Page:Nye's History of the USA.djvu/319

 Rh In 1873 a panic occurred after the failure of Jay Cooke & Co., of Philadelphia, and a money stringency followed, the Democrats attributing it a good deal to the party in power, just as cheap Republicans twenty years later charged the Democratic administration with this same thing. Inconsistency of this kind keeps good men, like the writer, out of politics, and turns their attention toward the contemplation of a better land.

In 1875 Centennial Anniversaries began to ripen and continued to fall off the different branches of government, according to the history of events so