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The Panic of 1857 was a financial crisis in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. [ 1 ]
[2]: 542 [note 1] In the Northern United States, it became "the book against slavery." [3]: 75 A book reviewer wrote, "Next to Uncle Tom's Cabin (1852), Hinton Helper's critique of slavery and the Southern class system, The Impending Crisis of the South (1857), was arguably the most important antislavery book of the 1850s." [4]
January. 6 – Marthinus Wessel Pretorius becomes the first President of the Executive Council of the South African Republic (Zuid Afrikaansche Republiek). [4]June. 29 – Act no. 10 of 29 June 1857 grants the Cape Town Railway and Dock Company approval to construct a 57-mile long (92-kilometre) railway between Cape Town and Wellington.
South African Constitution of 1961; South African Constitution of 1983 This page was last edited on 4 May 2022, at 02:52 (UTC). Text is ...
The book has few references to black people; its focus is on denouncing slavery as an economic institution. It generated a furor in the South, where authorities banned its possession and distribution and burned copies that it seized. Between 1857 and 1861, nearly 150,000 copies of the book were circulated.
The Constitution is formally entitled the "Constitution of the Republic of South Africa, 1996." It was previously also numbered as if it were an Act of Parliament – Act No. 108 of 1996 – but, since the passage of the Citation of Constitutional Laws Act , [ 2 ] neither it nor the acts amending it are allocated act numbers.
Robert Bunch KCMG (born September 11, 1820, died March 21, 1881) was a British diplomat, who was a secret agent present in the United States South during the American Civil War. [ 1 ] [ 2 ] Before the outbreak of Civil War, he had served as a diplomatic representative, first in the North, and then replacing George Buckley-Mathew in Charleston ...
The Panic of 1857 began in the summer of that year, when the New York branch of Ohio Life Insurance and Trust Company announced its insolvency. [77] The crisis spread rapidly, and by the fall, 1,400 state banks and 5,000 businesses had gone bankrupt. Unemployment and hunger became common in northern cities, but the agricultural south was more ...