100 years ago... Logan County and Upper Guyan
NW Mailing List
nw-mailing-list at nwhs.org
Wed Feb 21 07:38:37 EST 2007
---- NW Mailing List <nw-mailing-list at nwhs.org> wrote:
> Were not some of these examples of early 'pump and
> dump' scams, with journalists and newspapers (like in
> the modern era) occasionally unwitting (and
> witting/profiting) vehicles for their promotion?
Probably even more so back then because laws against such practices did not exist or were weak at best. The more you read and study the late 18th and early 19th centuries, the more you learn the great power of the economic booms to build and create and the great miseries caused by the busts (or panics) that most certainly followed. The most recent dot-com bust was just a bump in comparison.
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