PublicBookshelf Corporation
The Financial Panic of 1873
This excerpt from The Great Republic by the Master Historians, published in the early 1900s, provides a near-contemporary discussion of one of the many financial panics, depressions, and bank runs that plagued the American economy in the...
University of Oxford (UK)
American National Biography Online: Depressions, Economic
Depressions are sustained troughs in the business cycle characterized by declines in output, employment, income, and trade. While they date from the earliest years of American history, little is known about them from the Colonial Era....
San Jose State University
San Jose State University: The Depression of 1873 1879
A brief explanation of the economic factors that led to the Panic of 1873 when the railroad investment firm, Jay Cooke and Co., collapsed, followed by the demise of many other railroads over the next several years.