← Table of ContentsFifty years in Wall Street

CHAPTER LIII.

EARTHQUAKE THEORIES AND WALL STREET AFFAIRS.

The Shock of Every Calamity Felt in Wall 589

Street.—Earthquakes the only Disasters which seem to

Defy the Power of Precaution.—Becoming a Subject of

Serious Thought for Wall Street Men and Business

Men.—The Volcanic Theory of Earthquakes.—Other Causes

at Work Producing these Terrific Upheavals.—Why

Charleston was more Severely Shaken Up than New

York.—Why the Southern Earthquake did not Strike Wall

Street with Great Force.—Earthquakes Likely to Become

the Great Disasters of the Future