Title: Today in history
Description: Tells about the Depression of 1857 which occurred after the failure of the Ohio Life Insurance and Trust Company's New York branch on Aug 24, 1857. Gives a history of the "lower counties," a territory awarded to William Penn on Aug. 24, 1682.  This land became Delaware, the first state to ratify the new U.S. Constitution.
Subjects: Depressions, Economic conditions, History
Places: United States, Delaware
Time periods: 1857, 19th century