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Puck Thanksgiving 1907
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Puck Thanksgiving 1907
Puck Thanksgiving 1907. Illustration shows Theodore Roosevelt about to chop the head off a turkey labeled Flim-Flam Finance on the chopping block, the feathers are labeled Worthless Collateral, Wild Cat Bank, Fake Bonds, Worthless Securities, and Fake Stocks; a diminutive man labeled Small Investor is standing in front of the chopping block, holding an axe. Date 1907 November 13. Puck Thanksgiving 1907. Illustration shows Theodore Roosevelt about to chop the head off a turkey labeled Flim-Flam Finance on the chopping block, the feathers are labeled Worthless Collateral, Wild Cat Bank, Fake Bonds, Worthless Securities, and Fake Stocks; a diminutive man labeled Small Investor is standing in front of the chopping block, holding an axe. Date 1907 November 13
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EDITORS COMMENTS
Puck Thanksgiving 13, 1907: A Harsh Reality of Wall Street's Turkeys and the Small Investor This illustration from Puck Magazine, published on November 13, 1907, presents a satirical take on the Thanksgiving holiday during a time of financial turmoil. The image depicts President Theodore Roosevelt standing before a chopping block, poised to decapitate a turkey labeled "Flim-Flam Finance." The feathers of the turkey are adorned with labels such as "Worthless Collateral," "Wild Cat Bank," "Fake Bonds," "Worthless Securities," and "Fake Stocks." A diminutive man, labeled as a "Small Investor," stands in front of the chopping block, holding an axe. The satire in this illustration reflects the widespread fear and anxiety among the American public during the financial panic of 1907. The panic was triggered by a series of bank failures and the collapse of several trust companies, leading to a significant loss of investor confidence. The image of Roosevelt, as a powerful figure, symbolizes the government's role in maintaining order and stability during this tumultuous time. However, the small investor, who is powerless and vulnerable, represents the plight of the average American who had invested their savings in the stock market. The Thanksgiving setting adds an ironic twist to the image, as the holiday is traditionally a time of celebration and gratitude. Instead, this illustration highlights the harsh reality of the financial crisis and the potential consequences for the average American investor.
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