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Tuesday, June 22, 2025

Humors of the Great Wall Street Panic, 1873: Wall Street Frauds Make Wonderful Cartoons, Part 45

From the September 26, 2025 issue of the (New York) Daily Graphic, comes Humors of the Great Wall Street Panic, by C.J. Taylor.

One of our two favorite latter 19th century stock manipulators — Jay Gould — is prominent amongst the targets here again. The top left cartoon shows a man running forward, pistols out. He passes a friend who asks him, “What are digging for?” To which he replies, “I’m digging for Gould!” Meanwhile, top center, perched atop the doorwayof the Union Trust Company, is a vulture sitting upon two skulls. The vulture is identified as “Jay Ghoul-d“. On the doorway of the Union Trust Company, is posted: “Closed in consequence of the death of honesty in the family.” Also, bankers are shown hopping trains and steam ships, with large luggage bags (implied, containing the depositors’ money). And in one ray of hope we’ll likely not see, a “Retired Broker” is shown wearing prison stripes, breaking rocks.

Click on picture, to see an enlarged version.

Click here to find prior Wall Street Frauds Make Wonderful Cartoons entries, and related I.T.C.H. posts. This series will continue, so long as the debate on financial reforms continues in Congress (except Mondays and holidays, during which I’d already had other material planned).

Doug Wheeler

financial reform NYDailyGraphic


Doug

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