PLUMMER (A. Newton).

The Great American Swindle, Incorporated.

First edition. 8vo. 318, [2] pp., illustrations throughout. Original quarter black cloth with printed boards (offsetting to endpapers, contents otherwise unmarked; boards slightly dust-marked with some small areas of wear to board edges, corners bumped, small label clumsily removed from front cover, just about a very good copy overall). New York, A. Newton Plummer, 1932.

£200.00

A mea culpa of sorts for the author’s role in falsely inflating stock values in the 1920s bull market, ultimately contributing to the market’s spectacular implosion in 1929, self-published by the author in an edition of 2,000 copies. Newton Plummer was a stock promoter and corporate publicist, responsible for planting stories in the press to draw publicity to pooled stocks. His scrapbooks, which form the basis of the present work, were later cited in evidence by Congressman Fiorello La Guardia at the Pecora Commission of 1932, an inquiry tasked with investigating the causes of the Wall Street Crash.

Stock No.
254469