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Show I I TODAY IN HISTORY SATURDAY, SEPTEMBER 24, 1910- Black Friday. Black Friday la tho name applied to two dlsastrouo days In the financial history his-tory or tho United States. Tho most important im-portant of these was the panic caiisod on Wall ntrcet, New York, by the efforts of Kick and Gould to comer the gold market, cold rlslnc to IG:i l-Ii on September Septem-ber '-'I, 1860. The other Iilack Friday oc curred on September 19, 1573, m ino r-cw York ittock exchange, which wasfollowcd by the widespread "panic of lS7o. A leading newspaper of the country, on the day following iho Black Kritbiy on Wall slreet, said: "Not, even in tho wlld-ct wlld-ct days of tho war excitement did gold, the barometer of tho market, rise and plunge and fall as yesterday. The full list of the dead and wounded, the. broken and tho lamed, we shall probably not hriyc completed until this evening. Meanwhile, the forbearance on the part of creditors Is not only charity but a duty." Tho panic In gold had boon coming on for several days, hut no one had anticipated antici-pated such a condition as actually befell the markot on that eventful Friday. Gold had been gradually pushed up, and every ono was wondering what would he the outcome of the day. At D a. m. the bidding bid-ding began. On the street gold was offered of-fered at 115 and va:i Instantly snapped lin. Tllft lnl liervj ItK- hllfnKplV G.VClted. and men grew nervous. Upward it began soaring, ft remained standing at 150 for a considerable lime. It was not until 11 o'clock that the monotony wa3 broken 150i wan bid. A hundred fists were shaken shak-en at each other over the little fountain, and an Infernal series of yells filled the room. To an outsider it was impossible to distinguish a bid or an offer. The "bulls" had now begun their grand charge. They swept the "benrs" before them like chaff. From inoa the metal suddenly Jumped to InoL This was unprecedented- Men began be-gan to rave and shriek like mad dogs. Thoy rushed about the little fountain In paroxysms of fury. Within fifteen minutes min-utes the premium was forced up to 1624. and still going up. Eventually selling began, and ihc crash' came. Then Iho rumor reached the street that President Grant had ordered Botitwell, the secretary of the treasury, to sell the gold fifty millions. If necessary. Away went tho market In another grand crash, and never recovered until It touched I"3. The bulls were ruined men and were maddened. mad-dened. Albert Speyer, one of their leaders, lead-ers, grew crazy. His eyes aromed fixed In despair. He spoke to his friends In a husky voice, and rushed about the little fountain as if in terror. At Icnsrth he raised his hand and shouted hoarsely to tho heated, struggling mass before him. This extraordinary spectacle nearly silenced si-lenced the operators. In a few words Speyer accused some unknown person of attempting to assassinate him. "Ho Is after me now with a knife," shrinked Speyer. "Look, look!" he exclaimed. Don"t you see the knife?" An It was evident he was crazed, ho was placed In a carriage by his friends and sent home. Mr. Speyer was not the only. one made momentarily crazy. Several of tho members mem-bers of the board afterward confessed that under the undue excitement they felt their minds giving was". Still further down went the market, until un-til finally the stock x change, was deserted. desert-ed. The full force had been spent, the battle was over, and the greatest day Wall Gtreet had or has over seen was brought to a close. A large number of big firms were bnnkrupt. Conditions were alarming. Tho big hotels of the city that night presented such an appearance of excitement as they have never experienced experi-enced before or since. The national guard of the state was requested to keep Itself In readiness to proceed to Wall street if necessary. This was not necessary. The full force of the conflict had been spent on Friday and the wrecked, as well as the wreckers, wore speechless. Saturday Wall street and the stock exchange was In peaceful solitude. soli-tude. Although the streets were crowded, but little business was transacted, and tho Great Black Friday Iu American finances had passed into history. On September 2-1. 176S. occurred tho treaty of Fort Stanwlx with the Indians. Today In the birthday of John Marshall, tho eminent Jurist (1755); Zachary Tav-lor. Tav-lor. twelfth presldenL of the United States (ITS'!); John C. Stevens, vachts-: vachts-: man (1785); Richard II. Wilde, statesman states-man and poet (1789); Charles Steedman. distinguished naval officer (1SU); Henry W, Slocum. statesman and soldier (1S27); William O- Stoddard, author (1833); and Mark A. Hanna, the Republican leader (18.1i). It is tho date of the death of Pepin, king of France (768), and Samuel Butler, the author of "iiudibras" (1680). staff of American Fork, and Rcadlclc N. Allred of Chester. Sanpete county, .lo slxtv days and $50 line each: all for unlawful cohabitation. Lars Frdndseri. of Piute county, jvnH sen-loncod sen-loncod to fix months' Imprisonment for alleged bigamy. Menry Hamilton. Joseph Lunceford. Silas G. lIlgglnH. William II. Drlnghural. Marcus Funk, John Tanner and Hyrum S Church wore discharged from the peniton- 1SS3 "ny'th'i first dlalrlct court al Provo. the following named Mormons were sentenced hv Judge Judd, as follows: ChaiiCK Jen'so. of Kooshurcm. to five months' Imprisonment and S200 lino, for adultery; Jens L. Bruun. or K'ch-field. K'ch-field. to .levcn months, for adultery; Hans C. Nielsen, of Sallna to live monthtf and $200"firfc', for unlawful cohabitation; co-habitation; John- Quarnberg, of Sclplo, to six months, for adultery; Mols Anderson, An-derson, or Kphrnim. to hovnly-lve duvs. for unlawful cohabitation . Peter Ahlstrom. of Mnnll. to sevbnty-llve sevbnty-llve davs. for unlawful cohabitation; Thomas Johnson. Of Glenuood, to six moutha, for adultery; Jens C. Jorgon-sen. Jorgon-sen. of Redmund. to firty-fivc days. Ellas A. Beckstrond. Of Meadow Creek: to eighty-live days, and Peter r- Qulst. cfTfTr25 d 1100 fli1 M h )J 1890co,'ablta,lnn" " 1S90 a manlfe-wn .. t WilfordToo, ?s ,W monn were , " ntrctinc , ?t"J "l073 lie lnwi t ? yard hullrllnVs at Lana' fi 1 snnh,m(lr0(l n i of JtftfQ m1 1893 Gustavo Mew "J1 torsi 1300-Lon AnVl'C,JT fiS 1002o-?lcffl tarium ai l v! '1 ri lOO.ubllcni, -Mmth- ' 1908 Hk IrrKitlnn - |
