He
consumed his share of the lunch with the greatest possible pleasure.
Then, as soon as he had finished, he went to the cigar counter and
purchased cigars. As we walked to keep the appointment he gave me the
following reminiscence: When he left Boston and decided to come to New
York he had only money enough for the trip. After leaving the boat his
first thought was of breakfast; but he was without money to obtain it.
However, in passing a wholesale tea-house he saw a man tasting tea, so
he went in and asked the 'taster' if he might have some of the tea. This
the man gave him, and thus he obtained his first breakfast in New York.
He knew a telegraph operator here, and on him he depended for a loan to
tide him over until such time as he should secure a position. During the
day he succeeded in locating this operator, but found that he also was
out of a job, and that the best he could do was to loan him one dollar,
which he did. This small sum of money represented both food and lodging
until such time as work could be obtained. Edison said that as the
result of the time consumed and the exercise in walking while he found
his friend, he was extremely hungry, and that he gave most serious
consideration as to what he should buy in the way of food, and what
particular kind of food would be most satisfying and filling. The result
was that at Smith & McNell's he decided on apple dumplings and a cup
of coffee, than which he never ate anything more appetizing. It was not
long before he was at work and was able to live in a normal manner."
During the Civil War, with its enormous increase in the national debt
and the volume of paper money, gold had gone to a high premium; and, as
ever, by its fluctuations in price the value of all other commodities
was determined. This led to the creation of a "Gold Room" in Wall
Street, where the precious metal could be dealt in; while for dealings
in stocks there also existed the "Regular Board," the "Open Board," and
the "Long Room." Devoted to one, but the leading object of speculation,
the "Gold Room" was the very focus of all the financial and gambling
activity of the time, and its quotations governed trade and commerce.
At first notations in chalk on a blackboard sufficed, but seeing their
inadequacy, Dr. S. S. Laws, vice-president and actual presiding officer
of the Gold Exchange, devised and introduced what was popularly known
as the "gold indicator." This exhibited merely the prevailing pr
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