the silver crash of 1893 --- history of commodity

http://www.ellensplace.net/hcg_fac8.html

The effects of repealing the "Sherman Silver Purchase Act" in 1893 left deep scars in the economy of Colorado for many years to come.

Silver was King in Colorado in the 1880's. Men where making fortunes in mining, railroading and banking industries. Over-extended investments and sometimes sheer extravagance ruled the day.

To shed some light on what led to Colorado's severe Depression in the 1890's the currency system of the United States must be examined. ....