August 5: ON THIS DAY IN HISTORY
ON THIS DAY IN 1884, the Brooklyn Daily Eagle reported, “Among other interesting events that the weather of today threatens to interfere with is the ceremony of laying the cornerstone of the great Bartholdi statue of Liberty, about which we have heard so much of late, and done so little. This will be the first step toward putting into material form that lively appreciation of a nation’s good will and a great sculptor’s munificence that is graceful in itself, and eloquent of our highly cultivated national morality. It may be added that this step bears to those that are to follow before the expression is perfected the relation that a pint pot hole holds to the Atlantic Ocean, or to put it more accurately and less extravagantly, that the paltry sum already raised to meet the expense of erecting the pedestal bears to the enormous amount of money that will be necessary for the completion of the project.”
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ON THIS DAY IN 1920, the Eagle reported, “BOSTON — Joseph E. Herman and two others, said to represent the Commonwealth Trading and Securities Corporation of 25 W. 43rd St., New York, conferred with Charles Ponzi here today. Ponzi previously had announced that a New York syndicate had made him an offer for his business and that a conference had been arranged. Mr. Herman said he and his associates had made a careful investigation of Ponzi and his business and had satisfied themselves that his methods were sound. Ponzi, he said, was doing the bulk of his business in France and dealing in foreign exchange. The inquiry into the business, Mr. Herman added, originated in Europe.”