The Great Financial Panic of 1873 - Closing the door of the Stock Exchange on its members, Saturday, Sept. 20th. Library of Congress Since the end of the Civil War, railroad construction in the ...

The year 1873 was such a time. The financial panic of that year was caused by over-speculation in railroad expansion and defaults on poorly secured bank loans. Banks failed and a cascade of ...

The Panic of 1873 instigated high tariffs in Germany, and the Smoot Hawley tariffs in the U.S. were implemented in 1930, at ...

In his daily note, Wall Street 's unofficial historian Art Cashin reminds us of what tipped the world into the Panic of 1873 on this day 140 years ago. On September 18th 1873 Jay Cooke and Company ...