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The '''Panic of 1873''' was a major nationwide economic depression that (temporarily) ruined the railroad industry and halted expansion, during the presidency of [[Ulysses S. Grant]].
For the first time workers engaged in large-scale violent strikes that soured the atmosphere, such as the Great Railroad Strike of 1877 in Martinsburg, West Virginia.<ref>[https://books.google.com/books?id=IBYJbFS52f0C&pg=PA72 The 100 Most Significant Events in American Business: An Encyclopedia]</ref>
==References==
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