Panic of 1857



Locations
Participants

Timeline

Y/M/D Description Place
1857/00/00 Since Nebraska was not a state, the Bank of Florence issues its own money in denominations of $1, $2, $3 and $5. Know as "wildcat currency", the bank struggled during the Financial Panic of 1857. Bank of Florence, Omaha, NE
1857/09/00 Warren Delano loses a fortune during a financial collapse of Wall Street and an inablity to turn a profit in shipping. "My father lost almost everything, and when he tried to sell our house, he found almost all prospective buyers in the same plight." SDR The Algonac, Balmville

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