Phil Andrade
London
UK
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Posts: 5452
Joined: 2004
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May 10. 1863
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That’s a real eye opener isn’t it Larry ? Telegraphic news from excited reporters must have created a very volatile mood in the stock exchange.
A spurious rumour about Hooker pressing the advantage excites the markets to the extent that gold price falls.
Talk about wishful thinking !
More accurate reporting in the earlier press article from Detroit alludes to a Federal loss of fifteen thousand men in the battle : close enough……the actual figure was seventeen thousand.
This must have been a real “ change your underwear “ moment for financiers and politicians in New York and Washington.
Regards, Phil
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"Egad, sir, I do not know whether you will die on the gallows or of the pox!"
"That will depend, my Lord, on whether I embrace your principles or your mistress."
Earl of Sandwich and John Wilkes
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