Bath, Maine's Charlie Morse: Ice King and Wall Street Scoundrel
Charles W. Morse is a notorious character, whose name is still well-recognized in Bath and around the state of Maine. He made millions in the ice trade in the late nineteenth century (a major industry in Maine at the time that helped spur its economic development), created and worked in an important company that created steamboats and tugboats, and was later blamed for the financial panic of 1907, earning the disdain of Theodore Roosevelt, William Randolph Hearst, JP Morgan, and Mark Twain. His story unites many important industries and movements in Maine's history, and also connects them to the larger narrative of American innovation and inventiveness.
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Bath Maine on the Kennebec River Mid1800s
The Natural Ice Trade 18951902
Charlie Morses Women 18991906
New York City Life in the Early 1900s
Charles Morses Steamboats 190107
Charlie Morse and the Bank Panic of October 1907
American Ice Securities asked attorney Author’s photograph bail Bank of North bank’s Barney Barney’s Bath became began Benjamin bonds Boston bought Bracken built C.W. Morse cash charge Charlie Morse Charlie’s Charlie’s father Clemence collateral Consolidated Steamship conspiracy court Curtis Daugherty divorce Dodge dummy loans Emergency Fleet Corporation federal freighters friends Governor Cobb grand jury Hanna Harry Heinze Hudson Navigation Hummel Ice Company Ice Securities Company indictments investors Jennie Jerome Jerome’s Judge Hough Kennebec River Knickerbocker Trust Knickerbocker Trust Company later launched Maine Maritime Museum Marshal Henkel million Morgan moved newspaper North America October Otto Heinze percent president profits reported Richard Croker Robert Palmer saying schooners shipyard steamboat steamers Stimson stock market stockholders story Street Taft Tammany testified thousand shares took trade trip Trust Company tugboats U.S. Shipping Board Uncle Jim United Copper vessels wanted week William Travers Jerome York City