The first meaning refers to the financial crisis to 1869 when Jay Gould and James Fisk attempted to corner the gold market by hoarding the gold after the government was in the midst of rebuilding the United States after the Civil War.
On Isle La Motte, Grand Isle county, there are marble quarries, the characteristic colours of the marble being "Fisk black" and "Fisk grey."
It was during his control of the Erie that he and Fisk entered into a league with the Tweed Ring, they admitted Tweed to the directorate of the Erie, and Tweed in turn arranged favourable legislation for them at Albany.
With Fisk in August 1869 he began to buy gold in a daring attempt to "corner" the market, his hope being that, with the advance in price of gold, wheat would advance to such a price that western farmers would sell, and there would be a consequent great movement of breadstuffs from West to East, which would result in increased freight business for the Erie road.
WILBUR FISK (1792-1839), American educationist, was born in Brattleboro, Vermont, on the 31st of August 1792.