- Panic of 1893 and Its Aftermath (historylink.org)
Less than four years after Washington Territory achieved statehood, what was known as America’s “Gilded Age” came to an agonizing end when the nation was struck by the worst economic crisis it had yet experienced. In the late spring of that year a four-month spasm of financial hysteria known as the Panic of 1893 swept the country…
- Panic of 1893 (Wikipedia)
The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later. The Panic of 1896 followed. It was the most serious economic depression in history until the Great Depression of the 1930s. The Panic of 1893 deeply affected every sector of the economy and produced political upheaval that led to a political realignment and the presidency of William McKinley.