CHAPTER XI.

THE NEW YORK STOCK EXCHANGE. HISTORY OF THE ORGANIZATION FOR NINETY-FOUR YEARS.—FROM A BUTTON-WOOD TREE TO A PALACE COSTING MILLIONS OF DOLLARS.—ENORMOUS GROWTH AND DEVELOPMENT OF THE BUSINESS.—HOW THE PRESENT STOCK EXCHANGE WAS FORMED BY THE CONSOLIDATION OF OTHER FINANCIAL BODIES.—PATRIOTIC ACTION DURING THE WAR PERIOD.—REMINISCENCES OF MEN AND EVENTS. The New York Stock Exchange is not a building, as people generally suppose. It is an Association of brokers united, but not incorporated by law, fo…