Political Quotes

De Alexander: “Then confidence gave way, and tens of thousands of people, who had been wealthy or in comfortable circumstances, waked…”

On the record
Then confidence gave way, and tens of thousands of people, who had been wealthy or in comfortable circumstances, waked up to the awful realisation of their bankruptcy and ruin.
Said by
De Alexander
Republican · New York

Editor's note · Context

This passage reflects the widespread realization of financial ruin experienced by many during the crisis.

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