This week on The Historians Podcast, regular New York Almanack contributor Jim Kaplan has the story of the Buttonwood Agreement, the founding document of the New York Stock Exchange.
Kaplan says “Many New Yorkers, and many Americans generally, consider Wall Street to be the world’s most famous and important street. Many tourists are surprised to find that Wall Street, once described as a short street with the river at one end and a Church at the other, is only seven blocks long.”
An agreement named for a buttonwood tree growing on Wall Street in the 18th century helped insure the success of the stock exchange. Kaplan says, “Wall Street today has come to symbolize a critical part of New York City and America related to finance.”
An attorney and historian, Kaplan is author of a multi-part series on the history of Wall Street published in the New York Almanack.
You can listen to the podcast here.
You will find more podcasts and stories at bobcudmore.com.
For a full list of this week’s New York Almanack podcasts announcements click HERE.
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