Economic Collapse of 1893
The bankruptcy of the National Cordage Company triggered a devastating chain reaction, leading to the collapse of numerous banks and railroads, and resulting in unemployment rates soaring between 17 to 20%. Just months after the crisis began, a group of unemployed citizens, known as Coxey's Army, marched on Washington to demand government action, marking a significant moment in American protest history. The connection between this march and the themes in "The Wizard of Oz" adds a fascinating layer to the narrative of this tumultuous period.In this clip
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Everything Everywhere Daily
The Panic of 1893 (Encore)
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