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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.
Excerpt from Twenty-Eight Years in Wall Street The following pages are intended to throw some light on imperfectly known events connected with Wall Street speculation and investments, and also with the condition and progress of the country from a financial standpoint, during the twenty-eight years which I have experienced in the great money centre. The theme is worthy of an abler pen, but in the absence of other contributors to this branch of our National history, I venture the plain narrative of an active participator in the financial events of the times in which I have lived. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Wall Street is an unending source of legend--and nightmares. It is a universal symbol of both the highest aspirations of economic prosperity and the basest impulses of greed and deception. Charles R. Geisst's Wall Street is at once a chronicle of the street itself--from the days when the wall was merely a defensive barricade built by Peter Stuyvesant--and an engaging economic history of the United States, a tale of profits and losses, enterprising spirits, and key figures that transformed America into the most powerful economy in the world. The book traces many themes, like the move of industry and business westward in the early 19th century, the rise of the great Robber Barons, and the growth of industry from the securities market's innovative financing of railroads, major steel companies, and Bell's and Edison's technical innovations. And because "The Street" has always been a breeding ground for outlandish characters with brazen nerve, no history of the stock market would be complete without a look at the conniving of ruthless wheeler-dealers and lesser known but influential rogues. This updated edition covers the historic, almost apocalyptic events of the 2008 financial crisis and the overarching policy changes of the Obama administration. As Wall Street and America have changed irrevocably after the crisis, Charles R. Geisst offers the definitive chronicle of the relationship between the two, and the challenges and successes it has fostered that have shaped our history.
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Early in 1885 Americans learned that General Grant was writing his Memoirs in a desperate race for time against an incurable cancer. Not generally known was the General’s precarious personal finances, made so by imprudent investments, and his gallant effort to provide for his family by his writing. For six months newspaper readers followed the dramatic contest, and the hearts of Americans were touched by the General’s last battle. Grant’s last year was one of both personal and literary triumph in the midst of tragedy, as Thomas M. Pitkin shows in this memorable and inspiring book. The Memoirs was completed; its remarkable literary quality made ita triumph. Ultimately more than 300,000sets of the two-volume work were sold. And Grant accepted the inevitable with quiet courage, and faded away in a manner sadly familiar to many American families. Though told without maudlin touches, the story of Grant’s last year will leave few readers emotionally uninvolved, for itis an account of pain and suffering as well as mighty deeds, and truly deserves to be considered the General’s final victory.