Tag: April 1913
Texas Wool Industry Hit with Tariff Blow, Washington D.C., 1913
In a shocking move, President Woodrow Wilson has given in to pressure from Southern sugar planters, agreeing to a duty of one cent a pound on wool imports. The deal, set to take effect next week, is a devastating blow to Texas’s thriving wool industry, which is on the brink of collapse. Related Federal Cases…
James Smith, Market Manipulation, California 2022
In the midst of a 14-day stock market surge, New York’s financial district was rocked by a sudden and disturbing shift in trading activity on April 5, 1913. It began with a massive sell-off of Union Pacific and Amalgamated Copper stocks, which plummeted a point lower as investors scrambled to offload their shares. Can Cotton…
