 | United States. Congress. House. Committee on Banking and Currency - Currency question - 1870 - 502 pages
...trade is concerned. The shock was so universal, not only in America but abroad, that our railroad ami other securities, which before that had been selling...especially in Germany and Holland, have since found bat little market abroad. We have had some of these securities ourselves to offer to the foreign market... | |
 | Horace White - Banks and banking - 1895 - 526 pages
...of currency was drawn from the great channels of industry and held in the grasp of the conspirators. The foundations of business morality were rudely shaken,...traceable to the mad spirit engendered by speculation." Black Friday and its evil consequences were due to the existence of a bad currency and a fluctuating... | |
 | Horace White - Banks and banking - 1896 - 530 pages
...of currency was drawn from the great channels of industry and held in the grasp of the conspirators. The foundations of business morality were rudely shaken,...traceable to the mad spirit engendered by speculation." Black Friday and its evil consequences were due to the existence of a bad currency and a fluctuating... | |
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... or seriously crippled. Importers of foreign goods were for many days at the mercy of gamblers and suffered heavy losses. For many weeks the business of the whole country was paralyzed, a vast volume of currency was drawn from the great channels of... 