In a boardroom, the appearance of a ghost labeled “Spirit of Honesty” has frightened the men conducting business, labeled “Corporation Lawyer, Fake Promoter, Secret Rebater [hiding under the table], Lobbyist, Public Service Grafter, Public Exploiter, Hypocrite, Employed Perjurer, Speculating Trust Co, [and the] Yellow Dog Keeper.” Also shown are the “Yellow Dog” and several sheets of “Watered Stock.” Hanging on the wall is a sign that states “Dont Knock – Boost.”

comments and context

Comments and Context

Despite the skin-of-their-teeth machinations of J. P. Morgan and ultimately President Roosevelt that kept the 1907 Wall Street Panic from becoming a major national economic depression, the public at large generally was not relieved to know that Wall Street righted itself.

Rather, the Panic seemed to confirm what had been growing in the public’s mind for some time, especially during the recent years of Muckraking scandals and exposes, and frantic legislative and regulatory reforms. Revelations of corruption in business from insurance to railroads, and common-criminal style of behavior on the part of business titans like John D. Rockefeller, cemented the public’s cynicism about Big Business.

Art Young, still new to Puck‘s pages and rapidly evolving into America’s foremost radical cartoonist, drew a tableau of the situation in strictly moral terms. The Spirit of Honesty was a common demand, one never really pressed previously. It confirmed the stated views of Roosevelt, who often sublimated discussions of economic theory and financial data, and dealt with trusts, corporate America, even taxes, in moral contexts.

Collection

Library of Congress Prints and Photographs

Creation Date

1907-11-27

Creator(s)

Young, Art, 1866-1943

Period

U.S. President – 2nd Term (March 1905-February 1909)

Repository

Library of Congress Prints and Photographs Division

Page Count

1

Record Type

Image

Resource Type

Cartoon

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

The haunted house. [November 27, 1907]. Library of Congress Prints and Photographs.
https://www.theodorerooseveltcenter.org/digital-library/o285925. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Young, Art, 1866-1943. The haunted house. [27 Nov. 1907]. Image.
Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. March 5, 2026. https://www.theodorerooseveltcenter.org/digital-library/o285925.

APA:

Young, Art, 1866-1943., [1907, November 27]. The haunted house.
Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o285925.

Cite this Collection

Chicago:

Library of Congress Prints and Photographs. https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. March 5, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs.

APA:

Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs.