The Roosevelt Panic of 1907 (1910)

The Roosevelt Panic of 1907 is a historical book written by Adolph Edwards and published in 1910. The book chronicles the financial crisis that occurred in the United States in 1907 during the presidency of Theodore Roosevelt. The crisis was caused by a series of events, including the failure of several banks and the collapse of the stock market. The panic led to a nationwide run on banks and a severe economic downturn. Edwards provides a detailed account of the events leading up to the crisis, including the speculative boom of the early 1900s and the role of powerful financiers such as J.P. Morgan in attempting to stabilize the economy. The book also examines the response of the Roosevelt administration to the crisis, including the creation of the National Monetary Commission and the passage of the Aldrich-Vreeland Act.Overall, The Roosevelt Panic of 1907 provides a comprehensive analysis of a pivotal moment in American financial history and sheds light on the factors that contributed to the development of the modern American financial system. The book is a valuable resource for historians, economists, and anyone interested in the history of American finance.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.