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Financial Panic 1866

Financial Panic 1866


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Financial Panic 1866

The murky machinations of Gould and Fisk in the gold market lead to a financial crisis : their New York offices are besieged by angry citizens

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Media ID 587078

© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10181769

1866 Angry Citizens Crisis Financial Gould Lead Offices Panic Fisk Murky


EDITORS COMMENTS
This striking print captures the chaotic aftermath of the Financial Panic of 1866, a pivotal moment in American history when the murky machinations of financiers Jay Gould and James Fisk led to a devastating financial crisis. In this scene, their New York offices are besieged by angry citizens who have been left destitute by their reckless actions in the gold market. The expressions on the faces of these furious individuals tell a story of betrayal and desperation as they demand answers for their ruined livelihoods. The events depicted here serve as a stark reminder of the power that unscrupulous individuals can wield over an entire economy, causing widespread panic and suffering in their wake. As we gaze upon this historical image, we are transported back to a time when greed and deceit ran rampant in the financial world, leaving ordinary people to bear the brunt of its consequences. It is a sobering reminder that even in times of prosperity, vigilance must be maintained to prevent such crises from occurring again. Through this powerful photograph, we are given a glimpse into a dark chapter of American history that serves as a cautionary tale for future generations. May we never forget the lessons learned from this tumultuous period and strive to create a more just and equitable society for all.

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