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The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later, but the effects from it continued to be felt until 1897. [ 1 ] It was the most serious economic depression in history until the Great Depression of the 1930s.
The era began in the severe depression of 1893 and the extraordinarily intense election of 1896. It included the Progressive Era, World War I, and the start of the Great Depression. The Great Depression caused a realignment that produced the Fifth Party System, dominated by the Democratic New Deal Coalition until the 1970s.
World's Columbian Exposition, 1893. May 1-October 30, 1893 - The 1893 World's Fair, also known as the World's Columbian Exposition, was held in Chicago, Illinois to celebrate the 400th anniversary of Christopher Columbus's discovery of the New World. The Exposition was an influential social and cultural event and had a profound effect on ...
McKinley's foreign policy created an overseas empire and put the U.S. on the world's list of major powers. In 1897 the economy rapidly recovered from the severe depression, called the Panic of 1893. McKinley's supporters in 1900 postulated that the new tariff and the commitment to the gold standard were responsible.
An economic depression began in January 1893, becoming known as the Panic of 1893. [63] Fostoria Shade and Lamp Company had done well enough in 1892 that it declared a cash dividend in the spring of 1893. Charles Foster completed his term as United States Secretary of the Treasury, and was re-elected president of Fostoria Shade and Lamp Company ...
You know, there have been so many errors -- in some cases they've been deliberate distortions -- about the impact of President Franklin D. Roosevelt's innovative New Deal policies on the U.S ...
Bank run on the Seamen's Savings Bank during the panic of 1857. There have been as many as 48 recessions in the United States dating back to the Articles of Confederation, and although economists and historians dispute certain 19th-century recessions, [1] the consensus view among economists and historians is that "the [cyclical] volatility of GNP and unemployment was greater before the Great ...
In most respects, April 28, 1942, was much like any other day of the Great Depression era for American markets. "The stock market lacked buying confidence today and leading issues retreated