The Panic of 1857
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- Original Source:EDSITEment
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Description
This page, from American Memory at the Library of Congress, focuses on significant events in American history and culture associated with August 24. On this day in 1857, the New York branch of the Ohio Life Insurance and Trust Company collapsed. What followed was one of the most severe economic crises in U.S. history, described on this page.
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Grade: 6 to 8
Topics: History-Social Science, Economics, United States History
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