From the unpublished diaries of LeRoy Wiley Gresham (1847–65), son of John J. Gresham, twice mayor of Macon, Georgia. LeRoy, a longtime invalid confined to his bed or to a…
Caught in the Web, 1860. After many years of increasing borrowing and at least thirteen months of evidence of an impending catastrophe, American financial institutions faced the worst credit crisis…