When it was first published in the late 1890s, the index stood
at a level of 40.94, but ended up hitting its all-time low of 28.48
during the summer of 1896 during the depths of what later became
known as the Panic of 1896.
When it was first published in the late 1890s, the index stood
at a level of 40.94, but ended up hitting its all-time low of 28.48
during the summer of 1896 during the depths of what later became
known as the Panic of 1896.
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William Jennings Bryan was a spokesman for rural Americans who
were suffering economic depression following the Panic of 1893