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American History Tellers

History Daily: The Wall Street Bombing

American History Tellers

Wondery

Society & Culture, Kids & Family, History, Education For Kids

4.718.3K Ratings

🗓️ 16 September 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

September 16, 1920. A horse-drawn wagon explodes in the middle of New York’s financial district, killing 30 people.


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History Daily is a co-production of Airship and Noiser.

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Transcript

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0:00.0

Wunderry Plus subscribers can binge new seasons of American history tellers early and

0:05.1

ad free right now.

0:06.6

Join Wundery Plus in the Wundery app or on Apple Podcasts. It's midday on September 16th, 1920 on Wall Street in New York City.

0:26.0

17-year-old messenger James Saul steps out of the road as a motor car makes its way down the

0:31.3

busy street. James watches the progress of the expensive

0:35.0

vehicle with a hint of jealousy. The driver is probably a rich investor and James

0:39.9

doesn't have that kind of money. Instead he spends his days waiting outside the New York

0:44.3

stock exchange hoping to earn a few coins carrying messages between the banks that line

0:49.5

Wall Street. More than 50 years ago the New York Stock Exchange became America's biggest financial marketplace.

0:57.0

When rich investors first started meeting there to buy and sell stock,

1:01.0

banks scrambled to set up branches that were close to the action.

1:05.0

Now Wall Street is a bustling hub where Americans can gain and lose fortunes in a matter of

1:10.5

minutes, so speedy messengers like James are vital to keep a system running smoothly.

1:16.0

But in between jobs, messengers just have to wait around for someone to enlist their services.

1:21.8

A noisy group of brokers exits a stock exchange and James

1:25.6

looks up hopefully but none of them gives them a second glance. Instead the

1:30.7

brokers pause on the sidewalk as a horse-drawn wagon rolls down the street.

1:35.7

The wagon stops outside J.P. Morgan's bank, and the driver hops down from his seat and hustles

1:41.0

into a side alley. The wagon is blocking an intersection

1:44.7

though and traffic can't get past. James wonders if the driver's been caught

1:49.0

short and needs to relieve himself. That's all well and good, but his abandoned wagon is quickly

1:54.7

turning Wall Street into a log jam. James is just turning away, shaking his head at

...

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