Twenty-eight Years in Wall StreetIrving Publishing Company, 1887 - 716 pages Added t.p., illustrated. PARTIAL CONTENTS: XV. [Daniel] Drew and [Cornelius] Vanderbilt.--XVI. Drew and the Erie "corners."--XXII. [Henry] Villard and his speculations.--XXVI. Our railroad methods.--XXXIV. Commodore Vanderbilt.-how his mammoth fortune was accumulated.--XXXV. Wm. H. Vanderbilt.--XXXVII. The young Vanderbilts and their fortunes.--Their railroad system ... --XLII. Railroad investments.--XLV. The labor question.--Gould and the strikes on the Missouri Pacific.--L. Western and southern financial leaders.--General Thomas M. Logan, a successful man in railroading ... --[The Garretts'] great success as railroad managers.--LVII. Jay Gould.--LIX. Men of mark.--Hon. Stephen V. White [Lackawanna Railroad].--Austin Corbin [Reading Railroad].--Russell Sage [Chicago, Milwaukee & St. Paul].--Chauncey M. Depew [New York Central]. -- J. Pierpont Morgan. |
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Page 26
... amount of good sense to counteract the conceit instilled by the idea of financial independence by birth . The latter are more liable to youthful and enervat- ing excesses , as they have the means to indulge in nocturnal amusements that ...
... amount of good sense to counteract the conceit instilled by the idea of financial independence by birth . The latter are more liable to youthful and enervat- ing excesses , as they have the means to indulge in nocturnal amusements that ...
Page 33
... amount of money handled in Wall Street . The men of Wall Street have , therefore , become world- renowned for straightforward dealing , and have thus ob- tained the first position as leading spirits in the speculative affairs not only ...
... amount of money handled in Wall Street . The men of Wall Street have , therefore , become world- renowned for straightforward dealing , and have thus ob- tained the first position as leading spirits in the speculative affairs not only ...
Page 73
... amount of a million dollars a day . The Secretary of the Treasury made a calculation , which he submitted to the President , showing that the probable expenditures would amount to 318 mil- lions for the ensuing year . He advised that 80 ...
... amount of a million dollars a day . The Secretary of the Treasury made a calculation , which he submitted to the President , showing that the probable expenditures would amount to 318 mil- lions for the ensuing year . He advised that 80 ...
Page 82
... amount authorized to be borrowed on the 5-20 bonds . He advised the creation of banking associations which should secure their circula- tion by a deposit of Government bonds . One object of this was to create a market for the bonds ...
... amount authorized to be borrowed on the 5-20 bonds . He advised the creation of banking associations which should secure their circula- tion by a deposit of Government bonds . One object of this was to create a market for the bonds ...
Page 83
... amount to the currency while the suspended banks were free to increase their circulation . Soon after this Senator Sherman offered a bill to provide a national currency , somewhat after the model of Mr. Hooper's bill . The Sherman bill ...
... amount to the currency while the suspended banks were free to increase their circulation . Soon after this Senator Sherman offered a bill to provide a national currency , somewhat after the model of Mr. Hooper's bill . The Sherman bill ...
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Common terms and phrases
affairs amount bankers became Black Friday blind pool bought brokers buying capital cause cent CHAPTER clique Committee of Seventy Commodore Company Conkling connection Convention Corbin corner Daniel Drew Drew enterprise Erie fact favor Ferdinand Ward firm Fisk fortune friends George Opdyke Georgia bonds gold Government Governor Grant Grant & Ward HENRY CLEWS honor interest investment issue Jay Gould Keene large number Legislature loans matter ment methods million dollars National Bank obligations Opdyke operators panic party political pool position President profits prosperity purchase railroad received Republican repudiation result road savings banks securities sell Senator Seney Seney Syndicate shares Smith sold soon speculative Stock Exchange success Tilden tion transactions Travers Treasury Tweed Tweed Ring United Vanderbilt Villard Wall Street Ward wealth Woerishoffer York York Stock Exchange
Popular passages
Page 678 - The silver interests began in that year a propaganda to restore the free coinage of silver at the ratio of 16 to 1...
Page 293 - It may be assumed that the holders of our securities have already received upon their bonds a larger amount than their original investment, measured by a gold standard. Upon this statement of facts, it would seem but just and equitable that the six per cent. interest now paid by the Government should be applied to the reduction of the principal in semi-annual instalments, which in sixteen years and eight months would liquidate the entire national debt.
Page 390 - All the rest, residue, and remainder of my estate, real, personal and mixed, wheresoever situate, of which I may die seized or possessed, or to which I may be entitled at the time of my decease...
Page 490 - But in the ordinary branches of industry no one rich competitor has it in his power to drive out all the smaller ones. Some businesses show a tendency to pass out of the hands of many small producers or dealers into a smaller number of larger ones; but the cases in which this happens are those in which the possession of a larger capital permits the adoption of more powerful machinery, more efficient by more expensive processes, or a better organized and more economical mode of carrying on business,...
Page 678 - Having behind us the producing masses of this nation and the world, supported by the commercial interests, the laboring interests and the toilers everywhere, we will answer their demand for a gold standard by saying to them: 'You shall not press down upon the brow of labor this crown of thorns; you shall not crucify mankind upon a cross of gold.
Page 82 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,
Page 342 - Trust, with capacity to establish and maintain a free library and reading-room in the city of New TRYING TO RREAK HIS WILL.
Page 343 - I authorize my said executors and trustees to apply the rest, residue and remainder of my property, real and personal, after making good the said special trusts herein directed to be constituted, or such...
Page 402 - That a lie which is half a truth is ever the blackest of lies, That a lie which is all a lie may be met and fought with outright, But a lie which is part a truth is a harder matter to fight.
Page 143 - ... that doubts had been raised as to the legality of the recent issue of some two hundred thousand shares of stock, and that only about this amount was to be had in America ; the trustee therefore petitioned for authority to use the funds of the corporation to purchase and cancel the whole of this amount at any price less than the par value, without regard to the rate at which it had been issued. The desired authority was conferred by Mr. Justice Barnard as soon as asked. Human assurance could go...