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Old 10-11-2004, 07:26 PM
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Default The Dead Years (1890-1908), What Happened?

Posted By: Paul

I recall from my high school history class that there was an economic downturn -- I think in the 1890s -- that was second only to the Great Depression. JP Morgan bailed out the country by loaning a fortune to the federal government. If I haven't completely misstated history, that may help explain it. Of course, during the actual Great Depression, tons of cards were issued.

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