On the record
The panic of 1873 put an end to all these wild, visionary schemes, and left the country prostrate and in ruin.
Source
gutenberg.orgJohn Sherman: “The panic of 1873 put an end to all these wild, visionary schemes, and left the country prostrate and in ruin.”
Editor's note · Context
Sherman describes the economic fallout from the panic of 1873, marking a significant downturn.
Share
More from John Sherman
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
The Union already embraces discordant elements enough without adding others.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
Other voices in this conversation
