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🗓️ 16 September 2024
⏱️ 21 minutes
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September 16, 1920. A horse-drawn wagon explodes in the middle of New York’s financial district, killing 30 people.
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0:00.0 | There are more ways than ever to listen to History Daily ad free. |
0:04.0 | Listen with Wundry Plus in the Wundry app. |
0:06.0 | As a member of Noiser Plus at Noiser.com or in Apple Podcasts, |
0:10.0 | or you can get all of History Daily plus other fantastic history podcasts at into History.com. It's midday on September 16th, 1920 on Wall Street in New York City. |
0:31.0 | 17 year old messenger James Saul steps out of the road as a motor car makes its way down the |
0:37.6 | busy street. |
0:38.9 | James watches the progress of the expensive vehicle with a hint of jealousy. |
0:43.4 | The driver's probably a rich investor, and James doesn't have that kind of money. |
0:48.1 | Instead, he spends his days waiting outside the New York Stock Exchange, hoping to earn a few coins carrying messages between the banks |
0:55.3 | that line Wall Street. |
0:57.4 | More than 50 years ago, the New York Stock Exchange became America's biggest financial |
1:02.1 | marketplace. |
1:03.0 | When rich investors first started meeting there to buy and sell stock, |
1:07.0 | banks scrambled to set up branches that were close to the action. |
1:11.0 | Now, Wall Street is a bustling hub where Americans can gain and |
1:15.0 | lose fortunes in a matter of minutes so speedy messengers like James are vital to |
1:20.0 | keep the system running smoothly. But in between jobs, messengers just have to wait |
1:24.8 | around for someone to enlist their services. A noisy group of brokers exits a stock exchange, |
1:31.6 | and James looks up hopefully, but none of them gives them a |
1:34.3 | second glance. Instead the brokers pause on the sidewalk as a horse-drawn wagon |
1:40.3 | rolls down the street. The wagon stops outside J.P. Morgan's bank, |
1:45.0 | and the driver hops down from his seat and hustles into a side alley. |
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