Clarence W. Barron: the baron of Wall Street
On Black Tuesday, October 24, 1929, panicked investors dumped16 million shares on the New York Stock Exchange, heralding the Great Depression. It was the beginning of a nightmare for the nation, but a mother lode for financial journalists. Unfortunately, one of the greatest of these journalists, a man regarded by many as the founder of modern financial journalism, was not there to cover the events. Clarence W. Barron, publisher of The Wall Street Journal and Barron's Weekly had died a year earlier at the Battle Creek Sanitarium.