washingtonmonument

An ad was placed in the New York Herald in May of 1906 offering investors a chance to get in on this investment in the Globe Tower that was projected to cost $1,500,000 and was expected to pay up to 100% interest annually. Not unlike current times, investors flocked to the project and plunked down their hard earned dollars with visions of a fortune in their future. There was a ceremony for laying the cornerstone on May 26, 1906 with the usual pomp and circumstance. By the end of the year, the foundations were still not laid and investors began to get nervous. So on February 17, 1907 another ceremony was held and the first piece of steel was installed. Promises were made to be 50% complete by May 15th and 100% complete by the end of 1908. By 1908 the fraud was evident, the dream was dashed and there was no government bailout. BUT, we did get some very nice postcards. www.americanchronicle.com/articles/view/79558

Good Day....This photo was PROBABLY taken during the Civil War [1861-1865],,,,,The monument was STARTED in 1848......construction did not resume until 1876.....completed in 1884...... If you look carefully at any of the black and white photos taken after the completion date, you will see an OBVIOUS color difference ...... the bottom "starter" portion and the finished upper portion...obviously two different sources were used to acquire the blocks....Dave

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Preparing for the 2-hour concert "Call for Reunion" in The Mall

I hope to see a similar photo taken on Tuesday! DC is going to be insane.

Interesting. Do you have a record of the time this photo was taken?

I can't believe the entire mall of this length was filled with people.