The Early Years (1790–1840)
The Early Years (1790–1840)
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
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