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The Many Panics of 1837
In the spring of 1837, people panicked as financial and economic uncertainty spread within and between New York, New Orleans and London. Although the period of panic would dramatically influence political, cultural and social history, those who panicked sought to erase from history their experiences of one of America's worst early financial crises. The Many Panics of 1837 reconstructs this period in order to make arguments about the national boundaries of history, the role of information in the economy, the personal and local nature of national and international events, the origins and dissemination of economic ideas, and most importantly, what actually happened in 1837. This riveting transatlantic cultural history, based on archival research on two continents, reveals how people transformed their experiences of financial crisis into the 'Panic of 1837', a single event that would serve as a turning point in American history and an early inspiration for business cycle theory.
Letter of Mr. John Austin Stevens
Excerpt from Letter of Mr. John Austin Stevens: New York, March 21, 1890 It is hardly necessary to say that this communication is in no wise intended as a challenge to any other organization, or as a reply to them to any public or private attack upon us, or as inviting from them any response or controversy, but is simply a private circular addressed to you individually as members of the Society of the Sons of the Revolution by your Officers for your information and enlightenment. We also take this means of informing you that the Sons Of the Revolution of the District Of Columbia have joined hands with their brothers in Pennsylvania and New York by unanimously adopting the compact of union. A...
