Panic of 1893 (1 janv. 1893 – 1 janv. 1897)
Description:
As Cleveland came into office, the stock market crashed and triggered the most severe downturn in American history to this point. It was the result of over-speculation and railroad bankruptcies. In response, Cleveland took a “hands off” approach and championed the gold standard. The economic crisis led to gains for the People’s Party.Ajouté au bande de temps:
Date:
1 janv. 1893
1 janv. 1897
~ 4 years