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The E-Sylum: Volume 6, Number 2, January 12, 2003, Article 12 MUSEUM OF FINANCIAL HISTORY Joel Orosz points out "an interesting article on a little-known museum with significant numismatic content." The article by Ralph Blumenthal titled "Museum Explores Capitalism's Feats and Follies" was published January 6, 2003. Here's an excerpt. To access the full article, see the link below. "What would John D. Rockefeller say? In the basement of his Standard Oil Building, just steps from Wall Street, where the Museum of American Financial History celebrates the wonders of capitalism, an exhibit wall is papered with gaily colored stock certificates carrying names like Enron, WorldCom and ImClone Systems. It's the dark side of the American dream. But the dot-com debacles and infamous bankruptcies of the infant millennium are as much part of the nation's financial heritage as scandals of the past and the stock market crash of 1929, says the museum, an affiliate of the Smithsonian Institution. Exhibits about that Black October Friday that ushered in the Great Depression, and accouterments like the plunging ticker tape record, have long been the biggest draw of this low-profile and literally underground museum, in its 15th year at 28 Broadway, where Rockefeller first moved into a smaller building in 1883, on same the site where Alexander Hamilton's law office once stood." "The stock certificates are on display until Feb. 28. Other ] exhibits now at the museum include one of the four remaining largest bills ever issued by the United States: a $100,000 gold note issued in 1934 and depicting Woodrow Wilson. It was used for monetary transfers between Federal Reserve banks." "Another exhibit displays an exquisite palette of high- denomination bills issued by other countries during periods of runaway inflation, including, from Germany between the world wars, a trillion-mark note." http://www.nytimes.com/2003/01/06/arts/design/06MUSE.html Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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