Publisher's Synopsis
Sketches of the Late Depression is a historical book written by William Wickliffe Johnson in 1882. The book provides a detailed account of the economic depression that occurred in the late 19th century, its causes, effects, and lessons learned. Johnson analyzes the leading trades during the past decade and provides a synoptical review of their performance during the depression.The book is divided into several chapters, each focusing on a different aspect of the depression. Johnson begins by discussing the causes of the depression, including the overproduction of goods, speculation, and the failure of banks. He then goes on to describe the effects of the depression on various industries, such as agriculture, manufacturing, and transportation.In addition to providing a historical account of the depression, Johnson also offers insights into the lessons learned from the experience. He argues that the depression was a necessary correction to the excesses of the previous decade and that it ultimately led to a more stable and sustainable economy.Overall, Sketches of the Late Depression is a valuable resource for anyone interested in the history of the American economy and the lessons learned from past economic crises. It is a well-researched and insightful book that provides a comprehensive overview of a significant period in American history.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
