Financial History Issue 115 (Fall 2015) | Page 4

Financial history The magazine of the Museum of American Finance in association with the Smithsonian Institution Issue 115 • Fall 2015 (ISSN 1520-4723) IN THIS ISSUE FEATURES 13 Missed It by That Much The California Gold Rush and a pivot of history.  By Gregory DL Morris Kristin Aguilera Editor EDITORIAL ADVISORY BOARD Howard A. Baker, Esq. Howard Baker Associates Brian Grinder Eastern Washington University Gregory DL Morris Freelance Journalist 16 Warren Buffett and Wall Street: The Best of Frenemies Examining Buffett’s relationship with Wall Street on the 50th anniversary of his leadership of Berkshire Hathaway.  By Lawrence A. Cunningham Arthur W. Samansky The Samansky Group Bob Shabazian American Stock Exchange (ret.) Myles Thompson Columbia Business School Publishing Robert E. Wright Augustana University Jason Zweig 20 William Jennings Bryan and the “Cross of Gold” Speech Presidential candidate and noted orator makes history with his speech at the 1896 Democratic Convention.  By Ron Hunka The Wall Street Journal EDITOR EMERITAE Diana E. Herzog ART DIRECTION Alan Barnett Design MUSEUM STAFF David J. Cowen, President/CEO Kristin Aguilera, Deputy Director Sarah Buonacore, Collections Manager Tony Critelli, Accountant Jeanne Driscoll, Director of Development Maura Ferguson, Director of Exhibits Arturo Gomez, Business Manager Chris Meyers, Director of Education Linda Rapacki, Managing Director of Visitor Services and Operations Mindy Ross, Director, External Relations Copyright 2015 by the Museum of American Finance, publisher, 48 Wall Street, New York, NY 10005. Telephone: 212-908-4110; fax: 212-908-4601. All rights reserved. Financial History is the official membership magazine of the Museum of American Finance. Annual individual membership is $55. Payment must be made in dollars, by credit card or check payable to the Museum of American Finance. 24 Digital Gold Reinventing money in the 21st century.  By Nathaniel Popper 27 The Fed’s Paternity Paul Warburg and Carter Glass may be considered reluctant co-fathers of the Federal Reserve.  By Edward L. Morris 30 Showing True Mettle Starting as a scrap operator in 1915, Commercial Metals celebrates a century.  By Gregory DL Morris 34 A Deluxe Centennial The Deluxe Corporation survives 100 years through strong leadership and innovation.  By Bart Ward 2    FINANCIAL HISTORY  |  Fall 2015  | www.MoAF.org