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The economy is in fact over-expanded, particularly in railroad construction, and the weak link turns out to be the banking house of Jay Cooke and Company, which helped the U.S. Government finance the Civil War and also underwrote the construction of the Northern Pacific Railroad. Jay Cooke and Company, a large and respected banking house declares itself bankrupt, and announces its failure on September 18, 1873.. (The bank's collapse precipitates the "Panic of 1873" and the ensuing three yea depression during which more than 10,000 businesses fail.     The basic economic problems are overproduction, a declining market and deflation. Investors in Europe, where a depression is already underway, begin to call in American loans. The New York Stock Exchange closes its doors for 10 days; other businesses fail; and railroad construction is curtailed, with some railroads defaulting on their bonds. The unemployed begin to move about the country seeking jobs, and bread lines appear in the cities. The hard times drove numbers of laboring people and those in humble circumstances to the West and other portions of the country, to seek the rewards which the stagnation of business in the great commercial centre denied them.


Jul
27
revised Smash Up: Microbot Fixer + Microbot Alpha
added 14 characters in body
Mar
23
revised Conflict in Fluxx
added 5 characters in body
Feb
19
revised Can Japanese Cards be played if using an English based Deck?
fixed. added differences.
Feb
12
revised What is your average VP score rolling 2 versus 4 dice after an initial 3322xx roll?
added 17 characters in body
Feb
10
revised Do I have to move all units in the area I have attacked?
added 296 characters in body
Feb
9
revised Are the large box sets stand alone, or do they require Descent 2nd Edition base-set?
edited title
Feb
5
revised Can Bear Hug force a player to destroy an Incorporeal minion?
added 552 characters in body
Feb
5
revised Can Bear Hug force a player to destroy an Incorporeal minion?
added 108 characters in body
Feb
5
revised Can Bear Hug force a player to destroy an Incorporeal minion?
added 59 characters in body
Jan
26
revised If you have multiple wonders do you get multiple special powers?
added 8 characters in body
Jan
26
revised When can an Ætherling use its blinking ability?
edited body
Jan
25
revised Questions about the game-play of Cluedo
Formatting, grammar, etc.
Jan
25
revised A&A surprise strike on loaded aircraft carrier
added 395 characters in body
Jan
25
revised Questions about the game-play of Cluedo
added 104 characters in body
Jan
25
revised Questions about the game-play of Cluedo
added game boards and corrected amswer from desogner
Jan
25
revised Do i have to have a spell target to tap a wizard creature with Patron Wizard?
Formatting
Jan
24
revised Questions about the game-play of Cluedo
added 252 characters in body
Jan
24
revised Is it possible to copy a land with Mimic Vat that is turned into creature by an enchantment?
added 38 characters in body; edited title
Jan
14
revised If I own both Utilities but mortgage one, do I get 10x or 4x the die roll in rent from the unmortgaged one?
added 24 characters in body
Jan
12
revised Can the first zombie player spawn the second zombie player's zombies?
Two separate questions should be made into different q/a so they can be voted independently.