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The Late Commercial Crisis

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Examines the 1870s commercial crisis: excessive railroad speculation, paper currency, bank failures and fraud produced panic, widespread loss and moral decline. Discusses causes, effects and remedies.
Archive ⬩ Economics, Employment, and Work, Money, Possessions, and Stewardship
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Lyman Hotchkiss Atwater (February 23, 1813 – February 17, 1883) was an American Presbyterian philosopher, theologian, and educator who served as a long-time professor of logic, moral and intellectual philosophy at the College of New Jersey (Princeton) and lectured at Princeton Theological Seminary. Born in Cedar Hill, New Haven, Connecticut, he graduated from Yale, ministered for twenty years in Fairfield, Connecticut, and became a prolific writer and contributor to The Princeton Review. Throughout his life he remained deeply involved in Presbyterian scholarship and church affairs, and was honored with an LL.D. from Yale in 1871.

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