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The Panic of 1857 was a financial crisis in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. [ 1 ]
[2]: 542 [note 1] In the Northern United States, it became "the book against slavery." [3]: 75 A book reviewer wrote, "Next to Uncle Tom's Cabin (1852), Hinton Helper's critique of slavery and the Southern class system, The Impending Crisis of the South (1857), was arguably the most important antislavery book of the 1850s." [4]
In the book, Bensel undertakes an analysis of the causes of the American Civil War and the failed policies of Reconstruction to construct an argument about the rise of the American national state. The book is a contribution to scholarship on American Political Development and political and economic modernization.
It was fought between Mexico and their O'odham allies against irregular forces from the United States in April 1857. Due to the outbreak of the Reform War in Mexico between conservatives and liberals (1858-1860), the rebel Ignacio Pesqueira invited the U.S. politician Henry A. Crabb to colonize the northern frontier region in the state of Sonora.
Towers, Frank. "Partisans, New History, and Modernization: The Historiography of the Civil War's Causes, 1861–2011." Journal of the Civil War Era 1.2 (2011): 237-264. online; Woods, Michael E. "What twenty-first-century historians have said about the causes of disunion: A Civil war sesquicentennial review of the recent literature."
September 12 – The SS Central America sinks off the coast of North Carolina, killing 425 people. October 1 – Eviction of last residents of Seneca Village to make way for New York City's Central Park is completed. October 13 – Panic of 1857: New York banks close and do not reopen until December 12.
The War for the Union: The Improvised War, 1861–1862 (1959) The War for the Union: War Becomes Revolution, 1862–1863 (1960) The War for the Union: The Organized War, 1863–1864 (1971) The War for the Union: The Organized War to Victory, 1864–1865 (1971) For the last two volumes, published in 1971, Nevins won the U.S. National Book Award ...
The Sioux resented the failure of the government to fulfill treaty obligations; they were starving due to inadequate rations and annuities at the reservations. By 1862, seeing thousands of children and elders die from starvation while whites broke the laws by seizing prime Sioux lands, the Sioux rebelled in what historians called the Sioux ...