The major financial catalyst for the panic of 1857 was the Aug. 24, 1857, failure of the New York branch of the Ohio Life Insurance and Trust Company. It was ...

The Panic of 1857 is triggered in New York, Aug. 24, 1857. By Andrew Glass 08/24/2015 12:02 AM EDT. The New York branch of the Ohio Life Insurance and Trust Co., failed on this day in 1857. Soon, ...

The panic of 1857 A lesson from past financial crises. Fingering the villain is never as easy as it looks. By Andrew Leonard. Published August 26, 2009 6:18PM (EDT) --Shares. Facebook.

This, among other factors such as a global overproduction of grain, caused the Panic of 1857. Just a couple of years prior, settlers were starting to pour into the new Minnesota Territory.

See the article in its original context from December 12, 1857, Page 2 Buy Reprints. ... First we have had the crisis in its concentrated form of a panic in our midst, ...

The Political Crisis and Commerce.; FAILURES OF 1860 COMPARED WITH 1857.--FROM THE OFFICE OF THE MERCANTILE AGENCY OF DUN, BOYD & CO. Share full article. Jan. 3, 1861.

In 1932, near the nadir of the Depression, they looked back to the Panic of 1857; the Washington Post reprinted “Unemployment,” an editorial from that meltdown by Walt Whitman, ...

In January, one of the largest S.S. Central America ingots ever offered at auction, an 866.19-ounce find known as a Justh & Hunter ingot, sold for $2.16 million through Dallas-based Heritage Auctions.

The discovery of sunken gold conjures up visions of instant riches: Swiss bank accounts and lazy afternoons on faraway beaches, daiquiris in hand. But the quest to salvage the SSCentral America ...

The Panic of 1857, caused by rampant speculation of railroad stocks and bonds, helped cause a banking collapse. Unemployment and a Wall Street downturn severely hampered the business community, and ...

These miner’s work pants with a button fly, recovered from the 1857 sinking of the S.S. Central America, are the oldest known California Gold Rush-era jeans of their kind and may have been made ...

Of the 578 passengers and crewmembers, 425 died and the loss of the gold cargo was a major factor in the economically devastating financial Panic of 1857 in the United States, according to a ...