Bubbles, Panics, and Crashes: A Century of Financial Crises, 1830s-1930s

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Detail, Somerset County, Maine map, Baker Library Historical Collections
Annotation

One year after the sub-prime mortgage crisis, this website presents a small collection of historical materials and information surrounding four financial crises in the 19th and early 20th century: the Panic of 1837, the Panic of 1873, the Bankers' Panic of 1907, and the Great Crash of 1929. Each section includes a brief explanation of the crisis, including causes and consequences, and between four and six primary sources, including maps, images of bank notes, title deeds, and letters. These sources highlight the complexity of crises and their increasing internationalization over time, as well as issues surrounding historical interpretation of the crises.

The website also includes sections on the Waltham Watch Company, which drew on lessons learned during the Panic of 1937 to mechanize the production of watches; and the real-estate boom of the early 1920s, which has been used recently by economists and historians to better understand current connections between real estate markets and financial crisis. Finally, a bibliography of close to 30 works on the history of these crises, links to manuscript collections, trade publications, and financial databases, give website visitors suggestions for further study.

Seneca Falls Historical Society and Museum [NY]

Description

The Society's Museum is located in a structure dating back to 1823. The building was part of a 10-acre estate with carriage house, tool shed, vineyard, garden, and orchard. The Mynderse Family lived there until 1875 when Mrs. Leroy Partridge purchased the house and began an extensive remodeling and updating that changed the two story dwelling into the three-story, 23-room, Queen Anne style home that stands today. The original Gothic Revival tool shed is now the "Bee Hive," a replica of a general store , located behind the house. Also located in the back yard is the Town Clock that was once on top of the Hoskins Block and moved to the grounds by Texaco Oil in October 1968. The first floor of the Museum shows a combination of the original furnishings of the house as the Partridge and Becker families lived here, as well as reproductions and decorations both complimentary to the time period and from historical events in Seneca Falls.

The society offers occasional recreational and educational events; the museum offers exhibits and research library access.