This section is from the book "Bepler's Handy Manual of Knowledge And Useful Infomation", by David Bepler. Also available from Amazon: Bepler's Handy Manual of Knowledge and Useful Information.
1837 - United States "Wild Cat" crisis, all banks closed.
1844 - England, State loans to merchants. Bank of England reformed.
1847 - England, failures, 20 millions ; discount, 13 per cent.
1857 - United States, 7,200 houses failed for 111 millions.
1866 - London, Overend-Gurney crisis; failures exceeding 100 mil-lions.