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Financial Panic in New York 1873
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Financial Panic in New York 1873
A panicked crowd on Broad Street, New York City, after the closing of the stock exchange doors during the Panic of 1873, 20th September 1873. The stock exchange stayed closed for ten days. (Photo by Kean Collection/Archive Photos/Getty Images)
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Kean Collection
Media ID 11925530
© 2009 Getty Images
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Financial Panic Unleashes Chaos on the Streets of New York City, 1873
EDITORS COMMENTS
. In this print captured by the Kean Collection, we are transported back to a pivotal moment in American history - the Financial Panic of 1873. The image depicts a scene of utter chaos and panic on Broad Street, New York City, as news spreads about the closing of the stock exchange doors. The photograph serves as a haunting reminder of the devastating impact that financial crises can have on society. Men wearing top hats fill every inch of space, their faces etched with fear and desperation. A palpable commotion engulfs them as they jostle for information or perhaps even fight for survival amidst this economic turmoil. For ten long days, Wall Street remained silent and paralyzed by uncertainty. The shuttered stock exchange symbolizes shattered dreams and dashed hopes for countless individuals who had invested their fortunes in stocks and bonds. Although women are noticeably absent from this particular frame, it is important to acknowledge that both men and women were affected by this crisis. However, it is these men in top hats who dominate our attention here - emblematic figures representing power structures at play during this tumultuous period. This poignant snapshot freezes a moment in time when panic gripped America's financial heartland. It stands as an enduring testament to human vulnerability in times of economic upheaval – reminding us that even within chaos lies an opportunity for reflection and resilience.
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