Financial Crisis Collection

Midas, Transmuting all into [Gold] Paper, pub. 1797 (hand coloured engraving)
2966815 Midas, Transmuting all into [Gold] Paper, pub. 1797 (hand coloured engraving) by Gillray, James (1757-1815); Private Collection; (add.info)

Cartoon on the Tiercering of 1810, 1810-1812. Creator: Jacob Smies
Cartoon on the Tiercering of 1810, 1810-1812. Two men in wigs throw bags of money into a well marked La France, flanked by soldiers and a hussaar on a rocking horse

Emergency money, inflation, banknote over 1000 Marks from 1922, Reichsbanknote, Berlin, Germany, historical
1000, 1900s, 19th-century, art work, arts, artwork, artworks, bank bill, bank note, banknote, black, black-and-white, black-white, capital market, capital markets, commercial circles, contemporary

William Adams Richardson, 1865-1880. Creator: Unknown
William Adams Richardson, 1865-1880. Richardson, Wm. Adams, Secty of Treasury, between 1865 and 1880. [Politician, banker and lawyer

The trading Rue Quincampoix in 1720 (bankruptcy caused by Law). 18th century (engraving)
LRI4676481 The trading Rue Quincampoix in 1720 (bankruptcy caused by Law). 18th century (engraving) by French School, (18th century); Private Collection; (add.info.: Paris 4th arrondissement)

Hon. Wm. A. Richardson of Illinois, Secretary of Treasury, Grant Administration, c. 1870-1880. Creator: Unknown
Hon. Wm. A. Richardson of Illinois, Secretary of Treasury, Grant Administration, between 1870 and 1880

"Take care of the pence and the pounds will take care of themselves"(engraving)
7177707 " Take care of the pence and the pounds will take care of themselves" (engraving) by English School, (19th century); Private Collection; (add.info)

Midas Transmuting all into Gold Paper, published by Hannah Humphrey in 1797
NCO190488 Midas Transmuting all into Gold Paper, published by Hannah Humphrey in 1797 (hand-coloured etching) by Gillray, James (1757-1815)

The Financial Crisis in France, Character Sketches at the Paris Bourse (engraving)
1060554 The Financial Crisis in France, Character Sketches at the Paris Bourse (engraving) by French School, (19th century); Private Collection; (add.info.: The Financial Crisis in France)

A brief panic caused by the sudden failure of the Grant and Wood bank
PNP329414 A brief panic caused by the sudden failure of the Grant and Wood bank, illustration from Harpers Weekly 24th May 1884 (litho) by American School

The South Sea Bubble
LLM455654 The South Sea Bubble by English School; Private Collection; (add.info.: The South Sea Bubble. Willss cigarette card, early 20th century)

The Confiscation of the Contents of a Painters Studio, ca 1590. Found in the collection of The Mauritshuis, The Hague

The Run on the Birkbeck Bank, 1910, (1933). Creator: Unknown
The Run on the Birkbeck Bank, 1910, (1933). The Birkbeck Bank began trading as the Birkbeck Building Society and Birkbeck Freehold Land Society in 1851

Bread Riot, in the Rue du Faubourg St. Antoine, at Paris, from The Illustrated
XJF324334 Bread Riot, in the Rue du Faubourg St. Antoine, at Paris, from The Illustrated London News, 10th October 1846 (engraving) by English School

Bailiffs Outwitted (hand-coloured engraving)
XCF306880 Bailiffs Outwitted (hand-coloured engraving) by English School; Private Collection; English, out of copyright

State of the Nation, 10th June 1829 (colour etching)
XCF290974 State of the Nation, 10th June 1829 (colour etching) by English School, (19th century); Private Collection; (add.info.: Manufactures and commerce support the Workmen)

Blessings of Britain - or Swarm of Tax Gatherers, 1817 (colour etching)
XCF290982 Blessings of Britain - or Swarm of Tax Gatherers, 1817 (colour etching) by English School, (19th century); Private Collection; (add.info)

A Monument dedicated to Posterity, 1720 (engraving) (b / w photo)
XJF275556 A Monument dedicated to Posterity, 1720 (engraving) (b/w photo) by Picart, Bernard (1673-1733); British Museum, London, UK; (add.info.: Jonathans Coffee House, Change Alley)

Greece, Athens, Protest against financial crisis
Protesters march in Syntagma square against austerity cuts to budgets by the out going Greek Government, during the financial crisis, Athens 2012

Empty Wallet
Man holding his empty wallet open

Credit crunch, conceptual image. Computer artwork of a giant bankers hand crushing everyday people

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In times of financial crisis, history has shown that the value of money can be as fragile as a delicate piece of art. From ancient tales to more recent events, these hints depict the struggles and consequences faced by individuals and nations during economic turmoil. One such hint takes us back to 1797 with an engraving titled "Midas Transmuting all into [Gold] Paper. " This image captures the dangerous allure of paper currency, which can quickly lose its worth when misused or overprinted. It serves as a reminder that emergency money measures often lead to inflation and devaluation. Moving forward in time, we encounter a banknote from 1922 Berlin, Germany. This Reichsbanknote symbolizes a period marked by hyperinflation and economic instability. A digitally restored reproduction from the 19th century reminds us how historical events can repeat themselves if lessons are not learned. The portrait of William Adams Richardson further emphasizes the significance of responsible financial management. As Secretary of Treasury during Grant's administration (1865-1880), Richardson played a crucial role in navigating economic challenges while striving for stability. Meanwhile, an illustration depicting poor tenants being evicted during Ireland's National Land League crisis highlights how financial crises impact everyday people. Their struggle echoes throughout history, reminding us that economic downturns have far-reaching social consequences. The trading Rue Quincampoix engraving transports us back to France in the 18th century when bankruptcy caused by Law led to chaos on this street. The scene serves as a stark warning about speculative bubbles and their devastating aftermaths. An engraving featuring Honorable Wm. A. Richardson reinforces the importance of prudent fiscal policies even amidst political pressures - his tenure at Treasury exemplifies this balance between public interest and sound economics. "Take care of the pence and pounds will take care of themselves, " reads another engraving - emphasizing personal responsibility in managing finances wisely; it speaks volumes about individual actions contributing to overall economic stability.