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(PANIC OF 1873.)
Extra. Senseless Panic. New York: New York Daily Bulletin, September 24, 1873
The Panic of 1873 was set off by the failure of Jay Cooke & Co., the leading American banker of its day. Because of financial crises in Europe , the Credit Mobilier scandal, and related problems, the firm declared bankruptcy on September 18, 1873. The bank’s failure set of a chain of events including the failure of many insurance companies and banks and the ten-day closure of the New York Stock Exchange starting on September 20. Within two months 55 railroads had failed. The downturn, which lasted for the rest of the decade, was known as the Great Depression until the 1930s depression took that name.
$400
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CARTER, JOHN and PERCY MUIR, eds.
Printing and the Mind of Man: a descriptive catalogue illustrating the impact of print on the evolution of western civilization during five centuries. Munich: Pressler, 1983
SECOND EDITION, revised and enlarged.
$175


