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Panic Of 1857
The Panic of 1857 was a financial crisis in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph Telegraphy is the long-distance transmission of messages where the sender uses symbolic codes, known to the recipient, rather than a physical exchange of an object bearing the message. Thus flag semaphore is a method of telegraphy, whereas ... by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. The world economy was more interconnected by the 1850s, which made the Panic of 1857 the first worldwide economic crisis. In Britain, the Henry John Temple, 3rd Viscount Palmerston, Palmerston government circumvented the requirements of the Bank Charter Act 1844, which required gold and silver reserves to back up the amount of money in circulation. Surfacing news of this circumvention set off the Panic in Britain. B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1857 Panic
The Panic of 1857 was a financial crisis in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. The world economy was more globalized, interconnected by the 1850s, which made the Panic of 1857 the first worldwide economic crisis. In Britain, the Henry John Temple, 3rd Viscount Palmerston, Palmerston government circumvented the requirements of the Bank Charter Act 1844, which required gold and silver reserves to back up the amount of money in circulation. Surfacing news of this circumvention set off the Panic in Britain. Beginning in September 1857, the financial downturn did not last long, but a proper recovery was delayed until the onset of the American Civil War in 1861. The sinking of in September 1857 contributed to the panic, because New York City banks w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kansas
Kansas ( ) is a landlocked U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the west. Kansas is named after the Kansas River, in turn named after the Kaw people, Kansa people. Its List of capitals in the United States, capital is Topeka, Kansas, Topeka, and its List of cities in Kansas, most populous city is Wichita, Kansas, Wichita; however, the largest urban area is the bi-state Kansas City metropolitan area split between Kansas and Missouri. For thousands of years, what is now Kansas was home to numerous and diverse Plains Indians, Indigenous tribes. The first settlement of non-indigenous people in Kansas occurred in 1827 at Fort Leavenworth. The pace of settlement accelerated in the 1850s, in the midst of political wars over the Slavery in the United States, slavery debate. When it was officially opened to settlement by the U.S. governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keokuk, Iowa
Keokuk is a city in and a county seat of Lee County, Iowa, United States. It is Iowa's southernmost city. The population was 9,900 at the time of the United States Census, 2020, 2020 census. The city is named after the Sauk people, Sauk chief Keokuk (Sauk leader), Keokuk, who is recognized with a statue in Rand Park. It is in the extreme southeast corner of Iowa, where the Des Moines River meets the Mississippi River, Mississippi. It is at the junction of U.S. Routes U.S. Route 61, 61, U.S. Route 136, 136 and U.S. Route 218, 218. Just across the rivers are the towns of Hamilton, Illinois, Hamilton and Warsaw, Illinois, and Alexandria, Missouri. Keokuk, along with the city of Fort Madison, Iowa, Fort Madison, is a principal city of the Fort Madison-Keokuk micropolitan area, which includes all of Lee County, Iowa, Hancock County, Illinois, Hancock County, Illinois and Clark County, Missouri, Clark County, Missouri. History Situated between the Des Moines and Mississippi rivers, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midwestern
The Midwestern United States (also referred to as the Midwest, the Heartland or the American Midwest) is one of the four census regions defined by the United States Census Bureau. It occupies the northern central part of the United States. It was officially named the North Central Region by the U.S. Census Bureau until 1984. It is between the Northeastern United States and the Western United States, with Canada to the north and the Southern United States to the south. The U.S. Census Bureau's definition consists of 12 states in the north central United States: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. The region generally lies on the broad Interior Plain between the states occupying the Appalachian Mountain range and the states occupying the Rocky Mountain range. Major rivers in the region include, from east to west, the Ohio River, the Upper Mississippi River, and the Missouri River. The 2020 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston And Worcester Railroad
The Boston and Albany Railroad was a railroad connecting Boston, Massachusetts to Albany, New York, later becoming part of the New York Central Railroad system, Conrail, and CSX Transportation. The mainline is currently used by CSX for freight as the Berkshire Subdivision and Boston Subdivision. Passenger service is provided on the line by Amtrak, as part of their ''Lake Shore Limited'' service, and by the MBTA Commuter Rail system, which owns the section east of Worcester and operates it as its Framingham/Worcester Line. History When the Erie Canal opened in 1825, New York City's advantageous water connection through the Hudson River threatened Boston's historical dominance as a trade center. Since the Berkshires made construction of a canal infeasible, Boston turned to the emerging railroad technology for a share of the freight to and from the Midwestern United States. The Boston and Worcester Railroad was chartered June 23, 1831 and construction began in August 1832. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheboygan And Fond Du Lac Railroad
The Sheboygan and Fond du Lac Railroad was a railroad company in the United States. It was incorporated in 1861 to acquire the bankrupt Sheboygan and Mississippi Railroad, which owned a railway line running between Sheboygan, Wisconsin, and Glenbeulah, Wisconsin. The Sheboygan and Fond du Lac Railroad expanded the line first to Fond du Lac, Wisconsin, and then on to Princeton, Wisconsin. The company was reorganized as the Sheboygan and Western Railway in 1880. Its line eventually became part of the Chicago and North Western Transportation Company system; only the original line of the Sheboygan and Mississippi Railroad remains extant. History The Sheboygan and Mississippi Railroad, incorporated in 1852, had completed a line from Sheboygan, Wisconsin, to Glenbeulah, Wisconsin, by 1860. This line had no connections to other railroads; goods were shipped out from the port in Sheboygan, on Lake Michigan. That company failed and was sold to the new Sheboygan and Fond du Lac Railro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delaware, Lackawanna And Western Railroad
The Delaware, Lackawanna and Western Railroad, also known as the DL&W or Lackawanna Railroad, was a U.S. Class 1 railroad that connected Buffalo, New York, and Hoboken, New Jersey, and by ferry with New York City, a distance of . The railroad was incorporated in Pennsylvania in 1853, and created primarily to provide a means of transport of anthracite, anthracite coal from the Coal Region in Northeast Pennsylvania to large coal markets in New York City. The railroad gradually expanded both east and west, and eventually linked Buffalo, New York, Buffalo with New York City. Like most coal-focused railroads in Northeastern Pennsylvania, including Lehigh Valley Railroad, New York, Ontario and Western Railroad, and the Lehigh & New England Railroad, the DL&W was profitable during the first half of the 20th century, but its margins were gradually hurt by declining Pennsylvania coal traffic, especially following the 1959 Knox Mine Disaster and competition from trucks following the expansi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reading Railroad
The Reading Company ( ) was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976. Commonly called the Reading Railroad and logotyped as Reading Lines, the Reading Company was a railroad holding company for most of its existence, and a single railroad in its later years. It operated service as Reading Railway System and was a successor to the Philadelphia and Reading Railway Company, founded in 1833. Until the decline in anthracite shipments from the Coal Region in Northeastern Pennsylvania following World War II, it was one of the most prosperous corporations in the United States. Enactment of the federally-funded Interstate Highway System in 1956 led to competition from the modern trucking industry. They used the Interstates for short-distance transportation of goods, which compounded the company's competition for freight business, forcing it into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburgh, Fort Wayne And Chicago Railway
The Pittsburgh, Fort Wayne and Chicago Railway was a major part of the Pennsylvania Railroad system, extending the PRR west from Pittsburgh, Pennsylvania, via Fort Wayne, Indiana, to Chicago, Illinois. It included the current Norfolk Southern-owned Fort Wayne Line east of Crestline, Ohio, to Pittsburgh, and the Fort Wayne Secondary, owned by CSX, from Crestline west to Tolleston in Gary, Indiana. CSX leased its entire portion in 2004 to the Chicago, Fort Wayne and Eastern Railroad (CFE). The remaining portion of the line from Tolleston into Chicago is now part of the Norfolk Southern's Chicago District, with a small portion of the original PFW&C trackage abandoned in favor of the parallel lines of former competitors which are now part of the modern NS system. History The Ohio and Pennsylvania Railroad was chartered in Ohio on February 24 and in Pennsylvania on April 11, 1848, to build from Allegheny City (annexed by Pittsburgh in 1907) west to Crestline, Ohio, on the Cleve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erie Railroad
The Erie Railroad was a railroad that operated in the Northeastern United States, originally connecting Pavonia Terminal in Jersey City, New Jersey, with Lake Erie at Dunkirk, New York. The railroad expanded west to Chicago following its 1865 merger with the former Atlantic and Great Western Railroad, also known as the New York, Pennsylvania and Ohio Railroad (NYPANO RR). The mainline route of the Erie Railroad proved influential in the development and economic growth of the Southern Tier of New York state, including the cities of Binghamton, Elmira, and Hornell. The Erie Railroad repair shops were located in Hornell and was Hornell's largest employer. Hornell was also where Erie's mainline split into two routes with one proceeding northwest to Buffalo and the other west to Chicago. On October 17, 1960, Erie Railroad merged with its former rival, Delaware, Lackawanna and Western Railroad, to form the Erie Lackawanna Railway. The Hornell repair shops were closed in 197 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illinois Central Railroad
The Illinois Central Railroad , sometimes called the Main Line of Mid-America, is a railroad in the Central United States. Its primary routes connected Chicago, Illinois, with New Orleans, New Orleans, Louisiana, and Mobile, Alabama, and thus, the Great Lakes to the Gulf of Mexico. Another line connected Chicago west to Sioux City, Iowa (1870), while smaller branches reached Omaha, Nebraska (1899) from Fort Dodge, Iowa, and Sioux Falls, South Dakota (1877), from Cherokee, Iowa. The IC also ran service to Miami, Florida, on trackage owned by other railroads. The IC, founded in 1851, pioneered the financing later used by several long distance U.S. railroads whose construction was partially financed through a Land Grant Act of 1850, federal land grant. In 1998, the Canadian National Railway, via Grand Trunk Corporation, acquired control of the IC, and absorbed its operations the following year. The Illinois Central Railroad maintains its corporate existence as a non-operating subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
