Chapter

The Early Years (1790–1840)

Charles R. Geisst

in Wall Street

Published in print September 1999 | ISBN: 9780195130867
Published online November 2003 | e-ISBN: 9780199871155 | DOI: http://dx.doi.org/10.1093/0195130863.003.0002
 The Early Years (1790–1840)

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The development of the NYSE from an outdoor market to the major marketplace in the country. The first major scandal after independence in NY; the role of private individuals in financing the war of 1812; raising cash for canals and turnpikes; and the role of individual traders, mostly in New York, in giving the exchanges a reputation as gambling dens rather than serious places to raise money.

Keywords: curb market; William Duer; government bonds; Alexander Hamilton; infrastructure; NYSE; Panic of 1837; short selling; War of 1812

Chapter.  12824 words.  Illustrated.

Subjects: Economic History

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