On the record
In the autumn of 1857, half a year after the passage of the tariff Act, a disastrous financial panic swept over the country, prostrating for the time all departments of business in about the same degree.
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gutenberg.orgJames Blaine: “In the autumn of 1857, half a year after the passage of the tariff Act, a disastrous financial panic swept over the…”
Editor's note · Context
Blaine describes the financial panic of 1857 and its widespread effects on business.
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