#panic of 1907

[mostly-history]

New York City (January 1908).  The men in the second photo had been put out of work by the Panic of 1907.

[1900scartoons]

The Grasshopper And the Ant

November 30, 1907

The American Farmer carries his Seven Billion Dollar Farm Crop basket and One Billion From Abroad oil can; Wall Street, Speculation fiddle tucked under his arm, begs from him.

Due to recent stock market fluctuations, which resulted in the Panic of 1907, several businesses and banks had required loans to stay afloat.

From Hennepin County Library

Original available at: https://digitalcollections.hclib.org/digital/collection/Bart/id/5566/rec/1790

[1900scartoons]

Plenty Of Water In the Well - Only Just a Matter Of Priming the Pump

November 26, 1907

The well is US Finance, the pump US Banking System; Cortelyou primes it with some Additional Circulation - Banker and Business assist.

A financial crisis, known as the Panic of 1907, had caused severe problems in America's business climate, but Treasury Secretary Cortelyou had issued new government loans to keep banks and businesses afloat.

From Hennepin County Library

Original available at: https://digitalcollections.hclib.org/digital/collection/Bart/id/5386/rec/1786

[1900scartoons]

Goodby To Speculation - They Don't Care If He Never Comes Back

October 29, 1907

Speculation dumps ballast as he take s off with Inflated values. The Farmer, Business, Capital, and consumer see him off happily.

The caption reads 'The financial ballooning season is over for a good long spell'

A major stock market crash had caused severe problems for investors, in what became known as the Panic of 1907.

From Hennepin County Library

Original available at: https://digitalcollections.hclib.org/digital/collection/Bart/id/5866/rec/1755

[1900scartoons]

Clearing Up

October 24, 1907

The sun of Prosperity emerges from the storm clouds to shine on New York again; the West and South were never in the storm. A gopher says "Cheer up, old man - the worst is over."

The caption reads "Only a local shower, anyway."

This was in the middle of the Panic of 1907, when financial collapse was barely staved off.

From Hennepin County Library

Original available at: https://digitalcollections.hclib.org/digital/collection/Bart/id/7000/rec/1750

[1900scartoons]

The Financial Lord Fauntleroy

October 21, 1907

The East, walking with a cane due to his High Finance Gout, accepts the West's assistance.

The caption reads "The West - Lean On Me, Grandpa; Lean On Me"

A stock market crash was starting to cause severe financial repercussions, in what would be known as the Panic of 1907.

From Hennepin County Library

Original available at: https://digitalcollections.hclib.org/digital/collection/Bart/id/5864/rec/1747

[onceuponatown]

New York. Men, put out of work by the Panic of 1907, looking for work as snow shovelers, January, 1908. 

[minnesotafollower]

Federal Regulation of the Railroads in U.S. President Theodore Roosevelt’s Second Term (1905-1909): Introduction

Federal Regulation of the Railroads in U.S. President Theodore Roosevelt’s Second Term (1905-1909): Introduction

President Theodore Roosevelt &  the Railroads

During President Theodore Roosevelt’s terms in office (09/14/1901—03/04/1909), a prominent national political issue was whether and how the federal government should regulate corporations acting in interstate commerce, especially the railroads.

Prior posts reviewed this issue during Roosevelt’s “first” term (1901-1905) with respect to the Northern…

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