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Poem November 11, 1857

The Nevada Democrat

Nevada City, Nevada County, California

What is this article about?

Satirical song from the New York Evening Post portraying the 1837 financial panic: speculators, merchants, and bankers chase loans in vain amid stock crashes, tight credit, and widespread misery on the streets.

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Full Text

From the New York Evening Post

Song of the Street

Chasing 'round the corner

Chasing every thread

Hail! ye, plunging into bank

Ah! ye! Nothing there to lend

Gentlemen;

The only begging

Of every man you meet.

Sir! Ah! Bless me! This is pleasant,

We are shunning

The street

Yes, sir!

Merchants very short

Now! Ah! Rubbing neck and neck

Want to keep superior

Ah! Praying for a check!

At it is! Ah! Dabbling in stocks,

Sick! Ah! Blue as blue and

Miss! Ah! Evidently wishing

Oh, yes sir! They were

Ney

Day! Try!

Ah! You

All our splendid railroads

Got such dreadful knocks

Twenty thousand Bulls

Couldn't raise their stocks!

Many of the Bears

In the trouble sharing,

Now begin to feel

They've been over-bearing

Risky speculators

Tumbling with the shock

Never mind stopping

More than any clock!

Still they give big dinners,

Smoke and drink and sup,

Going all the better

For a winding up.

Banking institutions,

Companies of 'trust,'

With other people's money

Go off on a bust!

Houses of long standing

Crumbling in a night

With so many 'number'

No wonder money's tight!

Gentlemen of means—

Having lots to spend—

Have a little sympathy,

Nothing left to lend!

Gentlemen in want—

Willing to pay double—

Find they can borrow

Nothing now but trouble!

Half a dozen men of business

Wanting an extension,

While nearly all the others

Contemplate suspension!

Many of them though,

Don't appear to dread it,

Every cent they owe

Is so much to their credit!

Brokers all are breaking,

Credit all is cracked;

Women all expanding

At the banks contract!

Panic still increasing—

Where will the trouble end,

While all hands want to borrow,

And nobody can lend?

Running 'round the corners,

Trying every source,

Asking at the banks:

Nothing there, of course!

Money getting lighter,

Misery complete—

Bless me! This is pleasant

Shinning on the street!

What sub-type of article is it?

Satire Song

What themes does it cover?

Commerce Trade Satire Society Political

What keywords are associated?

Financial Panic Stock Market Banking Crisis Speculators Credit Crunch Wall Street Satire

Poem Details

Title

Song Of The Street

Subject

Financial Panic And Credit Crisis

Form / Style

Rhymed Stanzas

Key Lines

Panic Still Increasing— Where Will The Trouble End, While All Hands Want To Borrow, And Nobody Can Lend? Gentlemen Of Means— Having Lots To Spend— Have A Little Sympathy, Nothing Left To Lend! Brokers All Are Breaking, Credit All Is Cracked; Women All Expanding At The Banks Contract! Money Getting Lighter, Misery Complete— Bless Me! This Is Pleasant Shinning On The Street!

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