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August 1, 2025
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Panic of 1893 (jan 1, 1893 – jan 1, 1897)

Description:

caused by:
- overspec in stocks = stock market crash
-overproduction of goods
RESULT:
- repeal Sherman Silver Act
- silver doesn't back currency anymore

Added to timeline:

6 May 2022
0
0
309

Date:

jan 1, 1893
jan 1, 1897
~ 4 years