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Panic in the New York Stock Exchange in May 1893. An economic depression which lasted from 1893 through 1897 became known as the Panic of 1893. After an illustration by Charles Broughton in Frank Leslies Illustrated Newspaper, May 18, 1893
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Panic in the New York Stock Exchange in May 1893. An economic depression which lasted from 1893 through 1897 became known as the Panic of 1893. After an illustration by Charles Broughton in Frank Leslies Illustrated Newspaper, May 18, 1893
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Media ID 24904583
© Ken Welsh / Design Pics
Crash Economy Frank Leslies Illustrated Newspaper New York Stock Exchange Stock Market Economic Depression Nyse
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EDITORS COMMENTS
This print takes us back to the chaotic scene that unfolded in the New York Stock Exchange in May 1893. The image, originally illustrated by Charles Broughton and featured in Frank Leslies Illustrated Newspaper on May 18th of that year, captures the essence of a significant event in American history - the Panic of 1893. The Panic of 1893 marked an economic depression that plagued the United States for four long years until 1897. This devastating downturn had far-reaching consequences, as depicted vividly within this archival photograph. The stock market crash triggered panic among traders and investors alike, leading to a state of frenzy within the iconic walls of Wall Street's epicenter. As we delve into this snapshot from over a century ago, we witness faces filled with worry and despair. Men frantically gesture while others clutch their heads or scramble through stacks of papers strewn across trading desks. It is evident that financial ruin loomed large during these tumultuous times. This historical artifact serves as a poignant reminder not only of our nation's economic struggles but also showcases how moments like these shape our collective memory. Through this lens into America's past, we gain insight into the resilience and determination required to overcome such hardships. Let us reflect upon this powerful image as it transports us back to an era defined by turmoil and uncertainty – reminding us how even amidst chaos, hope can emerge from darkness.
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