Fifty years in Wall Street · Henry Clews
CHAPTER XX.
Chapter 17 of 136 · 1 min read
THE TRUE STORY OF BLACK FRIDAY TOLD FOR THE FIRST TIME.
The Great Black Friday Scheme originates in patriotic 181 motives. Advising Boutwell and Grant to sell Gold.—The part Jim Fisk played in the Speculative Drama.-“Gone where the Woodbine Twineth.”—A general state of Chaos in Wall Street.—How the Israelite Fainted.-“What ish the prish now?”—Gould the Head Centre of the Plot to “Corner” Gold.—How he Managed to Draw Ample Means from Erie.—Gould and Fisk Attempt to Manipulate President Grant and Compromise him and his Family in the Plot.—Scenes and Incidents of the Great Speculative Drama
CHAPTER XXI.
CAUSES OF LOSS IN SPECULATION.
Inadequate Information.—False Information.—Defects of 201 News Agencies.—Insufficiency of Margins.—Dangers of Personal Idiosyncrasies.—Operating in Season and out of Season.—Necessity of Intelligence, Judgment and Nerve.—An Ideal Standard.—What Makes a King Among Speculators?
