On this day in 1837 – Banks in New York City suspended specie payments, triggering a seven-year recession in the United States. - Post by OnThisDay on Boldomatic

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On this day in 1837 – Banks in New York City suspended specie payments, triggering a seven-year recession in the United States.

On this day in 1837 – Banks in New York City suspended specie payments, triggering a seven-year recession in the United States.

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