Investigation Of So Called Rackets Hearings Before A Subcommittee Of The Committee On Commerce United States Senate Seventy Third Congress Second Session Pursuant To S Res 74 A Resolution Authorizing An Investigation Of The Matter Of So Called Rackets With A View To Their Suppression Pt 1 Hearings New York City August 14 To 15 1933 Pt 2 Hearing Detroit Mich October 3 1933 Pt 3 Hearings Chicago October 23 And 24 1933 Pt 4 Hearings New York City November 23 And 24 1933 Pt 5 Hearing New York City December 21 1933 Pt 6 Index

Author : Clifford Browder
Publisher : University Press of Kentucky
ISBN 13 : 0813162246
Total Pages : 336 pages
Book Rating : 4.8/5 (131 download)

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Download or read book The Money Game in Old New York written by Clifford Browder and published by University Press of Kentucky. This book was released on 2014-07-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I got to be a millionaire afore I know'd it hardly," remarked the Wall Street financier Daniel Drew (1797-1879). An uneducated farm boy from Putnam County, New York, he became in turn a successful cattle drover, a circus clown, tavern keeper, a shrewd Hudson River steamboat operator, and an unscrupulous speculator. As the colorful "Uncle Daniel" of Wall Street-his whiskered face seamed with wrinkles and twinkling with steel-gray eyes -- time and again he disrupted the financial markets with manipulations whereby he either won or lost millions of dollars. Having "got religion" upon hearing a scary hell-fire sermon at the age of fourteen, Drew was also a fervent Methodist. Rumors of his financial operations--epic struggles that pitted him against Cornelius Vanderbilt, Jay Gould, and Jim Fisk, and that subjected him to threats of arrest and even kidnapping, and on one occasion to a most undignified flight from the state-baffled and disturbed the Methodists, who admittedly had little grasp of Wall Street but knew firsthand Brother Drew's tearful repentance at prayer meetings and his generosity in founding churches and seminaries. With its dual commitment to religion and rascality, Drew's career is a rich study in contradictions, an exciting chronicle of high drama and low comedy capped by bankruptcy. To understand Drew in his complexity, the author argues, is to get a grip on the heady and exploitative age that produced him -- the yesterday of "smartness" and "go ahead" that helped engender the America of today. Based on primary sources, this is the first full-fledged biography of Drew, who hitherto has been known chiefly through a fictionalized and fraudulent account of 1910.