If you’re a history buff, you’ve maybe heard of an event called the Panic of 1857. Firstly, it had nothing to do with a disease or a shortage of toilet paper. It was an episode in history when ...

The shipwreck had far-reaching impacts. “The great loss of gold was a contributing factor to the Panic of 1857, a short yet severe economic downturn fueled by a loss of confidence in the banking ...

When it sank, it ended up contributing to the financial panic of 1857. The ship was pretty tempting for treasure hunters, but none found the lost haul until over a century later, when a team led ...