| Book Review | The Journal of American History, 89.4

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| Book Review | The Journal of American History, 89.4 | The History Cooperative

Book Review

The Man Who Made Wall Street: Anthony J. Drexel and the Rise of Modern Finance. By Dan Rottenberg. (Philadelphia: University of Pennsylvania Press, 2001. xviii, 262 pp. $29.95, ISBN 0-8122-3626-2.)

While J. Pierpont Morgan has deservedly received a great deal of scholarly attention, Anthony J. Drexel (1826-1893), Morgan's partner and mentor, has undeservedly received very little. In this book, Dan Rottenberg 'seeks to rescue an important historical figure from obscurity.' To a large measure he succeeds. 1

Rottenberg's problem is that he has little documentary evidence to work with. Earlier historians have not disputed Drexel's importance; they have lacked material. Drexel was an intensely private man who left behind few personal papers, and Drexel & Company's nineteenth-century documents were destroyed in the 1950s. To make up for the lack of direct evidence on Drexel, Rottenberg draws parallels between Drexel and his contemporaries. The early chapters thus are less about the life and more about the times of Anthony J. Drexel. . . .

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