However, his term was marked by economic depression that had grown out of the Panic of 1873, which Mackenzie's government was unable to alleviate.

* 1873: Panic of 1873 and the Long Depression begins.

For a time, he began to regain his income, but the insurance company went bankrupt in the Panic of 1873 and Davis had difficulty finding new work.

In the Panic of 1873, Alfred continued to expand, including the purchase of Spanish mines and Dutch shipping, making Krupp the biggest company in Europe but nearly bankrupting it.

* 1874 – The United States Greenback Party is established as a political party consisting primarily of farmers affected by the Panic of 1873.

* 1873 – Panic of 1873: The U. S. bank Jay Cooke & Company declares bankruptcy, triggering a series of bank failures.

The construction of the Suez Canal was one of the reasons of the Panic of 1873, because the goods from the Far East were carried in sailing vessels around the Cape of Good Hope and were stored in British warehouses, but sailing vessels were not adaptable for use through the Suez Canal, because the prevailing winds of the Mediterranean Sea blow from west to east.

His reputation was marred by his repeated defense of corrupt appointees, and by the deep economic depression ( called the " Panic of 1873 ") that dominated his second term.

Grant's response to the Panic of 1873 and the severe depression that followed was ineffective.

Booming post-war industrial markets and the expansion of the American West fueled wild speculation and corruption throughout the United States, only to come to an abrupt crash with the Panic of 1873.

Grant's personal reputation as President suffered from the continued scandals caused by many corrupt appointees and personal associates and for the ruined economy caused by the Panic of 1873.

After the Panic of 1873, Congress debated an inflationary policy to stimulate the economy and passed the Legal Tender Act ( known as the " Inflation Bill ") on April 14, 1874 to increase the nation's tight money supply.

The Panic of 1873 had led to an economic depression that persisted through much of the decade.

* September 18 – The New York stock market crash triggers the Panic of 1873, part of the Long Depression.

* November 25 – The United States Greenback Party is established as a political party, made primarily of farmers financially hurt by the Panic of 1873.

As a result of the Panic of 1873 Jay Gould was able to pick up bargains, among them the control of the Union Pacific Railroad and Western Union also fell under his control.

However, during the economic chaos of the Panic of 1873, the price of silver dropped significantly, but the Mint would accept none for striking into legal tender.

There were financial failures across the country in the Panic of 1873.

During the Panic of 1873, a number of railroads, including the St. Paul and Pacific Railroad ( StP & P ), had gone bankrupt.

A deep national economic depression following the Panic of 1873 led to major Democratic gains in the North, the collapse of many railroad schemes in the South, and a growing sense of frustration in the North.

The five-year depression following the Panic of 1873 caused cheap-money advocates ( led by Representative Richard P. Bland, a Democrat of Missouri ), to join with silver-producing interests in urging a return to bimetallism, the use of both silver and gold as a monetary standard.

The industry was also particularly hurt by the Panic of 1837.

Disaster hit the nation as his second term began when the Panic of 1893 produced a severe national depression that Cleveland was unable to reverse.

Polk's practice was successful as there were many cases arising from debts after the Panic of 1819.

His debut album, Hispanic Causing Panic was released in 1990.

At this time, the nation was undergoing a severe depression ( see Panic of 1837 ).

His administration was largely characterized by the economic hardship of his time, the Panic of 1837.

The Panic was followed by a five-year depression, with the failure of banks and then-record-high unemployment levels.

A major catalyst behind the Great Merger Movement was the Panic of 1893, which led to a major decline in demand for many homogeneous goods.

She was forced to end her formal studies because her family, like many others, was financially ruined during the Panic of 1837.

* In the years 1910 and 1911, there was a minor economic depression known as the Panic of 1910-1911, which was followed by the enforcement of the Sherman Anti-Trust Act.

The purpose of the march was to protest the unemployment caused by the Panic of 1893 and to lobby for the government to create jobs which would involve building roads and other public works improvements.

Indeed, an early major American economic crisis, the Panic of 1819, was described by then-president James Monroe as " a depression ", and the economic crisis immediately preceding the 1930s depression, the Depression of 1920 – 21, was referred to as a " depression " by president Calvin Coolidge.

However, in the 19th and early 20th centuries, financial crises were traditionally referred to as " panics ", e. g., the ' major ' Panic of 1907, and the ' minor ' Panic of 1910 – 1911, though the 1929 crisis was more commonly called " The Crash ", and the term " panic " has since fallen out of use.

The Panic of 1837 was an American financial crisis, built on a speculative real estate market.

The Panic of 1819 caused a painful economic depression.

* 1907 – Panic of 1907: A run on the stock of the Knickerbocker Trust Company sets events in motion that will lead to a depression.

Although the issuance of clearing house certificates curbed the Panic on Wall Street, it did nothing to stop the ensuing five-year depression.

Harrison went on to victory in 1840, defeating Van Buren's re-election bid largely as a result of the Panic of 1837 and subsequent depression.

* The Panic of 1837 triggered by the failing banks in America is followed by a severe depression lasting until 1845.

* May 5 – Panic of 1893: A crash on the New York Stock Exchange starts a depression.

The Panic was followed by a five-year depression, with the failure of banks and record high unemployment levels.

The nation had endured a widespread depression following the Panic of 1819 and momentous disagreement about the extension of slavery into the territories was taking center stage.

Six months after the railroad reached Seattle came the depression called the Panic of 1893.

A wave of bank failures ensued, eventually leading to the Financial Panic of 1837 which included a six year depression.

Hendricks ' term occurred during the post-war depression, the Panic of 1873, which led to a major economic downturn in the state.