← Table of ContentsFifty years in Wall Street

CHAPTER II.

WALL STREET AS A CIVILIZER.

Clerical Obliquity of Judgment About Wall Street 13

Affairs.—The Slanderous Eloquence of Talmage.—Wall

Street a Great Distributor, as Exhibited in the

Clearing House Transactions.—Popular Delusions in

Regard to Speculation.—What Our Revolutionary Sires

Advised About Improving the Industrial Arts, Showing

the Striking Contrast Between Their Views and the Way

Lord Salisbury Wanted to Fix Things for This Country