The panic of 1837 reached the proportions of a national calamity.
De Alexander: “The panic of 1837 reached the proportions of a national calamity.”
Editor's note · Context
This quote characterizes the panic of 1837 as a significant national disaster, emphasizing its severity.
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In his text he explains the controversy so that the plain man may understand it, while in the notes he adduces the evidence that the specialist requires....
An exceedingly readable volume, especially valuable in its analyses of conditions, causes, situations and results; and against his main conclusions no sane person can contend."--Boston Transcript.
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