Skip to Main Content

Walls: Wall on Wall Street

NCCS Encyclopedia and Database Articles

Read More About It

READ from this book from the Library of Congress written in 1897.

Read from this book from the Library of Congress written in 1908.

Read from this book from the Library of Congress written in 1914

Web Resources

Palisade comes from Latin palus, meaning "stake." The word originally applied to one of a series of stakes set in a row to form an enclosure or fortification. In time, its meaning was extended to a fence of stakes and, by association, to stretches of steep cliffs bordering a river.  (from: Merriam-Wester dictionary)

Wall Street's Wall

Now synonymous with the New York Stock Exchange, Wall Street is the site of the old wall between the Native Americans and the Dutch settlers of New Amsterdam. Photo by CJ Spaulding.

In the seventeenth century, the wall on what is now Wall Street created a barrier between the Dutch and their Native American neighbors. The fortified wall stretched from Pearl Street, which was one shoreline of Manhattan at the time, to the other shoreline, modern day Trinity Place. During this period, Wall Street was also the marketplace where owners could hire out their slaves. The rampart was removed in 1699, but the corners of Pearl and Wall Street remained a location for trade and business. After the Buttonwood Agreement in 1792 that organized a traders’ association—which was the origin of the New York Stock Exchange—businesses slowly flocked to the area, pushing out residents in the nineteenth century, and the Wall Street of today was born. (from: https://origins.osu.edu/connecting-history/top-ten-origins-walls?language_content_entity=en)