100 years ago... Logan County and Upper Guyan

[NW Mailing List]

---- NW Mailing List <nw-mailing-list at nwhs.org> wrote: 

> Were not some of these examples of early 'pump and

> dump' scams, with journalists and newspapers (like in

> the modern era) occasionally unwitting (and

> witting/profiting) vehicles for their promotion?

> 


Most certainly! 

Probably even more so back then because laws against such practices did not exist or were weak at best. The more you read and study the late 18th and early 19th centuries, the more you learn the great power of the economic booms to build and create and the great miseries caused by the busts (or panics) that most certainly followed. The most recent dot-com bust was just a bump in comparison.

Ron Davis