Search results
1873 (MDCCCLXXIII) was a common year starting on Wednesday of the Gregorian calendar and a common year starting on Monday of the Julian calendar, the 1873rd year of the Common Era (CE) and Anno Domini (AD) designations, the 873rd year of the 2nd millennium, the 73rd year of the 19th century, and the 4th year of the 1870s decade. As of the start ...
Historical events from year 1873. Learn about 84 famous, scandalous and important events that happened in 1873 or search by date or keyword.
With Tim McGraw, Sam Elliott, Faith Hill, Isabel May. The post-Civil war generation of the Dutton family travels to Texas, and joins a wagon train undertaking the arduous journey west to Oregon, before settling in Montana to establish what would eventually become the Yellowstone Ranch.
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the " Long Depression " that weakened the country's economic leadership. [1]
The Panic of 1873, which began with financial crises in Vienna in June and in New York City in September, marked the end of the long-term expansion in the world economy that had begun in the late 1840s. An even greater panic, however, was the stock….
Nov 5, 2017 · What happened and who was famous in 1873? Browse important and historic events, world leaders, famous birthdays and notable deaths from the year 1873.
Feb 21, 2024 · The Panic of 1873 was an economic collapse triggered by the bankruptcy of Jay Cooke and Company, which plunged the United States into a four-year depression. This economic crisis resulted in widespread bankruptcies, including 89 railroad companies and 18,000 businesses.
Jul 9, 2024 · The Panic of 1873 triggered the first 'Great Depression' in the United States and abroad. Lasting from September 1873 until 1878/9, the economic downturn then became known as the Long Depression after the stock market crash of 1929. Currency in the nineteenth century was based on specie.
When the banking firm of Jay Cooke and Company, a firm heavily invested in railroad construction, closed its doors on September 18, 1873, a major economic panic swept the nation.
- www.encyclopedia.com
- › History
The panic of 1873 came as a result of both national and international economic problems. During and after the Civil War, the United States began selling government bonds to European investors. This created much-needed capital inflow into America.
