Terror on Wall Street

On 16 September 1920, throngs of brokers, clerks, and office workers poured from the buildings lining New York City’s Wall Street as a nearby church bell struck twelve o’clock. The narrow cobblestone street became a river of sputtering automobiles and scurrying pedestrians as the financial district employees set out to make the most of their mid-day break.

Traveling opposite the egressing crowds, an elderly bay horse plodded along Wall Street pulling a nondescript wagon and a driver. The cart came to a stop just around the corner from the New York Stock Exchange (NYSE), across the street from the imposing JP Morgan & Co. bank building. The wagon’s driver cast the reins aside, leaped from his perch, and fled from the street with conspicuous haste. As the lunch-going men and women shuffled past the parked wooden cart and its patiently waiting horse, a timer within the cargo compartment quietly counted off its final few seconds.