Industrial Age · North America · Disaster
1869
Black Friday Gold Panic
September 24, 1869
Jay Gould and James Fisk nearly cornered the New York gold market in a scheme that drew on their friendship with the president's brother-in-law. When Grant dumped federal gold to break the ring, prices collapsed and ruined small investors. The scandal was the first great financial corruption of the Gilded Age.
In context
Also in 1869 (5 other events on record)
- Mendeleev's Periodic Table · Europe · Science
- Transcontinental Railroad Completed · North America · Technology
- Suez Canal Opens · Middle East · Technology
- Vatican I Opens · Europe · Religion
- Tolstoy's War and Peace · Europe · Culture
Before and after in North America
Before and after in Disaster
Era
Industrial Age (1801–1900), one of 513 events from that era on Saeculum.