“CORNERS” AND THEIR EFFECT ON VALUES.

The Senate Committee on “Corners” and 95
“Futures.”—Speculation Beneficial to the Country at
Large.—A Regulator of Values, and an Important Agent
in the Prevention of Panics.-“Corners” in all kinds
of Business.—How A. T. Stewart made “Corners.”—All
Importing Firms deal in “Futures.”—Legislation
Against “Corners” would stop Enterprise and cause
Stagnation in Business.—Only the Conspirators
themselves get hurt in “Corners.”—The Black Friday
“Corner.”—Speculation in Grain Beneficial to
Consumers

THE COMMODORE’S “CORNERS.”

The Great Hudson “Corner.”—Commodore Vanderbilt the 107
“Boss” of the Situation.—The “Corner” Forced upon
Him.—How he Managed the Trick of getting the Bears to
“Turn” the Stock, and then caught them.—His able
Device of Unloading while Forcing the Bears to Cover
at High Figures.—The Harlem “Corner.”—The Common
Council Betrayed the Commodore, but were Caught in
their own Trap, and Lost Millions.—The Legislature
Attempt the same Game, and meet with a Similar Fate

DANIEL DREW.

Drew, like Vanderbilt, an Example of Great Success 117
without Education.—Controlled more Ready Cash than
any man in America.—Drew goes Down as Gould
Rises.-“His Touch is Death.”—Prediction of Drew’s
Fall.—His Thirteen Millions Vanish.—How he caught the
Operators in “Oshkosh” by the Handkerchief Trick.—The
Beginning of “Uncle Daniel’s” Troubles.—The
Convertible Bond Trick.—The “Corner” of
1866.—Millions Lost and Won in a Day.—Interesting
Anecdote of the Youth who Speculated outside the
Pool, and was Fed by Drew’s Brokers

DREW AND VANDERBILT.

Vanderbilt Essays to Swallow Erie, and Has a Narrow 127
Escape from Choking.—He Tries to make Drew Commit
Financial Suicide.—Manipulating the Stock Market and
the Law Courts at the Same Time.—Attempts to “Tie Up”
the Hands of Drew.—Manufacturing Bonds with the Erie
Paper Mill and Printing Press.—Fisk Steals the Books
and Evades the Injunction.—Drew Throws Fifty Thousand
Shares on the Market and Defeats the Commodore.—The
“Corner” is Broken and Becomes a
Boomerang.—Vanderbilt’s Fury Knows no Bounds.—In his
Rage he Applies to the Courts.—The Clique’s
Inglorious Flight to Jersey City.—Drew Crosses the
Ferry with Seven Millions of Vanderbilt’s Money.—The
Commodore’s Attempt to Reach the Refugees.—A
Detective Bribes a Waiter at Taylor’s Hotel, who
Delivers the Commodore’s Letter, which Brings Drew to
Terms.—Senator Mattoon gets on the right side of Both
Parties