The Wasp, 1893 · page 364 of 514
The Wasp — 1893 — page 364: what you’re looking at
What you’re looking at
This satirical cartoon depicts European political leaders as desperate suppliants literally carrying a massive bag of U.S. currency labeled "RESERVE" to the National Banks building. The figures labeled "CARLYLE," "BISMARCK," "GLADSTONE," and "BROKE SMITH" appear to represent European statesmen seeking American financial assistance. The notice posted on the bank reads: "The bankers will not assist the Government unless they are benefited by an issue of bonds. WE ARE NOT WITH YOU." The satire mocks both European governments' financial desperation and American bankers' refusal to aid them without profiting. The cartoon suggests that during a European financial crisis, American financial institutions prioritize their own interests over broader governmental needs, using bond issuance as leverage.