Key Events in American History: 1873

President: Ulysses S. Grant

VP: Schuyler Colfax until March 4th, Henry Wilson thereafter

Date, Event

  • Jan 30th "Around the World in 80 Days" is published by Jules Verne & sells a million copies
  • Feb 12th The Coinage Act of 1873 is passed removing silver coinage from circulation & establishing a gold standard Production of the Trade dollar begins; two & three cent pieces are eliminated
  • Mar 1st E. Remington start producing the first practical typewriter
  • Mar 3rd The Timber Culture Act grants homesteaders an additional 160 acres of land provided they plant trees on at least 40 acres
  • Mar 4th President Grant begins his second term
  • May Barbed wire is put on exhibit by Henry Rose at an Illinois county fair; Joseph Glidden mass-produces it
  • May Modoc Wars come to an end with the Battle of Dry Lake in N. California
  • May 23rd The Preakness Stakes horse race begins in Baltimore, MD
  • Jul 21st Jesse James & the Younger Gang pull off the first successful train robbery (Rock Island Express)
  • August Grasshoppers & droughts devastate the western farms, causing farmers to sell their farms & causing farmers to return to factories
  • Sep 18th The NY stock market crash triggers the Panic of 1873, part of the Long Depression. Primary causes include the failure of about 38 brokerage firms from over-speculation & inflated prices
  • Sep 20th The New York Stock Exchange closes for 10 days in an attempt to calm market fears
  • Oct 20th P.T. Barnum takes his Grand Traveling Museum, Menagerie, Caravan & Hippodrome to New York City at 4th & 26th Street; this space later becomes the site for Madison square Garden
  • Oct 27th Joseph Glidden applies for a patent on barbed wire
  • Other

  • Reconstruction era (1865-1877)
  • Depression of 1873-1879
  • The Winchester Company introduces the Model 1873 repeating rifle (aka "The Gun the Won the West")
  • "Home on the Range" is written by Higley & Kelley
  • Coors Brewing Company begins brewing beer in Golden, CO
  • Births

  • Feb 25th Enrico Caruso (Opera Singer)
  • Apr 1st Sergei Rachmaninoff (Composer/Pianist)
  • Deaths

  • Mar 3rd Oakes Ames (Politician/Capitalist/Committee Member, Union Pacific Railroad)