• Summary
  • Contents
  • Subject index

A manual offering information on the most important laws and treaties approved by Congress in more than 200 years since the first session in 1789. Each Congress is covered in a separate chapter introduced by a historical essay setting the actions of the legislators in the context of their times.

Forty-Third Congress: March 4, 1873, to March 3, 1875
Forty-third Congress: March 4, 1873, to March 3, 1875
  • First session—December 1, 1873, to June 23, 1874
  • Second session—December 7, 1874, to March 3, 1875
  • Special session of the Senate—March 4, 1873, to March 26, 1873
  • (Second administration of Ulysses S. Grant, 1873–1877)
Historical Background

During the autumn of 1873, the boom of the postwar years and its accompanying rapid industrialization, economic expansion, and speculation ended abruptly. Several of the nation's leading financial firms, whose speculation had promoted a dramatic railroad boom, failed, and the New York Stock Exchange closed its doors for ten days. The Panic of 1873 triggered a depression that over the next five years saw three million workers lose their jobs, numerous banks close, businesses fail, farm prices ...

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