harpers

Caption: Justice on the Rail--Erie Railroad (Ring) Smash Up

Source/Date: Harper's Weekly, March 30, 1872

Ultimate Source(if different):

Creator: Thomas Nast

Remarks: The Erie ring was a stock manipulation operation that involved at various times Jay Gould, Jim Fisk, Daniel Drew and Cornelius Vanderbilt as well as the New York courts and legislature. Two of the men in the cartoon are Jay Gould and Judge Barnard; I cannot identify the third. The writing on the waiting train is also obscure. For details on the Erie ring Charles Francis Adams and Henry Adams, Chapters of Erie is still the classic. A modern assessment is John Steele Gordon, The Scarlet Woman of Wall Street.

Keywords: Financial markets; Political influence