Panic of 1893

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Panic of 1893 Democratic Party control Grover Cleveland • Massive expansion – Railroad speculation Stock Market crash Runs on banks Repeal of the Sherman Silver Purchase Act

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Panic of 1893. Democratic Party control Grover Cleveland Massive expansion Railroad speculation Stock Market crash Runs on banks Repeal of the Sherman Silver Purchase Act. Protests . . . “General” Jacob Coxey Coxey’s Army His solution. . . . and strikes. Bituminous Coal Miners Strike - PowerPoint PPT Presentation

Transcript of Panic of 1893

Page 1: Panic of 1893

Panic of 1893

• Democratic Party control– Grover Cleveland

• Massive expansion– Railroad speculation– Stock Market crash– Runs on banks

• Repeal of the Sherman Silver Purchase Act

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Protests . . .

• “General” Jacob Coxey– Coxey’s Army– His solution

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. . . and strikes

• Bituminous Coal Miners Strike– United Mine Workers

• Pullman Strike