This is the nineteenth in my series of posts about the five businessmen the History Channel profiled in a terribly inaccurate and un-historical TV miniseries titled The Men Who Built America. I’m writing these posts in response to several comments and e-mails from TV viewers who have expressed interest in a more accurate version of the story. (Click here to see all Al’s columns on the program and its subjects.)
Post #19: The Financial Panic of 1873
The 1870’s were a turbulent time for American businesses and workers. A financial panic that started late in 1873 precipitated a depression that sent dozens of banks and railroads into bankruptcy, and started an economic depression.