Fifty years in Wall Street · Henry Clews

CHAPTER XIV.

Chapter 11 of 136 · 1 min read

DANIEL DREW.

Drew, like Vanderbilt, an Example of Great Success 117 without Education.—Controlled more Ready Cash than any man in America.—Drew goes Down as Gould Rises.-“His Touch is Death.”—Prediction of Drew’s Fall.—His Thirteen Millions Vanish.—How he caught the Operators in “Oshkosh” by the Handkerchief Trick.—The Beginning of “Uncle Daniel’s” Troubles.—The Convertible Bond Trick.—The “Corner” of 1866.—Millions Lost and Won in a Day.—Interesting Anecdote of the Youth who Speculated outside the Pool, and was Fed by Drew’s Brokers