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Great Railroad Strike
The Great Railroad Strike of 1877, sometimes referred to as the Great Upheaval, began on July 14 in Martinsburg, West Virginia, after the Baltimore and Ohio Railroad (B&O) cut wages for the third time in a year. The Great Railroad Strike of 1877 was the first strike that spread across multiple states in the U.S. The strike ended 52 days later, after it was put down by unofficial militias, the National Guard, and federal troops. Because of economic problems and pressure on wages by the railroads, workers in numerous other states, from New York, Pennsylvania, Maryland, Illinois and Missouri, also went on strike. An estimated 100 people were killed in the unrest across the country. In Martinsburg, Pittsburgh, Philadelphia and other cities, workers burned down and destroyed both physical facilities and the rolling stock of the railroads—engines and railroad cars. Some locals feared that workers were rising in revolution, similar to the Paris Commune of 1871, while others joined t ...
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Harpers 8 11 1877 Blockade Of Engines At Martinsburg W VA
Harpers may refer to: * Harpers, popular misnomer for ''Harper's Magazine'', American monthly magazine * ''Harper's Bazaar'', monthly American fashion magazine * ''Harpers Wine & Spirit'', formerly ''Harpers Magazine'' (since 1878), British trade publication * Harpers (''Forgotten Realms''), fictional organization in ''Forgotten Realms'' games * Harper (publisher), an American publishing company See also * Harper's (other) * Harper (other) * ''Harpers Magazine (other) ''Harpers Magazine'' may refer to: * ''Harper's Magazine'' (since 1850), American monthly magazine of literature, politics, culture, finance, and the arts * ''Harpers Wine & Spirit'', formerly ''Harpers Magazine'', British information service for t ...
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Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ...
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Underemployment
Underemployment is the underuse of a worker because their job does not use their skills, offers them too few hours, or leaves the worker idle. It is contrasted with unemployment, where a person lacks a job at all despite wanting one. Examples of workers who may be considered underemployed include those who hold a part-time job but wish to work more hours, part-time workers who wish to work full-time, and overqualified workers who have education, experience, or skills beyond their role's requirements. Underemployment has been studied from a variety of perspectives, including economics, management, psychology, and sociology. In economics, underemployment has three different distinct meanings and applications. Policy-makers may under-research these meanings when assessing the economy as they focus on unemployment instead: # " Overqualification" or "overeducation", the employment of workers with high education, skill levels, or experience in jobs that do not require such abilitie ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can in ...
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Henry Clews
Henry Clews (August 14, 1834 – January 31, 1923) was a British-American financier and author. He was an economic advisor to President Ulysses S. Grant, and a friend of Abraham Lincoln. Born in Staffordshire, England, he emigrated to the United States around 1850. He co-founded an investment company that became the second-largest marketer of federal bonds during the American Civil War. Later, he played a reformers role in New York City politics by organizing the " Committee of 70" which helped depose the corrupt Tweed Ring. In 1887 he wrote a well-known book titled "Fifty Years in Wall Street." He held conservative economic views and was hostile toward the labor union movement. Early life Clews was born on August 14, 1834, in Staffordshire, England.Ingham, John N. "Clews, Henry." ''Biographical Dictionary of American Business Leaders'', Volume 1. Greenwood Publishing Group, 1983. p. 172. Digital Scans, Google Books (Web). July 7, 2015. He was the youngest of four sons born t ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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Jay Cooke
Jay Cooke (August 10, 1821 – February 16, 1905) was an American financier who helped finance the Union war effort during the American Civil War and the postwar development of railroads in the northwestern United States. He is generally acknowledged as the first major investment banker in the United States and creator of the first wire house firm. Early life Cooke was born at Sandusky, Ohio, the son of Eleutheros Cooke and Martha Carswell Cooke. Eleutheros Cooke was a pioneer Ohio lawyer and Whig, a member of the Ohio General Assembly, and a member of Congress from Ohio from 1831 to 1833. Financier of the Civil War In 1838, Cooke went to Philadelphia, where he entered the banking house of E. W. Clark & Co. as a clerk, and became a partner in 1842. He left this firm in 1858. On January 1, 1861, just months before the start of the American Civil War, Cooke opened the private banking house of Jay Cooke & Company in Philadelphia. Soon after the war began, the state of P ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Panic Of 1873
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership. In the United States, the Panic was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) helped to place massive strain on bank reserves, which, in New York ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Long Depression
The Long Depression was a worldwide price and economic recession, beginning in Panic of 1873, 1873 and running either through March 1879, or 1899, depending on the metrics used. It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. The episode was labeled the "Great Depression" at the time, and it held that designation until the Great Depression of the 1930s. Though it marked a period of general deflation and recession, a general contraction, it did not have the severe economic retrogression of the later Great Depression. The United Kingdom was the hardest hit; during this period it lost some of its large industrial lead over the economies of continental Europe. While it was occurring, the view was prominent that the British economy had been in continuous depression from 1873 to as late as 1896 and some texts refer to the period as the Great ...
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Schwarzer Freitag Wien 1873
Schwarzer may refer to: * Trollinger, a German/Italian wine grape variety * St. Laurent (grape), a red wine grape variety Persons with the surname * Alice Schwarzer (born 1942), German feminist * Christian Schwarzer (born 1962), German handballer * Johann Schwarzer (1880–1914), Austrian photographer and film producer * Mark Schwarzer Mark Schwarzer ( , ; born 6 October 1972) is an Australian former professional football player who played as a Goalkeeper (association football), goalkeeper. He represented Australia men's national soccer team, Australia at international level ... (born 1972), Australian footballer * Mitchell Schwarzer, American architectural historian * William Schwarzer (1925–2017), American judge * Zbigniew Schwarzer, Polish rower See also * Schwarz (other) * Schwartz (other) {{disambiguation, surname ...
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