Item Detail
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30577
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1
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0
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English
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The Panic of 1893
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Utah History Encyclopedia
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Salt Lake City
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University of Utah Press
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"The Panic of 1893 was a national financial crisis that hit the West and Utah especially hard. It began on 4 May when the New York Stock Exchange began a severe contraction. But Wall Street was less a cause of the problem than a barometer of it. Even before stocks plunged, American foreign trade had declined, bellwether wheat and iron prices had turned down, and business activity had plummeted." [Author]