Monday
August 28, 1865
Worcester daily spy (Worcester [Mass.]) — Worcester, Massachusetts
“1865: When a Wall Street fraudster said 'all right' to his own arrest (and an earthquake stopped the Mississippi)”
Art Deco mural for August 28, 1865
Original newspaper scan from August 28, 1865
Original front page — Worcester daily spy (Worcester [Mass.]) — Click to enlarge
Full-size newspaper scan
What's on the Front Page

The front page is dominated by the dramatic arrest of Edward B. Ketchum, a prominent New York financier who pulled off one of the era's biggest financial frauds. The son in the firm Morris Ketchum, Son & Co., Edward had been living openly in Manhattan for two weeks after stealing bonds and forging gold certificates worth millions. When Detective Gilmore arrested him on Twentieth Street, Ketchum simply said "all right" and walked calmly to police headquarters. The most heartbreaking moment came when his father arrived, embracing his son and crying "My son! my son! you have ruined me, but I forgive you!" Ketchum claimed he once owned property worth six million dollars but lost everything when gold prices declined. Police found $48,000 on him when arrested. Elsewhere, the Mississippi Valley was rattled by a powerful earthquake on August 17th that literally stopped the current of the Mississippi River and forced water upstream. In Memphis, panicked residents in upper floors rushed down to "terra firma," while chimneys crashed and walls cracked across the city.

Why It Matters

This page captures America in the immediate aftermath of the Civil War, as the nation grappled with rapid economic expansion and the growing pains that came with it. Ketchum's massive financial fraud reflects the wild speculation and loose regulations of the Gilded Age economy that was just beginning. His casual attitude toward millions in stolen money shows how the war had created new fortunes—and new opportunities for corruption—on an unprecedented scale. Meanwhile, the detailed New England census reports reveal a country taking stock of itself after four years of devastating conflict, carefully counting populations and assessing property values as communities tried to rebuild and move forward.

Hidden Gems
  • A hotel in Nantucket posted a dining room notice asking "Guests will please so arrange themselves as to present a festive appearance" - apparently even vacation etiquette needed spelling out in 1865
  • Someone in Nantucket disappeared with $800 collected for a high school alumni reunion, but the victim's friends quietly made up the difference to avoid scandal
  • The only liquor establishment in North Abington - a depot refreshment saloon - burned down on August 23rd, probably by an arsonist who apparently wanted to keep the town dry
  • A Pittsfield manufacturer named Charles Russell lost $2,500 in cash between the Berkshire Hotel and Maplewood Institute, offering a $500 reward while police suspected Albany pickpockets
  • Twelve massive pine logs passed through Rutland bound for Boston ship masts, the longest measuring 90 feet - showing how Vermont forests were still supplying America's maritime industry
Fun Facts
  • Edward Ketchum's accomplice Heinrich Wirz is mentioned as being on trial in Washington for "Andersonville infamy" - he would become the only Confederate executed for war crimes, running the notorious prison where 13,000 Union soldiers died
  • The earthquake that stopped the Mississippi River's current was part of the New Madrid seismic zone, which had produced the most powerful earthquakes in American history in 1811-1812, temporarily making the Mississippi flow backward
  • Dr. William Rimmer, who created the Alexander Hamilton statue mentioned in Boston news, was also a pioneering anatomist whose detailed muscle studies would influence American art education for decades
  • The 54th Massachusetts Regiment (colored) arriving in Boston was the famous unit that had stormed Fort Wagner in 1863, later immortalized in the 1989 film "Glory" starring Denzel Washington
  • Morris Ketchum, Son & Co. was a major Wall Street firm - their scandal helped lead to stronger banking regulations and contributed to the financial panic that would hit just four years later in 1869
Sensational Civil War Reconstruction Crime Corruption Economy Banking Disaster Natural War Conflict
August 27, 1865 August 29, 1865

Also on August 28

1846
When Washington was a Real Estate Boomtown: Inside the Aug. 28, 1846 Auctions
Daily national intelligencer (Washington City [D.C.])
1856
A Union on the Brink: How Rufus Choate Predicted Civil War in 1856
Weekly Indiana State sentinel (Indianapolis [Ind.])
1861
August 1861: Louisiana's Merchants Still Betting Big—While War Rages Nearby
The south-western (Shreveport, La.)
1862
When Hawaii's Heir Fell Ill: The Constitutional Panic of August 1862
The Pacific commercial advertiser (Honolulu, Hawaiian Islands)
1863
Burnt in Effigy: How Confederate Soldiers Secretly Rebelled Against Their Own...
Semi-weekly standard (Raleigh, N.C.)
1864
Inside the Desperate Battle That Turned the War: Hancock's Stand at the Weldon...
New York dispatch (New York [N.Y.])
1866
When New Orleans Trusted Sarsaparilla Over Doctors: A Reconstruction Reckoning
New Orleans daily crescent ([New Orleans, La.])
1876
1876: The Frontier Unravels—Sioux War, Reconstruction Politics & a Jail Break...
Weekly Arkansas gazette (Little Rock, Ark.)
1886
A General's Order Vanishes Then Returns: Inside Washington's Strangest Tuesday...
The Washington critic (Washington, D.C.)
1896
A Cabinet Fractures, Gold Bricks Vanish, and an Arctic Explorer Awaits His...
The Oregon mist (St. Helens, Columbia County, Or.)
1906
When Cuba Begged America for Cannons (And a Dead Man Signed a Bank Note)
Decorah-posten og ved arnen (Decorah, Iowa)
1926
When Labor Leaders Praised Boot Camps & Bank Robbers Blew Themselves Up (1926)
The daily worker (Chicago, Ill.;New York, N.Y.)
1927
They Vanished in the Clouds: August 28, 1927's Race Against Death in the Skies
Douglas daily dispatch (Douglas, Ariz.)
View all 13 years →

Wake Up to History

Every morning: one front page from exactly 100 years ago, with context, hidden gems, and an original Art Deco mural. Free.

Subscribe Free