This week in history features the birth of an American icon, one that shows just how far we were willing to go to get the latest news in the middle of the 19th century.
April 3, 1860
In today’s fast-paced world of the New York Stock Exchange, where fortunes are made and lost in mere fractions of a second, instantaneous communication is imperative.
It is almost inconceivable to think that businesses of any kind could operate without modern conveniences: phones, computers and automobiles.
So integrated into our lives have these technologies become that we have literally built our existence around them. To do without them on a large scale is simply impossible. I dare you to approach a trader on Wall Street and tell him he can only use snail mail to communicate with his clients. That wolf of Wall Street would become a simpering sheep in a heartbeat.