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Wall Street, 13th October 1857 (oil on canvas)

Wall Street, 13th October 1857 (oil on canvas)


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Wall Street, 13th October 1857 (oil on canvas)

MNY87937 Wall Street, 13th October 1857 (oil on canvas) by Cafferty, J.H.(1819-69) & Rosenburg, C.(fl.1852-66); Museum of the City of New York, USA; (add.info.: view along Wall Street looking west from William Street to Broadway, Trinity Church, Bank of America on right; The Panic of 1857; ); eMuseum of the City of New York; American, out of copyright

Media ID 22606570

© Museum of the City of New York / Bridgeman Images

Banking Crisis Business Coach Finance Insurance Manhattan Stockbroker Traders


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Wall Street, 13th October 1857

EDITORS COMMENTS
captures a pivotal moment in American history through the masterful strokes of artists J. H. Cafferty and C. Rosenburg. This oil on canvas print, housed at the Museum of the City of New York, transports us back to a bustling Wall Street during one of its darkest hours. The painting presents a view along Wall Street, stretching west from William Street to Broadway. Trinity Church stands tall in the distance while Bank of America dominates the right side of the composition. The scene is filled with an air of tension and anxiety as it depicts "The Panic of 1857" a devastating banking crisis that shook the nation's financial core. Amidst this chaos, we see stockbrokers and traders frantically engaging in business transactions while crowds gather around them. A horse-drawn coach passes by, symbolizing both wealth and mobility in this era. Men donning top hats dominate the scene but are accompanied by women and children who are also affected by these turbulent times. Notably present is Cornelius Vanderbilt, one of America's most influential businessmen at that time. His presence serves as a reminder that even those at great heights were not immune to economic upheaval. Through this painting, we witness not only a snapshot into New York City's past but also gain insight into how finance and commerce have shaped our society throughout history.

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