CINXE.COM
Panic of 1893 - Wikipedia
<!DOCTYPE html> <html class="client-nojs vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available" lang="en" dir="ltr"> <head> <meta charset="UTF-8"> <title>Panic of 1893 - Wikipedia</title> <script>(function(){var className="client-js vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available";var cookie=document.cookie.match(/(?:^|; )enwikimwclientpreferences=([^;]+)/);if(cookie){cookie[1].split('%2C').forEach(function(pref){className=className.replace(new RegExp('(^| )'+pref.replace(/-clientpref-\w+$|[^\w-]+/g,'')+'-clientpref-\\w+( |$)'),'$1'+pref+'$2');});}document.documentElement.className=className;}());RLCONF={"wgBreakFrames":false,"wgSeparatorTransformTable":["",""],"wgDigitTransformTable":["",""],"wgDefaultDateFormat":"dmy", "wgMonthNames":["","January","February","March","April","May","June","July","August","September","October","November","December"],"wgRequestId":"42b366ed-b9a6-49e2-adf8-399d0dcb3d58","wgCanonicalNamespace":"","wgCanonicalSpecialPageName":false,"wgNamespaceNumber":0,"wgPageName":"Panic_of_1893","wgTitle":"Panic of 1893","wgCurRevisionId":1252357425,"wgRevisionId":1252357425,"wgArticleId":217756,"wgIsArticle":true,"wgIsRedirect":false,"wgAction":"view","wgUserName":null,"wgUserGroups":["*"],"wgCategories":["Articles with short description","Short description is different from Wikidata","Wikipedia introduction cleanup from November 2022","All pages needing cleanup","Articles covered by WikiProject Wikify from November 2022","All articles covered by WikiProject Wikify","Commons category link is on Wikidata","1893 in the United States","Financial crises","Economic crises in the United States","Stock market crashes","19th century in economic history","1893 in economic history"], "wgPageViewLanguage":"en","wgPageContentLanguage":"en","wgPageContentModel":"wikitext","wgRelevantPageName":"Panic_of_1893","wgRelevantArticleId":217756,"wgIsProbablyEditable":true,"wgRelevantPageIsProbablyEditable":true,"wgRestrictionEdit":[],"wgRestrictionMove":[],"wgNoticeProject":"wikipedia","wgCiteReferencePreviewsActive":false,"wgFlaggedRevsParams":{"tags":{"status":{"levels":1}}},"wgMediaViewerOnClick":true,"wgMediaViewerEnabledByDefault":true,"wgPopupsFlags":0,"wgVisualEditor":{"pageLanguageCode":"en","pageLanguageDir":"ltr","pageVariantFallbacks":"en"},"wgMFDisplayWikibaseDescriptions":{"search":true,"watchlist":true,"tagline":false,"nearby":true},"wgWMESchemaEditAttemptStepOversample":false,"wgWMEPageLength":30000,"wgRelatedArticlesCompat":[],"wgCentralAuthMobileDomain":false,"wgEditSubmitButtonLabelPublish":true,"wgULSPosition":"interlanguage","wgULSisCompactLinksEnabled":false,"wgVector2022LanguageInHeader":true,"wgULSisLanguageSelectorEmpty":false,"wgWikibaseItemId": "Q2418422","wgCheckUserClientHintsHeadersJsApi":["brands","architecture","bitness","fullVersionList","mobile","model","platform","platformVersion"],"GEHomepageSuggestedEditsEnableTopics":true,"wgGETopicsMatchModeEnabled":false,"wgGEStructuredTaskRejectionReasonTextInputEnabled":false,"wgGELevelingUpEnabledForUser":false};RLSTATE={"ext.globalCssJs.user.styles":"ready","site.styles":"ready","user.styles":"ready","ext.globalCssJs.user":"ready","user":"ready","user.options":"loading","ext.cite.styles":"ready","skins.vector.search.codex.styles":"ready","skins.vector.styles":"ready","skins.vector.icons":"ready","jquery.makeCollapsible.styles":"ready","ext.wikimediamessages.styles":"ready","ext.visualEditor.desktopArticleTarget.noscript":"ready","ext.uls.interlanguage":"ready","wikibase.client.init":"ready","ext.wikimediaBadges":"ready"};RLPAGEMODULES=["ext.cite.ux-enhancements","mediawiki.page.media","site","mediawiki.page.ready","jquery.makeCollapsible","mediawiki.toc","skins.vector.js", "ext.centralNotice.geoIP","ext.centralNotice.startUp","ext.gadget.ReferenceTooltips","ext.gadget.switcher","ext.urlShortener.toolbar","ext.centralauth.centralautologin","mmv.bootstrap","ext.popups","ext.visualEditor.desktopArticleTarget.init","ext.visualEditor.targetLoader","ext.echo.centralauth","ext.eventLogging","ext.wikimediaEvents","ext.navigationTiming","ext.uls.interface","ext.cx.eventlogging.campaigns","ext.cx.uls.quick.actions","wikibase.client.vector-2022","ext.checkUser.clientHints","ext.growthExperiments.SuggestedEditSession","wikibase.sidebar.tracking"];</script> <script>(RLQ=window.RLQ||[]).push(function(){mw.loader.impl(function(){return["user.options@12s5i",function($,jQuery,require,module){mw.user.tokens.set({"patrolToken":"+\\","watchToken":"+\\","csrfToken":"+\\"}); }];});});</script> <link rel="stylesheet" href="/w/load.php?lang=en&modules=ext.cite.styles%7Cext.uls.interlanguage%7Cext.visualEditor.desktopArticleTarget.noscript%7Cext.wikimediaBadges%7Cext.wikimediamessages.styles%7Cjquery.makeCollapsible.styles%7Cskins.vector.icons%2Cstyles%7Cskins.vector.search.codex.styles%7Cwikibase.client.init&only=styles&skin=vector-2022"> <script async="" src="/w/load.php?lang=en&modules=startup&only=scripts&raw=1&skin=vector-2022"></script> <meta name="ResourceLoaderDynamicStyles" content=""> <link rel="stylesheet" href="/w/load.php?lang=en&modules=site.styles&only=styles&skin=vector-2022"> <meta name="generator" content="MediaWiki 1.44.0-wmf.4"> <meta name="referrer" content="origin"> <meta name="referrer" content="origin-when-cross-origin"> <meta name="robots" content="max-image-preview:standard"> <meta name="format-detection" content="telephone=no"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg"> <meta property="og:image:width" content="1200"> <meta property="og:image:height" content="1849"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/thumb/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg/800px-Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg"> <meta property="og:image:width" content="800"> <meta property="og:image:height" content="1232"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/thumb/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg/640px-Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg"> <meta property="og:image:width" content="640"> <meta property="og:image:height" content="986"> <meta name="viewport" content="width=1120"> <meta property="og:title" content="Panic of 1893 - Wikipedia"> <meta property="og:type" content="website"> <link rel="preconnect" href="//upload.wikimedia.org"> <link rel="alternate" media="only screen and (max-width: 640px)" href="//en.m.wikipedia.org/wiki/Panic_of_1893"> <link rel="alternate" type="application/x-wiki" title="Edit this page" href="/w/index.php?title=Panic_of_1893&action=edit"> <link rel="apple-touch-icon" href="/static/apple-touch/wikipedia.png"> <link rel="icon" href="/static/favicon/wikipedia.ico"> <link rel="search" type="application/opensearchdescription+xml" href="/w/rest.php/v1/search" title="Wikipedia (en)"> <link rel="EditURI" type="application/rsd+xml" href="//en.wikipedia.org/w/api.php?action=rsd"> <link rel="canonical" href="https://en.wikipedia.org/wiki/Panic_of_1893"> <link rel="license" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en"> <link rel="alternate" type="application/atom+xml" title="Wikipedia Atom feed" href="/w/index.php?title=Special:RecentChanges&feed=atom"> <link rel="dns-prefetch" href="//meta.wikimedia.org" /> <link rel="dns-prefetch" href="//login.wikimedia.org"> </head> <body class="skin--responsive skin-vector skin-vector-search-vue mediawiki ltr sitedir-ltr mw-hide-empty-elt ns-0 ns-subject mw-editable page-Panic_of_1893 rootpage-Panic_of_1893 skin-vector-2022 action-view"><a class="mw-jump-link" href="#bodyContent">Jump to content</a> <div class="vector-header-container"> <header class="vector-header mw-header"> <div class="vector-header-start"> <nav class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-dropdown" class="vector-dropdown vector-main-menu-dropdown vector-button-flush-left vector-button-flush-right" > <input type="checkbox" id="vector-main-menu-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-main-menu-dropdown" class="vector-dropdown-checkbox " aria-label="Main menu" > <label id="vector-main-menu-dropdown-label" for="vector-main-menu-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-menu mw-ui-icon-wikimedia-menu"></span> <span class="vector-dropdown-label-text">Main menu</span> </label> <div class="vector-dropdown-content"> <div id="vector-main-menu-unpinned-container" class="vector-unpinned-container"> <div id="vector-main-menu" class="vector-main-menu vector-pinnable-element"> <div class="vector-pinnable-header vector-main-menu-pinnable-header vector-pinnable-header-unpinned" data-feature-name="main-menu-pinned" data-pinnable-element-id="vector-main-menu" data-pinned-container-id="vector-main-menu-pinned-container" data-unpinned-container-id="vector-main-menu-unpinned-container" > <div class="vector-pinnable-header-label">Main menu</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-main-menu.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-main-menu.unpin">hide</button> </div> <div id="p-navigation" class="vector-menu mw-portlet mw-portlet-navigation" > <div class="vector-menu-heading"> Navigation </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-mainpage-description" class="mw-list-item"><a href="/wiki/Main_Page" title="Visit the main page [z]" accesskey="z"><span>Main page</span></a></li><li id="n-contents" class="mw-list-item"><a href="/wiki/Wikipedia:Contents" title="Guides to browsing Wikipedia"><span>Contents</span></a></li><li id="n-currentevents" class="mw-list-item"><a href="/wiki/Portal:Current_events" title="Articles related to current events"><span>Current events</span></a></li><li id="n-randompage" class="mw-list-item"><a href="/wiki/Special:Random" title="Visit a randomly selected article [x]" accesskey="x"><span>Random article</span></a></li><li id="n-aboutsite" class="mw-list-item"><a href="/wiki/Wikipedia:About" title="Learn about Wikipedia and how it works"><span>About Wikipedia</span></a></li><li id="n-contactpage" class="mw-list-item"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us" title="How to contact Wikipedia"><span>Contact us</span></a></li> </ul> </div> </div> <div id="p-interaction" class="vector-menu mw-portlet mw-portlet-interaction" > <div class="vector-menu-heading"> Contribute </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-help" class="mw-list-item"><a href="/wiki/Help:Contents" title="Guidance on how to use and edit Wikipedia"><span>Help</span></a></li><li id="n-introduction" class="mw-list-item"><a href="/wiki/Help:Introduction" title="Learn how to edit Wikipedia"><span>Learn to edit</span></a></li><li id="n-portal" class="mw-list-item"><a href="/wiki/Wikipedia:Community_portal" title="The hub for editors"><span>Community portal</span></a></li><li id="n-recentchanges" class="mw-list-item"><a href="/wiki/Special:RecentChanges" title="A list of recent changes to Wikipedia [r]" accesskey="r"><span>Recent changes</span></a></li><li id="n-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_upload_wizard" title="Add images or other media for use on Wikipedia"><span>Upload file</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> <a href="/wiki/Main_Page" class="mw-logo"> <img class="mw-logo-icon" src="/static/images/icons/wikipedia.png" alt="" aria-hidden="true" height="50" width="50"> <span class="mw-logo-container skin-invert"> <img class="mw-logo-wordmark" alt="Wikipedia" src="/static/images/mobile/copyright/wikipedia-wordmark-en.svg" style="width: 7.5em; height: 1.125em;"> <img class="mw-logo-tagline" alt="The Free Encyclopedia" src="/static/images/mobile/copyright/wikipedia-tagline-en.svg" width="117" height="13" style="width: 7.3125em; height: 0.8125em;"> </span> </a> </div> <div class="vector-header-end"> <div id="p-search" role="search" class="vector-search-box-vue vector-search-box-collapses vector-search-box-show-thumbnail vector-search-box-auto-expand-width vector-search-box"> <a href="/wiki/Special:Search" class="cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only search-toggle" title="Search Wikipedia [f]" accesskey="f"><span class="vector-icon mw-ui-icon-search mw-ui-icon-wikimedia-search"></span> <span>Search</span> </a> <div class="vector-typeahead-search-container"> <div class="cdx-typeahead-search cdx-typeahead-search--show-thumbnail cdx-typeahead-search--auto-expand-width"> <form action="/w/index.php" id="searchform" class="cdx-search-input cdx-search-input--has-end-button"> <div id="simpleSearch" class="cdx-search-input__input-wrapper" data-search-loc="header-moved"> <div class="cdx-text-input cdx-text-input--has-start-icon"> <input class="cdx-text-input__input" type="search" name="search" placeholder="Search Wikipedia" aria-label="Search Wikipedia" autocapitalize="sentences" title="Search Wikipedia [f]" accesskey="f" id="searchInput" > <span class="cdx-text-input__icon cdx-text-input__start-icon"></span> </div> <input type="hidden" name="title" value="Special:Search"> </div> <button class="cdx-button cdx-search-input__end-button">Search</button> </form> </div> </div> </div> <nav class="vector-user-links vector-user-links-wide" aria-label="Personal tools"> <div class="vector-user-links-main"> <div id="p-vector-user-menu-preferences" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-userpage" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-dropdown" class="vector-dropdown " title="Change the appearance of the page's font size, width, and color" > <input type="checkbox" id="vector-appearance-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-appearance-dropdown" class="vector-dropdown-checkbox " aria-label="Appearance" > <label id="vector-appearance-dropdown-label" for="vector-appearance-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-appearance mw-ui-icon-wikimedia-appearance"></span> <span class="vector-dropdown-label-text">Appearance</span> </label> <div class="vector-dropdown-content"> <div id="vector-appearance-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <div id="p-vector-user-menu-notifications" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-overflow" class="vector-menu mw-portlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&utm_medium=sidebar&utm_campaign=C13_en.wikipedia.org&uselang=en" class=""><span>Donate</span></a> </li> <li id="pt-createaccount-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:CreateAccount&returnto=Panic+of+1893" title="You are encouraged to create an account and log in; however, it is not mandatory" class=""><span>Create account</span></a> </li> <li id="pt-login-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:UserLogin&returnto=Panic+of+1893" title="You're encouraged to log in; however, it's not mandatory. [o]" accesskey="o" class=""><span>Log in</span></a> </li> </ul> </div> </div> </div> <div id="vector-user-links-dropdown" class="vector-dropdown vector-user-menu vector-button-flush-right vector-user-menu-logged-out" title="Log in and more options" > <input type="checkbox" id="vector-user-links-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-user-links-dropdown" class="vector-dropdown-checkbox " aria-label="Personal tools" > <label id="vector-user-links-dropdown-label" for="vector-user-links-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-ellipsis mw-ui-icon-wikimedia-ellipsis"></span> <span class="vector-dropdown-label-text">Personal tools</span> </label> <div class="vector-dropdown-content"> <div id="p-personal" class="vector-menu mw-portlet mw-portlet-personal user-links-collapsible-item" title="User menu" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport" class="user-links-collapsible-item mw-list-item"><a href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&utm_medium=sidebar&utm_campaign=C13_en.wikipedia.org&uselang=en"><span>Donate</span></a></li><li id="pt-createaccount" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:CreateAccount&returnto=Panic+of+1893" title="You are encouraged to create an account and log in; however, it is not mandatory"><span class="vector-icon mw-ui-icon-userAdd mw-ui-icon-wikimedia-userAdd"></span> <span>Create account</span></a></li><li id="pt-login" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:UserLogin&returnto=Panic+of+1893" title="You're encouraged to log in; however, it's not mandatory. [o]" accesskey="o"><span class="vector-icon mw-ui-icon-logIn mw-ui-icon-wikimedia-logIn"></span> <span>Log in</span></a></li> </ul> </div> </div> <div id="p-user-menu-anon-editor" class="vector-menu mw-portlet mw-portlet-user-menu-anon-editor" > <div class="vector-menu-heading"> Pages for logged out editors <a href="/wiki/Help:Introduction" aria-label="Learn more about editing"><span>learn more</span></a> </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-anoncontribs" class="mw-list-item"><a href="/wiki/Special:MyContributions" title="A list of edits made from this IP address [y]" accesskey="y"><span>Contributions</span></a></li><li id="pt-anontalk" class="mw-list-item"><a href="/wiki/Special:MyTalk" title="Discussion about edits from this IP address [n]" accesskey="n"><span>Talk</span></a></li> </ul> </div> </div> </div> </div> </nav> </div> </header> </div> <div class="mw-page-container"> <div class="mw-page-container-inner"> <div class="vector-sitenotice-container"> <div id="siteNotice"><!-- CentralNotice --></div> </div> <div class="vector-column-start"> <div class="vector-main-menu-container"> <div id="mw-navigation"> <nav id="mw-panel" class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-pinned-container" class="vector-pinned-container"> </div> </nav> </div> </div> <div class="vector-sticky-pinned-container"> <nav id="mw-panel-toc" aria-label="Contents" data-event-name="ui.sidebar-toc" class="mw-table-of-contents-container vector-toc-landmark"> <div id="vector-toc-pinned-container" class="vector-pinned-container"> <div id="vector-toc" class="vector-toc vector-pinnable-element"> <div class="vector-pinnable-header vector-toc-pinnable-header vector-pinnable-header-pinned" data-feature-name="toc-pinned" data-pinnable-element-id="vector-toc" > <h2 class="vector-pinnable-header-label">Contents</h2> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-toc.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-toc.unpin">hide</button> </div> <ul class="vector-toc-contents" id="mw-panel-toc-list"> <li id="toc-mw-content-text" class="vector-toc-list-item vector-toc-level-1"> <a href="#" class="vector-toc-link"> <div class="vector-toc-text">(Top)</div> </a> </li> <li id="toc-Causes" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Causes"> <div class="vector-toc-text"> <span class="vector-toc-numb">1</span> <span>Causes</span> </div> </a> <ul id="toc-Causes-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Populists" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Populists"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Populists</span> </div> </a> <ul id="toc-Populists-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Silver" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Silver"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Silver</span> </div> </a> <ul id="toc-Silver-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Effects" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Effects"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Effects</span> </div> </a> <button aria-controls="toc-Effects-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Effects subsection</span> </button> <ul id="toc-Effects-sublist" class="vector-toc-list"> <li id="toc-Shipping" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Shipping"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1</span> <span>Shipping</span> </div> </a> <ul id="toc-Shipping-sublist" class="vector-toc-list"> <li id="toc-Fluctuations_in_railroad_investment_after_the_Panic_of_1893" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Fluctuations_in_railroad_investment_after_the_Panic_of_1893"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1.1</span> <span>Fluctuations in railroad investment after the Panic of 1893</span> </div> </a> <ul id="toc-Fluctuations_in_railroad_investment_after_the_Panic_of_1893-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Receivership" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Receivership"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1.2</span> <span>Receivership</span> </div> </a> <ul id="toc-Receivership-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Pullman_Strike" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Pullman_Strike"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1.3</span> <span>Pullman Strike</span> </div> </a> <ul id="toc-Pullman_Strike-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-American_merchant_tonnage" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#American_merchant_tonnage"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1.4</span> <span>American merchant tonnage</span> </div> </a> <ul id="toc-American_merchant_tonnage-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Rates" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Rates"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1.5</span> <span>Rates</span> </div> </a> <ul id="toc-Rates-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> </ul> </li> <li id="toc-The_Morgan-Belmont_Syndicate" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#The_Morgan-Belmont_Syndicate"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>The Morgan-Belmont Syndicate</span> </div> </a> <ul id="toc-The_Morgan-Belmont_Syndicate-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Further_reading" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Further_reading"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>Further reading</span> </div> </a> <button aria-controls="toc-Further_reading-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Further reading subsection</span> </button> <ul id="toc-Further_reading-sublist" class="vector-toc-list"> <li id="toc-Contemporary_sources" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Contemporary_sources"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.1</span> <span>Contemporary sources</span> </div> </a> <ul id="toc-Contemporary_sources-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Secondary_sources" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Secondary_sources"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.2</span> <span>Secondary sources</span> </div> </a> <ul id="toc-Secondary_sources-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Panic of 1893</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 22 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-22" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">22 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%B0%D8%B9%D8%B1_%D8%A7%D9%84%D8%B9%D8%A7%D9%85_1893" title="ذعر العام 1893 – Arabic" lang="ar" hreflang="ar" data-title="ذعر العام 1893" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/P%C3%A0nic_de_1893" title="Pànic de 1893 – Catalan" lang="ca" hreflang="ca" data-title="Pànic de 1893" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/%C3%98konomiske_krise_1893" title="Økonomiske krise 1893 – Danish" lang="da" hreflang="da" data-title="Økonomiske krise 1893" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Wirtschaftskrise_von_1893" title="Wirtschaftskrise von 1893 – German" lang="de" hreflang="de" data-title="Wirtschaftskrise von 1893" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/P%C3%A1nico_de_1893" title="Pánico de 1893 – Spanish" lang="es" hreflang="es" data-title="Pánico de 1893" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D9%88%D8%AD%D8%B4%D8%AA_%DB%B1%DB%B8%DB%B9%DB%B3" title="وحشت ۱۸۹۳ – Persian" lang="fa" hreflang="fa" data-title="وحشت ۱۸۹۳" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Panique_de_1893" title="Panique de 1893 – French" lang="fr" hreflang="fr" data-title="Panique de 1893" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/1893%EB%85%84_%EA%B3%B5%ED%99%A9" title="1893년 공황 – Korean" lang="ko" hreflang="ko" data-title="1893년 공황" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-hy mw-list-item"><a href="https://hy.wikipedia.org/wiki/1893_%D5%A9%D5%BE%D5%A1%D5%AF%D5%A1%D5%B6%D5%AB_%D5%AD%D5%B8%D6%82%D5%B3%D5%A1%D5%BA" title="1893 թվականի խուճապ – Armenian" lang="hy" hreflang="hy" data-title="1893 թվականի խուճապ" data-language-autonym="Հայերեն" data-language-local-name="Armenian" class="interlanguage-link-target"><span>Հայերեն</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Kepanikan_1893" title="Kepanikan 1893 – Indonesian" lang="id" hreflang="id" data-title="Kepanikan 1893" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Panico_del_1893" title="Panico del 1893 – Italian" lang="it" hreflang="it" data-title="Panico del 1893" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%94%D7%91%D7%94%D7%9C%D7%94_%D7%A9%D7%9C_1893" title="הבהלה של 1893 – Hebrew" lang="he" hreflang="he" data-title="הבהלה של 1893" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/1893-as_gazdas%C3%A1gi_v%C3%A1ls%C3%A1g" title="1893-as gazdasági válság – Hungarian" lang="hu" hreflang="hu" data-title="1893-as gazdasági válság" data-language-autonym="Magyar" data-language-local-name="Hungarian" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/1893%E5%B9%B4%E6%81%90%E6%85%8C" title="1893年恐慌 – Japanese" lang="ja" hreflang="ja" data-title="1893年恐慌" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Panika_roku_1893" title="Panika roku 1893 – Polish" lang="pl" hreflang="pl" data-title="Panika roku 1893" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/P%C3%A2nico_de_1893" title="Pânico de 1893 – Portuguese" lang="pt" hreflang="pt" data-title="Pânico de 1893" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%9F%D0%B0%D0%BD%D0%B8%D0%BA%D0%B0_1893_%D0%B3%D0%BE%D0%B4%D0%B0" title="Паника 1893 года – Russian" lang="ru" hreflang="ru" data-title="Паника 1893 года" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%95%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D1%81%D0%BA%D0%B0_%D0%BA%D1%80%D0%B8%D0%B7%D0%B0_1893." title="Економска криза 1893. – Serbian" lang="sr" hreflang="sr" data-title="Економска криза 1893." data-language-autonym="Српски / srpski" data-language-local-name="Serbian" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Vuoden_1893_talouslama" title="Vuoden 1893 talouslama – Finnish" lang="fi" hreflang="fi" data-title="Vuoden 1893 talouslama" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%9F%D0%B0%D0%BD%D1%96%D0%BA%D0%B0_1893" title="Паніка 1893 – Ukrainian" lang="uk" hreflang="uk" data-title="Паніка 1893" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/Ho%E1%BA%A3ng_lo%E1%BA%A1n_1893" title="Hoảng loạn 1893 – Vietnamese" lang="vi" hreflang="vi" data-title="Hoảng loạn 1893" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/1893%E5%B9%B4%E6%81%90%E6%85%8C" title="1893年恐慌 – Chinese" lang="zh" hreflang="zh" data-title="1893年恐慌" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q2418422#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-nstab-main" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Panic_of_1893" title="View the content page [c]" accesskey="c"><span>Article</span></a></li><li id="ca-talk" class="vector-tab-noicon mw-list-item"><a href="/wiki/Talk:Panic_of_1893" rel="discussion" title="Discuss improvements to the content page [t]" accesskey="t"><span>Talk</span></a></li> </ul> </div> </div> <div id="vector-variants-dropdown" class="vector-dropdown emptyPortlet" > <input type="checkbox" id="vector-variants-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-variants-dropdown" class="vector-dropdown-checkbox " aria-label="Change language variant" > <label id="vector-variants-dropdown-label" for="vector-variants-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">English</span> </label> <div class="vector-dropdown-content"> <div id="p-variants" class="vector-menu mw-portlet mw-portlet-variants emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> </div> </div> </nav> </div> <div id="right-navigation" class="vector-collapsible"> <nav aria-label="Views"> <div id="p-views" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-views" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-view" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Panic_of_1893"><span>Read</span></a></li><li id="ca-edit" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Panic_of_1893&action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-history" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Panic_of_1893&action=history" title="Past revisions of this page [h]" accesskey="h"><span>View history</span></a></li> </ul> </div> </div> </nav> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-dropdown" class="vector-dropdown vector-page-tools-dropdown" > <input type="checkbox" id="vector-page-tools-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-tools-dropdown" class="vector-dropdown-checkbox " aria-label="Tools" > <label id="vector-page-tools-dropdown-label" for="vector-page-tools-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">Tools</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-tools-unpinned-container" class="vector-unpinned-container"> <div id="vector-page-tools" class="vector-page-tools vector-pinnable-element"> <div class="vector-pinnable-header vector-page-tools-pinnable-header vector-pinnable-header-unpinned" data-feature-name="page-tools-pinned" data-pinnable-element-id="vector-page-tools" data-pinned-container-id="vector-page-tools-pinned-container" data-unpinned-container-id="vector-page-tools-unpinned-container" > <div class="vector-pinnable-header-label">Tools</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-page-tools.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-page-tools.unpin">hide</button> </div> <div id="p-cactions" class="vector-menu mw-portlet mw-portlet-cactions emptyPortlet vector-has-collapsible-items" title="More options" > <div class="vector-menu-heading"> Actions </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-more-view" class="selected vector-more-collapsible-item mw-list-item"><a href="/wiki/Panic_of_1893"><span>Read</span></a></li><li id="ca-more-edit" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Panic_of_1893&action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-more-history" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Panic_of_1893&action=history"><span>View history</span></a></li> </ul> </div> </div> <div id="p-tb" class="vector-menu mw-portlet mw-portlet-tb" > <div class="vector-menu-heading"> General </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-whatlinkshere" class="mw-list-item"><a href="/wiki/Special:WhatLinksHere/Panic_of_1893" title="List of all English Wikipedia pages containing links to this page [j]" accesskey="j"><span>What links here</span></a></li><li id="t-recentchangeslinked" class="mw-list-item"><a href="/wiki/Special:RecentChangesLinked/Panic_of_1893" rel="nofollow" title="Recent changes in pages linked from this page [k]" accesskey="k"><span>Related changes</span></a></li><li id="t-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_Upload_Wizard" title="Upload files [u]" accesskey="u"><span>Upload file</span></a></li><li id="t-specialpages" class="mw-list-item"><a href="/wiki/Special:SpecialPages" title="A list of all special pages [q]" accesskey="q"><span>Special pages</span></a></li><li id="t-permalink" class="mw-list-item"><a href="/w/index.php?title=Panic_of_1893&oldid=1252357425" title="Permanent link to this revision of this page"><span>Permanent link</span></a></li><li id="t-info" class="mw-list-item"><a href="/w/index.php?title=Panic_of_1893&action=info" title="More information about this page"><span>Page information</span></a></li><li id="t-cite" class="mw-list-item"><a href="/w/index.php?title=Special:CiteThisPage&page=Panic_of_1893&id=1252357425&wpFormIdentifier=titleform" title="Information on how to cite this page"><span>Cite this page</span></a></li><li id="t-urlshortener" class="mw-list-item"><a href="/w/index.php?title=Special:UrlShortener&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FPanic_of_1893"><span>Get shortened URL</span></a></li><li id="t-urlshortener-qrcode" class="mw-list-item"><a href="/w/index.php?title=Special:QrCode&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FPanic_of_1893"><span>Download QR code</span></a></li> </ul> </div> </div> <div id="p-coll-print_export" class="vector-menu mw-portlet mw-portlet-coll-print_export" > <div class="vector-menu-heading"> Print/export </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="coll-download-as-rl" class="mw-list-item"><a href="/w/index.php?title=Special:DownloadAsPdf&page=Panic_of_1893&action=show-download-screen" title="Download this page as a PDF file"><span>Download as PDF</span></a></li><li id="t-print" class="mw-list-item"><a href="/w/index.php?title=Panic_of_1893&printable=yes" title="Printable version of this page [p]" accesskey="p"><span>Printable version</span></a></li> </ul> </div> </div> <div id="p-wikibase-otherprojects" class="vector-menu mw-portlet mw-portlet-wikibase-otherprojects" > <div class="vector-menu-heading"> In other projects </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="wb-otherproject-link wb-otherproject-commons mw-list-item"><a href="https://commons.wikimedia.org/wiki/Category:Panic_of_1893" hreflang="en"><span>Wikimedia Commons</span></a></li><li id="t-wikibase" class="wb-otherproject-link wb-otherproject-wikibase-dataitem mw-list-item"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q2418422" title="Structured data on this page hosted by Wikidata [g]" accesskey="g"><span>Wikidata item</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> </div> </div> </div> <div class="vector-column-end"> <div class="vector-sticky-pinned-container"> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-pinned-container" class="vector-pinned-container"> </div> </nav> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-pinned-container" class="vector-pinned-container"> <div id="vector-appearance" class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">hide</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">1893–97 financial crisis in the United States</div> <style data-mw-deduplicate="TemplateStyles:r1251242444">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+style+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+link+.ambox{margin-top:-1px}html body.mediawiki .mw-parser-output .ambox.mbox-small-left{margin:4px 1em 4px 0;overflow:hidden;width:238px;border-collapse:collapse;font-size:88%;line-height:1.25em}.mw-parser-output .ambox-speedy{border-left:10px solid #b32424;background-color:#fee7e6}.mw-parser-output .ambox-delete{border-left:10px solid #b32424}.mw-parser-output .ambox-content{border-left:10px solid #f28500}.mw-parser-output .ambox-style{border-left:10px solid #fc3}.mw-parser-output .ambox-move{border-left:10px solid #9932cc}.mw-parser-output .ambox-protection{border-left:10px solid #a2a9b1}.mw-parser-output .ambox .mbox-text{border:none;padding:0.25em 0.5em;width:100%}.mw-parser-output .ambox .mbox-image{border:none;padding:2px 0 2px 0.5em;text-align:center}.mw-parser-output .ambox .mbox-imageright{border:none;padding:2px 0.5em 2px 0;text-align:center}.mw-parser-output .ambox .mbox-empty-cell{border:none;padding:0;width:1px}.mw-parser-output .ambox .mbox-image-div{width:52px}@media(min-width:720px){.mw-parser-output .ambox{margin:0 10%}}@media print{body.ns-0 .mw-parser-output .ambox{display:none!important}}</style><table class="box-Lead_too_short plainlinks metadata ambox ambox-content ambox-lead_too_short" role="presentation"><tbody><tr><td class="mbox-image"><div class="mbox-image-div"><span typeof="mw:File"><a href="/wiki/File:Wiki_letter_w.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/6/6c/Wiki_letter_w.svg/40px-Wiki_letter_w.svg.png" decoding="async" width="40" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/6/6c/Wiki_letter_w.svg/60px-Wiki_letter_w.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/6/6c/Wiki_letter_w.svg/80px-Wiki_letter_w.svg.png 2x" data-file-width="44" data-file-height="44" /></a></span></div></td><td class="mbox-text"><div class="mbox-text-span">This article's <a href="/wiki/Wikipedia:Manual_of_Style/Lead_section#Length" title="Wikipedia:Manual of Style/Lead section">lead section</a> <b>may be too short to adequately <a href="/wiki/Wikipedia:Summary_style" title="Wikipedia:Summary style">summarize</a> the key points</b>.<span class="hide-when-compact"> Please consider expanding the lead to <a href="/wiki/Wikipedia:Manual_of_Style/Lead_section#Provide_an_accessible_overview" title="Wikipedia:Manual of Style/Lead section">provide an accessible overview</a> of all important aspects of the article.</span> <span class="date-container"><i>(<span class="date">November 2022</span>)</i></span></div></td></tr></tbody></table> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg/170px-Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg" decoding="async" width="170" height="262" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg/255px-Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/89/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg/340px-Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg 2x" data-file-width="912" data-file-height="1405" /></a><figcaption>Drawing in <i><a href="/wiki/Frank_Leslie%27s_Illustrated_Newspaper" title="Frank Leslie's Illustrated Newspaper">Frank Leslie's</a></i> of panicked stockbrokers on May 9, 1893.</figcaption></figure> <p>The <b>Panic of 1893</b> was an <a href="/wiki/Depression_(economics)" class="mw-redirect" title="Depression (economics)">economic depression</a> in the <a href="/wiki/United_States" title="United States">United States</a>. It began in February 1893 and officially ended eight months later, but the effects from it continued to be felt until 1897.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> It was the most serious economic depression in history until the <a href="/wiki/Great_Depression" title="Great Depression">Great Depression</a> of the 1930s. The Panic of 1893 deeply affected every sector of the economy and produced political upheaval that led to the <a href="/wiki/Political_realignment" title="Political realignment">political realignment</a> and the <a href="/wiki/Presidency_of_William_McKinley" title="Presidency of William McKinley">presidency of William McKinley</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Causes">Causes</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=1" title="Edit section: Causes"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:JudgeMagazine15Jul1893.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/JudgeMagazine15Jul1893.jpg/220px-JudgeMagazine15Jul1893.jpg" decoding="async" width="220" height="293" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/JudgeMagazine15Jul1893.jpg/330px-JudgeMagazine15Jul1893.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/fe/JudgeMagazine15Jul1893.jpg/440px-JudgeMagazine15Jul1893.jpg 2x" data-file-width="1700" data-file-height="2263" /></a><figcaption>The pro-Republican <i><a href="/wiki/Judge_(magazine)" title="Judge (magazine)">Judge</a></i> magazine blamed the Panic of 1893 on the Democratic victory in the 1892 election.</figcaption></figure> <p>The Panic of 1893 has been traced to many causes, one of them pointing to Argentina; investment was encouraged by the Argentine agent bank, <a href="/wiki/Barings_Bank" title="Barings Bank">Baring Brothers</a>. However, the 1890 wheat crop failure and <a href="/wiki/Revolution_of_the_Park" title="Revolution of the Park">a failed coup in Buenos Aires</a> ended further investments. In addition, speculations in South African and Australian properties also collapsed. Because European investors were concerned that these problems might spread, they started a run on gold in the <a href="/wiki/United_States_Treasury" class="mw-redirect" title="United States Treasury">U.S. Treasury</a>. <a href="/wiki/Bullion_coins" class="mw-redirect" title="Bullion coins">Specie</a> was considered more valuable than paper money; when people were uncertain about the future, they <a href="/wiki/Hoarding" title="Hoarding">hoarded</a> specie and rejected paper notes.<sup id="cite_ref-Nelson,_Scott_Reynolds_2012._p._189_2-0" class="reference"><a href="#cite_note-Nelson,_Scott_Reynolds_2012._p._189-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>During the <a href="/wiki/Gilded_Age" title="Gilded Age">Gilded Age</a> of the 1870s and 1880s, the United States had experienced economic growth and expansion, but much of this expansion depended on high international commodity prices. Exacerbating the problems with international investments, wheat prices crashed in 1893.<sup id="cite_ref-Nelson,_Scott_Reynolds_2012._p._189_2-1" class="reference"><a href="#cite_note-Nelson,_Scott_Reynolds_2012._p._189-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> In particular, the opening of numerous mines in the western United States led to an oversupply of silver, leading to significant debate as to how much of the silver should be <a href="/wiki/Free_silver" title="Free silver">coined into money</a> (see below). During the 1880s, American railroads experienced what might today be called a "<a href="/wiki/Stock_market_bubble" title="Stock market bubble">bubble</a>": investors flocked to railroads, and they were greatly over-built.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p><p>One of the first clear signs of trouble came on 20 February 1893,<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> twelve days before the inauguration of U.S. President <a href="/wiki/Grover_Cleveland" title="Grover Cleveland">Grover Cleveland</a>, with the appointment of receivers for the <a href="/wiki/Philadelphia_and_Reading_Railroad" class="mw-redirect" title="Philadelphia and Reading Railroad">Philadelphia and Reading Railroad</a>, which had greatly overextended itself.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Upon taking office, Cleveland dealt directly with the Treasury crisis<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> and convinced <a href="/wiki/United_States_Congress" title="United States Congress">Congress</a> to repeal the <a href="/wiki/Sherman_Silver_Purchase_Act" title="Sherman Silver Purchase Act">Sherman Silver Purchase Act</a>, which he felt was mainly responsible for the economic crisis.<sup id="cite_ref-Cleveland_8-0" class="reference"><a href="#cite_note-Cleveland-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p><p>As concern for the state of the economy deepened, people rushed to withdraw their money from banks, and caused <a href="/wiki/Bank_run" title="Bank run">bank runs</a>. The <a href="/wiki/Credit_crunch" title="Credit crunch">credit crunch</a> rippled through the <a href="/wiki/Economy_of_the_United_States" title="Economy of the United States">economy.</a> A <a href="/wiki/Financial_crisis" title="Financial crisis">financial panic</a> in London combined with a drop in continental European trade caused foreign investors to sell American stocks to obtain American funds backed by gold.<sup id="cite_ref-whitten_9-0" class="reference"><a href="#cite_note-whitten-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>The economic policies of President <a href="/wiki/Benjamin_Harrison" title="Benjamin Harrison">Benjamin Harrison</a> have been characterized as a contributing factor to the depression.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Populists">Populists</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=2" title="Edit section: Populists"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The <a href="/wiki/People%27s_Party_(United_States)" title="People's Party (United States)">People's Party</a>, also known as the '<a href="/wiki/Populism" title="Populism">Populists</a>', was an <a href="/wiki/Agrarianism" title="Agrarianism">agrarian</a>-populist political party in the United States. From 1892 to 1896, it played a major role as a left-wing force in American politics. It drew support from angry farmers in the West and South. It was highly critical of <a href="/wiki/Capitalism" title="Capitalism">capitalism</a>, especially banks and railroads, and allied itself with the labor movement. </p><p>Established in 1891 as a result of the Populist movement, the People's Party reached its height in the <a href="/wiki/1892_United_States_presidential_election" title="1892 United States presidential election">1892 presidential election</a>, when its ticket, consisting of <a href="/wiki/James_B._Weaver" title="James B. Weaver">James B. Weaver</a> and <a href="/wiki/James_G._Field" title="James G. Field">James G. Field</a>, won 8.5% of the popular vote and carried five states (Colorado, Idaho, Kansas, Nevada, and North Dakota), and the <a href="/wiki/1894_United_States_House_of_Representatives_elections" title="1894 United States House of Representatives elections">1894 House of Representatives elections</a> when it won nine seats. Built on a <a href="/wiki/Coalition" title="Coalition">coalition</a> of poor, white cotton farmers in the South (especially North Carolina, Alabama and Texas) and hard-pressed wheat farmers in the <a href="/wiki/Plains_States" class="mw-redirect" title="Plains States">Plains States</a> (especially Kansas and Nebraska), the Populists represented a radical form of <a href="/wiki/Agrarianism" title="Agrarianism">agrarianism</a> and hostility to elites, cities, banks, railroads, and gold. </p> <div class="mw-heading mw-heading2"><h2 id="Silver">Silver</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=3" title="Edit section: Silver"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <table class="wikitable collapsible collapsed" style="float: right; margin:0 0 1em 1em; font-size: 90%;"> <tbody><tr> <th colspan="3" bgcolor="#ccccff" align="center">Unemployment rates <br /> during the 1890s <br /> (rates are per 100 persons)<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </th></tr> <tr> <th>Year</th> <th>Lebergott</th> <th>Romer </th></tr> <tr> <th>1890 </th> <td>4.0</td> <td>4.0 </td></tr> <tr> <th>1891 </th> <td>5.4</td> <td>4.8 </td></tr> <tr> <th>1892 </th> <td>3.0</td> <td>3.7 </td></tr> <tr> <th>1893 </th> <td>11.7</td> <td>8.1 </td></tr> <tr> <th>1894 </th> <td>18.4</td> <td>12.3 </td></tr> <tr> <th>1895 </th> <td>13.7</td> <td>11.1 </td></tr> <tr> <th>1896 </th> <td>14.5</td> <td>12.0 </td></tr> <tr> <th>1897 </th> <td>14.5</td> <td>12.4 </td></tr> <tr> <th>1898 </th> <td>12.4</td> <td>11.6 </td></tr> <tr> <th>1899 </th> <td>6.5</td> <td>8.7 </td></tr> <tr> <th>1900 </th> <td>5.0</td> <td>5.0 </td></tr></tbody></table> <p>The <a href="/wiki/Free_Silver" class="mw-redirect" title="Free Silver">Free Silver</a> movement arose from a <a href="/wiki/Synergy" title="Synergy">synergy</a> of farming and mining interests. Farmers sought to invigorate the economy and thereby end <a href="/wiki/Deflation" title="Deflation">deflation</a>, which was forcing them to repay loans with increasingly expensive dollars. Mining interests sought the right to turn silver directly into money without a central minting institution. The <a href="/wiki/Sherman_Silver_Purchase_Act" title="Sherman Silver Purchase Act">Sherman Silver Purchase Act</a> of 1890, while falling short of the Free Silver movement's goals, required the U.S. government to buy millions of ounces of silver above what was required by the <a href="/wiki/Bland%E2%80%93Allison_Act" title="Bland–Allison Act">1878 Bland–Allison Act</a> (driving up the price of silver and pleasing silver miners). People attempted to redeem <a href="/wiki/Silver_certificate_(United_States)" title="Silver certificate (United States)">silver notes</a> for gold. Ultimately, the statutory limit for the minimum amount of gold in federal reserves was reached and U.S. notes could no longer be redeemed for gold.<sup id="cite_ref-whitten_9-1" class="reference"><a href="#cite_note-whitten-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> Investments during the time of the panic were heavily financed through bond issues with high-interest payments. Rumors regarding financial distress at the <a href="/wiki/National_Cordage_Company" title="National Cordage Company">National Cordage Company</a> (NCC), then the most actively traded stock, caused its lenders to call in their loans immediately, and the company went into <a href="/wiki/Bankruptcy" title="Bankruptcy">bankruptcy receivership</a> as a result. The company, a rope manufacturer, had tried to corner the market for imported hemp. As demand for silver and silver notes fell, the price and value of silver dropped. Holders worried about a loss of face value of bonds, and many became worthless.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> </p><p>A series of bank failures followed, and the <a href="/wiki/Northern_Pacific_Railway" title="Northern Pacific Railway">Northern Pacific Railway</a>, the <a href="/wiki/Union_Pacific_Railroad" title="Union Pacific Railroad">Union Pacific Railroad</a> and the <a href="/wiki/Atchison,_Topeka_%26_Santa_Fe_Railroad" class="mw-redirect" title="Atchison, Topeka & Santa Fe Railroad">Atchison, Topeka & Santa Fe Railroad</a> failed. This was followed by the bankruptcy of many other companies; in total over 15,000 companies and 500 banks, many of them in the West, failed. According to high estimates, about <span class="nowrap">17%–19%</span> of the workforce was unemployed at the panic's peak. The huge spike in unemployment, combined with the loss of life savings kept in failed banks, meant that a once-secure middle-class could not meet their <a href="/wiki/Mortgage" title="Mortgage">mortgage</a> obligations. Many walked away from recently built homes as a result.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Effects">Effects</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=4" title="Edit section: Effects"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:War_of_wealth_bank_run_poster.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f2/War_of_wealth_bank_run_poster.jpg/220px-War_of_wealth_bank_run_poster.jpg" decoding="async" width="220" height="162" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f2/War_of_wealth_bank_run_poster.jpg/330px-War_of_wealth_bank_run_poster.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f2/War_of_wealth_bank_run_poster.jpg/440px-War_of_wealth_bank_run_poster.jpg 2x" data-file-width="2479" data-file-height="1829" /></a><figcaption>The 1896 Broadway melodrama <i>The War of Wealth</i> was inspired by the panic of 1893.</figcaption></figure> <p>As a result of the panic, <a href="/wiki/Share_price" title="Share price">stock prices</a> declined. Five hundred banks closed, 15,000 businesses failed, and numerous farms ceased operation. The unemployment rate hit 25% in Pennsylvania, 35% in New York, and 43% in Michigan. <a href="/wiki/Soup_kitchen" title="Soup kitchen">Soup kitchens</a> were opened to help feed the destitute. Facing starvation, people chopped wood, broke rocks, and sewed by hand with needle and thread in exchange for food. In some cases, women resorted to prostitution to feed their families. To help the people of Detroit, <a href="/wiki/Hazen_S._Pingree" title="Hazen S. Pingree">Mayor Hazen S. Pingree</a> launched his "Potato Patch Plan", which were community gardens for farming.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> </p><p>President <a href="/wiki/Grover_Cleveland" title="Grover Cleveland">Grover Cleveland</a> was blamed for the depression. Gold reserves stored in the <a href="/wiki/U.S._Treasury" class="mw-redirect" title="U.S. Treasury">U.S. Treasury</a> fell to a dangerously low level. This forced President Cleveland to borrow $65 million in gold from Wall Street banker <a href="/wiki/J.P._Morgan" class="mw-redirect" title="J.P. Morgan">J.P. Morgan</a> and the <a href="/wiki/Rothschild_banking_family_of_England" title="Rothschild banking family of England">Rothschild banking family of England</a>, through what was known as the Morgan-Belmont Syndicate<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> His party suffered enormous losses in the <a href="/wiki/United_States_House_of_Representatives_elections,_1894" class="mw-redirect" title="United States House of Representatives elections, 1894">1894 elections</a>, largely being blamed for the downward spiral in the economy and the brutal crushing of the <a href="/wiki/Pullman_Strike" title="Pullman Strike">Pullman Strike</a>. After their defeat in 1896, the Democrats did not regain control of any branch of the Federal Government until <a href="/wiki/1910_United_States_elections" title="1910 United States elections">1910</a>. </p><p>A rarely talked-about effect is the <a href="/wiki/Love_Canal" title="Love Canal">Love Canal</a> disaster. People who were earlier keen to invest in the Love Canal stopped doing so, which led to the abandonment of its construction. Ultimately the canal ended up being a large toxic waste repository, with severe negative environmental effects. Love Canal remains synonymous with environmental pollution and degradation. </p> <div class="mw-heading mw-heading3"><h3 id="Shipping">Shipping</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=5" title="Edit section: Shipping"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Grand_Central_Depot_1890s_crop.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Grand_Central_Depot_1890s_crop.jpg/220px-Grand_Central_Depot_1890s_crop.jpg" decoding="async" width="220" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Grand_Central_Depot_1890s_crop.jpg/330px-Grand_Central_Depot_1890s_crop.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Grand_Central_Depot_1890s_crop.jpg/440px-Grand_Central_Depot_1890s_crop.jpg 2x" data-file-width="722" data-file-height="456" /></a><figcaption>The <a href="/wiki/Grand_Central_Depot" class="mw-redirect" title="Grand Central Depot">Grand Central Depot</a> was an important hub for <a href="/wiki/Rail_transportation" class="mw-redirect" title="Rail transportation">rail transportation</a>, a major part of the <a href="/wiki/Shipping_industry" class="mw-redirect" title="Shipping industry">shipping industry</a> in the late nineteenth century</figcaption></figure> <p>The Panic of 1893 affected many aspects of the <a href="/wiki/Shipping_industry" class="mw-redirect" title="Shipping industry">shipping industry</a>, both by <a href="/wiki/Rail_transportation" class="mw-redirect" title="Rail transportation">rail</a> and maritime. It arrested the acquisition of ships and rolling stock and depressed shipping rates. </p> <div class="mw-heading mw-heading4"><h4 id="Fluctuations_in_railroad_investment_after_the_Panic_of_1893">Fluctuations in railroad investment after the Panic of 1893</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=6" title="Edit section: Fluctuations in railroad investment after the Panic of 1893"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The bad omen of investors switching from equity based <a href="/wiki/Stock" title="Stock">stocks</a> to constant return <a href="/wiki/Bond_(finance)" title="Bond (finance)">bonds</a> in 1894 was mirrored in the corporate finance actions of railroads which reduced their acquisition of <a href="/wiki/Rolling_stock" title="Rolling stock">rolling stock</a>. Railroad expansion including capital expenditures rose again in 1895, but slowed in 1897 during another economic trough.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Receivership">Receivership</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=7" title="Edit section: Receivership"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1893, the total railroad mileage in the U.S. was 176,803.6 miles. In 1894 and 1895, railroads only expanded 4,196.4 miles, although 100,000 miles of rail was added from 1878 to 1896.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> In 1893, the year following the panic, one fourth of all rail mileage went into receivership.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> The <a href="/wiki/U.S._Census" class="mw-redirect" title="U.S. Census">U.S. Census</a> placed this value at close to $1.8 billion (not adjusted for inflation), the largest amount recorded between 1876 and 1910. This was over $1 billion (also not adjusted for inflation) more than the next largest amount, in 1884.<sup id="cite_ref-:0_19-0" class="reference"><a href="#cite_note-:0-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Pullman_Strike">Pullman Strike</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=8" title="Edit section: Pullman Strike"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1894, the U.S. Army intervened during a strike in Chicago to prevent property damage.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> The <a href="/wiki/Pullman_Strike" title="Pullman Strike">Pullman Strike</a> began at the <a href="/wiki/Pullman_Company" title="Pullman Company">Pullman Company</a> in <a href="/wiki/Chicago" title="Chicago">Chicago</a> after Pullman refused to either lower rent in the company town or raise wages for its workers due to increased economic pressure from the Panic of 1893.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> Since the Pullman Company was a <a href="/wiki/Railroad_car" title="Railroad car">railroad car</a> company, this only increased the difficulty of acquiring rolling stock. </p> <div class="mw-heading mw-heading4"><h4 id="American_merchant_tonnage">American merchant tonnage</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=9" title="Edit section: American merchant tonnage"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The maritime industry of the United States did not escape the effects of the Panic of 1893. The total gross registered merchant marine tonnage employed in "foreign and coastwise trade and in the fisheries", as measured by the U.S. Census between 1888 and 1893, grew at a rate of about 2.74%. In 1894, U.S. gross tonnage decreased by 2.9%, and again in 1895 by 1.03%.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Rates">Rates</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=10" title="Edit section: Rates"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1894, the rate for a <a href="/wiki/Bushel" title="Bushel">bushel</a> of wheat by rail dropped from 14.70¢ in 1893 to 12.88¢. This rate continued to decrease, reaching a terminal rate in 1901 of 9.92¢ and never reached 12 cents between 1898 and 1910.<sup id="cite_ref-:0_19-1" class="reference"><a href="#cite_note-:0-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p><p>Between 1893 and 1894, average shipping rates by lake or canal per wheat bushel decreased by almost 2 cents, from 6.33¢ to 4.44¢. Rates on the transatlantic crossing from <a href="/wiki/New_York_City" title="New York City">New York City</a> to <a href="/wiki/Liverpool" title="Liverpool">Liverpool</a> also decreased, from 2 and 3/8 pence to 1 and 15/16 pence, but this reflected a continuing trend downward from a high of 3 and 1/8 pence in 1891.<sup id="cite_ref-:0_19-2" class="reference"><a href="#cite_note-:0-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="The_Morgan-Belmont_Syndicate">The Morgan-Belmont Syndicate</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=11" title="Edit section: The Morgan-Belmont Syndicate"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In February 1895, the <a href="/wiki/U.S._Government" class="mw-redirect" title="U.S. Government">U.S. Government</a> turned to private <a href="/wiki/Financial_institution" title="Financial institution">financial institutions</a> to underwrite the sale of <a href="/wiki/Treasury_Bonds" class="mw-redirect" title="Treasury Bonds">Treasury bonds</a>, stabilize <a href="/wiki/Exchange_rate" title="Exchange rate">exchange rates</a>, and return the Treasury to its <a href="/wiki/Gold_reserve" title="Gold reserve">gold reserve</a> requirement. The result was a contract drawn with what was called "The Morgan-Belmont Syndicate".<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p><p>The persistent balance of payments deficit in the 1890s which drained the Treasury gold reserves, caused concern from both domestic and foreign investors that the U.S. would abandon the gold standard. This prompted further gold withdrawals and bond liquidations which exacerbated the deficit. By February 2, 1895, the Treasury's gold reserves fell to approximately $42 million, well below the $100 million level required by the <a href="/wiki/Resumption_Act_of_1875" class="mw-redirect" title="Resumption Act of 1875">Resumption Act of 1875</a>. After a series of failed attempts to restore reserves by issuing bonds and depreciating <a href="/wiki/Bullion_coin" title="Bullion coin">specie</a> issued for <a href="/wiki/Legal_tender" title="Legal tender">legal tender</a>, the Treasury negotiated a contract with the Morgan-Belmont Syndicate to restore confidence in the government's ability to maintain the convertibility of legal tender into gold. </p><p>The full list of syndicate members was not made public, however the contract named <a href="/wiki/Drexel,_Morgan_%26_Co." class="mw-redirect" title="Drexel, Morgan & Co.">Drexel, Morgan & Co</a>., A. Belmont & Co., <a href="/wiki/J._S._Morgan_%26_Co." title="J. S. Morgan & Co.">J. S. Morgan & Co.</a>, and <a href="/wiki/N._M._Rothschild_%26_Sons" class="mw-redirect" title="N. M. Rothschild & Sons">N. M. Rothschild & Sons</a>. The syndicate achieved its goals through a combination of purchasing gold from smelters, convincing its members to purchase Treasury bonds with gold, inspiring confidence in bond and railroad securities investors, and unofficial <a href="/wiki/Capital_control" title="Capital control">capital controls</a> by convincing members and gold-exporting houses to "ship no gold" overseas. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=12" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Australian_banking_crisis_of_1893" title="Australian banking crisis of 1893">Australian banking crisis of 1893</a></li> <li><a href="/wiki/Black_Friday_(1869)" title="Black Friday (1869)">Black Friday (1869)</a> – also referred to as the "Gold Panic of 1869"</li> <li><a href="/wiki/Basic_City,_Virginia" title="Basic City, Virginia">Basic City, Virginia</a></li> <li><a href="/wiki/Denver_Depression_of_1893" title="Denver Depression of 1893">Denver Depression of 1893</a></li> <li><a href="/wiki/The_Driver_(novel)" title="The Driver (novel)"><i>The Driver</i></a>, a 1922 novel set during the panic</li> <li><a href="/wiki/Long_Depression" title="Long Depression">Long Depression</a></li> <li><a href="/wiki/Panic_of_1890" class="mw-redirect" title="Panic of 1890">Panic of 1890</a></li> <li><a href="/wiki/Panic_of_1896" title="Panic of 1896">Panic of 1896</a></li> <li><a href="/wiki/Second-term_curse" title="Second-term curse">Second-term curse</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=13" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFTimberlake,_Richard_H._Jr.1997" class="citation book cs1">Timberlake, Richard H. Jr. (1997). <span class="id-lock-registration" title="Free registration required"><a rel="nofollow" class="external text" href="https://archive.org/details/businesscyclesde00glas">"Panic of 1893"</a></span>. In Glasner, David; Cooley, Thomas F. (eds.). <i>Business Cycles and Depressions: an Encyclopedia</i>. New York: Garland Publishing. pp. 516–18. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-8240-0944-4" title="Special:BookSources/0-8240-0944-4"><bdi>0-8240-0944-4</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Panic+of+1893&rft.btitle=Business+Cycles+and+Depressions%3A+an+Encyclopedia&rft.place=New+York&rft.pages=516-18&rft.pub=Garland+Publishing&rft.date=1997&rft.isbn=0-8240-0944-4&rft.au=Timberlake%2C+Richard+H.+Jr.&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Fbusinesscyclesde00glas&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-Nelson,_Scott_Reynolds_2012._p._189-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-Nelson,_Scott_Reynolds_2012._p._189_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Nelson,_Scott_Reynolds_2012._p._189_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Nelson, Scott Reynolds. 2012. A Nation of Deadbeats. New York: Alfred Knopf, p. 189.</span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://eh.net/encyclopedia/the-depression-of-1893/">"The Depression of 1893"</a>. <i>eh.net</i><span class="reference-accessdate">. Retrieved <span class="nowrap">2019-09-27</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=eh.net&rft.atitle=The+Depression+of+1893&rft_id=http%3A%2F%2Feh.net%2Fencyclopedia%2Fthe-depression-of-1893%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text">Daniel Gross, <a rel="nofollow" class="external text" href="https://money.cnn.com/galleries/2007/news/0705/gallery.bubbles/2.html">The Bubbles that Built America: the Railroad</a>; accessed 2021.02.25.</span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=US&vol=155&invol=396">"IN RE RICE"</a>. <i>Findlaw</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Findlaw&rft.atitle=IN+RE+RICE&rft_id=http%3A%2F%2Fcaselaw.lp.findlaw.com%2Fscripts%2Fgetcase.pl%3Fcourt%3DUS%26vol%3D155%26invol%3D396&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">James L. Holton, <i>The Reading Railroad: History of a Coal Age Empire</i>, Vol. I: The Nineteenth Century, pp. 323–325, citing Vincent Corasso, <i>The Morgans</i>.</span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20100918164651/http://www.whitehouse.gov/about/presidents/grovercleveland24">"Grover Cleveland"</a>. <i>The White House</i>. Archived from <a rel="nofollow" class="external text" href="https://www.whitehouse.gov/about/presidents/grovercleveland24">the original</a> on 2010-09-18.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=The+White+House&rft.atitle=Grover+Cleveland&rft_id=https%3A%2F%2Fwww.whitehouse.gov%2Fabout%2Fpresidents%2Fgrovercleveland24&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-Cleveland-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-Cleveland_8-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20101009012123/http://millercenter.org/academic/americanpresident/cleveland/essays/biography/4">"American President: Grover Cleveland: Domestic Affairs"</a>. <i>Miller Center</i>. Archived from <a rel="nofollow" class="external text" href="http://millercenter.org/academic/americanpresident/cleveland/essays/biography/4">the original</a> on 2010-10-09.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Miller+Center&rft.atitle=American+President%3A+Grover+Cleveland%3A+Domestic+Affairs&rft_id=http%3A%2F%2Fmillercenter.org%2Facademic%2Famericanpresident%2Fcleveland%2Fessays%2Fbiography%2F4&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-whitten-9"><span class="mw-cite-backlink">^ <a href="#cite_ref-whitten_9-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-whitten_9-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWhitten" class="citation web cs1">Whitten, David O. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20090427161827/http://eh.net/encyclopedia/article/whitten.panic.1893">"Depression of 1893"</a>. EH.Net Encyclopedia. Archived from <a rel="nofollow" class="external text" href="http://eh.net/encyclopedia/article/whitten.panic.1893">the original</a> on 2009-04-27<span class="reference-accessdate">. Retrieved <span class="nowrap">2009-04-20</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Depression+of+1893&rft.pub=EH.Net+Encyclopedia&rft.aulast=Whitten&rft.aufirst=David+O.&rft_id=http%3A%2F%2Feh.net%2Fencyclopedia%2Farticle%2Fwhitten.panic.1893&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFTaylor2021" class="citation journal cs1">Taylor, Mark Zachary (2021-03-23). <a rel="nofollow" class="external text" href="https://doi.org/10.1080/08913811.2020.1881354">"Ideas and Their Consequences: Benjamin Harrison and the Seeds of Economic Crisis, 1889-1893"</a>. <i>Critical Review</i>. <b>33</b>: 102–127. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1080%2F08913811.2020.1881354">10.1080/08913811.2020.1881354</a>. <a href="/wiki/ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0891-3811">0891-3811</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:233706114">233706114</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Critical+Review&rft.atitle=Ideas+and+Their+Consequences%3A+Benjamin+Harrison+and+the+Seeds+of+Economic+Crisis%2C+1889-1893&rft.volume=33&rft.pages=102-127&rft.date=2021-03-23&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A233706114%23id-name%3DS2CID&rft.issn=0891-3811&rft_id=info%3Adoi%2F10.1080%2F08913811.2020.1881354&rft.aulast=Taylor&rft.aufirst=Mark+Zachary&rft_id=https%3A%2F%2Fdoi.org%2F10.1080%2F08913811.2020.1881354&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRomer1986" class="citation journal cs1"><a href="/wiki/Christina_Romer" title="Christina Romer">Romer, Christina</a> (1986). "Spurious Volatility in Historical Unemployment Data". <i>Journal of Political Economy</i>. <b>94</b> (1): 1–37. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F261361">10.1086/261361</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:15302777">15302777</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=Spurious+Volatility+in+Historical+Unemployment+Data&rft.volume=94&rft.issue=1&rft.pages=1-37&rft.date=1986&rft_id=info%3Adoi%2F10.1086%2F261361&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A15302777%23id-name%3DS2CID&rft.aulast=Romer&rft.aufirst=Christina&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFNorthrup2003" class="citation book cs1">Northrup, Cynthia Clark (2003). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=3DE4P7NdaycC&pg=PA195"><i>The American Economy: Essays and primary source documents</i></a>. ABC-CLIO. p. 195. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/9781576078662" title="Special:BookSources/9781576078662"><bdi>9781576078662</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+American+Economy%3A+Essays+and+primary+source+documents&rft.pages=195&rft.pub=ABC-CLIO&rft.date=2003&rft.isbn=9781576078662&rft.aulast=Northrup&rft.aufirst=Cynthia+Clark&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3D3DE4P7NdaycC%26pg%3DPA195&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text">Hoffman, Charles. <i>The Depression of the Nineties: An Economic History</i>. Westport, CT: Greenwood Publishing, 1970. p. 109.</span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text">Parshall, Gerald. "The Great Panic Of '93." U.S. News & World Report 113.17 (1992): 70. Academic Search Complete. Web. 26 Feb. 2013.</span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFFaulkner1959" class="citation book cs1">Faulkner, Harold U. (1959). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=_O2g_mDaYu8C"><i>Politics Reform and Expansion: 1890–1900</i></a>. pp. 143–44, 155–57.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Politics+Reform+and+Expansion%3A+1890%E2%80%931900&rft.pages=143-44%2C+155-57&rft.date=1959&rft.aulast=Faulkner&rft.aufirst=Harold+U.&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3D_O2g_mDaYu8C&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHoffmann1956" class="citation journal cs1">Hoffmann, Charles (1956). "The Depression of the Nineties". <i>The Journal of Economic History</i>. <b>16</b> (2): 137–164. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS0022050700058629">10.1017/S0022050700058629</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2114113">2114113</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:155082457">155082457</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Journal+of+Economic+History&rft.atitle=The+Depression+of+the+Nineties&rft.volume=16&rft.issue=2&rft.pages=137-164&rft.date=1956&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A155082457%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2114113%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1017%2FS0022050700058629&rft.aulast=Hoffmann&rft.aufirst=Charles&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation journal cs1">"Annual report of the Interstate Commerce Commission. 1896". <i>Interstate Commerce Commission ... Annual Report</i>. 1887. <a href="/wiki/Hdl_(identifier)" class="mw-redirect" title="Hdl (identifier)">hdl</a>:<a rel="nofollow" class="external text" href="https://hdl.handle.net/2027%2Fuc1.%24b796977">2027/uc1.$b796977</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Interstate+Commerce+Commission+...+Annual+Report&rft.atitle=Annual+report+of+the+Interstate+Commerce+Commission.+1896.&rft.date=1887&rft_id=info%3Ahdl%2F2027%2Fuc1.%24b796977&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-18"><span class="mw-cite-backlink"><b><a href="#cite_ref-18">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLeonard1949" class="citation journal cs1">Leonard, W. N. (1949). "The Decline of Railroad Consolidation". <i>The Journal of Economic History</i>. <b>9</b> (1): 1–24. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS0022050700090306">10.1017/S0022050700090306</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2113718">2113718</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154515537">154515537</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Journal+of+Economic+History&rft.atitle=The+Decline+of+Railroad+Consolidation&rft.volume=9&rft.issue=1&rft.pages=1-24&rft.date=1949&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154515537%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2113718%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1017%2FS0022050700090306&rft.aulast=Leonard&rft.aufirst=W.+N.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-:0-19"><span class="mw-cite-backlink">^ <a href="#cite_ref-:0_19-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:0_19-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-:0_19-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www2.census.gov/library/publications/1911/compendia/statab/33ed/1910-05.pdf">"Internal Communication and Transportation"</a> <span class="cs1-format">(PDF)</span>. <i>United States Census Bureau</i>. 30 Mar 2015.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=United+States+Census+Bureau&rft.atitle=Internal+Communication+and+Transportation&rft.date=2015-03-30&rft_id=https%3A%2F%2Fwww2.census.gov%2Flibrary%2Fpublications%2F1911%2Fcompendia%2Fstatab%2F33ed%2F1910-05.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRondinone2009" class="citation journal cs1">Rondinone, Troy (2009). "Guarding the Switch: Cultivating Nationalism during the Pullman Strike". <i>The Journal of the Gilded Age and Progressive Era</i>. <b>8</b> (1): 83–109. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS1537781400001018">10.1017/S1537781400001018</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/40542737">40542737</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:163078715">163078715</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Journal+of+the+Gilded+Age+and+Progressive+Era&rft.atitle=Guarding+the+Switch%3A+Cultivating+Nationalism+during+the+Pullman+Strike&rft.volume=8&rft.issue=1&rft.pages=83-109&rft.date=2009&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A163078715%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F40542737%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1017%2FS1537781400001018&rft.aulast=Rondinone&rft.aufirst=Troy&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBigott2001" class="citation book cs1">Bigott, Joseph C. (2001-08-15). <span class="id-lock-registration" title="Free registration required"><a rel="nofollow" class="external text" href="https://archive.org/details/fromcottagetobun00jose"><i>From Cottage to Bungalow: Houses and the Working Class in Metropolitan Chicago, 1869-1929</i></a></span>. University of Chicago Press. p. <a rel="nofollow" class="external text" href="https://archive.org/details/fromcottagetobun00jose/page/93">93</a>. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/9780226048758" title="Special:BookSources/9780226048758"><bdi>9780226048758</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=From+Cottage+to+Bungalow%3A+Houses+and+the+Working+Class+in+Metropolitan+Chicago%2C+1869-1929&rft.pages=93&rft.pub=University+of+Chicago+Press&rft.date=2001-08-15&rft.isbn=9780226048758&rft.aulast=Bigott&rft.aufirst=Joseph+C.&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Ffromcottagetobun00jose&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www2.census.gov/library/publications/1911/compendia/statab/33ed/1910-06.pdf">"Merchant Marine and Shipping"</a> <span class="cs1-format">(PDF)</span>. <i>United States Census Bureau</i>. 30 Mar 2015.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=United+States+Census+Bureau&rft.atitle=Merchant+Marine+and+Shipping&rft.date=2015-03-30&rft_id=https%3A%2F%2Fwww2.census.gov%2Flibrary%2Fpublications%2F1911%2Fcompendia%2Fstatab%2F33ed%2F1910-06.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHoffmann1956" class="citation journal cs1">Hoffmann, Charles (1956). <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2114113">"The Depression of the Nineties"</a>. <i>The Journal of Economic History</i>. <b>16</b> (2): 137–164. <a href="/wiki/ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0022-0507">0022-0507</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2114113">2114113</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Journal+of+Economic+History&rft.atitle=The+Depression+of+the+Nineties&rft.volume=16&rft.issue=2&rft.pages=137-164&rft.date=1956&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2114113%23id-name%3DJSTOR&rft.issn=0022-0507&rft.aulast=Hoffmann&rft.aufirst=Charles&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2114113&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=14" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Contemporary_sources">Contemporary sources</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=15" title="Edit section: Contemporary sources"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239549316">.mw-parser-output .refbegin{margin-bottom:0.5em}.mw-parser-output .refbegin-hanging-indents>ul{margin-left:0}.mw-parser-output .refbegin-hanging-indents>ul>li{margin-left:0;padding-left:3.2em;text-indent:-3.2em}.mw-parser-output .refbegin-hanging-indents ul,.mw-parser-output .refbegin-hanging-indents ul li{list-style:none}@media(max-width:720px){.mw-parser-output .refbegin-hanging-indents>ul>li{padding-left:1.6em;text-indent:-1.6em}}.mw-parser-output .refbegin-columns{margin-top:0.3em}.mw-parser-output .refbegin-columns ul{margin-top:0}.mw-parser-output .refbegin-columns li{page-break-inside:avoid;break-inside:avoid-column}@media screen{.mw-parser-output .refbegin{font-size:90%}}</style><div class="refbegin refbegin-columns references-column-width" style="column-width: 60em"> <ul><li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=ar0_AAAAYAAJ&q=intitle:annuaL+intitle:CYCLOPEDIA"><i>American Annual Cyclopedia...1894</i> (1895) online</a></li> <li>Baum, Lyman Frank and W. W. Denslow. <i><a href="/wiki/The_Wonderful_Wizard_of_Oz" title="The Wonderful Wizard of Oz">The Wonderful Wizard of Oz</a></i> (1900); see <a href="/wiki/Political_interpretations_of_The_Wonderful_Wizard_of_Oz" title="Political interpretations of The Wonderful Wizard of Oz">Political interpretations of The Wonderful Wizard of Oz</a></li> <li>Brice, Lloyd Stephens, and James J. Wait. "The Railway Problem." <i>North American Review</i> 164 (March 1897): 327–48. online at MOA Cornell.</li> <li>Cleveland, Frederick A. "The Final Report of the Monetary Commission," <i>Annals of the American Academy of Political and Social Science</i> 13 (January 1899): 31–56 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1009378">in JSTOR</a></li> <li>Closson, Carlos C. Jr. "The Unemployed in American Cities." <i>Quarterly Journal of Economics</i>, vol. 8, no. 2 (January 1894) 168–217 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1883710">in JSTOR</a>; vol. 8, no. 4 (July 1894): 443–77 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1885004">in JSTOR</a></li> <li>Fisher, Willard. "‘Coin’ and His Critics." <i>Quarterly Journal of Economics</i> 10 (January 1896): 187–208 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1882378">in JSTOR</a></li> <li>Harvey, William H. <i>Coin’s Financial School</i> (1894), 1963 (Introduction by Richard Hofstadter). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=6iYMAQAAIAAJ">online first edition</a></li> <li>Noyes, Alexander Dana. "The Banks and the Panic," <i>Political Science Quarterly</i> 9 (March 1894): 12–28 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2139901">in JSTOR</a>.</li> <li>Shaw, Albert. "Relief for the Unemployed in American Cities," <i><a href="/wiki/Review_of_Reviews" title="Review of Reviews">Review of Reviews</a></i> 9 (January and February 1894): 29–37, 179–91.</li> <li>Stevens, Albert Clark. "An Analysis of the Phenomena of the Panic in the United States in 1893," <i>Quarterly Journal of Economics</i> 8 (January 1894): 117–48 <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1883708">in JSTOR</a>.</li></ul> </div> <div class="mw-heading mw-heading3"><h3 id="Secondary_sources">Secondary sources</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=16" title="Edit section: Secondary sources"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239549316"><div class="refbegin refbegin-columns references-column-width" style="column-width: 60em"> <ul><li>Barnes, James A. <i>John G. Carlisle: Financial Statesman</i> (1931).</li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBarnes1947" class="citation journal cs1">Barnes, James A. (1947). "Myths of the Bryan Campaign". <i>Mississippi Valley Historical Review</i>. <b>34</b> (3). The Mississippi Valley Historical Review, Vol. 34, No. 3: 383–94. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.2307%2F1898096">10.2307/1898096</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1898096">1898096</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Mississippi+Valley+Historical+Review&rft.atitle=Myths+of+the+Bryan+Campaign&rft.volume=34&rft.issue=3&rft.pages=383-94&rft.date=1947&rft_id=info%3Adoi%2F10.2307%2F1898096&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1898096%23id-name%3DJSTOR&rft.aulast=Barnes&rft.aufirst=James+A.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBent2015" class="citation cs2">Bent, Peter H. (2015), "The Stabilising Effects of the Dingley Tariff and the Recovery from the 1890s Depression in the United States", <i>Crises in Economic and Social History: A Comparative Perspective</i>, pp. 373–390. <a rel="nofollow" class="external autonumber" href="https://books.google.com/books?id=CPKMrgEACAAJ">[1]</a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=The+Stabilising+Effects+of+the+Dingley+Tariff+and+the+Recovery+from+the+1890s+Depression+in+the+United+States&rft.btitle=Crises+in+Economic+and+Social+History%3A+A+Comparative+Perspective&rft.pages=373-390.+https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DCPKMrgEACAAJ&rft.date=2015&rft.aulast=Bent&rft.aufirst=Peter+H.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBent2015" class="citation journal cs1">Bent, Peter H. (2015). "The Political Power of Economic Ideas: Protectionism in Turn of the Century America". <i>Economic Thought</i>. <b>4</b> (2): 68–79. <a rel="nofollow" class="external autonumber" href="http://et.worldeconomicsassociation.org/files/WEA-ET-4-2.pdf#page=69">[2]</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Economic+Thought&rft.atitle=The+Political+Power+of+Economic+Ideas%3A+Protectionism+in+Turn+of+the+Century+America&rft.volume=4&rft.issue=2&rft.pages=68-79.+http%3A%2F%2Fet.worldeconomicsassociation.org%2Ffiles%2FWEA-ET-4-2.pdf%23page%3D69&rft.date=2015&rft.aulast=Bent&rft.aufirst=Peter+H.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li>Destler, Chester McArthur. <i>American Radicalism, 1865–1901</i> (1966).</li> <li><a href="/wiki/Davis_Rich_Dewey" title="Davis Rich Dewey">Dewey, Davis Rich</a>. <i>Financial History of the United States</i> (1903). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=l3oaAAAAMAAJ">online</a>.</li> <li>Dighe, Ranjit S. ed. <i>The Historian's Wizard of Oz: Reading L. Frank Baum's Classic as a Political and Monetary Allegory</i> (2002).</li> <li>Dorfman, Joseph Harry. <i>The Economic Mind in American Civilization.</i> (1949). vol 3.</li> <li>Faulkner, Harold Underwood. <i>Politics, Reform, and Expansion, 1890–1900.</i> (1959).</li> <li>Feder, Leah Hanna. <i>Unemployment Relief in Periods of Depression ... 1857–1920</i> (1926).</li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Friedman, Milton</a>, and <a href="/wiki/Anna_Schwartz" title="Anna Schwartz">Anna Jacobson Schwartz</a>. <i>A Monetary History of the United States, 1867–1960</i> (1963).</li> <li>Harpine, William D. <i>From the Front Porch to the Front Page: McKinley and Bryan in the 1896 Presidential Campaign</i> (2006) <a rel="nofollow" class="external text" href="https://www.amazon.com/gp/product/1585445592/">excerpt and text search</a></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHoffmann1956" class="citation journal cs1">Hoffmann, Charles (1956). "The Depression of the Nineties". <i>Journal of Economic History</i>. <b>16</b> (2): 137–64. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS0022050700058629">10.1017/S0022050700058629</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2114113">2114113</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:155082457">155082457</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Economic+History&rft.atitle=The+Depression+of+the+Nineties&rft.volume=16&rft.issue=2&rft.pages=137-64&rft.date=1956&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A155082457%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2114113%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1017%2FS0022050700058629&rft.aulast=Hoffmann&rft.aufirst=Charles&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li>Hoffmann, Charles. <i>The Depression of the Nineties: An Economic History</i> (1970).</li> <li>Jensen, Richard. <i>The Winning of the Midwest: 1888–1896</i> (1971).</li> <li>Josephson, Matthew. <i>The Robber Barons</i> New York: Harcourt Brace Jovanovich (1990).</li> <li>Kirkland, Edward Chase. <i>Industry Comes of Age, 1860–1897</i> (1961).</li> <li>Lauck, William Jett. <i>The Causes of the Panic of 1893</i> (1907). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=84coAAAAYAAJ">online</a></li> <li>Lindsey, Almont. <i>The Pullman Strike</i> 1942.</li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLittlefield1964" class="citation journal cs1">Littlefield, Henry M. (1964). "The Wizard of Oz: Parable on Populism". <i>American Quarterly</i>. <b>16</b> (1). American Quarterly, Vol. 16, No. 1: 47–58. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.2307%2F2710826">10.2307/2710826</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2710826">2710826</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=American+Quarterly&rft.atitle=The+Wizard+of+Oz%3A+Parable+on+Populism&rft.volume=16&rft.issue=1&rft.pages=47-58&rft.date=1964&rft_id=info%3Adoi%2F10.2307%2F2710826&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2710826%23id-name%3DJSTOR&rft.aulast=Littlefield&rft.aufirst=Henry+M.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li>Nevins, Allan. <i>Grover Cleveland: A Study in Courage.</i> 1932, Pulitzer Prize.</li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRamsey2018" class="citation book cs1"><a href="/wiki/Bruce_Ramsey" title="Bruce Ramsey">Ramsey, Bruce</a> (2018). <i>The Panic of 1893: The Untold Story of Washington State's First Depression</i>. <a href="/wiki/Caxton_Press_(United_States)" title="Caxton Press (United States)">Caxton Press</a>. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0870046216" title="Special:BookSources/978-0870046216"><bdi>978-0870046216</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Panic+of+1893%3A+The+Untold+Story+of+Washington+State%27s+First+Depression&rft.pub=Caxton+Press&rft.date=2018&rft.isbn=978-0870046216&rft.aulast=Ramsey&rft.aufirst=Bruce&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRezneck1953" class="citation journal cs1">Rezneck, Samuel S. (1953). "Unemployment, Unrest, and Relief in the United States during the Depression of 1893–97". <i><a href="/wiki/Journal_of_Political_Economy" title="Journal of Political Economy">Journal of Political Economy</a></i>. <b>61</b> (4). The Journal of Political Economy, Vol. 61, No. 4: 324–345. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F257393">10.1086/257393</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1826883">1826883</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154074481">154074481</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=Unemployment%2C+Unrest%2C+and+Relief+in+the+United+States+during+the+Depression+of+1893%E2%80%9397&rft.volume=61&rft.issue=4&rft.pages=324-345&rft.date=1953&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154074481%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1826883%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1086%2F257393&rft.aulast=Rezneck&rft.aufirst=Samuel+S.&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li>Ritter, Gretchen. <i>Goldbugs and Greenbacks: The Anti-Monopoly Tradition and the Politics of Finance in America</i> (1997)</li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRitter1997" class="citation journal cs1">Ritter, Gretchen (1997). "Silver slippers and a golden cap: L. Frank Baum's The Wonderful Wizard of Oz and historical memory in American politics". <i>Journal of American Studies</i>. <b>31</b> (2): 171–203. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS0021875897005628">10.1017/S0021875897005628</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:144369952">144369952</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+American+Studies&rft.atitle=Silver+slippers+and+a+golden+cap%3A+L.+Frank+Baum%27s+The+Wonderful+Wizard+of+Oz+and+historical+memory+in+American+politics&rft.volume=31&rft.issue=2&rft.pages=171-203&rft.date=1997&rft_id=info%3Adoi%2F10.1017%2FS0021875897005628&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A144369952%23id-name%3DS2CID&rft.aulast=Ritter&rft.aufirst=Gretchen&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRockoff1990" class="citation journal cs1">Rockoff, Hugh (1990). "The 'Wizard of Oz' as a Monetary Allegory". <i>Journal of Political Economy</i>. <b>98</b> (4). The Journal of Political Economy, Vol. 98, No. 4: 739–60. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F261704">10.1086/261704</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2937766">2937766</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:153606670">153606670</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=The+%27Wizard+of+Oz%27+as+a+Monetary+Allegory&rft.volume=98&rft.issue=4&rft.pages=739-60&rft.date=1990&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A153606670%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2937766%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1086%2F261704&rft.aulast=Rockoff&rft.aufirst=Hugh&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRomer1986" class="citation journal cs1"><a href="/wiki/Christina_Romer" title="Christina Romer">Romer, Christina</a> (1986). "Spurious Volatility in Historical Unemployment Data". <i>Journal of Political Economy</i>. <b>94</b> (1): 1–37. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F261361">10.1086/261361</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:15302777">15302777</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=Spurious+Volatility+in+Historical+Unemployment+Data&rft.volume=94&rft.issue=1&rft.pages=1-37&rft.date=1986&rft_id=info%3Adoi%2F10.1086%2F261361&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A15302777%23id-name%3DS2CID&rft.aulast=Romer&rft.aufirst=Christina&rfr_id=info%3Asid%2Fen.wikipedia.org%3APanic+of+1893" class="Z3988"></span></li> <li>Schwantes, Carlos A. <i>Coxey’s Army: An American Odyssey</i> (1985).</li> <li><a href="/wiki/Fred_Albert_Shannon" title="Fred Albert Shannon">Shannon, Fred Albert</a>. <i>The Farmer’s Last Frontier: Agriculture, 1860–1897</i> (1945).</li> <li>Steeples, Douglas, and David O. Whitten. <i>Democracy in Desperation: The Depression of 1893</i> (1998).</li> <li>Strouse, Jean. <i>Morgan: American Financier</i> (1999).</li> <li>White; Gerald T. <i>The United States and the Problem of Recovery after 1893</i> (1982).</li> <li>Whitten, David. <a rel="nofollow" class="external text" href="http://eh.net/encyclopedia/the-depression-of-1893/">EH.NET article on the Depression of 1893</a></li> <li>Wicker, Elmus. <i>Banking panics of the gilded age</i> (Cambridge University Press, 2006) <a rel="nofollow" class="external text" href="https://web.archive.org/web/20140323075727/http://www.langtoninfo.co.uk/web_content/9780521025478_frontmatter.pdf">contents</a></li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Panic_of_1893&action=edit&section=17" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output .side-box{margin:4px 0;box-sizing:border-box;border:1px solid #aaa;font-size:88%;line-height:1.25em;background-color:var(--background-color-interactive-subtle,#f8f9fa);display:flow-root}.mw-parser-output .side-box-abovebelow,.mw-parser-output .side-box-text{padding:0.25em 0.9em}.mw-parser-output .side-box-image{padding:2px 0 2px 0.9em;text-align:center}.mw-parser-output .side-box-imageright{padding:2px 0.9em 2px 0;text-align:center}@media(min-width:500px){.mw-parser-output .side-box-flex{display:flex;align-items:center}.mw-parser-output .side-box-text{flex:1;min-width:0}}@media(min-width:720px){.mw-parser-output .side-box{width:238px}.mw-parser-output .side-box-right{clear:right;float:right;margin-left:1em}.mw-parser-output .side-box-left{margin-right:1em}}</style><style data-mw-deduplicate="TemplateStyles:r1237033735">@media print{body.ns-0 .mw-parser-output .sistersitebox{display:none!important}}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}</style><div class="side-box side-box-right plainlinks sistersitebox"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style> <div class="side-box-flex"> <div class="side-box-image"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png" decoding="async" width="30" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/45px-Commons-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/59px-Commons-logo.svg.png 2x" data-file-width="1024" data-file-height="1376" /></span></span></div> <div class="side-box-text plainlist">Wikimedia Commons has media related to <span style="font-weight: bold; font-style: italic;"><a href="https://commons.wikimedia.org/wiki/Category:Panic_of_1893" class="extiw" title="commons:Category:Panic of 1893">Panic of 1893</a></span>.</div></div> </div> <ul><li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20101214084202/http://cooperativeindividualism.org/george-henry_causes-of-business-depression.html">Causes of the Business Depression</a> by <a href="/wiki/Henry_George" title="Henry George">Henry George</a>; appeared in <i>Once a Week</i>, a New York periodical, March 6, 1894</li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Economic_expansions_and_recessions_in_the_United_States_and_Commonwealth_of_Nations_countries" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:United_States_%E2%80%93_Commonwealth_of_Nations_recessions" title="Template:United States – Commonwealth of Nations recessions"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:United_States_%E2%80%93_Commonwealth_of_Nations_recessions" title="Template talk:United States – Commonwealth of Nations recessions"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:United_States_%E2%80%93_Commonwealth_of_Nations_recessions" title="Special:EditPage/Template:United States – Commonwealth of Nations recessions"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Economic_expansions_and_recessions_in_the_United_States_and_Commonwealth_of_Nations_countries" style="font-size:114%;margin:0 4em"><a href="/wiki/List_of_economic_expansions_in_the_United_States" title="List of economic expansions in the United States">Economic expansions</a> and <a href="/wiki/List_of_recessions_in_the_United_States" title="List of recessions in the United States">recessions in the United States</a> and <a href="/wiki/Member_states_of_the_Commonwealth_of_Nations" title="Member states of the Commonwealth of Nations">Commonwealth of Nations countries</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><a href="/wiki/Aggregate_demand" title="Aggregate demand">Aggregate demand</a>/<a href="/wiki/Aggregate_supply" title="Aggregate supply">Supply</a> <ul><li><a href="/wiki/Effective_demand" title="Effective demand">Effective demand</a></li> <li><a href="/wiki/General_glut" title="General glut">General glut</a></li> <li><a href="/wiki/AD%E2%80%93AS_model" title="AD–AS model">Model</a></li> <li><a href="/wiki/Overproduction" title="Overproduction">Overproduction</a></li> <li><a href="/wiki/Paradox_of_thrift" title="Paradox of thrift">Paradox of thrift</a></li> <li><a href="/wiki/Nominal_rigidity" title="Nominal rigidity">Price-and-wage stickiness</a></li> <li><a href="/wiki/Underconsumption" title="Underconsumption">Underconsumption</a></li></ul></li> <li><a href="/wiki/Business_cycle" title="Business cycle">Business cycle</a></li> <li><a href="/wiki/Deflation" title="Deflation">Deflation</a>/<a href="/wiki/Inflation" title="Inflation">Inflation</a> <ul><li><a href="/wiki/Chronic_inflation" title="Chronic inflation">Chronic</a></li> <li><a href="/wiki/Classical_dichotomy" title="Classical dichotomy">Classical dichotomy</a></li> <li><a href="/wiki/Disinflation" title="Disinflation">Disinflation</a></li> <li><a href="/wiki/Money_supply" title="Money supply">Money supply</a>/<a href="/wiki/Demand_for_money" title="Demand for money">demand</a></li> <li><a href="/wiki/Neutrality_of_money" title="Neutrality of money">Neutrality of money</a></li> <li><a href="/wiki/Price_level" title="Price level">Price level</a></li> <li><a href="/wiki/Real_versus_nominal_value_(economics)" class="mw-redirect" title="Real versus nominal value (economics)">Real and nominal values</a></li> <li><a href="/wiki/Velocity_of_money" title="Velocity of money">Velocity of money</a></li></ul></li> <li><a href="/wiki/Economic_expansion" title="Economic expansion">Economic expansion</a> <ul><li><a href="/wiki/Economic_recovery" title="Economic recovery">Recovery</a></li> <li><a href="/wiki/Economic_stagnation" title="Economic stagnation">Stagnation</a></li> <li><a href="/wiki/List_of_economic_expansions_in_the_United_States" title="List of economic expansions in the United States">U.S. expansions</a></li></ul></li> <li><a href="/wiki/Interest_rate" title="Interest rate">Interest rate</a> <ul><li><a href="/wiki/Nominal_interest_rate" title="Nominal interest rate">Nominal interest rate</a></li> <li><a href="/wiki/Real_interest_rate" title="Real interest rate">Real interest rate</a></li> <li><a href="/wiki/Yield_curve" title="Yield curve">Yield curve</a>/<a href="/wiki/Inverted_yield_curve" title="Inverted yield curve">Inverted</a></li></ul></li> <li><a href="/wiki/Recession" title="Recession">Recession</a> <ul><li><a href="/wiki/Balance_sheet_recession" title="Balance sheet recession">Balance sheet</a></li> <li><a href="/wiki/Economic_depression" title="Economic depression">Depression</a></li> <li><a href="/wiki/Global_recession" title="Global recession">Global</a></li> <li><a href="/wiki/Rolling_recession" title="Rolling recession">Rolling</a></li> <li><a href="/wiki/Recession_shapes" title="Recession shapes">Shapes</a></li> <li><a href="/wiki/Stagflation" title="Stagflation">Stagflation</a></li> <li><a href="/wiki/List_of_recessions_in_the_United_Kingdom" title="List of recessions in the United Kingdom">U.K. recessions</a></li> <li><a href="/wiki/List_of_recessions_in_the_United_States" title="List of recessions in the United States">U.S. recessions</a></li></ul></li> <li><a href="/wiki/Shock_(economics)" title="Shock (economics)">Shock</a> <ul><li><a href="/wiki/Demand_shock" title="Demand shock">Demand</a></li> <li><a href="/wiki/Supply_shock" title="Supply shock">Supply</a></li></ul></li> <li><a href="/wiki/Unemployment" title="Unemployment">Unemployment</a> <ul><li><a href="/wiki/Sahm_rule" title="Sahm rule">Sahm rule</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Commercial_revolution" title="Commercial revolution">Commercial revolution</a><br />(1000–1760)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Great_Slump_(15th_century)" title="Great Slump (15th century)">Great Slump</a> (1430–1490)</li> <li><a href="/wiki/War_of_the_Spanish_Succession" title="War of the Spanish Succession">Slump of 1706</a></li> <li><a href="/wiki/Great_Frost_of_1709" title="Great Frost of 1709">Great Frost of 1709</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Industrial_Revolution" title="Industrial Revolution">1st Industrial Revolution</a><br />(1760–1840)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/British_credit_crisis_of_1772%E2%80%931773" title="British credit crisis of 1772–1773">British credit crisis of 1772–1773</a> <ul><li>1772–1774; <a href="/wiki/British_credit_crisis_of_1772%E2%80%931773#Effects_in_London" title="British credit crisis of 1772–1773">England</a></li> <li><a href="/wiki/British_credit_crisis_of_1772%E2%80%931773#Scotland" title="British credit crisis of 1772–1773">Scotland</a></li> <li><a href="/wiki/British_credit_crisis_of_1772%E2%80%931773" title="British credit crisis of 1772–1773">American Colonies</a></li></ul></li> <li>1785–1788</li> <li><a href="/wiki/Copper_Panic_of_1789" title="Copper Panic of 1789">Copper Panic of 1789</a>/<a href="/wiki/Panic_of_1792" title="Panic of 1792">Panic of 1792</a> (1789–1793)</li> <li><a href="/wiki/Panic_of_1796%E2%80%931797" title="Panic of 1796–1797">Panic of 1796–1797</a> (1796–1799)</li> <li>1802–1804</li> <li>1807–1810</li> <li>1812</li> <li><a href="/wiki/Post-Napoleonic_Depression" title="Post-Napoleonic Depression">Post-Napoleonic Depression</a> (1815–1821)</li> <li>1822–23</li> <li><a href="/wiki/Panic_of_1825" title="Panic of 1825">Panic of 1825</a> (1825–1826)</li> <li>1828–29</li> <li>1833–34</li> <li><a href="/wiki/Panic_of_1837" title="Panic of 1837">Panic of 1837</a> (1836–1838 and 1839–1843)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Victorian_era" title="Victorian era">Early Victorian Britain</a>/<br /><a href="/wiki/History_of_the_United_States_(1849%E2%80%931865)" title="History of the United States (1849–1865)">Civil War-era United States</a><br />(1840–1870)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>1845–46</li> <li><a href="/wiki/Panic_of_1847" title="Panic of 1847">Panic of 1847</a> (1847–1848)</li> <li>1853–54</li> <li><a href="/wiki/Panic_of_1857" title="Panic of 1857">Panic of 1857</a> (1857–1858)</li> <li>1860–61</li> <li><a href="/wiki/Panic_of_1866" title="Panic of 1866">Panic of 1866</a> (1865–1867)</li> <li><a href="/wiki/Black_Friday_(1869)" title="Black Friday (1869)">Black Friday</a> (1869–1870)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Gilded_Age" title="Gilded Age">Gilded Age</a>/<br /><a href="/wiki/Second_Industrial_Revolution" title="Second Industrial Revolution">2nd Industrial Revolution</a><br />(1870–1914)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Long_Depression" title="Long Depression">Long Depression</a>/<a href="/wiki/The_Great_Deflation" title="The Great Deflation">Great Deflation</a> <ul><li>1873–1879; <a href="/wiki/Long_Depression#United_Kingdom" title="Long Depression">United Kingdom</a></li> <li><a href="/wiki/Long_Depression#United_States" title="Long Depression">United States</a></li></ul></li> <li><a href="/wiki/Depression_of_1882%E2%80%931885" title="Depression of 1882–1885">Depression of 1882–1885</a></li> <li>1887–88</li> <li><a href="/wiki/Baring_crisis" title="Baring crisis">Baring crisis</a> (1890–1891)</li> <li><a class="mw-selflink selflink">Panic of 1893</a> (1893–1897)</li> <li>1899–1900</li> <li><a href="/wiki/Panic_of_1901" title="Panic of 1901">Panic of 1901</a> (1902–1904)</li> <li><a href="/wiki/Panic_of_1907" title="Panic of 1907">Panic of 1907</a> (1907–1908)</li> <li><a href="/wiki/Panic_of_1910%E2%80%9311" title="Panic of 1910–11">Panic of 1910–11</a> (1910–1912)</li> <li><a href="/wiki/Financial_crisis_of_1914" title="Financial crisis of 1914">Financial crisis of 1914</a> (1913–14)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Interwar_period" title="Interwar period">Interwar period</a><br />(1918–1939)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Post%E2%80%93World_War_I_recession" title="Post–World War I recession">Post–World War I recession</a> (1918–1919)</li> <li><a href="/wiki/Depression_of_1920%E2%80%931921" title="Depression of 1920–1921">Depression of 1920–1921</a></li> <li><a href="/wiki/Roaring_Twenties" title="Roaring Twenties">Roaring Twenties</a></li> <li>1923–1924</li> <li>1926–1927</li> <li><a href="/wiki/Great_Depression" title="Great Depression">Great Depression</a> <ul><li>1929–1939; <a href="/wiki/Great_Depression_in_Australia" title="Great Depression in Australia">Australia</a></li> <li><a href="/wiki/Great_Depression_in_Canada" title="Great Depression in Canada">Canada</a></li> <li><a href="/wiki/Great_Depression_in_India" title="Great Depression in India">India</a></li> <li><a href="/wiki/History_of_New_Zealand" title="History of New Zealand">New Zealand</a></li> <li><a href="/wiki/Great_Depression_in_South_Africa" title="Great Depression in South Africa">South Africa</a></li> <li><a href="/wiki/Great_Depression_in_the_United_Kingdom" title="Great Depression in the United Kingdom">United Kingdom</a></li> <li><a href="/wiki/Great_Depression_in_the_United_States" title="Great Depression in the United States">United States</a></li></ul></li> <li><a href="/wiki/Recession_of_1937%E2%80%931938" title="Recession of 1937–1938">Recession of 1937–1938</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Post%E2%80%93World_War_II_economic_expansion" title="Post–World War II economic expansion">Post–WWII expansion</a><br />(1945–1973)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>1945</li> <li><a href="/wiki/Recession_of_1949" title="Recession of 1949">Recession of 1949</a> (1948–1949)</li> <li><a href="/wiki/Recession_of_1953" title="Recession of 1953">Recession of 1953</a> (1953–1954)</li> <li><a href="/wiki/Recession_of_1958" title="Recession of 1958">Recession of 1958</a> (1957–1958)</li> <li><a href="/wiki/Recession_of_1960%E2%80%931961" title="Recession of 1960–1961">Recession of 1960–1961</a></li> <li><a href="/wiki/Recession_of_1969%E2%80%931970" title="Recession of 1969–1970">Recession of 1969–1970</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Stagflation" title="Stagflation">Great Inflation</a><br />(1973–1982)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/1973%E2%80%931975_recession" title="1973–1975 recession">1973–1975 recession</a> <ul><li><a href="/wiki/1973%E2%80%931975_recession#United_Kingdom" title="1973–1975 recession">United Kingdom</a></li> <li><a href="/wiki/1973%E2%80%931975_recession#United_States" title="1973–1975 recession">United States</a></li></ul></li> <li><a href="/wiki/Early_1980s_recession" title="Early 1980s recession">Early 1980s recession</a> <ul><li>1980–1982; <a href="/wiki/Early_1980s_recession#Canada" title="Early 1980s recession">Canada</a></li> <li><a href="/wiki/Early_1980s_recession#United_Kingdom" title="Early 1980s recession">United Kingdom</a></li> <li><a href="/wiki/Early_1980s_recession_in_the_United_States" title="Early 1980s recession in the United States">United States</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Great_Moderation" title="Great Moderation">Great Moderation</a>/<br /><a href="/wiki/Great_Regression" class="mw-redirect" title="Great Regression">Great Regression</a><br />(1982–2007)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/1990s_United_States_boom" title="1990s United States boom">1990s United States boom</a></li> <li><a href="/wiki/Early_1990s_recession" title="Early 1990s recession">Early 1990s recession</a> <ul><li>1990–1991; <a href="/wiki/Early_1990s_recession_in_Australia" title="Early 1990s recession in Australia">Australia</a></li> <li><a href="/wiki/Early_1990s_recession#Canada" title="Early 1990s recession">Canada</a></li> <li><a href="/wiki/Early_1990s_recession#United_Kingdom" title="Early 1990s recession">United Kingdom</a></li> <li><a href="/wiki/Early_1990s_recession_in_the_United_States" title="Early 1990s recession in the United States">United States</a></li></ul></li> <li><a href="/wiki/1997_Asian_financial_crisis" title="1997 Asian financial crisis">1997 Asian financial crisis</a></li> <li><a href="/wiki/Early_2000s_recession" title="Early 2000s recession">Early 2000s recession</a> (2001)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Information_Age" title="Information Age">Information Age</a><br />(2007–present)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> <ul><li>2007–2009; <a href="/wiki/Great_Recession_in_Oceania#Australia" title="Great Recession in Oceania">Australia</a></li> <li><a href="/wiki/Great_Recession_in_Asia#Bangladesh" title="Great Recession in Asia">Bangladesh</a></li> <li><a href="/wiki/Great_Recession_in_the_Americas#Canada" title="Great Recession in the Americas">Canada</a></li> <li><a href="/wiki/Great_Recession_in_Asia#India" title="Great Recession in Asia">India</a></li> <li><a href="/wiki/Great_Recession_in_Asia#Malysia" title="Great Recession in Asia">Malaysia</a></li> <li><a href="/wiki/Great_Recession_in_Oceania#New_Zealand" title="Great Recession in Oceania">New Zealand</a></li> <li><a href="/wiki/Great_Recession_in_Asia#Pakistan" title="Great Recession in Asia">Pakistan</a></li> <li><a href="/wiki/Great_Recession_in_Africa" title="Great Recession in Africa">South Africa</a></li> <li><a href="/wiki/Great_Recession_in_Asia#Sri_Lanka" title="Great Recession in Asia">Sri Lanka</a></li> <li><a href="/wiki/Great_Recession_in_Europe#United_Kingdom" title="Great Recession in Europe">United Kingdom</a></li> <li><a href="/wiki/Great_Recession_in_the_United_States" title="Great Recession in the United States">United States</a></li></ul></li> <li><a href="/wiki/COVID-19_recession" title="COVID-19 recession">COVID-19 recession</a> <ul><li>2020–2022; <a href="/wiki/COVID-19_recession#Australia" title="COVID-19 recession">Australia</a></li> <li><a href="/wiki/COVID-19_recession#Bangladsh" title="COVID-19 recession">Bangladesh</a></li> <li><a href="/wiki/COVID-19_recession#Belize" title="COVID-19 recession">Belize</a></li> <li><a href="/wiki/COVID-19_recession#Botswana" title="COVID-19 recession">Botswana</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_Canada" title="Economic impact of the COVID-19 pandemic in Canada">Canada</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_India" title="Economic impact of the COVID-19 pandemic in India">India</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_Malaysia" title="Economic impact of the COVID-19 pandemic in Malaysia">Malaysia</a></li> <li><a href="/wiki/COVID-19_recession#Namibia" title="COVID-19 recession">Namibia</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_New_Zealand" title="Economic impact of the COVID-19 pandemic in New Zealand">New Zealand</a></li> <li><a href="/wiki/COVID-19_pandemic_in_Singapore#Economic_impact" title="COVID-19 pandemic in Singapore">Singapore</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_the_United_Kingdom" title="Economic impact of the COVID-19 pandemic in the United Kingdom">United Kingdom</a></li> <li><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic_in_the_United_States" title="Economic impact of the COVID-19 pandemic in the United States">United States</a></li> <li><a href="/wiki/COVID-19_recession#Zambia" title="COVID-19 recession">Zambia</a></li></ul></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="History_of_the_United_States" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:US_history" class="mw-redirect" title="Template:US history"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:US_history" class="mw-redirect" title="Template talk:US history"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:US_history" title="Special:EditPage/Template:US history"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="History_of_the_United_States" style="font-size:114%;margin:0 4em"><a href="/wiki/History_of_the_United_States" title="History of the United States">History of the United States</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2" style="font-weight: bold;"><div> <ul><li><a href="/wiki/Timeline_of_United_States_history" class="mw-redirect" title="Timeline of United States history">Timeline</a></li> <li><a href="/wiki/Outline_of_United_States_history" class="mw-redirect" title="Outline of United States history">Outline</a></li></ul> </div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Events" style="font-size:114%;margin:0 4em">Events</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Pre-Colonial</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b><a href="/wiki/Geological_history_of_North_America" title="Geological history of North America">Prehistoric</a></b></li> <li><b><a href="/wiki/Pre-Columbian_era" title="Pre-Columbian era">Pre-Columbian Era</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Colonial_history_of_the_United_States" title="Colonial history of the United States">Colonial</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Exploration_of_North_America" title="Exploration of North America">Exploration of North America</a></li> <li><a href="/wiki/European_colonization_of_the_Americas" title="European colonization of the Americas">European colonization</a></li> <li><a href="/wiki/Native_American_disease_and_epidemics" title="Native American disease and epidemics">Native American epidemics</a></li> <li><a href="/wiki/History_of_Jamestown,_Virginia_(1607%E2%80%931699)" title="History of Jamestown, Virginia (1607–1699)">Settlement of Jamestown</a></li> <li><a href="/wiki/Thirteen_Colonies" title="Thirteen Colonies">Thirteen Colonies</a></li> <li><a href="/wiki/Atlantic_slave_trade" title="Atlantic slave trade">Atlantic slave trade</a></li> <li><a href="/wiki/King_William%27s_War" title="King William's War">King William's War</a></li> <li><a href="/wiki/Queen_Anne%27s_War" title="Queen Anne's War">Queen Anne's War</a></li> <li><a href="/wiki/Dummer%27s_War" title="Dummer's War">Dummer's War</a></li> <li><a href="/wiki/First_Great_Awakening" title="First Great Awakening">First Great Awakening</a></li> <li><a href="/wiki/War_of_Jenkins%27_Ear" title="War of Jenkins' Ear">War of Jenkins' Ear</a></li> <li><a href="/wiki/King_George%27s_War" title="King George's War">King George's War</a></li> <li><a href="/wiki/American_Revolution#Origin" title="American Revolution">Prelude to Revolution</a> <ul><li><a href="/wiki/American_Enlightenment" title="American Enlightenment">American Enlightenment</a></li> <li><a href="/wiki/French_and_Indian_War" title="French and Indian War">French and Indian War</a></li> <li><a href="/wiki/Royal_Proclamation_of_1763" title="Royal Proclamation of 1763">Proclamation of 1763</a></li> <li><a href="/wiki/Sugar_Act" title="Sugar Act">Sugar Act</a></li> <li><a href="/wiki/Stamp_Act_Congress" title="Stamp Act Congress">Stamp Act Congress</a></li> <li><a href="/wiki/Sons_of_Liberty" title="Sons of Liberty">Sons of Liberty</a></li> <li><a href="/wiki/Boston_Massacre" title="Boston Massacre">Boston Massacre</a></li> <li><a href="/wiki/Boston_Tea_Party" title="Boston Tea Party">Boston Tea Party</a></li> <li><a href="/wiki/Intolerable_Acts" title="Intolerable Acts">Intolerable Acts</a></li> <li><a href="/wiki/First_Continental_Congress" title="First Continental Congress">First Continental Congress</a></li> <li><a href="/wiki/Continental_Association" title="Continental Association">Continental Association</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1776%E2%80%931789)" title="History of the United States (1776–1789)">1776–1789</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/American_Revolution" title="American Revolution">American Revolution</a> <ul><li><a href="/wiki/American_Revolutionary_War" title="American Revolutionary War">War</a></li> <li><a href="/wiki/Second_Continental_Congress" title="Second Continental Congress">Second Continental Congress</a></li> <li><a href="/wiki/Lee_Resolution" title="Lee Resolution">Lee Resolution</a></li> <li><a href="/wiki/United_States_Declaration_of_Independence" title="United States Declaration of Independence">Declaration of Independence</a></li> <li><a href="/wiki/Treaty_of_Paris_(1783)" title="Treaty of Paris (1783)">Treaty of Paris</a></li></ul></li> <li><a href="/wiki/Confederation_period" title="Confederation period">Confederation period</a> <ul><li><a href="/wiki/Articles_of_Confederation" title="Articles of Confederation">Articles of Confederation</a> <a href="/wiki/Perpetual_Union" title="Perpetual Union">and Perpetual Union</a></li> <li><a href="/wiki/Pennsylvania_Mutiny_of_1783" title="Pennsylvania Mutiny of 1783">Pennsylvania Mutiny</a></li> <li><a href="/wiki/Shays%27_Rebellion" class="mw-redirect" title="Shays' Rebellion">Shays' Rebellion</a></li> <li><a href="/wiki/Northwest_Ordinance" title="Northwest Ordinance">Northwest Ordinance</a></li> <li><a href="/wiki/History_of_the_United_States_Constitution" title="History of the United States Constitution">Drafting and ratification of the Constitution</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1789%E2%80%931815)" title="History of the United States (1789–1815)">1789–1815</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/United_States_Bill_of_Rights" title="United States Bill of Rights">Bill of Rights</a></li> <li><a href="/wiki/Federalist_Era" title="Federalist Era">Federalist Era</a> <ul><li><a href="/wiki/Whiskey_Rebellion" title="Whiskey Rebellion">Whiskey Rebellion</a></li> <li><a href="/wiki/Quasi-War" title="Quasi-War">Quasi-War</a></li></ul></li> <li><a href="/wiki/Jeffersonian_democracy" title="Jeffersonian democracy">Jeffersonian era</a> <ul><li><a href="/wiki/Louisiana_Purchase" title="Louisiana Purchase">Louisiana Purchase</a></li> <li><a href="/wiki/War_of_1812" title="War of 1812">War of 1812</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1815%E2%80%931849)" title="History of the United States (1815–1849)">1815–1849</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Era_of_Good_Feelings" title="Era of Good Feelings">Era of Good Feelings</a> <ul><li><a href="/wiki/Missouri_Compromise" title="Missouri Compromise">Missouri Compromise</a></li> <li><a href="/wiki/Monroe_Doctrine" title="Monroe Doctrine">Monroe Doctrine</a></li></ul></li> <li><a href="/wiki/Jacksonian_democracy" title="Jacksonian democracy">Jacksonian era</a> <ul><li><a href="/wiki/Trail_of_Tears" title="Trail of Tears">Trail of Tears</a></li> <li><a href="/wiki/Nat_Turner%27s_slave_rebellion" class="mw-redirect" title="Nat Turner's slave rebellion">Nat Turner's slave rebellion</a></li> <li><a href="/wiki/Nullification_crisis" title="Nullification crisis">Nullification crisis</a></li> <li><a href="/wiki/Manifest_destiny" title="Manifest destiny">Westward expansion</a></li> <li><a href="/wiki/Mexican%E2%80%93American_War" title="Mexican–American War">Mexican–American War</a></li> <li><a href="/wiki/Seneca_Falls_Convention" title="Seneca Falls Convention">Seneca Falls Convention</a></li></ul></li> <li><a href="/wiki/Industrial_Revolution#United_States" title="Industrial Revolution">First Industrial Revolution</a></li> <li><a href="/wiki/Second_Great_Awakening" title="Second Great Awakening">Second Great Awakening</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1849%E2%80%931865)" title="History of the United States (1849–1865)">1849–1865</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Antebellum_South" title="Antebellum South">Antebellum Era</a></li> <li><a href="/wiki/California_Gold_Rush" class="mw-redirect" title="California Gold Rush">California Gold Rush</a></li> <li><a href="/wiki/Origins_of_the_American_Civil_War" title="Origins of the American Civil War">Prelude to War</a> <ul><li><a href="/wiki/Compromise_of_1850" title="Compromise of 1850">Compromise of 1850</a></li> <li><a href="/wiki/Fugitive_Slave_Act_of_1850" title="Fugitive Slave Act of 1850">Fugitive Slave Act</a></li> <li><a href="/wiki/Kansas%E2%80%93Nebraska_Act" title="Kansas–Nebraska Act">Kansas–Nebraska Act</a> <ul><li><a href="/wiki/Bleeding_Kansas" title="Bleeding Kansas">Bleeding Kansas</a></li></ul></li> <li><a href="/wiki/Dred_Scott_v._Sandford" title="Dred Scott v. Sandford">Dred Scott decision</a></li> <li><a href="/wiki/1860_United_States_presidential_election" title="1860 United States presidential election">Election of Lincoln</a></li> <li><a href="/wiki/Confederate_States_of_America#Secession" title="Confederate States of America">Secession</a></li></ul></li> <li><a href="/wiki/American_Civil_War" title="American Civil War">Civil War</a> <ul><li><a href="/wiki/Emancipation_Proclamation" title="Emancipation Proclamation">Emancipation Proclamation</a></li> <li><a href="/wiki/Assassination_of_Abraham_Lincoln" title="Assassination of Abraham Lincoln">Assassination of Abraham Lincoln</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1865%E2%80%931917)" title="History of the United States (1865–1917)">1865–1917</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reconstruction_era" title="Reconstruction era">Reconstruction era</a> <ul><li><a href="/wiki/Reconstruction_Amendments" title="Reconstruction Amendments">Amendments</a></li> <li><a href="/wiki/First_transcontinental_railroad" title="First transcontinental railroad">First transcontinental railroad</a></li> <li><a href="/wiki/Ku_Klux_Klan" title="Ku Klux Klan">Ku Klux Klan</a></li> <li><a href="/wiki/Enforcement_Acts" title="Enforcement Acts">Enforcement Acts</a></li> <li><a href="/wiki/Compromise_of_1877" title="Compromise of 1877">Compromise of 1877</a></li></ul></li> <li><a href="/wiki/Second_Industrial_Revolution#United_States" title="Second Industrial Revolution">Second Industrial Revolution</a></li> <li><a href="/wiki/Gilded_Age" title="Gilded Age">Gilded Age</a> <ul><li><a href="/wiki/The_Gospel_of_Wealth" title="The Gospel of Wealth">The Gospel of Wealth</a></li> <li><a href="/wiki/Assassination_of_James_A._Garfield" title="Assassination of James A. Garfield">Assassination of James A. Garfield</a></li> <li><a href="/wiki/Chinese_Exclusion_Act" title="Chinese Exclusion Act">Chinese Exclusion Act</a></li> <li><a href="/wiki/Pendleton_Civil_Service_Reform_Act" title="Pendleton Civil Service Reform Act">Pendleton Civil Service Reform Act</a></li> <li><a href="/wiki/Haymarket_affair" title="Haymarket affair">Haymarket affair</a></li> <li><a href="/wiki/Sherman_Antitrust_Act" title="Sherman Antitrust Act">Sherman Antitrust Act</a></li></ul></li> <li><a href="/wiki/Progressive_Era" title="Progressive Era">Progressive Era</a> <ul><li><a href="/wiki/Spanish%E2%80%93American_War" title="Spanish–American War">Spanish–American War</a></li> <li><a href="/wiki/American_imperialism" title="American imperialism">Imperialism</a></li> <li><a href="/wiki/Assassination_of_William_McKinley" title="Assassination of William McKinley">Assassination of William McKinley</a></li> <li><a href="/wiki/Square_Deal" title="Square Deal">Square Deal</a></li></ul></li> <li><a href="/wiki/Nadir_of_American_race_relations" title="Nadir of American race relations">Nadir of American race relations</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1917%E2%80%931945)" title="History of the United States (1917–1945)">1917–1945</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/United_States_in_World_War_I" title="United States in World War I">World War I</a> <ul><li><a href="/wiki/Paris_Peace_Conference_(1919%E2%80%931920)#American_approach" title="Paris Peace Conference (1919–1920)">Paris Peace Conference</a></li></ul></li> <li><a href="/wiki/First_Red_Scare" title="First Red Scare">First Red Scare</a></li> <li><a href="/wiki/Roaring_Twenties" title="Roaring Twenties">Roaring Twenties</a> <ul><li><a href="/wiki/Prohibition_in_the_United_States" title="Prohibition in the United States">Prohibition</a></li> <li><a href="/wiki/Women%27s_suffrage_in_the_United_States" title="Women's suffrage in the United States">Women's suffrage</a></li> <li><a href="/wiki/Tulsa_race_massacre" title="Tulsa race massacre">Tulsa race massacre</a></li> <li><a href="/wiki/Ku_Klux_Klan#Second_Klan:_1915–1944" title="Ku Klux Klan">Second Klan</a></li> <li><a href="/wiki/Bath_School_disaster" title="Bath School disaster">Bath School disaster</a></li> <li><a href="/wiki/Harlem_Renaissance" title="Harlem Renaissance">Harlem Renaissance</a></li></ul></li> <li><a href="/wiki/Great_Depression" title="Great Depression">Great Depression</a> <ul><li><a href="/wiki/Wall_Street_Crash_of_1929" class="mw-redirect" title="Wall Street Crash of 1929">Wall Street Crash of 1929</a></li> <li><a href="/wiki/Dust_Bowl" title="Dust Bowl">Dust Bowl</a></li> <li><a href="/wiki/New_Deal" title="New Deal">New Deal</a></li></ul></li> <li><a href="/wiki/Military_history_of_the_United_States_during_World_War_II" title="Military history of the United States during World War II">World War II</a> <ul><li><a href="/wiki/Attack_on_Pearl_Harbor" title="Attack on Pearl Harbor">Pearl Harbor</a></li> <li><a href="/wiki/United_States_home_front_during_World_War_II" title="United States home front during World War II">home front</a></li> <li><a href="/wiki/Manhattan_Project" title="Manhattan Project">Manhattan Project</a> <ul><li><a href="/wiki/Atomic_bombings_of_Hiroshima_and_Nagasaki" title="Atomic bombings of Hiroshima and Nagasaki">Atomic bombings of Hiroshima and Nagasaki</a></li></ul></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1945%E2%80%931964)" title="History of the United States (1945–1964)">1945–1964</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/United_States_strike_wave_of_1945%E2%80%931946" title="United States strike wave of 1945–1946">Strike wave of 1945–1946</a></li> <li><a href="/wiki/Cold_War_(1947%E2%80%931948)" title="Cold War (1947–1948)">Start of Cold War</a> <ul><li><a href="/wiki/Truman_Doctrine" title="Truman Doctrine">Truman Doctrine</a></li></ul></li> <li><a href="/wiki/Cold_War_(1948%E2%80%931953)" title="Cold War (1948–1953)">Early Cold War</a> <ul><li><a href="/wiki/North_Atlantic_Treaty" title="North Atlantic Treaty">North Atlantic Treaty</a></li> <li><a href="/wiki/Korean_War" title="Korean War">Korean War</a></li> <li><a href="/wiki/Ivy_Mike" title="Ivy Mike">Ivy Mike</a></li> <li><a href="/wiki/McCarthyism" title="McCarthyism">McCarthyism</a></li></ul></li> <li><a href="/wiki/Post%E2%80%93World_War_II_economic_expansion" title="Post–World War II economic expansion">Post-war boom</a></li> <li><a href="/wiki/Project_Mercury" title="Project Mercury">Project Mercury</a></li> <li><a href="/wiki/Civil_rights_movement" title="Civil rights movement">Civil Rights Movement</a></li> <li><a href="/wiki/Cold_War_(1953%E2%80%931962)" title="Cold War (1953–1962)">Early–mid Cold War</a> <ul><li><a href="/wiki/Cuban_Missile_Crisis" title="Cuban Missile Crisis">Cuban Missile Crisis</a></li></ul></li> <li><a href="/wiki/Assassination_of_John_F._Kennedy" title="Assassination of John F. Kennedy">Assassination of John F. Kennedy</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1964%E2%80%931980)" title="History of the United States (1964–1980)">1964–1980</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Great_Society" title="Great Society">Great Society</a></li> <li><a href="/wiki/Space_Race" title="Space Race">Space Race</a> <ul><li><a href="/wiki/Project_Gemini" title="Project Gemini">Project Gemini</a></li> <li><a href="/wiki/Apollo_program" title="Apollo program">Apollo program</a></li></ul></li> <li><a href="/wiki/Cold_War_(1962%E2%80%931979)" title="Cold War (1962–1979)">Mid Cold War</a> <ul><li><a href="/wiki/D%C3%A9tente" title="Détente">Détente</a></li> <li><a href="/wiki/Vietnam_War" title="Vietnam War">Vietnam War</a></li> <li><a href="/wiki/Fall_of_Saigon" title="Fall of Saigon">Fall of Saigon</a></li></ul></li> <li><a href="/wiki/Assassination_of_Martin_Luther_King_Jr." title="Assassination of Martin Luther King Jr.">Assassination of Martin Luther King Jr.</a></li> <li><a href="/wiki/Counterculture_of_the_1960s" title="Counterculture of the 1960s">Counterculture</a></li> <li><a href="/wiki/Second-wave_feminism" title="Second-wave feminism">Second-wave feminism</a></li> <li><a href="/wiki/Gay_liberation" title="Gay liberation">Gay liberation</a> <ul><li><a href="/wiki/Stonewall_riots" title="Stonewall riots">Stonewall riots</a></li></ul></li> <li><a href="/wiki/Watergate_scandal" title="Watergate scandal">Watergate scandal</a></li> <li><a href="/wiki/Iran_hostage_crisis" title="Iran hostage crisis">Iran hostage crisis</a></li> <li><a href="/wiki/Moral_Majority" title="Moral Majority">Moral Majority</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1980%E2%80%931991)" title="History of the United States (1980–1991)">1980–1991</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reagan_era" title="Reagan era">Reagan era</a> <ul><li><a href="/wiki/Reaganomics" title="Reaganomics">Reaganomics</a></li> <li><a href="/wiki/Iran%E2%80%93Contra_affair" title="Iran–Contra affair">Iran–Contra affair</a></li></ul></li> <li><a href="/wiki/Crack_epidemic_in_the_United_States" title="Crack epidemic in the United States">Crack epidemic</a></li> <li><a href="/wiki/Cold_War_(1979%E2%80%931985)" title="Cold War (1979–1985)">Late Cold War</a> <ul><li><a href="/wiki/United_States_invasion_of_Grenada" title="United States invasion of Grenada">Invasion of Grenada</a></li> <li><a href="/wiki/Reagan_Doctrine" title="Reagan Doctrine">Reagan Doctrine</a></li> <li><a href="/wiki/Cold_War_(1985%E2%80%931991)" title="Cold War (1985–1991)">End of the Cold War</a></li></ul></li> <li><a href="/wiki/Space_Shuttle_program" title="Space Shuttle program">Space Shuttle program</a></li> <li><a href="/wiki/War_on_drugs" title="War on drugs">War on drugs</a></li> <li><a href="/wiki/United_States_invasion_of_Panama" title="United States invasion of Panama">Invasion of Panama</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1991%E2%80%932008)" title="History of the United States (1991–2008)">1991–2008</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Gulf_War" title="Gulf War">Gulf War</a></li> <li><a href="/wiki/North_American_Free_Trade_Agreement" title="North American Free Trade Agreement">NAFTA</a></li> <li><a href="/wiki/1992_Los_Angeles_riots" title="1992 Los Angeles riots"> Los Angeles riots</a></li> <li><a href="/wiki/1993_World_Trade_Center_bombing" title="1993 World Trade Center bombing">WTC bombing</a></li> <li><a href="/wiki/Waco_siege" title="Waco siege">Waco siege</a></li> <li><a href="/wiki/Republican_Revolution" title="Republican Revolution">Republican Revolution</a></li> <li><a href="/wiki/Oklahoma_City_bombing" title="Oklahoma City bombing">Oklahoma City bombing</a></li> <li><a href="/wiki/Columbine_High_School_massacre" title="Columbine High School massacre">Columbine</a></li> <li><i><a href="/wiki/Bush_v._Gore" title="Bush v. Gore">Bush v. Gore</a></i></li> <li><a href="/wiki/September_11_attacks" title="September 11 attacks">September 11 attacks</a></li> <li><a href="/wiki/War_on_terror" title="War on terror">War on terror</a> <ul><li><a href="/wiki/War_in_Afghanistan_(2001%E2%80%932021)" title="War in Afghanistan (2001–2021)">War in Afghanistan</a></li> <li><a href="/wiki/Iraq_War" title="Iraq War">Iraq War</a></li></ul></li> <li><a href="/wiki/Hurricane_Katrina" title="Hurricane Katrina">Hurricane Katrina</a></li> <li><a href="/wiki/Virginia_Tech_shooting" title="Virginia Tech shooting">Virginia Tech shooting</a></li> <li><a href="/wiki/Great_Recession_in_the_United_States" title="Great Recession in the United States">Great Recession</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(2008%E2%80%93present)" title="History of the United States (2008–present)">2008–present</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Killing_of_Osama_bin_Laden" title="Killing of Osama bin Laden">Killing of Osama bin Laden</a></li> <li><a href="/wiki/List_of_mass_shootings_in_the_United_States" title="List of mass shootings in the United States">Rise in mass shootings</a> <ul><li><a href="/wiki/2011_Tucson_shooting" title="2011 Tucson shooting">Tucson</a></li> <li><a href="/wiki/2012_Aurora_theater_shooting" title="2012 Aurora theater shooting">Aurora</a></li> <li><a href="/wiki/Sandy_Hook_Elementary_School_shooting" title="Sandy Hook Elementary School shooting">Sandy Hook</a></li> <li><a href="/wiki/Pulse_nightclub_shooting" title="Pulse nightclub shooting">Orlando</a></li> <li><a href="/wiki/2017_Las_Vegas_shooting" title="2017 Las Vegas shooting">Las Vegas</a></li> <li><a href="/wiki/Parkland_high_school_shooting" title="Parkland high school shooting">Parkland</a></li> <li><a href="/wiki/2019_El_Paso_shooting" class="mw-redirect" title="2019 El Paso shooting">El Paso</a></li> <li><a href="/wiki/Uvalde_school_shooting" title="Uvalde school shooting">Uvalde</a></li></ul></li> <li><a href="/wiki/Black_Lives_Matter" title="Black Lives Matter">Black Lives Matter</a></li> <li><i><a href="/wiki/Obergefell_v._Hodges" title="Obergefell v. Hodges">Obergefell v. Hodges</a></i></li> <li><a href="/wiki/Unite_the_Right_rally" title="Unite the Right rally">Unite the Right rally</a></li> <li><a href="/wiki/COVID-19_pandemic_in_the_United_States" title="COVID-19 pandemic in the United States">COVID-19 pandemic</a> <ul><li><a href="/wiki/COVID-19_recession" title="COVID-19 recession">recession</a></li></ul></li> <li><a href="/wiki/George_Floyd_protests" title="George Floyd protests">George Floyd protests</a></li> <li><a href="/wiki/January_6_United_States_Capitol_attack" title="January 6 United States Capitol attack">January 6 insurrection</a></li> <li><a href="/wiki/2020%E2%80%932021_US_troop_withdrawal_from_Afghanistan" class="mw-redirect" title="2020–2021 US troop withdrawal from Afghanistan">Afghanistan withdrawal</a></li> <li><i><a href="/wiki/Dobbs_v._Jackson_Women%27s_Health_Organization" title="Dobbs v. Jackson Women's Health Organization">Dobbs v. Jackson Women's Health Organization</a></i></li> <li><a href="/wiki/Foreign_involvement_in_the_Russian_invasion_of_Ukraine" title="Foreign involvement in the Russian invasion of Ukraine">Support of Ukraine</a></li> <li><a href="/wiki/Donald_Trump#Investigations,_criminal_charges,_civil_lawsuits" title="Donald Trump">Indictments of Donald Trump</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Topics" style="font-size:114%;margin:0 4em">Topics</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b><a href="/wiki/American_Century" title="American Century">American Century</a></b></li> <li><b><a href="/wiki/History_of_antisemitism_in_the_United_States" title="History of antisemitism in the United States">Antisemitism</a></b></li> <li><b><a href="/wiki/Cultural_history_of_the_United_States" title="Cultural history of the United States">Cultural</a></b> <ul><li><a href="/wiki/History_of_cinema_in_the_United_States" title="History of cinema in the United States">Cinema</a></li> <li><a href="/wiki/Music_history_of_the_United_States" title="Music history of the United States">Music</a></li> <li><a href="/wiki/History_of_American_newspapers" title="History of American newspapers">Newspapers</a></li> <li><a href="/wiki/History_of_sports_in_the_United_States" title="History of sports in the United States">Sports</a></li></ul></li> <li><b><a href="/wiki/Demographic_history_of_the_United_States" title="Demographic history of the United States">Demography</a></b> <ul><li><a href="/wiki/History_of_immigration_to_the_United_States" title="History of immigration to the United States">Immigration</a></li></ul></li> <li><b><a href="/wiki/Economic_history_of_the_United_States" title="Economic history of the United States">Economy</a></b> <ul><li><a href="/wiki/History_of_banking_in_the_United_States" title="History of banking in the United States">Banking</a></li></ul></li> <li><b><a href="/wiki/History_of_education_in_the_United_States" title="History of education in the United States">Education</a></b> <ul><li><a href="/wiki/History_of_higher_education_in_the_United_States" title="History of higher education in the United States">Higher education</a></li></ul></li> <li><b><a href="/wiki/List_of_flags_of_the_United_States" title="List of flags of the United States">Flag</a></b></li> <li><b><a href="/wiki/History_of_the_United_States_government" title="History of the United States government">Government</a></b> <ul><li><a href="/wiki/History_of_abortion_in_the_United_States" class="mw-redirect" title="History of abortion in the United States">Abortion</a></li> <li><a href="/wiki/History_of_capital_punishment_in_the_United_States" class="mw-redirect" title="History of capital punishment in the United States">Capital punishment</a></li> <li><a href="/wiki/History_of_civil_rights_in_the_United_States" title="History of civil rights in the United States">Civil Rights</a></li> <li><a href="/wiki/History_of_corruption_in_the_United_States" class="mw-redirect" title="History of corruption in the United States">Corruption</a></li> <li><a href="/wiki/History_of_the_United_States_Constitution" title="History of the United States Constitution">The Constitution</a></li> <li><a href="/wiki/History_of_the_United_States_debt_ceiling" title="History of the United States debt ceiling">Debt ceiling</a></li> <li><a href="/wiki/History_of_direct_democracy_in_the_United_States" title="History of direct democracy in the United States">Direct democracy</a></li> <li><a href="/wiki/History_of_United_States_foreign_policy" class="mw-redirect" title="History of United States foreign policy">Foreign policy</a></li> <li><a href="/wiki/History_of_law_enforcement_in_the_United_States" class="mw-redirect" title="History of law enforcement in the United States">Law enforcement</a></li> <li><a href="/wiki/Postage_stamps_and_postal_history_of_the_United_States" title="Postage stamps and postal history of the United States">Postal service</a></li> <li><a href="/wiki/History_of_taxation_in_the_United_States" title="History of taxation in the United States">Taxation</a></li> <li><a href="/wiki/Voting_rights_in_the_United_States" title="Voting rights in the United States">Voting rights</a></li></ul></li> <li><b><a href="/wiki/History_of_American_journalism" title="History of American journalism">Journalism</a></b></li> <li><b><a href="/wiki/History_of_the_United_States_Merchant_Marine" title="History of the United States Merchant Marine">Merchant Marine</a></b></li> <li><b><a href="/wiki/Military_history_of_the_United_States" title="Military history of the United States">Military</a></b> <ul><li><a href="/wiki/History_of_the_United_States_Army" title="History of the United States Army">Army</a></li> <li><a href="/wiki/History_of_the_United_States_Marine_Corps" title="History of the United States Marine Corps">Marine Corps</a></li> <li><a href="/wiki/History_of_the_United_States_Navy" title="History of the United States Navy">Navy</a></li> <li><a href="/wiki/History_of_the_United_States_Air_Force" title="History of the United States Air Force">Air Force</a></li> <li><a href="/wiki/History_of_the_United_States_Space_Force" title="History of the United States Space Force">Space Force</a></li> <li><a href="/wiki/History_of_the_United_States_Coast_Guard" title="History of the United States Coast Guard">Coast Guard</a></li></ul></li> <li><b><a href="/wiki/Political_eras_of_the_United_States" title="Political eras of the United States">Party Systems</a></b> <ul><li><a href="/wiki/First_Party_System" title="First Party System">First</a></li> <li><a href="/wiki/Second_Party_System" title="Second Party System">Second</a></li> <li><a href="/wiki/Third_Party_System" title="Third Party System">Third</a></li> <li><a href="/wiki/Fourth_Party_System" title="Fourth Party System">Fourth</a></li> <li><a href="/wiki/Fifth_Party_System" title="Fifth Party System">Fifth</a></li> <li><a href="/wiki/Sixth_Party_System" title="Sixth Party System">Sixth</a></li></ul></li> <li><b><a href="/wiki/History_of_religion_in_the_United_States" title="History of religion in the United States">Religion</a></b></li> <li><b><a href="/wiki/Native_American_genocide_in_the_United_States" title="Native American genocide in the United States">Genocide</a></b></li> <li><b><a href="/wiki/Slavery_in_the_United_States" title="Slavery in the United States">Slavery</a></b> <ul><li><a href="/wiki/History_of_sexual_slavery_in_the_United_States" title="History of sexual slavery in the United States">Sexual slavery</a></li></ul></li> <li><b><a href="/wiki/Technological_and_industrial_history_of_the_United_States" title="Technological and industrial history of the United States">Technology and industry</a></b> <ul><li><a href="/wiki/History_of_agriculture_in_the_United_States" title="History of agriculture in the United States">Agriculture</a></li> <li><a href="/wiki/Labor_history_of_the_United_States" title="Labor history of the United States">Labor</a></li> <li><a href="/wiki/History_of_the_lumber_industry_in_the_United_States" title="History of the lumber industry in the United States">Lumber</a></li> <li><a href="/wiki/History_of_medicine_in_the_United_States" title="History of medicine in the United States">Medicine</a></li> <li><a href="/wiki/History_of_rail_transportation_in_the_United_States" title="History of rail transportation in the United States">Railway</a></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Groups" style="font-size:114%;margin:0 4em">Groups</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b><a href="/wiki/African-American_history" title="African-American history">African American</a></b></li> <li><b><a href="/wiki/History_of_Asian_Americans" title="History of Asian Americans">Asian American</a></b> <ul><li><a href="/wiki/History_of_Chinese_Americans" title="History of Chinese Americans">Chinese American</a></li> <li><a href="/wiki/History_of_Filipino_Americans" title="History of Filipino Americans">Filipino American</a></li> <li><a href="/wiki/Indian-American_history" class="mw-redirect" title="Indian-American history">Indian American</a></li> <li><a href="/wiki/History_of_Japanese_Americans" title="History of Japanese Americans">Japanese American</a></li> <li><a href="/wiki/History_of_Korean_Americans" class="mw-redirect" title="History of Korean Americans">Korean American</a></li> <li><a href="/wiki/History_of_Thai_Americans" class="mw-redirect" title="History of Thai Americans">Thai American</a></li> <li><a href="/wiki/History_of_Vietnamese_Americans" class="mw-redirect" title="History of Vietnamese Americans">Vietnamese American</a></li></ul></li> <li><b><a href="/wiki/European_American#History" class="mw-redirect" title="European American">European American</a></b> <ul><li><a href="/wiki/History_of_Albanian_Americans" class="mw-redirect" title="History of Albanian Americans">Albanian American</a></li> <li><a href="/wiki/History_of_English_Americans" class="mw-redirect" title="History of English Americans">English American</a></li> <li><a href="/wiki/History_of_Estonian_Americans" class="mw-redirect" title="History of Estonian Americans">Estonian American</a></li> <li><a href="/wiki/History_of_Finnish_Americans" class="mw-redirect" title="History of Finnish Americans">Finnish American</a></li> <li><a href="/wiki/Irish_Americans#History" title="Irish Americans">Irish American</a></li> <li><a href="/wiki/Italian_American#History" class="mw-redirect" title="Italian American">Italian American</a></li> <li><a href="/wiki/History_of_Lithuanian_Americans" class="mw-redirect" title="History of Lithuanian Americans">Lithuanian American</a></li> <li><a href="/wiki/History_of_Poles_in_the_United_States" title="History of Poles in the United States">Polish American</a></li> <li><a href="/wiki/History_of_Serbian_Americans" class="mw-redirect" title="History of Serbian Americans">Serbian American</a></li></ul></li> <li><b><a href="/wiki/History_of_Hispanic_and_Latino_Americans" class="mw-redirect" title="History of Hispanic and Latino Americans">Hispanic and Latino American</a></b> <ul><li><a href="/wiki/History_of_Mexican_Americans" title="History of Mexican Americans">Mexican American</a></li></ul></li> <li><b><a href="/wiki/History_of_the_Jews_in_the_United_States" title="History of the Jews in the United States">Jewish American</a></b></li> <li><b><a href="/wiki/History_of_Middle_Eastern_Americans" class="mw-redirect" title="History of Middle Eastern Americans">Middle Eastern American</a></b> <ul><li><a href="/wiki/History_of_Egyptian_Americans" class="mw-redirect" title="History of Egyptian Americans">Egyptian American</a></li> <li><a href="/wiki/History_of_Iranian_Americans" class="mw-redirect" title="History of Iranian Americans">Iranian American</a></li> <li><a href="/wiki/History_of_Iraqi_Americans" class="mw-redirect" title="History of Iraqi Americans">Iraqi American</a></li> <li><a href="/wiki/History_of_Lebanese_Americans" class="mw-redirect" title="History of Lebanese Americans">Lebanese American</a></li> <li><a href="/wiki/History_of_Palestinian_Americans" class="mw-redirect" title="History of Palestinian Americans">Palestinian American</a></li> <li><a href="/wiki/History_of_Saudi_Americans" class="mw-redirect" title="History of Saudi Americans">Saudi American</a></li></ul></li> <li><b><a href="/wiki/History_of_Native_Americans_in_the_United_States" title="History of Native Americans in the United States">Native Americans</a></b> <ul><li><a href="/wiki/Cherokee_history" title="Cherokee history">Cherokee</a></li> <li><a href="/wiki/Comanche_history" title="Comanche history">Comanche</a></li></ul></li> <li><b><a href="/wiki/History_of_women_in_the_United_States" title="History of women in the United States">Women</a></b></li> <li><b><a href="/wiki/LGBTQ_history_in_the_United_States" title="LGBTQ history in the United States">LGBTQ</a></b> <ul><li><a href="/wiki/History_of_gay_men_in_the_United_States" title="History of gay men in the United States">Gay men</a></li> <li><a href="/wiki/History_of_lesbianism_in_the_United_States" title="History of lesbianism in the United States">Lesbians</a></li> <li><a href="/wiki/Transgender_history_in_the_United_States" title="Transgender history in the United States">Transgender people</a></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Places" style="font-size:114%;margin:0 4em">Places</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Territorial_evolution_of_the_United_States" title="Territorial evolution of the United States">Territorial evolution</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/List_of_U.S._states_by_date_of_admission_to_the_Union" title="List of U.S. states by date of admission to the Union">Admission to the Union</a></li> <li><a href="/wiki/Historical_regions_of_the_United_States" title="Historical regions of the United States">Historical regions</a></li> <li><a href="/wiki/American_frontier" title="American frontier">American frontier</a></li> <li><a href="/wiki/Manifest_destiny" title="Manifest destiny">Manifest destiny</a></li> <li><a href="/wiki/Indian_removal" title="Indian removal">Indian removal</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Regions</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_of_New_England" title="History of New England">New England</a></li> <li><a href="/wiki/History_of_the_Southern_United_States" title="History of the Southern United States">The South</a></li> <li><a href="/wiki/History_of_the_west_coast_of_North_America" title="History of the west coast of North America">The West Coast</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">States</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_of_Alabama" title="History of Alabama">Alabama</a></li> <li><a href="/wiki/History_of_Alaska" title="History of Alaska">Alaska</a></li> <li><a href="/wiki/History_of_Arizona" title="History of Arizona">Arizona</a></li> <li><a href="/wiki/History_of_Arkansas" title="History of Arkansas">Arkansas</a></li> <li><a href="/wiki/History_of_California" title="History of California">California</a></li> <li><a href="/wiki/History_of_Colorado" title="History of Colorado">Colorado</a></li> <li><a href="/wiki/History_of_Connecticut" title="History of Connecticut">Connecticut</a></li> <li><a href="/wiki/History_of_Delaware" title="History of Delaware">Delaware</a></li> <li><a href="/wiki/History_of_Florida" title="History of Florida">Florida</a></li> <li><a href="/wiki/History_of_Georgia_(U.S._state)" title="History of Georgia (U.S. state)">Georgia</a></li> <li><a href="/wiki/History_of_Hawaii" title="History of Hawaii">Hawaii</a></li> <li><a href="/wiki/History_of_Idaho" title="History of Idaho">Idaho</a></li> <li><a href="/wiki/History_of_Illinois" title="History of Illinois">Illinois</a></li> <li><a href="/wiki/History_of_Indiana" title="History of Indiana">Indiana</a></li> <li><a href="/wiki/History_of_Iowa" title="History of Iowa">Iowa</a></li> <li><a href="/wiki/History_of_Kansas" title="History of Kansas">Kansas</a></li> <li><a href="/wiki/History_of_Kentucky" title="History of Kentucky">Kentucky</a></li> <li><a href="/wiki/History_of_Louisiana" title="History of Louisiana">Louisiana</a></li> <li><a href="/wiki/History_of_Maine" title="History of Maine">Maine</a></li> <li><a href="/wiki/History_of_Maryland" title="History of Maryland">Maryland</a></li> <li><a href="/wiki/History_of_Massachusetts" title="History of Massachusetts">Massachusetts</a></li> <li><a href="/wiki/History_of_Michigan" title="History of Michigan">Michigan</a></li> <li><a href="/wiki/History_of_Minnesota" title="History of Minnesota">Minnesota</a></li> <li><a href="/wiki/History_of_Mississippi" title="History of Mississippi">Mississippi</a></li> <li><a href="/wiki/History_of_Missouri" title="History of Missouri">Missouri</a></li> <li><a href="/wiki/History_of_Montana" title="History of Montana">Montana</a></li> <li><a href="/wiki/History_of_Nebraska" title="History of Nebraska">Nebraska</a></li> <li><a href="/wiki/History_of_Nevada" title="History of Nevada">Nevada</a></li> <li><a href="/wiki/History_of_New_Hampshire" title="History of New Hampshire">New Hampshire</a></li> <li><a href="/wiki/History_of_New_Jersey" title="History of New Jersey">New Jersey</a></li> <li><a href="/wiki/History_of_New_Mexico" title="History of New Mexico">New Mexico</a></li> <li><a href="/wiki/History_of_New_York_(state)" title="History of New York (state)">New York</a></li> <li><a href="/wiki/History_of_North_Carolina" title="History of North Carolina">North Carolina</a></li> <li><a href="/wiki/History_of_North_Dakota" title="History of North Dakota">North Dakota</a></li> <li><a href="/wiki/History_of_Ohio" title="History of Ohio">Ohio</a></li> <li><a href="/wiki/History_of_Oklahoma" title="History of Oklahoma">Oklahoma</a></li> <li><a href="/wiki/History_of_Oregon" title="History of Oregon">Oregon</a></li> <li><a href="/wiki/History_of_Pennsylvania" title="History of Pennsylvania">Pennsylvania</a></li> <li><a href="/wiki/History_of_Rhode_Island" title="History of Rhode Island">Rhode Island</a></li> <li><a href="/wiki/History_of_South_Carolina" title="History of South Carolina">South Carolina</a></li> <li><a href="/wiki/History_of_South_Dakota" title="History of South Dakota">South Dakota</a></li> <li><a href="/wiki/History_of_Tennessee" title="History of Tennessee">Tennessee</a></li> <li><a href="/wiki/History_of_Texas" title="History of Texas">Texas</a></li> <li><a href="/wiki/History_of_Utah" title="History of Utah">Utah</a></li> <li><a href="/wiki/History_of_Vermont" title="History of Vermont">Vermont</a></li> <li><a href="/wiki/History_of_Virginia" title="History of Virginia">Virginia</a></li> <li><a href="/wiki/History_of_Washington_(state)" title="History of Washington (state)">Washington</a></li> <li><a href="/wiki/History_of_West_Virginia" title="History of West Virginia">West Virginia</a></li> <li><a href="/wiki/History_of_Wisconsin" title="History of Wisconsin">Wisconsin</a></li> <li><a href="/wiki/History_of_Wyoming" title="History of Wyoming">Wyoming</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Federal District</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><a href="/wiki/History_of_Washington,_D.C." title="History of Washington, D.C.">Washington, D.C.</a></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Insular areas</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_of_American_Samoa" title="History of American Samoa">American Samoa</a></li> <li><a href="/wiki/History_of_Guam" title="History of Guam">Guam</a></li> <li><a href="/wiki/History_of_the_Northern_Mariana_Islands" class="mw-redirect" title="History of the Northern Mariana Islands">Northern Mariana Islands</a></li> <li><a href="/wiki/History_of_Puerto_Rico" title="History of Puerto Rico">Puerto Rico </a></li> <li><a href="/wiki/History_of_the_United_States_Virgin_Islands" title="History of the United States Virgin Islands">U.S. Virgin Islands</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Outlying islands</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_of_Baker_Island" class="mw-redirect" title="History of Baker Island">Baker Island</a></li> <li><a href="/wiki/History_of_Howland_Island" class="mw-redirect" title="History of Howland Island">Howland Island</a></li> <li><a href="/wiki/History_of_Jarvis_Island" class="mw-redirect" title="History of Jarvis Island">Jarvis Island</a></li> <li><a href="/wiki/History_of_Johnston_Atoll" class="mw-redirect" title="History of Johnston Atoll">Johnston Atoll</a></li> <li><a href="/wiki/History_of_Kingman_Reef" class="mw-redirect" title="History of Kingman Reef">Kingman Reef</a></li> <li><a href="/wiki/History_of_Midway_Atoll" class="mw-redirect" title="History of Midway Atoll">Midway Atoll</a></li> <li><a href="/wiki/History_of_Navassa_Island" class="mw-redirect" title="History of Navassa Island">Navassa Island</a></li> <li><a href="/wiki/History_of_Palmyra_Atoll" class="mw-redirect" title="History of Palmyra Atoll">Palmyra Atoll</a></li> <li><a href="/wiki/History_of_Wake_Island" class="mw-redirect" title="History of Wake Island">Wake Island</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Cities</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/American_urban_history" title="American urban history">Urban history</a></li> <li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Histories_of_cities_in_the_United_States" title="Category:Histories of cities in the United States">Cities</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2" style="font-weight: bold;"><div> <ul><li><a href="/wiki/List_of_years_in_the_United_States" title="List of years in the United States">List of years</a></li> <li><a href="/wiki/Historiography_of_the_United_States" title="Historiography of the United States">Historiography</a></li> <li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:History_of_the_United_States" title="Category:History of the United States">Category</a></li> <li><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Symbol_portal_class.svg" class="mw-file-description" title="Portal"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/16px-Symbol_portal_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/23px-Symbol_portal_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/31px-Symbol_portal_class.svg.png 2x" data-file-width="180" data-file-height="185" /></a></span> <a href="/wiki/Portal:United_States" title="Portal:United States">Portal</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Financial_crises" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Financial_crises" title="Template:Financial crises"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Financial_crises" title="Template talk:Financial crises"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Financial_crises" title="Special:EditPage/Template:Financial crises"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Financial_crises" style="font-size:114%;margin:0 4em"><a href="/wiki/Financial_crisis" title="Financial crisis">Financial crises</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><a href="/wiki/Bank_run" title="Bank run">Bank run</a></span></li> <li><span class="nowrap"><a href="/wiki/Commodity_price_shocks" title="Commodity price shocks">Commodity price shocks</a></span></li> <li><span class="nowrap"><a href="/wiki/Credit_crunch" title="Credit crunch">Credit crunch</a></span></li> <li><span class="nowrap"><a href="/wiki/Credit_cycle" title="Credit cycle">Credit cycle</a></span></li> <li><span class="nowrap"><a href="/wiki/Currency_crisis" title="Currency crisis">Currency crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Debt_crisis" title="Debt crisis">Debt crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Energy_crisis" title="Energy crisis">Energy crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Financial_contagion" title="Financial contagion">Financial contagion</a></span> <ul><li><span class="nowrap"><a href="/wiki/Social_contagion" title="Social contagion">Social contagion</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Flash_crash" title="Flash crash">Flash crash</a></span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation" title="Hyperinflation">Hyperinflation</a></span></li> <li><span class="nowrap"><a href="/wiki/Liquidity_crisis" title="Liquidity crisis">Liquidity crisis</a></span> <ul><li><span class="nowrap"><a href="/wiki/Accounting_liquidity" title="Accounting liquidity">Accounting</a></span></li> <li><span class="nowrap"><a href="/wiki/Liquid_capital" title="Liquid capital">Capital</a></span></li> <li><span class="nowrap"><a href="/wiki/Funding_liquidity" title="Funding liquidity">Funding</a></span></li> <li><span class="nowrap"><a href="/wiki/Market_liquidity" title="Market liquidity">Market</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Minsky_moment" title="Minsky moment">Minsky moment</a></span></li> <li><span class="nowrap"><a href="/wiki/Social_crisis" title="Social crisis">Social crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Stock_market_crash" title="Stock market crash">Stock market crash</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Pre-<a href="/wiki/Commercial_revolution" title="Commercial revolution">1000</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Financial_crisis_of_33" title="Financial crisis of 33">Financial crisis of 33 CE</a></span></li> <li><span class="nowrap"><a href="/wiki/Crisis_of_the_Third_Century" title="Crisis of the Third Century">Crisis of the Third Century</a> (235–284 CE)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Commercial_revolution" title="Commercial revolution">Commercial revolution</a><br />(1000–1760)</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Great_Bullion_Famine" title="Great Bullion Famine">Great Bullion Famine</a> (c. 1400–c. 1500)</span></li> <li><span class="nowrap"><a href="/wiki/The_Great_Debasement" title="The Great Debasement">The Great Debasement</a> (1544–1551)</span></li> <li><span class="nowrap"><a href="/wiki/Financial_history_of_the_Dutch_Republic" title="Financial history of the Dutch Republic">Dutch Republic stock market crashes</a> (c. 1600–1760)</span></li> <li><span class="nowrap"><i><a href="/wiki/Kipper_und_Wipper" title="Kipper und Wipper">Kipper und Wipper</a></i> (1621–1623)</span></li> <li><span class="nowrap"><a href="/wiki/Tulip_mania" title="Tulip mania">Tulip mania crash</a> (1637)</span></li> <li><span class="nowrap"><a href="/wiki/South_Sea_Company" title="South Sea Company">South Sea bubble crash</a> (1720)</span></li> <li><span class="nowrap"><a href="/wiki/Mississippi_Company" title="Mississippi Company">Mississippi bubble crash</a> (1720)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Industrial_Revolution" title="Industrial Revolution">1st Industrial Revolution</a><br />(1760–1840)</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Amsterdam_banking_crisis_of_1763" title="Amsterdam banking crisis of 1763">Amsterdam banking crisis of 1763</a></span></li> <li><span class="nowrap"><a href="/wiki/Bengal_Bubble_of_1769" title="Bengal Bubble of 1769">Bengal bubble crash</a> (1769–1784)</span></li> <li><span class="nowrap"><a href="/wiki/British_credit_crisis_of_1772%E2%80%931773" title="British credit crisis of 1772–1773">British credit crisis of 1772–1773</a></span></li> <li><span class="nowrap"><a href="/wiki/Financial_history_of_the_Dutch_Republic" title="Financial history of the Dutch Republic">Dutch Republic financial collapse</a> (c. 1780–1795)</span></li> <li><span class="nowrap"><a href="/wiki/Copper_Panic_of_1789" title="Copper Panic of 1789">Copper Panic of 1789</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1792" title="Panic of 1792">Panic of 1792</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1796%E2%80%931797" title="Panic of 1796–1797">Panic of 1796–1797</a></span></li> <li><span class="nowrap"><a href="/wiki/Danish_state_bankruptcy_of_1813" title="Danish state bankruptcy of 1813">Danish state bankruptcy of 1813</a></span></li> <li><span class="nowrap"><a href="/wiki/Commodity_price_shocks" title="Commodity price shocks">Post-Napoleonic Irish grain price and land use shocks</a> (1815–1816)</span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1819" title="Panic of 1819">Panic of 1819</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1825" title="Panic of 1825">Panic of 1825</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1837" title="Panic of 1837">Panic of 1837</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1840–1870</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/European_potato_failure" title="European potato failure">European potato failure</a> (1845–1856)</span> <ul><li><span class="nowrap"><a href="/wiki/Great_Famine_(Ireland)" title="Great Famine (Ireland)">Great Irish Famine</a></span></li> <li><span class="nowrap"><a href="/wiki/Highland_Potato_Famine" title="Highland Potato Famine">Highland Potato Famine</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1847" title="Panic of 1847">Panic of 1847</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1857" title="Panic of 1857">Panic of 1857</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1866" title="Panic of 1866">Panic of 1866</a></span></li> <li><span class="nowrap"><a href="/wiki/Black_Friday_(1869)" title="Black Friday (1869)">Black Friday</a> (1869)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Second_Industrial_Revolution" title="Second Industrial Revolution">2nd Industrial Revolution</a><br />(1870–1914)</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Panic_of_1873" title="Panic of 1873">Panic of 1873</a></span></li> <li><span class="nowrap"><a href="/wiki/Paris_Bourse_crash_of_1882" title="Paris Bourse crash of 1882">Paris Bourse crash of 1882</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1884" title="Panic of 1884">Panic of 1884</a></span></li> <li><span class="nowrap"><a href="/wiki/Arendal_crash" title="Arendal crash">Arendal crash</a> (1886)</span></li> <li><span class="nowrap"><a href="/wiki/Baring_crisis" title="Baring crisis">Baring crisis</a> (1890)</span></li> <li><span class="nowrap"><a href="/wiki/Encilhamento" title="Encilhamento">Encilhamento</a> (1890–1893)</span></li> <li><span class="nowrap"><a class="mw-selflink selflink">Panic of 1893</a></span></li> <li><span class="nowrap"><a href="/wiki/Australian_banking_crisis_of_1893" title="Australian banking crisis of 1893">Australian banking crisis of 1893</a></span></li> <li><span class="nowrap"><a href="/wiki/Black_Monday_(1894)" title="Black Monday (1894)">Black Monday</a> (1894)</span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1896" title="Panic of 1896">Panic of 1896</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1901" title="Panic of 1901">Panic of 1901</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1907" title="Panic of 1907">Panic of 1907</a></span></li> <li><span class="nowrap"><a href="/wiki/Shanghai_rubber_stock_market_crisis" title="Shanghai rubber stock market crisis">Shanghai rubber stock market crisis</a> (1910)</span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1910%E2%80%9311" title="Panic of 1910–11">Panic of 1910–11</a></span></li> <li><span class="nowrap"><a href="/wiki/Financial_crisis_of_1914" title="Financial crisis of 1914">Financial crisis of 1914</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Interwar_period" title="Interwar period">Interwar period</a><br />(1918–1939)</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Hyperinflation_in_early_Soviet_Russia" title="Hyperinflation in early Soviet Russia">Early Soviet hyperinflation</a> (1917–1924)</span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation_in_the_Weimar_Republic" title="Hyperinflation in the Weimar Republic">Weimar Republic hyperinflation</a> (1921–1923)</span></li> <li><span class="nowrap"><a href="/wiki/Sh%C5%8Dwa_financial_crisis" title="Shōwa financial crisis">Shōwa financial crisis</a> (1927)</span></li> <li><span class="nowrap"><a href="/wiki/Wall_Street_Crash_of_1929" class="mw-redirect" title="Wall Street Crash of 1929">Wall Street Crash of 1929</a></span></li> <li><span class="nowrap"><a href="/wiki/Panic_of_1930" title="Panic of 1930">Panic of 1930</a></span></li> <li><span class="nowrap"><a href="/wiki/Chinese_hyperinflation" title="Chinese hyperinflation">Chinese hyperinflation</a> (1937-1950)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/World_War_II" title="World War II">Wartime period</a><br />(1939–1945)</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Hyperinflation_in_Greece" title="Hyperinflation in Greece">Greek hyperinflation</a> (1941–1946)</span></li> <li><span class="nowrap"><a href="/wiki/Chinese_hyperinflation" title="Chinese hyperinflation">Chinese hyperinflation</a> (1937-1950)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Post%E2%80%93World_War_II_economic_expansion" title="Post–World War II economic expansion">Post–WWII expansion</a><br />(1945–1973)</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Hungarian_peng%C5%91#Hyperinflation" title="Hungarian pengő">Hungarian pengő hyperinflation</a> (1945–1946)</span></li> <li><span class="nowrap"><a href="/wiki/Kennedy_Slide_of_1962" title="Kennedy Slide of 1962">Kennedy Slide of 1962</a></span></li> <li><span class="nowrap"><a href="/w/index.php?title=1963%E2%80%931965_Indonesian_hyperinflation&action=edit&redlink=1" class="new" title="1963–1965 Indonesian hyperinflation (page does not exist)">1963–1965 Indonesian hyperinflation</a></span></li> <li><span class="nowrap"><a href="/wiki/Chinese_hyperinflation" title="Chinese hyperinflation">Chinese hyperinflation</a> (1937-1950)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Stagflation" title="Stagflation">Great Inflation</a><br />(1973–1982)</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/1970s_energy_crisis" title="1970s energy crisis">1970s energy crisis</a> (1973–1980)</span></li> <li><span class="nowrap"><a href="/wiki/1973_oil_crisis" title="1973 oil crisis">1973 oil crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/1973%E2%80%931974_stock_market_crash" title="1973–1974 stock market crash">1973–1974 stock market crash</a></span></li> <li><span class="nowrap"><a href="/wiki/Secondary_banking_crisis_of_1973%E2%80%931975" title="Secondary banking crisis of 1973–1975">Secondary banking crisis of 1973–1975</a></span></li> <li><span class="nowrap"><a href="/wiki/Steel_crisis" title="Steel crisis">Steel crisis</a> (1973–1982)</span></li> <li><span class="nowrap"><a href="/wiki/Latin_American_debt_crisis" title="Latin American debt crisis">Latin American debt crisis</a> (1975–1982)</span></li> <li><span class="nowrap"><a href="/wiki/1976_sterling_crisis" title="1976 sterling crisis">1976 British currency crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/1979_oil_crisis" title="1979 oil crisis">1979 oil crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation_in_Brazil" title="Hyperinflation in Brazil">Brazilian hyperinflation</a> (1980–1982)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Great_Moderation" title="Great Moderation">Great Moderation</a>/<br /><a href="/wiki/Great_Regression" class="mw-redirect" title="Great Regression">Great Regression</a><br />(1982–2007)</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Hyperinflation_in_Brazil" title="Hyperinflation in Brazil">Brazilian hyperinflation</a> (1982–1994)</span></li> <li><span class="nowrap"><a href="/wiki/Souk_Al-Manakh_stock_market_crash" title="Souk Al-Manakh stock market crash">Souk Al-Manakh stock market crash</a> (1982)</span></li> <li><span class="nowrap"><a href="/wiki/Crisis_of_1982" title="Crisis of 1982">Chilean crisis of 1982</a></span></li> <li><span class="nowrap"><a href="/wiki/1983_Israel_bank_stock_crisis" title="1983 Israel bank stock crisis">1983 Israel bank stock crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Black_Saturday_(1983)" title="Black Saturday (1983)">Black Saturday (1983)</a></span></li> <li><span class="nowrap"><a href="/wiki/Savings_and_loan_crisis" title="Savings and loan crisis">Savings and loan crisis</a> (1986–1995)</span></li> <li><span class="nowrap"><a href="/wiki/Cameroonian_economic_crisis" title="Cameroonian economic crisis">Cameroonian economic crisis</a> (1987–2000s)</span></li> <li><span class="nowrap"><a href="/wiki/Black_Monday_(1987)" title="Black Monday (1987)">Black Monday (1987)</a></span></li> <li><span class="nowrap"><a href="/wiki/1988%E2%80%931992_Norwegian_banking_crisis" title="1988–1992 Norwegian banking crisis">1988–1992 Norwegian banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Japanese_asset_price_bubble" title="Japanese asset price bubble">Japanese asset price bubble crash</a> (1990–1992)</span></li> <li><span class="nowrap"><a href="/wiki/Rhode_Island_banking_crisis" title="Rhode Island banking crisis">Rhode Island banking crisis</a> (1990–1992)</span></li> <li><span class="nowrap"><a href="/wiki/1991_Indian_economic_crisis" title="1991 Indian economic crisis">1991 Indian economic crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Sweden_financial_crisis_1990%E2%80%931994" class="mw-redirect" title="Sweden financial crisis 1990–1994">1990s Swedish financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/1990s_Finnish_banking_crisis" title="1990s Finnish banking crisis">1990s Finnish banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Armenian_energy_crisis_of_1990s" class="mw-redirect" title="Armenian energy crisis of 1990s">1990s Armenian energy crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Special_Period" title="Special Period">Cuban Special Period</a> (1991–2000)</span></li> <li><span class="nowrap"><a href="/wiki/Black_Wednesday" title="Black Wednesday">Black Wednesday (1992 Sterling crisis)</a></span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation_in_the_Federal_Republic_of_Yugoslavia" title="Hyperinflation in the Federal Republic of Yugoslavia">Yugoslav hyperinflation</a> (1992–1994)</span></li> <li><span class="nowrap"><a href="/wiki/1994_bond_market_crisis" title="1994 bond market crisis">1994 bond market crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Venezuelan_banking_crisis_of_1994" title="Venezuelan banking crisis of 1994">Venezuelan banking crisis of 1994</a></span></li> <li><span class="nowrap"><a href="/wiki/Mexican_peso_crisis" title="Mexican peso crisis">Mexican peso crisis</a> (1994–1996)</span></li> <li><span class="nowrap"><a href="/wiki/1997_Asian_financial_crisis" title="1997 Asian financial crisis">1997 Asian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/October_27,_1997,_mini-crash" title="October 27, 1997, mini-crash">October 1997 mini-crash</a></span></li> <li><span class="nowrap"><a href="/wiki/1998_Russian_financial_crisis" title="1998 Russian financial crisis">1998 Russian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/1998%E2%80%931999_Ecuador_economic_crisis" title="1998–1999 Ecuador economic crisis">1998–1999 Ecuador economic crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/1998%E2%80%932002_Argentine_great_depression" title="1998–2002 Argentine great depression">1998–2002 Argentine great depression</a></span></li> <li><span class="nowrap"><a href="/wiki/Samba_effect" title="Samba effect">Samba effect</a> (1999)</span></li> <li><span class="nowrap"><a href="/wiki/Dot-com_bubble" title="Dot-com bubble">Dot-com bubble crash</a> (2000–2004)</span></li> <li><span class="nowrap"><a href="/wiki/Economic_effects_of_the_September_11_attacks" title="Economic effects of the September 11 attacks">9/11 stock market crash</a> (2001)</span></li> <li><span class="nowrap"><a href="/wiki/2001_Turkish_economic_crisis" title="2001 Turkish economic crisis">2001 Turkish economic crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/South_American_economic_crisis_of_2002" title="South American economic crisis of 2002">South American economic crisis of 2002</a></span></li> <li><span class="nowrap"><a href="/wiki/Stock_market_downturn_of_2002" title="Stock market downturn of 2002">Stock market downturn of 2002</a></span></li> <li><span class="nowrap"><a href="/wiki/2002_Uruguay_banking_crisis" title="2002 Uruguay banking crisis">2002 Uruguay banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2003_Myanmar_banking_crisis" title="2003 Myanmar banking crisis">2003 Myanmar banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2000s_energy_crisis" title="2000s energy crisis">2000s energy crisis</a> (2003–2008)</span></li> <li><span class="nowrap"><a href="/wiki/2004_Argentine_energy_crisis" title="2004 Argentine energy crisis">2004 Argentine energy crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Chinese_stock_bubble_of_2007" title="Chinese stock bubble of 2007">2007 Chinese stock bubble crash</a></span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation_in_Zimbabwe" title="Hyperinflation in Zimbabwe">Zimbabwean hyperinflation</a> (2007–present)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a><br />(2007–2009)</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/2007%E2%80%932008_financial_crisis" title="2007–2008 financial crisis">2007–2008 financial crisis</a></span> <ul><li><span class="nowrap"><a href="/wiki/Global_financial_crisis_in_September_2008" title="Global financial crisis in September 2008">September 2008</a></span></li> <li><span class="nowrap"><a href="/wiki/Global_financial_crisis_in_October_2008" title="Global financial crisis in October 2008">October 2008</a></span></li> <li><span class="nowrap"><a href="/wiki/Global_financial_crisis_in_November_2008" title="Global financial crisis in November 2008">November 2008</a></span></li> <li><span class="nowrap"><a href="/wiki/Global_financial_crisis_in_December_2008" title="Global financial crisis in December 2008">December 2008</a></span></li> <li><span class="nowrap"><a href="/wiki/Global_financial_crisis_in_2009" title="Global financial crisis in 2009">2009</a></span></li> <li><span class="nowrap"><a href="/wiki/Subprime_mortgage_crisis" title="Subprime mortgage crisis">Subprime mortgage crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2000s_United_States_housing_market_correction" title="2000s United States housing market correction">2000s U.S. housing market correction</a></span></li> <li><span class="nowrap"><a href="/wiki/United_States_bear_market_of_2007%E2%80%932009" title="United States bear market of 2007–2009">U.S. bear market of 2007–2009</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_Latvian_financial_crisis" title="2008 Latvian financial crisis">2008 Latvian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2008%E2%80%932009_Belgian_financial_crisis" title="2008–2009 Belgian financial crisis">2008–2009 Belgian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Great_Recession_in_Russia" title="Great Recession in Russia">2008–2009 Russian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2008%E2%80%932009_Ukrainian_financial_crisis" title="2008–2009 Ukrainian financial crisis">2008–2009 Ukrainian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2008%E2%80%932011_Icelandic_financial_crisis" title="2008–2011 Icelandic financial crisis">2008–2011 Icelandic financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Post-2008_Irish_banking_crisis" title="Post-2008 Irish banking crisis">2008–2011 Irish banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2008%E2%80%932014_Spanish_financial_crisis" title="2008–2014 Spanish financial crisis">2008–2014 Spanish financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Blue_Monday_Crash_2009" title="Blue Monday Crash 2009">Blue Monday Crash 2009</a></span></li> <li><span class="nowrap"><a href="/wiki/European_debt_crisis" title="European debt crisis">European debt crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Greek_government-debt_crisis" title="Greek government-debt crisis">Greek government-debt crisis</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Information_Age" title="Information Age">Information Age</a><br />(2009–present)</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Dubai_World" title="Dubai World">2009 Dubai debt standstill</a></span></li> <li><span class="nowrap"><a href="/wiki/Venezuelan_banking_crisis_of_2009%E2%80%932010" title="Venezuelan banking crisis of 2009–2010">Venezuelan banking crisis of 2009–2010</a></span></li> <li><span class="nowrap"><a href="/wiki/2010%E2%80%932014_Portuguese_financial_crisis" title="2010–2014 Portuguese financial crisis">2010–2014 Portuguese financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Energy_crisis_in_Venezuela" title="Energy crisis in Venezuela">Energy crisis in Venezuela</a> (2010–present)</span></li> <li><span class="nowrap"><a href="/wiki/Economy_of_Syria" title="Economy of Syria">Syrian economic crisis</a> (2011–present)</span></li> <li><span class="nowrap"><a href="/wiki/August_2011_stock_markets_fall" title="August 2011 stock markets fall">August 2011 stock markets fall</a></span></li> <li><span class="nowrap"><a href="/wiki/2011_Bangladesh_share_market_scam" title="2011 Bangladesh share market scam">2011 Bangladesh share market scam</a></span></li> <li><span class="nowrap"><a href="/wiki/2012%E2%80%932013_Cypriot_financial_crisis" title="2012–2013 Cypriot financial crisis">2012–2013 Cypriot financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Chinese_Banking_Liquidity_Crisis_of_2013" title="Chinese Banking Liquidity Crisis of 2013">2013 Chinese banking liquidity crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2013%E2%80%93present_economic_crisis_in_Venezuela" title="2013–present economic crisis in Venezuela">Venezuela economic crisis</a> (2013–present)</span></li> <li><span class="nowrap"><a href="/wiki/2014_Brazilian_economic_crisis" title="2014 Brazilian economic crisis">2014–2016 Brazilian economic crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Puerto_Rican_government-debt_crisis" title="Puerto Rican government-debt crisis">Puerto Rican government-debt crisis</a> (2014–2022)</span></li> <li><span class="nowrap"><a href="/wiki/Russian_financial_crisis_(2014%E2%80%932016)" title="Russian financial crisis (2014–2016)">Russian financial crisis (2014–2016)</a></span></li> <li><span class="nowrap"><a href="/wiki/2015_Nepal_blockade" title="2015 Nepal blockade">2015 Nepal blockade</a></span></li> <li><span class="nowrap"><a href="/wiki/2015%E2%80%932016_Chinese_stock_market_turbulence" title="2015–2016 Chinese stock market turbulence">2015–2016 Chinese stock market turbulence</a></span></li> <li><span class="nowrap"><a href="/wiki/2015%E2%80%932016_stock_market_selloff" title="2015–2016 stock market selloff">2015–2016 stock market selloff</a></span></li> <li><span class="nowrap"><a href="/wiki/Economic_effects_of_Brexit" title="Economic effects of Brexit">Brexit stock market crash</a> (2016)</span></li> <li><span class="nowrap"><a href="/wiki/Hyperinflation_in_Venezuela" title="Hyperinflation in Venezuela">Venezuelan hyperinflation</a> (2016–2022)</span></li> <li><span class="nowrap"><a href="/wiki/2017_Sri_Lankan_fuel_crisis" title="2017 Sri Lankan fuel crisis">2017 Sri Lankan fuel crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Ghana_banking_crisis" title="Ghana banking crisis">Ghana banking crisis</a> (2017–2018)</span></li> <li><span class="nowrap"><a href="/wiki/Turkish_economic_crisis_(2018%E2%80%93current)" title="Turkish economic crisis (2018–current)">Turkish economic crisis</a> (2018–present)</span></li> <li><span class="nowrap"><a href="/wiki/Lebanese_liquidity_crisis" title="Lebanese liquidity crisis">Lebanese liquidity crisis</a> (2019–present)</span></li> <li><span class="nowrap"><a href="/wiki/Sri_Lankan_economic_crisis_(2019%E2%80%93present)" title="Sri Lankan economic crisis (2019–present)">Sri Lankan economic crisis</a> (2019–present)</span></li> <li><span class="nowrap"><a href="/wiki/Economic_impact_of_the_COVID-19_pandemic" title="Economic impact of the COVID-19 pandemic">COVID-19 pandemic</a></span> <ul><li><span class="nowrap"><a href="/wiki/Financial_market_impact_of_the_COVID-19_pandemic" title="Financial market impact of the COVID-19 pandemic">Financial market impact</a></span></li> <li><span class="nowrap"><a href="/wiki/2020_stock_market_crash" title="2020 stock market crash">2020 stock market crash</a></span></li> <li><span class="nowrap"><a href="/wiki/Early_2020s_recession" class="mw-redirect" title="Early 2020s recession">Recession</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Chinese_property_sector_crisis_(2020%E2%80%93present)" title="Chinese property sector crisis (2020–present)">Chinese property sector crisis</a> (2020–present)</span></li> <li><span class="nowrap"><a href="/wiki/2021%E2%80%932023_inflation_surge" title="2021–2023 inflation surge">2021–2023 inflation surge</a></span></li> <li><span class="nowrap"><a href="/wiki/Economic_impact_of_the_Russian_invasion_of_Ukraine" title="Economic impact of the Russian invasion of Ukraine">2022 Russian financial crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/Pakistani_economic_crisis_(2022%E2%80%93present)" title="Pakistani economic crisis (2022–present)">Pakistani economic crisis</a> (2022–present)</span></li> <li><span class="nowrap"><a href="/wiki/2022_stock_market_decline" title="2022 stock market decline">2022 stock market decline</a></span></li> <li><span class="nowrap"><a href="/wiki/German_economic_crisis_(2022%E2%80%93present)" title="German economic crisis (2022–present)">2022–2024 German economic crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2023_United_States_banking_crisis" title="2023 United States banking crisis">2023 United States banking crisis</a></span></li> <li><span class="nowrap"><a href="/wiki/2023%E2%80%932024_Egyptian_financial_crisis" title="2023–2024 Egyptian financial crisis">2023–2024 Egyptian financial crisis</a></span></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><a href="/wiki/List_of_banking_crises" title="List of banking crises">List of banking crises</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_economic_crises" title="List of economic crises">List of economic crises</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_sovereign_debt_crises" title="List of sovereign debt crises">List of sovereign debt crises</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_stock_market_crashes_and_bear_markets" title="List of stock market crashes and bear markets">List of stock market crashes and bear markets</a></span></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Grover_Cleveland" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Grover_Cleveland" title="Template:Grover Cleveland"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Grover_Cleveland" title="Template talk:Grover Cleveland"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Grover_Cleveland" title="Special:EditPage/Template:Grover Cleveland"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Grover_Cleveland" style="font-size:114%;margin:0 4em"><a href="/wiki/Grover_Cleveland" title="Grover Cleveland">Grover Cleveland</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><a href="/wiki/List_of_presidents_of_the_United_States" title="List of presidents of the United States">22nd and 24th</a> <a href="/wiki/President_of_the_United_States" title="President of the United States">President of the United States</a> (1885–1889, 1893–1897)</span></li> <li><span class="nowrap"><a href="/wiki/List_of_governors_of_New_York" title="List of governors of New York">28th</a> <a href="/wiki/Governor_of_New_York" title="Governor of New York">Governor of New York</a> (1883–1885)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Life</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Grover_Cleveland_Birthplace" title="Grover Cleveland Birthplace">Grover Cleveland Birthplace</a></li> <li><a href="/wiki/New_York_Institute_for_Special_Education" title="New York Institute for Special Education">New York Institute for Special Education</a></li> <li><a href="/wiki/1881_Buffalo_mayoral_election" title="1881 Buffalo mayoral election">1881 Buffalo mayoral election</a></li> <li><a href="/wiki/1882_New_York_state_election" title="1882 New York state election">1882 New York state election</a></li> <li><a href="/wiki/Mugwumps" title="Mugwumps">Mugwumps</a></li> <li><a href="/wiki/Westland_Mansion" title="Westland Mansion">Westland Mansion</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Presidencies_of_Grover_Cleveland" title="Presidencies of Grover Cleveland">Presidencies</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/1884_United_States_presidential_election" title="1884 United States presidential election">1884 presidential election</a> <ul><li><a href="/wiki/Grover_Cleveland_1884_presidential_campaign" title="Grover Cleveland 1884 presidential campaign">Campaign</a></li> <li><a href="/wiki/1884_Democratic_National_Convention" title="1884 Democratic National Convention">Democratic National Convention</a></li></ul></li> <li><a href="/wiki/First_inauguration_of_Grover_Cleveland" title="First inauguration of Grover Cleveland">First inauguration</a></li> <li><a href="/wiki/Wedding_of_Grover_Cleveland_and_Frances_Folsom" title="Wedding of Grover Cleveland and Frances Folsom">Wedding to Frances Folsom</a></li> <li><a href="/wiki/History_of_U.S._foreign_policy,_1861%E2%80%931897" title="History of U.S. foreign policy, 1861–1897">Foreign policy</a></li> <li><a href="/wiki/Presidential_Succession_Act" title="Presidential Succession Act">Presidential Succession Act of 1886</a></li> <li><a href="/wiki/Electoral_Count_Act" title="Electoral Count Act">Electoral Count Act</a></li> <li><a href="/wiki/Interstate_Commerce_Act_of_1887" title="Interstate Commerce Act of 1887">Interstate Commerce Act of 1887</a> <ul><li><a href="/wiki/Interstate_Commerce_Commission" title="Interstate Commerce Commission">Interstate Commerce Commission</a></li></ul></li> <li><a href="/wiki/Tenure_of_Office_Act_(1867)" title="Tenure of Office Act (1867)">Tenure of Office Act</a></li> <li><a href="/wiki/Dependent_and_Disability_Pension_Act" title="Dependent and Disability Pension Act">Dependent and Disability Pension Act</a></li> <li><a href="/wiki/Hatch_Act_of_1887" title="Hatch Act of 1887">Hatch Act of 1887</a></li> <li><a href="/wiki/Agricultural_Experiment_Stations_Act_of_1887" title="Agricultural Experiment Stations Act of 1887">Agricultural Experiment Stations Act of 1887</a></li> <li><a href="/wiki/Texas_Seed_Bill" title="Texas Seed Bill">Texas Seed Bill</a></li> <li><a href="/wiki/Berlin_Conference" title="Berlin Conference">Berlin Conference</a></li> <li><a href="/wiki/Scott_Act_(1888)" title="Scott Act (1888)">Scott Act</a></li> <li><a href="/wiki/Dawes_Act" title="Dawes Act">Dawes Act</a></li> <li><a href="/wiki/Indian_Appropriations_Act" title="Indian Appropriations Act">Indian Appropriations Act of 1889</a></li> <li><a href="/wiki/List_of_federal_judges_appointed_by_Grover_Cleveland" title="List of federal judges appointed by Grover Cleveland">Federal judges appointed</a></li> <li><a href="/wiki/1888_United_States_presidential_election" title="1888 United States presidential election">1888 presidential election</a> <ul><li><a href="/wiki/Grover_Cleveland_1888_presidential_campaign" title="Grover Cleveland 1888 presidential campaign">Campaign</a></li> <li><a href="/wiki/1888_Democratic_National_Convention" title="1888 Democratic National Convention">Democratic National Convention</a></li></ul></li> <li><a href="/wiki/Murchison_letter" title="Murchison letter">Murchison letter</a></li> <li><a href="/wiki/Gray_Gables" title="Gray Gables">Gray Gables</a></li> <li><a href="/wiki/1892_United_States_presidential_election" title="1892 United States presidential election">1892 presidential election</a> <ul><li><a href="/wiki/Grover_Cleveland_1892_presidential_campaign" title="Grover Cleveland 1892 presidential campaign">Campaign</a></li> <li><a href="/wiki/1892_Democratic_National_Convention" title="1892 Democratic National Convention">Democratic National Convention</a></li></ul></li> <li><a href="/wiki/Second_inauguration_of_Grover_Cleveland" title="Second inauguration of Grover Cleveland">Second inauguration</a></li> <li><a class="mw-selflink selflink">Panic of 1893</a></li> <li><a href="/wiki/Sherman_Silver_Purchase_Act" title="Sherman Silver Purchase Act">Sherman Silver Purchase Act</a></li> <li><a href="/wiki/Wilson%E2%80%93Gorman_Tariff_Act" title="Wilson–Gorman Tariff Act">Wilson–Gorman Tariff Act</a></li> <li><a href="/wiki/Coxey%27s_Army" title="Coxey's Army">Coxey's Army</a></li> <li><a href="/wiki/Pullman_Strike" title="Pullman Strike">Pullman Strike</a></li> <li><a href="/wiki/Overthrow_of_the_Hawaiian_Kingdom" title="Overthrow of the Hawaiian Kingdom">Overthrow of the Hawaiian Kingdom</a></li> <li><a href="/wiki/Venezuelan_crisis_of_1895" title="Venezuelan crisis of 1895">Venezuelan crisis of 1895</a></li> <li><a href="/wiki/Enabling_Act_of_1889" title="Enabling Act of 1889">Enabling Act of 1889</a></li> <li><a href="/wiki/National_Democratic_Party_(United_States)" title="National Democratic Party (United States)">National Democratic Party</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Public image</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Cleveland_National_Forest" title="Cleveland National Forest">Cleveland National Forest</a></li> <li><a href="/wiki/Cleveland_Park" title="Cleveland Park">Cleveland Park</a></li> <li>Grover Cleveland High School <ul><li><a href="/wiki/Grover_Cleveland_High_School_(Buffalo,_New_York)" title="Grover Cleveland High School (Buffalo, New York)">Buffalo, New York</a></li> <li><a href="/wiki/Cleveland_High_School_(Los_Angeles)" title="Cleveland High School (Los Angeles)">Los Angeles</a></li> <li><a href="/wiki/Grover_Cleveland_High_School_(Queens)" title="Grover Cleveland High School (Queens)">Queens</a></li></ul></li> <li><a href="/wiki/Cleveland,_Mississippi" title="Cleveland, Mississippi">Cleveland, Mississippi</a></li> <li><a href="/wiki/Mount_Cleveland_(Alaska)" title="Mount Cleveland (Alaska)">Mount Cleveland (Alaska)</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Family</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Frances_Cleveland" title="Frances Cleveland">Frances Cleveland</a> (wife)</li> <li><a href="/wiki/Ruth_Cleveland" title="Ruth Cleveland">Ruth Cleveland</a> (daughter)</li> <li><a href="/wiki/Esther_Cleveland" title="Esther Cleveland">Esther Cleveland</a> (daughter)</li> <li><a href="/wiki/Richard_F._Cleveland" title="Richard F. Cleveland">Richard F. Cleveland</a> (son)</li> <li><a href="/wiki/Francis_Cleveland" title="Francis Cleveland">Francis Cleveland</a> (son)</li> <li><a href="/wiki/Philippa_Foot" title="Philippa Foot">Philippa Foot</a> (granddaughter)</li> <li><a href="/wiki/Richard_Falley_Cleveland" title="Richard Falley Cleveland">Richard Falley Cleveland</a> (father)</li> <li><a href="/wiki/Rose_Cleveland" title="Rose Cleveland">Rose Cleveland</a> (sister)</li> <li><a href="/wiki/Richard_Falley_Jr." title="Richard Falley Jr.">Richard Falley Jr.</a> (great-grandfather)</li></ul> </div></td></tr><tr><td class="navbox-abovebelow hlist" colspan="2"><div> <ul><li><b><a href="/wiki/Chester_A._Arthur" title="Chester A. Arthur">← Chester A. Arthur</a></b></li> <li><b><a href="/wiki/Benjamin_Harrison" title="Benjamin Harrison">←Benjamin Harrison→</a></b></li> <li><b><a href="/wiki/William_McKinley" title="William McKinley">William McKinley →</a></b></li></ul> <ul><li><b><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Grover_Cleveland" title="Category:Grover Cleveland">Category</a></b></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐f69cdc8f6‐thrbb Cached time: 20241122141122 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 0.815 seconds Real time usage: 1.084 seconds Preprocessor visited node count: 2568/1000000 Post‐expand include size: 255895/2097152 bytes Template argument size: 1166/2097152 bytes Highest expansion depth: 13/100 Expensive parser function count: 3/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 126964/5000000 bytes Lua time usage: 0.456/10.000 seconds Lua memory usage: 5688047/52428800 bytes Number of Wikibase entities loaded: 1/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 814.793 1 -total 25.44% 207.276 1 Template:Reflist 20.20% 164.598 5 Template:Navbox 17.54% 142.921 1 Template:United_States–Commonwealth_of_Nations_recessions 14.51% 118.233 1 Template:Commons_category 14.21% 115.743 1 Template:Sister_project 13.95% 113.652 1 Template:Side_box 13.82% 112.565 5 Template:Cite_book 10.51% 85.600 15 Template:Cite_journal 10.17% 82.843 1 Template:Short_description --> <!-- Saved in parser cache with key enwiki:pcache:idhash:217756-0!canonical and timestamp 20241122141122 and revision id 1252357425. Rendering was triggered because: page-view --> </div><!--esi <esi:include src="/esitest-fa8a495983347898/content" /> --><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Panic_of_1893&oldid=1252357425">https://en.wikipedia.org/w/index.php?title=Panic_of_1893&oldid=1252357425</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:1893_in_the_United_States" title="Category:1893 in the United States">1893 in the United States</a></li><li><a href="/wiki/Category:Financial_crises" title="Category:Financial crises">Financial crises</a></li><li><a href="/wiki/Category:Economic_crises_in_the_United_States" title="Category:Economic crises in the United States">Economic crises in the United States</a></li><li><a href="/wiki/Category:Stock_market_crashes" title="Category:Stock market crashes">Stock market crashes</a></li><li><a href="/wiki/Category:19th_century_in_economic_history" title="Category:19th century in economic history">19th century in economic history</a></li><li><a href="/wiki/Category:1893_in_economic_history" title="Category:1893 in economic history">1893 in economic history</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_is_different_from_Wikidata" title="Category:Short description is different from Wikidata">Short description is different from Wikidata</a></li><li><a href="/wiki/Category:Wikipedia_introduction_cleanup_from_November_2022" title="Category:Wikipedia introduction cleanup from November 2022">Wikipedia introduction cleanup from November 2022</a></li><li><a href="/wiki/Category:All_pages_needing_cleanup" title="Category:All pages needing cleanup">All pages needing cleanup</a></li><li><a href="/wiki/Category:Articles_covered_by_WikiProject_Wikify_from_November_2022" title="Category:Articles covered by WikiProject Wikify from November 2022">Articles covered by WikiProject Wikify from November 2022</a></li><li><a href="/wiki/Category:All_articles_covered_by_WikiProject_Wikify" title="Category:All articles covered by WikiProject Wikify">All articles covered by WikiProject Wikify</a></li><li><a href="/wiki/Category:Commons_category_link_is_on_Wikidata" title="Category:Commons category link is on Wikidata">Commons category link is on Wikidata</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 21 October 2024, at 00:09<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. By using this site, you agree to the <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Terms_of_Use" class="extiw" title="foundation:Special:MyLanguage/Policy:Terms of Use">Terms of Use</a> and <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy" class="extiw" title="foundation:Special:MyLanguage/Policy:Privacy policy">Privacy Policy</a>. Wikipedia® is a registered trademark of the <a rel="nofollow" class="external text" href="https://wikimediafoundation.org/">Wikimedia Foundation, Inc.</a>, a non-profit organization.</li> </ul> <ul id="footer-places"> <li id="footer-places-privacy"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy">Privacy policy</a></li> <li id="footer-places-about"><a href="/wiki/Wikipedia:About">About Wikipedia</a></li> <li id="footer-places-disclaimers"><a href="/wiki/Wikipedia:General_disclaimer">Disclaimers</a></li> <li id="footer-places-contact"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us">Contact Wikipedia</a></li> <li id="footer-places-wm-codeofconduct"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Universal_Code_of_Conduct">Code of Conduct</a></li> <li id="footer-places-developers"><a href="https://developer.wikimedia.org">Developers</a></li> <li id="footer-places-statslink"><a href="https://stats.wikimedia.org/#/en.wikipedia.org">Statistics</a></li> <li id="footer-places-cookiestatement"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Cookie_statement">Cookie statement</a></li> <li id="footer-places-mobileview"><a href="//en.m.wikipedia.org/w/index.php?title=Panic_of_1893&mobileaction=toggle_view_mobile" class="noprint stopMobileRedirectToggle">Mobile view</a></li> </ul> <ul id="footer-icons" class="noprint"> <li id="footer-copyrightico"><a href="https://wikimediafoundation.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/static/images/footer/wikimedia-button.svg" width="84" height="29" alt="Wikimedia Foundation" loading="lazy"></a></li> <li id="footer-poweredbyico"><a href="https://www.mediawiki.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/w/resources/assets/poweredby_mediawiki.svg" alt="Powered by MediaWiki" width="88" height="31" loading="lazy"></a></li> </ul> </footer> </div> </div> </div> <div class="vector-settings" id="p-dock-bottom"> <ul></ul> </div><script>(RLQ=window.RLQ||[]).push(function(){mw.config.set({"wgHostname":"mw-web.codfw.main-f69cdc8f6-rxgvm","wgBackendResponseTime":181,"wgPageParseReport":{"limitreport":{"cputime":"0.815","walltime":"1.084","ppvisitednodes":{"value":2568,"limit":1000000},"postexpandincludesize":{"value":255895,"limit":2097152},"templateargumentsize":{"value":1166,"limit":2097152},"expansiondepth":{"value":13,"limit":100},"expensivefunctioncount":{"value":3,"limit":500},"unstrip-depth":{"value":1,"limit":20},"unstrip-size":{"value":126964,"limit":5000000},"entityaccesscount":{"value":1,"limit":400},"timingprofile":["100.00% 814.793 1 -total"," 25.44% 207.276 1 Template:Reflist"," 20.20% 164.598 5 Template:Navbox"," 17.54% 142.921 1 Template:United_States–Commonwealth_of_Nations_recessions"," 14.51% 118.233 1 Template:Commons_category"," 14.21% 115.743 1 Template:Sister_project"," 13.95% 113.652 1 Template:Side_box"," 13.82% 112.565 5 Template:Cite_book"," 10.51% 85.600 15 Template:Cite_journal"," 10.17% 82.843 1 Template:Short_description"]},"scribunto":{"limitreport-timeusage":{"value":"0.456","limit":"10.000"},"limitreport-memusage":{"value":5688047,"limit":52428800}},"cachereport":{"origin":"mw-web.codfw.main-f69cdc8f6-thrbb","timestamp":"20241122141122","ttl":2592000,"transientcontent":false}}});});</script> <script type="application/ld+json">{"@context":"https:\/\/schema.org","@type":"Article","name":"Panic of 1893","url":"https:\/\/en.wikipedia.org\/wiki\/Panic_of_1893","sameAs":"http:\/\/www.wikidata.org\/entity\/Q2418422","mainEntity":"http:\/\/www.wikidata.org\/entity\/Q2418422","author":{"@type":"Organization","name":"Contributors to Wikimedia projects"},"publisher":{"@type":"Organization","name":"Wikimedia Foundation, Inc.","logo":{"@type":"ImageObject","url":"https:\/\/www.wikimedia.org\/static\/images\/wmf-hor-googpub.png"}},"datePublished":"2003-04-28T02:22:56Z","dateModified":"2024-10-21T00:09:58Z","image":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/8\/89\/Panic_at_the_NYSE_5_May_1893_cph.3b13869.jpg","headline":"financial crisis"}</script> </body> </html>