Morgan went to New York banks and compelled them to dip into their reserves to offer loans that would allow stockholders to cover their margins and begin buying again.
The action was successful, and stockholders started making more transactions.
mnli hypothesis: The action was successful, and stockholders started making more transactions. premise: Morgan went to New York banks and compelled them to dip into their reserves to offer loans that would allow stockholders to cover their margins and begin buying again.