the Northern Men 255 who Helped Her in Distress.—A New Way to Pay Old Debts.—Cancellatio...

ANDREW JOHNSON’S VAGARIES. “Swinging Around the Circle.”—How Mr. Johnson Came to 289 Visit New York on His Remarkable Tour.—The Grand Reception at Delmonic...

THE DIX CONVENTION. How the War Democrat, General Dix, was Elected Governor 297 by the Republican Party.—The Candidates of Senator Conkling Rejected.—How Dix...

CONSEQUENCES OF THE UTICA (DIX’S) CONVENTION. A Chapter of Secret History.—Conkling gets the Credit 307 for Dix’s Nomination and His “Silence Gives Consent” ...

GRANT’S SECOND TERM. The Best Man for the Position and Most Deserving of the 313 Honor.—How the “Boom” was Worked up in Favor of Grant.—The Great Financiers ...

THE TWEED RING, AND THE COMMITTEE OF SEVENTY. The Ring Makes Itself Useful in Speculative Deals.—How 327 Tweed and His “Heelers” Manipulated the Money Marke...

HON. SAMUEL J. TILDEN. How Tilden began to make His Fortune in Connection with 337 William H. Havemeyer.—Tilden’s great Fort in Politics.—He Improves His Opp...

COMMODORE VANDERBILT.—HOW HIS MAMMOTH FORTUNE WAS ACCUMULATED. Ferryman.—Steamboat Owner.—Runs a Great Commercial 345 Fleet.—The First and Greatest of Railroad...

WM. H. VANDERBILT. A Builder instead of a Destroyer of Public Values.—His 355 Respect for Public Opinion on the Subject of Monopolies.—His first Experience ...

“YOUNG CORNEEL.” The Eccentricities of Cornelius Jeremiah Vanderbilt, 375 and his Marvellous Power for Borrowing Money.—He Exercises Wonderful Influence o...

THE YOUNG VANDERBILTS AND THEIR FORTUNES. Remarkable for Physical and Intellectual Ability.—The 387 Mixture of Races and the Law of Selection.—The Wonderfu...

THE ROTHSCHILDS. The Beginning of the Financial Career of the Great 397 House of Rothschild.—The Hessian Blood Money was the Great Foundation of their F...

TRAVERS. The Unique Character of Travers.—His Versatile 407 Attainments.—Although of a Genial and Humorous Disposition, He was Always a Bear.—How He...

CHARLES F. WOERISHOFFER. The Career of Charles F. Woerishoffer and the Resultant 425 Effect upon Succeeding Generations.—The Peculiar Power of the Great Lead...

WOMEN AS SPECULATORS. Wall Street no Place for Women.—They Lack the Mental 437 Equipment.—False Defenses of Feminine Financiers.—The Claflin Sisters and C...

WESTERN MILLIONAIRES IN NEW YORK. Eastward the Star of Wealth and the Tide of Beauty Take 447 their Course.—Influence of the Fair Sex on this Tendency, and W...

RAILROAD INVESTMENTS. Vastness of our Railroad System.—Its Cost.—Fall in the 475 Rate of Interest.—Tendency to a Four Per Cent. Rate on Railroad Bonds.—Effe...

THE SILVER QUESTION. Its Fundamental Importance.—Dangers of Neglecting 481 it.—Attempts at Evasion.—How it must be Finally met.—Silver Paper Currency S...

THE LABOR QUESTION. Harmony Between the Representatives of Capital and 491 Labor Necessary for Business Prosperity.—If Manufacturers should Combine to R...

AN IMPORTANT SYNOPSIS. A Resume in Brief of the Leading Events Connected with 503 Wall Street Affairs for Seventy-seven Years...

INTERNATIONAL SIGNIFICANCE OF THE BARTHOLDI STATUE. Great as an Achievement of Art, but Greater as the 525 Embodiment of the Idea of Universal Freedom the Worl...

LARGE FORTUNES AND THEIR DISPOSITION. How the Fortunes of the Astors were Made.—George 529 Peabody and His Philanthropic Schemes.—Johns Hopkins and hi...

SOUTHERN AFFAIRS IN SPECULATION. The Preservation of the Union a Great Blessing.—To Let 541 them “Secesh” would have been National Suicide.—How Immigration ...

WESTERN AND SOUTHERN FINANCIAL LEADERS. Alfred Sully, his Origin and Successful Career.—Calvin 553 S. Brice, a Financier of Ability.—General Samuel Thomas, ...

ARBITRATION. How the System of Settling Disputes and 561 Misunderstandings by Arbitration has Worked in the Stock Exchange.—Why not Extend th...

NEW YORK AS A FINANCIAL CENTRE. Its Past, Its Present, Its Future.—Banking 577 Decadence.—Growth of Interior Centres.—Obstruction from the Natio...

EARTHQUAKE THEORIES AND WALL STREET AFFAIRS. The Shock of Every Calamity Felt in Wall 589 Street.—Earthquakes the only Disasters which seem to ...

AUGUST BELMONT. The American Representative of the Rothschilds.—Begins 595 Life in the Rothschilds’ House in Frankfort.—Consul General to Austria and Minist...

THE SOCIALIST OBJECTIONS TO THE PRESENT ORDER OF SOCIETY EXAMINED. Increase of Population and the Growing Pressure upon 599 the Means of Subsistence.—Education a...

STOCK EXCHANGE CELEBRITIES. How Wall Street Bankers’ Nerves are Tried.—Fine Humor, 603 Jocular Dispositions, and Scholarly Taste of Operators.—George Gould...

A LOOK INTO THE FUTURE. What We Are.—What We are Preparing For.—What We are 611 Destined to Do and to Become.—We are Entering on an Era of Seeming Imposs...

JAY GOULD. His Birth and Early Education.—Clerk in a Country 619 Store.—He Invents a Mouse Trap.—Becomes a Civil Engineer and Surveys Delaware County.—...

MEN OF MARK. Cyrus W. Field.—Russell Sage.—Addison Cammack.—The 659 Jerome Brothers.—Moses Taylor.—Chauncey M. Depew.—Austin Corbin.—Anthony J. Drexel....

RECENT MEN OF MARK. Charles M. Schwab.—Daniel Gray Reid.—Thomas Fortune 801 Ryan.—John Warne Gates.—August Belmont.—William H. Moore.—Anthony Nicholas Br...

The Financial and Trade Situation, Past, Present and 964 Future, Reviewing the Crisis of 1907, with Causes and Remedies...

The National Corporation Problem 1045 Conclusion 1063 -----------------------------------------------...

MY DEBUT IN WALL STREET. MY advent in Wall Street was on the heels of the panic of 1857. That panic was known as the “Western blizzard.” It was entitled to the name, as its destru...

WALL STREET AS A CIVILIZER. CLERICAL OBLIQUITY OF JUDGMENT ABOUT WALL STREET AFFAIRS.—THE SLANDEROUS ELOQUENCE OF TALMAGE.—WALL STREET A GREAT DISTRIBUTOR, AS EXHIBITED IN...

HOW TO MAKE MONEY IN WALL STREET. HOW TO TAKE ADVANTAGE OF PERIODICAL PANICS IN ORDER TO MAKE MONEY.—WHOLESOME ADVICE TO YOUNG SPECULATORS.—ALLEGED “POINTS” FROM BIG SPECU...

IMPORTANCE OF BUSINESS TRAINING. SONS OF INDEPENDENT GENTLEMEN MAKE VERY BAD CLERKS.—THEY BECOME UNPOPULAR WITH THE OTHER BOYS, AND MUST EVENTUALLY GO.—NIGHT DANCING AND L...

PERSONAL HONOR OF WALL STREET MEN. BREACH OF TRUST RARE AMONG WALL STREET MEN.—THE ENGLISH CLERGYMAN’S NOTION OF TALMAGE’S TIRADES AGAINST WALL STREET.—ADVENTUROUS THIEVES ...

WALL STREET DURING THE WAR. THE FINANCIERS OF WALL STREET ASSIST THE GOVERNMENT IN THE HOUR OF THE COUNTRY’S PERIL.—THE ISSUE OF THE TREASURY NOTES.—JAY COOKE’S NORTHERN P...

MORE WAR REMINISCENCES—BRITISH AND NAPOLEONIC DESIGNS. HOW NAPOLEON DEFIED THE MONROE DOCTRINE.—THE BANQUET TO ROMERO.—SPEECHES BY EMINENT FINANCIE...

FOREIGN INTRIGUES AGAINST AMERICAN LIBERTY. HOW THE IMPERIAL PIRATES OF FRANCE AND ENGLAND WERE FRIGHTENED OFF THROUGH THE DIPLOMACY OF SEWARD.—OMINOUS APPEARANCE OF THE RUSSI...

SECRETARY CHASE AND THE TREASURY. THE DEPLETED CONDITION OF THE TREASURY WHEN MR. CHASE TOOK OFFICE.—PREPARATIONS FOR WAR AND GREAT EXCITEMENT IN WASHINGTON.—CHIVALROUS SO...

THE NATIONAL BANKS. SECRETARY CHASE CONSIDERS THE PROBLEM OF PROVIDING A NATIONAL CURRENCY.—HOW E. G. SPAULDING TAKES A PROMINENT PART IN THE DISCUSSION ON THE BANK ACT.—T...

THE NEW YORK STOCK EXCHANGE. HISTORY OF THE ORGANIZATION FOR NINETY-FOUR YEARS.—FROM A BUTTON-WOOD TREE TO A PALACE COSTING MILLIONS OF DOLLARS.—ENORMOUS GROWTH AND DEVELO...

“CORNERS” AND THEIR EFFECT ON VALUES. THE SENATE COMMITTEE ON “CORNERS” AND “FUTURES.”—SPECULATION BENEFICIAL TO THE COUNTRY AT LARGE.—A REGULATION OF VALUES, AND AN IMPORTANT...

THE COMMODORE’S “CORNERS.” THE GREAT HUDSON “CORNER.”—COMMODORE VANDERBILT THE “BOSS” OF THE SITUATION.—THE “CORNER” FORCED UPON HIM.—HOW HE MANAGED THE TRICK OF GETTING T...

DANIEL DREW. DREW, LIKE VANDERBILT, AN EXAMPLE OF GREAT SUCCESS WITHOUT EDUCATION.—CONTROLLED MORE READY CASH THAN ANY MAN IN AMERICA.—DREW GOES DOWN AS GOULD RISES.-“HIS ...

DREW AND VANDERBILT. VANDERBILT ESSAYS TO SWALLOW ERIE, AND HAS A NARROW ESCAPE FROM CHOKING.—HE TRIES TO MAKE DREW COMMIT FINANCIAL SUICIDE.—MANIPULATING THE STOCK MARKET...

DREW AND THE ERIE “CORNERS.” A HARMONIOUS UNDERSTANDING WITH THE COMMODORE.—HOW THE COMPROMISE WAS EFFECTED.—AN INTERESTING INTERVIEW WITH FISK AND GOULD IN THE COMMODORE’...

INTERESTING EPISODES IN DREW’S LIFE. INCIDENTS IN THE EARLY LIFE OF DREW, AND HOW HE BEGAN TO MAKE MONEY.—HE BORROWS MONEY FROM HENRY ASTOR, BUYS CATTLE IN OHIO AND DRIVES THE...

PANICS.—THEIR CAUSES.—HOW FAR PREVENTABLE. NOT ACCIDENTAL FREAKS OF THE MARKET.—WE ARE STILL A NATION OF PIONEERS.—THE QUESTION OF PANICS PECULIARLY AMERICAN.—VIOLENT OSCI...

OLD TIME PANICS. THE PANIC OF 1837.—HOW IT WAS BROUGHT ABOUT.—THE STATE BANKS.—HOW THEY EXPANDED THEIR LOANS UNDER GOVERNMENT PATRONAGE.—SPECULATION WAS STIMULATED AND VAL...

THE TRUE STORY OF BLACK FRIDAY TOLD FOR THE FIRST TIME. THE GREAT BLACK FRIDAY SCHEME ORIGINATES IN PATRIOTIC MOTIVES.—ADVISING BOUTWELL AND GRANT TO SELL GOLD.—THE PART JIM F...

CAUSES OF LOSS IN SPECULATION. INADEQUATE INFORMATION.—FALSE INFORMATION.—DEFECTS OF NEWS AGENCIES.—INSUFFICIENCY OF MARGINS.—DANGERS OF PERSONAL IDIOSYNCRASIES.—OPERATING...

VILLARD AND HIS SPECULATIONS. RETURN OF THE RENOWNED SPECULATOR TO WALL STREET.—RECALLING THE FAMOUS “BLIND” POOL IN NORTHERN PACIFIC.—HOW VILLARD CAPTURED NORTHERN PACIFI...

FERDINAND WARD. PECULIAR POWER AND METHODS OF THE PRINCE OF SWINDLERS.—HOW HE DUPED ASTUTE FINANCIERS AND BUSINESS MEN OF ALL SORTS, AND SECURED THE SUPPORT OF EMINENT STA...

HENRY N. SMITH. HOW MR. SMITH STARTED IN LIFE AND BECAME A SUCCESSFUL OPERATOR.—HIS CONNECTION WITH THE TWEED “RING,” AND HOW HE AND THE FAMOUS “BOSS” MADE LUCKY SPECULATI...

KEENE’S CAREER. HE STARTS IN SPECULATION AS A CALIFORNIA BROKER.—A LUCKY HIT IN A MINING STOCK PUTS HIM ON THE ROAD TO BE A MILLIONAIRE.—HIS SPECULATIVE ENCOUNTER WITH THE...

OUR RAILROAD METHODS. DECEPTIVE FINANCIERING.—OVER-CAPITALIZATION.—STOCK “WATERING.”—FINANCIAL RECONSTRUCTIONS.—LOSSES TO THE PUBLIC.—PROFITS OF CONSTRUCTORS.—BAD REPUTATI...

GEORGIA REPUDIATION BONDS. HOW A SOVEREIGN SOUTHERN STATE CHEATED THE NORTHERN MEN WHO HELPED HER IN DISTRESS.—A NEW WAY TO PAY OLD DEBTS.—CANCELLATION BY REPUDIATION OF J...

ANDREW JOHNSON’S VAGARIES. “SWINGING AROUND THE CIRCLE.”—HOW MR. JOHNSON CAME TO VISIT NEW YORK ON HIS REMARKABLE TOUR.—THE GRAND RECEPTION AT DELMONICO’S.—THE PRESIDENT L...

THE DIX CONVENTION. HOW THE WAR DEMOCRAT, GENERAL DIX, WAS ELECTED GOVERNOR BY THE REPUBLICAN PARTY.—THE CANDIDATES OF SENATOR CONKLING REJECTED.—HOW DIX WAS SPRUNG ON THE...

CONSEQUENCES OF THE UTICA (DIX’S) CONVENTION. A CHAPTER OF SECRET HISTORY.—CONKLING GETS THE CREDIT FOR DIX’S NOMINATION AND HIS “SILENCE GIVES CONSENT” TO THE HONOR.—ROBERTSO...

GRANT’S SECOND TERM. THE BEST MAN FOR THE POSITION AND MOST DESERVING OF THE HONOR.—HOW THE “BOOM” WAS WORKED UP IN FAVOR OF GRANT.—THE GREAT FINANCIERS AND SPECULATORS AL...

THE TWEED RING, AND THE COMMITTEE OF SEVENTY. THE RING MAKES ITSELF USEFUL IN SPECULATIVE DEALS.—HOW TWEED AND HIS “HEELERS” MANIPULATED THE MONEY MARKET.—THE RING CONSPIRES T...

HON. SAMUEL J. TILDEN. HOW TILDEN BEGAN TO MAKE HIS FORTUNE IN CONNECTION WITH WILLIAM H. HAVEMEYER.—TILDEN’S GREAT FORTE IN POLITICS.—HE IMPROVES HIS OPPORTUNITY WITH THE...

COMMODORE VANDERBILT. —HOW HIS MAMMOTH FORTUNE WAS ACCUMULATED. FERRYMAN.—STEAMBOAT OWNER.—RUNS A GREAT COMMERCIAL FLEET.—THE FIRST AND GREATEST OF RAILROAD KINGS....

WILLIAM H. VANDERBILT. A BUILDER INSTEAD OF A DESTROYER OF PUBLIC VALUES.—HIS RESPECT FOR PUBLIC OPINION ON THE SUBJECT OF MONOPOLIES.—HIS FIRST EXPERIENCE IN RAILROAD MAN...

“YOUNG CORNEEL.” THE ECCENTRICITIES OF CORNELIUS JEREMIAH VANDERBILT, AND HIS MARVELLOUS POWER FOR BORROWING MONEY.—HE EXERCISES WONDERFUL INFLUENCE OVER GREELEY AND COLFA...

THE YOUNG VANDERBILTS AND THEIR FORTUNES. REMARKABLE FOR PHYSICAL AND INTELLECTUAL ABILITY.—THE MIXTURE OF RACES AND THE LAW OF SELECTION.—THE WONDERFUL WILL AND THE WISE ...

THE ROTHSCHILDS. THE BEGINNING OF THE FINANCIAL CAREER OF THE GREAT HOUSE OF ROTHSCHILD.—THE HESSIAN BLOOD MONEY WAS THE GREAT FOUNDATION OF THEIR FORTUNE.—HOW THE FIRM OF...

TRAVERS. THE UNIQUE CHARACTER OF TRAVERS—HIS VERSATILE ATTAINMENTS—ALTHOUGH OF A GENIAL AND HUMOROUS DISPOSITION, HE HAS ALWAYS BEEN A BEAR—HOW HE WAS THE MEANS OF PRESERV...

CHARLES F. WOERISHOFFER. THE CAREER OF CHARLES F. WOERISHOFFER, AND THE RESULTANT EFFECT UPON SUCCEEDING GENERATIONS.—THE PECULIAR POWER OF THE GREAT LEADER OF THE BEAR EL...

WOMEN AS SPECULATORS WALL STREET NO PLACE FOR WOMEN.—THEY LACK THE MENTAL EQUIPMENT.—FALSE DEFENSES OF FEMININE FINANCIERS.—THE CLAFLIN SISTERS AND COMMODORE VANDERBILT.—F...

WESTERN MILLIONAIRES IN NEW YORK. EASTWARD THE STAR OF WEALTH AND THE TIDE OF BEAUTY TAKE THEIR COURSE.—INFLUENCE OF THE FAIR SEX ON THIS TENDENCY, AND WHY.—NEW YORK THE G...

which has dazzled and astounded foreigners. Mr. Mackay himself has apparently little inclination for social triumphs; he is well liked wherever he is known for his quick, genial ma...

RAILROAD INVESTMENTS. VASTNESS OF OUR RAILROAD SYSTEM.—ITS COST.—FALL IN THE RATE OF INTEREST.—TENDENCY TO A FOUR PER CENT. RATE ON RAILROAD BONDS.—EFFECT OF THE CHANGE ON...

THE SILVER QUESTION. ITS FUNDAMENTAL IMPORTANCE.—DANGERS OF NEGLECTING IT.—ATTEMPTS AT EVASION.—HOW IT MUST BE FINALLY MET.—SILVER PAPER CURRENCY SCHEMES, AND THEIR FUTILI...

THE LABOR QUESTION. HARMONY BETWEEN THE REPRESENTATIVES OF CAPITAL AND LABOR NECESSARY FOR BUSINESS PROSPERITY.—IF MANUFACTURERS SHOULD COMBINE TO REGULATE WAGES, THE ARRA...

AN IMPORTANT SYNOPSIS. A RESUME IN BRIEF OF THE LEADING EVENTS CONNECTED WITH WALL STREET AFFAIRS FOR SEVENTY-SEVEN YEARS. _December, 1816._—The first savings banks in the Un...

INTERNATIONAL SIGNIFICANCE OF THE BARTHOLDI STATUE. GREAT AS AN ACHIEVEMENT OF ART, BUT GREATER AS THE EMBODIMENT OF THE IDEA OF UNIVERSAL FREEDOM...

LARGE FORTUNES AND THEIR DISPOSITION. HOW THE FORTUNES OF THE ASTORS WERE MADE.—GEORGE PEABODY AND HIS PHILANTHROPIC SCHEMES.—JOHNS HOPKINS AND HIS PECULIARITIES.—A. T. ST...

SOUTHERN AFFAIRS IN SPECULATION. THE PRESERVATION OF THE UNION A GREAT BLESSING.—TO LET THEM “SECESH” WOULD HAVE BEEN NATIONAL SUICIDE.—HOW IMMIGRATION HAS ASSISTED NATION...

WESTERN AND SOUTHERN FINANCIAL LEADERS. ALFRED SULLY, HIS ORIGIN AND SUCCESSFUL CAREER.—CALVIN S. BRICE, A FINANCIER OF ABILITY.—GENERAL SAMUEL THOMAS, PROMINENT IN THE SO...

ARBITRATION. HOW THE SYSTEM OF SETTLING DISPUTES AND MISUNDERSTANDINGS BY ARBITRATION HAS WORKED IN THE STOCK EXCHANGE.—WHY NOT EXTEND THE SYSTEM TO BUSINESS MATTERS GENER...

NEW YORK AS A FINANCIAL CENTRE. ITS PAST, ITS PRESENT, ITS FUTURE.—BANKING DECADENCE.—GROWTH OF INTERIOR CENTRES.—OBSTRUCTION FROM THE NATIONAL BANK LAWS.—RELIEF DEMANDED....

EARTHQUAKE THEORIES AND WALL STREET AFFAIRS. THE SHOCK OF EVERY CALAMITY FELT IN WALL STREET.—EARTHQUAKES THE ONLY DISASTERS WHICH SEEM TO DEFY THE POWER OF PRECAUTION.—BECOMI...

AUGUST BELMONT. THE AMERICAN REPRESENTATIVE OF THE ROTHSCHILDS.—BEGINS LIFE IN THE ROTHSCHILDS’ HOUSE IN FRANKFORT.—CONSUL GENERAL TO AUSTRIA AND MINISTER TO THE HAGUE.—A ...

THE SOCIALIST OBJECTIONS TO THE PRESENT ORDER OF SOCIETY EXAMINED. INCREASE OF POPULATION AND THE GROWING PRESSURE UPON THE MEANS OF SUBSISTENCE.—EDUCA...

STOCK EXCHANGE CELEBRITIES. HOW WALL STREET BANKERS’ NERVES ARE TRIED.—FINE HUMOR, JOCULAR DISPOSITIONS, AND SCHOLARLY TASTE OF OPERATORS.—GEORGE GOULD AS A FUTURE FINANCI...

A LOOK INTO THE FUTURE. WHAT WE ARE.—WHAT WE ARE PREPARING FOR.—WHAT WE ARE DESTINED TO DO AND TO BECOME.—WE ARE ENTERING ON AN ERA OF SEEMING IMPOSSIBILITIES.—YET THE INC...

JAY GOULD. HIS BIRTH AND EARLY EDUCATION.—CLERK IN A COUNTRY STORE.—HE INVENTS A MOUSE TRAP.—BECOMES A CIVIL ENGINEER AND SURVEYS DELAWARE COUNTY.—WRITES A BOOK AND SELLS ...

MEN OF MARK. CYRUS W. FIELD—HON. STEPHEN V. WHITE—AUSTIN CORBIN—PHILIP D. ARMOUR—HON. LEVI P. MORTON—JOHN A. STEWART—ANTHONY J. DREXEL—THE JEROME BROTHERS—ADDISON CAMMACK—...

JAMES B. AND JOHN H. CLEWS. The subjects of this sketch, whose portraits adorn these pages, are both members of my firm and I think this book would be incomplete without putting i...

A REMARKABLE CHAPTER OF HISTORY. Any review of the advance of this country during the past fifteen years, forms a record of the most wonderful progress ever made by any nation in ...

BOOMS IN WALL STREET. Wall Street has lately been enjoying quite a boom in some respects differing from any in its previous history. Probably the most interesting feature about th...

A GLIMPSE INTO THE FUTURE. I believe that it would be difficult to set bounds to the possibilities of American development. The inventive genius of the people, their adaptability ...

MY CHRISTMAS ADDRESS TO CUSTOMERS DEC. 24, 1906. You can now realize why we have for so long a period had a congested stock market. It started by the...

EDWARD H. HARRIMAN. Edward H. Harriman was born on Long Island in 1848. His father was a clergyman, and the family in poor circumstances. At the age of fourteen he left school, an...

THE UPS AND DOWNS OF WALL STREET. ILLUSTRATED BY PERSONAL REMINISCENCES OF ITS LEADERS. The mutations and vicissitudes, the ups and downs, of Wall Street can be best ill...

RECENT WALL STREET BOOMS. THE RESISTLESS POWER BEHIND THE MARKET.—THE ADVENT OF GOVERNOR R. P. FLOWER.—HOW STOCKS WERE BOOMED WITH A DASH.—A SUDDEN DEATH AVERTS A BIG PANI...

WALL STREET’S WILD SPECULATION, 1900-1904. MCKINLEY’S REËLECTION AND THE DEFEAT OF BRYANISM SET THE BIG BALL OF SPECULATION ROLLING ON THE STOCK EXCHANGE.—THE TREMENDOUS VOLUM...

REVIEW OF THE PANIC YEAR, 1903. The year 1903 passed into history with few pleasant memories. To a great number of individuals it was a year of disappointment and loss. To the ver...

LEADING WALL STREET EVENTS UP TO THE FALL OF 1907. The natural result of the panic of 1903, and the long period of depression in Wall Street, was tha...

THE GREAT CRISIS OF 1907. The worst forebodings of September were far more than realized in October, when the monetary disturbance, and distrust of credits, spread from the Stock ...

THE CAUSES OF THE CRISIS OF 1907.[2] Footnote 2: An address by Henry Clews, LL.D., delivered at Cooper Institute, New York City, February, 1908. The wiseacres in Wall Street...

RECENT MEN OF MARK. CHARLES M. SCHWAB. Born in Pennsylvania, May 30, 1851; rose, from the bottom, to be President of the Carnegie Steel Company, then, ...

NEEDED PUBLICITY AND REFORM IN CORPORATIONS. Years ago I saw the inevitable end of the methods of some of the unscrupulous managers and manipulators of corporations, and began to ...

THE MONETARY SITUATION AND ITS REMEDIES.[3] Footnote 3: An address to the West Virginia Banking Association at their 13th Anniversary Meeting, at Elkins, West Virginia, June ...

INDIVIDUALISM VERSUS SOCIALISM.[4] Footnote 4: An address delivered by Henry Clews on Sunday afternoon, May 12, 1907, at the Columbia Theatre, Brooklyn, in debate with Profes...

The Socialist is usually an unfortunate or misled individual. He has probably suffered from reverses or unfortunate environment. He has perhaps been roughly or cruelly handled. Per...

GREAT WEALTH AND SOCIAL UNREST.[5] Footnote 5: An address delivered by Henry Clews at the Thirty-fourth Annual Assembly of the Chautauqua Institution at Chautauqua, N. Y., Ju...

THE FINANCIAL SITUATION.[6] Footnote 6: An address delivered by Henry Clews at the Fifteenth Annual Convention of the Kentucky Bankers’ Association in the Auditorium, Seelbac...

TABLE SHOWING DATES OF ADMISSION OF THE MEMBERS OF THE NEW YORK STOCK EXCHANGE. _According to the Directory Issu...

ENGLAND AND RUSSIA IN OUR CIVIL WAR AND THE WAR BETWEEN RUSSIA AND JAPAN.[7] Footnote 7: Written for the _North American Review_, June 1904 issue, by Henry ...

THE CRISIS OF 1907 AND ITS CAUSES. WAS PRESIDENT ROOSEVELT TO BLAME?[9] Footnote 9: An address to the Cleveland Chamber of Commerce, Cleveland, Ohio, Tue...

OUR GREAT AMERICAN PANICS FROM FIRST TO LAST. The panic of 1907 naturally revived public interest in all our previous panics, and therefore a brief historical review of these is t...

WALL STREET AS IT REALLY IS. A VINDICATION. Many people, and some newspapers, have a false impression that Wall Street is a gambling arena that does a great deal of harm and no go...

THE FINANCIAL AND TRADE SITUATION, PAST, PRESENT AND FUTURE, REVIEWING THE CRISIS OF 1907, WITH CAUSES AND REMEDIES.[10] Footnote 10: An address d...

AMERICAN SOCIAL CONDITIONS.[11] Footnote 11: An address by Henry Clews, LL.D., to the students of Yale University, New Haven, Conn., November 1, 1907. _Mr. Chairman and Stud...

THE FINANCIAL AND TRADE SITUATION AND PROSPECTS.[12] Footnote 12: An address delivered at the Annual Banquet of the National Association of Cotton Ma...

PEACE ASSURANCES FROM JAPAN. * * * * * ASSURANCE FROM VISCOUNT KENTARO KANEKO, THE EMINENT STATESMAN OF JAPA...

THE EMPEROR OF JAPAN. * * * * * DECORATES HENRY CLEWS WITH THE ORDER OF COMMANDEUR OF THE MOST DISTINGUISH...

THE NATIONAL CORPORATION PROBLEM.[13] Footnote 13: An address by Henry Clews, LL.D., delivered at the First Annual Banquet of the Economic Club of Manchester, New Hampshire, ...

WHY I AM AN AMERICAN. I came to this country from England over fifty years ago, expecting to stay for merely a short visit. I had barely learned the localities of the public build...