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, ...

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.

By way of Brad DeLong, an illuminating short post on the Panic of 1857 by Ari Kelman at The Edge of the West blog.. How bad was it? Commodity prices plummeted, factories shut their doors ...

What led these businessmen to devote their lunch hours to prayer? Long describes the buildup to the Panic of 1857. “A financial crisis had been brewing through the boom years of the 1850s, a ...

The company on Monday said experts estimate the ship holds a commercial shipment of gold valued at $93,000 in 1857, as well as a "substantial amount of passenger gold," with an estimated Gold Rush ...

See the article in its original context from December 12, 1857, Page 2 Buy Reprints. View on timesmachine. ... and now crisis and panic have seized upon the Old World, ...