Sunday, March 14, 2010
Terror on Wall Street
The blog spent much of its Spring Break in New York City. It was a busy time, but on a Wednesday morning visit to the New York Stock Exchange the blog learned a little history: the events that occurred at noon on Thursday, September 16, 1920. Wall Street ran red with blood. A single horse leg was splayed across the steps of one building. A woman's head, still wearing a hat, was stuck to the wall of another. A fatally wounded messenger pleaded for someone to deliver his securities. Thirty people were killed instantly: messengers, stenographers, clerks and brokers. Thomas Joyce, the chief Morgan clerk, died at his desk. Three hundred more were injured, among them Junius Morgan, Jack Morgan's son.A bell rang out on the floor of the exchange, which halted trading -- the first time trading had ever been halted by violence. This passage is from a vivid account by Daniel Gross published in TheStreet.com on September 20, 2001. The planners of the "applecart attack" (the dynamite was concealed in an applecart parked about 100 feet west of the intersection of Wall and Broad Streets) were never apprehended. The Exchange opened at the usual time the next morning. The blog refrains from drawing the obvious parallels between the events of 1920 and 2001. The photos show Jon standing at the famous intersection (in front of the New York Stock Exchange), the historical marker in front of the Morgan Building, and some of the damage caused by the dynamite.
Posted by S. E. Fahrbach at 8:37 AM