Chapters of Erie is a classic account of ruthless business practices in nineteenth-century America-in particular, Jay Gould and James Fisk's successful effort to gain control of the Erie Railroad in 1868 and subsequent attempt to corner the American gold market, which resulted in the "Black Friday" panic of September 24, 1869. Seizing upon the opportunity provided by the scandals to expose the links between financial malpractice on Wall Street and political favoritism and corruption, Henry Adams and his older brother Charles Francis Adams, Jr., traveled to New York and Washington to interview...
Chapters of Erie is a classic account of ruthless business practices in nineteenth-century America-in particular, Jay Gould and James Fisk's successfu...