Heather Cox Richardson
speaker
7,649 appearances
90 recordings
10 series
first heard Dec 2024
last heard 2d ago
Heather Cox Richardson’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 89 in all, peaking in Aug 2026 with 26.
Appearances
Harrison's administration had been beyond question the best business administration the country has ever seen, one businessmen's club declared, and losing that administration would be a calamity, especially since, according to Republicans, Democrats were socialists and anarchists who wanted to destroy America.
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The Chicago Tribune told readers that a lower tariff would destroy industries and throw people out of work, but it seemed fine with the prospect.
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The working classes of the country need such a lesson.
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Republican newspapers warned of an impending collapse and fearful investors pulled their money out of the market and out of US bonds.
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Gold began to flow out of the country as Europeans brought their money home.
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The outgoing Harrison administration refused to reassure investors, insisting there was no financial problem, even after financier JP Morgan rushed to Washington to urge Harrison to do something.
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Treasury Secretary Charles Foster commented publicly that the Republicans were responsible for the economy only until March fourth, the day Cleveland would take office.
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His job was only to avert a catastrophe up to that date.
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He didn't quite make it.
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On february seventeenth, the Reading Railroad Company collapsed, and then, one reporter wrote, The bottom seemed to be falling out of everything and
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Harrison's men remained unmoved.
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Foster spent his last few days in office sitting for his portrait.
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Then, when he handed the Treasury Department over to his successor, he told the newspapers that the Treasury was down to bedrock.
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Cleveland took office with a financial panic in full swing and a depression right behind it.
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By eighteen ninety four, desperate workers were demanding government relief programs, adding fuel to Republicans' charges that workers were dangerous.
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When officials at George Pullman's Palace Car Company, outside of Chicago, cut wages five times without lowering rents in company housing, and then fired members of an arbitration committee, workers went on strike.
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By july eighteen ninety four, the nation's transportation system had ground to a halt, and the federal government sent troops to Chicago, North Dakota, Montana, Idaho, Washington, Wyoming, California, Utah Territory, and New Mexico Territory.
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Clashes destroyed two hundred fifty thousand dollars in property.
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As Democrats tried to revise the tariffs and replace missing revenue with an income tax, Republicans insisted they were socialists.
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In the eighteen ninety four midterms, Republicans blamed Democrats for the economic crisis, strikes, and desperation.
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Showing 2441–2460 of 7,649 · page 123 of 383
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