The Panic of 1837 | DPLA - Digital Public Library of America
https://dp.la/primary-source-sets/the-panic-of-1837
The Panic of 1837 was a major recession in the US economy that began in the spring of 1837 and lasted until the mid-1840s. During the “panic,” also referred to as “hard times,” hundreds of banks collapsed, currency lost value as prices soared, and farmers, merchants, and business owners across the country suffered severe financial losses or ruin.
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