Conversation so far:
What was Joe's occupation originally?
He pitched for semi-professional teams based in Decatur in 1888 and 1889.
What team did he start off with?
made his professional debut with the Colts in 1893.
What was their record?
The league folded as a result of financial troubles related to the Panic of 1893.
What was the result of the league folding?
Jimmie Manning, manager of the Southern League franchise in Savannah, Georgia, became manager of the Kansas City Blues of the Class-A Western League for the 1894 season.
Did Joe buy any teams then?
CANNOTANSWER.

Question: What did he do during this panic?
Self-contained rewrite: What did Joe McGinnity do during the panic of Colt's league folding?