The Panic of 1873 was a financial crisis that triggered a depression in Europe and North America that lasted from 1873 until 1879, and even longer in some countries (France and Britain). In Britain, for example, it started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership.

The Panic of 1873 was a financial crisis that triggered a depression in Europe and North America that lasted from 1873 until 1879, and even longer in some countries (France and Britain). In Britain, for example, it started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership.

Panic of 1873 | Teachinghistory.org

Panic of 1873 | Teachinghistory.org

Financial Panics of the 19th Century: Panic of 1873 Depicted in Magazine Illustration/Library of Congress

How Periodic Financial Panics Rocked the American Economy In the 1800s

Financial Panics of the 19th Century: Panic of 1873 Depicted in Magazine Illustration/Library of Congress

Panic of 1873 | Teachinghistory.org

Panic of 1873 | Teachinghistory.org

Panic of 1873 -- financial crisis leading to end of reconstruction

Panic of 1873 -- financial crisis leading to end of reconstruction

Jay Cooke's Gamble: The Northern Pacific Railroad, the Sioux, and the Panic of 1873, by M. John Lubetkin. Yellowstone Park, the Sioux, J. P. Morgan, General Custer, the panic of 1873 - they're all woven into this story of the elements that obstructed and built the Northern Pacific railroad.

Jay Cooke's Gamble: The Northern Pacific Railroad, the Sioux, and the Panic of 1873, by M. John Lubetkin. Yellowstone Park, the Sioux, J. P. Morgan, General Custer, the panic of 1873 - they're all woven into this story of the elements that obstructed and built the Northern Pacific railroad.

Panic of 1873 http://en.wikipedia.org/wiki/Panic_of_1873

Panic of 1873 http://en.wikipedia.org/wiki/Panic_of_1873

Black Friday, 9 May 1873, Vienna Stock Exchange. The Panic of 1873 and Long Depression followed.

Black Friday, 9 May 1873, Vienna Stock Exchange. The Panic of 1873 and Long Depression followed.

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