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C1873
The Money Market Panic in America: Scene at the Stock Exchange, San Francisco.
The Panic of 1873 was caused by American Post-Civil War inflation, rampant speculative investments primarily in railways, a large trade deficit, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–71), property losses in the Chicago (1871) and … Read Full Description
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Details
Full Title:
The Money Market Panic in America: Scene at the Stock Exchange, San Francisco.
Date:
C1873
Artist:
Unknown
Condition:
In good condition.
Technique:
Hand coloured engraving.
Image Size:
340mm
x 240mm
AUTHENTICITY
Genuine antique
dated:
1873
Description:
The Panic of 1873 was caused by American Post-Civil War inflation, rampant speculative investments primarily in railways, a large trade deficit, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–71), property losses in the Chicago (1871) and Boston (1872) fires, and other factors put a massive strain on bank reserves.
