The Scarlet Woman of Wall Street: Jay Gould, Jim Fisk, Cornelius Vanderbilt, and the Erie Railway Wars

Starting with the industrial revolution sparked by the steam engine, Gordon ( Overlanding , etc.) chronicles with clarity and wit the evolution of the free-market exchange of the booming post-Civil War era, during which Wall Street became the world's second largest financial center. He focuses on the cutthroat competition and legislative and legal battles for control of New York's regional railways. The Eriethe eponymous Scarlet Womanwas the object of fierce speculation by the notorious confidence man Daniel Drew and such financial tycoons as "Jubilee" Jim Fisk and Gould, the latter's gold speculations having almost single-handedly caused the 1869 panic in the Street. By 1870, as competition for Chicago and Western rail connections became acute, a rate war instigated by Vanderbilt broke out between his New York Central and Erie.