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Once in Golconda: A True Drama of Wall Street 1920–1938 by John Brooks

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Chapter Five

Things Fall Apart

I

The perfect public forum for the mighty of finance was the transatlantic shipboard interview. In those times an annual summer trip to Europe, combining business with pleasure, was considered all but de rigueur in the upper reaches of Wall Street, and in the absence of transatlantic air service an ocean liner was the way of getting there. The appearance of a powerful man’s name on a passenger list was just about the only routine occasion for advance public disclosure of his whereabouts, and probable ready availability to reporters, at any given time. Thus each June and July, as the advance of summer gradually converted the city into a caldron that would steam intermittently until Labor Day or after and the North ...

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