CHAPTER XVI.

DREW AND THE ERIE “CORNERS.”

A Harmonious Understanding with the Commodore.—How the 137

Compromise was Effected.—An Interesting Interview

with Fisk and Gould in the Commodore’s Bed-Room.—How

Richard Schell Raised the Wind for the

Commodore.—Drew’s Share of the Spoils.—He Tries to

Retire from Wall Street, but Can’t.—The Settlement

that Cost Erie Nine Millions.—Gould and Fisk “Water”

Erie again, to the Extent of Twenty-three Millions,

but leave Drew out.-“Uncle Daniel” Returns to the

Street.—He is Inveigled into a Blind Pool by Gould

and Fisk, Loses a Million and Retreats from the

Pool.—He then Operates Alone on the “Short” Side and

Throws Away Millions.—He Tries Prayer but it

“Availeth Not.”-“It’s no Use, Brother, the Market

Still Goes Up.”—Praying and Watching the

Ticker.—Hopelessly “Cornered” and Ruined by his

Former Pupils and Partners