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Panic Of 1893
The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy, and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley. Causes The Panic of 1893 has been traced to many causes, one of those points to Argentina; investment was encouraged by the Argentine agent bank, Baring Brothers. However, the 1890 wheat crop failure and a failed coup in Buenos Aires ended further investments. In addition, speculations in South African and Australian properties also collapsed. Because European investors were concerned that these problems might spread, they started a run on gold in the U.S. Treasury. Specie was considered more valuable than paper money; when people were uncertain about the future, they hoarded specie and rejected paper notes.Nelson, Scott Reynolds. 2012. A Nation of Deadbeats. New York: Alfred Knopf, p. 189. During the Gi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic At The NYSE 5 May 1893 Cph
Panic is a sudden sensation of fear, which is so strong as to dominate or prevent reason and logical thinking, replacing it with overwhelming feelings of anxiety and frantic agitation consistent with an animalistic fight-or-flight reaction. Panic may occur singularly in individuals or manifest suddenly in large groups as mass panic (closely related to herd behavior). Etymology The word "panic" derives from antiquity and is a tribute to the ancient god Pan. One of the many gods in the mythology of ancient Greece, Pan was the god of shepherds and of woods and pastures. The Greeks believed that he often wandered peacefully through the woods, playing a pipe, but when accidentally awakened from his noontime nap he could give a great shout that would cause flocks to stampede. From this aspect of Pan's nature Greek authors derived the word ''panikos'', “sudden fear,” the ultimate source of the English word: "panic". The Greek term indicates the feeling of total fear that i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Congress
The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washington, D.C. Senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a governor's appointment. Congress has 535 voting members: 100 senators and 435 representatives. The U.S. vice president has a vote in the Senate only when senators are evenly divided. The House of Representatives has six non-voting members. The sitting of a Congress is for a two-year term, at present, beginning every other January. Elections are held every even-numbered year on Election Day. The members of the House of Representatives are elected for the two-year term of a Congress. The Reapportionment Act of 1929 establishes that there be 435 representatives and the Uniform Congressional Redistricting Act requires ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1894 United States House Of Representatives Elections
The 1894 United States House of Representatives elections were held from June 4, 1894 to November 6, 1894, with special elections throughout the year. Elections were held to elect representatives from all 356 congressional districts across each of the 44 U.S. states at the time, as well as non-voting delegates from the inhabited U.S. territories. The winners of this election served in the 54th Congress, with seats apportioned among the states based on the 1890 United States Census. The elections comprised a significant political realignment, with a major Republican landslide that set the stage for the decisive election of 1896. The 1894 elections came in the middle of Democratic President Grover Cleveland's second term. The nation was in its deepest economic depression yet following the Panic of 1893, which pushed economic issues to the forefront. In the spring, a major coal strike damaged the economy of the Midwest and Mid-Atlantic. It was accompanied by violence; the miners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James G
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James B
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, York, James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * James (2005 film), ''James'' (2005 film), a Bollywood film * James (2008 film), ''James'' (2008 film), an Irish short film * James (2022 film), ''James'' (2022 film), an Indian Kannada ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1892 United States Presidential Election
The 1892 United States presidential election was the 27th quadrennial presidential election, held on Tuesday, November 8, 1892. In a rematch of the closely contested 1888 presidential election, former Democratic President Grover Cleveland defeated incumbent Republican President Benjamin Harrison. Cleveland's victory made him the first and, to date, the only person in American history to be elected to a non-consecutive second presidential term. It was also the first time incumbents were defeated in consecutive elections—the second being Jimmy Carter's defeat of Gerald Ford in 1976, followed by Carter's subsequent loss to Ronald Reagan in 1980. Additionally, Harrison's loss marked the second time an elected president lost the popular vote twice, the first being John Quincy Adams in the 1820s. This feat was not repeated until Donald Trump lost the popular vote in 2016 and 2020. Though some Republicans opposed Harrison's re-nomination, Harrison defeated James G. Blaine and Wil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agrarianism
Agrarianism is a political and social philosophy that has promoted subsistence agriculture, smallholdings, and egalitarianism, with agrarian political parties normally supporting the rights and sustainability of small farmers and poor peasants against the wealthy in society. In highly developed and industrial nations or regions, it can denote use of financial and social incentives for self-sustainability, more community involvement in food production (such as allotment gardens) and smart growth that avoids urban sprawl, and also what many of its advocates contend are risks of human overpopulation; when overpopulation occurs, the available resources become too limited for the entire population to survive comfortably or at all in the long term. Philosophy Some scholars suggest that agrarianism values rural society as superior to urban society and the independent farmer as superior to the paid worker, and sees farming as a way of life that can shape the ideal social values. It s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Populism
Populism refers to a range of political stances that emphasize the idea of "the people" and often juxtapose this group against " the elite". It is frequently associated with anti-establishment and anti-political sentiment. The term developed in the late 19th century and has been applied to various politicians, parties and movements since that time, often as a pejorative. Within political science and other social sciences, several different definitions of populism have been employed, with some scholars proposing that the term be rejected altogether. A common framework for interpreting populism is known as the ideational approach: this defines ''populism'' as an ideology which presents "the people" as a morally good force and contrasts them against "the elite", who are portrayed as corrupt and self-serving. Populists differ in how "the people" are defined, but it can be based along class, ethnic, or national lines. Populists typically present "the elite" as comprising the po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Party (United States)
The People's Party, also known as the Populist Party or simply the Populists, was a left-wing Agrarianism, agrarian populist political party in the United States in the late 19th century. The Populist Party emerged in the early 1890s as an important force in the Southern and Western United States, but collapsed after it nominated Democratic Party (United States), Democrat William Jennings Bryan in the 1896 United States presidential election. A Rump party, rump faction of the party continued to operate into the first decade of the 20th century, but never matched the popularity of the party in the early 1890s. The Populist Party's roots lay in the Farmers' Alliance, an agrarian movement that promoted economic action during the Gilded Age, as well as the Greenback Party, an earlier third party that had advocated fiat money. The success of Farmers' Alliance candidates in the 1890 United States elections, 1890 elections, along with the conservatism of both major parties, encouraged Fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benjamin Harrison
Benjamin Harrison (August 20, 1833March 13, 1901) was an American lawyer and politician who served as the 23rd president of the United States from 1889 to 1893. He was a member of the Harrison family of Virginia–a grandson of the ninth president, William Henry Harrison, and a great-grandson of Benjamin Harrison V, a founding father. Harrison was born on a farm by the Ohio River and graduated from Miami University in Oxford, Ohio. After moving to Indianapolis, he established himself as a prominent local attorney, Presbyterian church leader, and politician in Indiana. During the American Civil War, he served in the Union Army as a colonel, and was confirmed by the U.S. Senate as a brevet brigadier general of volunteers in 1865. Harrison unsuccessfully ran for governor of Indiana in 1876. The Indiana General Assembly elected Harrison to a six-year term in the Senate, where he served from 1881 to 1887. A Republican, Harrison was elected to the presidency in 1888, def ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United States
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by the nation’s massive economy, stable government, extensive natural resources, highly advanced military, its role as the reference standard for the petrodollar system, and its linked eurodollar and la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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