The Dark Side
 

Wall Street has had it's dark side in it's history

"As far back as 1628, slaves constituted a portion of the population of New Amsterdam; and to such an extent had the traffic in them reached that, in 1709, a slave-market was erected at the foot of Wall Street, where all negroes who were to be hired or sold, stood in readiness for bidders.

The "Negro Plot" of 1741, however, forms a serious and bloody chapter in the history of New York. At this distance of time it is hard to discover the truth amid the fears and prejudices which attended that public calamity. The city then contained some ten thousand inhabitants, about one-fifth of whom were African slaves, called the "black seed of Cain." Many of the laws for their government were most unjust and oppressive. Whenever three of them were found together they were liable to be punished by forty lashes on the bare back, and the same penalty followed their walking with a club outside of their master's grounds without a permit. Two justices could inflict any punishment, except amputation or death, for any blow or assault by a slave upon a Christian or a Jew. Such was the outrageous law. New York swarmed with negroes, and her leading merchants were engaged in the slave-trade, at that time regarded fair and honorable. New York then resembled a Southern city, with its calaboose on the Park Commons and its slave-market at the foot of Wall Street.

The burning of the public buildings, comprising the Governor's residence, the Secretary's office, the chapel, and barracks, in March, 1741, was first announced to the General Assembly by the Lieutenant-Governor as the result of an accident--a plumber who had been engaged upon some repairs having left fire in a gutter between the house and chapel. But several other fires occurring shortly afterward in different parts of the city, some of them, perhaps, under circumstances that could not readily be explained, suspicions were awakened that the whole were acts of incendiaries. Not a chimney caught fire--and chimneys were not at that day very well swept--but the incident was attributed to design. Such was the case in respect to the chimney of Captain Warren's house, situated near the ruins of the public buildings, by the taking fire of which the roof was partially destroyed; and other instances might be enumerated. Suspicion, to borrow the language of Shakespeare, "hath a ready tongue," and is "all stuck full of eyes," which are not easily put to sleep. Incidents and circumstances, ordinary and extraordinary, were seized upon and brought together by comparison, until it became obvious to all that there was actually a conspiracy for compassing such a stupendous act of arson as the burning of the entire town and murder of the people. Nor was it long before the plot was fastened upon the negro slaves, then forming no inconsiderable portion of the population. A negro, with violent gesticulation, had been heard to utter some terms of unintelligible jargon, in which the words "fire, fire, scorch, scorch," were heard articulated, or supposed to have been heard. The crew of a Spanish ship brought into the port as a prize were sold into slavery. They were suspected of disaffection--as well they might be, and yet be innocent --seized, and thrown into prison. Coals were found arranged, as had been supposed, for burning a hay-stack; a negro was seen jumping over a fence and flying from a house that had taken fire in another place; and, in a word, a vast variety of incidents, trifling and unimportant, were collated and talked over until universal consternation seized upon the inhabitants, from the highest to the lowest. As Hume remarks of the Popish plot in the reign of Charles II, "each breath of rumor made the people start with anxiety; their enemies, they thought, were in their bosoms. They were awakened from their slumbers by the cry of Plot, and, like men affrighted and in the dark. The terror of each man became a source of terror to another, and a universal panic being diffused, reason, and argument, and common sense, and common humanity, lost all influence over them."... "The whole summer was spent in the prosecutions; every new trial led to further accusations; a coincidence of slight circumstances was magnified by the general terror into violent presumptions; tales collected without doors, mingling with the proofs given at the bar, poisoned the minds of the jurors, and this sanguinary spirit of the day suffered no check until Mary, the capital informer, bewildered by frequent examinations and suggestions, began to touch characters which malice itself dare not suspect." Then, as in the case of the Popish plot and the prosecutions for witchcraft in Salem, the magistrates and jurors began to pause. But not until many had been sent to their final account by the spirit of fanaticism which had bereft men of their reason as innocent of the charges laid against them as the convicting courts and jurors themselves. Thirteen negroes were burned at the stake, eighteen were hanged, and seventy transported." - "History of New York City", William L. Stone, entered according to Act of Congress, in the year 1872.