Parading as Millionaires: Montana Bankers and the Panic of 1893

Paula Petrik

Enterprise & Society, 2009, vol. 10, issue 4, 729-762

Abstract: One day two swindlers came to this city; they made people believe that they were weavers, and declared they could manufacture the finest cloth to be imagined Historians, in general, and historians of the trans-Mississippi West, in particular, have paid scant attention to the Panic of 1893 except to summarize its highlights: the silver-mining industry collapsed; banks and businesses failed; unemployment increased; labor rebelled—sometimes violently; and the Populists gained political ground. Some historians of the American West have given the panic a miss entirely

Date: 2009
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