The painting “The Curb Exchange” by William Glackens shows the chaotic scene outside the New York Stock Exchange. The painting is thought to take place during sometime between 1907 and 1910. I think the painting is from 1907, for there was a panic that year. The New York Stock Exchange took a sharp decline leading to widespread business failure. President Roosevelt gave J.P Morgan 25 million dollars to control the panic by acting as a bank in himself. The panic was short lived as the decline was fueled by speculation rather than actual weakness in American businesses. Nonetheless, the painting captures the hysteria of the panic. People are yelling, arguing, and hurrying in the painting. There is also a pleasant sight of a woman selling apples. The people represent the unreasonable fear associated with the panic. The calm apple seller represents the strong U.S economy despite the hysteria. “The Curb Exchange” could be representative of the Panic of 1907.
The painting “The Curb Exchange” by William Glackens shows the chaotic scene outside the New York Stock Exchange. The painting is thought to take place during sometime between 1907 and 1910. I think the painting is from 1907, for there was a panic that year. The New York Stock Exchange took a sharp decline leading to widespread business failure. President Roosevelt gave J.P Morgan 25 million dollars to control the panic by acting as a bank in himself. The panic was short lived as the decline was fueled by speculation rather than actual weakness in American businesses. Nonetheless, the painting captures the hysteria of the panic. People are yelling, arguing, and hurrying in the painting. There is also a pleasant sight of a woman selling apples. The people represent the unreasonable fear associated with the panic. The calm apple seller represents the strong U.S economy despite the hysteria. “The Curb Exchange” could be representative of the Panic of 1907.