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The Day Wall Street Exploded: A Story of America in Its First Age of Terror
The Day Wall Street Exploded: A Story of America in Its First Age of Terror
The Day Wall Street Exploded: A Story of America in Its First Age of Terror
Audiobook15 hours

The Day Wall Street Exploded: A Story of America in Its First Age of Terror

Written by Beverly Gage

Narrated by Pam Ward

Rating: 4 out of 5 stars

4/5

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About this audiobook

In The Day Wall Street Exploded, Beverly Gage tells the story of a once infamous but now largely forgotten terrorist attack. Based on thousands of pages of Bureau of Investigation reports, this historical detective saga traces the four-year hunt for the perpetrators, a worldwide effort that spread as far as Italy and the new Soviet nation. It also takes listeners back into the decades-long but little-known history of homegrown terrorism that shaped American society a century ago.

The book delves into the lives of victims, suspects, and investigators: world banking power J. P. Morgan, Jr.; labor radical "Big Bill" Haywood; anarchist firebrands Emma Goldman and Luigi Galleani; "America's Sherlock Holmes," William J. Burns; even a young J. Edgar Hoover. It grapples as well with some of the most controversial events of its day, including the rise of the Bureau of Investigation, the federal campaign against immigrant "terrorists," the grassroots effort to define and protect civil liberties, and the establishment of anti-communism as the sine qua non of American politics.

Many Americans saw the destruction of the World Trade Center as the first major terrorist attack on American soil, an act of evil without precedent. The Day Wall Street Exploded reminds us that terror, too, has a history.
LanguageEnglish
Release dateJul 24, 2018
ISBN9781977370174
The Day Wall Street Exploded: A Story of America in Its First Age of Terror
Author

Beverly Gage

Beverly Gage is professor of 20th-century American history at Yale. She is the author of The Day Wall Street Exploded, which examined the history of terrorism in the late 19th and early 20th centuries. She writes for the New York Times, the Washington Post, the New York Times Magazine, and the New Yorker, among other publications.

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Rating: 3.81666676 out of 5 stars
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  • Rating: 3 out of 5 stars
    3/5
    The month of September seems to bring bad luck to New York City. On September 16, 1920, a bomb exploded on Wall Street, outside the J. P. Morgan bank. Thirty-eight people were killed, making it the largest terrorist death toll in the US until Oklahoma City in 1995. The case was never solved; “anarchists” or “Bolsheviks” were usually blamed, although some leftist publications thought it was an explosives transport accident, and there was even a sort of “9/16 Truther” movement, claiming that the bomb had been planted by the government to give an excuse to crack down on the labor movement or by a detective agency to get publicity.The Day Wall Street Exploded author Beverly Gage is a Yale history professor; her approach focuses on the personalities involved. These include the Morgan banking family, particularly Junius Spencer Morgan, who was actually present at the bank when the bombing occurred; American radicals Johann Most, Emma Goldman, Alexander Berkman, and William “Big Bill” Heywood; and government officials William Flynn (head of the Bureau of Investigation, not yet called the FBI, under the Wilson administration), Wilson’s Attorney General Alexander Mitchell Palmer, New York City police commissioners Arthur Woods and Richard Enright, and William J. Burns, head of the Burns Detective Agency when the bombing occurred and later Bureau of Investigation chief during the Harding administration, and a relatively minor but diligent BOI employee named J. Edgar Hoover.None of the people profiled by Gage come across as particularly appealing. The New York City police department seems to have been the most competent of the agencies involved, piecing together the fragments of the horse-drawn wagon that had carried the bomb and identifying the farrier who had last shoed the now fragmented horse (but they also allowed the street to be cleaned quickly, flushing potential clues into the sewers). The Bureau of Investigation initially took jurisdiction because the bombing had damaged the US Customs Office across the street from the Morgan bank; BOI heads Flynn and, latter, Burns seem to have quickly concluded that Italian anarchists (Flynn) or Russian Bolsheviks (Burns) were responsible and focused investigations there, without any success. The BOI was handicapped in that it didn’t have any Italian- or Russian-speaking agents and therefore had to depend on hired informants, one of whom (William Linde) “gamed” Burns into believing he was making progress. The Bureau sometimes showed a level of cluelessness reminiscent of later attempts to infiltrate antiwar groups in the Vietnam era; Bureau agents thought an appropriate disguise for going to labor meetings was brand new overalls. The various labor radicals come across as being perfectly willing to advocate “direct action” in speeches but disavowing it when confronted with the results. Amusingly enough, they also showed a degree of disassociation from reality, choosing a rural location for a meeting presumably under the impression that the yokels wouldn’t find a few dozen urbanites with foreign accents showing up in town at all unusual. And, if the bombing was intended as a strike against American capitalists, it was a dismal failure; the victims were mostly clerks and stenographers and messenger boys, not bankers.Gage herself doesn’t commit to any theory about responsibility for the bombing, which is frustrating; then again she’s a historian studying the event rather than someone trying to make a case for a particular perpetrator. She doesn’t give any credence to the government provocation idea, other than noting that various radical publications advocated it (although she does note that one of the people who benefit most from the bombing was J. Edgar Hoover). The accident theory gets a little more attention; she’s located various claims that explosive suppliers routinely moved cargoes through New York City (which was illegal during daylight hours) and comments that blasting for construction was going on nearby – without making any further suggestions. The initial reports of the bombing suggested the wagon had been loaded with cut-up sash weights as shrapnel; backers of the “accident” theory claimed these were just miscellaneous metal debris, perhaps from the wagon. Her last chapter mentions the theory of historian Paul Avrich, who identified the attack as a terrorist bombing, the bomber as Italian anarchist Mario Buda, and the motive as revenge for the arrest of Nicola Sacco and Bartolomeo Vanzetti for murder. Avrich noted that case against Buda is circumstantial; he was known to be an anarchist bomb maker, he was known to have used sash weights in bombs, he was in New York City at the time of the bombing, and he was an associate of Sacco and Vanzetti.Gage comments that the bombing faded surprisingly quickly from American memory. There’s no historical marker at the site, although the stone façade of the bank still has jagged scars. She reports considerable difficulty gathering material for her book; the New York Police Department historical files had no useful information, and while FBI records were voluminous they were heavily redacted and photocopies of faded originals were difficult to read.The book is interesting, but it’s an academic work, not a thrilling page-turner. The lack of a conclusion or even a summary of the evidence for and against each theory is frustrating. Extensive endnotes and bibliography; photographs of the scene and the interested parties.
  • Rating: 5 out of 5 stars
    5/5
    September 11, 2001 is a day no American will forget, especially if you lived in the city of New York. That is what we all say and believe when these horrible acts happen. But how many remember the terrorist bombing on Wall Street that happened in 1920. It is in our nature to forget the bad and put it out of our mind, even if it takes a century to do so. Since the invention of dynamite there has always been acts of terror by anarchist that have done great damage to large amounts of people and property. Of course terrorism in one form or another has always existed in every situation, but dynamite allowed a "common man" to do a great deal of damage. So yes we do forget these horrible events and are forced too relive history. Though this book starts off with the 1920 Wall Street Bombing and the not so thorough investigation of the bombing is an ongoing theme for the book. The author has really chosen to use this large bombing to write social structure of the anarchist against every government in the world and communist parties against the U.S Government all with the socialist trying to not be associated with there violent actions and stay a viable political party. And shows how most of the anarchist where originally deported from Russia and Europe to the Land of the Free through New York.New York then as now is considered the heart, even if symbolically, of Capitalism. So that seems to always be the target of terrorist when they feel they want to strike at the U.S.A. Regardless of year. It shows then as now politicians tried to use this tragedy where we have the loss of innocent lives for political gain.Gage does a very thorough job on relating the history of terrorism in the United States that occurred in the late 1800's that that lead up to the 1920 Wall Street bombing. I feel I should tell you I love reading history books and found this one quite compelling. Though she is writing about a complex event that took place almost a century ago it read as if we were following the events in real time. She goes into some great detail though I am sorry to say many references had to come from News paper clippings; and as we know all papers have their own agenda. As is needed in this kind of book, the author has gone to great extent to document her book with footnotes. I would expect no less from any history book from Oxford Press.I enjoyed reading this work of good scholarly writing. But if you are not use to reading books by historians you may find it a little hard to read. And though the book is about the bombing and the investigation, it could be subtitled 'A Study of the Socialist and Anarchist movement in the early part of the 20th century'. All in all I enjoyed the book and its attention to detail.
  • Rating: 4 out of 5 stars
    4/5
    Anarchists, Terror, and Class Warfare This is a highly readable, thoroughly engaging book about one of the more important movements and suppressed memories in US history. Class warfare is usually relegated to the European context, but as Beverly Gage shows, it was comprehensive and pervasive in the first quarter of the 20th century.Free of academic jargon and social science babble, Gage is a great story-teller chronologically detailing the events that lead up to the bombing, the investigation, and the aftermath. Throughout, are wonderful anecdotes about the McNamara affair in Los Angeles, wobblies in the pacific northwest, and the follies of investigators who made a mockery of the justice system.If you enjoyed Mike Davis's book "Buda's Wagon", you'll enjoy this more in-depth well-researched thesis turned book about one of the lesser known events in US history.