Tag Archives: Clarence Barron

The Panic of 1907

From Clarence Barron’s purchase of the Wall Street Journal in 1902 until 1907, America was on one of its cyclic booms. In 1907, however, “The Panic of 1907” hit Wall Street and the country. It was also called the “1907 Bankers’ Panic.” The New York Stock Exchange fell close to...

Hugh Bancroft

Hugh Bancroft was an interesting man. Born in Boston with a silver spoon in his mouth, one would quickly view him as the epitome of success. He graduated from Harvard in 1897, at 17. His father, a major general of the Massachusetts National Guard and Chairman of the Boston Elevated Railway, captained...

From Dow to Barron

Charles Dow was the innovator, the decision-maker, in his partnership with Edward jones. Jones, on the other hand, was a smart analyst. He could look at the financial reports of a company and quickly determine its health. He also had a knack for directing sales of the “Journal’s” advertising department....

Jackie and The Republican Party

The 2000 presidential election was a hotly contested race between then Governor of Texas George W. Bush and Vice-President Al Gore. Jackie (Jackie Bancroft Spencer Morgan) was expected to contribute money not only to Bush but to New Mexican Republican candidates — governor, senator, congressmen — as well. She was...

Jackie the Unknown

No one ever knew Jackie — no one. That’s what I learned from four years of golf and nights of rumicube with the woman. I am referring to Jackie Bancroft Spencer Morgan (“Jackie”). Many thought she had lost her mind when she married a gay interior decorator twenty plus years...

The Oddity of October

Jackie Bancroft Spencer Morgan (“Jackie”) was a “Wall Street Journal” heiress. She was a friend of mine. Except for her personal belongings like race horses, a house on the links at Palm Springs and her home in the mountains of Ruidoso, New Mexico, her entire wealth was in a trust...