Panic of 1893 in the context of "1896 United States presidential election"

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⭐ Core Definition: Panic of 1893

The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later. The Panic of 1896 followed. It was the most serious economic depression in history until the Great Depression of the 1930s. The Panic of 1893 deeply affected every sector of the economy and produced political upheaval that led to a political realignment and the presidency of William McKinley.

The panic climaxed with a run on gold from the United States Treasury. Unemployment rates in many states rose above 25% and poverty became widespread.

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πŸ‘‰ Panic of 1893 in the context of 1896 United States presidential election

Presidential elections were held in the United States on November 3, 1896. Former Governor William McKinley, the Republican nominee, defeated former Representative William Jennings Bryan, the Democratic nominee. The 1896 campaign, which took place during an economic depression known as the Panic of 1893, was a political realignment that ended the old Third Party System and began the Fourth Party System.

Incumbent Democratic President Grover Cleveland did not seek election to a second consecutive term (which would have been his third overall), leaving the Democratic nomination open. An attorney and former congressman, Bryan galvanized support with his Cross of Gold speech, which called for reform of the monetary system and attacked business leaders as the cause of ongoing economic depression. The 1896 Democratic National Convention repudiated the Cleveland administration and nominated Bryan on the fifth presidential ballot. Bryan then won the nomination of the Populist Party, which had won several states in 1892 and shared many of Bryan's policies. In opposition to Bryan, some conservative Bourbon Democrats formed the National Democratic Party and nominated Senator John M. Palmer. McKinley prevailed by a wide margin on the first ballot at the 1896 Republican National Convention.

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Panic of 1893 in the context of The New York Times

The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. As one of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of AugustΒ 2025, The New York Times had 11.88 million total and 11.3 million online subscribers, both by significant margins the highest numbers for any newspaper in the United States; the total also included 580,000 print subscribers. The New York Times is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publisher is A. G. Sulzberger. The Times is headquartered at The New York Times Building in Midtown Manhattan.

The Times was founded as the conservative New-York Daily Times in 1851, and came to national recognition in the 1870s with its aggressive coverage of corrupt politician Boss Tweed. Following the Panic of 1893, Chattanooga Times publisher Adolph Ochs gained a controlling interest in the company. In 1935, Ochs was succeeded by his son-in-law, Arthur Hays Sulzberger, who began a push into European news. Sulzberger's son Arthur Ochs Sulzberger became publisher in 1963, adapting to a changing newspaper industry and introducing radical changes. The New York Times was involved in the landmark 1964 U.S. Supreme Court case New York Times Co. v. Sullivan, which restricted the ability of public officials to sue the media for defamation.

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Panic of 1893 in the context of Silverton, Colorado

Silverton is a statutory town that is the county seat of, the most populous community in, and the only incorporated municipality in San Juan County, Colorado, United States. The town is located in a remote part of the western San Juan Mountains, a range of the Rocky Mountains. The first mining claims were made in mountains above the Silverton in 1860, near the end of the Colorado Gold Rush and when the land was still controlled by the Utes. Silverton was established shortly after the Utes ceded the region in the 1873 Brunot Agreement, and the town boomed from silver mining until the Panic of 1893 led to a collapse of the silver market, and boomed again from gold mining until the recession caused by the Panic of 1907. The entire town is included as a federally designated National Historic Landmark District, the Silverton Historic District.

Originally called "Bakers Park", Silverton sits in a flat area of the Animas River valley and is surrounded by steep peaks. Most of the peaks surrounding Silverton are thirteeners. The highest being Storm Peak, at 13,487 feet. The town is less than 15 miles from 7 of Colorado's 53 fourteeners, and is known as one of the premier gateways into the Colorado backcountry.

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Panic of 1893 in the context of 1894 United States House of Representatives elections

The 1894 United States House of Representatives elections were held from June 4, 1894, to November 6, 1894, with special elections throughout the year. Elections were held to elect representatives from all 356 congressional districts across each of the 44 U.S. states at the time, as well as non-voting delegates from the inhabited U.S. territories. The winners of this election served in the 54th Congress, with seats apportioned among the states based on the 1890 United States census.

The elections comprised a significant political realignment, with a major Republican landslide that set the stage for the decisive election of 1896. The 1894 elections came in the middle of Democratic President Grover Cleveland's second term. The nation was in its deepest economic depression yet following the Panic of 1893, which pushed economic issues to the forefront. In the spring, a major coal strike damaged the economy of the Midwest and Mid-Atlantic. It was accompanied by violence; the miners lost and many joined the Populist Party. Immediately after the coal strike concluded, Eugene V. Debs led a nationwide railroad strike. It shut down the nation's transportation system west of Detroit for weeks, until President Cleveland's use of federal troops ended the strike. Debs went to prison for disobeying a court order. Illinois Governor John Peter Altgeld, a Democrat, broke bitterly with Cleveland.

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Panic of 1893 in the context of Knights of Labor

The Knights of Labor (K of L), officially the Noble and Holy Order of the Knights of Labor, was the largest American labor movement of the 19th century, claiming for a time nearly one million members. It operated in the United States as well in Canada, and had chapters also in Great Britain and Australia. Terence V. Powderly was one of the most notable leaders of the organization as he was the leader during its rapid rise and decline. The Knights of Labor promoted the social and cultural uplift of the worker, and demanded the eight-hour day. In some cases it acted as a labor union, negotiating with employers, but it was never well organized or funded. It was notable in its ambition to organize across lines of gender and race and in the inclusion of both skilled and unskilled labor. It grouped all workers, regardless of occupation, into a single body. After a rapid expansion in the mid-1880s, it suddenly lost its new members and succumbed to a jurisdictional battle with the new American Federation of Labor. The Knights of Labor had served as the first mass organization of the working class in the United States.

Founded by Uriah Stephens on December 28, 1869, the Knights of Labor reached 28,000 members in 1880, and 100,000 in 1884. By 1886, it had nearly 800,000 members: 20% of all workers. Its frail organizational structure could not cope as charges of failure, violence, allegations, and backlash following the 1886 Haymarket Square riot battered it. Most members abandoned the movement in 1886–1887, leaving at most 100,000 members in 1890. Many opted to join groups that helped to identify their specific needs instead of the KOL which addressed many different types of issues. The Panic of 1893, the largest economic depression in US history at the time, ended the Knights of Labor's importance. While their national headquarters closed in 1917, remnants of the Knights of Labor survived until 1949, when the group's last 50-member local dropped its affiliation.

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