Democracy in desperation
Subtitle: the depression of 1893
By: Douglas Steeples and David O. Whitten.
Contributors: Whitten, David O.
Series: Contributions in economics and economic history,; no. 199
Publisher: Greenwood Press
Published: 1998
Place of publication: Westport, Conn
Language: eng
Number of pages: 261
Subjects: Depressions -- 1893 -- United States; United States -- Politics and government -- 1893-1897; United States -- Economic conditions -- 1865-1918
Description: The Panic of 1893 and the depression it triggered mark one of the decisive crises in American history. Devastating broad sections of the country like a tidal wave, the depression forced the nation to change its way of life and altered the pattern and pace of national development ever after.

The depression served as the setting for the transformation from an agricultural to an industrial society, exposed grave economic and social problems, sharply tested the country's resourcefulness, reshaped popular thought, and changed the direction of foreign policy. It was a crucible in which the elements of the modern United States were clarified and refined. Yet no study to date has examined the depression in its entirety.

This is the first book to treat these disparate matters in detail, and to trace and interpret the business contraction of the 1890s in the context of national economic, political, and social development.
Notes: Includes bibliographical references (p. [213]-233) and index.