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This is not the New York Stock Exchange, it is the patronage exchange, called U.S. Senate / J.A. Wales.

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This is not the New York Stock Exchange, it is the patronage exchange, called U.S. Senate / J.A. Wales.

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Summary

Senators holding papers "patronage," "sold out," and "New York quotations," with T.C. Platt handcuffed to man on left, who is handing "orders of the boss" to Chester Arthur.
Illus. in: Puck, v. 9, 1881 April 13, pp. 96-97.

Chester Alan Arthur (October 5, 1829 – November 18, 1886) was an American attorney and politician who served as the 21st President of the United States (1881–85). He succeeded James A. Garfield upon the latter's assassination. The son of a Baptist preacher who had emigrated from northern Ireland, Arthur was born in Fairfield, Vermont, in 1829. He was graduated from Union College in 1848, taught school, was admitted to the bar, and practiced law in New York City. Early in the Civil War he served as Quartermaster General of the State of New York. Suffering from poor health, he retired at the close of his term. Journalist Alexander McClure later wrote, "No man ever entered the Presidency so profoundly and widely distrusted as Chester Alan Arthur, and no one ever retired ... more generally respected, alike by political friend and foe." He earned praise among contemporaries for his solid performance in office. The New York World summed up Arthur's presidency at his death in 1886: "No duty was neglected in his administration, and no adventurous project alarmed the nation." "I may be president of the United States, but my private life is nobody's damned business."

A stock exchange or bourse is a place where brokers and traders can buy and sell stocks, bonds, and other securities, It's history begins with Dutch East India Company, and icludes Amsterdam, Paris, London, New York, Hong Kong.

Wall Street in Lower Manhattan is one of the most famous streets in the world, known for its role in the international financial system. Wall Street is the symbolic and geographic center of American capitalism. Geographically, Wall Street is the center of Manhattan's financial district. It runs east/west for eight blocks from Broadway to South Street. The Street ran along a physical wall built by Dutch settlers when New York was still a Dutch Colony. Then-Governor Peter Stuyvesant ordered a 10-foot wooden wall that protected the lower peninsula from the British and Native Americans. It later became a street bazaar where traders met under a now-famous buttonwood tree. New York Stock Exchange is located on 11 Wall Street. History Of The New York Stock Exchange The NYSE was founded 17 May 1792 when 24 stockbrokers signed the Buttonwood Agreement on Wall Street in New York City. Other businesses: The New York Federal Reserve Bank is at 33 Liberty Street, in close proximity to the Stock Exchange. The NASDAQ OMX is on 1 Liberty Place. Goldman Sachs is at 200 West Street, and JPMorgan Chase is at 200 Park Avenue. The NYMEX is at One North End Avenue in the World Financial Center. Wall Street Journal is at 1211 Avenue of the Americas.

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Date

01/01/1881
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Contributors

Wales, James Albert, 1852-1886, artist
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Source

Library of Congress
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No known restrictions on publication.

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arthur chester alan