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By 1917, New York was funding the world war efforts of Britain, France and for other Allies. By the 1920s, New York had surpassed London as a world banking center. The New York Stock Exchange was the national focus of wealth making and speculation until its shares suddenly collapsed late in 1929, setting off the worldwide Great Depression. [90]
1890s: Bike boom sweeps Europe and America with hundreds of bicycle manufacturers in the biggest bicycle craze to date. 1890: Clément Ader of Muret, France creates his Ader Éole. "Ader claimed that while he was aboard the Ader Eole he made a steam-engine powered low-level flight of approximately 160 feet on October 9, 1890, in the suburbs of ...
Herman Hollerith invents the first electric counting machine for the 1890 census. Samuel Marinus Zwemer co-founds the American Arabian Mission. [4] Schools founded include: Plattsburgh Normal School (Plattsburgh, New York) Riverside Elementary School (Wichita, Kansas) Battle Ground Academy Franklin, Tennessee.
25 July 1890 (United States) New York garment workers won the right to unionize after a seven-month strike. They secured agreements for a closed shop, and firing of all strikebreakers. 1891 (United States) Savannah, Georgia, Black Labourers' Strike occurred. [20] 1891 (United States) Tennessee Miners' Strike occurred. [20]
1832 – Cholera pandemic reaches North America. It breaks out in New York City on June 26, peaks at 100 deaths per day during July, and finally abates in December. More than 3500 people die in the city, many in the lower-class neighborhoods, particularly Five Points. Another 80,000 people, one third of the population, are said to have fled the ...
Trump describes America in the 1890s as 'the wealthiest it ever was.' ... Now let's take a stroll through the 1890s — the real period, not the one imagined by Trump — and ask whether this is a ...
New York newspapers were read across the nation, particularly, the New York Tribune, edited by Horace Greeley, the voice of the new Republican Party. [30] As immigration increased in cities, poverty rose as well. The poorest crowded into low-cost housing such as the Five Points and Hell's Kitchen neighborhoods in Manhattan.
The 325-mile Erie Canal, which connected Albany, New York, on the Hudson River with Buffalo, New York, on Lake Erie, began operation in 1825. Wagon cost from Buffalo to New York City in 1817 was 19.2 cents per ton-mile. By Erie Canal c. 1857 to 1860 the cost was 0.81 cents.