"In the spring of 1837, people panicked as financial and economic uncertainty spread within and between New York, New Orleans and London. Although the period of panic would dramatically influence ...

Roberts examines the financial, political, and social upheavals that occurred in the United States in the decade following the Panic of 1837, which he calls the First Great Depression. The years ...

The Panic of 1837 was one of the worst years ever for property values in New York City. Many New Yorkers lost their homes to foreclosure, and so many others were in default on their mortgage payments ...