Submitted by scott on Wed, 10/27/2021 - 09:52

The early part of the decade saw an inflationary boom, which led to The Panic of 1837. The crisisoccurred when every bank stopped payment in specie (gold and silver coinage). The West was badly hit by the panic, and would not recover for four or five years. The Clemens family would struggle financially for years, in part due to this panic.

Day By Day Acknowledgment

Mark Twain Day By Day was originally a print reference, meticulously created by David Fears, who has generously made this work available, via the Center for Mark Twain Studies, as a digital edition.