Substantial Crop Surpluses (1 ene 1870 año – 1 ene 1890 año)
Descripción:
The phenomenon of agricultural surpluses is well-documented that predates the Panic of 1893. This is evidenced by a multitude of sources, including:
Official Government Records: The Annual Reports of the Department of Agriculture from the early 1890s, available on platforms like Google Books and the Library of Congress, detail growing concerns over excess crop production and its impact on prices.
Contemporary News: Newspaper accounts from the period, accessible through archives and historical databases, frequently reported on the glut of agricultural products and the struggles farmers faced due to falling prices.
Scholarly Research: Economic historians, such as those contributing to "The Economic History of the United States" by Jonathan Hughes and Louis P. Cain, offer in-depth analyses of this period, confirming the presence of substantial crop surpluses prior to 1893.
Additional Resources: Trade reports and other historical economic analyses provide further evidence of the overproduction issue, highlighting its role in the economic instability that ultimately culminated in the Panic of 1893.
Añadido al timeline:
fecha:
1 ene 1870 año
1 ene 1890 año
~ 20 years