Panic of 1873


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Panic of 1873

bank failures led to extended depression. [Am. Hist.: Van Doren, 267–268]
References in periodicals archive ?
life insurance industry was formed in response to the Panic of 1873, when some life insurers with speculative investments failed, life insurers face strict investment rules.
Instead, the best parallel for the China meltdown is the very first closing of the New York Stock Exchange during the panic of 1873.
Part II: The Panic of 1873 and Bust, 1873-1875 Historical Analysis
Before he made it big, his first company went into bankruptcy when he couldn't pay his creditors and employees during the Panic of 1873.
And probably many of you think I was at the Great Panic of 1873," said Silverstein, 82.
The ample wall space also facilitated the creation of galleries depicting topics such as engineering the transcontinental railroad, erecting the built environment of railroad expansion and financing the iron horse as well as the Credit Mobilier scandal and the Panic of 1873.
And this is to say nothing of the generations that endured the Great Depression, the financial panic of 1873, and the Civil War.
After the financial Panic of 1873, Jacob Bunn spent five years trying to save his bank and all its customers from ruin.
Fraud and mismanagement inevitably bankrupted the railroads, devastating the nation's economy and triggering the Panic of 1873.
5) However, the Panic of 1873 was the most notable stock-market event of the 1870s.
The national economy was in a depression following the Panic of 1873.
Mormons over polygamy and religious freedom; the mistreatment of Chinese immigrants in the West; conflict over the distribution of public domain lands in the West; the building and financing of the transcontinental railroad, the Panic of 1873, the first nationwide labor strike, and the Granger movement.