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Fifty Years in Wall Street by Henry Clews

by Henry Clews

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No one wrote the age of robber barons from closer quarters. Henry Clews arrived on Wall Street in the year of the 1857 panic and watched the great bulls and bears of American finance for half a century — now he tells the whole story.

Description

Henry Clews came to Wall Street on the heels of the panic of 1857 — the ‘Western blizzard’ that wiped out one great house after another — and stayed for fifty years of the most dramatic era American finance has ever seen. This is the memoir of that career: the booms and panics, the corners and manipulations, the private lending houses and public works, and the towering personalities who made or broke fortunes before the eyes of the world.

Clews was at once intimate and shrewd, a banker who knew every spectacular figure of the age and was not afraid to judge them. He tells, among much else, the true story of Black Friday as he insistently maintains it has never been told before. Written to delight rather than instruct, the book is indispensable — one of the great first-hand documents of Gilded Age capitalism.

Why readers still come back to it

  • A half-century of American finance from a banker at the centre
  • First-hand anecdotes of the age’s great financiers and speculators
  • The classic ground-level account of panics, booms, and Black Friday

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