Word: panic
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Dates: during 1920-1929
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...Daniel Drew (1797-1879) were forcing from Commodore Cornelius Vanderbilt (1794-1877) control of the Erie, and where Commodore Vanderbilt himself was forcing his way to the control of the New York Central. When the Fisk-Gould machinations around President Grant brought on the "Black Friday" panic of 1869, Abraham Kuhn and Solomon Loeb had money. They loaned it out, and their firm has continued to loan out money. Kuhn, Loeb & Co. on its own account and in combination with other banking houses has loaned $10,000,000,000 during 60 years. Much of the money went to these railroads...
Lake Michigan never had tides but Chicago had the ebb and flow of fire to fortune, prosperity to panic, good blood to bad, old homes to ugly apartments, "joints" to skyscrapers. And human careers either breasted these tides or were swept by them to good or ill. There is nothing superlatively able about the story's hero, Alan Wheelock, but he is swept to wealth, and away to New York, because he happens to learn shorthand at the right time. Contrariwise, the innocence and integrity which he inherits from his oak-hearted grandfather deter him from capturing the heroine...
...down to what you all are most interest in I myself, was born in Shemokin, Pa., just before the Panic of 1893 (this was pure coincidence), of poor but honest parents. (Father was poor and mother was honest). We were, in fact, so poor that for economic reasons there was nothing personal in it--my mother dropped me out of the window onto the concrete pavement. I was quite unharmed, however, and just as my mother was about to repeat the experiment from a window one flight higher our old Indian servant stopped her, Pont," pleaded the faithful...
...built up a wholesale grocery business in Baltimore, starting in his 25th year with money from a moneyed uncle. He built so well that he was able to do private banking in a big way, extending credit and signing notes for the Baltimore & Ohio R. R. and, during the panic of 1873, for many a Baltimore and Philadelphia firm. He aided Southerners after the Civil War with credit, meeting George Peabody who was doing the same thing. Here was a coincidence: both men were bachelors, both had made fortunes of ten millions, Peabody by advancing cash, Hopkins by advancing credit...
...coke fires, hear the tinny strum of a trolley going into a mine, hard work, devotion. No one can say that Frick did not work hard. No one can say that he might not have been successful with no luck at all. But the fact remains that, in the panic of 1873, a lot of Pennsylvania bituminous coal lands were put up for sale at a fraction of their value and Frick (with money borrowed from his relatives-he was but 24 then) bought them and became a millionaire, the greatest producer of coke in the world; formed...