During the #PanicOf1873, an economic #depression, the #TompkinsSquareRiot broke out #ThisDayInHistory in 1874. A protest of 7000 unemployed workers, the biggest the city had yet seen, was savagely beaten by #police, and the organizers were prosecuted, slowing the #union movement.

1/13/1874 - The depression of 1873-1877 left 3 million people unemployed. The depression began when railroad owner Jay Cooke was found to have issued millions of dollars of worthless stock. Investors panicked and banks closed.

#TompkinsSquareRiot #BreadRiots

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1/13/1874-The depression of 1873-1877 left 3 million people unemployed. The depression began when railroad owner Jay Cooke was found to have issued millions of dollars of worthless stock. Investors panicked & banks closed. The unbalanced, overextended new economy collapsed.

#TompkinsSquareRiot

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